Company: AEGOF
Filing Date: 2025-05-16
Form Type: 6-K
Source: 0001193125-25-121236
Chunk: 11

Company: AEGON LTD.
Filing Date: 2025-05-16
Form: 6-K
Chunk 11
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 shares. The Board determines the remuneration and other terms of service of the Executive Director and the Non-ExecutiveDirectors, with due observance of the remuneration policy for the Board. This remuneration policy is adopted by the General Meeting ultimately at the fourth annual general meeting held after the General Meeting in which the remuneration policy was most recently adopted. Committees The Board also oversees the activities of its committees. These committees are composed exclusively of Non-ExecutiveDirectors and deal with specific issues related to Aegon’s financial accounts, risk management, executive remuneration, and appointments. These committees are the:

| • |     | Audit Committee; |

| • |     | Risk Committee; |

| • |     | Compensation and Human Resource Committee; and |

| • |     | Nomination and Governance Committee |

Audit Committee Aegon has both an Audit Committee and a Risk Committee. With regard to the oversight of the operation of the risk management framework and risk control systems, including supervising the enforcement of relevant legislation and regulations, the Audit Committee operates in close coordination with the Risk Committee. Certain Board members participate in both committees and a combined meeting of the Audit and Risk Committees is scheduled on an annual basis. The main role and responsibilities of the Audit Committee are to assist and advise the Board in fulfilling its oversight responsibilities regarding:

| • |     | The integrity and quality of the consolidated financial statements for the Group; |

| • |     | The effectiveness of the design, operation, and appropriateness of the enterprise risk management framework and internal control systems of the Group, including supervising the enforcement of the relevant legislation 
 and regulations, supervising the operation of the code of conduct, and monitoring the internal control over financial reporting;                                                                                         |

| • |     | The disclosure of financial and non-financial information by the Group, including but not limited to the choice of accounting policies, application, and assessment of the effects 
 of new rules, information about the handling of estimated items in the annual accounts, forecasts, and work of the External and Internal Auditors;                                 |

| 14 |     | | Aegon Financial Condition Report 2024 |

| Governance structure  Parent board and senior executives |

| • |     | Compliance with recommendations and observations and following up on comments of Internal and External Auditors, including the review of compliance and complaints (whistleblowing) procedures and reports; |

| • |     | The role and functioning of the internal audit function; |

|