Aegon Analyst & Investor Conference

10 Reducing expenses existing book by EUR 50 million Expenses Life & Savings, Pensions & Non-Life (in EUR milion) -480 -100 ~20 ~400 ~50 ~350 M 2010 Cost Investments 2015 Cost savings savings 2018 Strategy for further EUR 50 million cost savings on existing book applies for following main categories: Operations IT Support Commerce costs Aegon Analyst & Investor Conference

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