PRODUCT GUIDE Effective May 1, 2012

PRODUCT GUIDE Effective May 1, 2012 Variable annuities issued by Transamerica Life Insurance Company in Cedar Rapids, Iowa (Transamerica). Annuities are underwritten and distributed by Transamerica Capital, Inc. Annuities may lose value and are not insured by the FDIC or any federal government agency. They are not a deposit of or guaranteed by any bank, bank affiliate, or credit union. VDMST0512

Transamerica Variable Annuities: Product Highlights Summary information only. Please see prospectus for details. PRODUCT HIGHLIGHTS TRANSAMERICA LANDMARK SM Our flagship variable annuity TRANSAMERICA LIBERTY SM Our shorter surrender charge schedule variable annuity Issue Age 0-85 annuitant and/or owner 0-85 annuitant and/or owner Surrender Charge Schedule 7-Year CDSC: 4-Year CDSC: (Based on years since each premium payment) Year 1 2 3 4 5 6 7 8+ Year 1 2 3 4 5+ 8% 8% 7% 6% 5% 4% 3% 0% 8% 8% 7% 6% 0% Death Benefit Options Issue Ages/Mortality & Expense Risk Fee & Administrative Charge (M&E&A) M&E&A is deducted daily and is equal to the percentage of the investment options annually. The M&E&A after annuitization is 1.25% annually. (See page 5 for more details) Additional Death Benefit Options Fee is a percentage of the policy value on each rider anniversary and pro-rated at rider termination. (See page 5 for more details) Living Benefit Options The initial annualized rider fees are deducted each rider quarter in arrears as a percentage of the Withdrawal Base (pro-rated at rider termination). (See page 4 for more details) Only one living benefit rider is available on a policy at a time. Return of Premium: 1.30%, Issue age 0-85 Annual Step-Up: 1.50%, Issue age 0-75 Return of Premium: 1.65%, Issue age 0-85 Annual Step-Up: 1.85%, Issue age 0-75 Additional Death Distribution SM (ADD SM ) Rider: 0.25% Additional Death Distribution SM (ADD SM ) Rider: 0.25% Issue age 0-80 Issue age 0-80 Additional Death Distribution+ SM (ADD+ SM ) Rider: 0.55% Additional Death Distribution+ SM (ADD+ SM ) Rider: 0.55% Issue age 0-75 Issue age 0-75 Retirement Income Choice SM 1.2 Rider: Issue age 0-85 Retirement Income Choice SM 1.2 Rider: Issue age 0-85 Open Allocation Any available investment options 1.25% Designated Allocation Group A investment options 1.55% Group B investment options 1.10% Group C investment options 0.70% Open Allocation Any available investment options 1.25% Designated Allocation Group A investment options 1.55% Group B investment options 1.10% Group C investment options 0.70% Additional Options (See page 8 for more details) Investment Options A fund facilitation fee of up to 0.30% annually may apply. (See page 6 and 7 for more details) Withdrawals Without Surrender Charges Retirement Income Max SM Rider: 1.25%, Issue age 0-85 Retirement Income Max SM Rider: 1.25%, Issue age 0-85 Liquidity Rider: 0.50% deducted daily and is equal to the percentage of the investment options annually. Issue age 0-85 A comprehensive lineup of investment options from some of the most recognized money managers in the industry. Investment option management fees may vary. Greater of 10% of premium payments or any gains once each policy year. A comprehensive lineup of investment options from some of the most recognized money managers in the industry. Investment option management fees may vary. Greater of 10% of premium payments or any gains once each policy year. Annual Service Charge Commissions $35 (waived with net premiums paid or policy value of $50,000 or more). Option A Ages 0-80 7.20% N/A Ages 81-85 3.50% N/A Option B Ages 0-80 5.00% 1% on/after 37 mos Ages 81+ N/A Option C Ages 0-80 3.50% 1% on/after 13 mos Ages 81+ N/A Option A N/A Option B Ages 0-80 5.00% 1% on/after 37 mos Ages 81-85 2.50% 1% on/after 37 mos Option C Ages 0-80 3.50% 1% on/after 13 mos Ages 81-85 1.50% 1% on/after 13 mos Liquidity Rider 7-Year CDSC $35 (waived with net premiums paid or policy value of $50,000 or more). Option A Ages 0-80 5.50% 1% on/after 49 mos Ages 81-85 2.50% 1% on/after 49 mos Option B Ages 0-80 4.00% 1% on/after 13 mos Ages 81-85 1.75% 1% on/after 13 mos 2 PRODUCT GUIDE

