The Residential Fund is structured as an investment company with variable capital, as defined in article 2:76a of the Dutch Civil Code, with its corporate seat in Amsterdam, the Netherlands.

As of January 2014, Stichting Rabobank Pensioenfonds (Rabobank pension fund) became shareholder in the Fund. Due to the entry of the new shareholder, the Supervisory Board was replaced by a Shareholders’ Committee, according to the Fund terms.

As a result of the Fund’s fiscal investment institution (FII) status, Bouwinvest will distribute all of the net realised result to the shareholders through four quarterly interim dividend payments and one final dividend payment.

3 June 2014Payment interim dividend first quarter 2014, € 24.76 per share 2 September 2014Payment interim dividend second quarter 2014, €25.61 per share 2 December 2014Payment interim dividend third quarter 2014, € 26.49 per share 3

Bouwinvest La Guardiaweg 4 1043 DG, Amsterdam The Netherlands Investor Relations E: ir@bouwinvest.

MunicipalityStreet name/ property nameNo. of residential unitsNo.

Chairman of the Board of Directors and Statutory Director D.J. (Dick) van Hal (1958, Dutch) Dick van Hal has been Chairman of the Board of Directors since his appointment on 1 March 2008.

All amounts in € thousands unless otherwise stated Highlights 2014 Dividend return of 5.7% Relatively high occupancy rate of 89.9%; market average 84% Acquisition and redevelopment of Valina office building in Amsterdam city

Dividend return of 5.7% Relatively high occupancy rate of 89.9%; market average 84% Acquisition and redevelopment of Valina office building in Amsterdam city centre Acquisition Beurs-WTC Rotterdam and Citroën buildings in Amsterdam Total of new and