Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 33

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 33
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 compensation program as it relates to our named executive officers ("NEOs"). Our NEOs for 2024 are as follows:

| Name           |     | Title                                  |
| Vincent Tizzio |     | President and Chief Executive Officer  |
| Peter Vogt     |     | Chief Financial Officer                |
| David Phillips |     | Chief Investment Officer               |
| Conrad Brooks  |     | Chief Administrative and Legal Officer |
| Daniel Draper  |     | Chief Underwriting Officer             |

#### Executive Summary

#### Business Performance
AXIS delivered excellent performance in 2024, generating strong results across all key indices for four quarters in a row and advancing our strategy to elevate AXIS as a specialty underwriting leader. Highlights included record gross premiums written and strong underwriting results, which together with record investment income, resulted in record operating earnings per share for the year. AXIS also remained committed to creating value for our shareholders, returning $350 million to common shareholders, including share repurchases of $200 million and dividends of $150 million.

Vincent Tizzio was appointed as our President and Chief Executive Officer on May 4, 2023, and the graphs below show the progress made under his leadership as measured by the total shareholder return ("TSR") since his appointment, and for the 2024 calendar year. The TSR metric calculates the value of an investment in AXIS common stock on May 4, 2023 assuming the reinvestment of dividends paid.

<div align='center'>TSR Performance Reflects Company Transformation under Mr. Tizzio's Leadership</div>

TSR from May 4, 2023 - December 31, 2024

| S&P 500 |     | S&P 500   
 P&C Index |

| AXIS 2025 Proxy Statement |     | 43 |

| Compensation Discussion and Analysis |

### Financial Results
The Human Capital and Compensation Committee (also referred to as the "Committee" in the Compensation Discussion & Analysis and Executive Compensation sections) use several financial metrics to evaluate compensation. OROACE is the financial metric used for determining cash incentive awards under our Annual Incentive Plan. Relative TSR ("rTSR") was the sole financial metric used for determining the PSU payouts after the three-year performance period for awards granted for 2022 - 2023. Commencing in 2024, the PSU awards include an additional metric of Adjusted DBVPS. TSR CAGR is the performance metric under the PSUs granted to our Chief Executive Officer in connection with his