TRANSAMERICA EXTRA SM A variable annuity with a premium enhancement TRANSAMERICA FREEDOM SM A surrender charge-free variable annuity TRANSAMERICA PRINCIPIUM SM II Our lower-cost variable annuity 0-85 annuitant and/or owner 0-85 annuitant and/or owner 0-90 annuitant and/or owner 9-Year CDSC: Year 1 2 3 4 5 6 7 8 9 10+ 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% No contingent deferred sales charge during the accumulation phase. 5-Year CDSC: Year 1 2 3 4 5 6+ 5% 4% 3% 2% 1% 0% Return of Premium: 1.65%, Issue age 0-85 Annual Step-Up: 1.85%, Issue age 0-75 Return of Premium: 1.70%, Issue age 0-85 Annual Step-Up: 1.90%, Issue age 0-75 Policy Value: 0.85%, Issue age 0-90 Return of Premium: 1.00%, Issue age 0-85 Annual Step-Up: 1.20%, Issue age 0-75 Additional Death Distribution SM (ADD SM ) Rider: 0.25% Additional Death Distribution SM (ADD SM ) Rider: 0.25% Additional Death Distribution SM (ADD SM ) Rider: 0.25% Additional Death Distribution+ SM (ADD+ SM ) Rider: 0.55% Additional Death Distribution+ SM (ADD+ SM ) Rider: 0.55% Additional Death Distribution+ SM (ADD+ SM ) Rider: 0.55% Issue age 0-75 Issue age 0-75 Issue age 0-75 Retirement Income Choice SM 1.2 Rider: Issue age 0-85 Retirement Income Choice SM 1.2 Rider: Issue age 0-85 Retirement Income Choice SM 1.2 Rider: Issue age 0-85 Open Allocation Open Allocation Open Allocation Any available investment options 1.25% Any available investment options 1.25% TA Efficient Markets TA Vanguard ETF Index - Aggressive Growth Designated Allocation Designated Allocation and Investment options below 1.25% Group A investment options 1.55% Group A investment options 1.55% Designated Allocation Group B investment options 1.10% Group B investment options 1.10% Group C investment options 0.70% Group C investment options 0.70% TA AEGON Money Market 0.70% TA AEGON Tactical Vanguard ETF - Balanced 1.10% TA AEGON Tactical Vanguard ETF - Conservative 0.70% TA AEGON Tactical Vanguard ETF - Growth 1.55% TA AEGON U.S. Government Securities 0.70% TA Legg Mason Dynamic Allocation - Balanced 1.10% TA Legg Mason Dynamic Allocation - Growth 1.55% TA PIMCO Total Return 0.70% TA Vanguard ETF Index - Balanced 1.10% TA Vanguard ETF Index - Conservative 0.70% TA Vanguard ETF Index - Growth 1.55% Guaranteed Fixed Accounts 0.70% Retirement Income Max SM Rider: 1.25%, Issue age 0-85 Retirement Income Max SM Rider: 1.25%, Issue age 0-85 Retirement Income Max SM Rider: 1.25%, Issue age 0-85 A comprehensive lineup of investment options from some of the most recognized money managers in the industry. Investment option management fees may vary. Greater of 10% of premium payments or any gains once each policy year. Issue age 0-80 Issue age 0-80 Issue age 0-80 A comprehensive lineup of investment options from some of the most recognized money managers in the industry. Investment option management fees may vary. No contingent deferred sales charge during the accumulation phase. Access Rider: 0.35% deducted daily and is equal to the percentage of the investment options annually. Issue age 0-90 Multiple investment options. Investment option management fees may vary. Greater of 10% of premium payments or any gains once each policy year. $35 (waived with net premiums paid or policy value of $100,000 or more). Option A Ages 0-70 6.00% N/A Ages 71-75 4.00% N/A Ages 76-80 2.00% N/A Ages 81+ 1.00% N/A 0.25% 13-108 mos, 1% on/after 109 mos Ages 71+ N/A N/A Option B Ages 0-70 5.00% Option C Ages 0-70 3.00% 1% on/after 37 mos Ages 71+ N/A N/A Option D Ages 0-70 1.00% 1% on/after 13 mos Ages 71+ N/A N/A The premium enhancement is currently equal to 5.5% for ages 0-59, 5.0% for ages 60-69, 4.0% for ages 70-79, and 2.0% for ages 80+. May vary by state. See page 8 for more information. $35 (waived with net premiums paid or policy value of $50,000 or more). Option A Ages 0-80 1.25% 1.25% on/after 13 mos Ages 81-85 0.80% 0.80% on/after 13 mos $35 (waived with net premiums paid or policy value of $50,000 or more). Option A Ages 0-80 5.50% N/A Ages 81-85 2.50% N/A Ages 86-90 1.50% N/A Option B Ages 0-80 4.50% 0.50% on/after 61 mos Ages 81-85 2.00% 0.50% on/after 61 mos Ages 86-90 1.00% 0.50% on/after 61 mos 0.25% 13-60 mos 1.00% on/after 61 mos Ages 81+ N/A N/A Option C Ages 0-80 3.00% Option D Ages 0-80 0.85% 0.85% on/after 13 mos Ages 81+ N/A N/A Option B Ages 0-80 3.00% (1% Yrs 3+) 1.00% on/after 37 mos Ages 81-85 1.50% (0.60% Yrs 3+) 0.60% on/after 37 mos Ages 86-90 0.80% (0.40% Yrs 3+) 0.40% on/after 37 mos Option C Ages 0-80 1.00% 1.00% on/after 13 mos Ages 81-85 0.60% 0.60% on/after 13 mos Ages 86-90 0.40% 0.40% on/after 13 mos Access Rider 5-Year CDSC PRODUCT GUIDE 3

