# EDGAR Filing Document

**Accession Number:** 0000062709
**File Stem:** 0000945621-23-000060
**Filing Date:** 2023-2
**Character Count:** 20664
**Document Hash:** d79bd09f6b1588e015b7fbd8616f1a84
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000945621-23-000060.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0000945621-23-000060

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Audax Credit BDC Inc.
- **CENTRAL INDEX KEY:** 0001633858
- **IRS NUMBER:** 473039124
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-88968
- **FILM NUMBER:** 23598718

**BUSINESS ADDRESS:**
- **STREET 1:** 101 HUNTINGTON AVENUE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** (617) 859-1513

**MAIL ADDRESS:**
- **STREET 1:** 101 HUNTINGTON AVENUE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Audax Credit BDC, Inc.
- **DATE OF NAME CHANGE:** 20150415

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Audax Senior BDC Inc.
- **DATE OF NAME CHANGE:** 20150212
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MARSH & MCLENNAN COMPANIES, INC.
- **CENTRAL INDEX KEY:** 0000062709
- **STANDARD INDUSTRIAL CLASSIFICATION:** INSURANCE AGENTS BROKERS & SERVICES [6411]
- **IRS NUMBER:** 362668272
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1166 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2123455000

**MAIL ADDRESS:**
- **STREET 1:** 1166 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARSH & MCLENNAN COMPANIES INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARLENNAN CORP
- **DATE OF NAME CHANGE:** 19760505

------

**UNITED STATES**

<br> ### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

**SCHEDULE 13G**

Under the Securities Exchange Act of 1934

(Amendment No. 8)

---

| |
|:---|
| Audax Credit BDC Inc. <br>|
| (Name of Issuer) |
| Common Stock, par value $0.001 per share |
| (Title of Class of Securities) |
| 05070P 108 |
| (CUSIP Number) |
| December 31, 2022 <br>|
| (Date of Event Which Requires Filing of this Statement) |

---

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☑ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **SCHEDULE 13G** | **Page 2 of <u>9</u> Pages**<br>|

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | Mercer Investments LLC | Mercer Investments LLC |
| **1** | Mercer Investments LLC | Mercer Investments LLC |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☐ | (b)☐ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 46898842 | 46898842 |
| **9** | 46898842 | 46898842 |
| **10** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 99% | 99% |
| **11** | 99% | 99% |
| **12** | **TYPE OF REPORTING PERSON** | **TYPE OF REPORTING PERSON** |
| **12** | IA;CO | IA;CO |
| **12** | IA;CO | IA;CO |

---

------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 3 of <u>9</u> Pages** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | Mercer (US) LLC | Mercer (US) LLC |
| **1** | Mercer (US) LLC | Mercer (US) LLC |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☐ | (b)☐ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 46898842 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 46898842 | 46898842 |
| **9** | 46898842 | 46898842 |
| **10** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 99% | 99% |
| **11** | 99% | 99% |
| **12** | **TYPE OF REPORTING PERSON** | **TYPE OF REPORTING PERSON** |
| **12** | HC;CO | HC;CO |
| **12** | HC;CO | HC;CO |

---

------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 4 of <u>9</u> Pages** |

---

---

| | | |
|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |
| **1** | Marsh & McLennan Companies, Inc. (US) | Marsh & McLennan Companies, Inc. (US) |
| **1** | Marsh & McLennan Companies, Inc. (US) | Marsh & McLennan Companies, Inc. (US) |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** |
| **2** | (a)☐ | (a)☐ |
| **2** | (b)☐ | (b)☐ |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |
| **3** |  |  |
| **3** |  |  |
| **4** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |
| **4** | Delaware | Delaware |
| **4** | Delaware | Delaware |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | **SOLE VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **5** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | **SHARED VOTING POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **6** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED DISPOSITIVE POWER** |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 46898842 |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 46898842 |
| **9** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |
| **9** | 46898842 | 46898842 |
| **9** | 46898842 | 46898842 |
| **10** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES** |
| **10** | ☐ | ☐ |
| **10** | ☐ | ☐ |
| **11** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)** |
| **11** | 99% | 99% |
| **11** | 99% | 99% |
| **12** | **TYPE OF REPORTING PERSON** | **TYPE OF REPORTING PERSON** |
| **12** | HC;CO | HC;CO |
| **12** | HC;CO | HC;CO |

