Shareholders

The General Meeting of Shareholders is the highest decision-making body within Enexis Holding N.V. The GMS decides on matters such as the annual report prepared by the Executive Board, whether to release the Executive Board and Supervisory Board from liability for the policies pursued during the year, the adoption of the financial statements and the appropriation of the company’s profit. The company’s strategy is also subject to approval by the GMS and the members of the Supervisory Board are appointed by the GMS.

Certain powers of the General Meeting of Shareholders have been assigned to the Shareholders’ Committee. Comprising seven members, the committee’s aim is to improve the responsiveness and effectiveness of decision-making within the General Meeting of Shareholders.

The Shareholders’ Committee members are not paid a fee for their work. Their duties are set out in the Articles of Association of Enexis Holding N.V. and their work procedure is detailed in an agreement between the Executive Board, Supervisory Board and Shareholders’ Committee, as approved by the General Meeting of Shareholders.