SAAT

Foundation for the Administration of Triodos Bank Shares

The Foundation for the Administration of Triodos Bank Shares (SAAT) has all Triodos Bank NV’s shares under its management. It issues depository receipts to private individuals and institutions who want to participate in the Bank’s equity. The depository receipts for shares are registered and non-exchangeable.

This structure was chosen to protect Triodos Bank’s identity and mission. Recent events in financial markets internationally have shown again how important this protective structure is. The credit crisis has demonstrated the value and prudence of Triodos Bank’s sustainable approach to banking – lending only to ethical organisations working in the real economy. It presents an - extra opportunity to strengthen awareness about Triodos Bank’s mission and objectives.

Voting rights are exercised by the Board of SAAT at the Triodos Bank Annual General Meeting. The Board is guided by the ethical objectives of the Bank as contained in the Articles of Association and formulated in the mission statement. The Board is independent, but plays an important role in maintaining the integrity of the bank. To avoid conflicts of interest members of - Triodos Bank’s Executive Board and Supervisory Board are not allowed to serve on the Board of SAAT. The directors are appointed by, and report to, the Annual General Meeting of Depository Receipt Holders.

Board of SAAT 

mr. L.M. Rutgers van Rozenburg (1947), Chair

Max Rutgers van Rozenburg is Managing Director of Human Engineering, a firm for interim management. He is also Chairman of the Supervisory Board of Biodynamic Farmland Foundation, Chairman of the Board of the Kingfisher Foundation for Phenomenology and Goethean Science, Chairman of the Board of the Stichting PassieProjecten, Member of the Board of the Anthroposophical Society in The Netherlands, Chairman of the Board of the Treatment Centre for Integrative Medicine and Member of the Board of Stichting Triodos Holding.

Max Rutgers van Rozenburg was first appointed in 1998 and his present term of appointment expires in 2013. He is of Dutch nationality and owns 346 Triodos Bank depository receipts.

ms. M.E. van Boeschoten (1946)

Marjatta van Boeschoten is the Principal of Phoenix Consultancy and a solicitor of the Supreme Court. Marjatta van Boeschoten was first appointed in 2009 and her present term of appointment expires in 2012. She was also on the Triodos Bank Supervisory Board from 2001 to 2009. Her nationality is British and she owns one Triodos Bank depository receipt.

mr. F. de Clerck (1945)

Frans de Clerck is a former Member of the Executive Board of Triodos Bank. He is a Member of the Board of Stichting Triodos Holding. He is also a member of the Supervisory Board of Cenergie cvba (chairman), De Foyer vzw, Boss Paints NV, Hélène De Beir Foundation and Fonds Celina Ramos (chairman) in Belgium.

Frans de Clerck was first appointed in 2010 and his present term of appointment expires in 2013. He is of Belgian nationality and owns 6 Triodos Bank depository receipts.

mr. L.A. Espiga (1950)

Luis Espiga is the Director of Triform & Associates and a Consultant in Organisations, Development and Human Resources in Spain. He is also Member of the Board of the Rudolf Steiner Foundation Spain.

Luis Espiga was first appointed in 2007 and his present term of appointment expires in 2013. He is of Spanish nationality and owns 44 Triodos Bank depository receipts.

mr. J.T.M. Nijenhof (1945) 

Jan Nijenhof was coordinating vice president of the District Court of Haarlem until 1st April 2010. As from 1 April 2010 he is a substitute judge in the same court. He is also a Member of the Appeals Tribunal for Higher Education, lecturer for vocational training at The Netherlands Bar and Member of the Board of Stichting Triodos Holding.

Jan Nijenhof was first appointed in 2005 and his present term of appointment expires in 2011. He is of Dutch nationality and owns no Triodos Bank depository receipts.

ms. J. de Zwaan (1963)

Josephine de Zwaan was a lawyer for more than thirteen years, specialising in the field of major real estate projects. During the last five years of that period, she was a member of the partnership (CMS) Derks Star Busmann, where she was in charge of a team of real estate lawyers.

Since 2000, Josephine de Zwaan has been active in administrative and supervisory roles. In 2009, Jospehine de Zwaan was appointed Arbitrator for the Arbitration Tribunal Foundation for Health Care and Member of the Governance Committee of the Arbitration Board for Health Care.

Josephine de Zwaan is first appointed in 2010 and her present term of appointment expires in 2013.