Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 38

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 38
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 will be a “controlled company” under the corporate governance rules of the NYSE applicable to listed companies, and therefore are permitted to elect not to comply with certain corporate governance requirements thereunder. See “Management and Corporate Governance—Controlled Company Status.”                                                                                                                                                                                                          |
| Risk factors                                                 |     | See “Risk Factors” and the other information included in this prospectus for a discussion of factors you should consider before deciding to invest in our ordinary shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

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Table of C ontents

| Conflicts of interest |     | Apollo Global Securities, LLC, an affiliate of Apollo, is an underwriter in this offering. Affiliates of Apollo beneficially own in excess of 10% of our issued and outstanding ordinary shares. In addition, the Apollo Shareholders are affiliates of Apollo and will receive in excess of 5% of the net proceeds of this offering. As a result, Apollo Global Securities, LLC is deemed to have a “conflict of interest” under Rule 5121 (“Rule 5121”) of the Financial Industry Regulatory Authority, Inc. (“FINRA”). Accordingly, this offering will be conducted in compliance with the requirements of Rule 5121. Pursuant to that rule, the appointment of a “qualified independent underwriter” is not required in connection with this offering as the members primarily responsible for managing the public offering do not have a conflict of interest, are not affiliates of any member that has a conflict of interest and meet the requirements of paragraph (f)(12)(E) of Rule 5121. See “Underwriting (Conflicts of Interest).” |

Except as otherwise noted, all information contained in this prospectus assumes: • the completion of the Pre-IPO Transaction; • no exercise of the option granted to the underwriters to purchase up to additional ordinary shares from the selling shareholders in connection with the offering; and • an initial public offering price of $ per ordinary share, which is the midpoint of the price range set forth on the cover page of this prospectus. The number of ordinary shares that will be outstanding after this offering is based on ordinary shares outstanding as of , 2025 giving effect to the Pre-IPO Transaction and excludes : • ordinary shares reserved for future issuance under the Aspen Insurance Holdings Limited 2025 Equity and Incentive Plan (the “2025 Incentive Plan”) as described in “Executive Compensation—2025 Equity and Incentive Plan”; • ordinary shares reserved for future issuance under