Aegon Ltd. · EURONEXT:AGN

Aegon — Shareholder Meeting (May 2013)

11 slides from Aegon's shareholder meeting presentation, May 15, 2013

  1. Slide 1: Annual General Meeting of Shareholders Aegon N.V.

    The Hague - May 15, 2013 Annual General Meeting of Shareholders Aegon N.V. Jaarlijkse Algemene Vergadering van Aandeelhouders Aegon N.V.

  2. Slide 2: Transform Tomorrow

    Transform Tomorrow Jan Nooitgedagt, CFO & Member of the Executive Board

  3. Slide 3: Financial markets have improved, but remain challenging

    Financial markets have improved, but remain challenging Strengthening of equity markets Drop in financial market stress indicators (January 2008 = 100) 120 2 110 0 100 -2 90 80 -4 S&P 500 70 -6 FTSE 60 -8 AEX Bloomberg Financial 50 Conditions Index EU -10 40 Bloomberg Financial -12 Conditions Index

  4. Slide 4: Earnings up 17% on growth, cost reductions and favorable markets

    Earnings up 17% on growth, cost reductions and favorable markets Underlying earnings before tax  Americas: Earnings up on business (EUR million) growth and a stronger dollar  The Netherlands: Increase due to cost savings, lower funding costs, and the wind up of several contracts in Pensions 1,787

  5. Slide 5: Net income benefits from fair value items and investment gains

    Net income benefits from fair value items and investment gains Net income  Fair value items gain (EUR million)  Realized gains on investments  Lower impairments 1,571 872  Charge related to acceleration of product improvements for unit- 2011 2012 linked policies in the Netherlands  Book gains o

  6. Slide 6: Operating expenses reduced by 6% while investing in new propositions

    Operating expenses reduced by 6% while investing in new propositions Operating expenses  EUR 188 million in cost reductions (EUR million)  Non-recurrence of restructuring charges 3,442  6% lower year-on-year cost base 3,241  Cost reductions in Americas; successful restructuring programs in UK an

  7. Slide 7: Sales increase demonstrates strength of franchise

    Sales increase demonstrates strength of franchise Sales  New life sales increase 7% to (EUR billion) EUR 2 billion  Gross deposits 25% higher at EUR 39.5 billion 6.7  Accident & health and general 5.7 insurance up 18% to EUR 823 million 2011 2012  Focus on profitable new business demonstrated by

  8. Slide 8: Continued delivery of strong results in first quarter

    Continued delivery of strong results in first quarter Underlying earnings before tax Fee-based earnings Sales/MCVNB (EUR million) (% of UEBT) (EUR million) 1,758 1,813 1,738 461 445 35 36 33 439 204 232 125 Q1 12 Q4 12 Q1 13 Q1 12 Q4 12 Q1 13 Q1 12 Q4 12 Q1 13  Market consistent value new business

  9. Slide 9: Continued strong capital position at the end of the first quarter

    Continued strong capital position at the end of the first quarter Group US Netherlands UK IGD RBC ratio IGD Pillar I 224% ~485% ~265% ~120% Excess capital in holding: EUR 1.8 billion at end first quarter 2013 9

  10. Slide 10: 2012 a strong basis for the future

    2012 a strong basis for the future  Strong growth in earnings and profitable sales  Maintained strong capital position  Operating expenses reduced while investing in new propositions  Distribution expanded – new partners, platforms and on-line propositions Well positioned for the future 10

  11. Slide 11: Thank you – Dank u wel

    Thank you – Dank u wel 11

Aegon — Shareholder Meeting (May 2013) on 6ix