Vastned Retail N.V. ('Vastned' or the 'Company') invites its shareholders to attend the Annual General Meeting (‘AGM’) for the 2021 financial year to be held on Thursday 14 April 2022 at 1:00 pm (CET) in the Rosarium, Amstelpark 1, Amsterdam. Registration for admission starts at 12 noon and will end at 1:00 PM. The Annual General Meeting will be held in the Dutch language. In addition to the opportunity to raise questions during the meeting, shareholders are given the opportunity to submit written questions in advance of the meeting by email to simon.theeuwes@vastned.com no later than 5:30pm (CET) on 7 April 2022.

Shareholders may issue a voting proxy in advance of the meeting containing a voting instruction. More detail on registration and proxies/internet voting can be found on the Vastned corporate website. https://vastned.com/en/investor-relations/agm            

Agenda

The agenda of the AGM on 14 April 2022 includes proposals to adopt the financial statements for the financial year 2021, to declare the dividend for the financial year 2021, to adopt a (new) remuneration policy for the Executive Board and the Supervisory Board, and to discharge the Executive Board and the Supervisory Board in respect of the financial year 2021.

The agenda furthermore includes proposals in relation to the composition of the Supervisory Board. The Supervisory Board strives for a composition that supports Vastned and all its stakeholders in the long term. Therefore, the Supervisory Board proposes a composition that ensures continuity, diversity and with the right mix in backgrounds and relevant experience for Vastned. The proposal is that Mr Blokhuis is to be reappointed for a second term of three years. In addition, two new members of the Supervisory Board will be nominated for appointment: Ms Theyse for a period of four years and Mr Buschman for a period of two years. Ms Theyse is expected to take up the position of Chairwoman of the audit and compliance committee. Following these three appointments, Mr van Gelder will be stepping down directly after this meeting and will hand over the chairmanship of the Supervisory Board to Mr Blokhuis.

During the past few months the Supervisory Board has run a thorough process to select new candidates and attain the best possible composition of the Supervisory Board, in the interest of Vastned and all its stakeholders. During that process constructive dialogue was held with Van Herk Investments, the company’s largest shareholder. Following this dialogue, Van Herk Investments has proposed to nominate Mr Buschman to the Supervisory Board.

Based on a thorough assessment of all candidates, the Supervisory Board concludes that the proposed members and composition is in the best interest of Vastned and all its stakeholders. The proposed Board represents extensive real estate expertise, overall management and Supervisory Board experience.

Van Herk Investments has informed the Company that it will be supportive of the proposals brought forward by the Company and that it will vote in favour of all proposals on the upcoming AGM.

Further information on these agenda items can be found in the notes to the full agenda on the corporate website of Vastned. Please go to: https://vastned.com/en/investor-relations/agm

Annual Report 2021

The Annual Report 2021 is available on the corporate website of Vastned as of today, including the ESEF package.

Please go to:  https://vastned.com/en/investor-relations/annual-reports