Transform Tomorrow - Aegon

Successful repositioning of Spanish business• Strategic partnership with Banco Santander, Spain’slargest financial group, offering life and non-life productsthrough Santander’s extensive branch network►►Access to over 4,600 branchesPotential client base of over 12 million customers• Aegon acquired a 51% stake in both a life and non-lifeinsurance company for EUR 220 million *• Divestiture of existing joint ventures►►►Banca Cívica sold for EUR 190 million, book gain of EUR 35 millionUnnim sold for EUR 353 million, expected book gain of EUR 105 millionExit process CAM ongoing• Continued partnerships with Liberbank (~780 branches) and Caja3 (~200 branches)• Density of Santander’s branch network in Spain – over 4,600 branches30* Depending on the performance of the partnership, after 5 years an additional amount may be paid