PostNL N.V. to propose Ernst & Young Accountants LLP as new auditor to AGM

The Hague - The Supervisory Board of PostNL will propose to appoint Ernst & Young Accountants LLP as the auditor for PostNL N.V. and to engage the firm for an initial three year term that covers the years 2016, 2017 and 2018. The appointment will be subject to the approval of the shareholders at the 2015 AGM.

Following the new Dutch legislation for audit firm rotation PostNL N.V. is called to appoint a new auditor for the audit of its financial statements from 2016 onwards. In order to ensure an orderly transfer, it was agreed to conduct the audit tender process in the first half of 2014. The Supervisory Board selected Ernst & Young Accountants LLP as the preferred candidate. 

The contract with the current auditor PwC runs until 2015 and will be served out as planned.