Axa Sa · EURONEXT:CS
Axa Sa — Morgan Stanley European Financials Conference 2023
8 slides from Axa Sa's conference presentation, Mar 15, 2023
Slide 1: AXA at Morgan Stanley European Financials Conference 2023
AXA Morgan Stanley European Financials Conference 2023 Frédéric de Courtois, Group Deputy CEO London, March 15, 2023 GIE_AXA_Confidential
Slide 2: Important legal information and cautionary statements
IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS AND THE USE OF NON-GAAP FINANCIAL MEASURES Certain stateme nts contained he re in may be f orward-look ing state me nts including, b ut not l imited to, state ments that are predictions of or indicate future
Slide 3: Simple and focused business model
Simple and focused business model Global leader in Leading positions Commercial Lines insurance in Western Europe and Japan Strong position in large commercial Strong domestic market positions #1 Global P&C Commercial lines1 Across Western Europe, Japan and leading Alternative Asset manager Leading
Slide 4: Full Year 2022: The Group is in strong shape
Full Year 2022 | The Group is in strong shape €7.3bn +12% 14.5% Group UE Group UEPS ROE +4% vs. FY21 vs. FY21 FY22 NEW 215%1 €5.5bn Euro 1.1 billion Solvency II ratio Cash remittance share buyback -1pt vs. FY21 in 2022 in 20232 Change at constant FX for underlying earnings and on reported basis for
Slide 5: Strength of business model tested in a difficult environment; Confident outlook
Strength of business model tested in a difficult environment; Confident outlook In Euro billion Gross revenues Underlying earnings per share +2% +12% 100 102 3.08€ 2.75€ +6% vs 2021 from business prioritized for growth incl. P&C Insurance, Health & Protection, 87 L&S Capital Light, Asset Management
Slide 6: Driving value for shareholders
Driving value for shareholders Dividend per share Share buy-back in EUR in EUR billion 1.701 1.5 1.54 SBB to offset 0.5 70% dilution [55%] Discretionary 1.12 Total 1.0 SBB Payout ratio3 2021 2022 2022 2023 6% 2% Dividend Yield + Share buy-back Yield 1 Dividend per share of €1.70 that will be propose
Slide 7: Q&A
Q&A GIE_AXA_Confidential
Slide 8: Scope
Scope ▪ France: includes insurance activities, banking activities and holdings in France. ▪ Europe: includes Switze rland (insurance activities), Ge rmany (insurance activitie s and holdings), Belgium (insurance activ ities and holdings), United Kingdom and Ireland (insurance activities and holdings
AXA — Morgan Stanley European Financials Conference 2023 on 6ix