At the Annual General Meeting on 29 May 2019, a final dividend will be proposed of EUR 1.24 per ordinary share, or approximately EUR 415 million in total based on the current number of outstanding shares (net of treasury shares). Together with the 2018 interim dividend of EUR 0.66 per ordinary share paid in September 2018, NN Group’s total dividend over 2018 will be EUR 637 million, or EUR 1.90 per ordinary share which is equivalent to a dividend pay-out ratio of 50% of NN Group’s full-year 2018 net operating result of ongoing business. The final dividend will be paid in cash, after deduction of withholding tax if applicable, or ordinary shares from the share premium reserve at the election of the shareholder. To neutralise the dilutive effect of the stock dividend, NN Group will repurchase ordinary shares for an amount equivalent to the stock dividend. If the proposed dividend is approved by the shareholders, NN Group ordinary shares will be quoted ex-dividend on 31 May 2019. The record date for the dividend will be 3 June 2019. The election period will run from 4 June up to and including 18 June 2019. The stock fraction for the stock dividend will be based on the volume weighted average price of NN Group ordinary shares on Euronext Amsterdam for the five trading days from 12 June through 18 June 2019. The dividend will be payable on 25 June 2019.

NN Group will pay a 2018 interim dividend of EUR 0.66 per ordinary share, or approximately EUR 222 million in total, calculated as 40% of the 2017 full year dividend per ordinary share. The 2018 interim dividend will be paid either in cash, after deduction of withholding tax if applicable, or ordinary shares from the share premium reserve at the election of the shareholder. To neutralise the dilutive effect of the stock dividend, NN Group will repurchase ordinary shares for an amount equivalent to the stock dividend. The NN Group ordinary shares were quoted ex-dividend on 20 August 2018. The record date for the dividend was 21 August 2018. The election period ran from 20 August up to and including 3 September 2018. The stock fraction for the stock dividend was based on the volume weighted average price of NN Group ordinary shares on Euronext Amsterdam for the five trading days from 28 August through 3 September 2018. The dividend was paid on 10 September 2018.
 
 
The new ordinary shares that were issued as stock dividend are entitled to the samerights as the ordinary shares already admitted to trading. For furtherinformation regarding the rights connected to and the characteristics of theordinary shares, reference is made to the articles of association of NN Group and the relevant parts of the annual report which are both available on this website. Reference is also made to the press releases published on 16 August 2018 and 3 September 2018.

Pursuant to Sections 5:3 paragraph 2 sub d and 5:4 paragraph 1 sub e of the Dutch Financial Supervision Act, dividend payments in shares may occur without a prospectus, provided that a document is made available giving the required information. The above mentioned information together with the press releases referred to above constitute that document. Please note that neither this information nor the press releases are a prospectus within the meaning of the Prospectus Directive.