---

------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 5 of <u>9</u> Pages** |

---

---

| | | |
|:---|:---|:---|
| Item 1. <br>| (a) <br>| Name of Issuer: Audax Credit BDC Inc. <br>|
|  | (b) <br>| Address of Issuer's Principal Executive Offices:<br>101 Huntington Avenue<br> Boston, Massachusetts 02199<br>|
| Item 2.  | (a)  | Name of Persons Filing:  |
|  |  | (i) Mercer Investments LLC ("Mercer Investments")<br> (ii) Mercer (US) LLC ("Mercer US")<br>(iii) Marsh & McLennan Companies, Inc. (US) ("MMC") |
|  | (b) | Address of Principal Business Office or, if none, Residence: |
|  |  | (i) Mercer Investments:<br>&nbsp;&nbsp;&nbsp;&nbsp; 99 High Street<br> &nbsp;&nbsp;&nbsp;&nbsp; Boston, Massachusetts 02110<br>(ii) Mercer US and MMC:<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1166 Avenue of the Americas<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York, New York 10036<br>|
|  | (c)  | Citizenship or Place of Organization:  |
|  |  | (i) Mercer Investments, Mercer US and MMC: Delaware  |
|  | (d)  | Title of Class of Securities: Common Stock, par value $0.001 per share |
|  | (e)  | CUSIP Number: 05070P 108 |
| Item 3.  |  | If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:  |
|  | (a)  | ☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);  |
|  | (b)  | ☐ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);  |
|  | (c)  | ☐ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);  |
|  | (d)  | ☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);  |
|  | (e)  | ☒ An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);  |
|  | (f)  | ☐ An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);  |
|  | (g)  | ☒ A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);  |
|  | (h)  | ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);  |

---

------

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| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 6 of <u>9</u> Pages** |

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(i) ☐ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) ☐ A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J);

(k) ☐ Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J), specify the type of institution: ___________________________

**Item 4. Ownership.<br>Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.<br>

---

| | | | |
|:---|:---|:---|:---|
| (a) | Amount beneficially owned: | Amount beneficially owned: |  |
|  | (i) | Mercer Investments | 46898842 |
|  | (ii) | Mercer US | 46898842 |
|  | (iii) | MMC | 46898842 |
| (b) | Percent of class: | Percent of class: |  |
|  | (i) | Mercer Investments | 99% |
|  | (ii) | Mercer US | 99% |
|  | (iii) | MMC | 99% |
| (c) | Number of shares as to which the person has: | Number of shares as to which the person has: |  |
|  | (1) | Sole power to vote or to direct the vote: |  |
|  | (i) | Mercer Investments | 46898842 |
|  | (ii) | Mercer US | 0 |
|  | (iii) | MMC | 0 |
|  | (2) | Shared power to vote or to direct the vote: |  |
|  | (i) | Mercer Investments | 0 |
|  | (ii) | Mercer US | 46898842 |
|  | (iii) | MMC | 46898842 |
|  | (3) | Sole power to dispose or to direct the disposition of: |  |
|  | (i) | Mercer Investments | 46898842 |
|  | (ii) | Mercer US | 0 |
|  | (iii) | MMC | 0 |
|  | (4) | Shared power to dispose or to direct the disposition of: |  |
|  | (i) | Mercer Investments | 0 |
|  | (ii)  | Mercer US | 46898842 |
|  | (iii) | MMC | 46898842 |

---

**

<br> ------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 7 of <u>9</u> Pages** |

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**### Item 5. Ownership of Five Percent or Less of a Class: <br> Not Applicable

