1. March 3rd, 2010 Annual General Meeting 2010

2. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

3. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

4. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

5. Membership penetration is highest in Spain, Netherlands & Germany U.S 32% BRAZILBELGIUM 31% SWEDEN 20% 30% 37% 38% SINGAPOREGERMANYDENMARKU.KSPAIN 2% 20% 28% 34% 38% ISRAELITALYSWITZER- LAND FRANCE 10% NETHER- LANDS 11% Membership Penetration by Country September 2009 Source:Insead Alumni Membership Data; Booz & Company analysis

6. Satisfaction level across countries: Denmark & Netherlands show largest increase and Switzerland & Italy largest decrease Q: What is your overall level of satisfaction with the overall services offered to you as an INSEAD? % of satisfied and very satisfied alumni 70% 67% 84% Belgium 90% 79% 74% Germany 88% 85% 73% 85% 87% 82% Netherlands 72% 94% 81% Den- mark Sweden 76% Switzerland 79% Italy 64% USA 62% United Kingdom 80% Singapore 84% 77% 49% IsraelBrazilFrance 77% Spain -8 +2 +4 +10 -9 -7 -5 -2 2010 2004 %-Pt. change Note: Israel, Brazil and Sweden was not included in 2004 survey and is not comparable Source:2010 Insead Alumni Survey; 2004 Insead Alumni Survey; Booz & Company analysis Satisfaction Total avg. 77% (2010)

7. All countries, except Sweden and NL are less satisfied with national services compared to overall service satisfaction Q: In particular, what is your level of satisfaction with the services offered by the INSEAD Alumni Association in your country? % of satisfied and very satisfied alumni 45 94% 63% 0 50 55 60 65 70 75 80 85 90 95 % 84% 77% 67% 77% 79% 85% 80% 62% 64% 79% 84% 80% BrazilIsrael 43% 49% Spain 61% Singapore 73% DenmarkSwitzer- land 75% Germany 83% USA 60% Italy 62% Belgium 77% France 83% United Kingdom 79% Nether- landsNether- landsNether- lands 94% Sweden 84% 76% -2 -6 -2 +7 -4 -2 -2 0 -14 -4 -6 2010 Overall 2010 Country %-Pt. change Satisfaction Source:2010 Insead Alumni Survey; Booz & Company analysis

8. Special Interest Groups Private Equity Club The future of Private Equity Hands-on investing Healthcare & Life Sciences Achmea Entrepreneurship and private equity in Life Sciences Sustainability Weekend School -> social innovation Eneco Sustainability Strategy Thomas Rau Energy Launching event on climate change and carbon trading Debating Launch early 2010 Career services New team established, first event 2010 SIN Golf Tournament Jack’s Casino company visit

9. IN-NED Events 2 Internal launching events INNED / Healthcare seminar Media seminar Academy 2 waves, 40 participants 6 modules, 1 weekend at INSEAD 3 rd wave in preparation Thought Leadership Code of Conduct / Charter Community 100 members Linked-in Intervision groups Case study days in planning

10. Events 2009 Meet the Company Cordys Nederlandse Spoorwegen ANWB KPN Jan Baan Bert Meerstadt Guido van Woerkom Ad Scheepbouwer Special Events Angelien Kemna Booz Strategy Forum Back to School: Beeld en Geluid Radio Nederland Wereldomroep With HBS Alumni Booz & Co Annet Aris Jan Hoek Social events New Year’s Drinks Salamander Road Challenge SIN Golf Tournament Sailing Team Heiner Concertgebouw Meet Dean Frank Brown Philips Roy Heiner Simon Reinink

11. INSEAD Alumni on the Internet Dutch website operational –Less paper, more email Next: –Improve navigation –Newsletter fully online –Better online registration events –Social networking –Implement Clubs

12. Membership

13. IAF Netherlands Results 2009 results – Total donations : 198k euro – Participation : 142 alumni – Average donation : 1,393 euro/donor Reference : 2008 results – Total donations : 249k euro – Participation : 149 alumni – Average donation : 1,672 euro/donor Reference : 2007 results – Total donations : 438k euro – Participation : 164 alumni – Average donation : 2,676 euro/donor

14. International Fundraising Results AlumniCountryTotal IAF Particip 548Netherlands197.97725,9% 380Canada91.91720,3% 164Greece139.40618,3% 495Belgium158.70514,7% 953Germany578.43913,2% 973Switzerland2.219.73012,0% 1.471USA148.09610,9% 57Finland13.30010,5% 3.098France410.53910,1% 3.184UK741.63610,1% 221Hong Kong23.1979,5% 201Norway29.9889,5% 161Sweden33.7089,3% 504Singapore62.9189,1% 302China21.4898,6% 536Italy33.2977,1% 526Spain32.0735,9% 3.924Rest World145.4155,0% 242Portugal14.4525,0% 127Denmark2.2874,7% 18.067 Total: 5.098.5699,8%

