Aegon to repurchase shares for share-based compensation plans

The Hague, April 9, 2024 - Aegon today announces it will repurchase common shares for an amount of EUR 35 million to meet its obligations resulting from the share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until they are allocated to the plan participants.

The repurchase of shares will commence on April 9, 2024, and is expected to be completed on or before June 30, 2024. Aegon will engage a third party to execute the transaction on its behalf. The common shares will be repurchased at a maximum of the average of the daily volume-weighted average prices during the repurchase period.

The execution of the transaction will be combined with the ongoing EUR 1.5 billion share buyback program that was announced on July 6, 2023, and which was 85% completed as of April 5, 2024. As a result of this combination, the progress of the ongoing share buyback will be reported based on the combined notional of EUR 1.535 billion.

Weekly updates regarding the transactions will be available on aegon.com.

Contacts

Media relations	Investor relations
Richard Mackillican	Yves Cormier
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About Aegon
Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Its portfolio of businesses includes fully owned subsidiaries in the US, UK, and a global asset manager. In addition, Aegon has partnerships in Spain & Portugal, Brazil, and China, which create value by combining strong local partners with Aegon’s international expertise. In the Netherlands, Aegon generates value via a strategic shareholding in a market leading insurance and pensions company.

Aegon's purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.