Company: AEGOF
Filing Date: 2025-02-20
Form Type: 6-K
Source: 0001193125-25-030100
Chunk: 25

Company: AEGON LTD.
Filing Date: 2025-02-20
Form: 6-K
Chunk 25
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| Net result                                                                                     |     |                 |  (65 | ) |     |              |   — |   |     |              |  (65 | ) |     |           |

31

Notes (2 of 3)

| 2) | New life sales is defined as new recurring premiums plus 1/10 of single premiums. |

| 3) | Return on equity is a ratio calculated by dividing the operating result after cost of leverage by the average 
 shareholders’ equity excluding the revaluation reserve.                                                       |

| 4) | Included in Other income/(charges) are income/(charges) made to policyholders with respect to income tax in the 
 United Kingdom.                                                                                                 |

| 5) | Reconciliation of the non-IFRS measure addressable expenses to 
 operating expenses, the most directly comparable IFRS measure. |

| Aegon Ltd.                                                  |     |         |       |   |     |         |       |   |     | unaudited |      |    |
| Expenses                                                    |     |         |       |   |     |         |       |   |     |           |      |    |
| EUR in millions                                             |     | 2H 2024 |       |   |     | 2H 2023 |       |   |     | %         |      |    |
| Insurance related employee expenses                         |     |         |   314 |   |     |         |   316 |   |     |           |   (l | %) |
| Non insurance related employee expenses                     |     |         |   617 |   |     |         |   570 |   |     |           |    8 | %  |
| Insurance related administrative expenses                   |     |         |   254 |   |     |         |   262 |   |     |           |   (3 | %) |
| Non insurance related administrative expenses               |     |         |   409 |   |     |         |   386 |   |     |           |    6 | %  |
| Operating expenses for IFRS reporting                       |     |         | 1,594 |   |     |         | 1,534 |   |     |           |    4 | %  |
| Discontinued operations - intercompany elimination          |     |         |     — |   |     |         |     — |   |     |