Company: AEGOF
Filing Date: 2025-05-16
Form Type: 6-K
Source: 0001193125-25-121236
Chunk: 18

Company: AEGON LTD.
Filing Date: 2025-05-16
Form: 6-K
Chunk 18
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 as well as developments in, the countries in which the Group is active; |

| • |     | A financial expert, and more in general, financial, accounting and business economics’ expertise and the ability to judge issues in the areas of solvency, actuarial, currencies, investment and acquisition projects, 
 and risk management, including the management of cybersecurity risk;                                                                                                                                                   |

| • |     | An understanding of employment relationships, human resources, and social developments; |

| • |     | An understanding of public policy, regulatory, compliance and legal matters, and corporate governance; |

| • |     | Insight into, and experience with, sustainability or Environmental, Social and Governance (ESG) aspects; and |

| • |     | Experience and knowledge in the area of executive remuneration. |

Control functions Furthermore, with regard to rule 4.5 of the Insurance (Group Supervision) Rules 2011, Aegon has implemented the following control functions: Risk Management, Compliance, Internal Audit, and the Actuarial Function. These functions have been in place within Aegon for many years. Risk Management The Aegon Group Chief Risk Officer (CRO) is the function holder for risk management. The Aegon Group CRO is also member of the Executive Committee and of high-level Risk Committees. For more information about the risk management system and its functions, please refer to section B.3 Risk management Solvency self-assessment . Compliance The Global Head of Compliance is the function holder for compliance. For more details about the Compliance function reference is made to section B.4.1 Internal control system . Internal Audit The Global Head of Internal Audit is the function holder for Internal Audit. In line with the requirements, Internal Audit is objective and independent from the operational functions, reporting directly to the CEO and the Audit Committee Board of Directors. For more details about the Internal Audit function refer to section B.5 Internal Audit Function . Actuarial Function The Actuarial Function Holder is the Global Chief Actuary & Head of Underwriting Risk Management and is part of the second line at Aegon Group level. For more details about the Actuarial Function please refer to section B.6 Actuarial Function .

| 18 |     | | Aegon Financial Condition Report 2024 |

| Governance structure  Risk management and Solvency self-assessment |

The key functions stated above have the necessary resources to carry out their tasks. Resourcing of staff and other