Vereniging AEGON exercised its option rights to purchase an additional 33,860,000 class B preferred shares to prevent dilution caused by AEGON’s share issuance in August 2009.
Vereniging AEGON consisted of eighteen members. The majority of the voting rights is with the sixteen members who are not employees or former employees of AEGON N.V. or one of the
AEGON Group companies, nor current or former members of the Supervisory Board or the Executive Board of AEGON N.V.
Meeting of Members of Vereniging AEGON from among the members of the Executive Board of AEGON N.V.
Committee, thereby including the consent of the representatives of AEGON N.V. at the Executive Committee.
Following the amendment of the Articles of Association as effected on September 13, 2005, this requirement does not apply in the event of a hostile change of control at the General
Vereniging AEGON may amend its Articles of Association without the cooperation of AEGON N.V.
Commission on February 10, 2011, US-based investment management firm Dodge & Cox owns over 160 million common shares.
Underlying earnings before tax 8,206 6,732 6,889 6,719 28,546 Gross deposits (on and off balance sheet) 7,775 7,584 9,408 7,813 32,580
Binomial option pricing model uses a binomial lattice that represents possible paths that might be followed by the underlying asset’s price over the life of the option, for a given number of time steps between valuation date and option expiration. Each node in the lattice represents a possible price of the underlying asset, at a particular point in time.
� That are contractually based on: • The performance of a specifi ed pool of contracts or a specifi ed type of contract; • Realized and/or unrealized investment returns on a specifi ed pool of assets held by the issuer; or
� A contract that will or may be settled in the entity’s own equity instruments; and is
Financial liability is any liability that is: � A contractual obligation to deliver cash or another fi nancial asset to another entity or to exchange fi nancial assets or fi nancial liabilities with another entity under conditions that are potentially unfavorable to the entity; or
Foreign operation is an entity that is a subsidiary, associate, joint venture or branch of a reporting entity within the Group, the activities of which are based or conducted in a country or currency other than those of the reporting entity.
These are insurance policies issued by an insurer that is not a related party of the reporting entity, if the proceeds of the policies: � Can be used only to pay or fund employee benefi ts under a defi ned benefi t plan; and
� The item has a cost or value that can be measured with reliability.
Value of business acquired (VOBA) the difference between the fair value and the carrying amount of the insurance liabilities recognized when a portfolio of insurance contracts is acquired
� Lowering of one or more of insurer fi nancial strength ratings of our insurance subsidiaries and the adverse impact such action may have on the premium writings, policy retention, profi tability of its insurance subsidiaries and liquidity.
� The effect of the European Union’s Solvency II requirements and other regulations in other jurisdictions affecting the capital we are required to maintain.
� The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including our ability to integrate acquisitions and to obtain the anticipated results and synergies from acquisitions.
Amsterdam and the US Securities and Exchange Commission, including the Annual Report on Form 20-F. These forwardlooking statements speak only as of the date of this document.
Except as required by any applicable law or regulation, the company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following: � Changes in general economic conditions, particularly in the
� Changes in the performance of fi nancial markets, including emerging markets, such as with regard to: � The frequency and severity of defaults by issuers in our fi xed income investment portfolios; and
� The effects of corporate bankruptcies and/or accounting restatements on the fi nancial markets and the resulting decline in the value of equity and debt securities we hold.
� Changes affecting mortality, morbidity, persistence and other factors that may impact the profi tability of our insurance products.