AGM Statement
April 22 2003 - 3:00AM
UK Regulatory
RNS Number:2004K
Aegon N.V.
17 April 2003
RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS
The Annual General Meeting of Shareholders (AGM) of AEGON N.V. was held today at
the company head office in The Hague. The following proposals were discussed
with shareholders:
Annual accounts
The AGM has approved the annual accounts for the financial year 2002.
Final dividend 2002
The total dividend for the fiscal year 2002 was fixed at EUR 0.74 (2001: EUR
0.83) per common share of EUR 0.12 par value. After taking into account the
interim dividend of
EUR 0.37, the final dividend amounts to EUR 0.37 per common share and will be
paid entirely in stock.
For every 25 shares held one new share will be paid. The stock fraction for the
share dividend has been based upon the average price of the AEGON share on the
Euronext Amsterdam Stock Exchange for the five trading days from February 27 up
to and including March 5. AEGON shares will be quoted ex-dividend on April 23,
2003. The final dividend will be payable as of May 13, 2003.
Appointment Executive Board
As per today, the Supervisory Board has appointed Mr. Alexander R. Wynaendts
(42) as a member of the Executive Board of AEGON N.V. The Supervisory Board
formally announced the intended appointment to the AGM today. As announced on
March 20, 2003, he will be responsible for business development and AEGON's
activities in Asia. Alexander Wynaendts will continue to be a member of the
Board of AEGON UK and La Mondiale Participations and the Supervisory Boards of
AEGON Hungary and AEGON Spain. Mr. Wynaendts began his career with AEGON in
1997.
Appointment Supervisory Board
AEGON N.V. announced on March 6, 2003 its nomination of Mr. Leo M. van Wijk (56)
to the Supervisory Board. Mr. Van Wijk was appointed to the Supervisory Board of
AEGON N.V. today. He resigned from the Supervisory Board of AEGON The
Netherlands on which he has served since January 1997.
Mr. Godert A. Posthumus (70) has stepped down as a member of the Supervisory
Board today, because of reaching the statutory age of retirement in 2003.
Changes to corporate governance
On March 20, 2003, AEGON N.V. proposed to change its corporate governance and to
end its voluntary application of the Dutch large company regime. This proposal
entails amendment of the Articles of Association of AEGON N.V., for which a
quorum is required in the General Meeting of Shareholders representing more than
half of AEGON N.V.'s voting shares. As this quorum was not attained today, an
Extraordinary General Meeting of Shareholders will be held on a date that will
be communicated in due course. In that meeting a quorum will not be required.
Disclaimer
Forward-looking statements
The statements contained in this press release that are not historical facts are
forward-looking statements as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Words such as 'believe', 'estimate', 'intend', 'may', '
expect', 'anticipate', 'predict', 'project', 'counting on', 'plan', 'continue',
'want', 'forecast', 'should', 'would', 'is confident' and 'will' and similar
expressions as they relate to us are intended to identify such forward-looking
statements. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to predict. We
undertake no obligation to publicly update or revise any forward-looking
statements. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
All forward-looking statements are subject to various risks and uncertainties
that could cause actual results to differ materially from expectations,
including, but not limited to, the following:
* changes in general economic conditions, particularly in the United States,
The Netherlands and the United Kingdom;
* changes in the performance of financial markets, including emerging
markets, including:
- the frequency and severity of defaults by issuers in our fixed income
investment portfolios; and
- the effects of corporate bankruptcies and/or accounting restatements
(such as Enron and WorldCom) on the financial markets and the
resulting decline in value of equity and debt securities we hold;
* the frequency and severity of insured loss events;
* changes affecting mortality, morbidity and other factors that may affect
the profitability of our insurance products;
* changes affecting interest rate levels;
* changes affecting currency exchange rates, including the euro/US dollar
and euro/UK pound exchange rates;
* increasing levels of competition in the United States, The Netherlands,
the United Kingdom and emerging markets;
* changes in laws and regulations, particularly those affecting our
operations, the products we sell and the attractiveness of certain products
to our consumers;
* regulatory changes relating to the insurance industry in the jurisdictions
in which we operate;
* acts of God, acts of terrorism and acts of war;
* changes in the policies of central banks and/or foreign governments;
* customer responsiveness to both new products and distribution channels;
* competitive, legal, regulatory or tax changes that affect the distribution
cost of or demand for our products; and
* our failure to achieve anticipated levels of earnings or operational
efficiencies as well as other cost saving initiatives.
The Hague, April 17, 2003
Inquiries:
AEGON N.V.
Group Communications Investor Relations
Phone : +31 (0)70 344 83 44 NL +31 (0)70 344 83 05
Web site: www.aegon.com
This information is provided by RNS
The company news service from the London Stock Exchange
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