EX-21.1 4 l32212aexv21w1.htm EX-21.1 EX-21.1
Exhibit 21.1
The following is a list of subsidiaries of RPM International Inc.1 as of July 24, 2008.
     
    Jurisdiction of
Name   Incorporation
 
   
First Continental Services Co.
  Vermont
RPM Asia Pte. Ltd.
  Singapore
Espan Corporation Pte. Ltd.
  Singapore
RPM China Pte. Ltd.
  Singapore
Magnagro Industries Pte. Ltd.
  Singapore
Dryvit Wall Systems (Suzhou) Co. Ltd.
  China
RPM Consumer Holding Company
  Delaware
DAP Products Inc.2
  Delaware
DAP Holdings, LLC3
  Delaware
Gloucester Co., Inc.
  Massachusetts
NMBFil, Inc.
  Ohio
Rust-Oleum Corporation4
  Illinois
Rust-Oleum International, LLC5
  Delaware
BPAG, Inc.
  Delaware
Rust-Oleum Sales Company, Inc.
  Ohio
Rust-Oleum Service Company
  Delaware
Rust-Oleum Japan Corporation
  Japan
The Testor Corporation6
  Ohio
Zinsser Co., Inc. 7
  New Jersey
Zinsser Asia Pacific Pty. Limited
  Australia
Zinsser Holdings, LLC8
  Delaware
Mantrose-Haeuser Co., Inc. 9
  Massachusetts
Modern Masters Inc.
  California
Zinsser Divestiture Co., Inc.
  New York
RPM Enterprises, Inc.
  Delaware
RPM FCP I, Inc.10
  Delaware
RPM FCP II, Inc.11
  Delaware
RPM, Inc.12
  Ohio
American Emulsions Co., Inc.
  Georgia
Select Dye & Chemical, Inc.
  Georgia
Bondex International, Inc.
  Ohio
Chemical Specialties Manufacturing Corporation
  Maryland
Day-Glo Color Corp.13
  Ohio
Dryvit Holdings, Inc.
  Delaware
Dryvit Systems, Inc.14
  Rhode Island
Dryvit Systems USA (Europe) Sp. zo.o.
  Poland
Guardian Protection Products, Inc.
  Delaware
Kop-Coat, Inc.
  Ohio
Kop-Coat New Zealand Limited
  New Zealand
Agpro (N.Z.) Limited
  New Zealand
RPM Wood Finishes Group, Inc.15
  Nevada

 


 

     
    Jurisdiction of
Name   Incorporation
Chemical Coatings, Inc.
  North Carolina
RPM of Mass., Inc.
  Massachusetts
Westfield Coatings Corporation
  Massachusetts
TCI, Inc.
  Georgia
RPM Industrial Holding Company
  Delaware
Carboline Company16
  Delaware
PLB Holdings Inc.
  Nevada
A/D Fire Protection Systems Corp.
  Nevada
Carboline International Corporation17
  Delaware
Carboline Dubai Corporation
  Missouri
Star Maling og Lakkfabrikk AS18
  Norway
Carboline Marine Europe AS
  Norway
StonCor Africa (Pty.) Ltd.
  South Africa
Chemrite Equipment Systems
   
(Pty.) Ltd.
  South Africa
StonCor Namibia (Pty.) Ltd.
  Namibia
Republic Powdered Metals, Inc. 19
  Ohio
StonCor Group, Inc.20
  Delaware
Fibergrate Composite Structures Incorporated21
  Delaware
Stonhard Nederland B.V.
  Netherlands
Parklin Management Group, Inc.22
  New Jersey
Stonhard Agencia en Chile
  Chile
StonCor Corrosion Specialists Group Ltda.23
  Brazil
StonCor (Zhangjiagang Bonded Logistics Park)
   
Trading Co., Inc.
  China
Tremco Incorporated24
  Ohio
The Euclid Chemical Company25
  Ohio
Euclid Chemical International Sales Corp.26
  Ohio
Grandcourt N.V.27
  Netherlands Antilles
Redwood Transport, Inc.28
  Ohio
Paramount Technical Products, Inc.
  South Dakota
Tremco illbruck AB
  Sweden
Tremco Asia Pacific Pty. Limited
  Australia
Tremco Pty. Limited
  Australia
Tremco Asia Pte. Ltd.
  Singapore
Tremco Barrier Solutions, Inc.
  Delaware
Tremco GmbH
  Germany
Weatherproofing Technologies, Inc.
  Delaware
RSIF International Limited
  Ireland
 
1   RPM International Inc. owns 100% of the outstanding voting Common Stock in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-

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    voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
2   DAP Products Inc. owns 100% of the outstanding Series B Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the Outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
    DAP Products Inc. owns 94% of the outstanding shares in Portazul, S.A., a Dominican Republic corporation. The remaining 6% of the outstanding shares in Portazul, S.A. are held by the directors of Portazul, S.A.
 
3   DAP Holdings, LLC owns 100% of the outstanding Common Stock in DAP Brands Company, a Delaware corporation. RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in DAP Brands Company.
 
    DAP Holdings, LLC owns 1.60% of the outstanding Common Stock in RPM Holdco Corp., a Delaware Corporation. The remaining outstanding Common Stock in RPM Holdco Corp. is held as follows: Carboline Company 2.93%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.

