Board

STAK AAG is fully autonomous within the limits of its objects, while its board is independent of ABN AMRO Group N.V. The first board of STAK AAG was appointed when the foundation was established. Since then, the board has been able to appoint its own members, without any requirement for approval by or cooperation with ABN AMRO Group N.V. In the event of a vacancy, any depositary receipt holder can make nominations for appointment. In principle, board members of STAK AAG are appointed for four years and are eligible for reappointment for up to two additional periods. The board has drawn up a retirement schedule for its members. Details of procedures, including the board’s composition, appointments, independence and procedures for meetings, are set out in STAK AAG’s Articles.

The board of STAK AAG is now made up of four members, these being Peter Ingelse (chair), Inge Brakman (vice-chair), Cilian Jansen Verplanke (executive secretary) and Marc van Gelder (finances). Upon the incorporation of STAK AAG in 2015, the members Ingelse and Brakman were asked by the Ministry of Finance, NLFI and ABN AMRO to become board members for a period of four years. The members Jansen Verplanke and Van Gelder were appointed in 2018 by the present board members, equally for a period of four years. The board as it is currently composed has the required expertise, while the members’ collective experience covers all legal, financial and public sector areas.

Support

The board is assisted by a regular and independent team of advisers in administrative and secretarial matters, legal advice, financial-legal advice, communication advice, and by a Listing Agent. Mazars Paardekooper Hoffman Accountants N.V. have been appointed as STAK AAG’s external accountancy firm.