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Commissions and expenses (Tables)
12 Months Ended
Dec. 31, 2022
Statement [LineItems]  
Summary of Commissions and Expenses
 
     
            2022
                2021
 1)
                2020
 1)
 
Commissions
     2,311       2,539       2,264  
Employee expenses
     1,707       1,511       1,579  
Administration expenses
     1,218       1,294       1,298  
Deferred expenses
     (770     (1,160     (741
Amortization of deferred expenses
     885       933       767  
Amortization of VOBA and future servicing rights
     108       171       87  
Total
  
 
5,458
 
 
 
5,286
 
 
 
5,253
 
       
Included in administration expenses:
                        
Depreciation of equipment, software and real estate held for own use
     73       80       81  
 
1
 
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Summary of Employee Expenses
 
Employee expenses
  
            2022
                 2021
 1)
                 2020
 1)
 
Salaries
     1,160        1,092        1,105  
Post-employment benefit costs
     116        126        137  
Social security charges
     99        100        97  
Other personnel costs
     284        150        203  
Shares
     48        43        37  
Total
  
 
1,707
 
  
 
1,511
 
  
 
1,579
 
       
Included in employee expenses:
                          
Defined contribution expenses
     49        35        36  
 
1
 
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Summary of Cumulative Number of Shares and Their Status in Relation to Active Long Term Incentive Plans and Allocated Variable Compensation to Identified Staff
The following overview contains the cumulative number of shares and their status in relation to active Long Term Incentive Plans, variable compensation allocated to Material Risk Takers, shares allocated as fixed compensation and shares allocated as part of a sign-on arrangement.
Number of shares per plan year
 
      2018      2019      2020      2021     
2022
     Total  
Conditionally granted
1)
         6,513,984        7,378,113        8,381,086        9,449,451            7,495,307            39,217,941  
Allocated
2)
     6,123,546            6,761,360        6,522,324        13,297,242        -        32,704,472  
 
1
 
The at target number of shares which were conditionally granted for the plan year.
2
 
The allocated number of shares based on the actual performance during the plan year.
Number of shares per plan year
 
 
     2018        2019        2020        2021        2022        Total  
Unvested at January 1, 2021
  
 
5,251,551
 
  
 
7,340,768
 
  
 
9,251,766
 
  
 
-
 
  
 
-
 
  
 
21,844,085
 
Conditionally granted as variable compensation
1)
     -        -        -        9,449,451        -        9,449,451  
Allocated
2)
     4,010        (29,388      (1,858,762      2,450,661        -        566,521  
Forfeited
     (205,734      (254,543      (174,128      (4,729      -        (639,134
Vested
     (2,037,774      (259,858      (221,441      (69,851      -        (2,588,924
Unvested at December 31, 2021
  
 
3,012,053
 
  
 
6,796,979
 
  
 
6,997,435
 
  
 
11,825,532
 
  
 
-
 
  
 
28,631,999
 
Conditionally granted as variable compensation
1)
     -        -        -        -        7,495,307        7,495,307  
Allocated
2)
     65,410        3,445        1,832        3,847,791        2,136,074        6,054,552  
Forfeited
     (119,833      (103,121      (262,567      (1,050,197      -        (1,535,718
Vested
     (2,957,630      (2,899,400      (327,134      (835,534      (183,739      (7,203,437
Unvested at December 31, 2022
  
 
-
 
  
 
3,797,903
 
  
 
6,409,566
 
  
 
13,787,592
 
  
 
9,447,642
 
  
 
33,442,703
 
             
Grant price (in EUR)
3)
     5.405        4.162        4.083        3.293        4.491           
             
       4.143 to        2.741 to        1.794 to        1.625 to        3.341 to           
Fair value of shares at grant date (in EUR)
4)
     5.054        3.737        3.796        3.978        5.061     
 
 
 
 
1
 
The at target number of shares which were conditionally granted as variable compensation for the plan year.
2
 
Shares that are already allocated during a plan year, are a combination of shares as part of fixed compensation or a
sign-on
arrangement (e.g. the 2,450,661 shares allocated during the calendar year 2021 in relation to the 2021 plan year). Shares that are allocated in the calendar year after a plan year, concerns the difference between the conditionally granted shares for that plan year and the actual number of shares which have been allocated as variable compensation (e.g. the 1,858,762 share correction during 2021 for the 2020 plan year). This number can therefore be positive or negative. Shares allocated during a calendar year in relation to earlier plan years are backdated corrections to the administration (e.g. during 2021 a correction of 4,010 shares was made in relation to the 2018 plan year).
3
 
This is the volume weighted average price (VWAP) of Aegon on the Euronext Amsterdam stock exchange for the period December 15 to January 15. For instance for the 2022 plan year, this is the VWAP for the period December 15, 2021 to January 15, 2022.
4
 
These fair values are adjusted for expected dividend (for which the participants are not eligible during the deferral period) and for the impact of relative total shareholder return as performance indicator for variable compensation (where applicable).
Aegon N.V [member]  
Statement [LineItems]  
Summary of Commissions and Expenses
 
     
                2022
                        2021  
     
Employee expenses
     82         84    
     
Administration expenses
     63       71  
     
Cost sharing to group companies
     (76     (75
     
Total
  
 
68
 
 
 
80