Transamerica Variable Annuities: Living Benefit Riders RETIREMENT INCOME CHOICE SM 1.2 RETIREMENT INCOME MAX SM Issue Age 0-85 0-85 Annual Compounding Growth Step Ups Investment Options (May vary by product) Open Allocation 5% 5% Automatic on every rider anniversary based on highest Monthiversary SM Designated Allocation 58 23 Automatic on every rider anniversary based on highest Monthiversary SM 15 Withdrawal Options and Percentages Attained Age Withdrawal Percentage 1 Withdrawal Percentage 1 Attained Age Single Life Joint Life Single Life Joint Life 80+ 6.0% 5.5% 80+ 6.3% 5.8% 65-79 5.0% 4.5% 65-79 5.3% 4.8% 59-64 4.0% 3.5% 59-64 4.3% 3.8% Annual Fee 2 () Open Allocation Any available investment option 1.25% Designated Allocation Group A Investment options: 1.55% Group B Investment options: 1.10% Group C Investment options: 0.70% 1.25% Additional Options The fee is in addition to that of the Base Rider: The fee is in addition to that of the Base Rider: 1 If the riders are structured as joint life, the withdrawal percentages are based on the younger of the annuitant or the annuitant s spouse when withdrawals begin. 2 The initial rider fee is deducted on each rider quarter in arrears, and is an annual percentage of the Withdrawal Base. Transamerica Variable Annuities: Features for All Products May not be available in all states and may vary by state. Variable annuities are long-term financial vehicles designed for retirement purposes and contain underlying investment portfolios that are subject to market fluctuation, investment risk, and possible loss of principal. Annuitization Options è Life with Emergency Cash SM,I : Allows access to partial or full withdrawals after annuitization (at least $2,500 must be surrendered, maximum 4% surrender charge may apply). è Standard Options: Income for a specified period; life income; income of a specified amount; joint and survivor annuity. Automatic Rebalancing 2 è Monthly, Quarterly, Semi-Annually, and Annually. Withdrawal Options è Partial withdrawals up to the greater of 10% of premium payments ($500 minimum) or any gains in the policy once each year with no surrender charges. (For Freedom SM only: withdrawals are unlimited) è Withdrawals from the Fixed Account may be subject to Excess Interest Adjustment (EIA). EIA is not applicable in all states. Dollar Cost Averaging (DCA) è Traditional: Monthly (Minimum 6/Maximum 24) or Quarterly (Minimum 4/ Maximum 8). è Special: 6 or 12-month DCA account (moved on a monthly basis). Both types have a $500 minimum transfer. Minimum Premium è Non-qualified: $5,000 initial, $50 subsequent. (For Freedom SM only: Non-qualified: $15,000 initial, $50 subsequent.) è Qualified: $1,000 initial, $50 subsequent. Maximum Premium è $1,000,000; $500,000 if over age 80 (without prior approval). Company reserves the right to restrict premium additions. Systematic Withdrawals è Monthly, Quarterly, Semi-Annually, and Annually ($50 minimum). Transfers è 12 free transfers per year ($10 fee per transfer thereafter; this does not include Automatic Rebalancing). è May transfer out of GPO by notifying Transamerica 30 days prior to end of GPO. 1 Refers to Life with Available Cash SM in NJ. Not available in MN, OR, or WA. 2 May not be available in all states and may vary by state. 4 PRODUCT GUIDE

Transamerica Variable Annuities: Important Information About Optional Benefits May not be available on all products; check specific product for details. May not be available in all states and may vary by state. Death Benefits: è Policy Value = Greater of policy value or policy value at the time of death notification. è Return of Premium = Premium payments less adjusted partial withdrawals. è Annual Step-Up = Highest policy value on either the issue date or any policy anniversary, plus premiums, and less adjusted partial withdrawals that occur after the anniversary with the highest value. Step-ups stop at age 81, fee will continue to be charged. Issue ages 0-75. Policy Options: Additional Death Distribution SM (ADD SM ) Rider For an additional