Full Year 2009 Earnings Release

Full Year 2009 Earnings

• Total revenues: down 3% to €90.1 billion
• Life & Savings: net inflows of €+8.6 billion and NBV up 5% to €1.1 billion
• Underlying earnings: €3.9 billion (vs. €4.0 billion in FY08)
• Net income: €3.6 billion (vs. €0.9 billion in FY08)
• Solvency I up 44 pts to 171%
• Debt gearing down 8 pts to 26%
• Dividend up 38% to 0.55€ per share
• Group Embedded Value up 49% to 13.4€ per share