Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 295

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 295
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, the Company recognized income of $0.5 million (2023 — income of $5.8 million; 2022 — $Nil ) which is included in the consolidated statement of operations and other comprehensive income. The MMLs are included in privately-held investments on the consolidated balance sheet.

Other Payables to Related Parties

As at December 31, 2024, the Company had an intercompany payable balance of $1.2 million (December 31, 2023 — $1.2 million), due to its parent, Highlands Bermuda Holdco, Ltd.

#### Pre-IPO Transaction
On , 2025, we exchanged all of our issued and outstanding ordinary shares, par value $0.01 per share, owned by Highlands Bermuda Holdco, Ltd., for Class A ordinary shares, par value $0.001 per share, which have the same voting and economic rights as our existing ordinary shares other than par value. Following the Exchange, Highlands Bermuda Holdco, Ltd. will, pursuant to its plan of liquidation, distribute all Class A ordinary shares that it received in the Exchange to AP Highlands Co-Invest, AP Highlands Holdings and certain members of our management team. As a result of the Pre-IPO Transaction, all of our issued and outstanding Class A ordinary shares previously held by Highlands Bermuda Holdco, Ltd. will, after the Pre-IPO Transaction, be held by the existing holders of equity interests in Highlands Bermuda Holdco, Ltd., including AP Highlands Co-Invest and AP Highlands Holdings, both of which are affiliated with and managed by affiliates of Apollo, and certain members of our management team, and our sole issued and outstanding class of ordinary 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 Class A ordinary shares issued and outstanding, Class A ordinary shares of which will be held by AP Highlands Co-Invest, Class A ordinary

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Table of C ontents

shares of which will be held by AP Highlands Holdings and Class A ordinary shares of which will be held by certain members of our management team.

#### Information Technology Outsourcing Agreement
In August 2018, Aspen Insurance UK Services Limited, Aspen Insurance U.S. Services Inc. and Aspen Bermuda entered into an Outsourcing Agreement (the “Original IT Outsourcing Agreement”) with Cognizant Worldwide Limited, a company registered