Aegon Ltd. (ENXTAM:AGN) will evaluate inorganic opportunities. During the Aegon 2025 Capital Markets Day, Lard Friese, CEO, said, "Now while our focus is on our organic path, we will evaluate inorganic opportunities as they arise while maintaining the financial discipline and rational decision-making that you are used to get from us". "Any excess capital will be returned to stockholders over time unless we can invest it in value-creating opportunities.

This includes M&A with priority in the U.S. We will remain financially disciplined and rational in our decision-making when we assess acquisition opportunities". "But If there is an acquisition opportunity that makes a lot of sense financially, that we're ready for, that accelerates our strategy, ticks all the financial boxes, we're here to make money. We're here to create value.

That's what we've been doing over the last 5 years. We will continue to do that in the coming years".