Members:
AJ.A.M. Vermeer, Chairman
I.P. Asscher-Vonk
A. de Bruijn
W. Dekker
L.O. Fresco
L. Koopmans
C.P. Veerman
MJ.M.Tielen
Cooperative Affairs Committee
The Cooperative Affairs Committee (CAC) helps the Supervisory Board prepare for its
decision-making in relation to the Executive Board's policy plans for cooperative issues
affecting the local Rabobanks and Rabobank Nederland. This Committee also makes
preparations for the Supervisory Board's discussion of policy documents involving corporate
social responsibility (CSR).
In 2012, the issues looked at by the CAC included developments at Rabo Development, the
suitability check for members of Supervisory Committees at local level and the moral and
ethical declaration. Other areas of focus were the Strategic Framework 2013-2016 and the
co-making groups. In addition, further developments in sustainability policy were the subject
of extensive debate. The CAC also talked about the sustainability sections of various reports
and of the Annual Report 2011, and exchanged ideas with the Executive Board about the
further implementation of sustainability targets in the bank's operations.
The CAC spoke several times about Rabobank's role and position as a global food and agri
bank, the bundling of food and agri knowledge at Rabobank, global food security,
management of the global food chain, and Rabobank's role in these issues. The CAC also
explored the design and effectiveness of the Rabobank Project Fund and learned about
Rabobank's engagement philosophy.
Finally, the CAC spoke about how Rabobank gave interpretation to 2012 having been
declared the International Year of Cooperatives by the United Nations.
Members:
L. Koopmans, Chairman
I.P. Asscher-Vonk
W. Dekker
L.O. Fresco
AJ.A.M. Vermeer
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. In 2012, the Committee prepared the appointment of Mr Van
der Linden to the Executive Board of Rabobank Nederland. He replaced Mr Van Schijndel after
his retirement on 1 December 2012. The Committee also advises the Supervisory Board on
senior management appointments at Rabobank Nederland and its affiliated entities, and
addresses the full spectrum of'management and talent'issues in preparation of their
discussion in Supervisory Board meetings.
Members:
I.P. Asscher-Vonk, Chairman
W. Dekker
L.O. Fresco
L. Koopmans
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. Operating within the parameters of
the remuneration policy adopted by the Central Delegates Assembly and based on the
assessment by the Supervisory Board of the performance of the Executive Board and its
individual members, the Remuneration Committee conducted an extensive review in 2012 of
the remuneration proposals (including those for variable remuneration) for the individual
members of the Executive Board. The Committee also considered the pay structure for lower-
echelon employees and other pay-related aspects that emerge from the Dutch Banking Code
and DNB's Regulations on Restrained Remuneration Policy, and their transposition into the
Group Remuneration Policy. To find out more about Rabobank Group's remuneration policy,
please consult the section on employees.
Members:
MJ.M.Tielen, Chairman
I.P. Asscher-Vonk, Deputy Chairman
S.L.J. Graafsma
A. de Bruijn
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. In 2012, one
dispute was referred to the Appeals Committee, which issued its advisory opinion to all
members of the Supervisory Board.
Utrecht, the Netherlands, 25 February 2013
The Supervisory Board
105 Report of the Supervisory Board of Rabobank Nederland
