Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 39

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 39
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 2023, 60% of which is in the form of PSUs based on absolute TSR CAGR and 40% of which is in the form of RSUs.

| 50 |     | AXIS 2025 Proxy Statement |

| Compensation Discussion and Analysis |

#### Base Salary
Salaries are the most basic form of compensation and are integral to any employment arrangement. A primary consideration in determining base salaries is to remain competitive. We also seek to balance a logical salary structure within the Company globally reflecting the market demands for executive talent. A competitive salary allows us to attract and retain key staff.

Placement of our NEOs within a salary range is based on the market data for each NEO's position, the executive’s expertise, scope of role, geographic location and the Committee’s determination of competitiveness and appropriate levels based on the CEO’s recommendations (other than with respect to his own salary).

| Name                |     | 2023 Base Salary |     |            | 2024 Base Salary |     |            | 2025 Base Salary |     |            |
| Vincent Tizzio(1)   |     |                  |     | $1,000,000 |                  |     | $1,050,000 |                  |     | $1,100,000 |
| Peter Vogt(2)       |     |                  |     |   $700,000 |                  |     |   $700,000 |                  |     |   $700,000 |
| David Phillips      |     |                  |     |   $625,000 |                  |     |   $625,000 |                  |     |   $625,000 |
| Conrad Brooks(2)    |     |                  |     |   $550,000 |                  |     |   $625,000 |                  |     |   $625,000 |
| Daniel Draper(2)(3) |     |                  |     |   $531,804 |                  |     |   $583,326 |                  |     |   $627,710 |

(1) Upon appointment to President and CEO in May 2023, Mr. Tizzio's base salary was increased to $1,000,000 and was further increased to $1,050,000 effective January 2024 and $1,100,000 effective January 2025. 2023 base salary represents his annual base salary in effect as of December 31, 2023.

(2) The table above represents base salaries