3rd August 2022

Aon reports second quarter 2022 results

Highlights are:
-Total revenue increased 3% to $3bn, including organic revenue growth of 8%
-Operating margin increased 20 basis points to 23.5%, and operating margin, adjusted for certain items, increased 40 basis points to 26.2%
-EPS increased 40% to $2.33, and EPS, adjusted for certain items, increased 15% to $2.63
-For the first six months of 2022, cash flows from operations decreased 16% to $1,131m, and free cash
flow decreased 17% to $1,063m
-Repurchased 1.7 million class A ordinary shares for approximately $500m
-Published our 2021 ESG Impact Report, highlighting the actions and commitments we are taking to enhance
impact and deliver innovative client solutions to help address ESG risks and opportunities
-Surpassed the $1bn milestone in Intellectual Property(IP) backed, insurance-enhanced debt financing facilitated by the IP Solutions team
“In the second quarter, our team delivered strong financial results that reflect the momentum of our business,
with 8% organic revenue growth, operating margin expansion of 40 basis points to 26.2%, and EPS growth of
15%,” said Greg Case, ceo. “This performance highlights the fundamental strength of our core business and client belief in the exceptional value they receive through our globally connected Aon United operating model.”

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