AXA (EPA:CS) - AXA's Board of Directors proposes the renewal of Thomas Buberl's term as Chief Executive Officer

Transparency directive : regulatory news

02/08/2021 07:16

Press release

Paris, August 2, 2021

AXA's Board of Directors proposes the renewal of Thomas Buberl's term as Chief
                                 Executive Officer

Based on the recommendation of its Compensation and Governance Committee, AXA's
Board of Directors decided to propose the renewal of Thomas Buberl's mandate as
a member of AXA's Board of Directors and Group Chief Executive Officer. The
renewal of his mandate as a director, for a period of 4 years, will be proposed
to AXA's shareholders at their next Annual General Meeting in April 2022.

Denis Duverne, Chairman of the Board of Directors, said: "The profound
transformation of AXA led by Thomas Buberl and all the teams has enabled the
Group to face an unprecedented health and economic crisis, to be very well
positioned to respond to the new challenges of the insurance industry and to
accelerate its development by relying on its great solidity, as shown by the
recent excellent half-year results."

"Fully confident in the Group's future, the Board of Directors has unanimously
decided, as proposed by the Compensation and Governance Committee chaired by
Jean-Pierre Clamadieu, to confirm Thomas Buberl's renewal as Chief Executive
Officer. The Board counts on him to successfully implement its strategic plan
"Driving Progress 2023", to seize growth opportunities that will enable AXA to
respond to the evolving needs of clients and society, and to pursue the Group's
transformation over the longer term."

Thomas Buberl, Chief Executive Officer of AXA, commented: "I would like to
thank the Board of Directors for the confidence it has placed in me. The
decision to propose the renewal of my mandate as Chief Executive Officer of AXA
is a tribute to the hard work and commitment of all the Group's employees and
confirms the relevance of the strategic choices we have made over the past few
years to prepare AXA for the new challenges ahead. On apersonal level, I feel
proud of what we have achieved together and am grateful to have the opportunity
to continue leading this unique company over the coming years and to write a
new page in its journey."

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with
153,000 employees serving 105 million clients in 54 countries. In 2020, IFRS
revenues amounted to Euro 96.7 billion and underlying earnings to Euro 4.3
billion. AXA had Euro 1,032 billion in assets under management as of December
31, 2020.

The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under the
ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme's Finance Initiative
(UNEP FI) Principles for Sustainable Insurance and a signatory of the UN
Principles for Responsible Investment.

This press release and the regulated information made public by AXA pursuant to
article L. 451-1-2 of the French Monetary and Financial Code and articles 222-1
et seq. of the Autorité des marchés financiers' General Regulation are
available on the AXA Group website (axa.com).

THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE axa.com

FOR MORE INFORMATION:
Investor Relations:     +33.1.40.75.48.42
Andrew Wallace-Barnett: +33.1.40.75.46.85
François Boissin:       +33.1.40.75.39.82
Aayush Poddar:          +33.1.40.75.59.17
Mikaël Malaganne:       +33.1.40.75.73.07
Mathias Schvallinger:   +33.1.40.75.39.20
Shuqi Ye:               +33.1.40.75.58.44

Individual Shareholder Relations:
                        +33.1.40.75.48.43

Media Relations:        +33.1.40.75.46.74
Julien Parot:           +33.1.40.75.59.80
Farah El Mamoune:       +33.1.40.75.46.68
Jonathan Deslandes:     +33.1.40.75.97.24

Corporate Responsibility strategy:
axa.com/en/about-us/strategy-commitments

SRI ratings:
axa.com/en/investor/sri-ratings-ethical-indexes

AXA's latest news

16/05/2024 18:00

AXA (EPA:CS) - AXA's Board of Directors proposes the renewal of Thomas Buberl's term as Chief Executive Officer

Transparency directive : regulatory news

AXA's latest news

Other stories