## ❏ CONTENTS 

2 Letter of the CEO 

4 AEGON’s Management Board 

8 Our strategy 

16 AEGON and the investment community 

PAGE 8 OUR STRATEGY 

PAGE 22 OUR BUSINESSES 

## Report of the Executive Board 

22 Interview with the CFO 

24 AEGON worldwide 

28 AEGON lines of business 

30 Americas 

33 The Netherlands 

36 United Kingdom 

39 New markets 

42 AEGON milestones of 2010 

44 Risk management 

48 Capital and liquidity management 

53 In control statement 

PAGE 56 OUR GOVERNANCE 

56 Report of the Supervisory Board 

61 Members of the Supervisory Board 

64 Remuneration Policy and Report 

71 Corporate governance 

PAGE 78 FINANCIAL INFORMATION 

## Consolidated fi nancial statements 

80 Consolidated balance sheet 

81 Consolidated income statement 

82 Consolidated statement of comprehensive income 

83 Consolidated statement of changes in equity 

86 Consolidated cash fl ow statement 

88 Exchange rates 

89 Notes to the consolidated fi nancial statements 

221 Remuneration 

## Other information 

225 Independent auditor’s report 

## Financial statements 

227 Balance sheet 

228 Income statement 

229 Notes to the fi nancial statements 

## Other information 

242 Independent auditor’s report 

243 Proposal for profi t appropriation 

244 Major shareholders 

## Additional information 

246 Quarterly results 

247 Glossary 

252 Forward-looking statements 

