AUB Group Limited Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2023

8 INVESTMENT IN ASSOCIATES (CONTINUED) iii) The Group’s investment in associates ownership at balance date is as follows:

2023 %

2022 %

Australian Broking Adroit Specialty Risks Pty Limited Austbrokers ABS Aviation Pty Ltd AEI Insurance Group Pty Ltd*

34.0 50.0 65.0 50.0 50.0 95.0 50.0 50.0 50.0 47.5 52.5 50.0 50.0 50.0 50.0 49.0 57.0 50.0 49.9 25.0 50.0 42.7 10.4 50.0 50.0 50.0 –

34.0 50.0 40.0 50.0 50.0 50.0 50.0 50.0 50.0 50.0 47.5 52.5 50.0 50.0 40.0 49.0 53.4 50.0 49.9 25.0 50.0 42.7 – 50.0 50.0 50.0 49.0 50.0 50.0 26.2 75.0 49.9 50.0 50.0 – 50.0 –

Austbrokers Dalby Insurance Brokers Pty Ltd

Austbrokers Kelly Partners Pty Ltd

Austbrokers RIS Pty Ltd* Austbrokers SPT Pty Ltd

Austral Insurance Brokers Pty Ltd Bluestone Insurance Pty Ltd Brett Grant and Associates Pty Ltd

Broker Claims Pty Ltd

Countrywide Insurance Holdings Pty Ltd**

Cruden & Read Pty Ltd Finzane Group Pty Ltd

Global Assured Finance Pty Ltd JMD Ross Insurance Brokers Pty Ltd

KJ Risk Group Pty Ltd

Lea Insurance Brokers Pty Ltd/Lea Group Trust**

Markey Group Pty Ltd

MGA Management Services Pty Ltd National Rural Insurance Group Pty Ltd

Nexus Advisernet (Aust) Pty Ltd

Oxley Insurance Brokers Pty Ltd/Port Macquarie Insurance Brokers Unit Trust

Pace Insurance Pty Ltd/Pace Insurance Group Unit Trust***

Peter L Brown & Associates Pty Ltd

Rework Pty Ltd

Rivers Insurance Brokers Pty Ltd

SRG Group Pty Ltd Supabrook Pty Ltd

–

50.0 48.8

The Procare Group Pty Ltd

Western United Financial Services Pty Ltd

–

YDR Pty Ltd

50.0

Agencies Anchorage Marine Underwriting Agency Pty Ltd

26.2

Longitude Insurance Pty Ltd*

100.0

Millennium Underwriting Agencies Pty Ltd

–

Sura Hiller Marine Pty Ltd

50.0 50.0 50.0 50.0

Sura Professional Risks Pty Ltd Sura Technology Risks Pty Ltd Tasman Underwriting Pty Ltd

–

50.0

* The Group obtained control of the entity during the period as a result of further shares obtained. ** Whilst the Group holds more than 50% interest in the entity, the Group’s voting rights are capped at 50%, hence it was determined that the Group maintains significant influence and does not have control of the entity. *** Whilst the Group’s look through interest in the entity is less than 20%, the Group controls an entity which has significant influence over the entity.

AUB GROUP ANNUAL REPORT 2023

98