Triodos Bank held its Extraordinary General Meeting (EGM) on 23 October 2024. Triodos Bank received approval from its Depository Receipt Holders to list its Depository Receipts on Euronext Amsterdam and to lower the nominal value of its Depository Receipts to EUR 1 per share. For more information, see the press release of Triodos Bank via this link.

The EGM held could not vote on the proposed changes of the Articles of Association. In accordance with the current Articles of Association, during a general meeting in which a decision to amend the Articles of Association is to be made, at least three-quarters of the issued capital must be represented. As this was not the case, there was no voting regarding the proposed amendments of the Articles of Association and a new Extraordinary General Meeting has therefore been convened. This second EGM, irrespective of the represented percentage of issued capital, may take a valid decision concerning the proposed amendment to the Articles of Association, on the condition that the decision is approved by at least a three-quarters majority of the votes cast. This second EGM will be held on 15 November 2024 and will only vote on the proposed amendments of the Articles of Association of Triodos Bank.

As explained in the explanatory notes to the agenda of the DRHM of 9 October 2024, SAAT will use the explanation of SAAT’s choices with regard to the voting items prepared for the EGM of 23 October 2024. Please be referred to this explanation for more information. No separate meeting of depository receipt holders will be organised prior to this second EGM.