Common use of Perform & Develop cycle Clause in Contracts

Perform & Develop cycle. At Aegon, we want to enable customers to make well-informed decisions for a healthy financial future. That is our mission. Aegon must be agile in order to be able to adapt to the everchanging needs of our customers. We will be able to respond to those needs if we continuously learn while we work. Our employees’ ability to learn determines Aegon’s ability to change. In addition to performance, the Perform & Develop cycle focuses on learning, development and wellbeing. The employee is in control of his career path, thus also the Perform & Develop cycle. Below is what this cycle looks like: • At the beginning of each calendar year, the employee sets individual and/or team goals that are in line with the department’s objectives and that are ultimately in line with Aegon’s strategy (Perform). At the same time, the employee sets personal goals for development and career (Develop) and wellbeing. The manager provides support during this General