Magnum Ice Cream Announces Outcome of Foundation Plan Vote

The Magnum Ice Cream Company N.V., the world's leading ice cream business, has announced the outcome of a significant shareholder vote at its Annual General Meeting (AGM) held on May 7, 2026. While 77.37% of shareholders voted in favor of adopting the Foundation Plan for Growth, the company is required to provide an update statement due to the 20.63% of votes against the resolution.

The Foundation Plan for Growth was developed through extensive engagement with shareholders and governance bodies. The company’s board believes the plan balances accountability, ownership mindset, alignment with shareholder interests, and long-term value creation. The plan includes a downside risk for senior leaders through direct co-investment, which the board views as a key component of the plan.

Following the AGM, the board continued to engage with shareholders, taking into account their feedback. Based on this engagement, the board concluded that no further actions are necessary at this time. The company expressed gratitude to all shareholders for their ongoing feedback and support.

The board will continue to engage with shareholders and their representative bodies and will provide further updates in the company’s 2026 Annual Report. The Magnum Ice Cream Company N.V. is headquartered in Amsterdam, The Netherlands, and operates in 80 markets worldwide, employing 19,000 people and managing 32 factories and 13 R&D centers.

The Foundation Plan for Growth is designed to enhance the company’s strategic direction and long-term sustainability. The plan aims to foster a culture of ownership and accountability among senior leadership, ensuring that key decision-makers are directly invested in the company’s success. This co-investment mechanism is intended to align the interests of senior leaders with those of the shareholders and the broader company goals.

The company’s commitment to transparent and inclusive governance is evident in its ongoing dialogue with stakeholders. By engaging in this process, the board seeks to ensure that the Foundation Plan for Growth is well-received and effectively implemented. The board’s approach reflects a balanced and collaborative approach to corporate governance, prioritizing the interests of all stakeholders.

In summary, the outcome of the shareholder vote and the subsequent engagement process underscore the company’s dedication to fostering a culture of ownership and accountability. The Foundation Plan for Growth is a key component of this commitment, and the board remains confident in its ability to drive long-term value creation for all stakeholders.