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    DAP Holdings, LLC owns 23.81% of the outstanding Preferred Stock in RPM Holdco Corp., a Delaware Corporation. The remaining outstanding Preferred Stock is held as follows: Rust-Oleum International, LLC 51.54% and Zinsser Holdings, LLC 24.65%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
4   Rust-Oleum Corporation owns 95% of the outstanding shares of Rust-Oleum Argentina S.A. The remaining 5% of the outstanding shares of Rust-Oleum Argentina S.A. are held by Rust-Oleum International, LLC.
 
    Rust-Oleum Corporation owns 79% of the outstanding shares in Harry A. Crossland Investments, Ltd., a Nevada corporation. The remaining 21% of the outstanding shares in Harry A. Crossland Investments, Ltd. are held by RPM Canada Company.
 
    Harry A. Crossland Investments, Ltd. owns 100% of the outstanding shares in Crossland Distributors Ltd., a Canadian corporation.
 
    Rust-Oleum Corporation owns 100% of the outstanding Series E Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
5   Rust-Oleum International, LLC owns 5% of the outstanding shares of Rust-Oleum Argentina S.A. The remaining 95% of the outstanding shares of Rust-Oleum Argentina S.A. are held by Rust-Oleum Corporation.
 
    Rust-Oleum International, LLC owns 100% of the outstanding Common Stock in Rust-Oleum Brands Company, a Delaware corporation. RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in Rust-Oleum Brands Company.

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    Rust-Oleum International, LLC owns 15% of the outstanding Common Stock in RPM Holdco Corp., a Delaware Corporation. The remaining Common Stock in RPM Holdco Corp. is held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    Rust-Oleum International, LLC owns 51.54% of the outstanding Preferred Stock in RPM Holdco Corp., a Delaware Corporation. The remaining outstanding Preferred Stock is held as follows: DAP Holdings, LLC 23.81% and Zinsser Holdings, LLC 24.65%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
6   The Testor Corporation owns 100% of the outstanding Series F Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
7   Zinsser Co., Inc. owns 100% of the outstanding Series I Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.

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    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
8   Zinsser Holdings, LLC owns 100% of the outstanding Common Stock in Zinsser Brands Company, a Delaware corporation. RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in Zinsser Brands Company.
 
    Zinsser Holdings, LLC owns .27% of the outstanding Common Stock in RPM Holdco Corp., a Delaware corporation. The remaining outstanding Common Stock in RPM Holdco Corp. is held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87% and Tremco Incorporated 44.67%.
 
    Zinsser Holdings, LLC owns 24.65% of the outstanding Preferred Stock in RPM Holdco Corp., a Delaware corporation. The remaining outstanding Preferred Stock is held as follows: DAP Holdings, LLC 23.81% and Rust-Oleum International, LLC 51.54%
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
9   Mantrose-Haeuser Co., Inc. owns 83% of the outstanding shares in NatureSeal, Inc., a Delaware corporation. The remaining 17% of outstanding shares are held by a joint venture partner.
 
10   RPM FCP I, Inc. owns 50% of the outstanding shares in RPM FCP Belgium SPRL, a Belgian corporation. The remaining 50% of the outstanding shares are held by RPM FCP II, Inc.
 
11   RPM FCP II, Inc. owns 50% of the outstanding shares in RPM FCP Belgium SPRL, a Belgian corporation. The remaining 50% of the outstanding shares are held by RPM FCP I, Inc.
 
12   RPM, Inc. owns 88% of the outstanding shares in RPM/Lux Consult S.A., a Luxembourg corporation. The remaining 12% of the outstanding shares in RPM/Lux Consult S.A. are held by Tremco Incorporated.
 
    RPM/Lux Consult S.A. owns .20% of the outstanding shares in Monile France S.àr.l., a French corporation. The remaining 99.80% of the outstanding shares in Monile France S.àr.l. are held by RPM/Belgium N.V.
 
    RPM/Lux Consult S.A. owns .96% of the outstanding shares in RPM Europe S.A., a Belgian corporation. The remaining 99.04% of the outstanding shares in RPM Europe S.A. are held by RPM Europe Holdco B.V.
 
13   Day-Glo Color Corp. owns 7.33% of the outstanding shares in RPM Holdco Corp., a Delaware Corporation. The remaining outstanding shares of RPM Holdco Corp. are held as follows:

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    Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
    Day-Glo Color Corp. owns .32% of the outstanding shares in Radiant Color N.V., a Belgian corporation. The remaining 99.68% of the outstanding shares in Radiant Color N.V. are held by RPM Europe Holdco B.V.
 
    Radiant Color N.V. owns 99.99% of the outstanding shares in Martin Mathys N.V., a Belgian corporation. The remaining .01% of the outstanding shares in Martin Mathys N.V. are held by RPM/Belgium N.V.
 
    Radiant Color N.V. owns 85.71% of the outstanding shares in Carboline Italia S.p.A., an Italian corporation. Of the remaining outstanding shares in Carboline Italia S.p.A., 13.57% are held by RPOW France S.A.S. and .72% are held by RPM Europe Holdco B.V.
 
    Radiant Color N.V. owns 67.86% of the outstanding shares in Ecoloc N.V., a Belgian corporation. The remaining 32.14% of the outstanding shares in Ecoloc N.V. are held by Lock-Tile Belgium N.V.
 
