• The articles of association have been amended.
• The internal rules of the Executive Board and Supervisory Board have been brought up to date.
• SNS REAAL no longer has depository receipts for shares.
• The composition of the board of Stichting Beheer SNS REAAL has been changed fundamentally. Now a minority of the board members is also a member of the SNS REAAL Supervisory Board.
• The appointment schedule for Supervisory Board members has been limited to three terms of four years. The current Supervisory Board members are allowed to be reappointed only twice, for a period of four years.
• A Remuneration committee and an Appointments committee have been set up.
• A Risk committee has been set up in addition to the Audit committee.
• A whistleblower's procedure has been established and implemented.
• A Code of Conduct has been established and implemented.

In some areas SNS REAAL does not comply with the Code. More information on these aspects is available in our Annual Report.