Plans for the ABN AMRO Businesses
With the successful completion of the ABN AMRO Offer, RFS Holdings has acquired ABN AMRO and
ABN AMRO will be governed and reorganized as contemplated by the Consortium and Shareholders’
Agreement among the Consortium Banks. As a result of the completion of the ABN AMRO Offer, Fortis holds
shares in RFS Holdings that equal its proportionate funding commitment (33.8%) for the ABN AMRO Offer
consideration and the capital and income rights of shares issued to each of the Consortium Banks are linked to
the net assets and income of the respective ABN AMRO Businesses that each of them will acquire following
the reorganization of ABN AMRO. Following the reorganization, Fortis will acquire:
• the ABN AMRO Business Unit Netherlands (excluding the former Dutch wholesale clients, Interbank,
DMC Consumer Finance, as well as certain assets including Hollandsche Bank Unie N.V. proposed to
be divested by Fortis following the acquisition of the ABN AMRO Businesses as described further in
this summary and in the cautionary statement at the beginning of the “Information About the
Acquisition of ABN AMRO” section of the Prospectus),
• the ABN AMRO Business Unit Private Clients globally,
• the ABN AMRO Business Unit Asset Management globally, and
• the ABN AMRO brand name (collectively, the “ABN AMRO Businesses”).