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Investor Presentaiton

AON Drivers of Sustainable Organic Revenue Growth¹ Delivering Client Value in the Core Portfolio Shift to High-Growth Areas of Demand Distributed Innovation to Unlock Net New When we bring the best of the firm through our Aon United strategy, we can win more, retain more, and do more with clients Our strong core business is largely recurring, non- discretionary, and with retention rates of ~95% on average across the portfolio Disproportionally investing organically and inorganically to differentiate our value proposition in targeted businesses with attractive growth and margin characteristics Priority areas are growing organically at higher rates than the overall portfolio, with significant long-term opportunity Proven history of portfolio management demonstrates ability to focus and prioritize areas of greatest client need Strong track record of developing innovative, first-to- market solutions that unlock new addressable markets Creating net new solutions for long-term challenges like climate, intellectual property, cyber, wellbeing and workforce resilience Low-single- digit growth Organic Revenue Growth 9% 6% 5% 4% 1% 7% 6% '10 '17 '18 '19 '20 '21 '22 YTD'23 In 2017, established Aon United, our one-firm strategy, to drive long-term growth Expect mid-single-digit or greater organic revenue growth in 2023 and over the long-term 1 Organic revenue growth is a non-GAAP measure that is reconciled to its corresponding U.S. GAAP measure for historical periods in Appendix A of this presentation. 7
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