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Policy of the Foundation
The Foundation's object as set out in its articles of association is to represent the interests of KPN, its associated entities and all its stakeholders, by, inter alia, protecting KPN as much as possible from influences that might threaten the continuity, independence or identity of KPN.
The Board of the Foundation is of the opinion that, barring exceptional circumstances, it should exercise the voting rights attached to outstanding Class B preference shares for only a limited period. The Board of the Foundation considers it undesirable for KPN's Board of Management to ignore for a long period changes in the balance of power in the general meeting of shareholders.
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