Articles from Aegon N.V.

The Hague, September 30, 2023 - Aegon’s Extraordinary General Meeting of shareholders (EGM) today approved the cross-border conversion into a Bermuda Limited company. After the completion of the EGM, the change of Aegon’s legal seat to Bermuda has been effectuated, as a result of which the company became a Bermuda entity: Aegon Ltd. As of October 1, 2023, the Bermuda Monetary Authority will be Aegon’s group supervisor.

The Hague, September 29, 2023 - Aegon’s Extraordinary General Meeting of shareholders (EGM) today approved the first step in the company’s redomiciliation to Bermuda and adopted all other agenda items. These included amendments to the Articles of Association of Aegon N.V. to reflect the conversion into a Luxembourg S.A.; as well as the appointment of the members of the Board of Directors of Aegon S.A. and of the Board of Aegon Ltd.

The Hague, August 17, 2023 - Today, Aegon N.V. has published the Agenda and Shareholder Circular for its two upcoming Extraordinary General Meetings of Shareholders (EGM) on September 29 and September 30, 2023.

Please click here to access all 1H2023 results related documents

The Hague, July 17, 2023 - Aegon today announces that a coupon rate of 3.93894% has been determined for the USD Perpetual Capital Securities (ISIN: NL0000116168) (the Securities). The coupon rate, which was determined in accordance with the provisions described in conditions 5(c) and 5(e) of the terms and conditions of the Securities, will be applicable to the coupon period that begins onJuly 15, 2023 and ends on October 15, 2023.

The Hague, July 6, 2023 - Aegon today announces the beginning of a EUR 1.5 billion share buyback program. This follows the completion of the combination of its Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r. that was announced on July 4, 2023.

The Hague, July 4, 2023 - La Banque Postale and Aegon Asset Management (Aegon AM) are pleased to announce the extension of their asset management joint venture partnership in LBP AM through 2035. Aegon AM originally entered into the joint venture with La Banque Postale in 2015 and holds a 25% stake in LBP AM.

The Hague, July 4, 2023 - Aegon today announces the completion of the combination of its Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r., and the beginning of its asset management partnership with a.s.r. As part of the transaction, Aegon received EUR 2.2 billion cash proceeds and a 29.99% stake in a.s.r.

The Hague, June 30, 2023 - Aegon today announces that it intends to move its legal seat to Bermuda. Subsequently, Aegon’s group supervision will transfer from the DNB to the BMA. Aegon will maintain its headquarters in the Netherlands, will remain a Dutch tax resident and will continue to be listed on Euronext Amsterdam and on the New York Stock Exchange (NYSE).

The Hague, June 16, 2023 - Aegon N.V. (Aegon) today announces that the calculation agent and the trustee have confirmed their intention to operate according to the provisions described in clause 5(c) and 5(e) of the terms and conditions of the USD Perpetual Capital Securities (ISIN: NL0000116168) (the Securities) to determine the coupon rate on the next interest determination date, on or around July 13, 2023.

The Hague, June 2, 2023 - Aegon has completed its share buyback program, announced on February 9, 2023, aimed at returning EUR 200 million of surplus cash capital to shareholders.

The Hague, June 2022, 2023 - Aegon’s ambition is to build leading businesses offering customers investment, protection and retirement solutions. Today, Aegon presents the next chapter of this transformation. Aegon CEO, Lard Friese, will be joined by CFO Matt Rider, Duncan Russell, Chief Transformation Officer, Will Fuller, CEO of Transamerica – Aegon’s largest business unit – and other members of the management team of Transamerica to outline their plans to create value. The event, entitled “Transforming Aegon – The Next Chapter,” follows the successful execution of the first phase of the company’s transformation that was announced at Aegon’s 2020 Capital Markets Day (CMD).Aegon CEO, Lard Friese, commented: “Today, Aegon is a more focused company with improved operational performance, a stronger balance sheet, and an enhanced risk profile. We have delivered on the plans outlined at our last Capital Markets Day. The transaction to combine Aegon’s Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r. closes off the first chapter of Aegon’s transformation and enables us to accelerate the execution of our strategy.“At today’s CMD, we will outline the steps we are taking to ensure that Transamerica, our US subsidiary, captures its full potential. Transamerica has had a long and proud history of making financial services available to the many, not just the few. We aim to accelerate Transamerica’s growth and build America’s leading middle market life insurance and retirement company. This rapidly growing market, representing 68 million middle income households, is the largest in the US and is relatively underserved by the financial services industry. Transamerica is well positioned to grow and to capture the opportunities in this market,” said Lard Friese.Transamerica’s strategy consists of four focus areas. First, Transamerica will invest further in World Financial Group (WFG), its insurance distribution network of around 70,000 independent agents. WFG distributes Transamerica products, as well as those of other insurers. Its distinctive, nationwide network is the third largest agency force in the United States and the largest in Canada. WFG’s agents come from a wide range of diverse cultural backgrounds, and meet the needs of the communities in which they operate. Transamerica’s ambition is to increase the number of WFG agents to 110,000 by 2027, while at the same time improving agent productivity.

