PostNL publishes agenda for 2023 Annual General Meeting of Shareholders
The Hague, the Netherlands – The Annual General Meeting of Shareholders of PostNL NV will be held on 18 April 2023, in hybrid format. Agenda items include a number of proposed appointments, discussion of the annual report, approval of the financial statements, and the proposed dividend of €0.16 for the 2022 financial year.
As announced previously, the Supervisory Board is nominating Martin Plavec as a member of the Supervisory Board for a period of four years. In addition, the agenda proposes to reappoint Marike van Lier Lels as a member of the Supervisory Board, to discuss the reappointment of Herna Verhagen as CEO and a member of the Board of Management, and to adopt the 2022 dividend proposal.
The agenda and other relevant information can be found on our website: postnl.nl/en/about-postnl/investors/shares/shareholders-meeting/.
If the above dividend proposal is adopted, the shares will trade ex-dividend from 20 April 2023. The record date will be 21 April 2023. Shareholders will be given the opportunity to make their choice between cash and shares from 24 April 2023 up to and including 9 May 2023, 3.00 pm CET. If no choice is made during this election period, the dividend will be paid in cash. The shares to be issued as stock dividend are paid out of additional paid-in capital as part of the distributable reserves, free of withholding tax in the Netherlands. The number of share dividend rights to one new common share will be determined based on the volume-weighted average price (“VWAP”) of all traded PostNL ordinary shares at Euronext Amsterdam on 5, 8 and 9 May 2023. The value of the stock dividend, based on this VWAP, will be targeted at but not be lower than the cash dividend, subject to rounding. There will be no trading in stock dividend rights. The dividend will be payable from 11 May 2023.
We are PostNL, the mail and logistics solutions provider for all. With our mail and parcel deliverers who get everywhere, our over 4,800 PostNL locations and 11,000 postboxes, we are always nearby. We aim to be our customers’ favourite deliverer by making it as easy as possible for them to send and receive parcels and letters. Our over 37,000 people are right at the heart of society. On weekdays, we deliver an average 1.2 million parcels and 8 million letters across the Benelux region. Our focus is on quality for our customers, creating opportunities for our people and adding value for our stakeholders through growth, digitalisation and sustainability initiatives.
We optimise and support our physical networks by using smart digital solutions and launching new propositions that create value for our customers. We build long-lasting working relationships by acting as a good employer and client for everyone who works for and with us. To make our deliveries as sustainable as possible, we cover a lot of kilometres on foot or by bicycle or e-bike, provide innovative city logistics, use cleaner fuels, and use electric vans and light electric trucks. PostNL NV is a listed company with revenues of €3.5 billion in 2021. We provide deliveries of mail and parcels, logistics solutions for e-commerce, and cross-border solutions.