The focus was on developing financial solutions for used and refurbished assets on top of DLL's existing financial solutions for new assets. In addition, DLL is working on the development of solutions in relation to the scrapping of end-of-life assets and the processing of the associated waste flows. DLL won the Leasing Life Award for 'Product and Service Innovation of the Year' for the third consecutive year. This time, the prize was in recognition of the LCAM partnership that the company entered into with Schmitz Cargobull AG. The Life Cycle Trailer Management programme developed by DLL and Schmitz Cargobull AG offers complete operational lease solutions for refurbished trailers and recycle solutions for end of life trailers.This new proposition means that the end users in this market are no longer the owner of the trailer, but is provides a response to the increasing demand for more flexible and usage-based solutions. DLL has entered into a joint venture with the Ellen MacArthur Foundation to share knowledge and further develop the LCAM business model. It has also written various white papers and blogs and developed a Linkedln showcase page on the sustainable added value of leasing. Moreover, for most of the asset categories funded by DLL the raw material value is determined and it is established which parts can be re-used. Clean Tech and green assets DLL has successfully achieved its strategy with respect to continuing to fund renewable energy and energy-efficient lighting projects. It has also further diversified its business in the Clean Tech industry. New solar energy projects in the US have been financed and DLL has expanded its lighting relationships with new business volume in five European countries. As part of this diversification, DLL funded projects in both water purification and waste processing. Agreements have also been signed for the financing of energy-efficient projects with two multi- billion euro industry leaders in the field in the energy efficiency arena. Several pilot studies and deals have been realised in the Netherlands, such as five ESCo (Energy Service Company) pilot deals, the funding of a thermal energy storage system and a deal for LED lighting. Lastly, DLL tested asset sharing in the earthworks and demolition industries in the Netherlands. Europe In Europe, DLL is not only involved in vendor finance, but through its subsidiary Athlon it is also involved in mobility. Athlon is a leading provider in the Netherlands of car leasing and mobility, with a fleet of approximately 105,000 vehicles. Athlon also operates in nine other European countries. Athlon's total lease portfolio consists of approximately 250,000 contracts. Athlon's primary objective is to provide for the mobility of its customers by offering innovative, sustainable and cost-efficient solutions. Athlon Privé Lease and Athlon Essential In 2014, Athlon gave private individuals the opportunity of easily leasing a vehicle on a subscription basis with its product Athlon Privé Lease. With the introduction of Athlon Essential, Athlon focuses on the essence of leasing: flexibility and beneficial. Mobility solutions and consultancy The employee benefits landscape has changed resulting in employees having a mobility budget. Athlon reflects this trend by offering the Mobility Card. In the Netherlands, Athlon also encourages its customers to drive more safely and reduce their C02 footprint through its e-Driver solution. Athlon Mobility Consultancy, which operates in the Benelux countries and France, supported approximately 75 companies with implementing a sustainable mobility policy. Annual Report 2014 Rabobank Group

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Annual Reports Rabobank | 2014 | | pagina 73