fee this optional rider can provide beneficiaries an uncapped 40% of rider earnings for issue ages under 71 or 25% for issue ages 71-80. The rider earnings are the policy gains accrued and not previously withdrawn since the rider date. Rider can be elected or dropped at any time prior to age 81. No benefit is payable if there are no rider earnings on the date the death proceeds are calculated. Benefits payable from the rider will be taxed as ordinary income, as will the earnings portion of the death benefit. Additional Death Distribution+ SM (ADD+ SM ) Rider For an additional fee this optional rider can provide beneficiaries an uncapped 30% of the rider benefit base for issue ages 0-70, or 20% for issue ages 71-75. The rider benefit base is equal to the policy value at the time the death proceeds are calculated, less any premiums added after the rider date. Rider may be elected at any time prior to age 76. This rider will pay the full benefit amount after the fifth rider anniversary. Prior to that, the benefit amount is equal to this rider s fees paid. The rider may be added or dropped at any time through age 75, though one year must pass between dropping and being added again. No benefit is payable if premiums added after the rider date exceed the policy value at the time the death proceeds are calculated. Benefits payable from the rider will be taxed as ordinary income, as will the earnings portion of the death benefit. Living Benefits: Only one living benefit rider is available on a policy at a time. Retirement Income Choice SM 1.2 Rider Base Rider. This rider provides a growth component and guaranteed payments for life should the annuity s policy value fall to zero. The growth component of the rider currently provides guaranteed 5% compounded annual growth on the Withdrawal Base (WB) each year for up to 10 years. No growth will be applied in rider years when withdrawals are taken. The 5% growth rate applies only to the WB; it does not apply to policy value, optional death benefits, or other optional benefits. The growth period will not reset with an Automatic Step-Up. The maximum percentage that can be withdrawn according to the rider each year is based on the annuitant s age when withdrawals are first made, however, the withdrawal percentage may increase upon manual upgrade or Automatic Step-Up. The rider fee is deducted on each rider quarter in arrears. For Designated Allocation option fee calculation purposes, the rider fee will be weighted based on the policy value in each respective group as of the beginning of each rider quarter, and will be adjusted for certain policy activity during the rider quarter. Manual Upgrades. The rider can be manually upgraded during the 30-day window following each fifth year rider anniversary. With a manual upgrade, the withdrawal percentage can be increased if the annuitant has entered a new age bracket, and the growth benefit will reset to a new 10-year period. When clients upgrade, the current rider will terminate and a new rider will be issued. The new rider will have its own terms and conditions, and the fee and growth rate may be different. The WB will be reset to equal the current policy value. The WB is equal to the policy value when the rider is added, plus any additional premiums, and less any adjustments for excess withdrawals after the rider is added. If the rider is added in the first policy year, the WB does not include any premium enhancements, if applicable. Your client must wait until the rider year after they turn age 59 to begin withdrawals permitted under the rider. If the rider is purchased prior to age 59, however, the rider fee will still apply. Withdrawals reduce the policy value, death benefits, and other values. The rider may be added anytime between ages 0-85 and terminated within 30 days following each fifth rider year anniversary. On the maximum annuity commencement date the rider terminates. By annuitizing the policy, your client will have the option to receive lifetime payments that are no less than the withdrawals allowed by the rider. Should the annuity s policy value fall to zero, your client will receive payments that are no greater than the rider withdrawal amount prior to the policy value dropping to zero. Annuitization must