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Investor Presentaiton

• • Reinsurance Solutions Businesses, governments and communities need to become more resilient. Our expertise and insight help re/insurers navigate uncharted territories and create more relevant solutions. Treaty: • Addresses underwriting and capital objectives on a portfolio level, allowing our clients to more effectively manage the combination of premium growth, return on capital and rating agency interests. This includes the development of more competitive, innovative and efficient risk transfer options Facultative: • Empowers clients to better understand, manage, and transfer risk through innovative facultative solutions and the most efficient access to the global facultative markets Strategy and Technology Group: Our global platform combines strategic advice with data-driven consulting, analytics, and modeling tools, including Tyche, ReMetrica, and PathWise, to help clients deploy capital efficiently and effectively • Highly customized solutions help clients drive growth and operational efficiency, improve balance sheet strength and resiliency, and comply with regulatory and operational requirements, including through the execution of re/insurance transactions Capital Markets: Global investment bank with expertise in M&A, capital raising, strategic advice, restructuring, recapitalization services, and insurance-linked securities • Works with insurers, reinsurers, investment firms, banks, and corporations to manage complex commercial issues through the provision of corporate finance advisory services, capital markets solutions, and innovative risk management products Place over $50B of bound premium each year #1 issuer of insurance-linked securities Q2'20 Total Revenue ($M) $448 Q3'20 Q4'20 FY'20 Q1'21 $321 $197 $1,814 $922 Q2'21 $500 Q3'21 Q4'21 FY'21 Q1'22 Q2'22 $353 $222 $1,997 Q3'22 Q4'22 $976 $537 $396 $281 FY'22 Q1'23 Q2'23 $2,190 $1,077 $607 AON Organic Growth1 (%) 9% 13% 12% 10% 6% 9% 8% 13% 8% 7% 9% 7% 9% 8% 9% 9% 17 1 Organic revenue is a non-GAAP measure that is reconciled to its corresponding U.S. GAAP measure in Appendix A.
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