AUTHORIZATION OF THE BOARD OF MANAGEMENT TO REPURCHASE
SHARES IN THE COMPANY
Proposal to authorize the Board of Management for a period starting on 22 May 2019 and
ending on 22 July 2020 as the body which is authorized, with the approval of the Board of
Supervisory Directors, to repurchase not more than 10% of the issued capital through the stock
exchange or otherwise. (voting item)
The Chairman introduced the proposal to authorize the Board of Management for a period ending 22
July 2020 to repurchase, subject to the approval of the Board of Supervisory Directors, not more than
10% of the issued capital of the company. The Chairman highlighted that the General Meeting of Shareholders has designated the Board of Management at the General Meeting of Shareholders held on 23
May 2018 for a period ending on 23 July 2019 as the company body authorized to, subject to the approval of the Board of Supervisory Directors, repurchase shares. The Chairman opened the opportunity
for shareholders to ask any questions or make any comments on this matter.
The Chairman proposed to approve and authorize the Board of Management for a period from 22 May
2019 to 22 July 2020 to repurchase, subject to the approval of the Board of Supervisory Directors, not
more than 10% of the issued capital, through the stock exchange or otherwise, for a price not less than
the nominal value and not exceeding 100% of the average final closing rates for shares as listed in the
Official Price Gazette of Euronext Amsterdam N.V. during five consecutive trading days prior to the
date of repurchase and following the vote, the Chairman concluded that the proposal has been adopted