The Management Board of ABN AMRO Clearing consists of four members:

• Rutger Schellens - Chief Executive Officer

• Lieve Vanbockrijck - Chief Financial Officer

• Jan Bart de Boer - Chief Commercial Officer

• Frederik ten Veen - Chief Risk Officer

The Supervisory Board supervises the Management Board as well as the general course of AACB affairs and those of its affiliated entities. In addition, the Supervisory Board assists the Management Board by rendering advice. In performing their duties, Supervisory Board members are guided by interests and continuity of AACB and its affiliated entities, taking into consideration the interests of all AACB stakeholders and society at large. Several powers are vested in the Supervisory Board, including approval of certain resolutions proposed by the Managing Board. The Supervisory Board meets at least four times per year and whenever any Supervisory Board member deems necessary.

Appointment, suspension and dismissal

An overview of the current composition of the Supervisory Board can be found below. Most Supervisory Board members are employed by ABN AMRO Bank and do not receive separate compensation for AACB Supervisory Board membership. Supervisory Board members are appointed and may be suspended or dismissed by the General Meeting.

Sarah Russell - Chairman of the Supervisory Board

Since 20 April 2022, Sarah was also appointed to the ABN AMRO Supervisory Board and as Chair of the Audit Committee. She has built an extensive international career in financial services since starting in 1981 at Toronto Dominion in Australia. Sarah joined ABN AMRO in 1994, holding senior roles including CFO of the Wholesale Clients Business and CEO of ABN AMRO Asset Management until 2008. From 2010 until 2019, she served as CEO of Aegon Asset Management and was a member of AEGON N.V.’s Managing Board from 2016. Throughout her career, she has also held numerous non-executive and supervisory board positions across Europe and the U.S., including roles at APG Groep and its subsidiary APG Asset Management, The Currency Exchange Fund, Nordea Bank, and La Banque Postale Asset Management.

Hans Hanegraaf - Member of the Supervisory Board

Having held a large variety of positions both in the Netherlands and abroad, Hans has amassed up to 30 years of experience in international banking. Currently he is the Chairman of the Management Board of Bethmann Bank AG in Frankfurt, one of the largest private banks in Germany in terms of assets under management. Prior to working in Germany, Hans served as the Country Executive of ABN AMRO Singapore from 2014 to 2017. Before embarking on these international postings, Hans served as the CEO of Commercial Banking of ABN AMRO N.V. in Amsterdam from 2010 to 2014.

Frank Graaf - Member of the Supervisory Board

Frank Graaf was appointed to the Supervisory Board of ABN AMRO Clearing Bank N.V. on 22 June 2020. Frank Graaf is currently Of Counsel at Clifford Chance, a global law firm, having been a partner and the Head of the Capital Markets, Financial Regulation and Derivatives Group at Clifford Chance in Amsterdam for more than 27 years.

Nathalie Fradin Depauw - Member of the Supervisory Board

Nathalie started her career at Société Générale, beginning in Inspection before moving into senior risk roles, including Chief Risk Officer of SG Equipment Finance USA. She later joined HSBC in Hong Kong as Senior Manager for Wholesale Credit Risk and then became Global Head of Risk Identification for wholesale clients. Moving back to France, she led credit monitoring and transformation for Société Générale’s CIB clients and subsequently organized the merger of all portfolio credit risk analysis teams for nonretail clients into a single department. Since December 2021, Nathalie has been Chief Risk Officer France and a member of the Executive Committee at Banque Neuflize OBC.

Eric Drok - Member of the Supervisory Board

Eric is an experienced Executive, Non-Executive board member and ex Banking CEO. He has a strong Retail- and Corporate banking background and has had postings all over the world. He currently serves as an Operating Partner at Hg, a specialist private equity investor focused on software and service businesses. Eric currently also holds several supervisory board member positions in various financial institutions including CBA Bank(Europe) NV ,Cooperatie The Greenery UA, and Fair Trade Nederland . Eric also recently served as the Chairman of the Supervisory Board of Flow Traders N.V. from 2015 to 2021, prior to which he also held several Non-Executive Board Membership postings in Banking and Service Industry across different banks in Belgium, Zambia, Poland, Australia and New Zealand.

Marcel Prins - Member of the Supervisory Board

Marcel Prins was appointed to the Supervisory Board of ABN AMRO Clearing Bank N.V. on 1 January 2025. Marcel currently is Chief Operations Officer at Robeco where he is responsible for driving the digital transition within the organisation. Marcel is passionate and curious about Big Data, AI, and Machine Learning and uses this to help improve organisational capabilities an maximise performance.