AEGON’s Supervisory Board oversees the management of the Executive Board and the overall course of the company’s business and corporate strategy.
Members of AEGON’s Supervisory Board are appointed by the General Meeting of Shareholders following the nomination by the Supervisory Board. The Supervisory Board currently consists of eleven non-executive members. Specific issues are dealt with and prepared in four committees from among the members of the Supervisory Board:
AEGON endeavors to ensure that the composition of the company’s Supervisory Board is well balanced. A profile has been drawn up outlining the required qualifications of its members. Supervisory Board members are no longer eligible for appointment after the age of 70, unless the Board itself decides to make an exception.
Remuneration
Supervisory Board members’ remuneration is determined by the General Meeting of Shareholders. Members of AEGON’s Supervisory Board are entitled to:
- A base fee for membership of the Board itself
- A fee for membership of each of the Supervisory Board’s committees
- An attendance fee for each committee meeting attended.