Aegon Ltd Capital Markets Day Transcript - Thomson StreetEvents

Aegon Ltd Capital Markets Day Transcript

Aegon Ltd Capital Markets Day Transcript - Thomson StreetEvents
Aegon Ltd Capital Markets Day Transcript
Published Dec 10, 2025
49 pages (33575 words) — Published Dec 10, 2025
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Abstract:

Edited Transcript of AEGN.AS corporate analyst meeting

  
Brief Excerpt:

...All right. Good afternoon, everybody, and welcome to Aegon's 2025 Capital Markets Day. My name is Yves Cormier. I'm the Head of Investor Relations. And on behalf of the entire team, I would like to welcome you today in the room and online. Our schedule for this afternoon is the following. So first, our CEO, Lard Friese, will present the group strategy, and he will also share the outcome of the review on the potential relocation of the group to the United States. Then our CFO, Duncan Russell, will share with you the details of our financial plans for the coming years. After that, we'll have a first Q&A session with Lard and Duncan. Then we'll have a short break. And then we'll come back to listen to first Will Fuller, CEO of our US business, who will update you on the strategy of Transamerica. And finally, Shawn Johnson, CEO of Aegon Asset Management, who will take you through the Asset Management strategy. And then we'll have a second Q&A session. Before we start, I would appreciate it...

  
Report Type:

Transcript

Source:
Company:
Aegon Ltd
Ticker
AEGN.AS
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Cor Kluis - ABN Amro Bank NV - Analyst : Good Afternoon, I'm Cor Kluis, ABN AMRO, ODDO. Thanks for the presentation and an intensive morning with so much information. A couple of questions. Maybe first question is about the Cash at Holding. You now are targeting mid-end of the range by the end of next year. However, the company is changing a lot. You reduced the risk a lot by injecting and doing the transaction in the US and also the move to the US, where the US will be the key base. Might it be possible that at a certain moment, you go lower than the EUR1 billion targeted range? And what is required to go to a more normal level, given the interest and all the cost, it's quite good coverage ratio if you would have EUR1 billion there. So that's the first question. Then the second question about the UK, the decision to revise the options, including a potential sale. How far are you? How do we have to -- no, how did you come to the conclusion? And when might -- if a sale, which you put on your own slides would happen, what's the timing of that? Is it mid next year or '27 kind of moment for that? LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 10, 2025 / 1:00PM, AEGN.AS - Aegon Ltd Capital Markets Day And the last question is about the growth, the growth in the US, of course, if you look to the top line, you talk about 10% growth, 15% growth for protection. Well, if we look to the OCG, it's more zero to 5%, dividends 5%. Can you give that bridge? That has to do with new production probably, the Financial Assets, but could you help us a little bit to show that bridge? That's my -- that were my questions.

Table Of Contents

Q3 2025 Aegon Ltd Trading Statement Call Transcript – 2025-11-13 – US$ 54.00 – Edited Transcript of AEGN.AS sales update conference call or presentation 13-Nov-25 8:00am GMT

Aegon Ltd Q2 2025 Earnings Call Transcript – 2025-08-21 – US$ 54.00 – Edited Transcript of AEGN.AS earnings conference call or presentation 21-Aug-25 7:00am GMT

Aegon Ltd Annual Shareholders Meeting Transcript – 2025-06-12 – US$ 54.00 – Edited Transcript of AEGN.AS shareholder or annual meeting 12-Jun-25 1:00pm GMT

Q1 2025 Aegon Ltd Trading Statement Call Transcript – 2025-05-16 – US$ 54.00 – Edited Transcript of AEGN.AS sales update conference call or presentation 16-May-25 7:00am GMT

Full Year 2024 Aegon Ltd Earnings Call Transcript – 2025-02-20 – US$ 54.00 – Edited Transcript of AEGN.AS earnings conference call or presentation 20-Feb-25 8:00am GMT

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Thomson StreetEvents. "Aegon Ltd Capital Markets Day Transcript" Dec 10, 2025. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Aegon-Ltd-Capital-Markets-Day-T16192138>
  
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Thomson StreetEvents. (2025). Aegon Ltd Capital Markets Day Transcript Dec 10, 2025. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Aegon-Ltd-Capital-Markets-Day-T16192138>
  
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