Company: AHL
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001628280-25-020463
Chunk: 37

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-04-29
Form: F-1/A
Chunk 37
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 shares will be our Class A ordinary shares. Upon completion of the Pre-IPO Transaction, but prior to the consummation of this offering and the sale of our Class A ordinary shares by the selling shareholders, we will have 90,833,333 Class A ordinary shares issued and outstanding, 56,264,677 Class A ordinary shares of which will be held by AP Highlands Holdings, 34,391,043 Class A ordinary shares of which will be held by AP Highlands Co-Invest and 177,613 Class A ordinary shares of which will be held by certain members of our management team.

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Apollo’s indirect subsidiary, AAME, is currently the investment manager for the Company and certain of the Company’s subsidiaries pursuant to investment management agreements (“IMAs”) that have been entered into with AAME. With effect from January 1, 2025, the rights and obligations of AAME under the IMAs were novated to an affiliate of AAME, Apollo Asset Management Europe LLP (“AAME LLP”). References to “AAME” in this prospectus shall refer to, at any time post January 1, 2025, AAME LLP, unless the context otherwise requires. In addition, Apollo’s indirect subsidiary, Apollo Management Holdings, L.P. (“Apollo Management”), provides the Company with management consulting services and advisory services under a management consulting agreement (the “Management Consulting Agreement”). Further, certain of our directors are employees of Apollo and its affiliates and will continue to serve on our Board of Directors (the “Board”) following this offering. A description of relationships and transactions that have existed or that the Company and certain of the Company’s subsidiaries has entered into with Apollo and its affiliates are described in the section titled “Material Contracts and Related Party Transactions—Relationships and Related Party Transactions with Apollo or its Affiliates.” For a discussion of the risks relating to our relationship with Apollo, see “Risk Factors—Risks Related to Our Ordinary Shares and this Offering—Following this offering, we will continue to be controlled by Apollo, and Apollo’s interests may conflict with our interests and the interests of our other shareholders.”

Following this offering, the Apollo Shareholders will control a majority of the combined voting power of our outstanding shares, resulting in us remaining a “controlled company” within the meaning of the NYSE corporate governance rules. A “controlled company” under the NYSE corporate governance rules is a company of which more than 50% of the voting power for the election of directors is