The Supervisory Board of KAS BANK N.V. intends to appoint Mr. J. (Jaap) Witteveen as member of the Managing Board and Chief Operating Officer (COO) of KAS BANK for a period of four years, with effect from September 1st, 2014. Mr. Witteveen is currently COO, CFO and CRO at Theodoor Gilissen Bankiers N.V. Jaap Witteveen has been working in the banking sector for more than 16 years. He has extensive experience with large IT projects and change management in the field of Operations. The proposed appointment is subject to the approval of the Dutch supervisory authorities. The
Works Council of KAS BANK has advised positively.