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.