Annual Report 2024

Annual Report 2024

Introduction

In compliance with article 2:135b of the Dutch Civil Code, the European Shareholder Rights Directive and the DCGC, this 2024 Remuneration Report contains information on how we implemented our 2021 Remuneration Policy for the Board of Directors in financial year 2024.

Remuneration in 2025

This 2024 Remuneration Report also provides early insight on remuneration that will be set in financial year 2025, for example with respect to benchmarking and peer group selection and prospectively regarding STI and LTI targets. This 2024 Remuneration Report also includes information on the Proposed 2025 Remuneration Policy, which will be submitted to the 2025 General Meeting for a binding vote and which will be available shortly after publication of this Annual Report. Please refer to Section 3.4.10 “Looking Forward” for more information.

Statement of voting at general meetings

The table below sets out the votes on the remuneration reports and compensation statement of the past years as well as the votes on the 2021 Remuneration Policy during the annual General Meeting held in 2021. This 2024 Remuneration Report as well as the proposed 2025 Remuneration Policy, which will be available shortly after this Annual Report, will be put to an advisory and binding vote, respectively, at the 2025 General Meeting to be held on May 27, 2025.

Statement of voting at general meetings

Resolution

 

Percentage of votes cast for the resolution

Resolution to approve the remuneration report (2024 AGM)

 

58.6%

Resolution to approve the remuneration report (2023 AGM)

 

44.1%

Resolution to approve the remuneration report (2022 AGM)

 

51.9%

Resolution to approve the remuneration report (2021 AGM)

 

76.6%

Resolution to amend the remuneration report (2021 AGM)

 

76.6%