Prospectus supplement US007924AH66 - Aegon

(C) Investment institutions (fiscale belegginsinstellingen) and exempt investment institutions
(vrijgestelde fiscale beleggingsinstellingen).
A holder that acquires an interest in excess of the thresholds mentioned above is strongly
recommended to consult a professional tax adviser with respect to the Netherlands tax consequences of
an investment in the common shares or debt instruments.
COMMON SHARES OF AEGON N.V.
Dividend tax
Withholding requirement. AEGON N.V. is required to withhold 15% Netherlands dividend tax in
respect of dividends and certain other payments on the common shares including:
(i) distributions in cash or in kind including deemed and constructive proceeds;
(ii) liquidation proceeds, proceeds on redemption of the common shares and, as a rule, the
consideration for the repurchase of the common shares by AEGON N.V. in excess of its
average paid-in capital recognized for Netherlands dividend tax purposes, unless a particular
statutory exemption applies;
(iii) the par value of common shares issued to a holder of the common shares or an increase of
the par value of the common shares, except when the (increase in the) par value of the
common shares is funded out of AEGON N.V.’s paid-in capital as recognized for Netherlands
dividend tax purposes; and
(iv) partial repayments of paid-in capital for tax purposes, if and to the extent there are qualifying
profits (zuivere winst), unless the general meeting of the shareholders of AEGON N.V. has
resolved in advance to make such repayment and provided that the nominal value of the
common shares concerned has been reduced by an equal amount by way of an amendment of
the articles of association and the paid-in capital is recognized as capital for Netherlands
dividend tax purposes.
Residents of the Netherlands. If a holder is a resident of the Netherlands, Netherlands dividend tax
which is withheld with respect to payments on the common shares will generally be creditable for
Netherlands corporate income tax or Netherlands income tax purposes if the holder is the beneficial
owner (as described below) thereof.
Non-residents of the Netherlands. If a holder is a resident of a country other than the Netherlands
and if a treaty for the avoidance of double taxation with respect to taxes on income is in effect between
the Netherlands and that country, and such holder is the beneficial owner (as described below) of the
dividends and certain other payments on the common shares and a resident for the purposes of such
treaty, such holder may, depending on the terms of that particular treaty, qualify for full or partial
relief at source or for a refund in whole or in part of the Netherlands dividend tax.
Beneficial owner. A recipient of dividends and certain other payments on the common shares will
not be entitled to any exemption, reduction, refund or credit of Dutch dividend tax if such recipient is
not considered to be the beneficial owner of such amounts. Such recipient will not be considered the
beneficial owner of such amounts, if, in connection with the amounts received, such recipient has
agreed to pay an amount to another person or legal entity as part of a series of transactions and it is
likely that:
(a) such other person or legal entity would:
(i) not be entitled to an exemption from such dividend tax while the recipient would be
entitled to such exemption; or
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