Transform Tomorrow - Aegon

Impact on Aegon’s financial metrics2012 key metrics Before exchange After exchangepro forma 2012DriverHolding excess capital EUR 2.0 billion EUR 1.6 billionCapital base ratio 76.7% 75.1% EUR 400 million cash paymentIGD solvency ratio 230% 224%Interest cover 4.2x 4.8xHigher interest cover driven by ending paymentof preferred dividendNumber of common shares 1,943 million 2,081 million* Conversion from preferred to common sharesEarnings per share EUR 0.69 EUR 0.67Return on commonshareholders’ equityShareholders’ equityper common share**7.1% 6.7%EUR 8.47 EUR 8.76Higher share count partly offset as payment ofpreferred dividend will endHigher common shareholders’ equity, partlyoffset by ending payment of preferred dividendHigher common shareholders’ equity, partlyoffset by higher common share count20* Includes 14.1 million common shares which represent 1/40 of the economic equivalent of 563 million common shares B** Excluding revaluation reservesNote: above metrics are based on a number of assumptions, including Aegon share price of EUR 4.75