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 aimed at selling 300 million Aegon’s Hungarian business to Vienna Insurance Group.

The shares repurchased as part of the buyback program announced on September 27, 2022 to neutralize the dilutive effect of the 2022 interim dividend will be held as treasury shares and will be used to pay future dividends in shares. Between October 3, 2022 and December 15, 2022, ordinary shares worth 134 million euros were repurchased. A total of 29,833,390 ordinary shares were repurchased at an average price of EUR 4.4897 per share.

The third and final €100 million tranche of the €300 million share buyback program announced on March 23, 2022 also began on October 3, 2022 and ended on December 15, 2022. Between April 1, 2022 and December 15, 2022, ordinary shares worth 302 million euros were repurchased. A total of 65,921,332 ordinary shares were repurchased at an average price of EUR 4.5766 per share. Aegon will propose to cancel these repurchased shares at its annual general meeting in May 2023.

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…