Corporate Governance

Pursuant to Section 96, paragraph 2 (1) of the Companies Code (amended through the Act of 6 April 2010 to promote good governance among listed companies) and the Royal Decree of 6 June 2010 regarding compliance with the Code on good governance by listed companies, WDP Comm. VA is required to comply with the Belgian Corporate Governance Code 2009.

WDP fully endorses the principles of good governance contained in the Belgian Corporate Governance Code of 12 March 2009, and uses this as a reference code. The Belgian Corporate Governance Code is available on the website www.corporategovernancecommittee.be. WDP makes every effort to comply at all times with these principles, with due regard for the size of the company and WDP’s specific management structure. For this reason, the corporate governance principles are relevant primarily to the management structure of the statutory management company. Integrity and correctness in business conduct has been a priority for the closed-end property investment company since its establishment. In addition, WDP is committed to creating a balance between the interests of its shareholders on the one hand and those of other parties who are involved either directly or indirectly with the company (the ‘stakeholders’) on the other hand.