Proposed Appointment of Kees Storm as KLM Supervisory Director

AMSTELVEEN, May 31, 2002 å- The KLM Supervisory Board has proposed to appoint Kees J. Storm (59) as Supervisory Director. Upon ratification of his appointment, Mr. Storm will take the seat vacated by Jan-Willem Oosterwijk in July 2001.
Mr. Storm has an accounting background and was Chairman of the Board of Managing Directors of AEGON nv until the spring of 2002. The diversity of Mr. Storm’s experience will be of great value to the KLM Supervisory Board. The Board will ratify the appointment of Mr. Storm at the Annual General Meeting of Shareholders, to be held in Amstelveen on June 26, 2002.

After holding posts at Moret & Limperg and Koninklijke Scholten-Honig, Mr. Storm spent many years at AGO Holding nv and later AEGON nv. He currently holds seats on the Supervisory Boards of Koninklijke Wessanen nv (chairman), Laurus nv (chairman), de Drie Mollen Holding bv (chairman), Pon Holdings bv, Interbrew sa, and AEGON nv (effective July 2002). He is also vice-chairman of the International Insurance Society and co-chairman of the Global Advisory Committee of the Conference Board.