EXPLANATORY NOTE
to the amendment of the articles of association
of COOPERATIEVE RABOBANK U.A.(RABOBANK)
On the 13th of December 2017 the General Members'' Council of Rabobank
resolved to amend the articles of association of Rabobank. Following that
resolution the articles of association were amended with effect from 1
January 2018, by a notarial deed executed on the 29th of December 2017 before
a civil law notary.
End CA:00312981 For:RCS Type:GENERAL Time:2018-01-12 08:30:43