Annual report 2019

report of the supervisory board ANNUAL REPORT 2019 – BOSKALIS 32 careful selection process, found Mr. Van Noort willing to fll this vacancy so arisen. Mr. Van Noort was selected due to his excellent track record within Boskalis with a broad background and in-depth knowledge of the organization and the business. The Selection and Appointment Committee proposed to the Supervisory Board to make a binding nomination to the Annual General Meeting of Shareholders to appoint Mr. Van Noort as member of the Board of Management and Chief Financial Offcer of the company for a period commencing on 8 May 2019 until and including the Annual General Meeting of Shareholders in 2023, which recommendation was adopted by the Supervisory Board. The Supervisory Board made a binding nomination to the Annual General Meeting of Shareholders to appoint Mr. Van Noort. On 8 May 2019 the Annual General Meeting of Shareholders appointed Mr. Van Noort as member of the Board of Management. On 8 May 2019 the term of appointment of Mr. Baartmans as member of the Board of Management ended. The Selection and Appointment Committee proposed to the Supervisory Board to make a binding nomination to the Annual General Meeting of Shareholders to reappoint Mr. Baartmans as member of the Board of Management. Mr. Baartmans informed the Selection and Appointment Committee to be available for reappointment. The Supervisory Board adopted the recommendation by the Selection and Appointment Committee due to the fact that Mr. Baartmans has delivered as member of the Board of Management a signifcant contribution to the company and has fulflled his position in an excellent manner. As announced on 9 November 2018, the Supervisory Board made a binding nomination to the Annual General Meeting of Shareholders to reappoint Mr. Baartmans as member of the Board of Management for a period commencing on 8 May 2019 until and including the Annual Meeting of Shareholders in 2023. The Annual General Meeting of Shareholders reappointed Mr. Baartmans as member of the Board of Management on 8 May 2019. On 13 December 2019 the term of appointment of Mr. Berdowski as member of the Board of Management and Chief Executive Offcer ended. The Selection and Appointment Committee proposed to the Supervisory Board to make a binding nomination to the Annual General Meeting of Shareholders to reappoint Mr. Berdowski as member of the Board of Management and Chief Executive Offcer. Mr. Berdowski informed the Selection and Appointment Committee to be available for reappointment. The Supervisory Board adopted the recommendation by the Selection and Appointment Committee due to the continuity of management of the company and the fact that Mr. Berdowski has delivered as member of the Board of Management and Chief Executive Offcer a signifcant contribution to the company and has fulflled his position in an excellent manner. As announced on 9 November 2018, the Supervisory Board therefore made a binding nomination to the Annual General Meeting of Shareholders to reappoint Mr. Berdowski as member of the Board of Management for a period commencing on 8 May 2019 until and including the Annual General Meeting of Shareholders in 2023. The Annual General Meeting of Shareholders reappointed Mr. Berdowski as member of the Board of Management and Chief Executive Offcer on 8 May 2019.

Furthermore, the Selection and Appointment Committee also paid attention to the succession of the Supervisory Board in accordance with the succession plan. On 8 May 2019 the third term of appointment of Mr. Van Woudenberg as member of the Supervisory Board ended. The Selection and Appointment Committee, after a careful selection process, found Ms. Tammenoms Bakker willing to fll this vacancy. Ms. Tammenoms Bakker fulflled in the past the function of advisor of the Dutch Council for the Environment and Infrastructure and the position of Director-General of the Dutch Ministry of Infrastructure and Water Management. Furthermore, she has been working for Quest International Limited, McKinsey & Co and several parts of Royal Dutch Shell plc. Ms. Tammenoms Bakker was selected in accordance with the Profle of the Supervisory Board given her broad management experience at international (stock listed) companies and her knowledge and experience in the feld of transport and infrastructure. The Supervisory Board adopted this recommendation of the Selection and Appointment Committee and made a binding nomination to the Annual General Meeting of Shareholders to appoint Ms. Tammenoms Bakker as member of the Supervisory Board for the period commencing on 8 May 2019 until and including the Annual General Meeting of Shareholders in 2023. The Annual General Meeting of Shareholders appointed Ms. Tammenoms Bakker as member of the Supervisory Board on 8 May 2019. Board matched the Profle of the Supervisory Board and the strategy of the Company. In that context, the Selection and Appointment Committee recommended to the Supervisory Board to further the expertise in relation to the contracting and execution of large infrastructural projects. In light hereof the Supervisory Board decided to increase the composition of the Supervisory Board temporarily from six to seven members. The Selection and Appointment Committee, after a careful selection process, found Mr. Sperling willing to fulfll this vacancy. Mr. Sperling fulflled in the past the position as chairman of the board of management of TBI Holdings B.V. Before this, he held different management positions at different parts of Hollandse Beton Groep and other construction companies. Mr. Sperling started his career at the Ministry of Housing, Spatial Planning and the Environment. Mr. Sperling was selected in accordance with the Profle of the Supervisory Board given his extensive management experience and his knowledge and experience in the area of contracting and the execution of large infrastructural projects. The Supervisory Board adopted this recommendation of the Selection and Appointment Committee and made a binding nomination to the Annual General Meeting of Shareholders to appoint Mr. Sperling as member of the Supervisory Board for the period commencing on 8 May 2019 until and including the Annual General Meeting of Shareholders in 2023. The Annual General Meeting of Shareholders appointed Mr. Sperling as member of the Supervisory Board on 8 May 2019. On 8 May 2019 the term of appointment of Mr. Van der Veer as member of the Supervisory Board ended. The Selection and Appointment Committee proposed to the Supervisory Board in The Selection and Appointment Committee also reviewed in the fnancial year whether the composition and size of the Supervisory