Beter Bed Holding

Annual Report 2014

Financial statements, discharge, dividend

The financial statements were prepared by the Management Board and our auditor, Ernst & Young Accountants LLP, subsequently issued an unqualified audit opinion with these financial statements. The report issued by Ernst & Young Accountants LLP is included in the section Auditor’s report. We discussed the financial statements in detail in the presence of the Management Board and Ernst & Young Accountants LLP.

Following the publication of the trading update on the third quarter results in October 2014, the company decided to distribute an interim dividend of € 0.28 per share. In accordance with the Management Board’s proposal, we propose distributing a final dividend of € 0.37 per share. This means that 85% of the profit for 2014 will be distributed in the form of shareholder dividends. This is in line with the dividend policy, which was approved in the Annual General Meeting of Shareholders on 27 April 2005.

The Supervisory Board has approved the 2014 financial statements and proposes to adopt these at the Annual General Meeting of Shareholders to be held on 19 May 2015, and to discharge the members of the Management Board in respect of their management and the members of the Supervisory Board in respect of their supervision with regard to the financial year 2014.