IR-Center Handelsblatt

Royal KPN N.V.

News Detail

Press release News vom 31.01.2018

KPN to reappoint CFO and proposes reappointment of Chairman and member of Supervisory Board

The Supervisory Board of Royal KPN N.V. announces its intention to reappoint Jan Kees de Jager to KPN's Board of Management as the company's Chief Financial Officer (CFO), for a second four-year term. The Supervisory Board will inform shareholders of the intended reappointment during the Annual General Meeting of Shareholders ('AGM'), which will take place on 18 April 2018, following which the final reappointment decision will be taken. KPN's Central Works Council has been requested to render advice regarding the intended appointment.

Mr de Jager (48) joined KPN in 2014 as CFO. In this role, he has been instrumental in the successful execution of KPN's strategy, with a clear focus on Simplification and digitalization, and the further strengthening of KPN's financial profile. He also played a crucial role in establishing KPN's venture fund.

Duco Sickinghe, Chairman of the Supervisory Board:
"Jan Kees is a proven leader with an impeccable track record for managing the financial direction of our company. We are pleased to have him proceed with his responsibilities as CFO and continue to create value for our shareholders and other stakeholders."

In addition, at the AGM the Supervisory Board of KPN will nominate Duco Sickinghe and Claudia Zuiderwijk for reappointment, respectively as Chairman and member of the Supervisory Board. The nomination of Mrs. Zuiderwijk is based on the enhanced right of recommendation of the Central Works Council. The complete position of the Central Works Council in relation to these nominations will be made available on the company's website upon publication of the AGM agenda.