generally occur by the annuitant s age 95. See rider and prospectus for details. In the state of New Jersey for the joint life option of this rider, the joint life is not limited to the annuitant s spouse. Withdrawals in excess of the amounts allowed under the riders will result in a decrease of the dollar amount of future withdrawals available under the riders. Withdrawals may be subject to surrender charges.. Doubles the withdrawal percentage if the annuitant (or, if the joint life option is elected, their spouse) were to be confined in a hospital or nursing facility for 180 of the last 365 days. To elect the benefit your client cannot already be confined in a hospital, nursing facility or Alzheimer s disease facility (qualifying facility). To activate, the rider must have been in place for one year (waiting period) and your client or your client s spouse confined for 180 of the last 365 days in a qualifying facility. The one-year waiting period and 180-day elimination period may occur simultaneously. The elimination period is 90 days in Pennsylvania. Confinement must be prescribed by a physician due to physical or cognitive ailments. A qualifying facility does not include: 1) assisted living facilities; 2) a rehabilitation hospital; 3) a place which is primarily for treatment of mental or nervous disorders, drug addiction or alcoholism; 4) a home for the aged; 5) a rest home, community living center or place that provides domestic, resident, retirement or education care; 6) personal care homes; 7) residential care facilities; 8) adult foster care facilities; 9) congregate care facilities; 10) family and group assisted living facilities; 11) personal care boarding homes; 12) domiciliary care homes; 13) basic care facilities; or 14) similar facilities. The benefit is not available in all states and is not long term care insurance. Retirement Income Max SM Rider Base Rider. This rider provides a growth component and guaranteed payments for life should the annuity s policy value fall to zero. The growth component of the rider currently provides guaranteed 5% compounded annual growth on the Withdrawal Base (WB) each year for up to 10 years. No growth will be applied in rider years when withdrawals are taken. The 5% growth rate applies only to the WB; it does not apply to policy value, optional death benefits, or other optional benefits. The growth period will not reset with an Automatic Step Up. The maximum percentage that can be withdrawn according to the rider each year is based on the annuitant s age when withdrawals are first made, however, the withdrawal percentage may increase upon manual upgrade or Automatic Step Up. The WB is equal to the policy value when the rider is added, plus any additional premiums, and less any adjustments for excess withdrawals after the rider is added. If the rider is added in the first policy year, the WB does not include any premium enhancements, if applicable. Your client must wait until the rider year after they turn age 59 to begin withdrawals permitted under the rider. If the rider is purchased prior to age 59, however, the rider fee will still apply. Withdrawals reduce the policy value, death benefits, and other values. The rider may be added anytime between ages 0-85 and terminated within 30 days following each fifth rider year anniversary. On the maximum annuity commencement date the rider terminates. By annuitizing the policy, your client will have the option to receive lifetime payments that are no less than the withdrawals allowed by the rider. Should the annuity s policy value fall to zero, your client will receive payments that are no greater than the rider withdrawal amount prior to the policy value dropping to zero. Annuitization must generally occur by the annuitant s age 95. See rider and prospectus for details. Withdrawals in excess of the amounts allowed under the riders will result in a decrease of the dollar amount of future withdrawals available under the riders. Withdrawals may be subject to surrender charges. Retirement Income Choice SM 1.2 and Retirement Income Max SM Automatic Step-Ups. On each rider anniversary, the Withdrawal Base (WB) will be set to equal the greatest of the policy value, highest Monthiversary SM value (rider month anniversary), or the