Company: AEGOF
Filing Date: 2025-05-15
Form Type: F-3ASR
Source: 0001193125-25-120338
Chunk: 31

Company: AEGON LTD.
Filing Date: 2025-05-15
Form: F-3ASR
Chunk 31
---
 of the partnership or a beneficial owner would not have been entitled to any additional amount had it been the holder of the debt security. Conversion or Exchange The terms, if any, upon which debt securities of any series are convertible into or exchangeable for other securities will be set forth in the related prospectus supplement. These terms may include the conversion price, 26

the conversion period, provisions as to whether conversion or exchange will be at the option of the holders of that series of debt securities or at our option, provisions concerning conversions arising not at the option of the holder or the issuer but resulting from a breach of regulatory capital requirements, any events requiring an adjustment of the conversion price, provisions affecting conversion in the event of the redemption of such series of debt securities and other relevant provisions relating to those securities. Events of Default Except as may otherwise be provided for in the related prospectus supplement or, if applicable, the relevant pricing supplement, the following are defined as events of default with respect to senior debt securities of any series outstanding under the indenture:

| (a) | failure to pay principal or premium, if any, on any debt security of that series when due, and continuance of 
 such a default beyond any applicable grace period;                                                            |

| (b) | failure to pay any interest on any debt security of that series when due, and continuance of such a default for 
 a period of 30 days beyond any applicable grace period;                                                         |

| (c) | failure to deposit any sinking fund payment, when due and continuance of such a default beyond any applicable 
 grace period, on any debt security of that series;                                                            |

| (d) | failure to perform any of our other covenants or the breach of any of the warranties in the indenture after                  
 being given written notice and continuance of such a default for a period of 90 days beyond any applicable grace period; and |

| (e) | certain events in bankruptcy, insolvency or reorganization of Aegon Ltd. or AFC. |

The events of default in respect of subordinated debt securities will be set out in the related prospectus supplement or, if applicable, the relevant pricing supplement. If an event of default for any series of debt securities occurs and continues, the trustee or the holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series may accelerate the maturity of the debt securities of that series (or, such portion of the principal amount of such debt securities as may be specified in a