Adyen (ADYEN) AGM 2026 summary

Opening remarks and agenda

• Management and Supervisory Boards introduced, including new nominee Herna Verhagen.

• External auditors PwC and proposed new auditor EY present.

• Meeting procedures, language, and Q&A process explained.

Board and executive committee updates

• CFO Ethan Tandowsky announced his departure effective August 2026; search for successor initiated.

• Supervisory Board convened seven times in 2025, focusing on risk, strategy, and performance.

• Committees addressed culture, diversity, remuneration, and succession planning.

• Herna Verhagen appointed as Supervisory Board member and future Chair.

Financial performance review

• Net revenue for 2025 reached €2.36 billion, up 21% YoY (constant currency).

• EBITDA was €1.25 billion, up 26% YoY; margin increased to 53%.

• CapEx held at 5% of net revenue, focused on data centers and infrastructure.

• Strong balance sheet and A- credit rating maintained.