An adjustment of the ‘Remuneration of the Board of
Finally, we would like to express our appreciation to
Management’ as adopted by the General Meeting
the Board of Management and employees for their
of Shareholders in 2009 will be put to the General
involvement and efforts in the past year. Thanks
Meeting of Shareholders for adoption. The proposal
to their hard work and loyalty, Nedap was able to
is consistent with Nedap’s unique character and
produce a splendid set of results. We would also
takes account of developments at other companies
like to thank the shareholders for their trust in
and in wider society. In addition, we submit to you
Nedap.
a proposal for updating the remuneration of the members of the Supervisory Board. We do this
Groenlo, 11 February 2013
in view of the above-mentioned developments as well as the general increase in the duties and
The Supervisory Board:
responsibilities of the Supervisory Board. G.F. Kolff, We refer in this connection to the proposals
J.P Bahlmann, vice-chairman,
as set out in the notes to the agenda for the
D.W.J. Theyse,
aforementioned General Meeting of Shareholders.
M.C. Westermann
Our proposals were drawn up with the assistance of an independent remuneration adviser. The Supervisory Board analysed various scenarios before drawing up the proposed adjustment to the remuneration policy. The total remuneration was determined taking into account such factors as the development of revenues and profits, the advancement of Nedap’s interests in the medium and long term, as well as the need to ensure a balanced remuneration structure within Nedap. The remuneration of the Supervisory Directors is set out in the financial statements under “Supervisory Board’s remuneration”.
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