Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 82

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 82
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 the full cost of COBRA premiums for one year (based on 2024 rates) along with an estimated tax gross-up of 30%.

(4) We have disclosed Mr. Draper's base pay as of December 31, 2024 and separation bonus converted to USD at an exchange rate of 1.2681 USD per GBP for the fiscal year ended December 31, 2024.

| AXIS 2025 Proxy Statement |     | 83 |

| Executive Compensation |

#### CEO Pay Ratio
As required by Section 953(b) of the Dodd-Frank Act and Item 402(u) of Regulation S-K (“Item 402(u)”), the Company is providing the following reasonable estimate of the ratio of the median of the annual total compensation of all of our employees (except Vince Tizzio, our President and CEO), to the annual total compensation of Mr. Tizzio, calculated in a manner consistent with Item 402(u).

For 2024, our last completed fiscal year:

• The median of the annual total compensation of all of our employees, excluding Mr. Tizzio, was $154,806.

• The annual total compensation of our CEO, Mr. Tizzio, was $7,921,826.

• Based on this information, the ratio of the annual total compensation of our CEO to the median of the annual total compensation of all of our employees except our CEO was 51:1.

We determined that, as of December 31, 2024, our employee population consisted of 1,875 individuals (excluding the CEO). To identify our “median employee” from this employee population, we obtained from our internal compensation system total base pay amounts for 2024 for each employee in our global employee population. We believe this consistently applied compensation measure reasonably reflects annual compensation across our employee base. Base pay amounts for employees paid in currencies other than U.S. dollars were converted to U.S. dollars based on the foreign exchange rates as of December 31, 2024. We annualized the base pay amounts for any permanent employees in the employee population who were employed by us for less than the full fiscal year. We then ranked the resulting base pay amounts for all of the employees in the employee population other than Mr. Tizzio to determine our median employee. Once we identified our median employee, we combined all of the elements of such employee’s compensation for 2024 in accordance with the requirements of Item 402(c)(2)(x) of Regulation S-K