1.  Foundation started April 25th, 1968 (45 years track record);  Sponsors and participants are represented in Board;  Collective pension plans 12: 4 DB (FP/AP) and 8 DC (Premium varies: 6%-16%);  Disability and Survivors Risks covered through Reinsurer Alhermij (SwissRe);  Fully Integrated administration (participants, actuarial, payroll, financial, securities);  ISO 9001 – 2008 certified since 1998;  Compliant with pension fund ordinance PB 1985 no.44;  Assets ANG. 752 million per 30/06/2013;  Liabilities ANG. 648 million per 30/06/2013;  Total participants 4381 per 30/06/2013;  Solvency (asset to coverage) ratio Q2, 2013 =>116 % (Never had an underfunding);  Prudent mortality tables GBM/GBV 2000-2005 with 1 year age deduction;  Long Term Net Fund Returns over 45 years: > 7% on average;  Long term average indexation % per year (period 1988 – 2012) is: > 2%;  Website: (www.vidanova.net). Important Data / Figures Vidanova

2. Committed with its clients. Clients’ pension interest forms an optimal basis for transparent and quality service VISION and GOALS: Realize consistent and managed growth while guaranteeing efficiency Form strategic alliances that add value with commercial institutions and institutional investors To become the preferred private collective pension provider in the Dutch Speaking Caribbean MISSION CORE VALUES: Professional and Meticulous Accessible and Involved Motivated and Innovative Efficient and Result oriented Independent and Transparent Client and Service Driven

3. Current Governance Structure 2002 - 2013 Governance Structure VIDANOVA PENSION FUND FOUNDATION Board of Supervisory Directors Board of Managing Directors Vidanova Pension Management Foundation Operations Sponsors Participants Supervisory Authority CBCS External Accountant PWC External Actuary Milliman Advisors:  LCG Associates  AIC International  Corporate Financial Solutions  ICTAS  BNY Mellon  Spotlight / Stradius  The Galan Group

4. Pension Fund Governance Development

5. VIDANOVA Pension Management Executive Director Manager Business Unit Pensions Coordinator Pensions & Payroll Collaborator / Advisor Pensions Manager Business Unit Finance Receptionist / Archive Collaborator Collaborator Finance & Payroll Coordinator Finance Advisors Financial / Investments / Legal / ICT

6. QUALITY IMPROVEMENTS Quality and electronic process handbook Disability and Survivors Risks (DB plans stop loss) DC plans reinsured at Elips ISO 9001 certification since 1998 Yearly client satisfaction surveys with average high satisfaction score (above norm) Pension Fund Governance Compliance Scans level 4,3 reached in 2010 Flexibilization of pension plans (parametric changes) at contract level Annual Financial and Actuarial Reports delivered in 3 months with unqualified opinions All policy papers are updated annually Competencies VPM Personnel are constantly improved Calculation models for DB and DC plans developed 12 different DB and DC pension plans available for clients VPV, Reserve calculations and Annual Reports are produced internally Applications Lifetime, Altair, Exact, AFAS, BPM one implemented and up to par Mutations through WEB portal, downtime ICT low Business Continuity Plan / IT performance scans complies with CBCS regulations Sponsor and Participant Interface and Pension planner are available for clients VPM holds regularly presentations to sponsors and participants at no cost to clients

7. ICT Infrastructure / Web Connectivity Databases: Satisfied Client Sponsor wireless Lease lines Sponsor Offside backups E Commerce Park P ensions Payroll General Ledger Investments Document Management Core applications: Lifetime, Exact Globe, Altair, AFAS, BPM - One, Microsoft Office, Database Oracle and SQL

8. ISO 9001 – 2008 Certificate

9. Vidanova Policies in place 5 year Business Plans 5 year budget with performance indicators ICT Information Plan Communication Plan Quality Management System Quality Handbook & Process descriptions ABTN (actuarial business plan) Asset Liability Management Studies Investment Policy (local & international) Asset Allocation Studies Code of Conduct Risk Assessment Paper Pension Fund Governance policy and scan Note: All policy documents are updated on a regular basis

10. IFS Real Estate KFRE LCG Associates Global Investment Advisors Custodian BNY Mellon Investment Manager/ Fund RBC Royal Bank Commercial Banking ASKA Insurance NV Centrale Hypotheek Bank Joint ventures Pension Funds Project Development VIDANOVA VIDANOVA’S STRATEGIC PARTNERSHIPS

11. VIDANOVA Participants Development 1968 - 2012

12. 1968 2013 Participants Growth 137,2% 1997 Growth 1997 – 2013 Average 8,6% 4381 participants 2807 active 629 deferred 945 pensioners 1846 Participants 421 Participants Up to 2nd quarter 2013

13. Participants Development

14. Sponsors & Pension Plans

15. Premium Contributions

16. Balance Sheet Development 1968 - 2012

17. 1968 2013 Assets Growth Vidanova 235,8% 1997 Growth 1997 - 2013 752,1 million 223,9 million 4,8 million In ANG.528,1 million Average growth PY: 14,74 % In ANG.219.1 million

18. Pension Assets and Liabilities

19. Asset to Liability Ratio

20. Invested Assets (Local and International)

21. Investment Review for Vidanova AssetAllocation – Combined Portfolio U.S. Equity 10.0% Non-U.S. Equity 15.0% Fixed Income 20.0% Absolute Return 2.5% Real Estate 2.5% Local Portfolio 50.0% Target U.S. Equity 8.6% Non-U.S. Equity 15.7% Fixed Income 12.1% Other Fixed Income 4.4% Absolute Return Asset 1.9% Allocation 1.8% Real Estate 0.6% Cash & Equivalents 4.5% Local Portfolio 50.4% June 30, 2013

22. INDEXATION 1988 - 2013 LT Average indexation 2,4%

23. Development AOV Married Couples

24. LONG TERM AVERAGE INDEXATION 2.4 % 1968 - 2013 per year

25. Premium & Pension Prognosis 2010 - 2026

26. How Vidanova adds value? 1.By distributing all net fund returns to clients; 2.By improving pension arrangements as we grow stronger; 3.Through its indexation policy for actives / non actives; 4.By continuously focusing on improving efficiency defined as cost as % of total cost and our service (timely and accurate); 5.Through favorable reinsurance contracts for risk coverage; 6.Through strategic alliances with commercial partners; 7.By providing an Employers and Participants Interface and a pension planner; 8.By investing in the local economies which help create jobs and stimulates economic growth; 9.Through participation of sponsors and participants in the funds board; 10.By providing timely and accurate pension statements and transparent reporting of the funds performance to all stakeholders.