Boskalis Annual Report 2020
STICHTING CONTINUÏTEIT KBW
REPORT By decision of the General Meeting of Shareholders held on 9 May 2001 the foundation Stichting Continuïteit KBW was granted the right to acquire cumulative protective preference shares in Royal Boskalis Westminster N.V. for a nominal amount equal to the nominal amount of ordinary shares outstanding at the time of issue of the shares concerned, minus the nominal value of one ordinary share. The option of issuing such cumulative protective preference shares was not exercised during the period under review. To our great regret, Mr. C.J.A. van Lede, chairman of the Board of the Stichting Continuïteit KBW, passed away unexpectedly on 22 December 2020. The Board has found Mr. J.H.M. Hommen willing to succeed Mr. Van Lede as member and chairman of the Board of the Stichting Continuïteit KBW as per 17 February 2021. Otherwise no changes have taken place in the year under review in the composition of the Board.
The Board of Stichting Continuïteit KBW consists currently of the following three members:
J.H.M. Hommen, chairman J.S.T. Tiemstra P.N. Wakkie
The articles of association of the Stichting Continuïteit KBW are to be found at www.boskalis.com/ corporategovernance.
DECLARATION OF INDEPENDENCE The Board of Stichting Continuïteit KBW and the Board of Management of Royal Boskalis Westminster N.V. hereby declare that, in their opinion, Stichting Continuïteit KBW is an independent legal entity, separate from Royal Boskalis Westminster N.V., as defined in Section 5:71, first paragraph, under c, of the Dutch Financial Supervision Act.
Papendrecht / Sliedrecht, 3 March 2021 Royal Boskalis Westminster N.V. Board of Management
Oisterwijk, 3 March 2021 Stichting Continuïteit KBW The Board
ANNUAL REPORT 2020 – BOSKALIS
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