Dutch Corporate Governance Code
The Dutch Corporate Governance Code (the Code) is a code of conduct for listed companies. The Code contains principles and best practice provisions that regulate relations between the Board of Directors, the Supervisory Board and the (general meeting of) shareholders.
Although its shares are not listed on any stock exchange, de Volksbank has voluntarily applied the Code since 30 September 2015. In that respect, de Volksbank focuses mainly on compliance with the Code’s principles and best practice provisions pertaining to its Board of Directors, Supervisory Board and internal and external audits.
Reports in the annual report about compliance with the Code give a snapshot and are limited by definition. Please refer to this web page for an up-to-date and more detailed description of the way in which the Code is applied at de Volksbank and which exceptions there are.