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Summary of Annual General Meeting of Shareholders

The Hague, April 29, 2010

 

  • All resolutions of the Annual General Meeting of Shareholders adopted
  • Mr. Rob Routs succeeds Mr. Dudley Eustace as Chairman of the Supervisory Board
  • No dividend for 2009

 

Resolutions of the 2010 Annual General Meeting of Shareholders

The decisions made by the shareholders at the 2010 Annual General Meeting of Shareholders (AGM) include the following:

Annual accounts
The AGM adopted the annual accounts for the financial year 2009 and the members of the Executive Board and Supervisory Board were released from liability for their duties.

Authorizations Executive Board
The AGM has authorized the Executive Board to issue common shares, to restrict/exclude pre-emptive rights upon issuing common shares, to issue common shares under incentive plans and to acquire shares in the company.

Appointment independent auditor
Ernst & Young was appointed as the independent auditor for the Annual Accounts 2010.

Articles of Association
The AGM adopted the amendments to the Articles of Association of Aegon N.V.

New Executive Board Remuneration Policy adopted
A new Remuneration Policy for the members of the Executive Board was adopted. The policy will take effect from January 1, 2010.

Amendment to Supervisory Board Remuneration Policy adopted
The proposal to amend the Remuneration Policy for the members of the Supervisory Board was adopted.

Reappointment
Mr. K.J. Storm was reappointed as a member of the Supervisory Board for a term of four years as of April 29, 2010.

 

Mr. Rob Routs succeeds Mr. Dudley Eustace Chairman of the Supervisory Board

As previously announced, Mr. Dudley Eustace has stepped down as a member of the Supervisory Board. Mr. Rob Routs succeeds him as Chairman of the Supervisory Board.

 

Dividend 2009

Given the uncertain market environment, Aegon believes that it continues to be prudent to maintain a substantial capital buffer, as reflected in the strong capital position. Though impairments on the investment portfolio improved during the second half of 2009, they remained at elevated levels, which led to lower cash flows from Aegon’s operating units. Consequently, Aegon decided not to make a dividend payment on its common shares. Aegon’s dividend policy has not changed. It remains Aegon’s policy to pay adequate and growing dividends to the holders of common shares, depending on the company’s cash flow and capital position.