4.2 Financial assets at fair value through OCI

The following table presents the changes in the carrying value of the financial assets at fair value through OCI.

PostNL Financial assets at fair value through OCI in € million


20242025

Balance at 1 January

1620

Additions

13

Remeasurement recognised in OCI

36

Balance at 31 December

2029

As at 31 December 2025, the investments in financial assets at fair value through OCI related to investments in equity shares of non-listed companies. PostNL holds non-controlling interests in Whistl Group Holdings Limited, Endeit Fund II Coöperatief U.A., Endeit Fund III Coöperatief U.A., Clean Clothes B.V. and Machool Technologies Inc. The assessment of fair value is based on key performance indicators included in related management and statutory reports and derived from the expected development of business and financial performance and external valuation insights, if available, like EBITDA multiples. In 2025, the fair value remeasurement of €6 million mainly related to our stake in Whistl.

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