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"A duty to disclose to our institutional and socially-responsible investors"

Institutional Investors

The investor relations department is in daily contact with institutional investors, financial analysts and representatives of rating agencies. It ensures a steady and comprehensive flow of information on all events that impact AXA's operations and performance, and its team is always available to field questions.

AXA executives and the investor relations team devote considerable time and resources to interactive encounters with the investment community.

Twice a year, AXA holds meetings in Paris and London to present interim and annual earnings.

Following these earnings announcements, AXA representatives meet with institutional investors in the world's major financial marketplaces to share views on earnings and talk about Group strategy. In 2006, more than 400 of these daylong road shows were held in some 40 cities around the world.

Socially-responsible investors

The Group's Sustainable Development department, working in conjunction with the Financial Communications Department, is responsible for disclosures to socially responsible investors.

AXA responds to questions from the principal international non-financial rating agencies, as well as to specific requests from socially-responsible investors.

The head of sustainable development organizes or takes part in public presentations on the subject.

Depending on the topic addressed, AXA experts in insurance, the environment, anti money-laundering measures, responsible procurement, etc., may be asked to participate.

All relevant information is available on the corporate website (under Responsible Corporation).

Starting in 2003, AXA publishes an annual activity report and sustainable development report in which Group level commitments are discussed.

This report also provides the social and environmental information required by the French New Economic Regulations Act (NRE) of 2001.