The Annual General Meeting (AGM) of NN Group N.V. has adopted all proposals on the agenda, including the adoption of the annual accounts for the 2017 financial year, the reappointment of Heijo Hauser and Hans Schoen as members of the Supervisory Board of NN Group, and the appointment of David Cole as member of the Supervisory Board of NN Group. The reappointment of Delfin Rueda as member of the Executive Board, Chief Financial Officer (CFO) and vice-chair of the Executive Board of NN Group for a term of four years was notified to the General Meeting and is effective as of today.
The AGM also adopted the final dividend for 2017 of EUR 1.04 per ordinary share. Together with the interim dividend of EUR 0.62 per ordinary share paid on 11 September 2017, the total dividend for 2017 amounts to EUR 1.66 per ordinary share. The final dividend for 2017 will be paid either fully in cash, after deduction of withholding tax if applicable, or fully in ordinary shares at the election of the shareholder. NN Group will neutralise the dilutive effect of the stock dividend on earnings per ordinary share through the repurchase of ordinary shares. The NN Group ordinary shares will be quoted ex-dividend on 4 June 2018. The record date for the dividend will be 5 June 2018. The election period will run from 4 June 2018 up to and including 18 June 2018. If no choice is made during the election period the dividend will be paid in cash. The stock fraction for the stock dividend will be based on the volume weighted average price of NN Group ordinary shares on Euronext Amsterdam for the five trading days from 12 June 2018 up to and including 18 June 2018. The dividend will become payable on 25 June 2018. For further information: nn-group.com