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TNT Express N.V. announces that the Annual General Meeting of Shareholders (AGM) held today adopted the 2014 financial statements and determined the total 2014 dividend at € 0.08 per ordinary share of € 0.08 nominal value.

On 7 April 2015, FedEx and TNT Express announced their agreement on a recommended all-cash public offer for all TNT Express shares. FedEx and TNT Express anticipate that the offer will close in the first half of calendar year 2016. Considering the high level of deal certainty, TNT has withdrawn the proposed amendments to the remuneration policy for the members of the Executive Board, as described in the Annual Report 2014 (p 54-59), as well as the proposal to grant additional rights on performance shares to the Executive Board members in 2015

The AGM has reappointed Antony Burgmans and Mary Harris as members of the Supervisory Board.

Furthermore the AGM adopted the following resolutions:

– To release from liability the members of the Executive and Supervisory Boards for their tasks insofar as these tasks are apparent from the financial statements.
– To extend the designation of the Executive Board as authorized body to issue ordinary shares until 8 October 2016. This authority shall be limited to a maximum of 10% of the issued capital plus a further 10% of the issued capital in case an issue takes place in relation to a merger or an acquisition.
– To extend the designation of the Executive Board as authorized body to limit or exclude the pre-emptive right to the issuance of ordinary shares until 8 October 2016. This authority shall be limited to a maximum of 10% of the issued capital plus a further 10% of the issued capital in case an issue takes place in relation to a merger or an acquisition.
– To authorize the Executive Board to have TNT Express acquire its own shares to a maximum of 10% of the issued share capital until 8 October 2016.