PostNL publishes agenda for 2024 Annual General Meeting of Shareholders

5 March 2024 - The Hague, The Netherlands

The Annual General Meeting of Shareholders of PostNL NV will be held on 16 April 2024, in hybrid format. Agenda items include a number of proposed reappointments, discussion of the annual report, approval of the financial statements, adoption of the remuneration policies of the board of management and supervisory board, and the proposed dividend of €0.09 for the 2023 financial year.

The agenda proposes to reappoint KPMG as auditor of PostNL for the years 2025 and 2026. In addition, the agenda proposes to reappoint Ad Melkert and Jeroen Hoencamp as members of the Supervisory Board, to adopt the remuneration policy for the board of management and the supervisory board, and to adopt the 2023 dividend proposal.

Agenda

The agenda and other relevant information can be found on our website: https://www.postnl.nl/en/about-postnl/investors/shares/shareholders-meeting/.

Dividend

If the above dividend proposal is adopted, the shares will trade ex-dividend from 18 April 2024. The record date will be 19 April 2024. Shareholders will be given the opportunity to make their choice between cash and shares from 22 April 2024 up to and including 7 May 2024, 5.45 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 giving entitlement 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 3, 6 and 7 May 2024. 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 10 May 2024.