Resolutions Annual General Meeting of Shareholders

The Hague – Today, PostNL N.V.’s Annual General Meeting of Shareholders (AGM) adopted the 2011 financial statements and determined the dividend over 2011 at € 0.407 per ordinary share, of which € 0.214 per ordinary share has been paid as an interim dividend. The final dividend of € 0.193 will be fully payable in ordinary shares.

At the start of the Meeting Piet Klaver, Chairman of the Supervisory Board, stated that Herna Verhagen was appointed as CEO of PostNL following a positive advice by the Central Workers Council.
 
Furthermore, the Board of Management has announced to refrain from the variable remuneration over the year 2012. The reason for this decision is the ongoing reorganisation, the problems with the mail delivery and the impact of this on both employees and customers.
 
It is the intention of the Supervisory Board to review the current remuneration policy of PostNL.
 
Furthermore the AGM adopted the following resolutions:
 
  • To release from liability the members of the Board of Management in so far as apparent from the 2011 financial statements.
  • To release from liability the members of the Supervisory Board in so far as apparent from the 2011 financial statements.
  • Mr. P.C. Klaver was reappointed as a member of the Supervisory Board for a term of four years as of 24 April 2012.
  • Mr. F. Rövekamp was appointed as a member of the Supervisory Board for a term of four years as of 24 April 2012.
  • To extend the designation of the Board of Management as authorised body to issue ordinary shares until 24 October 2013. This authority shall be limited to a maximum of 10% of the issued capital at the time of issue plus a further issue up to 10% of the issued capital at the time of issue in case an issue takes place in relation to a merger or an acquisition.
  • To extend the designation of the Board of Management as authorised body to limit or exclude the pre-emptive right to issue ordinary shares until 24 October 2013. The authority of the Board of Management shall be limited to a maximum of 10% of the issued capital at the time of issue plus a further issue up to 10% of the issued capital at the time of issue in case an issue takes place in relation to a merger or an acquisition.
  • To authorise the Board of Management to have the company acquire its own shares to a maximum of 10% of the issued share capital until 24 October 2013.
Mr Abrahamsen resigned as per the close of the AGM as he has reached his maximum term of office and was therefore not eligible for reappointment. Piet Klaver, Chairman of the Supervisory Board, says: “I want to thank Rob Abrahamsen for his dedication to the company over the past twelve years. His wealth of experience and valued insights have been an important contribution to the company over this period.”
 
Relevant documents to today’s AGM, such as the presentation, resolutions and voting results, will be made available on PostNL’s corporate website in the coming days.