

Common shares	2022		2021

Authorized share capital		720		720

Number of authorized shares (in million)		6,000		6,000

Par value in cents per share		12		12



Common shares B	2022		2021

Authorized share capital		360		360

Number of authorized shares (in million)		3,000		3,000

Par value in cents per share		12		12

All issued common shares and common shares B each have a nominal value of EUR 0.12 and are fully paid up. Repayment of capital can only be initiated by the Executive Board, is subject to approval of the Supervisory Board and must be resolved by the General Meeting of Shareholders. Moreover, repayment on common shares B needs approval of the related shareholders. Refer to Other information for further information on dividend rights.

Vereniging Aegon, based in The Hague, the Netherlands, holds all of the issued and outstanding common shares B.

For detailed information on the transactions between Aegon N.V. and Vereniging Aegon refer to note 50 Related party transactions in the consolidated financial statements of the Group.

The following table shows the movement during the year in the number of common shares and common shares B:



	Common shares						Common shares B

	Number of shares (thousands)			Total amount			Number of shares (thousands)			Total amount

At January 1, 2021		2,098,114			252			571,795			69

Shares withdrawn		(2,466	)		-			(2,956	)		-

Dividend		10,665			1			-			-

At December 31, 2021		2,106,313			253			568,839			68

Shares withdrawn		(10,665	)		(1	)		(22,643	)		(3	)

Dividend		13,782			2			-			-

At December 31, 2022		2,109,430			253			546,196			66

The following table shows the weighted average number of common shares and common shares B:



	Weighted average number of common shares (thousands)		Weighted average number of common shares B (thousands)

2021		2,101,231		570,629

2022		2,107,315		559,906

The shares repurchased by Aegon N.V. during the share-buy-back programs to undo the dilution caused by the distribution of dividend in stock, although included in the issued and outstanding number of shares, are excluded from the calculation of the weighted average number of shares.

Long-term incentive plans

For detailed information on the Long Term Incentive Plans refer to note 14 Commissions and expenses to the consolidated financial statements of the Group.

Board remuneration

Detailed information on remuneration of active and retired members of the Executive Board including their share plans, remuneration of active and retired members of the Supervisory Board along with information about shares held in Aegon by the members of the Boards is included in note 50 Related party transactions to the consolidated financial statements of the Group and in the remuneration report on page 57.