Today, Brill’s Combined Meeting resolved to reduce the number of Supervisory Board members from four to three. The Board has elected unanimously Mr. Robin Hoytema van Konijnenburg, to be appointed as chairman and Mr. Theo van der Raadt as vice-chairman. These changes are effective immediately after the upcoming Annual General Meeting of Shareholders of 25 June, 2020 (starting at 2.00 PM).
Leiden, 24 June 2020 (published after stock market close at 5.45 PM)
The board of Stichting Administratiekantoor Koninklijke Brill (STAK) announces that for the time being STAK intends not to exercise the right to vote on behalf of absent depository receipt holders during Brill's general meeting on 25 June 2020. In accordance with the voting policy adopted in 2017, STAK refrains from exercising the voting rights on the shares held by STAK in Brill for which no voting powers have been issued to depository holders or for which the AK has not received voting instructions. Abstention in the above sense will only take place under normal circumstances.
After issuing the auditor's report dated 7 April 2020 on the 2019 financial statements of Koninklijke Brill N.V., PricewaterhouseCoopers Accountants N.V. (PwC) noted that their auditor’s report, and specifically where it pertains to Covid-19, was not in line with the applicable auditing standard, even though the unqualified opinion as included in the auditor’s report remains appropriate.