De Brauw has acted as lead counsel to Aegon in its EUR 700 million sale of a.s.r. shares through an accelerated bookbuild offering. The proceeds from the offering will be subject to Aegon's capital management framework. Aegon remains committed to supporting a.s.r.'s strategy as its largest shareholder. The existing governance rights of Aegon under the Relationship Agreement with a.s.r. will not change as a result of the transaction. Aegon has entered into a 180-day lock-up commitment in respect of its remaining stake, subject to customary carve-outs. a.s.r. participated in the ABB by purchasing c. 15% of the total offering for c. EUR 105 million.