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AON
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Q1 2024 Results Presentation
| Greg Case; Christa Davies | Page 8 of 11 |
October 31, 2024
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"Q1 2024 Results Presentation"
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• Organic Revenue growth of +5%; driven by ongoing strong retention, net new business generation and management of the renewal book • Adjusted Operating Margin expansion of +100 basis points and Adjusted Operating Income growth of +8%; reflecting organic revenue growth, increased fiduciary investment income and restructuring savings, partially offset by increased expenses and investments in long-term growth • Adjusted Earnings per Share (EPS) growth of +9%; primarily reflecting strong revenue growth and effective capital management, partially offset by an increase in our effective tax rate Quarterly Performance on Key Financial Metrics 8 Quarterly Performance and Focus on Long-Term Strategy¹ 1. The results presented on this page are non-GAAP measures that are reconciled to their corresponding U.S. GAAP measures in the Appendices of this presentation. • Leveraging our Risk Capital and Human Capital structure and capability to unlock integrated solutions across our core business that also address new areas of client demand • Embedding the Aon Client Leadership model across our structure to further strengthen and expand our client relationships, including through our recently closed acquisition of NFP • Accelerating Aon Business Services to set a new standard for service delivery and next generation analytical tools by standardizing operations, integrating operating platforms and increasing product innovation and development • Driving ongoing progress against key financial metrics. Expect to deliver mid-single digit or greater organic revenue growth, adjusted operating margin expansion and double-digit free cash flow growth over the long term 3x3 Plan Accelerates our Aon United Strategy, Reinforced by the Acquisition of NFP and Restructuring Program