Company: AHL
Filing Date: 2025-08-27
Form Type: 6-K
Source: 0001267395-25-000058
Chunk: 2

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-08-27
Form: 6-K
Chunk 2
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 a “ Restricted Cash Award ”). Each Restricted Cash Award will continue to be subject to the same terms and conditions as the corresponding Company Option Award or Company RSU Award except that, (i) the vested portion of each Restricted Option Award will be paid within 15 days after the applicable vesting date, and (ii) if an individual’s employment or service is terminated by the Company or its affiliates without “cause” on or following the Effective Time, all Restricted Cash Awards then-held by such individual will vest in full and be paid within 60 days following the date of such individual’s termination of employment, subject to execution and non-revocation of a standard release of claims.

The Merger Agreement restricts Aspen from declaring or paying any dividends, other than periodic cash dividends on the Preference Shares, in accordance with applicable certificates of designation.

The Merger Agreement contains various customary representations and warranties from each of Aspen, Parent and Merger Sub. Aspen has also agreed to various customary covenants, including but not limited to conducting its

business in the ordinary course and not engaging in certain types of transactions during the period between the execution of the Merger Agreement and the closing of the Merger. Aspen also covenants (1) to deliver to its controlling shareholders a written notice containing such information as described in Section 106(2) of the Bermuda Companies Act to solicit their approval for the Merger Agreement, the Statutory Merger Agreement and the Merger (the “ Shareholder Written Resolution ”), (2) assuming receipt of the Shareholder Written Resolution, to deliver an Information Statement to all of Aspen’s shareholders describing the transactions contemplated by the Merger Agreement, and (3) to not solicit, enter into discussions concerning, or provide confidential information in connection with, alternative transactions, subject to a customary exception that allows Aspen under certain circumstances, prior to the receipt of shareholder approval, to provide information to and participate in discussions with third parties with respect to unsolicited alternative acquisition proposals that Aspen’s board of directors has determined in good faith, after consultation with its financial advisors and outside legal counsel, constitutes or would reasonably be expected to lead to a “superior proposal”.

Consummation of the Merger is subject to customary closing conditions. One such condition being the approval of the Merger by Aspen shareholders representing a majority of the voting power of the Company’s shares. On August 27, 2025, the requisite approval was obtained when Aspen shareholders representing a majority of the voting power of the holders of shares delivered the Shareholder Written