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HomeMy WebLinkAboutAON RISK CONSULTANTS, INC. Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 N-2026-190 AONO U t 01 2-02-1- 0;HR(?V) TAWIAg07_) ,UL 2 72026 Statement of Work Aon Global Risk Consulting Services This Statement of Work ("SOW"), effective as of May 31, 2026, is between Aon Risk Consultants, Inc. ("Aon" or "Consultant") and City of Santa Ana ("Client") and the services provided hereunder are subject to the terms and conditions in the Engagement Letter between.Aon and Client, dated as of May 31, 2026 ("Agreement"), In the event of any conflict between this SOW and the Agreement,the terms of this SOW shall govern. This SOW commences on May 31, 2026, and will remain in effect until May 31, 2027 ("Service Period"), unless terminated earlier by either Party as permitted in the Agreement.The SOW may be extended beyond the duration noted with formal written approval amending this SOW. Services may not begin nor payment authorized prior to execution of this SOW by an authorized signatory of the Client.Aon's obligation to render services will end at the expiration of this SOW. Introduction Organizations are being forced to navigate an increasing number of evolving and interconnected risks and to make constant decisions that have significant impacts on their balance sheets and earnings volatility. With so much uncertainty in the global economy,and black swan events increasing in frequency, understanding the potential financial impact of risks, and developing formal risk management and financing programs is crucial to protect and grow your business. At Aon, our deep industry knowledge helps clients understand and quantify their specific risks, make better risk mitigation, retention,and transfer decisions, and ensure business continuity through post-loss consulting. Through our multi-disciplinary practice groups, advanced data and analytics and with proprietary tools, we support your decision making across the entire life cycle of risk. Helping you find a balance among mitigation, retention and transfer is key to optimizing performance and navigating volatility. Global Risk Consulting Building Risk Resilience The risk landscape is always changing. At Aon, we give clients the clarity and confidence to make more informed risk mitigation, retention and transfer decisions—helping them protect and grow their businesses. Aon is in the Business of Better Decisions. Services The services to be provided under this SOW are set forth in SOW Exhibit I ("Services and Deliverables"). Compensation,Invoicing, Payment Professional Fees The fee for services delivered in this engagement is shown below. The final fee will depend on project scope and the specific perils of each coverage. Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Compensation Aon's fees are(i)a flat fee of$15,000 for the actuarial study,and(ii)a flat fee of$6,000 for the cost allocation, including Reimbursable Expenses: The amount of this Fee will be reviewed periodically for adequacy based on the scope of Services to be provided.Any adjustments to the Fee must be agreed upon by both parties, with such agreement to not be unreasonably withheld. Invoicing Aon Risk Insurance Services West, Inc. will invoice the Client. Change in Scope Please be aware that requested changes in the scope of services provided by Aon could result in an increase in fees and charges. In the event that Client's operations or insurance programs substantially change by merger, acquisition,expansion, or other material change in scope and nature of exposures, Client will inform Aon, and Client and Aon will negotiate in good faith to revise this SOW as appropriate. Changes in the services or additional projects may also be included as part of this engagement, as mutually agreed to in writing or email by the parties. Limitation of Liability The Schedule Limitation of Liability shall be limited to six(6)times the total fees under this SOW. This SOW must be signed below by authorized representatives of the parties. Counterparts may be delivered via electronic mail (including pdf) or other transmission method and any counterpart so delivered will be deemed to have been duly and validly delivered and be valid and effective for all purposes. AGREED AND ACCEPTED: Aon Risk Consultants, Inc. City of Santa Ana By7 hawaae, iV4 By: See attached signature page Name: Shelley Yim Name. Title: NorCal Market Leader Title: Date: duly 17, 2026 Date: Docusign Envelope ID:F378F701-4036-888F-8356-BF2CA9997BD1 ATTEST: CITY OF SANTA ANA Jennifer 11 . " Alvaro Nunez City CI City Manager APPROVED AS TO FORM: SONIA R. CARVALHO City Attorney By: Uzr-, Laura A. Rossini Chief Assistant City Attorney RECOMMENDED FOR APPROVAL: �C✓LL�LYLJ Lori Schnaider Executive Director of Human Resources Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON SOW Exhibit I:Services and Deliverables This Exhibit covers only those Services listed below that are to be performed during the Service Period. Compensation for additional services requested by Client and compensation for Services to be performed after the end of the Service Period shall be separately negotiated. Services 1. Estimate Outstanding Losses. Estimate outstanding losses (including allocated loss adjustment expenses [ALAS] and unallocated loss adjustment expenses[ULAE])as of June 30, 2026,June 30, 2027, and June 30, 2028, The estimated outstanding losses are the cost of unpaid claims. The estimated outstanding losses include case reserves,the development of known claims and incurred but not reported(IBNR)claims.ALAE are the direct settlement expenses for specific claims, primarily legal expenses. ULAE are general claims administration expenses. The estimated outstanding losses will be provided in bath discounted and undiscounted basis, based on the discount rate provided by the Client. 2. Project Ultimate Limited Losses. Project ultimate limited losses(including ALAS)for 2026127 through 2028129. The projected ultimate limited losses are the accrual value of losses with accident dates in 2026/27 through 2028/29, regardless of report or payment date. The amounts are limited to the indicated self-insured retentions. Projected ultimate losses will be provided in both discounted and undiscounted basis,based on the discount rate provided by the Client. 3. Project Losses Paid. Project losses paid during each fiscal year from 2026/27 through 2028/29. The projected lasses paid are the claim disbursements during each fiscal year from 2026/27 through 2028/29, regardless of accident or report date. The amounts are limited to the self-insured retention. 4. Allocate Premium. Calculate premium contribution by City Department for 2026/27. 5. Affirm GASB Statement No. 10. Provide a statement affirming the conclusions of this report are consistent with Governmental Accounting Standards Board (GASB)Statement No. 10. These actuarial services will result in the production of the following deliverables: The conclusions of our work will be in a written report for Client. The report will be designed to be easily understood by non-actuaries. It will contain a technical section with sufficient information to support all conclusions and facilitate future analysis. Project Approach 1. Participate in a discussion with Client to learn about its self-insured program. 2. Submit a written data request to Client. 3. Gather and compile data provided by Client. We will review the data for reasonableness. Anomalies(if any) will be identified. If requested,we can obtain data directly from the claims administration firm(s). 4. Discuss large individual claims with Client. Large claims can have a disproportionate impact upon the actuarial analysis. We want to be certain we fully understand the large claims. 5. Develop estimates of claim costs for 2026/27 through 2028/29. The estimates will be based on Client 's own data to the extent it is a good predictor of future activity. To the extent Client's loss data is not a good predictor, our projections will reflect other similar programs with which we are familiar.. Based on our experience, we have found that insurance industry statistics are often not applicable topublic entities. This is because insurance industry statistics reflect a wide range of diverse risks (public entities are much more homogeneous). Public entities tend to manage claims very carefully. Therefore, reporting and payout patterns differ from insurance industry statistics. For the above reasons,we will apply insurance industry statistics judiciously. Our estimates will be developed based on generally accepted actuarial practices and will beconsistent with GASB Statement No. 10.We will consider at least the following actuarial methodologies: ■ Paid loss development Docusign Envelope ID:F378F701-4036-888F-8366-8F2CA9997BD1 AON ■ Reported incurred loss development ■ Case reserve analysis • Reported claims development • Frequency and severity analysis • Loss rate analysis ■ Bornhuetter-Ferguson analysis ■ Increased limits analysis 6. Based on projected losses and expected claims disbursement patterns, project investment income. 7. Prepare a draft report of our conclusions and recommendations. The conclusions and recommendations will be clear, concise, and easily understood by non-actuaries.The report will include charts, graphs and other documentation sufficient to support all conclusions and recommendations. Further discussion of the report appears in the"Deliverables,"Section of this proposal, 8. Discuss the draft report with Client by telephone. Based on new facts ascertained in our discussions,we will revise the draft report and issue a final report. Deliverables Client will receive a thorough,yet easy-to-understand report.The technical section will include the following information to support all conclusions and facilitate future analysis. ■ Background. Relevant details concerning the history, administration, claims handling, retention levels and excess coverage will be provided. ■ Data Sources. Descriptions of the loss and exposure data provided by Client and its administrators will be provided. Individual claims requiring special treatment in the analysis will be cited, including an explanation of how we treated the claims in the analysis. If industry data is used to supplement our analysis, a description of the data source will be provided; we will explain how we incorporated the industry data into the analysis. • Methods Used. Descriptions of the various actuarial methods used in the analysis will be provided.We will also explain the considerations associated with selecting the methods as well as the underlying assumptions. Exhibits.The exhibits will show the details of our analysis and support all conclusions stated in the Executive Summary. Our reports are practical, useful documents, frequently referred to by our clients over months until they are updated by ensuing. Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON July 14, 2026 City of Santa Ana, California Re: Engagement Letter between Aon Risk Consultants, Inc.and City of Santa Ana. This Agreement (as defined below) is to confirm our agreement effective May 31, 2026 (the "Effective Date") between Aon Risk Consultants, Inc. dba Aon Global Risk Consulting ("Ann"or"AGRU) and City of Santa Ana("Client"), each a "Party" and together,the "Parties". Services and Service Period This Agreement will be deemed to commence on and including the Effective Date and will continue in force for three (3) consecutive years (the "Term"), subject to earlier termination in accordance with Exhibit A, Section 3.a)or Section 3.b). Services under a particular Schedule will commence as of the date indicated on the Schedule and will continue for the period stated in such Schedule or until terminated by either Party as provided in Exhibit A, Section 3.a)or Section 3.b). Additional Terms and Conditions This Agreement will cover all services provided by Aon to Client as documented in a Schedule ("Services"). Each Schedule is governed by and will incorporate the terms of this Agreement except: (i)where local law or regulations require modification of such terms;or(ii)as agreed by the Parties. In the event of any inconsistency between the terms of a Schedule and the terms of this Agreement,the terms of the applicable Schedule will take precedence. No variation of this Agreement will be valid unless it is in writing and signed by duly authorized representatives of Client and Aon. Any amendment to this Engagement Letter or its exhibits and its and their amendments agreed by Client and Aon will be deemed to apply to all Schedules entered into after the date of such amendment, unless otherwise agreed in writing between the Parties to this Agreement. Terms related to specific Services and the compensation associated therewith may be added by Schedules. Each statement of work, email, engagement letter, amendment or other attachment to this Agreement mutually agreed upon in writing between the Parties that contains a description of Services and refers to this Agreement constitutes a "Schedule"to this Agreement. Each Schedule will be deemed to incorporate all of the terms of this Agreement, except as expressly set forth therein. Each Schedule will be a separate agreement between Aon and Client. For the avoidance of doubt,the effective date of each Schedule will be set forth therein. This Engagement Letter and the General Terms and Conditions,together with other exhibits and addenda attached hereto or incorporated by reference and amendments thereto, are collectively the "Agreement." This Agreement and any Schedule may not be changed or modified, nor any provision waived without the prior written consent of the Parties. If any provision of this Agreement, Schedules or their amendments is held to be in violation of any laws,regulations,governmental,quasi- governmental or regulatory rules, orders, decrees, or any mandatory codes of practice or standards which are (i) applicable to the provision or receipt of the Services; (ii)applicable to acts undertaken or required to be undertaken in connection with this Agreement; or (iii) referred to in this Agreement; in each case solely as applicable to the referenced Party ("Applicable Law"), such provision will be deemed to be amended to conform to such Applicable Law, to the maximum extent permitted by law, and where not so permitted by law, such offending provision will be deemed to be of no force and effect. Aon Risk Consultants, Inc. By: agy. El�ix. July 17, 2026 Fes, �•�. Bate: Name Accepted and Agreed: City of Santa Ana By: See attached signature page Date: Name Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential j Edition Date: September 1,2025 1 Docusign Envelope ID:F37BF701-4036-BB8F-8356-8F2CA9997BD1 ATTEST: CITY OF SANTA ANA ti ru er L. a `•' Alvaro Nunez City Clerk City Manager APPROVED AS TO FORM: SONIA R. CARVALHO City Attorney By: 8amc, � 1- Laura A. Rossini Chief Assistant City Attorney RECOMMENDED FOR APPROVAL: Lori Schnaider Executive Director of Human Resources Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Exhibit A: General Terms and Conditions 1. Aon's Remuneration a) In return for the Services provided to Client, Client will pay Aon the Fees as specified in the relevant Schedule. The Parties agree not to knowingly enter into remuneration arrangements that are contrary to Applicable Laws. b) Fees are due and payable within thirty(30)days of the invoice date. Aon may invoice Client via email, and all payments will be made via electronic payment. Client will promptly notify Aon of any questions regarding invoices so that Aon can expect timely payment. c) Any Fee payable to Aon in consideration for the Services is expressed exclusive of any applicable sales tax,value added tax or equivalent tax, premium tax,duty, import or levy performing a similar fiscal function("Taxes"). Client is responsible to pay any applicable Taxes and other charges payable in connection with this Agreement and the Services. For the avoidance of doubt, subject to the foregoing, each Party will bear responsibility for and pay taxes or levies imposed on it under Applicable Laws, regulations or treaties as a result of its performance of this Agreement. 2. Additional Services and/or Change in Services a) Client will inform Aon in the event that Client's operations change substantially by merger, acquisition, expansion or if there are other material changes in scope and nature of exposures or losses. In such case, or if there is a substantial midterm change to the insurance coverages,policies,bonds and/or programs(the"Programs"),Aon and Client will negotiate in good faith to revise this Agreement as appropriate. b) Client may,at any time, request additions and/or changes to the Services. Such additions and/or changes, including any fees or fee adjustments related to such additions and/or changes,will be confirmed between the Parties and may be documented with a Schedule, an amended Schedule, or other mutually agreeable writing. 3. Termination a) Either Party may terminate this Agreement, any Schedule or any Service for convenience at any time upon sixty(60) days prior written notice to the other Party. b) Either Party may terminate this Agreement,or any Schedule or Service(or any part thereof), for cause upon thirty(30)days prior written notice to the other Party, provided that such other Party will have the opportunity to cure any breach within such thirty(30)days. c) Upon the effective date of termination of this Agreement or a Schedule,Aon will invoice Client for all Fees and expenses due in connection with the terminated Services up to and including the effective date of termination including any Service implementation fees and any agreed upon transition assistance fees. Client will pay Aon's invoice in accordance with Section 1 (Aon's Remuneration). d) Each Schedule will continue until the earlier of the period stated in such Schedule, completion of the work described therein or until such Schedule is terminated in accordance with its terms. Any termination of this Agreement in accordance with Section 3 (Termination) on a date prior to the termination or expiry of any existing Schedule: (i)will not constitute an early termination of such Schedule;and(1i)the terms of this Agreement will continue to apply to such Schedule as if this Agreement were still in full force and effect, until the expiry or termination of such Schedule. e) In the event of termination, Aon will work with Client to transition Client's account to Client's new broker. However, Aon's obligation to deliver the Services terminates at the earlier of the end of the Service Period (as defined in the applicable Schedule)or the effective date of termination, unless otherwise agreed in writing. 4. Delays A Party will not be in breach of this Agreement or any Schedule as a result of,or be liable to the other Party for, Losses(as defined below) arising out of failure to perform or delay in performance caused by acts of God, governmental acts, delays in obtaining work permits or visas, fires, explosion, earthquake, flood or other natural disaster, epidemic or pandemic, accident, civil commotion, industrial dispute or other occurrence outside the reasonable control of such Party ("Force Majeure Event"). If a Force Majeure Event arises, the affected Party will promptly notify the other Party. During any delay in performance owing to a Force Majeure Event, the affected Party will implement reasonable work-around plans, computer system disaster recovery, alternate sources, or other commercially reasonable means to facilitate the performance of its obligations under this Agreement or any Schedule. The affected Party will be entitled to a reasonable extension of time for performing its obligations under this Agreement or any Schedule. If the period of delay or non-performance continues for ninety(90)days, a Party may terminate this. Agreement by giving thirty (30) days'written notice to the other Party. "Losses" mean any and all damages, losses, liabilities, expenses(including reasonable attorneys'fees and expenses)and interest. S.Ownership and Control of Data and Work Product a) Aon has created, acquired or otherwise has rights in, and may, in connection with the performance of Services hereunder, employ, provide, modify, create, acquire or otherwise obtain rights in, various concepts, ideas, methods, methodologies, procedures,processes„know-how,and techniques(including,without limitation,function, process, system and data models); Aon Global Risk Consulting, Inc. _ Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 3 Docusign Envelope ID:F37BF701-4036-888F-8356-8F2CA9997SD1 AON templates; software systems, user interfaces and screen designs; general purpose consulting and software tools; websites; benefit administration systems; and data,documentation, and proprietary information and processes("Aon Information"). b) All right, title and interest in and to any data, information and other materials furnished to Aon by Client hereunder("Client Information") are and will remain Client's sole and exclusive property. Client grants to Aon a license to use such Client Information to provide the Services. Except as provided below, upon full and final payment to Aon hereunder, any Aon work product which the Parties expressly agree is created solely and exclusively by Aon for Client to be owned by Client (the "Deliverables"), if any, will become the property of Client. To the extent that any Aon Information is contained in any of the Deliverables or provided in connection with the Services,subject to the terms of this Agreement,Aon hereby grants to Client a paid-up, royalty-free, nonexclusive license to use such Aon Information solely for Client's internal use in connection with the Deliverables or Services, as applicable. c) To the extent that Aon utilizes any of its property, including, without limitation, the Aon Information, in connection with the performance of Services, such property will remain the property of Aon and, except for the limited license expressly granted in the preceding paragraph, Client will acquire no right or interest in such property. Client will honor Aon copyrights, patents, and trademarks relating to Services, Deliverables and Aon Information, and will not use Aon's name or other intellectual property without Aon's prior written consent. d) Nothing contained in this Agreement will prohibit Aon from using any of its general knowledge or knowledge acquired under this Agreement(excluding Client's Confidential Information)to perform similar services for others. 