    Radiant Color N.V. owns 99.96% of the outstanding shares in Lock-Tile Belgium N.V., a Belgian corporation. The remaining .04% of the outstanding shares in Lock-Tile Belgium N.V. are held by RPM/Belgium N.V.
 
14   Dryvit Systems, Inc. owns 8.40% of the outstanding shares in RPM Holdco Corp., a Delaware corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
    Dryvit Systems, Inc. owns 88% of the outstanding shares in Beijing Dryvit Chemical Building Materials Co., Ltd., a Peoples Republic of China company. The remaining outstanding shares of Beijing Dryvit Chemical Building Materials Co., Ltd. are held by a joint venture partner.
 
    Dryvit Systems, Inc. owns 27.03% in AWCI Insurance Company, Ltd., a Bermuda exempt company. The remaining outstanding shares in AWCI Insurance Company, Ltd. are held by other EIFS manufacturers.

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15   RPM Wood Finishes Group, Inc. owns 5.66% of the outstanding shares in RPM Holdco Corp., a Delaware corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
16   Carboline Company owns 2.93% of the outstanding shares in RPM Holdco Corp., a Delaware Corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
17   Carboline International Corporation owns 49% of the outstanding shares in Carboline Korea Ltd.; 49% in StonCor Middle East LLC; 33.33% in Japan Carboline Company Ltd.; and 40% in CDC Carboline (India) Ltd. All outstanding shares of these entities are held by joint venture partners.
 
    Carboline International Corporation owns 40% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining 60% of the outstanding shares in Carboline Norge AS, Star Maling og Lakkfabrikk AS owns 55% and RPM Funding Corporation owns 5%.
 
18   Star Maling og Lakkfabrikk AS owns 55% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining 45% of the outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and RPM Funding Corporation owns 5%.
 
19   Republic Powdered Metals, Inc. owns 100% of the outstanding Series A & D Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-

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    voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
20   StonCor Group, Inc. owns 12.87% of the outstanding shares in RPM Holdco Corp., a Delaware corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
    StonCor Group, Inc. owns 95% of the outstanding shares in StonCor South Cone S.A., an Argentine corporation. The remaining 5% of the outstanding shares in StonCor South Cone S.A. are held by Parklin Management Group, Inc.
 
    StonCor Group, Inc. owns 99% of the outstanding shares in Stonhard S.A., a Luxembourg corporation. The remaining 1% of the outstanding shares in Stonhard S.A. are held by Parklin Management Group, Inc.
 
    StonCor Group, Inc. owns 99.55% of the outstanding shares in Grupo StonCor, S.A. de C.V., a Mexican corporation. The remaining .45% of the outstanding shares in Grupo StonCor, S.A. de C.V. are held by Parklin Management Group, Inc.
 
    Grupo StonCor, S.A. de C.V. owns 100% of the outstanding shares in Plasite, S.A. de C.V. Mexico, a Mexican corporation and 100% of the outstanding shares in Grupo StonCor, S.A. de C.V., a Colombian corporation.
 
    Grupo StonCor, S.A. de C.V. owns .1% of the outstanding shares in Corgrate Fiberglass Systems, S.A. de C.V., a Mexican corporation The remaining 99.9% of the outstanding shares in Corgrate Fiberglass Systems, S.A. de C.V. are held by Fibergrate Composite Structures Incorporated.
 
    StonCor Group, Inc. owns 99.67% of the outstanding shares in Stonhard de Mexico, S.A. de C.V., a Mexican corporation. The remaining .33% of the outstanding shares are held by Parklin Management Group, Inc.
 
    Stonhard de Mexico, S.A. de C.V. owns 99.59% of the outstanding shares in Juárez Inmobiliaria, S.A., a Mexican corporation. Of the remaining .41% outstanding shares in Juárez Inmobiliaria, S.A., .33% are held by Grupo StonCor, S.A. de C.V. and .08% are held by StonCor Group,Inc.

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    StonCor Group, Inc. owns .01% of the outstanding shares in StonCor Services, Ltda., a Brazilian corporation. The remaining 99.99% of the outstanding shares in StonCor Services, Ltda. are held by StonCor Corrosion Specialists Group Ltda.
 
    StonCor Group, Inc. owns 50% of the outstanding shares in SK Polymers FZCO, a United Arab Emirate corporation. The remaining 50% of the outstanding shares in SK Polyers FZCO are held by a joint venture partner.
 
21   Fibergrate Composite Structures Incorporated owns 99.9% of the outstanding shares in Corgrate Fiberglass Systems S.A. de C.V., a Mexican corporation. The remaining .1% of the outstanding shares in Corgrate Fiberglass Systems S.A. de C.V. are held by Grupo StonCor, S.A. de C.V.
 
19   Parklin Management Group, Inc. owns .875% of the outstanding shares in StonCor (Deutschland) GmbH, a German corporation. Of the remaining 99.125% outstanding shares in StonCor (Deutshland) GmbH, 98.25% are held by RPM Canada, a General Partnership and .875% are held by RPM Canada Company.
 
    StonCor (Deutschland) GmbH owns 100% of the outstanding shares in Alteco Technik GmbH, a German corporation.
 
    Parklin Management Group, Inc. owns .45% of the outstanding shares in Grupo StonCor, S.A. de C.V., a Mexican corporation. The remaining 99.55% of the outstanding shares in Grupo StonCor, S.A. de C.V. are held by StonCor Group, Inc.
 
