pwc
The basis for our conclusion
We have performed our review in accordance with Dutch law, which includes the Dutch Standard 3810N
'Assurance-opdrachten inzake maatschappelijke verslagen' ('Assurance engagements on corporate social
responsibility reports'). Our responsibilities under this standard are further described in the section
'Our responsibilities for the review of the non-financial sustainability information' of this assurance
report.
We believe that the assurance information we have obtained is sufficient and appropriate to provide a
basis for our conclusion.
Independence and quality control
We are independent of Rabobank in accordance with the 'Verordening inzake de onafhankelijkheid van
accountants bij assurance-opdrachten' (ViO - Code of Ethics for Professional Accountants, a regulation
with respect to independence) and other for the engagement relevant independence requirements in the
Netherlands. Furthermore, we have complied with the 'Verordening gedrags- en beroepsregels
accountants' (VGBA - 'Code of Ethics for Professional Accountants, a regulation with respect to rules of
professional conduct').
We apply the 'Nadere voorschriften kwaliteitssystemen' (NVKS - 'Regulations for quality systems') and
accordingly maintain a comprehensive system of quality control including documented policies and
procedures regarding compliance with ethical requirements, professional standards and other applicable
legal and regulatory requirements.
Reporting criteria
The non-financial sustainability information needs to be read and understood in conjunction with the
reporting criteria. Management of Rabobank is solely responsible for selecting and applying these
reporting criteria, taking into account applicable law and regulations related to reporting.
The reporting criteria used for the preparation of the non-financial sustainability information are the
Sustainability Reporting Standards of the Global Reporting Initiative (GRI) and the internally applied
reporting criteria, as disclosed in Appendix 1: "About this report" and Appendix 2: "Methodology
Definitions of Non-Financial Key Figures" of the Annual Report. The absence of a significant body of
established practice on which to draw, to evaluate and measure non-financial information allows for
different, but acceptable, measurement techniques and can affect comparability between entities and
over time.
Limitations to the scope of our review
The non-financial sustainability information includes prospective information such as expectations on
ambitions, strategy, plans, estimates and risk assessments. Inherently, the actual results are likely to
differ from these expectations. These differences may be material. We do not provide any assurance on
the assumptions and the achievability of prospective information in the report.
The links to external sources or websites in the non-financial sustainability information are not part of
the non-financial sustainability information reviewed by us. We do not provide assurance over
information outside of the Annual Report.
Coöperatieve Rabobank UA. - EH44X5NCPJUJ-1288894667-935
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About this Chairman's Corporate Consolidated Financial Company Financial
Report Foreword Management Report Appendices Governance Statements Statements