6. Confidentiality a) Subject to the remaining provisions of this Section 6 (Confidentiality), where a Party (the "Receiving Party") receives any Confidential Information from the other Party(the"Disclosing Party")or on the Disclosing Party's behalf,the Receiving Party will treat the Confidential Information as set out herein."Confidential Information" means any information, including Client Information and Aon Information,this Agreement,data, documents or materials(whether provided in writing, orally or in any other form)in connection with the provision of the Services or this Agreement. b) The Receiving Party will not distribute or disclose any Confidential Information without the Disclosing Party's prior written consent except where: (i) the Confidential Information was lawfully received from a third party without obligations of confidentiality; (ii) the Confidential Information becomes known in the public domain through no fault of the Receiving Party; (iii) the Confidential Information is independently developed by the Receiving Party,- (iv) it is necessary for the Receiving Party to disclose such Confidential Information to its professional advisers or auditors or where it is required to disclose such Confidential Information by law or any regulatory authority; and (v) in respect of Aon, the disclosure is for the purposes of providing the Services, or where Aon is performing insurance intermediary services,the disclosure is normal Brokerage industry practice(e.g.:to insurers or prospective insurers). c) Where the Receiving Party is required to make any disclosure of Confidential Information by law or regulation under Section 6(b)(iv) (Confidentiality), the Receiving Party will notify the Disclosing Party of such disclosure in advance to the extent reasonably practicable and legally permissible. d) Aon may disclose Client's Confidential Information to(i)Aon's service providers as needed for services provided to Aon, (ii) Aon Related Entities (as defined below) to the extent necessary to perform its obligations under the Agreement; (iii) any subcontractors as necessary for them to perform or support the Services, provided that Aon will have in place with such service providers and subcontractors appropriate and reasonable obligations regarding the safeguarding of such Confidential Information. e) Each Party will treat any Confidential Information provided as confidential and take appropriate measures to protect the privacy and confidentiality of such Confidential Information and comply with all Applicable Laws. f) Save where otherwise agreed,the existence of the relationship between Aon and Client or between any Aon Related Entity or any Client Related Entity(as defined below)]which is the subject of this Agreement, any Schedule or any Services, is not to be treated as Confidential Information. g) The obligations under this Section 6(Confidentiality)will expire three(3)years after the effective date of termination or expiry of this Agreement or the relevant Services. However, each Party may retain copies of the other Party's Confidential Information for regulatory and professional record keeping purposes, or to the extent that it is not reasonably practicable to delete such Confidential Information from the Party's IT archival systems, in accordance with the terms of this Section 6 (Confidentiality)for so long as it is retained. h) "Aon Related Entity" means any entity that is Controlled by, Controlling or in common Control with Aon, where"Control" means the power to direct or cause the direction of the management and policies of an entity,whether through the ownership of voting shares, by contract or otherwise. "Client Related Entity" mean any entity that is Controlled by, Controlling or in Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 4 Docusign Envelope ID:F378F701-4036-BBBF-8356-8F2CA9997BD1 AON common Control with Client. i) The provisions of Exhibit B—Privacy Schedule and/or any other terms set out in a Schedule will apply to the performance of the Services by Aon. 7. Collection and Use of Non-Personal Information a) Client acknowledges that the Aon Group gathers non-personal data about its clients and Client Related Entities in respect of services provided and, where applicable, clients' (re)insurance placements, including but not limited to, names, industry codes,policy types,premium and policy expiration dates,claims and other loss related services,as well as information about the (re)insurance companies that compete to provide coverage to Aon's clients. Aon may use this information, subject to Applicable Law, as follows: (i) To share the information with (re)insurance companies (or a nominated third party)to strengthen the value proposition to clients; (ii) To share the information with Aon Group members; (iii) To provide customized services and recommendations to Aon's clients, for example: identifying client opportunities, optimizing and improving Aon products,services and operations; (iv) Creating industry reports, conducting benchmarking and undertaking market research; and (v) Providing and developing analytical solutions and performing statistical, financial and risk modeling, among other services. b) For the purpose of Section 7(Collection and Use of Non-Personal Information),"Aon Group"means the Aon group of entities worldwide, being Aon PLC, Aon's ultimate parent company, and all its subsidiaries, related/associated companies, affiliates as well as joint ventures of such subsidiaries, related/associated companies and affiliates. c) Due to the global nature of services provided by the Aon Group, information that the Aon Group receives may be transmitted, used or stored and otherwise processed outside the country where Client submitted the information. 8. Aon's Obligations a) Aon will perform the Services in accordance with this Agreement and the express specifications (if any) set forth in the applicable Schedule. b) Subject to the provisions of Section 9 (Client's Obligations), Aon will use reasonable endeavors to comply with any agreed timetable for the provision of the Services set out in the applicable Schedule. c) Aon will not provide and has no duty to provide any services outside the scope of the Services agreed in this Agreement or any Schedule. d) Other than as expressly provided in this Agreement or any Schedule, Aon will not be responsible for providing any legal, accounting, taxation, regulatory, or other specialist advice("Specialist Advice") that Client may require in connection with the Services. If Specialist Advice are required,Client acknowledges and agrees that such advice will be sought by Client from an appropriately qualified person or entity. e) The Services are provided for a specific purpose and Aon accepts no responsibility for use of the Services for a different purpose or in a different context. f) The Services, including any advice, report or information that Aon provides, are given solely for Client's benefit and cannot be given to or relied upon by any third Party without Aon's prior written consent. g) Aon will at all times during the Term of this Agreement have the necessary licenses, permits,or registrations required for Aon to be able to provide the Services,and will comply with Applicable Laws. h) Aon may provide services to entities in the same industry and/or markets as Client or with whom Client may have business dealings. This may give rise to potential conflicts of interest; however, Aon has policies and procedures in place to help identify and manage any such potential conflicts of interest that may arise. In the unlikely event that Aon identifies any actual conflict of interest in the provision of Services that Aon is unable to appropriately manage, subject to any obligations of confidentiality that Aon may owe to third parties and in compliance with Applicable Laws, Aon will notify Client and seek agreement on how to continue to provide such Services. 9. Client's Obligations a) Client will comply with all Applicable Laws. b) Client agrees to provide Aon promptly with all Client Information which Aon needs to deliver the Services and fulfil its obligations under this Agreement. Client is responsible for the accuracy and completeness of all Client Information that is submitted to Aon.While Aon will use reasonable endeavors to draw Client's attention to obvious gaps and errors in Client Information,Aon is under no obligation to verify it unless data verification and cleansing is listed as a Service in the relevant Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 5 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Schedule or otherwise agreed in writing between the Parties.Any delay or failure in the provision of Client Information to Aon or any delay created by the correction of errors in Client Information may result in Aon being unable to meet any agreed timetable and/or additional fees being charged. c) Client agrees to review carefully any Deliverables supplied by Aon and advise Aon promptly on receipt if the Deliverable contains errors or omissions caused by Aon with respect to the specifications set forth in the Schedule. d) An inflationary environment and supply chain delays,among other factors,increase losses and therefore Client is encouraged to engage professional appraisers to conduct current property valuations to help avoid underinsured losses or delays in loss adjustments. 10. Indemnification a) Provided that Client promptly notifies Aon of a claim that the Aon Information infringes a presently issued U.S. patent or copyright,Aon will defend such claim at its expense and will indemnify Client for any costs and damages that may be awarded against Client in connection with such claim.Aon will not indemnify Client, however, if the claim of infringement results from (i)use of other than the most recent version of the Aon Information made available to Client by Aon; (ii)Client's alteration of the Aon Information; (iii) use of any Aon Information in combination with other software not provided by Aon; or(iv) use of Aon Information in contravention of this Agreement. b) Any claim under this Section 10(Indemnification)must be asserted before the date that is three(3)years following the date the claimant knew or reasonably should have known of the act or omission giving rise to the claim. The Parties agree that each Party's obligation to indemnify the other pursuant to this Section 10 (Indemnification) is subject to each Party's agreement to use reasonable efforts to mitigate its own, as well as the other Party's, liability, damages, and other losses suffered in connection with and arising out of this Agreement. 