Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2016 amounted to € 0.2 million (2015: € 0.1 million).

The table below shows the fees charged over the year 2015 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Healthcare Fund.

The Fund has no significant subsequent events that need to be disclosed.

Amsterdam, 20 March 2017

Appropriation of profit is provided for in Article 20 of the new Articles of Association. This specific article is quoted below.

The Annual General Meeting of shareholders on 18 April 2016 adopted and approved the 2015 financial statements of the Healthcare Fund. A dividend of € 34,089 (in cash) per share has been paid.

The management of the Fund proposes to the General Meeting of shareholders that a dividend of € 54.06 (in cash) per share be paid for 2016.

To the shareholder of Bouwinvest Dutch Institutional Healthcare Fund N.V.