Aegon (AGN) AGM 2025 summary

Opening remarks and agenda

• The meeting was opened by the Chair, with introductions of board members and key executives, and confirmation of proper convening under relevant laws.

• Voting procedures and virtual participation were explained, with live voting enabled throughout the meeting.

Financial performance review

• Operating capital generation reached EUR 1.2 billion, in line with increased guidance.

• Free cash flow rose to EUR 759 million, supported by higher earnings and capital returns from the ASR stake.

• Gross financial leverage remained stable at EUR 5.2 billion, with cash capital at the holding at EUR 1.7 billion.

• Significant capital was returned to shareholders via over EUR 900 million in share buybacks and a 17% dividend increase.

Dividend announcements

• A final dividend of EUR 0.19 per share was proposed, bringing the full-year dividend to EUR 0.35, a 17% increase from 2023.

• The company is on track to reach its 2025 dividend ambition of around EUR 0.40 per share.