11. Limitation of Liability a) To the fullest extent permitted by law, and subject to the following provisions of this Section 11 (Limitation of Liability),Aon's liability and the liability of all Aon Related Entities and their respective employees or agents to Client and all Client Related Entities and their respective employees or agents for any and all Losses, whether based in contract, tort (including negligence), breach of statutory duty or otherwise will be limited, in respect of each SOW,to six(6)times the fees paid and payable undersuch SOW,unless otherwise agreed by the parties in such SOW("Schedule Limitation of Liability").Nothing in this Section 11(a)is intended to exclude or restrict a Party's liability for,fraud or intentional misconduct or any other liability which cannot be lawfully excluded or restricted. b) To the maximum extent permitted by law, in no event will either Party (including any and all Related Entities and their respective employees or agents) be liable to the other Party for any indirect, incidental, consequential, exemplary, reliance, special,or punitive damages(including loss of data,business or goodwill,or government fines, penalties,taxes,or filing fees) or any lost sales, business opportunities, revenues or profits, regardless of whether such liability is based on breach of contract,tort,strict liability,breach of warranty,failure of essential purpose,statutory liability or otherwise,and even if advised of the likelihood of such damages. c) Aon and any Aon Related Entity and their respective employees or agents will have no liability for any Losses arising out of an error or omission by Client or Client Related Entity and their respective employees or agents. d) Client agrees that it is authorized to act on behalf of the Client Related Entities with respect to matters arising under this Agreement, and Client's execution of this Agreement and any amendments to the Agreement binds the Client Related Entities. e) Other than as expressly provided for in this Agreement, all representations (whether express or implied) and all implied conditions, warranties and terms as to the provision of the Services by Aon are excluded to the extent permitted by law or regulation. f) Save as set out in Section 8(Aon's Obligations), nothing in this Agreement will create, imply or operate as an admission that Aon or Aon Related Entity, owes or accepts any duty or responsibility to Client or Client Related Entity. g) To the extent permitted by law, all claims and Losses between the Parties relating to,directly or indirectly, or arising from this Agreement(including the Services), however caused, regardless of the form of action and on any theory of liability, including contract, strict liability, negligence or other tort, will be brought under this Agreement and will be subject to the terms of this Agreement. 12. Dispute Resolution a) The Parties will attempt in good faith to resolve any dispute arising out of or relating to this Agreement promptly by negotiation between executives who have authority to settle the dispute and who are at a higher level of management than the persons with direct responsibility for administration of this Agreement. If these representatives are unable to resolve the dispute within thirty (30) days, the dispute will be referred to more senior executives who will likewise meet in an attempt to resolve the matter in dispute.All negotiations between the Parties conducted pursuant to the dispute resolution process described herein (and any of the Parties' submissions in contemplation hereof)will be kept confidential by the Parties and will be treated by Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2925 6 Docusign Envelope ID: F378F701-4036-888F-8356-8F2CA9997BD1 AON the Parties and their respective representatives without prejudice as compromise and settlement negotiations for purposes of the applicable court rules of evidence. Nothing in this Agreement will prevent either Party from commencing legal proceedings at any time. 13. Insurance a) Coverage.Aon will maintain, at all times during the Term of this Agreement,the following minimum insurance coverages and limits stated in Exhibit C. b) Best Rating.Aon will place such insurance with carriers possessing a A-VII or better rating, as rated in the A.M. Best Key Rating Guide for Property and Casualty Insurance Companies. 14. Successors and Assigns This Agreement will inure to the benefit of and be binding upon the successors and permitted assigns of Aon and Client. Neither Party may assign its rights or obligations hereunder without the prior written consent of the other Party,which consent will not be unreasonably withheld or delayed, except a Party may assign its rights and obligations to an affiliate entity controlled by, controlling, or in common control with the assigning Party. 15. International Trade Restrictions a) Aon maintains a strict global policy regarding compliance with international trade restrictions (the "TR Policy") including, those administered in the United States by the Office of Foreign Asset Control ("OFAC"). Compliance with the TR Policy is mandatory for all Aon staff worldwide, and no exceptions to the TR Policy are permitted under any circumstances. b) In summary,the TR Policy incorporates all Applicable Laws,which may expose Aon to the risk of sanctions or other penalties, including those that relate to export controls and designated parties (including parties regarded by OFAC as Specially Designated Nationals). The TR Policy affects, in particular(but not solely),certain transactions related to countries subject to sanction, prohibition or restriction under UN Security Council Resolutions or under other applicable trade or economic sanctions, laws or regulations(collectively known as"Restricted Territories").The Restricted Territories underthe TR Policy may be subject to change in line with international trade restrictions. c) Aon expects Client to carry out appropriate due diligence to ensure its activities are in accordance with all applicable trade restrictions laws and regulations.Aon does not assume responsibility for Client's compliance with such requirements. If Client becomes aware that any of the Services, including any risk Client has(re)insured or are proposing to(re)insure through Aon, involves a Restricted Territory or any other relevant trade restrictions, Client should inform Aon(or the relevant Aon Related Entity)immediately.Where Aon becomes aware that an entire transaction is contrary to the TR Policy,then Aon will be unable to act for the period during which the transaction is contrary to the TR Policy. If part of a transaction Aon has been asked to carry out(or has already carried out) would constitute, or constitutes, a breach of the TR Policy, Aon will not be able to act with respect to that part, whether it involves a placement, renewal, variation of(re)insurance contract, payment, processing, advising,the handling of a claim or any other Service for the period during which that part of the transaction is contrary to the TR Policy.Aon will be able to continue to provide other Services that do not contravene the TR Policy. d) Aon will not incur any liability whatsoever to Client in the event Aon relies upon this Section 15 (International Trade Restrictions). 16. Anti-Bribery and Anti-Corruption The Parties undertake: i) to maintain appropriate policies, procedures and internal controls designed to prevent that any acts of bribery or corruption in breach of any anti-bribery and anti-corruption laws applicable to either Party, in relation to the Services, will take place anywhere in the world; ii) not to do, or omit to do, any act that will cause or lead either Party to breach any anti-bribery and anti-corruption laws applicable to it; and iii) to keep proper and accurate books and records reflecting all payments made, and expenses incurred in connection with the performance of the Services. 17. Miscellaneous a) The headings used herein are for convenience only and will not affect the interpretation of this Agreement. b) This Agreement has been entered into for the sole benefit of Client and Aon, and in no event will any third-party benefits or obligations be created thereby. c) This Agreement and any Schedule hereunder may be executed in two or more counterparts, each of which will be deemed an original for purposes of this Agreement or the Schedule. d) The relationship between the Parties is that of independent contractors. Nothing in this Agreement will be deemed or construed to create a joint venture, agency, or partnership between the Parties for any purpose or between the partners, Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date: September 1,2025 7 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON officers,members,or employees of the Parties by virtue of either this Agreement or actions taken pursuant to this Agreement. Aon personnel will remain Aon's employees for all purposes, including, but not limited to, determining responsibility for all payroll-related obligations. e) Aon may enter into subcontracts to perform a portion of the Services under this Agreement provided that Aon will remain responsible for the acts or omissions of such subcontractors as if such subcontracted activities had been performed by Aon. f) Neither Party will use the name or marks of, or refer to, or identify the other Parry in any public announcements or press release without the prior written approval of an authorized representative of the other Party (which approval a Party may withhold in its sole discretion), except no such written approval is required to the extent any such disclosure is required by Applicable Law. Unless otherwise instructed by Client, Aon will use Client's logo, pictures, and other publicly available information to effectively market Client's Programs to insurance and surety markets or for use in Aon's business records. g) It is expressly understood and agreed that the obligations of Sections 3, 6, 6, 10, 11, 12, 14 and 17 herein, as well as all payment obligations arising on or before the date of termination or expiration of the term of this Agreement, will survive the termination or expiration of this Agreement. h) Each Party acknowledges that its failure to comply with the confidentiality and ownership provisions may cause the aggrieved Party irreparable harm for which the aggrieved Party may not have any adequate remedy at law,and that the aggrieved Party will be entitled to seek equitable relief,including injunction and specific performance,as a remedy for any actual or threatened breach of the confidentiality or ownership provisions of this Agreement. i) In the event of any action to construe or enforce this Agreement or any portion thereof,the prevailing Party will be entitled to recover, in addition to any charges fixed by the court,its costs and expenses of suit, including reasonable attorneys'fees and expenses. j) If any provision of this Agreement or any Schedule is, or becomes, or is found by a court or other competent authority to be illegal, invalid or unenforceable, in whole or in part, under any law, such term or provision or part will, to that extent, be deemed not to form part of this Agreement or Schedule and the legality, validity and enforceability of the remainder of this Agreement or Schedule will not be affected or impaired. k) No failure on the part of Client or Aon to exercise, and no delay on its part in exercising, any right or remedy under this Agreement will operate as a waiver thereof. The rights