2015 Financial Statements and Dividend

The financial statements for the year 2015, 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 in March 2016 by the Audit Committee and the external auditor in the presence of the Management Board and approved by the Supervisory Board.

Over the financial year 2015, GrandVision paid an interim dividend of €0.14 per share in September 2015. The Supervisory Board recommends to the Annual General Meeting of Shareholders to approve the proposal of distribution of a final dividend of €0.14, resulting in a total dividend of €0.28 for 2015.

The Supervisory Board recommends that the Annual General Meeting adopts the 2015 Financial Statements and discharge the Management Board and the Supervisory Board from liability for their management in the year under review and the supervision, respectively.

Schiphol, 15 March 2016

On behalf of the Supervisory Board

Kees van der Graaf, Chairman