Wolters Kluwer Shares Insights from 2023 Annual Report, Emphasizing Sustainability and Financial Performance

Wolters Kluwer

(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has released its 2023 Annual Report, providing insights into its financial and non-financial performance, including Environmental, Social, and Governance (ESG) achievements. The report features the company’s initial double materiality assessment, follows European Sustainability Reporting Standards (ESRS) guidelines, and includes expanded details on sustainability matters such as greenhouse gas emissions. The Annual General Meeting of Shareholders (AGM) is scheduled for May 8, 2024, where the adoption of the 2023 financial statements and other agenda items will be proposed. The AGM will be held in a hybrid format, enabling both virtual and in-person participation.

(PRESS RELEASE) ALPHEN AAN DEN RIJN, Netherlands, 6-Mar-2024 — /EuropaWire/ — Today, Wolters Kluwer N.V. (AMS: WKL), global provider of professional information, software solutions, and services in health, tax & accounting, ESG, finance, compliance, and legal, has released its much-anticipated 2023 Annual Report, now accessible on the Wolters Kluwer website. This comprehensive report offers a deep dive into Wolters Kluwer’s financial and non-financial performance throughout 2023, shedding light on the company’s Environmental, Social, and Governance (ESG) accomplishments.

Nancy McKinstry, CEO and Chair of the Executive Board, expressed her thoughts on the achievement, stating, “The passion and commitment of our global team allowed us to deliver on our goals. Achievements included the creation of our new Corporate Performance & ESG division, plans to advance our own sustainability performance, and investments in advanced technology, such as Artificial Intelligence. We are focused on delivering value for our customers, offering rewarding careers for our employees, and driving sustainable growth.”

In a significant stride towards transparency and accountability, this year’s Annual Report features Wolters Kluwer’s inaugural double materiality assessment, conducted in accordance with the European Sustainability Reporting Standards (ESRS) guidelines. Furthermore, the report offers expanded insights into material sustainability matters, encompassing the company’s complete scope 1, 2, and 3 greenhouse gas (GHG) emissions. Notably, the sustainability statements are structured following ESRS guidelines, aligning Wolters Kluwer with the Corporate Sustainability Reporting Directive (CSRD) and ESRS compliance for the forthcoming 2024 Annual Report.

For enhanced accessibility and regulatory compliance, an XBRL version in the European Single Electronic Format (ESEF) is readily available on the Wolters Kluwer website.

Mark Your Calendar: Annual General Meeting of Shareholders Scheduled for May 8, 2024, the Annual General Meeting of Shareholders (AGM) will propose the adoption of the 2023 financial statements, featured in the newly released Annual Report.

The complete AGM agenda, accompanied by explanatory notes and the convocation notice, is now accessible on the Wolters Kluwer website. Among the agenda highlights is a proposal to distribute a total dividend of €2.08 per ordinary share for the 2023 financial year, with a final dividend of €1.36 per ordinary share. Additionally, proposals include the appointment of Mr. David Sides and the reappointment of Mr. Jack de Kreij and Ms. Sophie Vandebroek as members of the Supervisory Board. Moreover, agenda items encompass an amendment of the Articles of Association and the adoption of the remuneration policy for Supervisory Board members.

Adhering to evolving norms, the AGM will be conducted in a hybrid format, allowing shareholders to participate, pose questions, and cast votes virtually or in person.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Forward-looking Statements and Other Important Legal Information

This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by global pandemics, such as COVID-19; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).

Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.

Media contact:

Paul Lyon
Senior Director, External Communications: Global Branding & Communications
Wolters Kluwer
paul.lyon@wolterskluwer.com
+44 2031976586

Meg Geldens
Vice President, Investor Relations
Investor Relations
meg.geldens@wolterskluwer.com
+31 172 64 1407

SOURCE: Wolters Kluwer N.V.