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Resolutions of the Annual General Meeting of Shareholders

The Hague, April 22, 2004

The Annual General Meeting of Shareholders (AGM) of Aegon N.V. was held today at the company head office in The Hague. The following decisions were taken by the shareholders:

 

Annual accounts

The AGM has adopted the annual accounts for the financial year 2003 and the members of the Executive Board and the Supervisory Board were released from liability for their duties.

 

Final dividend 2003

The total dividend for the fiscal year 2003 was fixed at EUR 0.40 per common share of EUR 0.12 par value. After taking into account the interim dividend of EUR 0.20, the final dividend amounts to EUR 0.20 per common share and will be paid entirely in cash or entirely in stock, at the election of the shareholder. The value of the final dividend in stock will be approximately 5% higher than the value of the final dividend in cash. The stock fraction for the share dividend will be based upon the average price of the Aegon share on the Euronext Amsterdam Stock Exchange for the five trading days from 4 May 2004 up to and including 10 May 2004. The final dividend will be payable as of 18 May 2004.

 

Future annual reports in English

It is resolved that the official version of the annual report for 2004 and subsequent years will be drawn up in the English language. A translation in the Dutch language will be available.

 

Adoption of the remuneration policy of the Executive Board

The remuneration policy of the Executive Board for the years 2004 through 2006 has been adopted.

 

Supervisory Board changes in composition

Mrs. T. Rembe and Mr. O.J. Olcay have been re-appointed as a member of the Supervisory Board for a term of four years as of 22 April 2004.

Mr. R. Dahan, Mr. I.W. Bailey, II, and Mr. P. Voser have been appointed as a member of the Supervisory Board for a term of four years as of 22 April 2004.

Mrs. K.M.H. Peijs stepped down from the Supervisory Board on 20 May 2003, following her appointment as the Minister for Transport and Water Management in the Netherlands.

Mr. F.J. de Wit has stepped down as a member of the Supervisory Board in compliance with the Dutch Corporate Governance Code as of 22 April 2004.

Mr. H. de Ruiter has stepped down as a member of the Supervisory Board per the same date, because of reaching the statutory age of retirement in 2004.