AXA has a dual corporate governance structure consisting of a Management Board and a Supervisory Board.
This governance structure is designed to clearly separate the powers and responsibilities of management from those of supervision.
The Supervisory Board oversees the efficient operation of the Company and reports to shareholders. The Supervisory Board appoints the Chairman and members of the Management Board and supervises executive management.
AXA's Supervisory Board has established four Committees to review specific matters and report back to the Supervisory Board (the Audit Committee, the Finance Committee, the Selection, Ethics, Governance and Human Resources Committee and the Compensation Committee).
The general principles of AXA's executive compensation policy have been presented to the Compensation Committee of the Supervisory Board.
The Management Board is the company's decision-making body.