Delta Lloyd N.V. ("Delta Lloyd") has received a notice of objection from its shareholder Highfields Capital ("Highfields") requesting that DELTA LLOYD postpone the vote on the rights issue at the Extraordinary General Meeting (EGM) on 16 March 2016 for what would be a substantial period of time and remove the rights issue from the EGM agenda. In its notice of objection, Highfields repeats the analysis set out in its publication dated 1 March 2016. As previously stated, Delta Lloyd strongly disagrees with the content of Highfields' analysis and its conclusions and rejects its demands. There are no legal grounds for postponing the vote on the rights issue and, of critical importance, postponing the vote would be detrimental to the interests of Delta Lloyd and its stakeholders, in particular its shareholders. Delta Lloyd is committed to giving all shareholders the right to express their views through voting at the EGM. Contrary to what Highfields is stating, the rights issue is a necessity and delay could jeopardise Delta Lloyd's value.

Delta Lloyd has timely and adequately informed its shareholders of the details regarding the EGM. The proposed timing of the EGM - and the announcement and related documents in connection therewith - ensure that shareholders can consider their position with a comprehensive understanding of Delta Lloyd's 2015 financial and commercial performance, including progress on management actions and regulatory discussions.

Important information

The information contained herein is not for release, publication or distribution, directly or indirectly, in or into any jurisdiction in which the distribution or release would be unlawful.
This press release does not constitute an offer to sell, or a solicitation of offers to purchase or subscribe for, securities in the United States or any other jurisdiction. The securities to be offered in the proposed rights offering have not been, and will not be, registered under the Securities Act of 1933 (the "Securities Act"), as amended, and may not be offered, exercised or sold in the United States absent registration or pursuant to an applicable exemption from or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.