# AON

## THE BERMUDA SHORTS FORM - 03 (02/22)

### RISK DETAILS / DECLARATIONS

**Item 1.**
- **a) Named Insured:** International Business Machines Corporation and as more fully set forth in the Followed Policy.
- **b) Address of Named Insured:** One New Orchard Road, Mail Drop 109, Armonk, NY 10504, U.S.A.

**Item 2.** **Policy Period:**
- From: May 21, 2024 at 12:01 am standard time at the address of the Named Insured.
- To: May 21, 2025 at 12:01 am standard time at the address of the Named Insured.

**Item 3.** **Retroactive Date:** N/A

**Item 4.**
- **a) Followed Policy Company:** ACE Property and Casualty Insurance Company
- **Policy Number:** XEU G27983212 009
- **Coverage:** Enhanced Lead Umbrella - Occurrence
- **Binder Dated:** 15 May, 2024
- **Policy Period:**
  - From: May 21, 2024
  - To: May 21, 2025
- **Limits of Liability:** USD 15,000,000
- **b) Underlying Policy(ies):** As per Endorsement No. 1 Schedule of Excess Policy(ies) Section 1 - Schedule of Underlying Policy(ies)
- **c) Quota-Share Policy(ies):** As per Endorsement No. 1 Schedule of Excess Policy(ies) Section II – Schedule of Quota-Share Policy(ies)

**Item 5.** **Limit of Liability: (Insuring Agreements 2):**
- **a) USD 75,000,000 each Occurrence, Claim or Loss**
- **b) USD 75,000,000 Aggregate (where applicable)**

**Item 6.** **Underlying Limits: (Insuring Agreements 2):**
- **a) USD 225,000,000 each Occurrence, Claim or Loss**
- **b) USD 225,000,000 Aggregate (where applicable)**

AON (Bermuda) Ltd.
Point House, 6 Front Street
Hamilton HM 11, Bermuda

BSF 03 - Ed 02/22
Declarations
Page 1 of 3
05/20/2024