provided in this Agreement are cumulative and not exclusive of any rights or remedies provided by law. 1) In the event any terms of any Schedule conflict with the terms contained in these General Terms and Conditions, the terms of such Schedule will prevail. m) This Agreement will be construed and enforced in accordance with the internal laws and judicial decisions of the State of Illinois,excluding its conflict of laws rules that would refer to and apply the substantive laws of another jurisdiction.To facilitate judicial resolution and save time and expense, the Parties irrevocably and unconditionally agree not to demand a trial byjury in any action, proceeding or counterclaim arising out of or relating to the Services or this Agreement. n) This Agreement, including any Schedules and the materials incorporated herein from time to time, constitutes the entire agreement of the Parties and supersedes all previous oral or written negotiations and agreements relating to the subject matter hereof(including the subject matter of such Schedules). For the avoidance of doubt,this Agreement also supersedes the terms and conditions in any purchase order, engagement letter or general consulting services agreement between Aon and Client regarding the Services covered by this Agreement unless Aon and Client expressly agree that the terms of such orders, letters or agreements will control over this Agreement. There have been no representations or statements, oral or written,that have been relied on by any Party hereto except those expressly set forth herein. [End of Exhibit A] Aon Global Risk Consulting, Inc. Client Engagement Letter i Proprietary and Confidential i Edition Date:September 1,2025 8 ❑ocusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Exhibit B: Privacy Schedule This Privacy Schedule("Privacy Schedule")forms part of the Agreement between Aon and Client and any applicable Statement of Work(as defined below). To the extent that the provisions of this Privacy Schedule conflict with, or are inconsistent with, any provisions in the Agreement, the Privacy Schedule shall prevail. 1. DEFINITIONS AND INTERPRETATION 1.1. In this Privacy Schedule the following terms shall have the following meanings: "Affiliate"means,with respect to a Party, an entity that is Controlled by,Controlling or in common Control with that Party,where"Control"means the power to direct or cause the direction of the management and policies of an entity, whether through the ownership of voting shares, by contract or otherwise; "Agreement Personal Data" means any personal data, personal information (including any sensitive or special categories of data) that is transmitted, stored or otherwise processed under or in connection with the Agreement; "Aon Group"means the Aon group of entities worldwide, being Aon PLC,Aon's ultimate parent company,and all its subsidiaries, relatedlassociated companies, Affiliates as well as joint ventures of such subsidiaries, related/associated companies and Affiliates; "DP Laws"means any applicable data protection and privacy laws relating to the protection of individuals with regards to the processing of personal data) including but not limited to (i) the General Data Protection Regulation(EU)2016/679("GDPR");(ii)the GDPR as transposed into the national laws of the United Kingdom ("UK GDPR"); (iii) Directive 20021581EC ("ePrivacy Directive"); (iv)the California Privacy Rights Act("CPRA") and the California Consumer Protection Act of 2018 ("CCPA") and any corresponding or equivalent United States,state, or federal laws or regulations including any amendment, update, modification to or re-enactment of such laws(together"US Privacy Laws"); and(v)any corresponding or equivalent national laws or regulations [including any amendment, supplement, update, modification to or re-enactment of such laws; "Personal Data Breach" means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to the Agreement Personal Data; "Restricted Transfer"means a transfer of the Agreement Personal Data between Client(or a Client Affiliate) and Aon (or Aon Affiliate(s))which, in the absence of the SCCs,would be unlawful under DP Laws; "SCCs" means (i) the standard contractual clauses set out in Commission Implementing Decision (EU) 2021/914 for the transfer of personal data to third countries pursuant to the GDPR, as updated, amended, replaced and superseded from time to time("EU SCCs"); and/or(ii)the UK IDTA; "Sell[ing]", "Sale" or "Sold" means selling, renting, releasing, disclosing, disseminating, making available, transferring,or otherwise communicating orally,in writing,or by electronic or other means Personal Information by one business to another business or a third party for monetary or other valuable consideration; "Statement of Work" means a statement of work, work order or other document ancillary to the Agreement, under which.Aon or its Affiliates agree or have agreed to provide services to Client or its Affiliates; and "UK IDTA" means either the International Data Transfer Agreement (the "IDTA") or the International Data Transfer Addendum to the EU Commission Standard Contractual Clauses(the"UK Addendum")issued by the UK Information Commissioner under section 119A(1) Data Protection Act 2018, The terms"business","controller","data subject", "personal data","personal information","processing", "processor", "sensitive personal data", "service provider", "special categories of data", "supervisory authority"and"transfer"shall have the same meanings ascribed to them or equivalent terms under DP Laws, and references to the term"personal data"shall be interpreted to include any information defined as"personal information"or any other such similar term as defined in DP Laws. 1.2. Capitalised terms not defined in Clause 1.1 shall have the meaning ascribed to them elsewhere in the Agreement. 1.3. Except as modified below, the terms of the Agreement shall remain in full force and effect. 2. GENERAL 2.1. Each Party shall comply with its respective obligations under DP Laws with regards to Agreement Personal Data, Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 9 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON 2.2. If the Parties or their Affiliates (as applicable) enter into a Statement of Work, under which Aon agrees to provide services to Client which: (a) are listed in Appendix 1 then the relevant services shall be deemed applicable for the purposes of Appendix 1 from the date of that Statement of Work; or (b) are not covered by Appendix 1,then the Parties or their Affiliates(as applicable)may agree in writing to update Appendix 1 to insert details of the relevant services. 3. DATA PROTECTION OBLIGATIONS 3.1. Sections 4 and 5 shall apply only to the extent that (i) DP Laws apply to Aon's processing of Agreement Personal Data; and (ii)such laws impose or require that each of the following obligations be imposed on the Parties, in light of Aon's processing of Agreement Personal Data. For the avoidance of doubt,this means that where DP Laws only impose or require certain of the following obligations, only those obligations shall apply between the Parties. 3.2. The Parties shall take all measures to comply with DP Laws. 3.3. Each Party shall notify the other in writing, without undue delay, if it is no longer able to process Agreement Personal Data in accordance with DP Laws, 4. PROVISIONS APPLICABLE TO CONTROLLER SERVICES 4.1. The Parties envisage that under this Privacy Schedule, each Party is a separate controller or business of the Agreement Personal Data processed for the provision of the services applicable to the Agreement listed in Appendix 1 ("Controller Services"). 4.2. Each Party agrees for its own part that,to the extent that it processes Agreement Personal Data as a separate controller or business: (a) it will observe all applicable requirements of DP Laws and this Privacy Schedule in relation to its. processing of Agreement Personal Data; and (b) all Agreement Personal Data collected or sourced by it or on its behalf for processing in connection with the Agreement or which is otherwise provided or made available to the other Party shall have been collected or otherwise obtained in compliance with DP Laws, and may be processed, disclosed and transferred as described in or in connection with the Agreement. 4.3. Aon and Aon Affiliates may process,transfer and disclose personal data as described in Aon's privacy notice in particular for (i) the delivery of the Controller Services; (ii) administration of engagement and general correspondence with Client;(iii)screening of individuals associated with Client against international sanctioned parties lists;and (iv)aggregation,de-identification and,where feasible,full anonymisation of personal data for benchmarking, market research and data analysis purposes associated with the development of Aon Group's products and services. 4.4. The Parties will work together in good faith to ensure information prescribed by DP Laws is made available to relevant data subjects, including where necessary Client's provision of such information to data subjects on Aon's behalf. 4.5. Each Party shall implement appropriate technical and organisational security measures in relation to the processing of the Agreement Personal Data under or in connection with the Agreement,which shall ensure a level of security appropriate to the risk including, as appropriate, (i)pseudonym isation and encryption; (ii)the ability to ensure the ongoing confidentiality, integrity, availability and resilience of processing systems and services;(iii)the ability to restore the availability and access to the Agreement Personal Data in a timely manner in the event of a physical or technical incident; (iv) a process for regularly testing, assessing and evaluating the effectiveness of those measures, and(v)any other measures required by DP Laws. 4.6. Aon shall maintain a global data governance framework which mandates strict technical and organisational security measures applicable to the processing of Agreement Personal Data including those relating to,without limitation, access control, data handling, malware protection, security organisation, system configuration and hardening, personnel security, physical security, business continuity plans and disaster recovery and third party security. 4.7. Aon shall retain the Agreement Personal Data pursuant to its corporate record retention schedules for the purposes of meeting Aon's legal and regulatory obligations, and enabling Aon to establish,exercise or defend legal claims. 4.8. If either Party receives any complaint, notice or communication from a supervisory authority which relates to Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 110 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON the other Party's: (i) processing of the Agreement Personal Data; or (ii) potential failure to comply with DP Laws in respect of the Agreement Personal Data,that Party shall direct the supervisory authority to the other Party. 4.9. If a data subject makes a written request to a Party to exercise any of their rights in relation to the Agreement Personal Data that concerns processing of the other Party,that Party shall direct the data subject to that other Party. 