    Parklin Management Group, Inc. owns .33% of the outstanding shares in Stonhard de Mexico, S.A. de C.V., a Mexican corporation. The remaining 99.67% of the outstanding shares in Stonhard de Mexico, S.A. de C.V. are held by StonCor Group, Inc.
 
    Parklin Management Group, Inc. owns 1% of the outstanding shares in Stonhard S.A., a Luxembourg corporation. The remaining 99% of the outstanding shares in Stonhard S.A. are held by StonCor Group, Inc.
 
    Parklin Management Group, Inc. owns 5% of the outstanding shares in StonCor South Cone S.A., an Argentine corporation. The remaining 95% of the outstanding shares in StonCor South cone S.A. are held by StonCor Group, Inc.
 
20   StonCor Corrosion Specialists Group Ltda. owns 99.99% of the outstanding shares in StonCor Services, Ltda., a Brazilian corporation. The remaining .01% of the outstanding shares in StonCor Services, Ltda. are held by StonCor Group, Inc.
 
24   Tremco Incorporated owns 100% of the outstanding Series G Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by

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    Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
    Tremco Incorporated owns 44.67% of the outstanding shares in RPM Holdco Corp., a Delaware corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, The Euclid Chemical Company 1.27%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company.
 
    RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in DAP Brands Company, a Delaware corporation. DAP Holdings, LLC owns 100% of the outstanding Common Stock in DAP Brands Company.
 
    RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in Rust-Oleum Brands Company, a Delaware corporation. Rust-Oleum International, LLC owns 100% of the outstanding Common Stock in Rust-Oleum Brands Company.
 
    RPM Canada Company owns 100% of the outstanding Series A Preferred Stock and Series B Preferred Stock in Zinsser Brands Company, a Delaware corporation. Zinsser Holdings, LLC owns 100% of the outstanding Common Stock in Zinsser Brands Company.
 
    RPM Canada Company owns 100% of the outstanding shares in RPM Canada Investment Company, a Canadian unlimited liability company.
 
    RPM Canada Company is a 73.77% partner in RPM Canada, a General Partnership, an Ontario partnership. RPM Canada Investment Company is a 26.23% partner in RPM Canada, a General Partnership.
 
    RPM Canada Company owns 21% of the outstanding shares in Harry A. Crossland Investments, Ltd., a Nevada corporation. The remaining 79% of the outstanding shares in Harry A. Crossland Investments, Ltd. are held by The Flecto Company, Inc.

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    Harry A. Crossland Investments, Ltd. owns 100% of the outstanding shares in Crossland Distributors Ltd., a Canadian corporation.
 
    RPM Canada, a General Partnership owns 100% of the outstanding shares in Euclid Admixture Canada Inc., a Canadian corporation.
 
    RPM Canada, a General Partnership owns 100% of the outstanding shares in A/D Fire Protection Systems Inc., a Canadian corporation.
 
    A/D Fire Protection Systems Inc. owns 50% of the outstanding shares in the following Canadian corporations: Donalco Inc., Donalco Western Inc. and 2926253 Canada Ltd./Ltee. (dba Pro Firestop). The remaining 50% of the outstanding shares are held by non-RPM shareholders.
 
    RPM Canada, a General Partnership owns 99% of the outstanding partnership interest in RPM United Kingdom G.P., a non-registered United Kingdom partnership. The remaining 1% of the outstanding partnership interest in RPM United Kingdom G.P. is held by RPM Canada Investment Company.
 
    RPM United Kingdom G.P. owns 12% of the outstanding shares in RPM Europe Holdco B.V.. a Netherlands corporation. Of the remaining outstanding shares, RPM Canada Company owns 79% and RPM Canada, a General Partnership owns 9%.
 
    RPM United Kingdom G.P. is the sole member of RPM Europe Coöperatief U.A., a Dutch cooperative with excluded liability.
 
    RPM United Kingdom G.P. owns 100% of the outstanding shares in RPM Nova Scotia ULC, a Canadian Corporation.
 
    RPM Europe Coöperatief U.A. owns 100% of the outstanding shares in RPM Germany GmbH, a German corporation and RPM Lux Holdco S.àr.l., a Luxembourg corporation.
 
    RPM Lux Holdco S.àr.l. owns 100% of the outstanding shares in RPM Ireland IP Limited, an Irish corporation.
 
    RPM Germany GmbH owns 100% of the outstanding shares in Compact Technology GmbH and Tremco illbruck International GmbH, both German Corporations.
 
    Tremco illbruck International GmbH owns 100% of the outstanding shares in Tremco illbruck Export Limited, a United Kingdom corporation; Tremco illbruck Produktion GmbH, a German Corporation; Tremco illbruck GmbH, an Austrian corporation; Tremco illbruck s.r.o., a Czech Republic corporation; Tremco illbruck Sp. zo.o., a Polish corporation; and Tremco illbruck SAS, a French corporation.
 
    Tremco illbruck SAS owns 100% of the outstanding shares in Prosytec S.A.S., a French corporation.
 
    Prosytec S.A.S. owns 100% of the outstanding shares in Prosytec s.r.l., an Italian corporation.

