Corporate Governance Code
The Dutch Corporate Governance Code
The Dutch Corporate Governance Code was issued by the Tabaksblat Committee on December 9, 2003. The Dutch Corporate Governance Code has its statutory basis in Book 2 of the Dutch Civil Code and applies to companies with their registered offi ce in The Netherlands whose shares are listed on a stock exchange either domestically or abroad. The Dutch Corporate Governance Code is based on the apply-or-explain principle and is a considerable step forward for Dutch standards on corporate governance.
The Dutch Corporate Governance Code defines a company as long-term form of collaboration between the various parties involved. The Board of Management and the Supervisory Board have overall responsibility for considering the interests, generally with a view to ensure the continuity of the enterprise. In doing so, the Company endeavors to create longterm shareholder value and the Board of Management and Supervisory Board should take account of the interests of the different stakeholders.
KPN fully supports the principles of the Dutch Corporate Governance Code and is nearly fully compliant with the basic best practice provisions of this Code (link to Compliance Corporate Governance code). Only the following 4 out of 96 applicable provisions are not fully applied: Deviations
Compliance Overview
Compliance Overview Dutch Corporate Governance Code (PDF, 74 KB)
