Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 35

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 35
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 as illustrated below. Our shareholder outreach discussions focused on corporate governance, corporate citizenship, and executive compensation, in addition to financial performance and strategic initiatives.

| March – May                                                                                                                                                        
 •Conducted spring shareholder outreach in advance of our 2024 annual general meeting.                                                                              
 •Contacted shareholders representing approximately 69%of our outstanding shares and met with shareholders representing approximately 9% of our outstanding shares. 
 •Discussed proposals in the proxy statement, along with compensation, governance, and corporate citizenship matters.                                               |     | June – August                                                                                                                                                                            
 •Considered spring shareholder feedback as part of our review of potential changes to compensation, governance and citizenship programs and enhanced disclosures.                        |
| Sept. – Nov.                                                                                                                                                       
 •Conducted fall shareholder outreach.                                                                                                                              
 •Contacted shareholders representing 66% of our outstanding sharesand held meetings with shareholders representing approximately 29% of our outstanding shares.    
 •Solicited feedback on topics including our executive severance plan, pay for performance philosophy, governance, and sustainability matters.                      |     | Dec. – Feb.                                                                                                                                                                              
 •Considered fall shareholder feedback as part of the review of compensation, governance and citizenship programs, enhanced disclosures and implemented changes to compensation programs. |

Feedback from the shareholder meetings on executive compensation was positive overall and provided the Company with an opportunity to keep an open line of communication with our shareholders and solicit feedback on the new initiatives implemented in 2024.

Our 2024 Say on Pay vote received support from 96% of the votes cast, a marked increase from 78% the year prior. Our Board remains committed to understanding shareholder sentiment and building on last year's positive outcome. In our fall 2024 shareholder outreach, with the support of our Board, we engaged with our shareholders to seek their input on our corporate governance, sustainability practices, corporate citizenship strategy, and executive compensation program. These engagement discussions provide ample opportunity for our Board and management to better understand and thoughtfully consider our shareholders’ key issues and concerns. Through these discussions, we learned that shareholders are broadly supportive of the improvements made to our executive compensation program and believe our program has strong pay versus performance alignment.

| AXIS 2025 Proxy Statement |     | 45 |

| Compensation Discussion and Analysis |

With that, the table below summarizes the common themes discussed in our 2024 engagement conversations and our actions taken in response.

|                               |     | What We Heard                                                                                                                                                                   |     | What We Did                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Executive Compensation        |     | Broadly supportive of