Shareholder structure
ABN AMRO's shareholder structure is shown below.
All shares in ABN AMRO Bank N.V. (ABN AMRO) are held by two foundations: stichting administratiekantoor beheer financiële instellingen (NLFI) and Stichting Administratiekantoor Continuïteit ABN AMRO Bank (STAK AAB).

STAK AAB
STAK AAB is independent from ABN AMRO and holds shares in ABN AMRO's issued share capital. It has issued depositary receipts (certificates) representing these shares, which are traded on Euronext Amsterdam. Issuing depositary receipts is mainly a protective measure. Normally, holders of depositary receipts have almost the same rights as shareholders. They can attend general meetings, vote at these meetings and receive dividend if ABN AMRO distributes this. STAK AAB gives a power of attorney to depositary receipt holders to exercise voting rights on the underlying shares. STAK AAB does not vote on the shares itself, unless the holders ask STAK AAB to do so.
In certain hostile situations, as described in section 2:118a of the Dutch Civil Code, STAK AAB can refuse or revoke powers of attorney for up to two years. In such cases, STAK AAB will cast the vote and focus on the interests of ABN AMRO, its businesses and affiliated companies, customers, deposit holders, shareholders, depositary receipt holders, employees, and society.
STAK AAB also aims to promote information exchange between ABN AMRO and the holders of depositary receipts and shareholders. For example, it schedules a meeting of depositary receipt holders before every general meeting. STAK AAB reports on its activities at least once a year. The latest report is for the year 2023.