51. Commitments and contingencies

A declaration of guarantee based on article 2:403 of the Dutch Civil Code has been issued by ForFarmers N.V. for the benefit of ForFarmers Nederland B.V., ForFarmers Corporate Services B.V., PoultryPlus B.V. and Reudink B.V.

For the acquisition of BOCM PAULS Ltd. (United Kingdom), guarantees have been issued amounting to €45 thousand (2017: €0.1 million).