3 1 Remuneration of the Supervisory Board and the Executive Board - - - - - - Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3 In 2016, the remuneration of members and former members of the Executive Board amounted to 7.5 (2015: 6.4).The increase is related to the expansion of the board with one extra member. in thousands of euros Short-term employee benefits Post-employment benefits Other Total Pension scheme Individual pension contribution W. Draijer 980 25 212 1,217 B.C. Brouwers 884 25 189 1,098 R.J. Dekker 884 25 189 3 1,101 P.C. van Hoeken 663 19 142 824 B.J. Marttin 884 25 189 1,098 H. Nagel 884 25 189 1,098 J.L. van Nieuwenhuizen 884 25 189 1,098 Total 2016 6,063 169 1,299 3 7,534 Members Executive Board 4,257 128 908 5 5,298 Former members Executive Board 884 26 189 1 1,100 Total 2015 5,141 154 1,097 6 6,398 At year-end 2016, there were a total of 486 DRNs (liability of 16) outstanding with members of the Executive Board (year-end 2015:11,647 pieces of which 5,503 regarding former members). The pension scheme for the members of the Executive Board is classified as a collective defined contribution scheme. As of 1 January 2015, the maximum income on the basis of which the members of the Executive Board can build up a pension amounts to a maximum, for 2016 EUR 96,000. Any income exceeding this amount is not pensionable. As of 1 January 2015, the members of the Executive Board therefore receive an individual pension contribution. Expenses related to members and former members of the Supervisory Board total 1.2 (2015:1.2 of which former members 0.6). This includes VAT and employer's contributions payable. In addition to the role of Member of the Supervisory Board of Rabobank, the remuneration also depends on the roles in the various committees. The composition of these committees is detailed in the Annual Report.The remuneration structure as of 1 October 2016 (exclusive of VAT and other charges) is: The table below shows the remuneration (excluding VAT and other charges) for individual members of the Supervisory Board. in thousands of euros Remuneration W. Dekker (in office until 15 September 2016) 242 R. Teerlink 131 I.P. Asscher-Vonk 98 M. Trompetter 104 L.N. Degle 86 S.L.J. Graafsma 110 P.H.M. Hofsté (in office from 14 December 2016) 4 A.A.J.M. Kamp 91 E.A.J, van de Merwe (in office until 15 September 2016) 73 J.J. Nooitgedagt (in office from 14 September 2016) 32 P.H.J.M. Visée (in office from 14 December 2016) 4 Total 2016 975 Total 2015 1,030 At Rabobank, the Chairman of the Supervisory Board holds a number of roles which are related to the cooperative. These roles are specified in the Annual Report. in millions of euros Executive Board Supervisory Board Loans, advances and guarantees 2016 2015 2016 2015 Outstanding on 1 January 4.3 4.9 1.4 2.6 Provided during the year - 1.2 Redeemed during the year (0.8) (1.8) (0.1) (0.7) Reduction on account of leaving office - (0.9) Increase on account of taking office 0.6 - - 0.4 Outstanding on 31 December 4.1 4.3 1.3 1.4 As of 10ctober 2016 the fee structure (in euros): Fee Member 90,000 Chairman of Audit Committee, Risk Committee, Cooperative Issues Committee, additional 20,000 Chairman of Appointments Committee together with HR Committee, additional 20,000 Vice chairman, additional 30,000 Chairman 220,000 293 Other notes to the financial statements

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Jaarverslagen Rabobank | 2016 | | pagina 294