Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements limited to a selection of the group divisions within or outside of the Netherlands, or when a less comprehensive view is being presented, this is indicated explicitly in the relevant report topic. Materiality Determining the topics for this year's report began with an analysis of the material themes identified in 2016. We defined a list of 18 topics on the basis of this evaluation. A materiality matrix was used to determine the relevance of topics for both Rabobank and our stakeholders. As such, the impact of each topic on Rabobank was determined based on Rabobank's strategic documents and validated by the Executive Board. The impact of each topic on stakeholders was validated by a thorough process of desk research and a big data analysis, including minutes from our stakeholder dialogue on 28 September 2017. The table below provides insight into how each topic is tied to the four strategic cornerstones. It also includes references to the chapter where we describe the management approach and performance per topic. Strategic pillar No Material topic Reference Rock-solid bank 1 Strong capital position Checking in on our financial targets Our progress on capital ratios Rock-solid bank 2 Improving performance Our financial performance Rock-solid bank 3 Flexible balance sheet Developments in the balance sheet Rock-solid bank 4 Conscious and careful risk return trade off Risk Management and Compliance Complete customer focus 5 Increasing customer satisfaction Our impact on customers (throughout the chapter) Complete customer focus 6 Restoring trust Our impact on customers (earning client trust) Complete customer focus 7 Stimulating transparency Our impact on customers (stimulating transparency) Complete customer focus 8 Digitizing and innovating services Our impact on customers (throughout the chapter) Complete customer focus 9 Big data privacy Our impact on customers(Ethics) Complete customer focus 10 Strengthen stakeholder engagement About Rabobank (Stakeholder engagement) Meaningfull cooperative 11 Supporting clients in sustainable development Our impact on customers (Sustainable impact for our customers) Meaningfull cooperative 12 Stimulating sustainable Food Agri Our impact on society (Promoting sustainable food supply) Meaningfull cooperative 13 Supporting vital communities Our impact on society (Supporting community vitality) Meaningfull cooperative 14 Encouraging entrepreneurship Our impact on customers (throughout the chapter) Meaningfull cooperative 15 Facilitate transition to a more sustainable and circular economy Our impact on customers (Promoting the circular economy) Empowered employees 16 Developing human capital and talent management Empowered employees (Craftsmanship/Talent) Empowered employees 17 Stimulating diversity and equality Empowered employees (Culture) Empowered employees 18 Fair remuneration and education Empowered employees (Remuneration) Continuous stakeholder dialogue We are committed to a strategic, constructive and proactive dialogue with all our stakeholders. We base the list of material reporting topics on specific dialogues we had during the year 2017 with the following stakeholder groups: clients, members, employees, non-governmental organisations, government agencies, politicians and supervisory bodies. We thus have a clear view of what our stakeholders believe is important. Rabobank Annual Report 2017 - Appendices 99

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Annual Reports Rabobank | 2017 | | pagina 100