Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 88

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 88
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 comparison to the peer group and the performance scale applicable for that PSU grant. 2024 PSU awards that are based on Adjusted DBVPS assumed a payout above target in 2024, as compared to the grant date fair value calculations which assumed a payout at target. Adjustments reported in columns above have been made using the changes in such fair values between the dates described in each header as the case may be.

(2) Represents the dividends accrued each year for outstanding equity awards.

#### Pay Versus Performance Relationship
The following comparisons illustrate the relationships between the amounts included in the Pay Versus Performance Table for each year from 2020 through 2024, including: (a) a comparison between our cumulative total shareholder return and the total shareholder return of the S&P Property & Casualty Composite Index; and (b) comparisons between (i) the compensation actually paid to the CEO, the former CEO and the average compensation actually paid to our Other NEOs and (ii) each of the performance measures set forth in columns (h), (i), (j) and (k) of the "Pay Versus Performance Table". In addition the table below lists our most important performance measures used to link CAP for our CEO, the former CEO and Other NEOs to Company performance for the fiscal year ending December 31, 2024.

| Most Important Performance Measures |     |                                 |
| OROACE                              |     | Combined Ratio                  |
| TSR                                 |     | Return on Risk Adjusted Capital |
| Adjusted DBVPS                      |     |                                 |

| AXIS 2025 Proxy Statement |     | 87 |

| Executive Compensation |

| 88 |     | AXIS 2025 Proxy Statement |

| 2024 Director Compensation |

#### Non-Management Directors
The table below sets forth information regarding compensation earned by our non-management directors in 2024.

| Name                 |     | Fees Earned        
 or Paid in Cash(1) |   |          | Stock     
 Awards(2) |     |          |     |   | All Other    
 Compensation | Total |     |          |
| W. Marston Becker    |     |                    |   | $121,562 |           |     | $249,968 |     | — |              |       |     | $371,530 |
| Charles Davis        |     |                    | — |          |           |     | $269,939 |     | — |              |       |     | $269,939 |
| Anne Melissa Dow