Company: AEGOF
Filing Date: 2025-08-21
Form Type: 6-K
Source: 0001193125-25-184596
Chunk: 4

Company: AEGON LTD.
Filing Date: 2025-08-21
Form: 6-K
Chunk 4
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     |     | (8 | ) |
| Consolidated Group SCR       |             |     |       |     |     |   7,059 |   |     |     |   7,466 |   |     |     | (5 | ) |
| Group solvency ratio         |             |     |   5,6 |     |     |     183 | % |     |     |     188 | % |     |     |    |   |

US RBC ratio The estimated RBC ratio in the US was 420% as of June 30 2025, well above the operating level of 400%. This is a decrease of 23%-points compared with year-end2024. The OCG from operating entities applying the RBC framework had a positive contribution of 15%-points, largely offset by remittances paid to the Holding. Market movements had a 15%-points negative impact on the RBC ratio over the reporting period. Of this, 5%-points negative impact were due to hedging rebalancing and cross effects as a consequence of elevated market volatility in April. The remaining unfavorable impact was largely driven by non-economiclosses on energy-related assets under the statutory accounting framework, and lower interest rates. Finally, a negative impact of 9%-points on the RBC is explained by restructuring costs, the impact of the annual actuarial assumption updates within the RBC calculation, and several smaller items. Solvency UK ratio The estimated Solvency UK ratio for Scottish Equitable plc decreased to 185% on June 30, 2025, and remained above the operating level of 150%. The negative impacts from remittances to the Holding and investments to improve the business were broadly offset by the impact from OCG. Group solvency ratio The estimated group solvency ratio decreased to 183% on June 30, 2025. This was mainly driven by the new EUR 400 million share buyback program (of which EUR 200 million is announced today) and the announced 2025 interim dividend. Capital generation after holding funding and operating expenses amounted to EUR 224 million. This included market movements with a negative impact of EUR 271 million, mostly driven by the US. Furthermore, one-timeitems were favorable at EUR 73 million, as the adverse impact of one-timeitems in the US was more than offset by the benefits from the a.s.r. stake. 9

Operating capital generation

| A