Transform Tomorrow - Aegon

Credit losses in the US trending down• Q4 2012 US credit impairments amount to 4 bpsUS credit losses in bps of fixed income assets120829144 443727925average of 32 bpssince 19901 2 48 176448172523317-6-21990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 201252Periods prior to 2005 are based on Dutch Accounting Principles (DAP)Periods 2005 and later are based on International Financial Reporting Standards (IFRS)