, April 30, 2015

Ordina AGM adopts financial statements 2014

The Ordina N.V. Annual General Meeting of Shareholders (AGM) today adopted the financial statements for the 2014 financial year. Ordina booked turnover of EUR 367.0 million and a recurring net profit of EUR 1.0 million in 2014.

Composition Board of the Management Board and Supervisory Board
The Supervisory Board informed the AGM of the reappointment of Mr. S. (Stépan) Breedveld as CEO and chairman of the Management Board. The AGM also reappointed Mr. A. (Aloys) Kregting as a member of the Supervisory Board for a four-year period.

Appointment Ernst & Young Accountants
The AGM has appointed Ernst & Young Accountants as Ordina N.V.’s external auditor for the financial years 2015 and 2016.

Authorisations granted
As is usual for the AGM, the meeting granted a number of authorisations to the Ordina N.V. Management Board, the first being the right to buy back treasury shares up to a maximum of 10% of the outstanding share capital. Secondly, the Management Board has been granted the authority to issue new Ordina N.V. shares up to a maximum of 5% of the outstanding share capital and, in the event that such proves necessary, the authority to limit or exclude preferential rights.