The Hague, June 1, 2023 - Aegon today announces the completion of the divestment of its businesses in Poland and Romania to Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) for EUR 125 million. This was the final step to complete the full sale of Aegon’s insurance, pension and asset management business in Central and Eastern Europe to VIG, following the closings of the divestments of the Hungarian and Turkish businesses.

The Hague, May 25, 2023 - Aegon N.V.’s Annual General Meeting (AGM) today approved all resolutions on the agenda, including the adoption of the Annual Accounts for the financial year 2022, and a final dividend for 2022 of EUR 0.12 per common share, which brings Aegon’s total dividend for 2022 to EUR 0.23 per common share.

Please click here to access all 1Q 2023 trading update related documents The Hague, May 17, 2023 - Consistent delivery on strategic and financial objectives in a volatile market

The Hague, April 26, 2023 - Aegon Bank has today published its 2022 annual report. The report provides information on the bank’s strategy, governance, business, and financial performance on a statutory basis.

The Hague, April 13, 2023 - Today, Aegon N.V. has published the agenda for its Annual General Meeting of Shareholders (AGM) to be held on Thursday, May 25, 2023.The Executive Board will propose to the AGM that shareholders adopt the Annual Accounts 2022 and approve a final dividend for 2022 of EUR 0.12 per common share, which brings Aegon’s total dividend for 2022 to EUR 0.23 per common share.

The Hague, April 4, 2023 - Aegon announces today the sale of its UK individual protection book to Royal London. The transaction supports Aegon’s strategy to focus on the core Retail and Workplace platform activities in the United Kingdom, as part of the ambition to create leading businesses in its chosen markets.

The Hague, March 16, 2023 - Aegon N.V. today published its Integrated Annual Report 2022. The report provides an overview of its businesses, the company’s strategy and sustainability approach, and its financial and non-financial performance. The report also reflects on the key trends that influence Aegon's businesses and its stakeholders, and how these trends impact the way in which the company creates and shares value, today and in the future.

The Hague, March 9, 2023 - Aegon will today host an educational webinar to outline its implementation of the accounting standards IFRS 17 and IFRS 9, which have become effective on January 1, 2023. IFRS 17 is the first international accounting standard for insurance contracts and aims to create more consistency and comparability between companies. While the new accounting standard will impact Aegon’s financial reporting, it will not impact its strategy, capital management approach, financial targets, and outlook.

Please click here to access all 4Q2022 results related documents.

The Hague, January 31, 2023 - Aegon has completed the share buyback program announced on January 6, 2023, in relation to its obligations resulting from the share-based compensation plans for senior management.

The Hague, January 17, 2023 - Aegon N.V.'s Extraordinary Meeting of Shareholders (EGM) has today approved the strategic decision to combine Aegon’s Dutch pension, life and non-life insurance, banking, and mortgage origination operations with a.s.r. to create a leading player in the Dutch market.

The Hague, January 6, 2023 - Aegon announced today that it will repurchase common shares for an amount of EUR 42.5 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 Hague, December 15, 2022 - Aegon has completed two share buyback programs, one aimed at neutralizing the dilutive effect of the 2022 interim dividend paid in shares and the second to return EUR 300 million of surplus cash capital that was generated by the sale of Aegon’s Hungarian business to Vienna Insurance Group.

The Hague, November 24, 2022 - Today, Aegon N.V. has published the Agenda and Shareholder Circular for its Extraordinary General Meeting of Shareholders (EGM) on Tuesday, January 17, 2023 at 14:00 CET.

Please click here to access all 3Q 2022 results related documents.

The Hague, October 28, 2022 - Aegon has taken note of the issuance of approximately 10% additional shares that a.s.r. announced on October 28, 2022, as part of its funding in relation to the transaction to combine a.s.r. with Aegon’s Dutch pension, life and non-life insurance, banking, and mortgage origination activities.

The Hague, October 27, 2022 - Agreement marks pivotal step towards Aegon’s ambition to build leaders in chosen markets

The Hague, October 14, 2022 - Aegon announced today that it has successfully completed the divestment of its 50% stake in the Spanish insurance joint venture with Liberbank to Unicaja Banco. As announced on May 23, 2022, the sale follows the change of control in Liberbank after its merger with Unicaja Banco in 2021. Aegon Spain intends to upstream the net proceeds of the transaction to Aegon Group.

The Hague, September 27, 2022 - Aegon will repurchase common shares for an amount of EUR 133 million to neutralize the dilutive effect of the 2022 interim dividend paid in shares. These shares will be held as treasury shares and will be used to pay future stock dividends in shares.

The Hague, September 27, 2022 - Aegon has completed the share buyback program announced on July 1, 2022, aimed at neutralizing the dilutive effect of the 2021 final dividend paid in shares.

Aegon N.V.’s Annual General Meeting of Shareholders (AGM) today approved all resolutions on the agenda. These include adoption of the Annual Accounts for the financial year 2020 and a final dividend for 2020 of EUR 0.06 per common share, bringing Aegon’s total dividend for 2020 to EUR 0.12 per common share.

Strong progress on expense savings program and plans to improve risk profile