Note security

• Note secured by a diversified asset pool.
• Floating charge on asset pool secures notes for the benefit of noteholders.
• Assets are held at the note issuer (AGIM).
• Financial guarantor (AFA) guarantees the notes issued by AGIM.
• 4% combined minimum hard capital at issuance held at Irish companies (3% at AFA and 1% at AGIM).

Support arrangements

• 3% minimum capital requirement at AFA is supported through explicit net worth maintenance agreement with AEGON N.V.
• AEGON N.V. has made available to AGIM a $500 million liquidity facility.
• Stop loss reinsurance arrangement with AEGON Schadeverzekering N.V. reinsures all AFA guarantees.
• AEGON Schadeverzekering N.V. is a non-life operating company and an integral part of AEGON Netherlands.
• Any person who is not a party to these agreements has no right to enforce the provisions.