Amsterdam/'s-Hertogenbosch, the Netherlands, 22 January 2024
Van Lanschot Kempen today announced its intention to issue EUR100 million of
Additional Tier 1 (AT1) notes in PerpNC5.7 format. The transaction will be
executed in the foreseeable future, subject to market conditions, and the notes
will be listed on Euronext Amsterdam. Currently, Van Lanschot Kempen has an AT1
instrument coming up for a first optional redemption on 1 April 2024.
Van Lanschot Kempen has mandated Morgan Stanley as sole lead manager for this
transaction.
With this announcement, Van Lanschot Kempen is publishing additional figures
related to the maximum distributable amounts (MDA) as of 30 June 2023, and 30
September 2023.
As at 30 June 2023
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                           CET1               Tier 1           Total capital
                      (consolidated)      (consolidated)       (consolidated)

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Maximum
distributable
amounts (MDA)
threshold (%) 9.9% 12.0% 14.9%
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Capital ratios (%) 21.6% 23.9% 27.4%
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Risk-weighted
assets (EUR million) 4,274
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MDA to buffer (%) 11.7% 11.7% 11.7%
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MDA to buffer (EUR
million) 500 500 500
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As at 30 September 2023
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                                                              Total capital
                       CET1  (solo /      Tier 1  (solo /         (solo /
                       consolidated)       consolidated)       consolidated)

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Maximum
distributable
amounts (MDA)
threshold (%) 10.2% / 10.8% 12.5% / 13.2% 15.5% / 16.5%
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Capital ratios (%) 16.3% / 18.9% 18.2% / 21.1% 21.0% / 24.6%
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Risk-weighted
assets (EUR million) 5,398 / 4,372
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MDA to buffer (%) 6.1% / 8.1% 5.7% / 7.9% 5.5% / 7.9%
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MDA to buffer (EUR
million) 332 / 354 309 / 347 296 / 347
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Media Relations
Maud van Gaal
T +31 20 354 45 85
mediarelations@vanlanschotkempen.com
(mailto:mediarelations@vanlanschotkempen.com)
Investor Relations
Judith van Tol
T +31 20 354 45 90
investorrelations@vanlanschotkempen.com
(mailto:investorrelations@vanlanschotkempen.com)
About Van Lanschot Kempen NV
Van Lanschot Kempen is an independent, specialist wealth manager active in
private banking, investment management and investment banking, with the aim of
preserving and creating wealth, in a sustainable way, for both its clients and
the society of which it is part. Through its long-term focus, it creates
positive financial and non-financial value. Listed at Euronext Amsterdam, Van
Lanschot Kempen is the Netherlands' oldest independent financial services
company, with a history dating back to 1737.
For more information, please visit vanlanschotkempen.com
Important legal information and cautionary note on forward-looking statements
This press release may contain forward-looking statements and targets on future
events and developments. These forward-looking statements and targets are based
on the current insights, information and assumptions of Van Lanschot Kempen's
management about known and unknown risks, developments and uncertainties.
Forward-looking statements and targets do not relate strictly to historical or
current facts and are subject to such risks, developments and uncertainties
which by their very nature fall outside the control of Van Lanschot Kempen and
its management. Actual results, performances and circumstances may differ
considerably from these forward-looking statements and targets.
Van Lanschot Kempen cautions that forward-looking statements and targets in this
press release are only valid on the specific dates on which they are expressed,
and accepts no responsibility or obligation to revise or update any information,
whether as a result of new information or for any other reason.
The figures in this press release have not been audited. Small differences are
possible in the tables due to rounding. Percentages are calculated based on
unrounded figures.
This press release does not constitute an offer or solicitation for the sale,
purchase or acquisition in any other way or subscription to any financial
instrument and is not a recommendation to perform or refrain from performing any
action.
Elements of this press release contain information about Van Lanschot Kempen NV
within the meaning of Article 7(1) to (4) of EU Regulation No. 596/2014.
This press release is a translation of the Dutch language original and is
provided as a courtesy only. In the event of any disparities, the Dutch language
version will prevail. No rights can be derived from any translation thereof.
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