Members
AJ.A.M. Vermeer, Chairman
I.P. Asscher-Vonk
A. de Bruijn
W. Dekker (from 17 June 2010)
S.E. Eisma (to 17 June 2010)
L.O. Fresco
P.F.M. Overmars (to 17June2010)
H.C. Scheffer (to 17 June2010)
L. Koopmans
M.J.M. Tielen
A.EI.C.M. Walravens
Cooperative Affairs Committee
The Cooperative Affairs Committee (CAC) helps the Supervisory Board prepare for its decision
making in relation to its supervision of the Executive Board's policy plans for the cooperative
structure of the local Rabobanks and Rabobank Nederland. This Committee also makes
preparations for the Supervisory Board's decision-making on corporate social responsibility
(CSR). In 2010, the issues discussed by the CAC included the switch-over by the local Rabobanks
to the Rabo Model for governance. The CAC also considered progress on the implementation
of the 'Rabobank 2010' programme for excellence in client services by the local Rabobanks, the
required support of that programme by Rabobank Nederland, and the tailoring of Rabobank
Nederland's own organisation to that programme via the 'Rabobank in the Netherlands in
2011project. With respect to client services, the CAC considered the new client service
model for insurance. The CAC talked about the final report of the internal Committee for the
Evaluation of Internal Financial Relations and considered the need for education among the
members of the Supervisory Board of Rabobank Nederland and the Supervisory Committees
of the local Rabobanks. The CAC also addressed the CSR section of the Annual Report 2009
and exchanged ideas with the Executive Board about the further implementation of CSR
targets in the bank's operations. Furthermore, the CAC considered Rabobank International's
rural and retail strategy, and the restructuring of Rabo Development. Together with the
Executive Board, the CAC extensively explored Rabobank's focus on the food and agri sector,
and considered ways in which Rabobank can put its expertise to the benefit of this sector.
Members
L. Koopmans, Chairman
I.P. Asscher-Vonk
W. Dekker (from 17 June2010)
L.O. Fresco
H.C. Scheffer (to 17 June 2010)
A.W.Veenman (to 17June2010)
AJ.A.M. Vermeer
A.H.C.M. Walravens
Appointment Committee
The Appointment Committee helps the Supervisory Board prepare for its decision-making in
relation to the composition of, and appointments and re-appointments to, the Supervisory
Board and the Executive Board. The Committee also advises the Supervisory Board on senior
management appointments at Rabobank and its affiliated entities, and addresses the full
spectrum of management and talent issues. The Appointment Committee discussed
appointments and re-appointments to the Supervisory Board. In addition, the Appointment
Committee advised the Supervisory Board on the profile for the Executive Board, which has
been changed to correspond with the provisions of the Banking Code.
Members
A.H.C.M. Walravens, Chairman
I.P. Asscher-Vonk
W. Dekker (from 17 June2010)
L.O. Fresco
L. Koopmans
H.C. Scheffer (to 17 June2010)
A.W.Veenman (to 17June2010)
AJ.A.M. Vermeer
Remuneration Committee
The Remuneration Committee helps the Supervisory Board prepare for its decision-making in
relation to the remuneration of the members of the Executive Board and the remuneration
policy for members of senior management. It also keeps close track of remuneration policies
pursued in the external market and advises the Supervisory Board on how to apply the
guidelines for remuneration policy in the banking sector. In 2010, operating within the
framework of the remuneration policy established by the Central Delegates Assembly, and
based on the evaluation of the performance of the Executive Board and its individual members,
the Remuneration Committee extensively reviewed the remuneration proposals (including
those for variable pay) for the individual members of the Executive Board. The Committee also
studied the pay overviews for lower-echelon employees and other pay-related aspects that
emerge from the Banking Code and from Rabobank's Vision on Remuneration.
Members
S.E. Eisma, Chairman
(to 17 June 2010)
M.J.M. Tielen, Chairman
(from 17 June 2010)
LP. Asscher-Vonk
S.L.J. Graafsma
(from 29 September 2010)
P.F.M. Overmars (to 17June2010)
Appeals Committee
The Appeals Committee acts as an advisory appellate body in disputes between local
Rabobanks or between one or more local Rabobanks and Rabobank Nederland. No disputes
were submitted to the Appeals Committee in 2010.
Activities of the Supervisory Board in 2010
In accordance with its formal duties and responsibilities, the Supervisory Board supervised
the policies pursued by the Executive Board and the general conduct of affairs at Rabobank
Nederland and its affiliated entities. In addition, it served as a sparring partner to the Executive
Board. Regular topics for discussion and approval were the annual and the interim figures,
operational and financial targets, strategy, corporate social responsibility, and the risks
101
Report of the Supervisory Board of Rabobank Nederland
