Company: AHL
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001628280-25-023859
Chunk: 35

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-05-08
Form: 424B4
Chunk 35
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 shares that it received in the Exchange to AP Highlands Holdings, AP Highlands Co-Invest 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 Holdings and AP Highlands Co-Invest, 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 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