Aon (AON) investor relations material

Opening remarks and agenda

• Meeting opened in Dublin with both in-person and virtual attendance, confirming a quorum was present and seven agenda items scheduled for voting.

• Inspector of Election and representatives from the independent auditor were introduced.

• Statutory financial statements for 2025 were formally presented for consideration, with no shareholder approval required.

Financial performance review

• Achieved 6% organic revenue growth in 2025, with all solution lines delivering mid-single digit or greater growth.

• Adjusted earnings per share grew 9%, and free cash flow increased by 14% to $3.2 billion.

• Returned $1.6 billion to shareholders via share repurchases and dividends, including a 10% dividend increase.

• Strengthened capital position with the sale of most of NFP's wealth business, generating over $2 billion in proceeds.

• Entered 2026 with approximately $7 billion in available capital.

Strategic initiatives and plans

• Continued progress on the Three by Three plan, integrating risk and human capital, expanding client leadership, and leveraging business services for innovation and efficiency.

• Positioned to deliver sustainable growth and long-term shareholder value through 2026 and beyond.