2014 Financial Statements and Dividend

The financial statements for the year 2014, as prepared by the Management Board, have been audited by PricewaterhouseCoopers Accountants N.V., whose Auditor’s Report is included in this report, and were extensively discussed and approved in March 2015 by the Audit Committee and the external auditor in the presence of the Management Board.

GrandVision proposes not to pay a dividend over the financial year 2014.

The Supervisory Board recommends that the Annual General Meeting adopt the 2014 Financial Statements and discharge the Management Board and the Supervisory Board from liability for their management in the year under review and the supervision thereof, respectively.

Amsterdam, 17 March 2015

On behalf of the Supervisory Board,

Kees van der Graaf, Chairman