WB with the 5% compounded growth, if applicable. The highest Monthiversary SM value is not applicable in years an excess withdrawal is taken. When the WB is increased due to the policy value or the highest Monthiversary SM value, it is called an Automatic Step-Up. With the Automatic Step-Up your client will not have to keep track of each of these values, and your client s WB will be adjusted to reflect the highest of these amounts. Note that Automatic Step-Ups affect the WB only and do not affect policy value, or other rider values. (The 5% growth period will not reset with an Automatic Step-Up.) The Retirement Income Choice SM 1.2 rider fee percentage may increase beginning with the fifth rider anniversary with an Automatic Step-Up and the Retirement Income Max SM fee percentage may increase after the first rider year with an Automatic Step-Up. The maximum rider fees are 0.75% higher than the initial fee. For the Retirement Income Choice SM 1.2 and Retirement Income Max SM riders, the withdrawal percentage is recalculated at the time of an Automatic Step-Up. If the Automatic Step-Up is rejected, any change or reset of the withdrawal percentage at step-up will be reversed. Your client will have 30 days after the rider anniversary to reject an Automatic Step-Up. If your client rejects an Automatic Step-Up, your client must notify us in a manner which is acceptable to us, however your clients are eligible for future Automatic Step-Ups. Changes as a result of the Automatic Step-Up feature will be reversed. Any increase in the rider fee percentage will also be reversed, and the WB will be set to the WB prior to the Automatic Step-Up. PRODUCT GUIDE 5

Transamerica Variable Annuities: Investment Options OPEN ALLOCATION INVESTMENT OPTIONS WITH RETIREMENT INCOME CHOICE SM 1.2 Fee: 1.25% Asset Allocation Strategic AllianceBernstein Balanced Wealth Strategy Portfolio Class B TA AllianceBernstein Dynamic Allocation TA Asset Allocation Conservative TA Asset Allocation Growth TA Asset Allocation Moderate Growth TA Asset Allocation Moderate TA Efficient Markets TA International Moderate Growth TA Janus Balanced TA Multi-Managed Balanced Tactical American Funds Asset Allocation Fund Class 2 Fidelity VIP Balanced Portfolio Service Class 2 GE Investments Total Return Fund Class 3 TA AEGON Tactical Vanguard ETF Balanced TA AEGON Tactical Vanguard ETF Conservative TA AEGON Tactical Vanguard ETF Growth TA BlackRock Global Allocation TA BlackRock Tactical Allocation TA Hanlon Balanced TA Hanlon Growth and Income TA Hanlon Growth TA Hanlon Income TA JPMorgan Tactical Allocation TA Legg Mason Dynamic Allocation Balanced TA Legg Mason Dynamic Allocation Growth Index TA Vanguard ETF Index Aggressive Growth TA Vanguard ETF Index Balanced TA Vanguard ETF Index Conservative TA Vanguard ETF Index Growth Large-Cap Growth American Funds Growth Fund Class 2 TA Jennison Growth TA Multi Managed Large Cap Core TA WMC Diversified Growth Large-Cap Blend American Funds Growth-Income Fund Class 2 Fidelity VIP Contrafund Portfolio Service Class 2 TA JPMorgan Enhanced Index TA Morgan Stanley Capital Growth Large-Cap Value AllianceBernstein Growth and Income Portfolio Class B TA BlackRock Large Cap Value Mid-Cap Growth Fidelity VIP Mid Cap Portfolio Service Class 2 TA Morgan Stanley Mid-Cap Growth Mid-Cap Blend Fidelity VIP Value Strategies Portfolio Service Class 2 TA Systematic Small/Mid Cap Value Mid-Cap Value TA JPMorgan Mid Cap Value Small-Cap Growth MFS New Discovery Series Service Class TA T. Rowe Price Small Cap Foreign Stock American Funds International Fund Class 2 TA Clarion Global Real Estate Securities TA MFS International Equity TA Morgan Stanley Active International Allocation Fixed Income American Funds Bond Fund Class 2 TA AEGON High Yield Bond TA AEGON U.S. Government Securities TA JPMorgan Core Bond TA PIMCO Real Return TIPS TA PIMCO Total Return Guaranteed Fixed Accounts Money Market TA AEGON Money Market Not all investment options are available in all states. All TA investment options are Transamerica Series Trust Service Class (Investment Adviser Transamerica Asset Management, Inc.) unless otherwise noted. Please see prospectus for details. Investment option names may vary from their corresponding portfolio names. Please see