Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 53

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 53
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 |            |                 |     |   $831,349 |                                           |     | $1,077,695 |                           |     |    $65,611 |       |     | $2,557,981 |
| 2023                                   |     |      |     | $508,232 |        |       — |            |          |   |   $440,024 |                 |     |   $638,165 |                                           |     |    $57,118 |                           |     | $1,643,539 |       |     |            |

(1) For Mr. Tizzio, this represents a one-time payment upon hire in January 2022 to replace bonus forfeited from his prior employer.

(2) Represents the aggregate grant date fair value of the RSU and PSU awards granted in fiscal year 2024, calculated in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718, using the assumptions discussed in Note 17 — “Share Based Compensation” of our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The final value of the PSUs granted in fiscal year 2024 will be determined subject to achievement under the rTSR measure and Adjusted DBVPS measure. The rTSR portion of the award reflects the fair value on the date of grant of the PSUs awarded, determined by using the Monte Carlo simulation: $71.65 per share for awards granted on January 30, 2024. The actual value may be more or less depending on the Company’s TSR performance during the applicable performance periods. For RSU awards and the portion of the PSU award that is based on Adjusted DBVPS measure, the fair value is the same as the closing stock price on the grant date. PSUs subject to market conditions and a service period requirement as defined under Topic 718, have no maximum grant date fair values that differ from the fair values presented in the table. Assuming the highest level of performance is achieved, the aggregate payout value of the 2024 PSU awards would be: Mr. Tizzio –$5,073,214; Mr. Vogt - $1,537,293; Mr. Phillips – $878,348; Mr. Brooks – $878,348; and Mr. Draper - $702,740.

| 64 |     | AXIS 2025 Proxy Statement |

| Executive Compensation |