Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 151

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 151
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 operating income enables users of its financial information to analyze Aspen’s results of operations in a manner consistent with how management analyzes Aspen’s underlying business performance. Operating income should not be viewed as a substitute for GAAP net income.

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Table of C ontents

| Operating Income Reconciliation                                                         
 ($ in millions)                                                                         |     | Twelve Months Ended December 31, 
 2024                             |        |     | 2023 |        |     | 2022 |        |     | 2021 |       |     | 2020 |        |     | 2019 |        |     | 2018 |        |
|:----------------------------------------------------------------------------------------|:----|:---------------------------------|-------:|:----|:-----|-------:|:----|:-----|-------:|:----|:-----|------:|:----|:-----|-------:|:----|:-----|-------:|:----|:-----|-------:|
| Net income/(loss)                                                                       |     | $                                |  486.1 |     | $    |  534.7 |     | $    |   51.1 |     | $    |  29.8 |     | $    |  -56.4 |     | $    | -239.5 |     | $    | -145.8 |
| Amount attributable to non-controlling interest                                         |     |                                  |      — |     |      |      — |     |      |      — |     |      |     — |     |      |      — |     |      |    1.2 |     |      |   -1.0 |
| Preference share dividends                                                              |     |                                  |  -54.9 |     |      |  -49.9 |     |      |  -44.6 |     |      | -44.5 |     |      |  -44.5 |     |      |  -35.9 |     |      |  -30.5 |
| Net income/(loss) available to Aspen Insurance Holdings Limited’s ordinary shareholders |     |                                  |  431.2 |     |      |  484.8 |     |      |    6.5 |     |      | -14.7 |     |      | -100.9 |     |      | -274.2 |     |      | -177.3 |
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