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p 52 / TomTom Annual Report and Accounts 2010
Supervisory Board Report
Type of service
€ in thousands 2010 2009
Audit – group 473 30% 475 29%
Audit – statutory 227 14% 227 14%
Audit services* 109 7% 485 30%
Non-audit services 104 7% 27 2%
Tax compliance** 654 42% 417 25%
Total 1,567 100% 1,631 100%
* During 2009 audit services consisted of fees related to the rights issue and
quarterly financial reviews.
** Tax compliance comprises of corporate tax compliance services including local
tax filings and HR related compliance services.
SELECTION AND APPOINTMENT COMMITTEE
The Selection and Appointment Committee met four times during
the course of 2010, with all members present at each meeting. These
meetings were also attended by the SVP Human Resources and
the CEO attended two of the meetings. In 2010 the main area of
attention was succession planning for senior management with
a view to further growing the company in a structured and
sustainable manner.
Other topics covered during the meetings of the Selection and
Appointment Committee were:
>the nomination for re-appointment of the Chairman of the
Supervisory Board and the associated new rotation plan
>the review of the size and composition of the Supervisory and
Management Boards, also in view of the vacancy following Joost
Tjaden’s resignation
>the Supervisory Board Profile, and
>the outcome of the Selection and Appointment Committee’s
self-assessment.
FINANCIAL STATEMENTS
The consolidated annual Financial Statements of the company for
2010, as prepared by the Management Board, have been audited
by Deloitte Accountants BV. The Supervisory Board has approved
these Financial Statements for 2010 and all individual members of
the Supervisory Board, together with the members of the
Management Board, have signed the Financial Statements for 2010.
The Supervisory Board recommends to the General Meeting of
Shareholders to adopt the Annual Accounts for 2010. The Annual
Report for 2010 is available at the company’s offices on request and
on the company’s website. Upon adoption of the Annual Accounts
for 2010, and in accordance with article 2:394 of the Dutch Civil
Code and article 5:25o of the Financial Markets Supervision Act, the
Management Board will file the Annual Accounts for 2010 with the
AFM. The members of the Supervisory Board have signed the annual
Financial Statements pursuant to the statutory obligation under
article 2:101 (2) Dutch Civil Code. The Supervisory Board would like
to thank the Management Board members and all employees for
their dedication and hard work in 2010.
Supervisory Board
Karel Vuursteen
Doug Dunn
Guy Demuynck
Rob van den Bergh
Ben van der Veer
Peter Wakkie
18 February 2011