Item 6. Ownership of More Than Five Percent on Behalf of Another Person:<br>Clients of Mercer Investments have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the securities reported herein. No client of Mercer Investments currently has an interest in the securities reported herein in excess of 5 percent except Mercer Audax Credit Feeder Fund LP, a Cayman Islands exempted limited partnership (the "Fund"). The Fund has solely an economic interest in the shares reported herein and no beneficial interest based upon the terms and conditions of the investment management arrangements entered into between Mercer Investments and the Fund<br>

&nbsp;&nbsp;&nbsp;&nbsp;<br>

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: <br> Mercer Investments LLC – Investment Adviser

Item 8. Identification and Classification of Members of the Group: <br> Not Applicable

Item 9. Notice of Dissolution of Group: <br> Not Applicable**

---

| | |
|:---|:---|
| Item 10. | Certification:<br> **** <br>**By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.<br>In accordance with Rule 13d-4 of the Securities Exchange Act of 1934, each of the persons filing this statement expressly disclaim the beneficial ownership of the securities covered by this statement and the filing of this report shall not be construed as an admission by such persons that they are the beneficial owners of such securities.**<br>|

---

------

#### <br>

**<br>

<u> CUSIP No. 05070P 108 </u> &nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G <u> Page 8 of <u>9</u> Pages </u>**

#### SIGNATURES

The undersigned certify, after reasonable inquiry and to the best knowledge and belief of the undersigned, that the information set forth in this Amendment No. 8 to the Statement on Schedule 13G is true, complete and correct. The undersigned agree to the filing of this single Amendment No. 8 to the Statement on Schedule 13G.

---

| | |
|:---|:---|
|  | Mercer Investments LLC |
| Date: February 2, 2023 | <u>By: /s/ Stephen Gouthro</u> <br>|
|  | <br>Name: Stephen Gouthro |
|  | Title: Chief Operating Officer |
|  | Mercer (US) LLC |
| Date: February 2, 2023 | <u>By: /s/ Mark Elliott</u> <u> </u>  |
|  | <br>Name: Mark Elliott |
|  | Title: Chief Financial Officer |
|  | Marsh & McLennan Companies, Inc. (US) |
| Date: February 2, 2023 | <u>By: /s/ Connor Kuratek</u> <u> </u>  |
|  | <br>Name: Connor Kuratek |
|  | Title: Deputy General Counsel <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; & Corporate Secretary<br>|

---

------

---

| | | |
|:---|:---|:---|
| **CUSIP No. 05070P 108** | **&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE 13G** | **Page 9 of <u>9</u> Pages** |

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EXHIBIT 1

WHEREAS, in accordance with Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934 (the "Act"), only one joint Statement and any amendments thereto need to be filed whenever one or more persons are required to file such a Statement or any amendments thereto pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such Statement or amendments thereto is filed on behalf of each of them;

NOW, THEREFORE, the parties hereto agree as follows:

Mercer Investments LLC, Mercer (US) LLC, and Marsh & McLennan Companies, Inc. (US) do hereby agree, in accordance with Rule 13d-1(k)(1) under the Act, to file an Amendment No. 8 to the Statement on Schedule 13G relating to their ownership of the Common Stock of the Issuer, and do hereby further agree that said Amendment No. 8 to the Statement on Schedule 13G shall be filed on behalf of each of them.

---

| | |
|:---|:---|
|  | Mercer Investments LLC |
| Date: February 2, 2023 | <u>By: /s/ Stephen Gouthro</u> <br>|
|  | <br>Name: Stephen Gouthro |
|  | Title: Chief Operating Officer |
|  | Mercer (US) LLC |
| Date: February 2, 2023 | <u>By: /s/ Mark Elliott</u> <u> </u>  |
|  | <br>Name: Mark Elliott |
|  | Title: Chief Financial Officer |
|  | Marsh & McLennan Companies, Inc. (US) |
| Date: February 2, 2023 | <u>By: /s/ Connor Kuratek</u> <u> </u>  |
|  | <br>Name: Connon Kuratek |
|  | Title: Deputy General Counsel<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; & Corporate Secretary |

---

<br>