As at 31 December 2016 Coöperatie FromFarmers (hereinafter: the ‘Cooperative’) has a capital interest of 53.26% in ForFarmers N.V. This is split in a direct interest (20.81%) which the Cooperative holds, for which there is no connection to a participation account, and an indirect interest of 32.45%, for which the Cooperative has issued participation accounts to individual members. These members can decide, each individually for himself, at any moment to convert their participation account, or part thereof, into depositary receipts, make a transfer to investment accounts, or sell on Euronext Amsterdam.
Furthermore, the Cooperative can give voting instructions for depositary receipts held by Stichting Beheer- en Administratiekantoor ForFarmers and for which voting rights have not been requested. Furthermore, the Cooperative holds the priority share.