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Shareholders in DHV Holding B.V.

The shares in DHV Holding B.V. are held by three organizations: DHV Foundation, DHV Priority Foundation, and DHV Trust Office.

This shareholding structure has its origins in a 1977 agreement, which establishes that management (Executive Board and Supervisory Board) and labor (the Works Council) have joint control over the share capital. Originally, the Executive Board, the Supervisory Board and the Works Council formed the only shareholders, known as the Stichting DHV (DHV Foundation). In 1998 the decision was taken that the composition of the DHV Foundation would consist for the most part of independent individuals, in the interest of transparent governance. To ensure that management and labor remained involved in any substantial changes in the shareholding structure, the Stichting Prioriteit DHV (DHV Priority Foundation) was established and placed under the management of representatives of the original parties. The Stichting Administratiekantoor DHV (DHV Trust Office) administers the depositary receipts issued for shares to staff members.