Company: AEGOF
Filing Date: 2025-05-16
Form Type: 6-K
Source: 0001193125-25-121236
Chunk: 67

Company: AEGON LTD.
Filing Date: 2025-05-16
Form: 6-K
Chunk 67
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 to be equivalent or provisionally equivalent. The US life insurance entities are the most material entities for which D&A is applied. Based on proportionality Aegon also includes certain (re)insurance entities domiciled in non-equivalentthird countries through the D&A method. Aegon Group’s Own Funds are calculated net of material intra-group transactions. Accounting consolidation method The following applies in regard to the consolidation of Own Funds and Solvency Capital Requirement using the AC method:

| 51 |     | | Aegon Financial Condition Report 2024 |

| Capital management  Eligible Capital |

| • |     | Aggregation of Solvency II entities: |

| ○ |     | The assets and liabilities of all entities for which full consolidation applies are consolidated on a line-by-line basis into Aegon’s                                                                                                          
 Group balance sheet. The majority of Aegon’s European legal entities are reported in this category. The most significant legal entity is domiciled in the United Kingdom. Joint ventures are proportionally included based on Aegon’s share of 
 ownership. The calculation of the related capital requirement can be either on a Solvency Partial Internal Capital Model basis or on a standard formula basis (please see section E.3.5 for more details on the difference                     
 between standard formula and Aegon’s partial internal capital model used);                                                                                                                                                                     |

| ○ |     | The benefit of diversification of capital requirements between these entities is included in this aggregation. |

| • |     | Aggregation of non-controlling entities, Other Financial Sector entities, the stake in a.s.r. and other entities: |

| ○ |     | For non-controlling entities, the proportional value of the participation is included in the consolidated data. This value is calculated in accordance with the adjusted equity 
 method;                                                                                                                                                                         |

| ○ |     | For Other Financial Sector entities (for example Asset Management), the proportional share of Own Funds and capital requirements according to relevant sectorial rules is included into the Group Solvency calculation; |

| ◾ |     | 29.95% of the Excess of Assets over Liabilities of a.s.r. (corrected for own shares and minority interests) is added to the Group Available Own Funds; |

| ◾ |     | 29.95% of the net SCR of a.s.r. is added to the Group net SCR; and |

| ○ |     | For Other entities, the value of participations is