4.10. If either Party becomes aware of a Personal Data Breach that requires notification to a supervisory authority, it shall notify the other Party without undue delay, and each Party shall co-operate with the other,to the extent reasonably requested,in relation to any notifications to supervisory authorities and/or to affected data subjects. 4.11. The Parties acknowledge that Agreement Personal Data may be transferred or otherwise processed or transferred outside of its country of origin ("International Transfers") provided that such International Transfers are made in compliance with DP Laws, including, if applicable, by adoption of SCCs, or such other international transfer mechanism that effectively complies with DP Laws. 4.12. With respect to Restricted Transfers subject to the GDPR, the SCCs are hereby incorporated into this Agreement by reference and will come into effect upon the commencement of any such Restricted Transfer, and the following terms shall apply. In each case,the data exporter is the Party or its Affiliates(as applicable) disclosing the personal data and the data importer is the Party or its Affiliates (as applicable) receiving the personal data: (a) where a Restricted Transfer is subject to the GDPR the following terms shall apply: 0) Annex IA of the EU SCCs will be populated with the details of the Parties set out in the Agreement, Annex IB of the EU SCCs will be populated with the description of processing of personal data set out in Appendix 1 of this Privacy Schedule; and (ii) For the purposes of Module 1 of the EU SCCs:clause 7 and the optional language in clause 11(a) shall not apply, the supervisory authority for the purposes of clause 13(a) shall be determined by the place of establishment of the data exporter,the governing law and choice of forum and jurisdiction stipulated in the Agreement shall apply to the extent that it is the law and the courts of an EU member state otherwise it shall be those of the Republic of Ireland, and the technical and organizational security measures set out in Clauses 4.5 and 4.6 shall apply. The frequency of the transfer shall be continuous, as necessary to deliver the Controller Services, and retention shall be determined by Aon's corporate record retention schedules and policies; and (b) where a Restricted Transfer is subject to the GDPR and UK GDPR the following terms with respect to the UK Addendum shall, in addition to Clause 4.12 above,also apply: (i) the EU SCCs shall be read in accordance with, and deemed amended by,the provisions of Part 2(Mandatory Clauses)of the UK Addendum; and (ii) the Parties confirm that the information required for the purposes of Part 1 (Tables) of the UK Addendum is set out in the Agreement. (c) where a Restricted Transfer is subject to the UK GDPR the Parties confirm that the information required for the purposes of Part 1 (Tables), Part 2(Extra Protection Clauses)and Part 3(Commercial Clauses) of the IDTA is set out in the Agreement and Appendix 1 to this Privacy Schedule and the technical and organizational security measures set out in Clauses 4.5 and 4.6 shall apply. 4.13. For the avoidance of doubt(and without prejudice to third party rights for data subjects under the SCCs)the Parties hereby submit to the limitations stipulated in the Agreement with respect to their respective liability towards one another under the SCCs. 4.14. To the extent that there is any conflict or inconsistency between the terms of the SCCs and the terms of the Agreement, the terms of the SCCs shall take precedence. 4.15. If, and to the extent that, the European Commission or the United Kingdom issues any amendment to, or replacement of,the EU SCCs or the UK IDTA pursuant to Article 46(5)or Article 46 of the GDPR or UK GDPR, the Parties agree in good faith to take such additional steps as necessary to ensure that such replacement terms are implemented across all transfers. 4.16. If, at any time, a supervisory authority or a court with competent jurisdiction over a Party mandates that transfers from controllers in the EEA or the United Kingdom to controllers established outside the EEA or the United Kingdom must be subject to specific additional safeguards(including but not limited to specific technical Aon Global Risk Consulting, Inc. Client Engagement Letter i Proprietary and Confidential i Edition Date:September 1,2025 11 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON and organisational measures),the Parties shall work together in good faith to implement such safeguards and ensure that any transfer of personal data is conducted with the benefit of such additional safeguards. 5. PROVISIONS APPLICABLE TO SEPARATE CONTROLLERS 5.1. Pursuant to the Agreement,Client has contractually engaged Aon to perform the Controller Services, in support of one of more specific business purposes. In order for Aon to provide the services to Client and to perform its obligations under the Agreement, Client must provide, direct others to provide, or otherwise make available (collectively "provide") to Aon certain data, including Agreement Personal Data ("Relevant Data"). Client agrees to provide to Aon the Relevant Data that is necessary for Aon's performance of its obligations under the Agreement, and to only provide such personal data as is reasonably necessary to the performance of the Controller Services. The Parties agree that (i) Aon is not able to perform its obligations to Client under the Agreement unless Client provides the Relevant Data, (H)the Relevant Data is necessary to the performance of the services, and(iii)the Agreement Personal Data is not provided to Aon in exchange for any monetary or other valuable consideration from Aon to Client. 5.2. Aon shall only process Agreement Personal Data to fulfill the business purposes set out in the Statement of Work. 5.3. Aon shall not retain, use, or disclose Agreement Personal Data outside of the Agreement between Aon and Client. ['Privacy Appendix 1: Controller Services follows on next page] Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Edition Date:September 1,2025 12 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Appendix 1:Controller Services Description of processing Where applicable, for the purposes of Annex 1 to Module 1 of the EU SCCs, Annex B of the Controller SCCs and/or any IDTA, the data exporter(s) is the Party disclosing the Agreement Personal Data and the data importer(s) is the Party receiving the Agreement Personal Data.The Agreement Personal Data is processed for the purposes of providing the Controller Services listed below and is processed for the duration of the Agreement. Processing operations may be set out more specifically in the Agreement and/or any applicable Statement of Work. Solution Line Service Type of Personal Data Categories of Data Subject Commercial (i) Insurance and reinsurance . Basic personal details(name, • Insured Risk Solutions Brokerage and consultancy address,date of birth, age, individuals and services and (ii)Aon M&A and gender, nationality) . Claimants Reinsurance Transaction Solutions(AMATS): (i) . Family, lifestyle and social Solutions Advising on insurance and/or circumstances . Beneficiaries reinsurance contracts("Contracts"), . Empioyment and professional arranging deals in Contracts, making qualifications arrangements wfth a view to . Information on account opening transactions in Contracts,dealing as forms agent in Contracts, and assisting in . Identification and verification data the administration and performance (including images of ID card or of Contracts and consulting on risks passport) and insurance and re-insurance . Financial details claims; (ii)Advising on risk and . Information about shareholdings insurance, risk and insurance due where relevant#o the insurance diligence, cyber security consultancy Insurance details(type and and cyber due diligence, human 0 amount of insurance, details of capital due diligence(pensions, claim) health and benefits, compensation),IP consultancy. Medical history where relevant to the services [End of Exhibit B] Aon Global Risk Consulting, Inc. Client Engagement Letter I Proprietary and Confidential I Fdition Date:September 1,2025 13 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON Exhibit C.Insurance Requirements Prior to undertaking performance of work under this Agreement, Consultant shall maintain and shall require any subcontractors to maintain insurance as described below for the entire Term of this Agreement againstclaims for injuries to persons or damage to property which may arise from or in connection with services, products and materials supplied to City. Total cost of such insurance shall be borne by Consultant or subcontractors. MINIMUM SCOPE AND LIMIT OF INSURANCE 1. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01covering CGL on an "occurrence" basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $1,000,000 per occurrence and $2,000,000 aggregate. Required policy limits can be met with primary and umbrella/excess insurance policies. 2. Business Automobile Liability (AL): Insurance Services Office Form CA 00 01 covering Code 1 (any auto),with limits no less than$1,000,000 combined single limits.. Required policy limits can be met with primary and umbrella/excess insurance policies. 3. Workers' Compensation (WC): as required by the State of California, with Statutory Limits, and Employers Liability Insurance with limit of no less than$1,000,000 per accident,policy or employee,for bodily injury or disease. Coverage is not required if Consultant has no employees and signs request to waive such insurance. Consultant attests that its workers'compensation coverage extends to all persons who will be working with the City under the agreed scope of services. 4. Professional Liability (PL) /Errors and Omissions(E&O) including Cyber: with limits no less than $1,000,000 per occurrence or claim, and$1,000,000 aggregate. 5. Cyber Liability (CL): Insurance, with limits not less than $1,000,000 per occurrence or claim and $1,000,000 aggregate.Coverage shall include network security and privacy liability coverage for first-party breach response and liabilities arising from unauthorized release of confidential third-party information..The policy shall provide first-parry coverage for breach response costs, regulatory fines and penalties only to the extent insurable by law as well as credit monitoring expenses. Other Insurance Provisions The specific policies listed below insurance policies are to contain or be endorsed to contain the following provisions: 1. City, its City Council, its officers, officials, employees, agents, or volunteers while performing duties related to this contract, are to be covered as additional insureds on a blanket basis, under Consultant's CGL and AL policies,with respect to liability arising out of work or operations performed by Consultant including materials, parts, equipment, and personnel furnished in connection with such work or operations. 2. Consultant's Insurance company(ies) agrees to waive all rights of subrogation against City, its City Council, its officers, officials, employees, agents, or volunteers while performing duties related to this contract,for losses paid under the terms of Consultant's CGL,AL,and WC policies which arise from work performed by Consultant under this Agreement. 