The Supervisory Board has nominated Mr. Marcel Smits and Mr. Sjoerd van Keulen and recommends that all shareholders vote in favour of their appointment at the Annual General Meeting on 11 April 2012.
Mr. Marcel Smits is the CEO of Sara Lee Corporation. Mr. Smits brings extensive international business experience and has a strong track record of enhancing shareholder value during his careers at Vendex KBB, KPN, and, most recently, Sara Lee.
Mr. Sjoerd van Keulen is the Chairman of Holland Financial Centre. Mr. van Keulen has a long career in international banking and finance, from 2002 to 2009 as chairman of the executive board of SNS REAAL Bank.
We are confident that shareholders will support the appointment of these new Supervisory Board members.
TNT Express has received a proposal from one shareholder requesting the nomination of one or more other individuals to the Supervisory Board. After careful consideration, the Supervisory Board has rejected the nomination of these candidates as they do not meet the requirements of independence as laid down in the company’s legal and governance rules relating to the composition of the Supervisory Board.
TNT Express remains committed to open and transparent engagement with all stakeholders, including all shareholders, and welcomes constructive dialogue with them.
The agenda for the Annual General Meeting will be published on 28 February 2012.
