Corporate governance

Supervisory Board

Duties

The Supervisory Board is responsible for overseeing the policy pursued by the Management Board and the operations under its management. It is also
the duty of the Supervisory Board to advise the Management Board, in the best interests of the company and its stakeholders, in both the short and long term, in addition to the responsibilities imposed on it by law and the Articles of Association.

Regulations governing the appointment and dismissal of members of the Supervisory Board

The members of BinckBank's Supervisory Board are appointed or reappointed by the General Meeting on the basis of a non-binding list of candidates drawn up by the priority shareholder. Supervisory Board members are appointed or reappointed for a term ending not later than the first shareholders' meeting held after the expiry of four years since the appointment or reappointment. Members of the Supervisory Board may be suspended or dismissed at any time by the General Meeting. A resolution to suspend or dismiss a member of the Supervisory Board must be supported by at least two-thirds of the votes validly cast which represent more than half of the issued capital.