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Deviations from the Dutch Corporate Governance Code

Eneco endorses the principles of good corporate governance as recorded in the Dutch Corporate Governance Code.

Since Eneco is not listed on the stock exchange, a number of stipulations is not applicable to the company, including:

  • II.2.1 up to and including II.2.5 (optional provisions),
  • II.2.14 (stating the value of options granted to the management board and the personnel),
  • III.8.1 up to and including III.8.4 (one-tier governance structure),
  • IV.1.1 (quorum requirements for resolutions to cancel the binding nature of nominations in companies without statutory two-tier status
  • IV.1.2 (specific voting rights on financing preference shares),
  • IV.1.7 (registration date for exercising voting/meeting rights),
  • IV.2.1 up to and including IV.2.8 (certification of shares),
  • IV.3.2 up to and including IV.3.4 (analysts),
  • IV.3.9 (overview protective measures in annual report),
  • IV.4.1 up to and including IV.4.3 (institutional investors).

 

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