Inhoudsopgave Bestuursverslag Corporate governance Jaarrekening Rabobank Groep Jaarrekening Rabobank 33 If write-down, write-down triggers(s) If write-down, full or partial If write-down, permanent or temporary If temporary write-down, description of write-up mechanism Position in subordinated hierarchy in liquidation (specify instrument type immediately senior to instrument) Non-compliant transitioned features If yes, specify non-compliant features Partially discretionary Yes Noncumulative Non-convertible Partially discretionary: Required if the issuer makes payments on junior/pari passu securities or redeems, repurchases or otherwise acquires junior securities in the 12 months preceding the relevant Interest Payment Date, unless it is prohibited. Interest is prohibited if the relevant Solvency Rules prohibit payments on junior or pari passu securities. All other interest is payable at the Issuer's discretion, but subject to dividend pusher (for junior and pari passu instruments). Interest will be payable at the sole discretion of the issuer, except when payments on instruments exceed Distributable items, to the extent that applicable Solvency rules prohibit making payments or, if an Interest Cancellation Event has occured or could occur in the three following years such Interest Payment Date. Dividend Stopper for is not distribution is paid on this instrument. Partially discretionary Yes Noncumulative Non-convertible Full discretion to cancel interest payments. Any interest payment may not exceed distributable items. Partially discretionary No Noncumulative Non-convertible Partially discretionary No Partially discretionary Yes Noncumulative Noncumulative Non-convertible Non-convertible 392 Rabobank Jaarverslag 2015

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Jaarverslagen Rabobank | 2015 | | pagina 393