Results of the AXA Group employee share offering in 2021

On August 23, 2021 AXA announced the launch of its 2021 employee share offering (Shareplan 2021), a capital increase reserved to its employees worldwide.

Approximately 21,000 employees in 36 countries, representing nearly 19% of the eligible employees, subscribed to Shareplan 2021.

The aggregate proceeds from the offering amount to nearly Euro 293 million, for a total of approximately 14 million newly-issued shares, subscribed at a price of Euro 18.86 for the classic plan and Euro 21.98 for the leveraged plan. The new shares are created with full rights as of January 1st, 2021. This offering increases the total number of outstanding AXA shares which amounts to 2,432,985,381 on November 26, 2021. In order to eliminate the dilutive effect of the Shareplan 2021 offering, AXA will undertake the cancellation of the shares issued in this context in the next few days*.

Following Shareplan 2021, AXA’s employees hold 4.16% of the share capital and 5.69% of the voting rights.

*As announced in its press release published on September 13, 2021 and in accordance with its share repurchase program as authorized by the Shareholders’ Meeting of April 29, 2021.