Boskalis Annual Report 2020

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SELECTION AND APPOINTMENT COMMITTEE Members of the Selection and Appointment Committee At the beginning of 2020, the Selection and Appointment Committee consisted of three members, with Mr. Van der Veer acting as Chairman and Mr. Van Wiechen and Ms. Haaijer as members. On 30 June 2020, Ms. Haaijer stepped down as member of the Selection and Appointment Committee. As per the same date, Mr. Sperling joined the Selection and Appointment Committee as member. Duties and responsibilities of the Selection and Appointment Committee It is the role of the Selection and Appointment Committee to advise the Supervisory Board on: ‚ drawing up selection criteria and nomination procedures with respect to members of the Supervisory Board and members of the Board of Management of the company; ‚ the periodic assessment of the size and composition of the Supervisory Board and the Board of Management and submission for a profile of the Supervisory Board; ‚ the periodic assessment of the performance of individual members of the Supervisory Board and Board of Management and reporting thereon to the Supervisory Board; ‚ drawing up a plan for the succession with respect to members of the Supervisory Board and the members of the Board of Management; ‚ proposing appointments and re-appointments; ‚ supervising the policy of the Board of Management with respect to selection criteria and appointment procedures for the senior management of the company.

Remuneration policy for the Supervisory Board In the remuneration report 2019, the Supervisory Board announced its intention to adjust the remuneration policy for the Supervisory Board in order to bring the remuneration level more in line with market practice. In view of developments surrounding COVID-19, the Supervisory Board however decided not to schedule this proposal to the Annual General Meeting of Shareholders. With the uncertain market conditions, the Supervisory Board considered such an adjustment of the remuneration of the Supervisory Board not to be appropriate. The remuneration policy has therefore only been adjusted to a limited extent, in particular to implement the changes necessary to bring the policy in line with the requirements of the Act on the Implementation of the Revised EU Shareholders’ Rights Directive. These changes were tabled for a vote at the Annual General Meeting of Shareholders on 30 June 2020 and the revised remuneration policy for the Supervisory Board was adopted by the Annual General Meeting of Shareholders. Based on the prevailing circumstances, the Supervisory Board will decide at a later date whether an adjustment of the remuneration package of the Supervisory Board in line with the market is appropriate. In 2020, the remuneration of the Supervisory Board was applied in accordance with the remuneration policy as adopted by the Annual General Meeting of Shareholders on 30 June 2020, without any deviations. The full text of the remuneration policies for the Board of Management and the Supervisory Board is available on the Boskalis website (www.boskalis.com).

Reports and findings of the meetings of the Remuneration Committee were presented to and discussed with the entire Supervisory Board.

report of the supervisory board ANNUAL REPORT 2020 – BOSKALIS

Replenishment work by the hopper dredger Willem van Oranje in the port of Rotterdam, the Netherlands