Mission and vision

In December 2014, the Board of the Avery Dennison Pension Fund adopted the following mission and vision. This mission and vision serve as a leading guideline for all objectives the fund pursues and the efforts the fund makes in this regard.

Mission
The Avery Dennison Pension Fund wants to prudently interpret the pension agreement that the employer has entered into with its (former) employees. The agreement must be executed in a professional and customer-friendly way and as efficient as possible. The objective is to be a reliable pension fund that can fulfil its financial obligations and ambitions now and in the future. To this end, it invests the entrusted funds in a responsible manner and with an appropriate risk profile.

Vision
The Avery Dennison Pension Fund bases its right to exist on the vision that a collective and solidarity-based system of pension provision produces better results than an individual system. By bearing the costs of the pension administration collectively and sharing the risks jointly, and on the basis of a wellconsidered balance of interests, the wish is met to attain the most secure and highest pension possible for all pension fund participants in the long term. In doing so, being fully open, transparent and willing to be accountable form the basis of confidencein the fund.

The pension sector is still very much in motion, which creates uncertainty. The challenge is to meet the expectations of all stakeholders. The Board is aware of the challenges that await us as a company pension fund and is committed to dealing with these challenges openly and proactively.