Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 9

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 9
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 responsibilities:

| •provides independent leadership for the Board of Directors;                                                                                                                                   
 •sets the agenda for meetings, presides over executive sessions of the non-management directors; and                                                                                           
 •enables other directors to raise issues and concerns for consideration by the Board of Directors without immediately involving the President and Chief Executive Officer or other management. |

#### The Board of Directors’ Role in Risk Oversight
The Board of Directors of the Company, together with the Audit Committee, the Compensation Committee, and the Nominating/Corporate Governance Committee of the Board of Directors of the Company, as well as the five Bank Board of Directors’ risk committees (Asset/Liability, Audit, Credit, Compliance and Independent Credit Review, and Technology), and any ad hoc or other committee, coordinate with each other to provide enterprise-wide oversight of our management and risk management efforts.

These committees report regularly to the Board of Directors on risk-related matters and provide the Board of Directors with insight about our management of strategic, credit, interest rate, financial reporting, technology, liquidity, compliance, operational, and reputational risks, cybersecurity, data privacy and compensation. In addition, at meetings of the Board of Directors and its committees, directors receive regular updates and reports from management regarding risk management practices, including credit quality, financial reporting, internal controls, compliance, legal matters, asset liability and liquidity management, among others. Furthermore, current risk management issues are discussed regularly with the Board of Directors and its committees.

The Enterprise Risk Management (“ERM”) program, led by certain officers of the Company, including Mr. Garrabrants, our President and Chief Executive Officer, with oversight from the Board of Directors, identifies and evaluates key business risks within the financial, operational, regulatory and strategic arenas to develop risk monitoring processes and response strategies to transfer, avoid, reduce or accept individual risks as appropriate. The ERM program assists management in determining appropriate risk tolerance levels which balance risk mitigation with opportunities to create stockholder value. ERM program leaders make regular reports to the Board regarding the ERM program’s risk identification, management and mitigation strategy recommendations.

| Board Committees of the Company            |     | Bank Board of Directors’ Risk Committees            |
| •Audit Committee                           
 •Compensation Committee                    
 •Nominating/Corporate Governance Committee |     | •Asset/Liability Committee                          
 •Audit Committee                                    
 •Credit Committee                                   
 •Compliance and Independent Credit Review Committee 
 •Technology Committee                               |

| 18 |

#### Corporate Governance
| The Committees provide the Board of Directors with insight about our management of key