Dividend
The AGM adopted the proposed total dividend for 2024 of EUR 1.27 per Depository Receipt (DR), comprising solely the interim dividend of EUR 1.27 per DR, paid in September 2024. No final dividend was proposed due to the provision for the expected costs of the settlement offer extended to eligible DR Holders.
Remuneration policies
The AGM adopted updated remuneration policies for both the Executive Board and the Supervisory Board. These updates reflect new legal requirements related to the intended listing of Triodos Bank DRs on Euronext Amsterdam.
Changes to the Supervisory Board
Simone Huis in ’t Veld was appointed as a new member of the Supervisory Board. The appointment follows her recommendation by the Works Council and has been approved by the Dutch Central Bank.
Susanne Hannestad was reappointed for a second term. The Dutch Central Bank approved her reappointment, and the Works Council expressed its support.
Changes to the Executive Board
The AGM was notified of the proposed appointment of Marcel Zuidam as the new CEO and Chair of the Executive Board, succeeding Jeroen Rijpkema. Mr. Zuidam’s appointment has been approved by the Dutch Central Bank and was supported by the Works Council.
At the end of the meeting, Mike Nawas, chair of the Supervisory Board thanked Daniëlle Melis and Jeroen Rijpkema for their years of dedication and great contribution to Triodos Bank and its mission.
Total package of measures
The Executive Board presented an update on the implementation of the total package of measures announced on 10 January 2025, developed in consultation with Stichting Certificaathouders Triodos Bank (SCTB). The package includes a one-off settlement offer of EUR 10 per Depository Receipt to eligible Depository Receipt Holders, governance adjustments and initiatives to strengthen the community that Triodos Bank is a part of.
Euronext listing
Preparations for the listing are well underway for an anticipated listing in June 2025. In preparation for the listing, Triodos Bank, in conversation with regulators, has decided to round up fractions. For the DR Holders with an account with Captin the rounding will be completed automatically before listing on Euronext Amsterdam. For Depository Receipt Holders without an account with Captin, rounding up will be occur at the moment of the transfer of Depository Receipts to a securities account. For more information, visit the Euronext Listing page on our website.
External auditor appointment
The AGM approved the appointment of KPMG as Triodos Bank’s external auditor for the financial years 2026–2029. This appointment follows the conclusion of PwC’s 10-year statutory term.
Financial Calendar 2025
Publication Half-Year Results: 14 August 2025
Disclaimer
The information in this document has been obtained or derived from sources believed by Triodos Bank N.V. to be reliable at the date of publication of this document. However, no representations are made as to its accuracy or completeness. The information may be subject to change, and Triodos Bank N.V. assumes no undertaking to revise or amend the information provided, or to provide any update in respect of any change related thereto. Triodos Bank N.V. accepts no liability for loss arising from the use of the information. The information is: (i) for discussion purposes only; (ii) not to be regarded as (investment) advice; and (iii) not to be relied upon in substitution for the exercise of independent and sound judgement.
This document does not constitute any commitment or any offer to commit to any transaction or financing by Triodos Bank N.V.
This document may include forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Some of these forward-looking statements are characterised by the use of words such as (but not limited to): 'expect', 'anticipate', 'estimate', 'may', 'should', 'would', 'believe', 'intend', 'plan', 'contemplate', 'aim', 'could', 'will', 'potential', 'think', 'seek', as well as similar expressions, the future tense and the conditional. The forward-looking statements included in this document with respect to the business, results of operation and financial condition of Triodos Bank N.V. are subject to a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including but not limited to the following: changes in economic and political conditions, actions taken and policies applied by governments and their agencies, changes in credit spreads or interest rates, the results of our strategy and investment policies and objectives. Triodos Bank N.V. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances that may arise after the date of this document.