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August 20 , 2026 1H26 results press release Aegon reports first half year 2026 results 1H 2026 Financial highlights • Net result of EUR 608 million , compared with EUR 606 million in the first half of 2025 Operating result of EUR 804 million , up 9 % compared with the first half of 2025 , reflecting strong commercial momentum and favorable financial markets Valuation equity – the sum of shareholders ' equity and the contractual service margin ( CSM ) after estimated tax adjustment - per share of EUR 9.42 ; an increase of 4 % in the reporting period , driven by healthy business growth whilst returning a significant amount of capital to shareholders • On track to meet or exceed all Group financial ambitions for 2026 1H 2026 Capital highlights • • Operating capital generation ( OCG ) after holding funding and operating expenses increases by 27 % to EUR 416 million compared with the first half of 2025 Free cash flow of EUR 392 million , compared with EUR 442 million for the first half of 2025 , as Aegon UK remittance is now excluded Capital ratios of Aegon's main units remain strong , above their respective operating levels • Cash Capital at Holding of EUR 1.7 billion remains above the operating range • • Ongoing second - half 2026 share buyback program increased by EUR 150 million , to a total of EUR 350 million , consistent with the objective to reduce Cash Capital at Holding to around EUR 1.0 billion by year - end 2026 2026 interim dividend of EUR 0.21 per common share , an increase of 11 % compared with 2025 interim dividend Lard Friese , Aegon CEO , commented : " In the first half of 2026 , we continued to grow our businesses , delivered robust financial results and progressed at pace with our planned relocation to the US . These results demonstrate our strategy is gaining momentum and reinforce our confidence in the ambitions outlined at our 2025 Capital Markets Day . Transamerica delivered strong commercial growth compared with the prior year period . Individual Life sales grew by 54 % , fueled by growth in the instant decision market . We further expanded our distribution capabilities , with World Financial Group now exceeding 100,000 agents , and we maintained good commercial momentum in Retirement Plans written sales . Aegon Asset Management benefited from third - party net flows and positive market developments , and our International businesses continued to grow , led by Brazil . We made significant progress in preparing for our future in the US . We selected New York City as the future location of our head office and announced changes to our leadership team . We reached an agreement with Vereniging Aegon , our largest shareholder , on its future relationship with our company and a proposed US - aligned governance framework . As previously announced , and in the context of our increased US focus , we also announced the sale of Aegon UK to Standard Life . Finally , we target an Extraordinary General Meeting on October 8 , 2026 , to seek shareholder approval for the domiciliation to the US . In the first half of 2026 , operating result increased by 9 % to EUR 804 million and operating capital generation grew by 27 % to EUR 416 million , enabling EUR 392 million in free cash flow . We also conducted our annual assumptions review , mostly to adjust for changing policyholder behavior observed in recent periods . Our performance in the first half reflects the dedication of our people , the momentum in our strategy , and our disciplined capital management . We are announcing an interim dividend of 21 eurocents per share , up 11 % versus the prior year period . Supported by our strong capital position and confidence in the outlook for our businesses , we are also increasing our recently announced share buyback program by EUR 150 million to EUR 350 million . Our businesses are well capitalized and we are on track to meet or exceed our Group financial ambitions for 2026. " Please note that all comparisons are versus the first half of 2025 unless stated otherwise . Contact details and dial - in information can be found at the end of this press release , on page 20 .