Member Council FrieslandCampina approves annual reports of 2017

30 March 2018

The Member Council of Zuivelcoöperatie FrieslandCampina U.A. accepted the annual reports of Zuivelcoöperatie FrieslandCampina U.A for the year 2017 on Thursday 29 March 2018. Additionally, it agreed with the proposal of the Board to add the result of the year 2017 of 143 million euro to the general reserve.

Further, the Member Council approved the decision of the Board to accept the annual report of 2017 of Royal FrieslandCampina N.V., including the decision to, in the framework of the established reserve policy, issue 32 million euro of member bonds to the cooperative with the obligation to transfer these to its members.

The Member Council of Zuivelcoöperatie FrieslandCampina U.A. consists of 210 district leaders (ten from each of the 21 districts).