Corporate social responsibility report Introduction Our financial and social responsibility reports are bundled together in the Annual Review 2015 and the Annual Report 2015 published by Rabobank Group.This helps create a coherent overview of those relevant financial and social developments that are essential for Rabobank, its customers and other stakeholders. Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 The assurance covers three themes of the 2015 Corporate social responsibility report. Consequently, we are accounting for our performance in these areas in this part of the Annual Report: A. Our contribution to sustainable development B. Customer focus C. Empowered employees The choice of subjects in these sections is based on our value creation model and a materiality analysis. This analysis is an inventory of events and subjects that are essential for Rabobank and our stakeholders. A complete graphic overview is included in the Annual Review.The subjects in the materiality analysis are almost all covered in the corporate social responsibility reporting, with the exception of two new material topics for 2015: 'financial laws regulations' and 'corporate governance'.These two topics are addressed in the sections Risk management and Corporate governance in the Annual Report, but are outside the scope of social responsibility reporting.This document is based on the sustainability goals of our Sustainably Successful Together memorandum, which describes the bank's sustainability agenda. The contents of Rabobank's Corporate social responsibility report (with the exception of references to sources and documents) have been fully verified by KPMG Sustainability and classified in their assurance report as having a so-called reasonable level of assurance.This part of the document contains the sustainability report, the reporting principles and the auditor's opinion. The Annual Report is published externally, primarily online on Rabobank.com.The information in the Annual Report is intended for members, customers, employees, investors, social welfare organisations, policymakers, academics and other interested parties. The 2015 Corporate social responsibility report is based on the G4 guidelines for sustainability reporting produced by the Global Reporting Initiative (GRI) in accordance with the 'Comprehensive'option. In addition, we have included supplementary reporting criteria from the Financial Services Sector Supplement (FSSS) published by GRI. Appendix 5 of this Corporate social responsibility report includes a table with about the GRI guidelines. 51 Corporate social responsibility report

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Annual Reports Rabobank | 2015 | | pagina 52