Axis Capital Holdings Limited · NYSE:AXS
Axis Capital — Shareholder Meeting (May 2025)
20 slides from Axis Capital's shareholder meeting presentation, May 5, 2025
Slide 1: Shareholder Outreach Spring 2025
Shareholder Outreach Spring 2025
Slide 2: Safe Harbor Statement
Safe Harbor Statement 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical f
Slide 3: Overview & Financial Highlights
Overview & Financial Highlights
Slide 4: AXIS At a Glance
AXIS At a Glance 4 Our strategic focus is on Specialty products: Risk transfer that requires dedicated, tailored underwriting expertise delivered through differentiated distribution channels and customer profiles 73 27 % Insurance Reinsurance Annualized Operating ROACE2 19.2% Total capital3 $7.2 bil
Slide 5: New chapter in our journey to become the leading Specialty underwriter
5 New chapter in our journey to become the leading Specialty underwriter Ambitious and clear strategy supported by four strategic pillars Rebalanced portfolio focused on core strengths in Specialty underwriting Improved ways of operating and going to market, enabled by organization-wide "How We Work
Slide 6: Bold aspiration and clear strategy
Bold aspiration and clear strategy 6 We operate in attractive markets, make decisive choices on where and how to compete, and nimbly allocate resources We manage our capital efficiently We invest in building strong capabilities in underwriting, claims, and operations We are rigorously improving how
Slide 7: Executive Compensation: Focus on Pay for Performance
Executive Compensation: Focus on Pay for Performance
Slide 8: Aligning Executive Compensation and Performance
Aligning Executive Compensation and Performance 8 Our executive compensation program is designed to link pay to performance, requiring our leadership team to deliver on specific annual and long-term performance goals Pay Element Objectives / Description S h o rt -T e rm Base Salary • Fixed component
Slide 9: CEO Compensation
CEO Compensation 9 Our executive compensation program ties a significant portion of our CEO’s compensation to the financial, operational and stock price performance of our Company and is designed to promote rigorous accountability for creating long-term shareholder value Reflects current employment
Slide 10: Strong Compensation & Governance Practices
Strong Compensation & Governance Practices 10 C o m p e n s a ti o n P ra c ti c e s ✓ Set robust goals, ensuring adequate stretch goals within our risk framework ✓ Link performance metrics to strategy to support shareholder value ✓ Provide appropriate mix of fixed and variable pay to reward Company
Slide 11: Corporate Governance
Corporate Governance ae AXIS Specialty Solutions, Elevated
Slide 12: Highly Qualified Board Provides Effective Oversight
12 Highly Qualified Board Provides Effective Oversight Vincent Tizzio President and CEO, AXIS Capital W. Marston Becker Chair of the Board of AXIS Capital and Former Chair, QBE Insurance Charles A. Davis CEO, Stone Point Capital Anne Melissa Dowling Former Director of Insurance, State of Illinois El
Slide 13: Exemplary Culture & Corporate Citizenship
Exemplary Culture & Corporate Citizenship
Slide 14: Corporate Citizenship at AXIS
14 Corporate Citizenship at AXIS Increasing awareness and action on mental health and well- being • Supporting the mental health and well-being of our teammates has long been a priority for AXIS. In 2024, we launched a variety of initiatives to support our teammates' mental health including an emplo
Slide 15: We Ask for Your Support at Our 2025 Annual Meeting
15 We Ask for Your Support at Our 2025 Annual Meeting FOR All Director Nominees FOR Advisory Vote on Executive Compensation FOR Ratification of Auditor
Slide 16: Appendix
Appendix 16
Slide 17: Non-GAAP Financial Measures Reconciliation (Unaudited)
17 Non-GAAP Financial Measures Reconciliation (Unaudited) Operating Income and Operating Return on Average Common Equity For the Three Months Ended March 31, 2025 and 2024
Slide 18: Rationale for the Use of Non-GAAP Financial Measures
18 Rationale for the Use of Non-GAAP Financial Measures We present our results of operations in a way we believe will be meaningful and useful to investors, analysts, rating agencies and others who use our financial information to evaluate our performance. Some of the measurements we use are conside
Slide 19: Rationale for the Use of Non-GAAP Financial Measures
19 Rationale for the Use of Non-GAAP Financial Measures Certain users of our financial statements evaluate performance exclusive of after-tax net investment gains (losses), foreign exchange losses (gains), reorganization expenses, interest in income (loss) of equity method investments and Bermuda ne
Slide 20: Investor Inquiries
axiscapital.com axiscapital.com investorrelations@axiscapital.com Investor Inquiries 20
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