the contract prospectus for portfolio names. For Retirement Income Max SM rider, 100% of your clients policy value must be allocated to the Designated Investment Options. With the Retirement Income Choice SM 1.2 rider, your clients must allocate 100% of their policy value between the Designated Allocation option or Open Allocation option. With the Designated Allocation option your clients choose any combination of designated investment options. With the Open Allocation option your clients may choose any investment options available with their policy. With this allocation option, Transamerica can utilize the Open Allocation Method (OAM), which is part of Transamerica s risk management investment strategy to deliver the rider s guarantees through all market cycles. It permits Transamerica to use a pre-determined mathematical formula to reallocate money into OAM investment options (currently only TA ProFund UltraBear see the fund prospectus for more information) if their policy value should drop. As the policy value recovers by a certain percentage above the rider guarantee, Transamerica will move all or a portion of the re-allocated money back into your clients chosen investment options, though possibly not as quickly as they might desire. This could potentially limit your clients ability to fully participate in the market s growth. 6 PRODUCT GUIDE

Transamerica Variable Annuities: Investment Options DESIGNATED ALLOCATION INVESTMENT OPTIONS Allocation Options and Fees WITH RETIREMENT INCOME CHOICE SM 1.2 A: 1.55% B: 1.10% C: 0.70% Asset Allocation Strategic TA AllianceBernstein Dynamic Allocation 3 TA Asset Allocation Conservative 3 TA Asset Allocation Moderate Growth 3 TA Asset Allocation Moderate 3 TA International Moderate Growth 3 TA Janus Balanced 3 Tactical TA AEGON Tactical Vanguard ET Balanced 3 TA AEGON Tactical Vanguard ET Conservative 3 TA AEGON Tactical Vanguard ETF Growth 3 TA BlackRock Tactical Allocation 3 TA JPMorgan Tactical Allocation 3 TA Legg Mason Dynamic Allocation Balanced 3 TA Legg Mason Dynamic Allocation Growth 3 Index TA Vanguard ETF Index Balanced 3 TA Vanguard ETF Index Conservative 3 TA Vanguard ETF Index Growth 3 Fixed Income American Funds Bond Fund Class 2 3 TA AEGON U.S. Government Securities 3 TA JPMorgan Core Bond 3 TA PIMCO Real Return TIPS 3 TA PIMCO Total Return 3 Guaranteed Fixed Accounts 3 Money Market TA AEGON Money Market 3 DESIGNATED INVESTMENT OPTIONS WITH RETIREMENT INCOME MAX SM American Funds Bond Fund Class 2 TA AEGON Money Market TA AEGON Tactical Vanguard ETF Balanced TA AEGON Tactical Vanguard ETF Conservative TA AEGON U.S. Government Securities TA Asset Allocation Conservative TA Asset Allocation Moderate TA JPMorgan Core Bond TA JPMorgan Tactical Allocation TA Legg Mason Dynamic Allocation Balanced TA PIMCO Real Return TIPS TA PIMCO Total Return TA Vanguard ETF Index Balanced TA Vanguard ETF Index Conservative Guaranteed Fixed Accounts PRODUCT GUIDE 7

Other Benefits: Liquidity Rider (Landmark SM Only) This optional rider, for an additional fee, allows for a reduced surrender charge schedule from seven to four years for each premium payment. The surrender charge schedule is 8%, 8%, 7%, and 6%. This rider provides greater flexibility when taking withdrawals from the policy. Access Rider (Principium SM II Only) This optional rider will, for an additional fee, enhance liquidity by eliminating all surrender charges during the accumulation phase. Not available in Oregon. Important Information for Extra SM The overall expenses for this policy may be higher than the expenses for a similar policy that does not pay a premium enhancement. Over time, the value of the premium enhancement could be more than offset by the higher charges. Premium enhancements are treated as earnings for distribution purposes and will be subject to market risk when allocated to the variable investment options. Please note the premium enhancement is not intended as a reimbursement of surrender charges on an existing annuity. The premium enhancement percentage is based on the age of the client on the premium payment date. Dollar cost averaging results in the purchase of more units when the unit value is low, and fewer units when the unit value is high. However, there is no guarantee that the