Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 36

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 36
---
 the design of the Company's executive compensation program.                                                                                               |     | The Committeecontinued to evaluatethe Company's compensation design and performance metrics under its incentive plan to ensure alignment with the Company's strategic objectives.                                                                                                                                                                                                                                                                     |
| Board Structure               |     | Discuss rationale for the classified board structure.                                                                                                                           |     | The Board and the Corporate Governance, Nominating and Social Responsibility Committee discussed the feedback provided from shareholders on the Company's classified Board structure and engaged in arobust discussionon the appropriate board structure for the Company and its shareholders. The Committee will continue to consider the matter on an annual basis. See "Proposal 1: Election of Directors – Board Structure" for more information. |
| Corporate Citizenship Matters |     | Continue to provide comprehensive disclosure on corporate citizenship programs, including how the Company evaluates risks and opportunities relating to sustainability matters. |     | Wecontinue to provide disclosuresaligned with Task Force on Climate-Related Financial Disclosure and the Sustainability Accounting Standards Board.                                                                                                                                                                                                                                                                                                   |

We value the feedback we receive from our shareholders. The feedback provided continues to help inform our compensation, human capital, governance, and citizenship programs, and it has positively enhanced our disclosures.

#### Strong Link Between Pay and Performance
The success of our initiatives will depend on the talents of our executive team to embrace excellence, drive innovation and lead our teammates. Our Human Capital and Compensation Committee is focused on maintaining a pay for performance orientation, while ensuring that executives are aligned with shareholders and the Company’s long-term goals. As such, the Human Capital and Compensation Committee continues to retain the right to assess for positive or negative discretion.

The below charts illustrate the target mix of pay for our CEO and other current NEOs for the 2024 performance year:

<div align='center'>CEO Target Mix of Pay (1)

Current NEO Average Target Mix of Pay (1)</div>

(1) The charts illustrate the target mix of pay for our current CEO and other NEOs for the 2024 performance year.

| 46 |     | AXIS 2025 Proxy Statement |

| Compensation Discussion and Analysis |

#### 2024 Pay and Performance – CEO Compensation
Our executive compensation program ties a significant portion of our CEO's compensation to the financial, operational, and stock price performance of our Company.

• Annual Incentive: The independent directors of the Board and the Committee awarded the CEO an annual incentive payment pursuant to the prescribed CEO formula based on Company performance and individual performance for the year. The Committee and Board applied the CEO bonus formula utilizing the O