Remuneration committee

The remuneration committee is responsible for preparing the supervisory board’s resolutions regarding remuneration, including those affecting the risks and the risk management of BinckBank. The remuneration committee also prepares the decision-making proces of the supervisory board with regard to the selection and appointment of members of the board and supervisory directors. For the supervisory board, the remuneration committee’s members are currently Mr Van der Steen (chair), Mr Princen and Mr Kyhl. The chairman of the executive board and the manager of Human Resources also sit on the remuneration committee.

The chairman of the executive board provides the remuneration committee with information. The remuneration committee is independent and has sufficient expertise with reference to the remuneration policy, the remuneration culture and the circumstances and motivations whereby undesirable incentives to make decisions that conflict with the conservative management of risk, capital and liquidity could arise.