Related party transactions (Tables)

12 Months Ended

Dec. 31, 2022

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Summary of Remuneration Explanatory

The following table includes the expenses for remuneration, with amounts reflective of time spent on the Board.

Remuneration expenses

	2022		2021		2020
Supervisory Board 1)		1.3		0.9		0.8
Executive Board		5.2		4.9		5.9
Key Management		27.7		27.5		24.8
In fixed compensation		16.0		16.8		14.2
In cash based variable compensation		4.0		3.6		3.3
In share based variable compensation		3.5		3.2		2.9
In pension contributions		3.0		2.8		3.2
In other benefits		1.2		1.1		1.2

1  Based on a Decree of the Dutch State Secretary of Finance which came into force as from May 7, 2021, the Supervisory Board fees were not subject to Dutch VAT anymore, retroactively as from June 13, 2019. Therefore, Aegon has not paid Dutch VAT anymore on the fees of the Supervisory Board Members as from Q2 2021. Additionally, Aegon reclaimed VAT for the period Q1 2020 - Q1 2021, except for its Supervisory Board members based in the Netherlands for practical reasons.

Common shares held by Supervisory Board members

Shares held in Aegon at December 31	2022		2021
Ben J. Noteboom		23,500		23,500
Dona D. Young		13,260		13,260
Total		36,760		36,760