Company: AEGOF
Filing Date: 2025-05-16
Form Type: 6-K
Source: 0001193125-25-121236
Chunk: 25

Company: AEGON LTD.
Filing Date: 2025-05-16
Form: 6-K
Chunk 25
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, sections of the report can be produced on a more frequent or ad hoc basis.                                                                                                     |

| • |     | Liquidity Risk Management Plan: Risk Tolerance Statement for liquidity requires that the Group and each legal entity must have sufficient liquidity to meet cash demands after an extreme event. The Risk Tolerance 
 Statement is further developed into a set of specific limits, policy requirements and other operating standards, methodologies and procedures that must be complied with to maintain within tolerance.              |

| • |     | Aegon Recovery Plan: serves as a useful management tool for Aegon to manage through crisis situations. Among others, the recovery measures are in place to help Aegon recover from a crisis situation. It demonstrates 
 Aegon’s ability to recover from company-specific and market-wide stresses, bringing both capital and liquidity position under pressure. It contains an up-to-date                                                      
 list of our contingent recovery measures which are available to improve capital and liquidity during or after a crisis.                                                                                                |

In addition to running our business with an GSSA mind-set,a GSSA report is produced annually and required for regulatory purposes. The GSSA report includes at least an assessment of the current and forward-looking risk profile and capital position in quantitative as well as qualitative terms, as well as a summary of how risk management is embedded within the business strategy and medium-term plan, providing a forward looking perspective to achieve our targets and remain solvent given our risk profile.

| 22 |     | | Aegon Financial Condition Report 2024 |

| Governance structure  Internal controls |

B.3.4 A description of the Solvency self-assessment approval process including the level of oversight and independent verification by the parent board and senior executives The GSSA process is iterative and subject to ongoing monitoring. The CEO meeting is responsible for the direction, integration of the business strategy and key decision making in respect of the Budget/MTP. The CEO meeting oversees the delivery of the Budget/MTP and GSSA and acts as an escalation point for decisions, risks or issues up to the Board of Directors. It approves all key deliverables throughout the process. The GSSA process is also used for decision making and responding to changes impacting the business. Use of the GSSA process relates to actions recommended to the CEO arising from the GSSA, including monitoring the completion of the actions. The annually updated Aegon Recovery Plan is subject to endorsement by the Group Risk & Capital Committee and approval by the CEO. The monthly Group