dollar cost averaging program will result in higher policy values or will otherwise be successful. Dollar cost averaging requires regular investing regardless of fluctuating prices and does not guarantee profits or prevent losses in a declining market. Should your clients elect to make systematic transfers from the Fixed Account, any fixed rates credited will be paid on declining balances resulting in a significantly lower actual rate. Before your client elects this option, they should consider their financial ability to continue transfers through periods of both high and low price levels. Amounts allocated to the subaccounts of the separate account are subject to investment risk, including possible loss of principal. Guaranteed Fixed Accounts details: With the Fixed Account, funds are allocated at a fixed interest rate, guaranteed by the issuing insurance company, for 1, 3, 5, or 7 years. Availability varies by state. A premature withdrawal from the Fixed Account may be subject to an Excess Interest Adjustment. The adjustment is based upon the difference between the rate set for the option when it was selected and the current rate set by the company at the time the withdrawal is taken. If the new money rate has decreased, your client will benefit from a positive interest adjustment. If the rate has increased, your client will be assessed a negative adjustment. See prospectus for details. Your clients should consider a variable annuity s investment objectives, risks, charges, and expenses carefully before investing. Call 1-800-851-7555 for a contract and fund prospectus containing this and other information. Encourage them to read it carefully. All guarantees, including optional benefits, are based on the claims-paying ability of the issuing insurance company. Financial institutions that sell our products may have their own guidelines to determine suitability of our variable annuity policies and/or riders. Some financial institutions may have specific issue ages for our variable annuity policies and may not have all living and death benefits available. Withdrawals are based on the annual compounding value at the beginning of each policy year. A withdrawal adjustment will apply to withdrawals on the Annual Step-Up and Return of Premium Death Benefits. The adjustment will reduce the death benefit amount in direct proportion to the percentage the policy value was reduced, assuming the policy value is less than the death benefit value. This can increase the amount deducted from the death benefit. Current withdrawals decrease policy value and future withdrawals. Assumes policy value never equals zero. For civil union partners, registered domestic partners, or other similar relationships as recognized by your clients state, please contact a qualified tax advisor prior to purchasing. Withdrawals of taxable amounts are subject to ordinary income taxes and, if taken prior to age 59½, a 10% federal tax penalty may apply. All policies, riders, and forms may vary by state, and may not be available in all states. AV920 101 168 603, AV924 101 168 603, Oregon AV1068 101 168 603, AV1140 101 192 604, AV1332 101 192 604, Oregon AV1375 101 192 604, AV864 101 165 103, AV893 101 165 103, Oregon AV1372 101 165 103, AV950 101 175 603, AV959 101 175 603, Oregon AV1360 101 175 603, AV1025 101 178 903, AV1029 101 178 903, Oregon AV1389 101 178 903, RGMD 8 0603, RGMD 8 0603 (OR), RGMD 5 0103, RGMD 5 0103 (FL), RGMD 5 0103 (OR), RTP 18 0103, RTP 18 0103 (OR), RTP 17 0103, RTP 17 0103 (OR), RLS 2 102, RLS 2 102 (OR), RDR 3 106, RDR 4 507, RGMB 35 0109, RGMB 36 0109, RGMB 35 0109 (IS) (FL), RGMB 36 0109 (IS) (FL), other versions also available, RGMB 35 1211R (IS)(OR), RGMB 35 1211R (IJ)(OR), RGMB 35 1211R (AS)(OR), RGMB 35 1211R (AJ)(OR), RGMB 36 1211R (IS)(OR), RGMB 36 1211R (IJ)(OR), RGMB 36 1211R (AS)(OR), RGMB 36 1211R (AJ)(OR), RGMB 41 0111, RGMB 41 0111 (IS) (FL), RGMB 41 0111 (IJ) (FL), RGMB 41 1211R (IS)(OR), RGMB 41 1211R (IJ)(OR) Contact Us Regular Mail P.O. Box 3183 Cedar Rapids, IA 52406-3183 Express Mail 4333 Edgewood Rd. NE Cedar Rapids, IA 52499 Customer Care Group 1-866-835-8866 Sales Support 1-800-851-7555 Commissions 1-800-346-3677 (Option 3) Licensing 1-800-346-3677 (Option 4) www.transamericaannuities.com 8 PRODUCT GUIDE