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    Tremco illbruck Produktion GmbH is a general partner with a 99.80% ownership interest in Tremco illbruck GmbH & Co. KG, a German limited partnership. The remaining .20% is held by Tremco illbruck International GmbH, a limited partner.
 
    Tremco illbruck International GmbH owns 99.75% of the outstanding shares in illbruck Sealant Systems N.V., a Belgian corporation. The remaining .25% of the outstanding shares in illbruck Sealant Systems N.V. are held RPM Germany GmbH, a German corporation.
 
    illbruck Sealant Systems N.V. owns 100% of the outstanding shares in Colcon N.V., a Belgian corporation.
 
    Colcon N.V. owns 100% of the outstanding shares in Tremco illbruck NV, a Belgian corporation.
 
    Tremco illbruck NV owns 100% of the outstanding shares in Caseko Sealants B.V., a Netherlands corporation.
 
    RPM Canada, a General Partnership owns 100% of the outstanding shares in Tremco illbruck Production Limited, a United Kingdom corporation.
 
    Tremco illbruck Production Limited owns 100% of the outstanding shares in Tremco illbruck OY, a Finnish corporation and 100% of the outstanding shares in Tremco illbruck Limited, Tremco Roofing UK Limited and Tor Coatings Limited, all UK corporations.
 
    Tremco illbruck Production Limited owns 100% of the preference shares and 99.999% of the ordinary shares in Tretol Group Limited, a United Kingdom corporation. The remaining .001% of the outstanding ordinary shares are held by RPM Canada, a General Partnership.
 
    Tremco illbruck Production Limited owns 99.90% of the outstanding shares in Tretol Limited and 99% of the outstanding shares in Tretolbond Limited, both United Kingdom corporations. The remaining outstanding shares of both are held by Tretol Group Limited.
 
    Tremco illbruck OY owns 100% of the outstanding shares in Tremco illbruck ooo, a Russian corporation.
 
    Tretol Group Limited owns 100% of the outstanding shares in Tretol Limited and Tretobond Limited, both United Kingdom corporations.
 
    Tor Coatings Limited owns 100% of the outstanding shares in Ardenbrite Products Limited, Crossco (261) Limited, Crossco (754) Limited, Deancove Limited, Duratec Coatings Consultants Limited, Holdtite Adhesives Limited, Oakdyke Limited and Sandco 953 Limited, all UK corporations.
 
    RPM Canada Company owns 79% of the outstanding shares in RPM Europe Holdco B.V., a Netherlands corporation. Of the remaining 21% of the outstanding shares in RPM Europe Holdco B.V., 9% of the outstanding shares are held by RPM Canada, a General Partnership and 12% are held by RPM United Kingdom G.P.

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    RPM Europe Holdco B.V. owns .20% of the outstanding shares in illbruck Sealant Systems Production S.A., a Belgian corporation. The remaining 99.80% of the outstanding shares in illbruck Sealant Systems Production S.A. are held by Tremco illbruck Productie B.V.
 
    RPM Europe Holdco B.V. owns 99% of the outstanding shares in Vandex Holding AG, a Swiss corporation. The remaining 1% of the outstanding shares in Vandex Holding AG are divided equally among the five directors.
 
    Vandex Holding AG owns 100% of the outstanding shares in Vandex Isoliermittel-Gesellschaft mbH, a German corporation; and 100% of the outstanding shares in Vandex UK Limited, a United Kingdom corporation.
 
    Vandex Holding AG owns 99.88% of the outstanding shares in Vandex International AG and 95% of the outstanding shares in Vandex AG, both Swiss corporations. The remaining outstanding shares of each are divided equally among the five directors of each company.
 
    Vandex Holding AG owns 95% of the outstanding shares in CAI-Tec GmbH, a Swiss corporation. The remaining outstanding shares are held by Vandex AG.
 
    Vandex Holding AG owns 49% of the outstanding shares in Vandex (USA) LLC, a Pennsylvania corporation. The remaining outstanding shares in Vandex (USA) LLC are held by a joint venture partner.
 
    RPM Europe Holdco B.V. owns 100% of the outstanding shares in Tremco illbruck Productie B.V., Rust-Oleum Netherlands B.V., StonCor Benelux B.V., and Tremco illbruck B.V., all Netherlands corporations, and RPOW U.K. Limited, a United Kingdom corporation.
 
    Tremco illbruck Productie B.V. owns 9.214% of the outstanding shares in PDR GmbH and 8.32% of the outstanding shares in PDR Recycling GmbH & Co. KG, both German corporations. The remaining outstanding shares are held by joint venture partners.
 
    Tremco illbruck Productie B.V. owns 100% of the outstanding shares in Arkelveste B.V., a Netherlands corporation.
 
    Tremco illbruck Productie B.V. owns 99.80% of the outstanding shares in illbruck Sealant Systems Production S.A., a Belgian corporation. The remaining .20% of the outstanding shares in illbruck Sealant Systems Production S.A. are held by RPM Europe Holdco B.V.
 
    RPM Europe Holdco B.V. owns 96.04% of the outstanding shares in RPM/Belgium N.V., a Belgian corporation. The remaining 3.96% of the outstanding shares in RPM/Belgium N.V. are held by Tremco Incorporated.
 
    RPM Europe Holdco B.V. owns 99.68% of the outstanding shares in Radiant Color N.V., a Belgian corporation. The remaining .32% of the outstanding shares in Radiant Color N.V. are held by Day-Glo Color Corp.

