Stichting Pensioenfonds PostNL selects Kempen Capital Management as fiduciary manager

's-Hertogenbosch, the Netherlands, 20 November 2018

Today, Van Lanschot Kempen announces that Stichting Pensioenfonds PostNL has chosen Kempen Capital Management, the Van Lanschot Kempen asset manager, to be its new fiduciary manager.

Stichting Pensioenfonds PostNL has over 95,000 members and invested assets of around €8.5 billion. Kempen Capital Management (Kempen) will provide advice for Stichting Pensioenfonds PostNL's total invested assets from the second quarter of 2019; the transition began at the end of September 2018.

Leni Boeren, Kempen's CEO, comments: "We are proud that Stichting Pensioenfonds PostNL has selected us to carry out their fiduciary management. The pension fund's long-term view, featuring its own socially responsible investment policy coupled with tailored implementation, is a good fit with Kempen. It's a partnership across generations with a firm focus on the future, bolstering our position as a fiduciary manager in the Dutch market. We look forward to working with Stichting Pensioenfonds PostNL for the long term."

René van de Kieft, Chairman of Stichting Pensioenfonds PostNL, adds: "From day one, the Kempen team impressed with the quality of its analyses, its strong, relationship-driven communications and its hands-on solutions. As Stichting Pensioenfonds PostNL's board, we are confident that Kempen will help us achieve the professional asset management governance we aspire to."

FINANCIAL CALENDAR

19 December 2018         Proposed capital payment date

21 February 2019            Publication of 2018 annual results

24 April 2019                   Publication of 2019 Q1 trading update      

Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com

About Van Lanschot Kempen
Van Lanschot Kempen, a wealth manager operating under the Van Lanschot, Evi and Kempen brand names, is active in Private Banking, Asset Management and Merchant Banking, with the aim of preserving and creating wealth for its clients. Van Lanschot Kempen, listed at Euronext Amsterdam, is the Netherlands' oldest independent financial services company with a history dating back to 1737.

vanlanschotkempen.com

Disclaimer and cautionary note on forward-looking statements
This document may contain forward-looking statements on future events and developments. These forward-looking statements are based on the current insights, information and assumptions of Van Lanschot Kempen's management about known and unknown risks, developments and uncertainties. Forward-looking statements do not relate strictly to historical or current facts and are subject to such risks, developments and uncertainties that by their very nature fall outside the control of Van Lanschot Kempen and its management.

Actual results and circumstances may differ considerably as a result of risks, developments and uncertainties relating, but not limited to, income growth, costs, the macroeconomic and business climate, political and market trends, interest rates, behaviour of clients, competitors, investors and counterparties, the implementation of Van Lanschot Kempen's strategy, actions taken by supervisory and regulatory authorities and private entities, changes in law and taxation, ownership changes that may influence the future availability of capital, and changes in credit ratings.

Van Lanschot Kempen cautions that forward-looking statements are only valid on the specific dates on which they are expressed, and accepts no responsibility or obligation to revise or update any information following new information or changes in policy, developments, expectations or other such factors.

The financial data in this document have not been audited, unless expressly stated otherwise. This document does not constitute an offer or solicitation for the sale, purchase or acquisition of in any other way or subscription to any financial instrument and is not an opinion or a recommendation to perform or refrain from performing any action.

Parts of this document may provide insider information about Van Lanschot Kempen NV and/or Van Lanschot NV as meant in Articles 7(1) up to and including (4) of EU Regulation 596/2014.

This document is a translation of the Dutch original and is provided as a courtesy only. In the event of any disparities, the Dutch version will prevail. No rights can be derived from the translated document.