International Post Corporation is a cooperative association, with a cooperative holding company (Coöperatieve Vereniging International Post Corporation UA), incorporated in the Netherlands and an operational cooperative subsidiary company incorporated in Belgium. The corporate governance of the group is described in the Articles of Association and the General Terms and Conditions of the holding company.
The Articles of Association stipulate the company’s purpose, broad financial powers and duties, legal limits of liability, and the composition and powers of the Board and Annual General Meeting of Shareholders. The General Terms and Conditions outline the principles of share allocation, application for membership, the members’ responsibilities, financing and the procedure for making key appointments.