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    Radiant Color N.V. owns 99.99% of the outstanding shares in Martin Mathys N.V., a Belgian corporation. The remaining .01% of the outstanding shares in Martin Mathys N.V. are held by RPM/Belgium N.V.
 
    Radiant Color N.V. owns 85.71% of the outstanding shares in Carboline Italia S.p.A., an Italian corporation. Of the remaining outstanding shares in Carboline Italia S.p.A., 13.57% are held by RPOW France S.A.S. and .72% are held by RPM Europe Holdco B.V.
 
    Radiant Color N.V. owns 67.86% of the outstanding shares in Ecoloc N.V., a Belgian corporation. The remaining 32.14% of the outstanding shares in Ecoloc N.V. are held by Lock-Tile Belgium N.V.
 
    Radiant Color N.V. owns 99.96% of the outstanding shares in Lock-Tile Belgium N.V., a Belgian corporation. The remaining .04% of the outstanding shares in Lock-Tile Belgium N.V. are held by RPM/Belgium N.V.
 
    RPM/Belgium N.V. owns 99.80% of the outstanding shares in Monile France S.àr.l., a French corporation. The remaining .20% of the outstanding shares in Monile France S.àr.l. are held by RPM/Lux Consult S.A.
 
    RPM/Belgium N.V. owns 100% of the outstanding shares in Alteco Chemical-Produtos Quimicos SA, a Portuguese corporation.
 
    RPM Europe Holdco B.V. owns 99% of the outstanding shares in Zinsser Europe N.V., a Belgian corporation. The remaining 1% of the outstanding shares in Zinsser Europe N.V. are held by RPM/Belgium N.V.
 
    RPM Europe Holdco B.V. owns 100% of the outstanding shares in RPOW France S.A.S., a French corporation.
 
    RPM Europe Holdco B.V. owns .72% of the outstanding shares in Carboline Italia S.p.A., an Italian corporation. Of the remaining outstanding shares in Carboline Italia S.p.A., 85.71% are held by Radiant Color N.V. and 13.57% are held by RPOW France S.A.S.
 
    RPM Europe Holdco B.V. owns 99.04% of the outstanding shares in RPM Europe S.A., a Belgian corporation. The remaining .96% of the outstanding shares in RPM Europe S.A. are held by RPM/Lux Consult S.A.
 
    RPOW France S.A.S. owns 13.57% of the outstanding shares in Carboline Italia S.p.A., an Italian corporation. Of the remaining outstanding shares in Carboline Italia S.p.A., 85.71% are held by Radiant Color N.V. and .72% are held by RPM Europe Holdco B.V.
 
    RPOW France S.A.S. owns 100% of the outstanding shares in Carboline France S.A.S., a French corporation.
 
    RPOW France S.A.S. owns 100% of the outstanding shares in Rust-Oleum France S.A.S., a French corporation and Rust-Oleum Mathys Italia S.r.l., an Italian corporation.

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    RPOW France S.A.S. owns 99.99% of the outstanding shares in Stonhard S.A.S., a French corporation. The remaining .01% of the outstanding shares are held by Rust-Oleum France S.A.S.
 
    Stonhard S.A.S. owns 100% of the outstanding shares in StonCor España SL, a Spanish corporation; 100% of the outstanding shares in StonCor Lux S.àr.l, a Luxembourg corporation; and 100% of the outstanding shares in StonCor Poland Sp. zo.o., a Polish corporation.
 
    RPOW UK Limited owns 100% of the outstanding shares in each of the following United Kingdom corporations: Advanced Construction Materials Limited, Anglo Building Products Limited, NMBFil UK Limited, Chemspec Europe Limited, Dane Color UK Limited, Dryvit UK Limited, Fibergrate Composite Structures Limited, Flowcrete Group Limited, illbruck Holdings Limited, Mantrose UK Limited, RPM Holdings UK Limited, Rust-Oleum UK Limited, Stonhard (U.K.) Limited, Timberex International Limited, Watco International Limited and Watco UK Limited.
 
    illbruck Holdings Limited owns 100% of the outstanding shares in Alfas Group Limited, a United Kingdom corporation.
 
    Flowcrete Group Limited owns 100% of the outstanding shares in Flowcrete Europe Limited, Isocrete Floor Screeds Limited and Flowcrete International Limited, all United Kingdom Corporations.
 
    Flowcrete Group Limited owns 60% of the outstanding shares in Flowcrete Middle East FZCO, a United Arab Emirates corporation. The remaining 40% of the outstanding shares are held by Flowcrete International Limited.
 
    Flowcrete International Limited owns 100% of the outstanding shares in Flowcrete (Hong Kong) Limited, a Hong Kong corporation; Flowcrete Asia Sdn. Bhd., a Malaysian corporation; Flowcrete Europe s.r.o., a Czech Republic corporation; Flowcrete New Zealand Limited, a New Zealand corporation; Flowcrete Australia Pty. Ltd., an Australian corporation, Flowcrete S.A. (Pty.) Limited, a South African corporation; and Flowcrete US Inc. and Flowcrete North America, Inc., both US corporations.
 
    Flowcrete Europe Limited owns 100% of the outstanding shares in Flowcrete UK Limited, a United Kingdom corporation; and Flowcrete Sweden AB, a Swedish corporation.
 
