ORDINA PROVIDES UPDATE ON RESULTS OF INVESTIGATION

Nieuwegein, 9 October 2014

Ordina has for the time being completed its investigation into possible irregularities in public sector tenders and contracts in the period 2005-2010 as alleged recently in the Zembla television programme. Ordina cannot yet give any definitive results, since investigations, also by third parties, are still ongoing and yet to by instigated.

Ordina deeply regrets the recent reports and does not identify with the picture painted in the Zembla broadcast, which suggested that there were structural irregularities. The addendum to this press release contains a description of the provisional findings per case.

On 2 October last, Ordina announced that it could not be determined that there had been any irregularities in the two tender procedures for the Immigration and Naturalisation Department (IND) in 2006-2007 and 2009 that had been investigated. In addition, Ordina announced that a further four cases, which Zembla submitted on 29 August last, are now being investigated.

The Board of Management finds, based on the initial findings of the follow-up research, that there has been inappropriate behavior of a limited number of people in some cases. In two cases confidential information seems to have been shared. In another case, an Ordina employee was asked to remove an e-mail from the 'Sent items' box. This indicates that the person in question was aware that the content of the e-mail could be deemed unacceptable.

There was also, in some cases, informal contact between an Ordina employee, the client and/or their advisor relating to tenders. Although it has not been established that the latter conduct was inappropriate, it is best to avoid all appearance of wrongdoing and refrain from such informal contacts around tender procedures.

Several of the people who appear to have shared confidential information are no longer employed at or on Ordina's behalf. Ordina will also refrain from doing business with these persons in the future.

As a result of the above findings, Ordina is still investigating the actions of three people who are still employed at Ordina. Unacceptable conduct does not befit Ordina. It will not be tolerated. Ordina will take disciplinary action against all employees who are guilty of unacceptable or inappropriate conduct.

All cases relate to the period 2005/2009. The current Board of Management was not active at Ordina at that time. The Board of Management of Ordina therefore recognizes the importance of shared insights and open communications about the events in question and will obviously lend its full cooperation to all investigations, including any conducted by authorities. Ordina will also initiate its own further investigations should there be cause for same.