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Aegon: Latest news!

July 05, 2023

This report covers all current affairs, such as the transition to asr, asr employee sessions and the future of Aegon and AEN.

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Transaction

On July 4, 2023, asr completed the merger transaction with Aegon Nederland. This includes all activities of Aegon Netherlands in the field of insurance, pensions, mortgages, the distribution and service companies and the banking activities. All regulatory approvals have already been received. See also what has been said about this press release and my response to it NRC.

Employee sessions

Jos Baeten and his team are on a tour of Aegon's locations. They started in The Hague on Monday with a number of Dutch and English-language employee sessions. They were then in Leeuwarden on Tuesday and will visit Knab bank on Thursday 6 July. The first reactions from the supporters are that these are good sessions. It is appreciated that they come by and provide clarity, even if it is not always the desired answer.

Aegon and AEN

Remainco employees have transferred to the new personnel entity Aegon Employee Netherlands BV (AEN) as of July 1, 2023. In terms of personnel administration, everything should now run smoothly. There are still a number of matters to be arranged, such as the structured consultation between HR AEN and the trade unions. The committees mentioned in the collective labor agreement and the social plan must be staffed again. There are still some collective agreements that need to be checked and of course the mutual acquaintance. Corporate Center's co-determination is not yet back to full strength and the future of Aegon (and AEN) also in terms of location is in any case on the consultation list. On the Capital Markets Day from June 22, 2023, it became clear in any case that Transamerica will be the spearhead in the future. In the press release from Aegon about the new supervision it is reported that Aegon will remain in the Netherlands and, as I understand it, is looking for a location on the axis of The Hague - Amsterdam. Whether this is in conjunction with Asset Management remains to be determined. After the summer period, a consultation will be organized between HR AEN and the trade unions and the points will be put on the agenda.

Vote transition protocol

Friday 30 June we have a newsletter for members sent over the transition protocol. The vote on that is underway through Friday, July 14, 12.00:XNUMX p.m. If you are a Complete or Extra member and you have not voted yet, you can find the voting form in the member letter of 30 June. At the request of several members, we will send you the current one dog and the current social plan from asr.

Contact

If you have a question or comment about this newsletter, you can e-mail the representative Emanuel Geurts at emanuel.geurts@unie.nl and/or by telephone on 06-5252 2074. If you have any other questions or need advice, please contact our Service Center at sc@unie.nl or by phone at 0345-851963. We are happy to advise you!

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