Company: AEGOF
Filing Date: 2025-05-15
Form Type: F-3ASR
Source: 0001193125-25-120338
Chunk: 2

Company: AEGON LTD.
Filing Date: 2025-05-15
Form: F-3ASR
Chunk 2
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 relation to our shareholding in ASR Nederland N.V. and its asset management business, the Netherlands;    |

| • |     | Changes in the performance of financial markets, including emerging markets, such as with regard to: |

| • |     | The frequency and severity of defaults by issuers in our fixed income investment portfolios; |

| • |     | The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting 
 decline in the value of the equity and debt securities we hold; and                                             |

| • |     | The effects of declining creditworthiness of certain public sector securities and the resulting decline in the 
 value of government exposure that we hold;                                                                     |

| • |     | Civil unrest, (geo-) political tensions, military action or other                                        
 instability in countries or geographic regions that affect our operations or that affect global markets; |

| • |     | Changes in the performance of our investment portfolio and decline in ratings of our counterparties; |

| • |     | The impact from volatility in credit, equity, and interest rates; |

| • |     | The effect of tariffs and potential trade wars on trading markets and on economic growth, globally and in the 
 markets where we operate;                                                                                     |

| • |     | Lowering of one or more of our debt ratings issued by recognized rating organizations and the adverse impact such 
 action may have on our ability to raise capital and on its liquidity and financial condition;                     |

| • |     | Lowering of one or more of insurer financial strength ratings of our insurance subsidiaries and the adverse                      
 impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries; |

| • |     | Any constraints on our ability to pay dividends; |

| • |     | Changes affecting interest rate levels and low or rapidly changing interest rate levels; |

| • |     | Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates; |

| • |     | The effects of global inflation, or inflation in the markets where we operate; |

| • |     | Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets                  
 funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness; |

| • |     | Increasing levels of competition in the United States, the United Kingdom and emerging markets and, in relation 
 to our shareholding in ASR Nederland N