Shareholders

Municipalities and their percentage of shares

We are connected with and focused on society. Together with our customers, shareholders and partners we are working towards a more sustainable society. With the support of 61 Dutch municipalities, two provinces and the Dutch State as its shareholders, Stedin Group is able to concentrate on achieving its strategy.

The Shareholders’ Committee consists of nine members representing all of Stedin’s 64 shareholders. The Shareholders’ Committee members are the municipalities of Rotterdam, The Hague, Dordrecht, Delft, Lansingerland,  Molenlanden, Achtkarspelen, Nissewaard and Uithoorn, the provinces Utrecht and Zeeland and the Dutch State.

Municipalities and their percentage of shares

The authorized capital of Stedin Holding N.V. is divided into ordinary shares. Each share gives the right to one vote. In addition, Stedin issued EUR 200 million in cumulative preference shares to its existing shareholders in 2021. The great majority of shareholders have subscribed to this. The overview below shows the distribution of the ordinary shares and indicates which shareholders also hold cumulative preference shares.

 Rotterdam*   27,71% 
 The Hague   14,48%  
 The Dutch State  11,82%   
 Dordrecht*  
     7,92%  
 Leidschendam-Voorburg*
     3,00%   
 Lansingerland* 
     2,96%  
 Delft*
     2,14%   
 Zoetermeer*     2,05%  

Municipalities with less than 2% of the shares

 Aalsmeer  Hoeksche Waard*
  Ridderkerk*
 Achtkarspelen*  Houten
  Rijswijk*
 Alblasserdam*  Hulst
  Schiedam*
 Albrandswaard  Kapelle
  Schiermonnikoog*
 Ameland*  Krimpen aan den IJssel*
  Schouwen-Duiveland
 Amstelveen*  Krimpenerwaard*
  Soest
 Barendrecht*  Middelburg  Sliedrecht*
 Borsele  Molenlanden*  Sluis
 Bloemendaal  Nieuwegein
  Terneuzen
 Bunschoten  Nissewaard*  Tholen
 Castricum*  Noardeast-Fryslân*  Uithoorn*
 Capelle aan den IJssel*  Noord-Beveland  Vijfheerenlanden*
 Eemnes  Papendrecht*  West Betuwe
 Goes  Pijnacker-Nootdorp*  Woudenberg
 Heemstede*  Province of Utrecht  Veere
 Hendrik Ido Ambacht*  Province of Zeeland
  Voorne aan Zee*

*These shareholders also have cumulative preference shares.


General Meeting of Shareholders

Within six months after the close of each financial year, Stedin Holding N.V. organises an annual general meeting. Additional general meetings may be held if deemed necessary by the supervisory board or the board of management. The agenda for the annual general meeting is set by the board of management and the supervisory board. During the annual general meeting, the annual report is discussed and the financial statements are adopted. The appointment of supervisory board members also takes place at the annual general meeting.

Agreements have been made by Stedin’s board of management, supervisory board and annual general meeting regarding the interrelationships between these bodies and about performing and exercising their tasks and powers. These agreements are laid down in the articles of association of Stedin Holding and the 'shareholders covenant of Stedin Group (Dutch only)'. The shareholders’ committee also has its own regulation (Dutch only). All shareholders are represented by the shareholders’ committee. The shareholders’ committee regulation only applies to the interrelation between shareholders.