15. Allocation of all international unrestricted IAF gifts

16. Financial results of IAA NL Strong result of 13K due to higher member income and lower events costs – Membership dues have increased with more DD and more members – Sponsoring back to 12K – Events and clubs have been more or less self-supporting (except SRC, IN-NED), although some costs are in “printing”, “office” and “other” – Secretarial support costs roughly the same, raising fee per hour in 2010 Healthy Balance Sheet with EUR 76.000 in reserves

17. Financial Results of IAA NL

18. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

19. Report from the Kascommissie

20. Discharge of the Board For the activities of 2009 For the financial result 2009

21. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

22. Agenda 1.Opening 2.Approval of Minutes AGM 2009 3.Review 2009 4.Kascommissie & Discharge 5.Election new President 6.Outline 2010/2011

23. Plans Increase INSEAD brandname in the Netherlands – Push Dutch and Flemish professors as experts – Use high-profile events – Press exposure Increase activity over different age-groups – Segmented offering – Focused events Special focus in Events: 50 years – History and Future – NAA event and most clubs More on-line communication – Online newsletter – Develop website Mid term2010

24. IAF endowment 2010 In honour of 50 years INSEAD: IAF has started INSEAD endowment Timing is right: Increasing influence of alumni – Founders of the school are ageing – INSEAD is not a university – strategy set by stakeholders School and Alumni have already significantly improved cooperation – Better alumni support from school – Professors incentivised to come to alumni-events – Cooperation in school programmes through INNED – new trend Very important for alumni to ensure continuity of this new INSEAD policy – Alumni have invested in INSEAD brand name – NAA’s benefit from higher quality events and programmes – More influence on matters with conflicts of interest Dutch NAA is one of the leading NAAs – Highest percentage of alumni member – Highest percentage of alumni IAF supporter – Very healthy financial position Dutch NAA proposes to become a founding member of the INSEAD endowment – Founding membership is priced at EUR 50.000 – Dutch NAA reserves are EUR 80.000 – Guarantee contribution of EUR 50.000 from reserves – Hold spectacular fundraising event later in the year to raise EUR 50.000 – Dutch NAA to pay for fundraiser costs (est. EUR 16.000)

25. Budget 2010

26. Sponsors The association is Sponsored by

27. Your volunteers Our conscience! – Mary Linn Schnittger Board – Bart Blommers – Olivier Gorter – Joop Heijenrath – Jeroen Koot – Charles Kotting – Nieke Martens – Annemarie van Neck IAF – Joop Heijenrath, trustee – Matty vanderbroeck, country representative Events committee – Jeroen Koot – Marili Bolle – Willem Brandt – Charles Kotting – Danny Menken – Caroline Vogelzang Kas commissie – Wim Burgemeestre – Lex Geerdes – Evert de Iongh Newsletter – Annemarie van Neck SIN – Hans Oerlemans – Alexander Goad – Joost de Haas – Pieter Ligthart – Barbara Martens – Wouter Staatsen Private Equity Club – Olivier Gorter – Joost de Haas – Idgar van Kippersluis – Gerben Willems Healthcare and Life Sciences Club – Hedwig Campman – Birgit van Kalleveen – Willem Koelewijn – Pieter Ligthart Sustainability Club – Marius Frank – Joop Heijenrath – Lodewijk Westerling – Jean-Pierre Sweerts – Lilian ter Doest Energy Club – Guido Dubbeld – Michiel van der Lande – Rob Mayfield – Sjef Peeraer – Thérèse Prisse INSEAD in Debate – Hedwig Campman – Henk Camps – Hanneke Dingen – Daniëlla Gidaly – Evert de Iongh Non-Executives (IN-NED) – Matty Vanderbroeck – Daniëlla Gidaly – Hélène Gorter- van Gorp – Roland Zoomers – Paul Diercks – Maurits de Brauw – Peter Idenburg – Jan Theo Bautz

28. Va et vient Thanks! Bart Blommers Birgit van Kalleveen Daniëlla Gidaly Robert van Schagen Theun van Halewijn New board members: Charles Kotting (since February 2010) Nieke Martens (since September 2009) Annemarie van Neck (since September 2009) New clubs & new group of volunteers