In a well-ventilated space, cover a flat surface with a drop cloth or tarp.
Before starting, read the Krylon® labels for safety, application, and dry time instructions.
Separately from where you will be spraying your project, sand your pegboard until the surface is clean, dull and dry.
Using Fusion All-In-One® in Matte Ink Blue, spray paint your pegboard entirely. Use 2 coats for the pictured look.
Allow to fully dry.
Wood and spray paint are a great combo. Go big and revive a piece of furniture. Go small and revamp a decorative box.