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 under the Executive Board share-based compensation plans. The repurchased shares will be held as treasury shares until allotted to plan participants.

The share repurchase will begin on January 9, 2023 and is expected to be completed on or before January 30, 2023. Aegon will engage a third party to perform the transactions 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.

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

About Aegon

Aegon is an integrated, diversified, international financial services group. The company offers investment, protection and retirement solutions with a strategic focus on three core markets (the United States, the United Kingdom and the Netherlands), three growth markets (Spain and Portugal, Brazil and China) and a global wealth manager. Aegon’s purpose of Helping people live their best life runs through all its activities. As a leading global investor and employer, the company strives to make a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity. Aegon is headquartered in The Hague, The Netherlands and is listed on Euronext Amsterdam and the New York Stock Exchange. For more information, see aegon.com.