Dutch insurer NN Group announced that its Supervisory Board has decided to nominate David COLE for reappointment as SB member & Chair for another four years and Hans SCHOEN for reappointment as SB member & chair of the Audit Committee for another two years.

The current terms of David COLE and Hans SCHOEN end at the close of the annual general meeting to be held on 19 May 2022.

Additionally, the Supervisory Board has decided to nominate Pauline van der MEER MOHR as new member of the Supervisory Board for a term of four years, subject to approval of the Dutch Central Bank.

At the same time, Heijo HAUSER and Clara STREIT, members of the Supervisory Board since 2014 and 2017, respectively, will step down as per the close of the 2022 AGM. Heijo HAUSER's current term ends at the close of the 2022 AGM and he has indicated that he will not be available for reappointment. The current term of Clara STREIT ends in 2024, but she has decided to step down early. Subject to approval of DNB, Cecilia REYES will succeed Heijo HAUSER as chair of the Risk Committee of the Supervisory Board.

NN Group mentioned the proposals for (re)appointment will be submitted for adoption at the 2022 AGM. "If adopted, the reappointment of David COLE and Hans SCHOEN will become effective as from the close of the 2022 AGM, and the appointment of Pauline van der MEER MOHR will become effective 1 January 2023".