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.
Agenda
The agenda and other relevant information can be found on our website: postnl.nl/en/about-postnl/investors/shares/shareholders-meeting/.
Dividend
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.
About PostNL
We are PostNL, here for everyone, bringing it all together for 225 years. With an extensive network of nearly 5,700 PostNL points, 10,000 letterboxes, and around 1,100 automated parcel lockers, also open to various carriers, along with millions of users of the PostNL app, we're always close by. We aim to be everyone's favourite deliverer by making it as easy as possible to send and receive parcels and mail. With over 32,000 colleagues working with us, we are part of society. On an average weekday, we deliver 1.2 million parcels and 6.3 million letters.
We optimise and support our physical networks through the use of smart digital solutions and introduce new propositions that add value for our customers. And aim for sustainable employment relationships by being a good employer to all people working with and for us. We focus on sustainability, making many journeys on foot and by bicycle, increasingly using cleaner fuels and electric vehicles, and offering innovative city logistics. PostNL N.V. is a publicly traded company with a turnover of €3.3 billion in 2024.