Q4 2016 Results “We grew our business, realized major expense savings and made good progress on our digital transformation.” Alex Wynaendts CEO Aegon UNDERLYING EARNINGS PER REGION (EUR MILLION) Sales € Gross Deposits Underlying Earnings € Net Income 2,727 22.6 EUR million EUR billion Q4 2015 Q3 2016 2,886 2,904 Q4 2015 Q3 2016 23.8 24.7 554 EUR million EUR million Q4 2015 Q3 2016 435 461 Q4 2015 Q3 2016 (580) 358 470 Optimized Portfolio STRATEGIC OBJECTIVES Aegon Asset Management made substantial investments in a range of sustainable energy projects in the United States, Germany, Norway and Turkey. Transamerica achieved 90 out of 100 points in the Human Rights Campaign Foundation Corporate Equality Index. This reflects the company’s commitment to creating an inclusive work environment for all employees. As per January 1, 2017, the businesses in continental Europe are brought together under one single leadership team. This helps Aegon to adapt faster to changes in the industry. On January 1, 2017, Aegon closed the acquisition of Cofunds which means we are now the market-leading platform in the UK by some distance. Operational Excellence Empowered Employees Customer Loyalty Americas Europe Asia 174 388 13 Holding (57) Asset Management 35