TNT Supervisory Board announcements
TNT N.V. announced that Mr. J.H.M. Hommen will step down as chairman of the Supervisory Board as soon as his intended successor will be ready to take over his position as chairman. Mr. Hommen steps down as chairman in order to comply with the Dutch Corporate Governance Code, which limits the number of supervisory board positions in Dutch listed companies a person is allowed to have. He is planning to resign as member of the Supervisory Board in 2009 in accordance with the reappointment schedule of the Supervisory Board. Mr. Hommen has been chairman of the Supervisory Board since 2005 and a member since 1998.
The Supervisory Board nominates Mr. P. Klaver and Mr. G. Ruizendaal as new members of the Supervisory Board for appointment to the Annual General Meeting of Shareholders on 11 April 2008 (AGM), whereby Mr. Klaver is the intended successor of Mr. Hommen in his position as chairman of the Supervisory Board. Mr. Klaver is former chairman of the managing board of SHV Holdings N.V. Mr. Ruizendaal is Chief Strategy Officer and Group Controller and a member of the Group Management Committee of Royal Philips Electronics N.V.
Mr. R.J.N. Abrahamsen, a member of the Supervisory Board since 2000, is nominated for reappointment at the AGM. Mr. R. W.H. Stomberg, a member of the Supervisory Board since 1998, steps down.
In accordance with the Corporate Governance Code, the Supervisory Board will notify the AGM of its intention to reappoint Mr. M.P. Bakker as CEO and member of the Board of Management of TNT N.V. and Mrs. M.C. Lombard as member of the Board of Management of TNT N.V., both for a new four year term.
