Company: AEGOF
Filing Date: 2025-09-02
Form Type: 6-K
Source: 0001193125-25-194076
Chunk: 1

Company: AEGON LTD.
Filing Date: 2025-09-02
Form: 6-K
Chunk 1
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 not constitute a public offering other than to qualified investors in any jurisdiction. Aegon to sell approximately 12.5 million shares in a.s.r. via an accelerated placing Aegon Ltd. (“ Aegon”) today announces its intention to sell approximately 12.5 million ordinary shares (the “ Shares”) in ASR Nederland N.V. (“ a.s.r .”). The Shares, representing approximately 6% of a.s.r.’s ordinary share capital, will be sold by way of an accelerated bookbuild offering to qualified institutional investors (the “ Offering”). a.s.r. has committed to repurchase 15% of the total Offering size up to EUR 150 million worth of Shares from Aegon at the offer price, for which Aegon has agreed to fully allocate. a.s.r. has informed Aegon it intends to cancel these Shares in due course. Following the completion of the Offering, Aegon’s shareholding in a.s.r. is expected to decrease from currently 29.96% to approximately 24% of a.s.r.’s share capital. Aegon remains fully committed to supporting a.s.r.’s strategy as its largest shareholder. The existing governance rights of Aegon under the Relationship Agreement with a.s.r. will not change as a result of the completion of the Offering. Aegon has agreed to a lock-upin respect of its remaining stake in a.s.r. of 180 calendar days following the settlement date, subject to customary carve-outs. The use of proceeds will be subject to Aegon’s capital management framework. Aegon remains committed to reducing its Cash Capital at Holding to around EUR 1.0 billion by the end of 2026. The offer price and final number of shares sold will be determined by Aegon at the conclusion of the bookbuilding process and will be announced in a separate press release. The book is open with immediate effect and might close at any time on short notice: the pricing is expected to occur tomorrow 3 September 2025. The transaction is expected to settle on 5 September 2025. J.P. Morgan, Barclays and Goldman Sachs are acting as Joint Global Coordinators for the Offering. a.s.r. will not receive any proceeds from the Offering.

Further details of the sale Any offer or sale of existing shares in a.s.r. in the Offering will be made (A) (i) outside the United States in offshore transactions in reliance on Rule 903 of Regulation S under the