Van Lanschot agrees new pension scheme

's-Hertogenbosch, the Netherlands, 5 January 2015

Van Lanschot and its Works Council have reached agreement on a new pension scheme, which will be a mix of collective and individual defined contributions from 1 January 2015. Van Lanschot will be under no obligation to make any extra payments, nor will it be entitled to any pension fund surpluses.

The change will help Van Lanschot limit the risks and volatility of its pensions bill, and it has made a one-off payment of € 50 million into the Van Lanschot pension fund to make up for the risks so transferred.

In 2014, the pension scheme adjustment should have a net positive effect of over € 50 million on Van Lanschot's net profits, due to the release of the net pension liability and the recognition of the one-off payment.

The effects of the new scheme on the phase-in Common Equity Tier I ratio will be negative.
On 30 September 2014, this ratio (not including retained earnings in the current financial year) stood at 14.1%. The phase-in Common Equity Tier I ratio is expected to fall by around 1 percentage point to reflect the change in the pension scheme, or around 0.4 percentage points including retained earnings. The new arrangements will have only a limited effect on the fully loaded Common Equity Tier I ratio.

Van Lanschot's annual results for 2014, which are scheduled for release on 10 March 2015, will incorporate the effect of the change to the pension scheme.

Media Relations: +31 20 354 45 85; mediarelations@vanlanschot.com

Investor Relations: +31 20 354 45 90; investorrelations@vanlanschot.com

Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent
bank in the Netherlands with a history dating back to 1737. Van Lanschot, a wealth manager
operating under the Van Lanschot and Kempen & Co brand names, is active in Private Banking,
Asset Management and Merchant Banking, with the aim of creating and preserving wealth for its
clients. Van Lanschot NV is listed on Euronext Amsterdam.

For more information, go to https://corporate.vanlanschot.nl/en

Disclaimer and cautionary note

This document contains forward-looking statements on future events. These forward-looking statements are based on the current information and assumptions of Van Lanschot's management about known and unknown risks, developments and uncertainties. Forward-looking statements do not relate strictly to historical or current facts and are subject to risks, developments and uncertainties. The actual results may differ considerably as a result of risks, developments and uncertainties relating to Van Lanschot's expectations regarding, but not limited to, estimates of income growth, costs, the macroeconomic climate, political and market trends, actions by supervisory and regulatory authorities and private entities, and changes in the law and taxation. Van Lanschot cautions that expectations are only valid on the specific dates on which they are expressed, and accepts no responsibility or obligation to revise or update any information following new information or changes in policy, developments, expectations or other such factors. The financial data included in this document have not been audited. This document does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not an opinion or recommendation to perform any action or refrain from performing any action.