The Annual General Meeting of Shareholders (AGM) of Aegon N.V. was held today at the company's head office in The Hague.
The decisions taken by the shareholders include the following:
Reappointment in the Executive Board
Mr. A.R. Wynaendts was reappointed as a member of the Executive Board for a term of four years as of April 25, 2007.
Supervisory Board changes in composition
Mr. L.M. van Wijk was reappointed as a member of the Supervisory Board for a term of four years as of April 25, 2007.
Mrs. K.M.H. Peijs was appointed as a member of the Supervisory Board for a term of four years as of April 25, 2007.
Mr. A. Burgmans was appointed as a member of the Supervisory Board for a term of four years as of April 25, 2007.
The AGM adopted the annual accounts for the financial year 2006 and the members of the Executive Board and the Supervisory Board were released from liability for their duties.
Final dividend 2006
The total dividend for the financial year 2006 was fixed at EUR 0.55 per common share of EUR 0.12 par value. Taking into account the interim dividend of EUR 0.24, the final dividend amounts to EUR 0.31 per common share and will be paid entirely in cash or entirely in common shares, at the option of the shareholder. The stock fraction for the final dividend in common shares will be determined by the Executive Board, based upon the average price of the Aegon share as quoted on the Euronext Amsterdam Stock Exchange, calculated over the five trading days from May 10, 2007 through May 16, 2007. Aegon will purchase an equivalent amount of stock on the open market to neutralize the dilutive effect of the stock dividend.
New Aegon N.V. Executive Board Remuneration Policy
The new Aegon N.V. Executive Board Remuneration Policy was adopted as proposed. It will be effective as from January 1, 2007.
Withdrawal of 11,600,000 common shares, repurchased in 2006
The AGM resolved to withdraw of 11,600,000 common shares, repurchased in 2006 to neutralize the dilutive effect of the interim dividend in stock, and to reduce the paid in capital accordingly.
Amendment to the Articles of Incorporation
The Articles of Incorporation were amended as proposed. The amendment mainly deals with incorporating new legal provisions aimed at facilitating electronic communication with shareholders.
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 related to incentive plans and to acquire shares in the company.