PostNL on the capital markets

Shares and share ownership

Ordinary shares in PostNL N.V. (ticker: PNL, ISIN code NL0009739416) are listed on Euronext Amsterdam and included in the AMS Next 20-index. Options on PostNL shares are traded on Euronext Derivatives Amsterdam and the European Options Exchange in Amsterdam.

PostNL Relative performance PostNL compared to AMS Next 20-index

2025

PostNL’s authorised share capital is divided into 1,500,000,000 shares of €0.08 each and consists of 750,000,000 ordinary shares and 750,000,000 preference shares B. The number of issued and outstanding ordinary shares was 508,680,625 on 31 December 2025 (2024: 502,111,291 shares). No preference shares B were issued and outstanding. See note '4.6 Equity' to the Consolidated financial statements for more information on PostNL’s equity.

Major shareholders

Under the Dutch Financial Supervision Act, holdings of 3% or more must be disclosed to the Dutch Authority for the Financial Markets (AFM). Such disclosure must be made to the Dutch Financial Markets Authority (AFM) without delay.

PostNL Overview of substantial shareholders

31 December 2025

These interests are reported to the AFM’s register of substantial interests per 31 December 2025 and do not necessarily reflect the actual shareholding in the company.

Shareholder base

PostNL has a broad shareholder base. We estimate that 24% of the outstanding shares is owned by retail investors. Institutional investors hold 76% of the total shares, of which the main part is held outside the Netherlands.

PostNL Institutional shareholders by region in %

2025

Bonds and credit rating

PostNL currently has three Eurobonds outstanding, all listed on Euronext Amsterdam

• POSTNL 4.750% 2031 (ISIN XS2803804314), nominal value outstanding €300 million
• POSTNL 4.000% 2030 (ISIN XS3145729557), nominal value outstanding €300 million
• POSTNL 0.625% 2026 (ISIN XS2047619064), nominal value outstanding €105 million

In 2025, a new bond of €300 million was issued, with maturity date in October 2030. The net proceeds are used for general corporate purposes.

The 4.750% 2031 bond is sustainability-linked. The three key performance indicators in the Sustainability-Linked Financing Framework are closely related to PostNL’s ESG strategy. PostNL is committed to reducing its absolute scope 1 and 2 GHG emissions by over 90% and its absolute scope 3 GHG emissions by 45% by 2030 from base year 2021. Alongside, the company aims to increase its share of females in senior management positions to 36% in 2030. Please refer to page for the annual update on sustainability-linked key performance indicators.

The 0.625% 2026 bond is a Green Bond, based on PostNL's Green Bond Framework. The eligible green projects focus on green kilometres, sustainable buildings, and innovation and efficiency. The company will annually publish a separate Green Bond Report in line with the framework until an amount equal to the net proceeds of the Green Bond has been allocated to the eligible green projects. The latest Green Bond Report was published on 4 April 2025. After issuance of the new bond, the company repaid €195 million, bringing the outstanding nominal value of the Green Bond to €105 million per 31 December 2025.

The sustainability-linked bond and the Green Bond highlight the company’s ambition towards becoming a truly sustainable e-commerce logistics provider and enables the company to contribute meaningfully to the United Nations Sustainable Development Goals ‘Decent work and economic growth’, ‘Climate action’, and infrastructure’ and ‘Responsible consumption and production’.

Furthermore, in 2025 a Schuldschein transaction, nominal value €100 million was issued, with maturities of 3 and 5 years, at both fixed and floating interest rates, supporting the optimisation of PostNL’s capital structure and funding profile.

In accordance with PostNL’s financial framework, the company is aiming to be properly financed. Currently, PostNL is rated by Standard & Poor’s (S&P) at BBB- with stable outlook.

Investor relations

PostNL endeavours to stay in regular contact with its shareholders. The main goal of our investor relations’ activities is to build our financial brand. To achieve that, we inform the financial markets about relevant company developments in a transparent, consistent and timely way. The Board of Management and the investor relations team maintain an active dialogue with the financial community, and comply with applicable laws and rules and regulations of Euronext Amsterdam and the AFM and other relevant bodies.

PostNL communicates with the financial community through press releases, the Annual Report, General Meetings of Shareholders and the company’s website. The company meets with (potential) investors regularly to ensure they receive a balanced and complete view of the company’s strategy, performance and the issues faced by the business, and to listen to their feedback, while always observing applicable rules concerning selective disclosure, equal treatment of (potential) shareholders and insider trading. Explanation by the Board of Management of quarterly results is given at conference calls, accessible by phone and via the website. Additionally, General Meetings of Shareholders are broadcast via audiocast.

Contact between the Board of Management, the financial markets and the media is carefully handled and structured. The company will not compromise the independence of analysts in relation to the company and vice versa. Contact with financial stakeholders is taken care of by the Board of Management and PostNL’s investor relations team. The Board of Management has adopted investor relations and media guidelines.

Dividend 2025

PostNL aims to pay a dividend that develops substantially in line with operational performance. Dividend distribution is conditional on PostNL being properly financed in accordance with its financial framework. PostNL is steering for a solid balance sheet with a positive consolidated equity, aiming at a leverage ratio (adjusted net debt/EBITDA) not exceeding 2.0. The dividend pay-out ratio is around 70% - 90% of normalised comprehensive income. Shareholders are offered a choice to opt for cash or shares.

The current Dividend Policy is to be applied on any profits over the financial year 2020 and subsequent years thereafter (until adjusted). As of 2026, the Dividend Policy will be adjusted to better align with the company’s strategy. The adjustments will be discussed in the 2026 Annual General Meeting of Shareholders.

Important dates in 2026

PostNL Financial calendar

PostNL Dividend calendar (final dividend 2025)

Contact details

Visiting address:

Waldorpstraat 3

2521 CA The Hague

The Netherlands

E-mail: ir@postnl.nl

Website: postnl.nl/en

Mail address:

PostNL Investor Relations

PO 30250

2500 GG The Hague

The Netherlands