Dividend
The AGM approved the dividend proposal. The approved final dividend is EUR 2.84 per Depository Receipt (DR), in cash, including the interim dividend of EUR 1.23 per DR, the total dividend paid in relation to 2023 amounts to EUR 4.07 per DR. This represents a payout ratio of 75% of the 2023 net profit. Ex-dividend date is 20 May 2024 and payment date 3 June 2024.

Marjolein Landheer – appointment as member of the Executive Board
In accordance with the provisions of law and the articles of association of Triodos Bank and following notification to the AGM, the Supervisory Board has appointed Marjolein Landheer as a member of Triodos Bank's Executive Board, in the role of Chief Risk Officer (CRO) for a period of four years, starting 17 May 2024. Ms Landheer has performed the role of CRO on an ad interim basis since 25 January 2023. The Dutch Central Bank has approved the appointment of Ms Landheer. The Works Council of Triodos Bank has been consulted and supports the appointment.

Jeroen Rijpkema (CEO and Chair of the Executive Board of Triodos Bank): “The Executive Board is very pleased with the appointment of Marjolein Landheer as our Chief Risk Officer. During 2023, Marjolein served in this role on an ad interim basis and has proven to be a great addition to the Executive Board team with her extensive background in banking with a focus on risk. We are very much looking forward to benefiting from her knowledge, insights and personality for the further development of Triodos Bank.”

Sébastien D'Hondt - end of term as Supervisory Board member
The Supervisory Board and Sébastien D'Hondt have decided to not seek his reappointment at today’s AGM, nor to seek an immediate replacement. The Supervisory Board will carry out its collective tasks with the remaining five Supervisory Board members. Over time, the appointment of a sixth member may be sought, with a profile to be determined at that time, depending on the needs for the supervision.

Mike Nawas (Chairman of the Supervisory Board of Triodos Bank): “Sébastien D'Hondt has been a valued Supervisory Board member since 2019. Throughout his term of office, he has also been a member of the Audit and Risk Committee, chairing it ad interim for over a year. Based on his extensive experience in banking, finance and entrepreneurship, and using his creative mind, he brought many thought-provoking perspectives to our board room discussions. My colleagues and I thank him for his support, for the breadth of his contributions and for the personal effort he put in to support Triodos Bank throughout these eventful years.”

MTF-Evaluation
Based on the evaluation of the tradability of DRs on the Multilateral Trading Facility (MTF), Triodos Bank has concluded that the trading of DRs on the MTF does not provide the adequately functioning trading solution that DR Holders are looking for. Potential MTF improvements are deemed unlikely to sufficiently resolve the experienced limitations. Consequently, Triodos Bank has decided to start preparing for listing of the DRs on Euronext. The decision to start preparing for listing of the DRs on Euronext was discussed during the AGM.

Representation DRs at AGM
At the hybrid meeting around 25% of the DRs were represented at the meeting (in person, online and via proxy).

Financial calendar 2024