Bouwinvest received a management fee totalling € 38.5 million in 2018 (2017: € 34.3 million), consisting of € 38.3 million (2017: € 33.3 million) based on the invested capital.

The pension fund costs chargeable to the financial year can be broken down as follows:

There were no significant events after the balance sheet date.

Amsterdam, 20 March 2019