Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements An example of how Rabobank uses its network and knowledge in the Netherlands is the Altena project. Rabobank Altena, a local Rabobank again worked with a network of local stakeholders to show young people the many opportunities for employment, living and recreation in the area. Not only in the Netherlands, but also abroad we support local communities. Helping Hands In the United States Rabo Agrifmance employees receive two paid days off to volunteer their services to the community. Staff must donate one volunteer day to an eligible food or hunger- related organisation and are free to choose a good cause for the second day. RAF employees volunteered more than 3,700 hours in 2017.Through the RAF gift matching and FHelping Flands programmes, they donated more than USD 136,600 to local communities. Following the devastation caused by Flurricanes Flarvey and Irma in the South Eastern United States Rabo AgriFinance not only reached out to affected customers but also helped raise over USD 45,000 for American Red Cross disaster relief programmes with Wholesale Rural and Retail colleagues. Rabo International Advisory Services (RIAS) About 100 Rabobank employees went on an assignment for Rabo International Advisory Services (RIAS). RIAS is part of Rabo Development. Its mission is to provide developing societies with improved access to financial services, employing cooperative principles and banking expertise. For more information on RIAS see https://www.rabobank.com/en/ raboworld/articles/vou-can-real lv-make-a-difference-here.html. Supporting sport and culture Rabobank has a long-standing relationship with many Dutch sportclubs and cultural organisations. They play a vital role in people's living environments, improve social cohesion and help new talent be discovered. Being a member of a club or cultural group means participating in something with others.That is why they are at the centre of our sponsorship strategy. Sport clubs and cultural organisations have had difficult times as government funding is declining. Rabobank helps strengthen them financially. We are the largest local sponsor of Dutch (sport) events and run programmes to help them and cultural organisations become more self-sufficient. We discuss their ambitions and help them plan how to achieve them. To do this, we share our knowledge of creating a strong organisation, use our network to find new volunteers and provide funding to the club. Clubs are supported for a minimum of two years. Case: With the community for the community As a bank with deep roots in local communities, we are uniquely placed to bring together local stakeholders to address regional opportunities and challenges. Having the latest facts and figures at your fingertips is crucial. Last year, two local Rabobanks commissioned regional reports which set in motion concrete change through local cooperation. Rabobank Altena: real local cooperation and change Rabobank Altena - which represents the municipalities of Woudrichem, Werkendam and Aalburg - based its community outreach around the theme'work'after its study identified specific challenges in the areas of sustainability, care well-being, living liveability, and work, innovation education.'All of us - residents, business owners, government bodies and other institutions - must work together in a meaningful and effective manner,'says Rabobank Altena chairman Joan Wassink. Rabobank Arnhem en Omstreken: Collaboration for growth In Arnhem, the local Rabobank interviewed stakeholders to identify local challenges and opportunities for economic growth and improvement. The resulting report, called 'Arnhem Connect', pinpoints the growth opportunities in the region and the possibilities for greater collaboration. The chairman of the local Rabobank, Jan Ummenthum, explains that Rabobank Arnhem en Omstreken, as a bank committed to local communities will work with stakeholders to address the region's economic issues for the benefit of everyone. Rabobank Arnhem en Omstreken has set up four teams to explore opportunities for economic growth and installed an economic board to provide ongoing support. To that end, Rabobank Arnhem en Omstreken plans to use its newly-launched 'Arnhem Connect' newsletter to maintain momentum and inspire local stakeholders to work with the bank and the community to make the region stronger. DLL volunteering and fundraising DLL's various volunteering and fundraising activities have a meaningful impact on society. In 2017, 30% of DLL's global employee base volunteered their time and expertise to community projects. Rabobank Annual Report 2017 - Management report 51

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Annual Reports Rabobank | 2017 | | pagina 52