Friesland­Campina Members' Council adopts 2024 financial statements and approves profit appropriation

Today, the Members’ Council of FrieslandCampina adopted the 2024 financial statements of Zuivelcoöperatie FrieslandCampina U.A. It also approved the Board's decision to adopt the financial statements of Royal FrieslandCampina N.V. for 2024 and the profit appropriation proposed by the Board. In addition, it was announced that Elze Jellema will step down as Vice-Chair and member of the Cooperative Board, as well as a member of the company's Supervisory Board. Nils den Besten, who is already a member of both governing bodies, will succeed Jellema as Vice-Chair of the Cooperative Board. It was also announced that Heiko Schipper will step down as a member of the Supervisory Board of Royal FrieslandCampina N.V.

Profit appropriation and supplementary cash payment

As part of the proposed profit appropriation, the Members' Council approved a supplementary cash payment of 109 million euros to the cooperative's members, amounting to 1.21 euros per 100 kilograms of milk supplied.

Changes in Cooperative Board and Supervisory Board

Sybren Attema, Chair of the Cooperative Board and Supervisory Board of FrieslandCampina: “Since joining the Cooperative Board and Supervisory Board in 2019, Elze Jellema has made an enormous contribution to the vision, ambition, and strategy of the Cooperative and the Company. She played a key role in translating the cooperative vision ‘Melk met Meerwaarde’ (Milk with Added Value) into the clear and widely supported strategy ‘Koers op 2030’ (Course for 2030). On behalf of the Cooperative Board and the Supervisory Board, I would like to thank her for her dedication and valuable contributions to FrieslandCampina. I also extend my gratitude to Heiko Schipper for the valuable contribution he has made to the company’s strategic course since his appointment in 2019. With his extensive knowledge of management, consumers, and Asia, he has provided strong support to FrieslandCampina in many important strategic and operational opportunities and challenges. I wish them both every success in the new professional endeavours they will embark on. Of course, I also wish Nils den Besten success in his role as Vice-Chair of our Cooperative Board.”

Elze Jellema will step down immediately after the Members' Council meeting on 11 March due to a new professional opportunity outside of FrieslandCampina. Jellema has been a member of both the Cooperative Board and the Supervisory Board since 17 December 2019.

Heiko Schipper will step down on 1 July 2025 due to other professional commitments. He also joined the Supervisory Board on 17 December 2019. The process for filling this vacant position has started.

Nils den Besten, who will succeed Elze Jellema as Vice-Chair of the Cooperative Board, has been a member of both the Cooperative Board and the Supervisory Board since 7 October 2021. Within the Supervisory Board, Den Besten is a member of the Audit and Risk Committee and Chair of the ESG Committee. Previously, he was a member of the Members' Council and the Youth Council of FrieslandCampina. He runs a dairy farm in Giessenburg, the Netherlands.

Composition of the Cooperative Board and Supervisory Board

As of 11 March 2025, the Board of Zuivelcoöperatie FrieslandCampina U.A. will consist of the following people: Sybren Attema (Chair), Nils den Besten (Vice-Chair), Herman Bakhuis, Wietse Duursma, Trienke Elshof-Witteveen, Cor Hoogeveen and Sandra Stuijk.

As of 1 July 2025, the Supervisory Board of Royal FrieslandCampina N.V. will consist of: Sybren Attema (Chair), Baptiest Coopmans (Vice-Chair), Nils den Besten, Sandra Berendsen, Wietse Duursma, Petri Hofsté and Marleen Vaesen.