Report of the supervisory board: To the general meeting of shareholders

We hereby present the 2008 annual report and financial statements as drawn up by the Management Board. KPMG Accountants N.V. have audited the financial statements and issued an unqualified report on them. We recommend that you adopt the financial statements as presented and declare a dividend (payable in cash or in shares) of € 2.64 per share for 2008 in accordance with the Management Board’s proposal.

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Structure and activities of the supervisory board in 2008

The organisation of the Supervisory Board is entirely consistent with the recommendations of the Dutch corporate governance code.

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Composition of the supervisory board and activities of committees

The curricula vitae of the Supervisory Board members included elsewhere in this section provide information on the composition of all of the committees appointed by the Supervisory Board.

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Audit committee

The Audit Committee met four times in 2008. The main items on the agenda were the quarterly and half-yearly figures and the annual financial statements, the auditors’ report, the management letters and the annual report.

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Renumeration committee

The Remuneration Committee met twice during the year under review to discuss the variable remuneration of the Management Board, paying particular attention to the refinement and calculation of the long-term bonus.

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Selection committee

The Selection Committee met to discuss Mr Doets’s successor.

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Personnel

We would like to take this opportunity to express our appreciation and thanks to the Management Board and Corio’s employees for all their hard work during the past year.

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