Governance Regulations for Stichting Cordaid and Stichting ICCO Regulations for Management & the Supervisory Board Preamble

one member on the recommendation of the executive committee (‘het moderamen’) of the general synod of the Protestant Church in the Netherlands, which recommendation will be made on the recommendation of the board of the service organisation (‘de Dienstenorganisatie’) of the Protestant Church in the Netherlands. [...] These Governance Regulations are a combination of the Management Regulations (Regulations for the Board of Directors) and the Regulations for the Supervisory Board, and they expand on the provisions related to the Board of Directors and the Supervisory Board that are set out in the Articles of Association1. [...] Reference is made to the following arrangement for the relationship with the Protestant Church in the Netherlands: - the right of the executive committee (‘het moderamen’) of the general synod of the Protestant Church in the Netherlands to recommend a member of the Supervisory Board Every year, or more often if deemed necessary, a delegation of the Supervisory Board and the Board of Directors will. [...] Decisions to enter into transactions whereby conflicts of interests of the members of the Board of Directors or the members of the Supervisory Board could play a part should be declared immediately to the Chair of the Supervisory Board and require the approval of the Supervisory Board. [...] The Supervisory Board can decide that a delegation from among its members will speak with one or more individual members of the Board of Directors, whether or not in the presence of the Chair of the Board of Directors, about either the state of affairs within the organisation or the performance of the Board of Directors.