HUB Secures Minority Investment Valued At $29 Billion Valuation

HUB International Ltd [RIC:RIC:HBINT.UL]:

• HUB SECURES SIGNIFICANT MINORITY INVESTMENT AND REACHES NEW MILESTONE WITH $29 BILLION VALUATION

• HUB INTERNATIONAL LTD - SECURES $1.6 BILLION MINORITY INVESTMENT, VALUED AT $29 BILLION

• HUB INTERNATIONAL LTD - INVESTMENT LED BY T. ROWE PRICE, ALPHA WAVE, TEMASEK

• HUB INTERNATIONAL LTD - H&F RETAINS CONTROLLING INTEREST IN HUB

• HUB INTERNATIONAL LTD: ALTAS AND LGP WILL REMAIN SIGNIFICANT MINORITY SHAREHOLDERS AND WILL CONTINUE TO BE REPRESENTED ON HUB'S BOARD OF DIRECTORS