Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 90

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 90
---
     | 89 |

| 2024 Director Compensation |

#### Directors Annual Compensation Program
Our director compensation philosophy is to appropriately compensate our non-management directors for the time, expertise, and effort required to serve as a director of an international specialty underwriting company and to properly align the interests of our directors and long-term shareholders. Our director compensation program is reviewed annually by our independent compensation consultant, FW Cook, against our compensation benchmarking peer group. Although this competitive review is conducted annually, it is our practice to make changes to director pay periodically so that they can remain competitive for a longer period of time.

Pursuant to our Directors Annual Compensation Program, our directors were compensated in the form of annual retainers for Board and committee service plus additional retainers for service as non-employee Chair of the Board. Directors employed by the Company do not receive compensation for their service. Each of the directors were required to receive $150,000 of their annual Board retainer in AXIS common shares. The directors had the option to receive the remaining $100,000 of their Board retainer and all of their retainers for committee service in AXIS common shares by notifying the Company of their elections prior to January 2, 2024. The number of common shares issued was based upon the closing fair market value of the Company’s common shares on the tenth trading day in January 2024, in accordance with the Directors Annual Compensation Program.

Our directors received an annual retainer of $250,000 for Board service during fiscal year 2024. In addition, our directors received the following annual retainers for committee service during 2024:

| Committee Member                                                     |     | Annual Retainer |     |         |
| Audit Committee                                                      |     |                 |     | $15,000 |
| Human Capital and Compensation Committee                             |     |                 |     | $10,000 |
| Corporate Governance, Nominating and Social Responsibility Committee |     |                 |     | $10,000 |
| Finance Committee                                                    |     |                 |     | $10,000 |
| Risk Committee                                                       |     |                 |     | $10,000 |

Committee chairs received the following additional annual cash retainers:

| Committee Chair                                                      |     | Annual Retainer |     |         |
| Audit Committee                                                      |     |                 |     | $35,000 |
| Human Capital and Compensation Committee                             |     |                 |     | $15,000 |
| Corporate Governance, Nominating and Social Responsibility Committee |     |                 |     |