Vastned adjusts agenda Annual General Meeting

Amsterdam, 15 April 2021 – In the run-up to today’s Annual General Meeting, Vastned Retail N.V. (‘Vastned’) has decided to remove the item relating to the proposed appointment of a new member of the Supervisory Board from the agenda of the AGM.

The Supervisory Board has come to this decision because it would appear that the required support from a major shareholder with regard to the proposed governance of the company is currently not yet forthcoming.

Marc van Gelder, chairman of the Supervisory Board: ‘We have followed a meticulous procedure to find the most suitable candidate for the Supervisory Board. It is regrettable that we have not received the expected support of a major shareholder to fill this vacancy now. For this reason, we will be continuing our dialogue with this shareholder in the near future.’

Vastned expects to convene an Extraordinary General Meeting on the proposed appointment in the autumn.



About Vastned

Vastned is a European publicly listed property company (Euronext Amsterdam: VASTN) focusing on the best property in the popular shopping areas of selected European cities with a historic city centre where shopping, living, working and leisure meet. Vastned's property clusters have a strong tenant mix of international and national retailers, food & beverage entrepreneurs, residential tenants, and office tenants. The property portfolio had a size of approximately € 1.5 billion as at year-end 2020.