Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 We see opportunities for the coming period for a better connection between the different elements of our involvement. An example of this is the translation of our role and contribution via the round tables into concrete knowledge and understanding that we can apply in our daily client contacts. For example, we want to raise a fundamental issue in agriculture: that we not only work on a maximum yield per hectare, but also at the same time, on a better and more sustainable use of resources and water. As a financial institution, we work in multiple sectors.That is why we are dependent on a widely supported vision on sustainability in a chain. We integrate criteria that are created via a multi-stakeholder approach in our sector policy. For example, we require that customers who produce palm oil commit themselves to the criteria of the Roundtable on Sustainable Palm Oil (RSPO). Our involvement enables us to also provide a contribution to the enhancing of sustainability of a sector also outside of the direct sphere of influence of the client relationship. In addition, we collaborate with innovative customers and community partners on ambitious sustainability projects in food and agri value chains, projects that can inspire other parties to accelerate the enhancing of sustainability. In this way, we combine added value for the client with the acceleration of the enhancing of sustainability of the worldwide agriculture and food supply, which is happening in the various projects within the partnership of Rabobank and WWF. Overview often value chains and the role of Rabobank in 2015: Value Chain Beef Biomaterials Cocoa Coffee Dairy Forestry Palm oil Seafood Soy Member RT/lnitiative Global Roundtable Sustainable Beef (GRSB) Brazil Livestock Roundtable (GTPS) Associate member EU Bio-Based Industries Consortium Associate Member Dutch Biorefinery Cluster Member 4C Association Advisory Council Global Dairy Agenda for Action (GDAA) and Dairy Sustainability Framework (DSF) Banking Environment Initiative Member of Roundtable on Sustainable PO - Member of the Board of governors - Active in multiple working groups - Partner in Sustainable Seafood Finance initiative (SSF) - Partner to Global Salmon Initiative Member Roundtable Responsible Soy, President SugarCane Bonsucro Rabobank highlights 2015 - Active in discussions on Brazil guidelines for sustainable livestock production. - Participating in multiple meetings of the GRSB. - Organiser Agri meets Chemicals event at Rabobank. - Publishing studies on role of biobased economy. - Multiple deals with cocoa traders to support smallholders through supply chain finance with Rabobank Foundation. - Multiple partnerships with cocoa traders and companies, NGO's to support smallholders through supply chain finance capacity building of coops with Rabobank Foundation and Rabo Development. - Rabobank became member of the 4C Association. - Organiser of first high level coffee event together with SCTA where clients and stakeholders in in the coffee chain discussed strategic sustainability topics. - In 2015 we were asked to be an advisor on the further development and implementation of the DSF. - We also became advisor to the Dutch pilot under the DSF (one of the 6 pilots globally). - Working with WWF and Friesland Campina on biodiversity project for dairy farmers in the Netherlands. - As adopter of the soft commodities compact active in implementation group of BEI. - Promoting adoption of the BEI compact in producing countries through direct interactions and events. - Promoting uptake - FAR study on developments in market uptake - Founding member China WG on sustainable palm oil - Presentations in EU events to increase uptake - Increase Fl involvement - Monthly meetings FIs in RSPO - Promoting RSPO at Fl events in producing countries - Smallholder development - RIAS study on best practices in replanting to increase yields - Partnering with WWF to explore client-support in smallholder development - Promoting transparency for seafood companies and benchmarking CSR performance in SSF project. - Promoting ASC certification in salmon in Chile together with partner WWF. - Supply chain finance transactions for small fisheries to increase sustainability. - Rabobank (Olaf Brugman) re-elected president RTRS. - Driver for EU strategy on increasing uptake. - Speaker on multiple events as president of the RTRS. - Strengthen position of RTRS amongst off takers soy. - partnering with WWF in project to support sustainable soy production in Brazil. - Participating as member in various Bonsucro meetings. - Partnering with WWF in India to support sustainable sugar cane production. 61 Corporate social responsibility report

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Annual Reports Rabobank | 2015 | | pagina 62