ABN AMRO announces decisions of Annual General Meeting

Press release -

ABN AMRO Head Office

ABN AMRO Group N.V. (ABN AMRO) held its Annual General Meeting (the General Meeting) today.

At the General Meeting 92% of the total issued capital and an equal amount of voting rights was represented.

The General Meeting adopted the annual financial statements for 2015. It also discharged each member of the Managing Board and the Supervisory Board in office during the financial year for the performance of his or her duties during 2015.

The General Meeting also approved the proposed final dividend for 2015 of EUR 414 million, or EUR 0.44 per share in cash. Together with the interim cash dividend of EUR 350 million, which was paid in August 2015, this brings the total dividend over the financial year 2015 to EUR 764 million, or EUR 0.81 per share, and the payout ratio to 40%. The ex-dividend date is 20 May and payment will take place on 14 June.

The General Meeting decided to authorise the Managing Board for a period of 18 months to issue, or grant rights to acquire, ordinary shares up to a maximum of 10% of the issued share capital of ABN AMRO Group. The meeting also agreed to authorise the Managing Board to restrict or exclude pre-emptive rights in connection with the issuance of such shares.

Additionally, the General Meeting decided to authorise the Managing Board for a period of 18 months to acquire ordinary shares or depositary receipts representing shares in ABN AMRO’s capital subject to the approval of the Supervisory Board and up to a maximum of 5% of the issued share capital that is not held by NLFI as per today.

Arjen Dorland, Frederieke Leeflang and Tjalling Tiemstra were appointed to the Supervisory Board. The term of office of Mr van Slingelandt and Mr De Haan expired at the closing of this General Meeting. ABN AMRO’s Supervisory Board now consists of Olga Zoutendijk (chairman), Steven ten Have (vice-chairman), Arjen Dorland, Frederieke Leeflang, Annemieke Roobeek and Tjalling Tiemstra.

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