    Flowcrete Sweden AB owns 100% of the outstanding shares in Flowcrete Polska Sp. zo.o., a Polish corporation and Flowcrete Norway AS, a Norwegian corporation.
 
    Flowcrete Sweden AB owns 20% of the outstanding shares in Perstorp Industrial Surfaces Limited, a Chinese corporation. The remaining outstanding shares are held by a joint venture partner.
 
    Flowcrete S.A. (Pty.) Limited owns 100% of the outstanding shares in Ivory Industrials (Pty.) Limited, a South African corporation.

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    Mantrose UK Limited owns 100% of the outstanding shares in AgriCoat Industries Limited and Wm. Zinsser Limited, both United Kingdom corporations.
 
    Mantrose UK Limited owns 83% of the outstanding shares in AgriCoat NatureSeal Limited, a United Kingdom corporation. The remaining 17% of the outstanding shares are held by a joint venture partner.
 
    Watco UK Limited owns 100% of the outstanding shares in the following United Kingdom corporations: Industrial Flooring Services Limited, Watco Group Manufacturing Limited and Watco Limited, as well as 100% of the outstanding shares of Watco GmbH, a German corporation and Watco S.àr.l., a French corporation.
 
    RPM Holdings UK Limited owns 100% of the outstanding shares in Dore Holdings Limited, a United Kingdom corporation.
 
    Dore Holdings Limited owns 100% of the outstanding shares in each of Amtred Limited and Nullifire Limited, both United Kingdom corporations.
 
    RPM Canada, a General Partnership, owns 98.25% of the outstanding shares in StonCor (Deutschland) GmbH, a German corporation. The remaining 1.75% of the outstanding shares in StonCor (Deutschland) GmbH are split equally between RPM Canada Company and Parklin Management Group, Inc., each holding .875% of the remaining outstanding shares.
 
    RPM Canada, a General Partnership, owns 100% of Permaquik (UK) Limited, a United Kingdom corporation.
 
    RPM Canada, a General Partnership, owns 77% of the outstanding shares in Permaquik Western Ltd., a Canadian corporation. The remaining 23% of the outstanding shares in Permaquik Western Ltd. are held by a joint venture partner.
 
    Permaquik Western Ltd. owns 66% of the outstanding ownership interest in Permaquik (Shanghai) Waterproofing Materials Co. Ltd., a Peoples Republic of China corporation. The remaining 34% of the outstanding shares in Permaquik Western Ltd. are held by a joint venture partner.
 
    StonCor (Deutschland) GmbH owns 100% of the outstanding shares in Alteco Technik GmbH, a German corporation.
 
    Tremco Incorporated owns 3.96% of the outstanding shares in RPM/Belgium N.V., a Belgian corporation. The remaining 96.04% of the outstanding shares in RPM/Belgium N.V. are held by RPM Europe Holdco B.V.
 
    RPM/Belgium N.V. owns 100% of the outstanding shares in Alteco Chemical-Produtos Quimicos SA, a Portuguese corporation.

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    RPM/Belgium N.V. owns .01% of the outstanding shares in Martin Mathys N.V., a Belgian corporation. The remaining 99.99% of the outstanding shares in Martin Mathys N.V. are held by Radiant Color N.V.
 
    RPM/Belgium N.V. owns 1% of the outstanding shares in Zinsser Europe N.V., a Belgian corporation. The remaining 99% of the outstanding shares in Zinsser Europe N.V. are held by RPM Europe Holdco B.V.
 
    RPM/Belgium N.V. owns .04% of the outstanding shares in Lock-Tile Belgium N.V., a Belgian corporation. The remaining 99.96% of the outstanding shares in Lock-Tile Belgium N.V. are held by Radiant Color N.V.
 
    Lock-Tile Belgium N.V. owns 32.14% of the outstanding shares in Ecoloc N.V. The remaining 67.86% of the outstanding shares in Ecoloc N.V. are held by Radiant Color N.V.
 
    Tremco Incorporated owns .0025% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., Grandcourt N.V. owns 50.99%, The Euclid Chemical Company owns 49% and Euclid Chemical International Sales Corp, Redwood Transport, Inc. and Weatherproofing Technologies, Inc. each own .0025%.
 
    Tremco Incorporated owns 49% of the outstanding shares in Sime Tremco Sdn. Bhd., a Malaysian corporation. The remaining outstanding shares in Sime Tremco Sdn. Bhd. are held by a joint venture partner.
 
    Sime Tremco Sdn. Bhd. Owns 100% of the outstanding shares in Sime Tremco Specialty Chemicals Sdn. Bhd., a Malaysian corporation.
 
    Tremco Incorporated owns 99.999% of the outstanding shares in Tremco Far East Limited, a Hong Kong corporation. The remaining .001% of the outstanding shares in Tremco Far East Limited are held by a director of Tremco Far East Limited.
 
    Tremco Far East Limited owns 100% of the outstanding shares in Tremco (Malaysia) Sdn. Bhd., a Malaysian corporation and 100% of the outstanding shares in Shanghai Tremco International Trading Co., Ltd., a Chinese corporation.
 
    Tremco Incorporated owns 12% of the outstanding shares in RPM/Lux Consult S.A., a Luxembourg corporation. The remaining 88% of the outstanding shares in RPM/Lux Consult S.A. are held by RPM, Inc.
 
