Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 22

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 22
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 of, a provision of the Code of Business Conduct that applies to our President and Chief Executive Officer, our Chief Financial Officer, or our Global Corporate Controller. In addition, waivers of the Code of Business Conduct for our directors and executive officers may be made only by our Board or the Corporate Governance, Nominating, and Social Responsibility Committee and will be promptly disclosed to shareholders on our website in accordance with the listing standards of the NYSE. All directors, officers, and teammates are required to certify their compliance with our Code of Business Conduct and Corporate Governance Guidelines annually.

#### Corporate Citizenship & Sustainability
Our Corporate Citizenship program identifies, assesses, and manages on an ongoing basis the environmental, social, and governance ("ESG") factors that are relevant to our long-term financial performance. In 2024, we continued our transparency and accountability on corporate citizenship matters. AXIS published its annual Task Force on Climate-Related Financial Disclosures and Sustainable Accounting Standards Board report. In addition, we continued to publish our annual disclosures as signatories of the United Nations Global Compact and the Principles for Sustainable Insurance, both of which were adopted in 2020. In 2024, we also completed a double materiality assessment as part of the European Union's Corporate Sustainability Reporting Directive ("CSRD"). We continue to prepare for the implementation of CSRD as well as monitor our reporting obligations under the CSRD.

Our Corporate Citizenship program is designed to address two strategic pillars: planet (which includes topics such as environmental sustainability and climate) and people (which addresses topics such as mental health and inclusion). Further, AXIS continues to use our philanthropy and voice to advance these strategic pillars.

Select initiatives in each of these areas are discussed below.

| Our Planet                                                                                                                                                                                              
 We acknowledge that climate-related risks are among the most serious issues facing the world today. We continue to take action across our business, operations, and advocacy to address this challenge. |

Example 2024 highlights include:

• Underwriting. In 2024, AXIS launched its Energy Transition Syndicate 2050 ("S.2050"). S.2050 brings together cross-class expertise to provide holistic, specialty risk solutions for activities and assets associated with replacing or displacing fossil fuels with lower-carbon alternatives during the energy transition phase. As part of this work, we published and promoted new research to help uncover what is helping and hindering the energy sector in the shift towards net zero: from climate change and economic volatility, to securing investment, insurance, and governmental support for the expansion of renewable technology.

• GH