Resolutions of the Annual General Meeting of Shareholders

The Annual General Meeting of Shareholders (AGM) of Aegon N.V. was held today at the company head office in The Hague.

The following proposals were discussed with shareholders:  

Annual accounts
The AGM has approved the annual accounts for the financial year 2002.  

Final dividend 2002
The total dividend for the fiscal year 2002 was fixed at EUR 0.74 (2001: EUR 0.83) per common share of EUR 0.12 par value. After taking into account the interim dividend of EUR 0.37, the final dividend amounts to EUR 0.37 per common share and will be paid entirely in stock.

For every 25 shares held one new share will be paid. The stock fraction for the share dividend has been based upon the average price of the Aegon share on the Euronext Amsterdam Stock Exchange for the five trading days from 27 February up to and including 5 March. Aegon shares will be quoted ex-dividend on 23 April 2003. The final dividend will be payable as of 13 May 2003.  

Appointment Executive Board
As per today, the Supervisory Board has appointed Mr. Alexander R. Wynaendts (42) as a member of the Executive Board of Aegon N.V. The Supervisory Board formally announced the intended appointment to the AGM today. As announced on 20 March 2003, he will be responsible for business development and Aegon’s activities in Asia. Alexander Wynaendts will continue to be a member of the Board of Aegon UK and La Mondiale Participations and the Supervisory Boards of Aegon Hungary and Aegon Spain. Mr. Wynaendts began his career with Aegon in 1997.  

Appointment Supervisory Board
Aegon N.V. announced on 6 March 2003 its nomination of Mr. Leo M. van Wijk (56) to the Supervisory Board. Mr. Van Wijk was appointed to the Supervisory Board of Aegon N.V. today. He resigned from the Supervisory Board of Aegon The Netherlands on which he has served since January 1997.

Mr. Godert A. Posthumus (70) has stepped down as a member of the Supervisory Board today, because of reaching the statutory age of retirement in 2003.  

Changes to corporate governance
On March 20, 2003, Aegon N.V. proposed to change its corporate governance and to end its voluntary application of the Dutch large company regime. This proposal entails amendment of the Articles of Association of Aegon N.V., for which a quorum is required in the General Meeting of Shareholders representing more than half of Aegon N.V.’s voting shares. As this quorum was not attained today, an Extraordinary General Meeting of Shareholders will be held on a date that will be communicated in due course. In that meeting a quorum will not be required.