AXA_Logo_Solid_RGB MAGAZINE ABOUT US INSIGHTS PRESS INVESTORS CAREERS EN FR ABOUT US Governance overview Corporate Governance & Governance structure. Corporate Governance Principles of governance Implementing sound corporate governance principles has been a priority at AXA for many years. In this context, AXA chose to adopt, in 2008, the Corporate Governance Code for French corporations (Code de gouvernement d'entreprise des sociétés cotées) published by the Afep (Association française des entreprises privées) and the Medef (Mouvement des entreprises de France) (the "Afep-Medef Code"). AXA has taken steps designed to harmonize corporate governance standards throughout the Group. This effort is focused, among other matters, on standardizing, to the extent practicable, principles relating to various corporate governance matters including board composition and size, directors' independence criteria, board committees and their roles, and directors' fees. Group Governance Standards require, among other things, the boards of AXA's principal subsidiaries to establish an audit committee. Internal control procedures In order to manage these risks, the Group has put in place a comprehensive system of internal controls designed to ensure that executives are informed of significant risks on a timely and continuing basis, have the necessary information and tools to appropriately analyse and manage these risks, and that the Group’s financial statements and other market disclosures are timely and accurate. More information in the 2020 Annual Report. Governance structure Since April 2010, AXA has operated with a unitary Board of Directors. On May 10, 2021, the Board of Directors was comprised of 17 members among which 11 were qualified as independent by the Board of Directors in accordance with the criteria set forth in the Afep-Medef Code. The Board of Directors determines the strategic orientations of the Company and ensures their implementation, including regarding the environmental, social and governance matters. The Board of Directors appointed on April 24, 2019, Mr. Jean-Pierre Clamadieu as Senior Independent Director. He has a number of specific powers including serving, if need be, as spokesperson for the independent directors towards the Chairman of the Board of Directors. The Board of Directors benefits from the work of three specialized Committees that review specific matters: the Audit Committee, the Finance Committee, the Compensation & Governance Committee. A Management Committee and a Partners group also support the operational management of the Group. Find out more BYLAWS PDF 285.7 KB BOARD'S TERMS OF REFERENCE PDF 264.5 KB CORPORATE GOVERNANCE CODE OF REFERENCE PDF 640.6 KB 2020 INTEGRATED REPORT MORE ON AXA.COM 2020 ANNUAL REPORT MORE ON AXA.COM COMPENSATION OF CORPORATE OFFICERS MORE ON AXA.COM MEMBERS OF THE BOARD OF DIRECTORS MORE ON AXA.COM TRANSACTIONS ON SHARES MORE ON AXA.COM DIRECT ACCESS Contact us Subscribe to email alerts Regulated information DATA PROTECTION Cookie Policy Cookie Management Privacy Policy FOLLOW US ENGLISH / FRANÇAIS Legal information and terms of use © 2021 AXA All Rights Reserved Cookie AXA and its 7 third party providers use cookies/tracers for the following purposes: audience measurement, to compile statistics based on the use of our website, social media sharing, to share content on social networks or platforms present on our sites, functionalities management, to provide enhanced functionality and personalization on our website. You are free to accept or refuse these cookies/tracers. We will retain your choice for 6 months. You can change your mind at any time by clicking on the "Personalize my choices" link. LIST OF THE THIRD PARTIES AND COOKIE POLICY PERSONALIZE MY CHOICES REJECT ALL ACCEPT ALL