3. For any claims related to this contract, Consultant's Commercial General Liability and Business Auto Liability insurance coverage shall be primary and any insurance maintained by City, its City Council, its officers, officials, employees, agents, or volunteers while performing duties related to this contract, shall not contribute with it. 4. The Commercial General Liability and Business Auto Liability policies shall contain a severability of interest provision must apply for all the additional insureds, ensuring that Consultant's insurance shall apply separately to each insured against whom a claim is made or suit is brought,except with respect to the insurer's limits of liability. 5. Insurance policies coverage shall not be canceled,suspended,voided, materially reduced in coverage or in limits,non-renewed by the carrier,or materially changed except after thirty(30)days prior written notice has been given to City provided by Consultant.Ten(10)days prior written notice shall be provided to City for policy cancellation or non-renewal due to non-payment of premium. Aon Global Risk Consulting, Inc. Client Engagement Letter it Proprietary and Confidential I Edition Date:September 1,2025 14 Docusign Envelope ID:F378F701-4036-888F-8356-8F2CA9997BD1 AON 6. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa Ana, Attention: Julie Houng, Human Resources Agency, 20 Civic Center Plaza, M-34, Santa Ana, CA 92701.The name and location of project must be included in the Description of Operations section of each certificate. Self-Insured Retentions Any deductible or self-insured retentions are the sole responsibility of consultant. Acceptability of Insurers Insurance is to be placed with insurers authorized to conduct business in the State of California with a current A.M. Best rating of no less than A-:VII. Verification of Coverage Consultant shall furnish City with Certificates of Insurance including all required blanket endorsements (or copies of the applicable policy language effecting coverage required by this clause). However, failure to obtain the required documents prior to the work beginning shall not waive Consultant's obligation to provide them. Special Risks or Circumstances City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances. [End of Exhibit C] Aon Global Risk Consulting, Inc. Ment Engagement Letter I Proprietary and Confidential I Edition[late:September 1,2025 15 CERTIFICATE OF LIABILITY INSURANCE DAT06M2WO2SYYY) THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED <n REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT:If the certificate holder is an ADDITIONAL INSURED,the policy(tes)must have ADDITIONAL INSURED provisions or be endorsed.If SUBROGATION IS WAIVED,subject to the terms and conditions of the policy,certain policies may require an endorsement.A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT 0 Aon Risk Services Central, Inc. PHONE (866) 283-7122 FAx (600) 363-0105 d Chicago IL Office {AC.No.Ext): AIC.No.: ,a 200 East Randolph E-MAIL 2 Chicago IL 60601 USA ADDRESS: 0 INSURER(S)AFFORDING COVERAGE NAIC 0 INSURED INSURER A: Continental casualty company 20443 Aon Corporation and its subsidiaries INSURERS: Transportatior insurance Co. 20494 (see subsidiary information Below) 200 E. Randolph INSURERC: The Continental insurance Company 35289 Chicago 1L 60601 USA INSURERD: American casualty Co. of Reading PA 20427 INSURER E: INSURER F: COVERAGES CERTIFICATE NUMBER:570121057862 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED.NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. Limits shown areas requested INSII LTR TYPE OF INSURANCE INSD WVD POLICYNUMBER D Y MM1DDNYYY LIMITS X COMMERCIAL GENERAL LIABILITY GL MMlD EACH OCCURRENCE $1,000,000 CLAIMS-MADE X❑OGCDR DAMAGE O $1,000,000 _ PREMISES Ea CCCLIrreDCe MED EXP(Any Ono porscr) $10,000 PERSONAL&ACV INJURY $1,000,000 GEN'LAGGREGATELIMITAPPLIESPER: GENERALAGGREGATE $2,000,000 - PRO- Q POLICY JECT X LOC PRODUCTS-COMPICPAGG $2,000,000 N OTHER: 0 A AUTOMOBILE unearrY Y Y RUA 4014103656 06/01/2026 06/01/2027 COM13INED Idont)SINGLE LIMY $1,000 000 E dent X ANYAUTO BODILY INJURY(Per person) ZQ OWNED SGHEDULEO BODILY INJURY(Per accldenp N AUTOS ONLY AUTOS HIRED AUTOS NON-OWNED PROPERTY DAMAGE ONLY AUTOS ONLY Psraccidant 'C tw W UMBRELLALIAB OCCUR EACHOCCURRENCE U EXCESS LIAR CLAIMS-MADE AGGREGATE LED I RETENTION B WORKERS COMPENSATION AND Y WC4014100157 06 01/2026 06/01 2027 PER STATUTE I OTH. YIN AZ EMPLOYERS'LIABILITY E - ANYPROPRIETOR/PARTNER/EXECUTIVE , MA, OR, WI X D OFFICERIMEMBEREXCLUDED? N MIA Y WC4014100059 06/01/2026 06/01/2027 E'L.EACHACCIDENT $1,000,000 mandatory In NH) All other states E.L.DISEASE-EA EMPLOYEE $1,000,000 If yes,dosorlbe under DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $1,00o,000 DESCRIPTION OF OPERATIONS 1 LOCATIONS!VEHICLES(ACORD 101,Additional Remarks Schedule,maybe attached It more space Is required) RE: Aon Risk insurance Services West l Inc., PO Box 849832. city of Santa Ana, its city Council, officers, officials, em toyees ac5c�ents and volunteers are Included as Additional Insured in accordance with the policy provisions of the General Liability and Automobile Liability policies. A Waiver of subrogation is granted in favor of city of Santa Ana in accordance with the policy pprovisions of the General Liability, Automobile Liability and workers' compensation policies. The above terms are as required by written contract. APPROVE® By Tu Tran Nguyen of 2:38 pm,Jun 23,2026 CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. City of Santa Ana AUTHORIZED REPRESENTATIVE 20 Civic Center Plaza Santa Ana CA 92701 USA @1988-2015 ACORD CORPORATION.All rights reserved. ACORD 25(2016103) The ACORD name and logo are registered marks of ACORD E(MMIDDIYYYY)DAT CERTIFICATE OF LIABILITY INSURANCE G6l23l2026 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW, THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED m REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(les) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in Ileu of such endorsemen s. 19 PRODUCER CONTACT 'aa AOn Risk services central, Inc. NAME: Chicago IL Office r141c.Na.Ert): (866) 283-7122 r ,No,); SDO-363-0105 200 (East Randolph e AI 2° Chicago IL 60601 USA ADRss; INSURERS)AFFORDING COVERAGE NAIC# INSURED INSURERA: XL specialty Insurance Co 37885 Aon CDr Oration INSURER B: (see Subsidiary Information BeloW)200 F. Randolph INSURER C: Chicago IL 60601 USA INSURERD: INSURER E: INSURER F; COVERAGES CERTIFICATE NUMBER- 570121058599 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS 803JEPT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES, LIMITS SHOWN MAY RI BEEN REDUCED BY PAID CLAIMS, pip gig y�pF poll Exp Limits shown are as requested - ILTR TYPE Of INSURANCE Iry°�o WvbR POLICY NUMBER (MMID�fYYYY) (MM1b�Y MV) LIMITS COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE GE TO RENTED CLAIM&MADE I I OCCUR PREMISES(Ea occurrence( �L MED EXP(Any one pason( PERSONAL&ADV INJURY rn OPN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE - P PRO- OLICY I—!IJECT ❑LOC PROPUI-COMWOP AGO I N OTHER: o AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT (Ea accldent) ANYAUTO BODILY INJURY(Per parson) O OWNED SCHEDULED BODILY INJURY(Per accident) Z - AUT08 ONLY AUTOS N HIRECALJ70S NON-OWNED PROPERTY DAMAGE N ONLY AUTOS ONLY (Per axldeul) O 'L W UMORELI-ALIAB OCCUR EACH OCCURRENCE V EXCESS LIAB CLAIMS-MADE AGGREGATE DED RETENTION WORKERS COMPENSATION AND PER STATUTE 07H- EMPLOYERS'LIABILITY ER YIN E,L EACH ACCIDENT OFFICER EMBERIPARTNERl EXECUTIVE NIA CFFICERAIEMBER E%CLupppp (Mandato,y in NH) E.L.DISEASE-EA EMPLOYEE f qqes descdba u ar 17ES�RIPTION 0 OPERATIONS below E,L.OtErABE-POLICY LIMIT A E&O - Professional Liability US00087368Eo24A 03/01/2024 03/01/2028 Each claim $13000,000 Primary Errors & Omissions Aggregate $1,000,000 SIR applies per policy terms & condi ions DESCRIPTION OF OPERATIONS 1 LOCATIONS 1 VEHICLES(ACORD 101,Additional Remarks Schedule,may be altaehed it mere space Is requlrod) _+r The above E&O Policy includes coverage for Cyber Liability. RE: Aon Risk Insurance services West, Inc., PO BOX 849832. APPROVED Sy Tu-Tran Nguyan at-2 38 pm;Jun 23;2026- " CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION J�"I DATE THEREOF,NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE.FCLICY PROVISIONS. 9+�. city of Santa Ana AUTHORIZED REPRESENTATIVE 20 civic center Plaza Santa Ana CA 92701 USA ©1988-2016 ACORD CORPORATION.All rights reserved ACORD 26(2016103) The ACORD name and logo are registered marks of ACORD AGENCY CUSTOMER ID: 10224227 'ter`1 LOG#: ADDITIONAL REMARKS SCHEDULE Page _ of _ AGENCY NAME➢INSURE❑ Aon Risk services Central, Inc. Aon corporation POLICY NUMBER see certificate Number: 570121058599 CARRIER NAIC COCE see certificate Number: 570121058599 UFECTIVL DATE: ADDITIONAL REMARKS THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER: ACORD 25 FORM TITLE: Certificate of Liability Insurance carrier Participation schedule Insurer: XL Specialty Insurance Company I Policy #: US00087368EO24A I Participation. 6.67% 1 Policy Term: 3/1/2024-3/1/2028 Insurer:Illinois National Insurance Co. I Policy #: 025827769 1 Participation: 16.67% 1 Policy Term: 3/1/2024-3/1/2028 Insurer:starr Surplus Lines Insurance company I Policy #: 1000624723241 1 Participation: 6.67% I Policy Term: 3/1/2024-3/1/2028 Insurer:Houston casualty company I Policy #: 14MG24A16363 Participation: 3.33% 1 Policy Term: 3/1/2024-3/1/2028 Insurer:National Fire & Marine insurance company I Policy #: 42EPP33358701 1 Participation: 6.67% 1 Policy Term: 3/1/2024-3/1/2028 XL specialty insurance Company 1 Policy #: US00137987EO24A I Participation: 60% I Policy Term: 3/1/2024-3/1/2028 ACORQ 101{2008)01) ®2008 ACORD CORPORATION.All rights reserved. The ACOR➢name and logo are regisiered marks Of ACORD AGENCY CUSTOMER ID: 10224227 LOC#: A ADDITIONAL REMARKS SCHEDULE Page ..,, of _ AGENCY NAMED INSURED Aon Risk services Central, Inc. Aon Corporation and its subsidiaries POLICY NUMBER See Certificate Number: 570121057862 CARRIER NAIL 006E See Certificate Number: 570121057862 EFFECTIVE DATE: ADDITIONAL REMARKS THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER: ACORN 25 FORM TITLE: Certificate of Liability Insurance INSURER(S) AFFORDING COVERAGE NAIC# INSURER INSURER INSURER INSURER ADDITIONAL POLICIES If a policy below does not include limit information,refer to the corresponding policy on the ACORD certificate form for policy limits. 