50. Remuneration of the Supervisory Board and the Managing Board - - - - About this Report Chairman's Foreword Corporate Management Report Appendices Governance Consolidated Financial Company Financial Statements Statements The members of the Supervisory Board and the Managing Board are listed in Section 55 of these Consolidated Financial Statements. Rabobank regards the members of the Managing Board and the Supervisory Board as key management personnel. The members of the Managing Board are among the identified staff as disclosed in Section 42. In 2018, the remuneration of members of the Managing Board amounted to EUR 10.2 million (2017 Executive Board: EUR 8.6 million).The increase is related to the expansion of the Executive board with six members to the Managing Board with ten members, from September 1, 2017 onwards. Amounts in thousands of euros Short-term Other Total employee benefits Post-employee benefits Pension scheme Individual pension contribution Berry Marttin 884 26 188 75 1,173 Jan van Nieuwenhuizen 884 26 188 1,098 Kirsten Konst 800 26 168 2 996 Wiebe Draijer 980 26 211 1,217 Mariëlle Lichtenberg 750 26 156 11 943 leko Sevinga 750 26 156 932 Bas Brouwers 884 26 188 3 1,101 Petra van Hoeken 884 26 188 1,098 Janine Vos 650 26 132 50 858 Bart Leurs 650 26 132 23 831 Total 2018 8,116 260 1,707 164 10,247 Members Managing Board 5,717 175 1,216 14 7,122 Former members Managing Board 1,178 34 252 8 1,472 Total 2017 6,895 209 1,468 22 8,594 Petra van Eloeken, member of the Managing Board, has laid down her role as Chief Risk Officer (CRO) per February 12019. Els de Groot took over her activities as CRO. In summer 2019 Petra will resign for her remaining tasks and her employment relationship with Rabobank will be terminated. Petra will receive a severance pay equivalent to one year's salary of EUR 884,000 and her regular individual pension contribution. At year-end 2018, there were a total of 2,761 DRNs (liability of EUR 78,554) outstanding with members of the Managing Board (year-end 2017 Managing Board: 1,963 pieces of which 486 regarding former members). The pension scheme for the members of the Managing Board is classified as a collective defined contribution scheme.The maximum income on the basis of which the members of the Managing Board can build up a pension amounts to a maximum, for 2018 ninety-nine thousand three-hundred and eighty foureuros. Any income exceeding this amount is not pensionable. As of January 1,2015, the members of the Managing Board therefore receive an individual pension contribution. Expenses related to members and former members of the Supervisory Board totalled EUR 1.2 million (2017: EUR 1.3 million). This includes VAT and employer's contributions payable. In addition to the role of Member of the Supervisory Board of Rabobank, the remuneration also depends on the roles in the various committees. The composition of these committees is detailed in the Annual Report.The remuneration structure as of October 1,2016 (exclusive of VAT and other charges) is: As of 1 October 2016 the fee structure (in euros): Fee Member 90,000 Chairman of Audit Committee, Risk Committee, Cooperative Issues qqq Committee, additional Chairman of Appointments Committee together with HR Committee, additional Vice chairman, additional 30,000 Chairman 220,000 The table below shows the remuneration (excluding VAT and other charges) for individual members of the Supervisory Board. Amounts in thousands of euros Remuneration Irene Asscher-Vonk 90 Leo Degle 90 Leo Graafsma (until April 18,2018) 33 Petri Hofsté 104 Arian Kamp 110 Jan Nooitgedagt 110 Ron Teerlink 220 Pascal Visée 90 Marjan Trompetter 140 Annet Aris (from December 12, 2018) 5 Total 2018 992 Total 2017 1,050 Annual Report 2018 - Consolidated Financial Statements 209

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Annual Reports Rabobank | 2018 | | pagina 211