The Hague, March 14, 2025 - Aegon is excited to announce the launch of a community investment program to support the community of Bermuda, in line with our purpose of Helping people live their best lives. The new program has three components: education, financial and social empowerment, and a grant to the Bermuda Foundation. The program further strengthens our relationship with Bermuda that began twenty years ago when Transamerica Life Bermuda, an Aegon subsidiary, established its presence on Bermuda, and was deepened by the redomiciliation of Aegon's legal seat to Bermuda in September 2023.
Lard Friese, CEO Aegon: “Our commitment to Bermuda goes beyond business; it’s about building lasting relationships and contributing to the growth and well-being of this vibrant community. We are excited to work together with partners that offer financial and social opportunities to help more people live their best lives.”
Education
Starting in the new academic year of 2025/2026, Aegon will support students pursuing careers within Bermuda’s local economy, in important industries like healthcare, the trades and technology sectors. The Aegon Live Your Best Life Scholarships aim to help close educational gaps for Bermudians who require financial support. Scholarships of up to $30,000 each per academic year will be available for professional and vocational training.
Financial and social empowerment
In addition, Aegon will provide grants to local nonprofit organizations that focus on financial literacy, social capabilities and resilience. This includes initiatives that promote financial education, encourage entrepreneurship and help people develop the skills they need to play an active role in Bermuda’s economy. Aegon will also support organizations addressing broader social inclusion by fostering community engagement, offering support services, and promoting safety nets.
Bermuda Foundation
Furthermore, Aegon will contribute to the Bermuda Foundation as an investment in the Foundation’s long-term sustainability, supporting them in achieving their mission. The Foundation was established 11 years ago to build a lasting endowment for the community, managing philanthropic funds directed to nonprofit organizations. In addition, the Bermuda Foundation will support Aegon with the administration of its community investment program.
Starting in 2025, the program will run for an initial term of three years.
Contacts
| Media relations | Investor relations |
| Carolien van der Giessen | Yves Cormier |
| +31(0) 61 195 3367 | +31(0) 70 344 8028 |
| carolien.vandergiessen@aegon.com | yves.cormier@aegon.com |
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About Aegon
Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.
Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.
Forward-looking statements
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Additionally, Aegon provides some information in this report that is informed by various stakeholder expectations, non-US regulatory requirements, and third-party frameworks. Such information, whether provided here or in Aegon's other disclosures (including website materials), is not necessarily material for SEC reporting purposes.
Even in instances where we use "material", this should not in all instances be deemed to refer to materiality for purposes of our U.S. federal securities filings, as there are various definitions of materiality used by different stakeholders, including but not limited to a more expansive "double materiality" standard pursuant to the European Sustainability Reporting Standards that has informed much of our sustainability disclosure. Similarly, while we leverage various frameworks in our disclosures, we cannot guarantee, and language such as "align" or "follow" is not meant to imply, complete alignment with these requirements.
Even in instances where we use "material", this should not in all instances be deemed to refer to materiality for purposes of our U.S. federal securities filings, as there are various definitions of materiality used by different stakeholders, including but not limited to a more expansive "double materiality" standard pursuant to the European Sustainability Reporting Standards that has informed much of our sustainability disclosure. Similarly, while we leverage various frameworks in our disclosures, we cannot guarantee, and language such as "align" or "follow" is not meant to imply, complete alignment with these requirements.
Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2023 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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