1NSR ADDL SUER POLICYNUMBQR POLICY POLICY LTR 'TYPE OR INSURANCE INSD WVU RVFECTIVE EXPIRATION LIMITS DAI'E DATE (MM/DDIYYYY) (MMIDD/YYYY) WORKERS COMPENSATION C N/A Y WC4014100014 06/01/2026 06/01/2027 CA ACORD 101(200W01) ®2008 ACORD CORPORATION.All rights reserved. The ACORD name and logo are registered marks of ACORD CNA CNA PARAMOUNT Additional Insured - Owners, Lessees Or Contractors - Scheduled Person Or Organization This endorsement modifies insurance provided under the following; COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name Of Additional Insured Persons Or Or anfzation s ANY PERSON OR ORGANIZATION WHOM YOU ARE REQUESTEDBY CONTRACT TO ADD AS AN ADDITIONAL INSURED IN THEPERFORMANCE OR YOUR ONGOING OPERATIONS AND THATCONTRACT EXPRESSLY REQUIRES THE USE OF ISO ENDORSEMENT CG2010 04/13 OR ITS EQUIVALENT. a CO 20 10 1219 Pollcy No; 4014103835 Page 1 of 2 Endorsement No; CONTINENTAL CASUALTY COMPANY Effective Date; 06/01/2026 Insured Name;AON CORPORATION Gopyrlgnt Insurance Services Office,Inc.,2018 CCNA CNA PARAMOUNT Additional Insured - Owners, Lessees Or Contractors - Completed Operations This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART SCHEDULE Name Of Additional insured Person(s)Or Or anilzation s ANY PERSON OR ORGANIZATION YOU ARE REQUIRED BY CONTRACT TO ADD AS AN ADDITIONAL INSURED FOR PRODUCTS—COMPLETED OPERATIONS COVERAGE AND THAT CONTRACT EXPRESSLY REQUIRES THE USE OF ISO ENDORSEMENT CG2037 0413 OR ITS EQUIVALENT CG2037 0413 e CG 20 37 12 19 Policy No; 4014103835 Page 1 of 2 Endorsement No: CONTINENTAL CASUALTY COMPANY Effective Date: 06/01/2026 Insured Name:AON CORPORATION Copyright Insurance Services Office,Inc.,2018 CNA Business Auto Policy lfii;lU uu JfE'= THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following: AUTO DEALERS COVERAGE FORM BUSINESS AUTO COVERAGE FORM MOTOR CARRIER COVERAGE FORM With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless modified by this endorsement. This endorsement identifies person(s) or organization(s) who are "insureds" for Covered Autos Liability Coverage under the Who Is An Insured provision of the Coverage Form. This endorsement does not alter coverage provided in the Coverage Form. This endorsement changes the policy effective on the inception date of the policy unless another date is indicated below. Named Insured: AON CORPORATION Endorsement Effective Date: 06/01/2025 SCHEDULE Name Of Person(s) Or Organization(s): ANY PERSON OR ORGANIZATION THAT YOU ARE REQUIRED BY WRITTEN CONTRACT TO NAME AS AN ADDITIONAL INSURED AS AN "INSURED" Information required to complete this Schedule, if not shown above, will be shown in the Declarations. Each person or organization shown in the Schedule is an "insured" for Covered Autos Liability Coverage, but only to the extent that person or organization qualifies as an "insured" under the Who Is An Insured provision contained in Paragraph A.I. of Section II - Covered Autos Liability Coverage in the Business Auto and Motor Carrier Coverage Farms and Paragraph D.2. of Section I - Covered Autos Coverages of the Auto Dealers Coverage Form. - -- - . Farm No: CA 20 48 10 13 Policy No:BUA 4014103656 Endorsement Effective Date: Endorsement Expiration date: Policy Effective Date: 06/01/2026 Endorsement No: 19; Page: 1 of 1 Policy Page: 67 of 187 Underwriting Company- Continental Casualty Company, 151 N Franklin St, Chicago, IL 60606 ®Copyright Insurance Services Office, Inc., 2011 C/VA CNA PARAMOUNT Waiver of Transfer of Rights of Recovery Against Others to the insurer Endorsement This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART SCHEDULE Name Of Person Or Organization: ANY PERSON OR ORGANIZATION TO WHOM YOU ARE OBLIGATED BY VIRTUE OF CONTRACT OF AGREEMENT (Information required to complete this Schedule if not shown above will be shown in the Declarations) Under COMMERCIAL GENERAL LIABILITY CONDITIONS it is understood and agreed that the condition entitled Transfer Of Rights Of Recovery Against Others To Us is amended by the addition of the following: With respect to the person or organization shown in the Schedule above the Insurer waives any right of recovery the Insurer may have against such person or organization because of payments the Insurer makes for injury or damage arising out of the Named Insured's ongoing operations or your work included in the products.-complated operations hazard All other terms and conditions of the Policy remain unchanged This endorsement which forms a part of and is for attachment to the Policy issued by the designated Insurers takes effect on the effective date of said Policy at the hour stated in said Policy unless another effective date is shown below r and expires concurrently with said Policy CNA76008XX(10.18) Policy No: 4014103835 Page 1 of i Endorsement No: 23 CONTINENTAL CASUALTY COMPANY Effective Date: 06/01/2026 Insured Name:AON CORPORATION Copyright CNA All Rights Reserved Includes copyrighted material of Insurance Services Office Inc ankh Its permisslon CNA Business Auto Policy 'II THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following: AUTO DEALERS COVERAGE FORM BUSINESS AUTO COVERAGE FORM MOTOR CARRIER COVERAGE FORM With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless modified by the endorsement. This endorsement changes the policy effective on the inception date of the policy unless another date is indicated below. Named Insured: AON CORPORATION Endorsement Effective Date: 06/01/2024 SCHEDULE Name(s) Of Person(s) Or Organization(s): ANY PERSON OR ORGANIZATION TO WHOM YOU ARE OBLIGATED BY VIRTUE OF CONTRACT OF AGREEMENT. Information required to complete this Schedule, if not shown above, will be shown in the Declarations. The Transfer Of Rights Of Recovery Against Others To Us condition does not apply to the person(s) or organizations) shown in the Schedule, but only to the extent that subrogation is waived prior to the "accident" or the "loss" under a contract with that person or organization. Form No: CA 04 44 10 13 Policy No: BUA 4014103656 Endorsement Effective Date: Endorsement Expiration Date: Policy Effective Date: 06/01/2026 Endorsement No: ; Page: 1 of 1 Policy Page: of Underwriting Company: Continental Casualty Company, 151 N Franklin St, Chicago, IL 60606 Copyright Insurance Services Office, Inc., 2011 Workers Compensation And Employers Liability Insurance CNA11 ' I_Eu i#IY� e.7i a`' We have the right to recover our payments from anyone liable for an injury covered by this policy. We will not enforce our right against the person or organization named in the 'Schedule. This agreement applies only to the extent that you perform work under a written contract that requires you to obtain this agreement from us. This agreement shall not operate directly or indirectly to benefit anyone not named in the Schedule. Any person or organization for which the employer has agreed by written contract, executed prior to loss, may execute a waiver of subrogation. However, for purposes of work performed by the employer in Missouri, this waiver of subrogation does not apply to any construction group of classifications as designated by the waiver of right to recover from others (subrogation) rule in our manual. Schedule Any Person or Organization on whose behalf you are required to obtain this waiver of our right to recover from under a written contract or agreement. The premium charge for the endorsement is reflected in the Schedule of Operations. All other terms and conditions of the policy remain unchanged. This endorsement, which forms a part of and is for attachment to the policy issued by the designated Insurers, takes effect on the Policy Effective Date of said policy at the hour stated in said policy, unless another effective date (the Endorsement Effective Date) is shown below, and expires concurrently with said policy unless another expiration date is shown below. Form No: WC 00 03 13 (04-1984) Policy No:WC 4 14100059 Policy Endorsement Effective Date: Endorsement Expiration Date: Effective Date: 06/01/2026 Endorsement No: ; Page: 1 of 1 Policy Page: of Underwriting Company: American Casualty Company of Reading, Pennsylvania, 151 N Franklin 5t, Chicago, IL 60606 Copyright 1983 National Council on Compensation Insurance. CNAWorkers Compensation And Employers Liability Insurance 1 I This endorsement applies only to the insurance provided by the policy because Texas is shown in Item 3.A. of the Information Page. We have the right to recover our payments from anyone liable for an injury covered by this policy. We will not enforce our right against the person or organization named in the Schedule, but this waiver applies only with respect to bodily injury arising out of the operations described in the Schedule where you are required by a written contract to obtain this waiver from us. This endorsement shall not operate directly or indirectly to benefit anyone not named in the Schedule. The premium for this endorsement is shown in the Schedule. Schedule 1. ❑ Specific Waiver Name of person or organization X❑ Blanket Waiver Any person or organization for whom the Named Insured has agreed by written contract to furnish this waiver. 2. Operations: All Texas Operations 3. Premium: The premium charge for this endorsement shall be 2% percent of the premium developed on payroll in connection with work performed for the above person(s) or organization(s) arising out of the operations described. 4. Advance Premium: Refer to Schedule of Operations All other terms and conditions of the policy remain unchanged. This endorsement, which forms a part of and is for attachment to the policy issued by the designated Insurers, takes effect on the Policy Effective Date of said policy at the hour stated in said policy, unless another effective date (the Endorsement Effective Date) is shown below, and expires concurrently with said policy unless another expiration date is shown below. Form No: WC 42 03 04 R (06-2014) Policy No:WC 4 14100059 Policy Endorsement Effective Date: Endorsement Expiration Date: Effective Date: 06/01/2025 Policy Endorsement No: ; Page: 1 of 1 Page: of Underwriting Company: American Casualty Company of Reading, Pennsylvania, 151 N Franklin St, Chicago, IL 60606 ® Copyright 2014 National Council on Compensation Insurance, Inc. All Rights Reserved. CNAWorkers Compensation And Employers Liability Insurance I �I This endorsement changes the policy to which it is attached. It is agreed that Part One - Workers' Compensation Insurance G. Recovery From Others and Part Two - Employers' Liability Insurance H. Recovery From Others are amended by adding the following: We will not enforce our right to recover against persons or organizations. (This agreement applies only to the extent that you perform work under a written contract that requires you to obtain this agreement from us.) PREMIUM CHARGE - Refer to the Schedule of Operations The charge will be an amount to which you and we agree that is a percentage of the total standard premium for California exposure. The amount is 2%. All other terms and conditions of the policy remain unchanged. This endorsement, which forms a part of and is for attachment to the policy issued by the designated Insurers, takes effect on the Policy Effective Date of said policy at the hour stated in said policy, unless another effective date (the Endorsement Effective Date) is shown below, and expires concurrently with said policy unless another expiration date is shown below. Form No: G-19160-B 0 1-1997) Policy No:WC 4 14100014 Policy Endorsement Effective Date: Endorsement Expiration Date: Effective Date: 06/01/2025 Endorsement No: Page: 1 of 1 Policy Page: of Underwriting Company: American Casualty Company of Reading, Pennsylvania, 151 N Franklin 5t, Chicago, IL 60606 Copyright CNA All Rights Reserved.