GETRONICS’ EXTRAORDINARY GENERAL MEETING

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Overig advies 01/12/2006 14:32
In an Extraordinary General Meeting of Shareholders today in
Amsterdam, Klaas Wagenaar, CEO of Getronics N.V. will give
shareholders an update on the strategy of the company. Key elements of
the update are Getronics’ commitment to:
• Excellence – enabling its clients to increase their employees’
performance and to meet their business objectives through providing high
quality ICT services;
• Focus – focusing on maintaining Getronics’ leading market position in
the Netherlands, and strengthening its position in Belgium, the UK and the
US;
• Value – maximising value, and further lowering the risk profile of the
company by analysing all parts of its business outside its key markets in
the Netherlands, Belgium, the United Kingdom and the United States,
and, where appropriate, replacing non-core operations with local partners;
and
• Financial Strength – reducing the ratio of debt to EBITDA to 2 or less by
the end of 2008 by improving the operating margin and by reducing gross
debt.1

Excellence
The market and Getronics’ clients continue to demand services and solutions
that are high quality, cost-effective, and support a more centralised or remote
model. With the Future-Ready Workspace, Getronics is leading the way in
enabling workforce productivity, providing full support and services to its clients worldwide through its strong local presence and its Global Service Delivery Model. Getronics CEO Klaas Wagenaar will confirm Getronics’ focus on helping its

1 The ratio of debt to EBITDA is defined as gross debt (excluding Cumulative Preference Shares) divided by
Earnings Before Interest, Tax, Depreciation and Amortisation.

clients to maximise workforce productivity through its Future-Ready Workspace
proposition and applications services.
Getronics has publicly declared its intention to become one of the top three
companies in the world in workspace management. In 2006, Getronics has
moved from number five to number four in the list of top global workspace
management companies. The launch of the Future-Ready Workspace in
November has further strengthened its position in this area.
In addition, the company will continue to build on its expertise in applications services and professional and transformation consulting services to enable high performance enterprises by boosting workforce productivity
Focus and value The company will focus on maintaining its leading market position in the Netherlands and strengthening its position in Belgium, the UK and the US.
Getronics will continue to carry out reviews of its business outside the four key geographies to identify non-core operations. Where appropriate, these will be divested and added to Getronics’ long established Certified Service Partner
network. These divestments will lower the company's overall risk profile, support the market and our clients’ demands, and enable selected investments in key service areas or geographies.

Financial strength
In order to accomplish its objectives, in addition to its Portfolio services and strong market proposition, Getronics needs a strong financial position. This requires a sharper focus on its key markets and core capabilities. In particular, the company aims to reduce the ratio of debt to EBITDA to 2 or less by the end of 2008 by improving the operating margin and by reducing gross debt.

A clear and convincing strategy
In addition, the Chairman of the Supervisory Board, Rinus Minderhoud states:
‘In our view, the Board of Management has a clear and convincing strategy and should be given the opportunity to carry it through. We fully support the Board
of Management under the leadership of its CEO, Klaas Wagenaar.’

Agenda
At today’s Extraordinary General Meeting, shareholders will vote on some
changes to the company’s articles of association, including an increase of the
authorised capital. This will enable the Company to optimise its financing
structure.
The Extraordinary General Meeting can be followed online at Getronics.com or by
telephone on (NL) +31 45 799 0608 or (UK) +44 207 190 1232.



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