    RPM/Lux Consult S.A. owns .20% of the outstanding shares in Monile France S.àr.l., a French corporation. The remaining 99.80% of the outstanding shares in Monile France S.àr.l. are held by RPM/Belgium N.V.
 
    RPM/Lux Consult S.A. owns .96% of the outstanding shares in RPM Europe S.A., a Belgian corporation. The remaining 99.04% of the outstanding shares in RPM Europe S.A. are held by RPM Europe Holdco B.V.

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25   The Euclid Chemical Company owns 60% interest in Euco Densit LLC, an Ohio limited liability company. The remaining 40% interest in Euco Densit LLC is held by a joint venture partner.
 
    The Euclid Chemical Company owns 100% of the outstanding Series C Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
    The Euclid Chemical Company owns 1.27% of the outstanding shares in RPM Holdco Corp., a Delaware corporation. The remaining outstanding shares in RPM Holdco Corp. are held as follows: Carboline Company 2.93%, DAP Holdings, LLC 1.60%, Day-Glo Color Corp. 7.33%, Dryvit Systems, Inc. 8.40%, RPM Wood Finishes Group, Inc. 5.66%, Rust-Oleum International, LLC 15%, StonCor Group, Inc. 12.87%, Tremco Incorporated 44.67% and Zinsser Holdings, LLC .27%.
 
    RPM Holdco Corp. owns 100% of the outstanding shares in RPM Canada Company, a Canadian unlimited liability company. Subsidiaries of RPM Canada Company are listed under Tremco Incorporated footnote.
 
    The Euclid Chemical Company owns 99.997% of the outstanding shares in Eucomex S.A. de C.V., a Mexican corporation. The remaining .003% of the outstanding shares in Eucomex S.A. de C.V. are held by Redwood Transport, Inc.
 
    The Euclid Chemical Company owns 49% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., Grandcourt N.V. owns 50.99% and Euclid Chemical International Sales Corp., Redwood Transport, Inc., Tremco Incorporated and Weatherproofing Technologies, Inc. each own .0025%.
 
    The Euclid Chemical Company owns 99.98% of the outstanding shares in Productos Cave S.A., a Chilean corporation. The remaining .02% of the outstanding shares are held by Redwood Transport, Inc.

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26   Euclid Chemical International Sales Corp. owns .0025% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., Grandcourt N.V. owns 50.99%, The Euclid Chemical Company owns 49% and Redwood Transport, Inc., Tremco Incorporated and Weatherproofing Technologies, Inc. each own .0025%.
 
27   Grandcourt N.V. owns 50.99% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., The Euclid Chemical Company owns 49% and Euclid Chemical International Sales Corp., Redwood Transport, Inc., Tremco Incorporated and Weatherproofing Technologies, Inc. each own .0025%.
 
28   Redwood Transport, Inc. owns .003% of the outstanding shares in Eucomex S.A. de C.V., a Mexican corporation. The remaining 99.997% of the outstanding shares in Eucomex S.A. de C.V. are held by The Euclid Chemical Company.
 
    Redwood Transport, Inc. owns .0025% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., Grandcourt N.V. owns 50.99%, The Euclid Chemical Company owns 49% and Euclid Chemical International Sales Corp., Tremco Incorporated and Weatherproofing Technologies, Inc. each own .0025%.
 
29   Tremco Barrier Solutions, Inc. owns 100% of the outstanding Series J Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series H Preferred Stock (non-voting) by Weatherproofing Technologies, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
30   Weatherproofing Technologies, Inc. owns 100% of the outstanding Series H Preferred Stock (non-voting) in RPM Funding Corporation, a Delaware corporation. The remaining outstanding shares in RPM Funding Corporation are held as follows: 100% of the outstanding voting Common Stock by RPM International Inc.; 100% of the outstanding Series A Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series B Preferred Stock (non-voting) by DAP Products Inc.; 100% of the outstanding Series C Preferred Stock (non-voting) by The Euclid Chemical Company; 100% of the outstanding Series D Preferred Stock (non-voting) by Republic Powdered Metals, Inc.; 100% of the outstanding Series E

20


 

    Preferred Stock (non-voting) by Rust-Oleum Corporation; 100% of the outstanding Series F Preferred Stock (non-voting) by The Testor Corporation; 100% of the outstanding Series G Preferred Stock (non-voting) by Tremco Incorporated; 100% of the outstanding Series I Preferred Stock (non-voting) by Zinsser Co., Inc.; and 100% of the outstanding Series J Preferred Stock (non-voting) by Tremco Barrier Solutions, Inc.
 
    RPM Funding Corporation owns 5% of the outstanding shares in Carboline Norge AS, a Norwegian corporation. Of the remaining outstanding shares in Carboline Norge AS, Carboline International Corporation owns 40% and Star Maling og Lakkfabrikk AS owns 55%.
 
    Weatherproofing Technologies, Inc. owns .0025% of the outstanding shares in Toxement S.A., a Colombian corporation. Of the remaining outstanding shares in Toxement S.A., Grandcourt N.V. owns 50.99%, The Euclid Chemical Company owns 49% and Euclid Chemical International Sales Corp., Redwood Transport, Inc. and Tremco Incorporated each own .0025%.

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