No matters were referred to the Appeals Committee in 2013. Several members of the Supervisory
Board served on two temporary committees in 2013. These were the Special Libor Committee,
established in 2012, and a committee in connection with the Rabobank Member Certificates.
Offsite meetings
The Supervisory Board held four offsite meetings in 2013.The first concerned feedback on the
results of the suitability assessment of the members of the Supervisory Board by representatives
of DNB.This consultation took place in mid-April 2013.The offsite meeting at the end of May 2013
focused on the self-assessment of the Supervisory Board, which had taken place earlier with
outside assistance in the spring of 2013. In the second half of August 2013, the Supervisory
Board spoke with an outside expert about the top structure of Rabobank Nederland. In mid-
November 2013, the Supervisory Board met to exchange views on current developments, partly
in response to the Libor case.
Sessions for continuing professional education and other training initiatives
As part of their continuing professional education, the members of the Audit, Compliance Risk
Committee received information on hedge accounting in the spring of 2013. In the autumn the
Risk Committee (in the presence of several members of the Audit Committee and the Executive
Board) received information on the quality of the mortgage loan portfolio of Rabobank and the
top risks identified by Rabobank and DNB.
The Supervisory Board attended four sessions for continuing professional education in 2013.
At the end of January 2013, the Supervisory Board received extensive information on relevant
current and future European regulations, their expected impact on Rabobank and on representing
Rabobank's interests in that connection. In March, the Supervisory Board performed an in-depth
review of the recovery plan that Rabobank had drawn up at the request of DNB, the possible
recovery measures and recovery capacity of Rabobank, the relationship with resolution
planning and the role of the Supervisory Board within the recovery and resolution framework.
At the start of October 2013, the Supervisory Board discussed megatrends in the food and agri
sector and the new food and agri strategy of Rabobank Group (Banking4Food) with several
internal and external experts, with a special focus on developments in Africa.These three sessions
for continuing professional education were also attended by members of the Executive Board,
as well as internal and external experts.The fourth continuing professional education session
for the Supervisory Board was held without the Executive Board being present. In mid-October
2013, the Supervisory Board, supported by a number of outside experts, extensively discussed
the subject of governance and the performance of the Supervisory Board in its various roles.
This included a consideration of the results of the evaluation of the performance ofthe
Supervisory Board for each role. At the start of June 2013, several members ofthe Supervisory
Board took up the invitation to attend a session for the continuing professional education of
the Executive Board on virtualisation and changing customer conduct. To supplement the
continuing professional education sessions, several members ofthe Supervisory Board took part
in conferences for Rabobank professionals organised by Group ICT and Group Risk Management.
In addition a familiarisation and induction programme was prepared for Mr Van Dalen and
MrTeerlink, who were appointed as members ofthe Supervisory Board of Rabobank Nederland
on 25 September 2013.
Summary of activities of the Supervisory Board in 2013
In accordance with its statutory duties and responsibilities, the Supervisory Board supervised the
policies pursued by the Executive Board and the general course of affairs at Rabobank Nederland
and its affiliated entities. In addition, it served as a sparring partner to the Executive Board.
Annual Report 2013 Rabobank Group
