AXA Group

As of April 22, 2008, the Selection, Ethics, Governance and Human Resources Committee was comprised of 5 members: Jean-René Fourtou (Chairman), François Martineau, Gérard Mestrallet, Michel Pébereau et Ezra Suleiman. 

The Selection, Ethics, Governance and Human Resources Committee has the following principal missions:

• to formulate recommendations to the Supervisory Board on proposed appointments to the Supervisory Board or the Management Board, including their respective Chairmen and Vice-Chairmen, as well as on all appointments to the Supervisory Board's Committees, including their respective Chairmen;
• to make suggestions to the Supervisory Board regarding succession plans for Management Board members, and to be informed of the succession plans for the Group's other principal executive officers;
• to be notified of the appointments of AXA's principal executive officers, in particular members of the Executive Committee; and
• to be notified of AXA's strategy in terms of Human Resources management.

The Selection, Ethics, Governance and Human Resources Committee met three times in 2007. The global attendance rate was 83.33%. Within the framework of its principal missions such as described above the Committee notably focused on the following issues:

• composition of the Supervisory Board and its Committees;
• AXA Miles program (allotment of free shares to all employees of the Group);
• Executive Committee and main Group CEOs: changes and perspectives;
• equity plans 2007-2008;
• 2012 and Beyond;
• emerging countries staffing;
• 2007 Shareplan final results.

Early in 2007, the Committee reviewed the qualifications of the Supervisory Board candidates (MM. Jean-Martin Folz and Giuseppe Mussari) whose appointment was put to the vote of shareholders on May 14, 2007.

The Committee also examined the impact of the changes in the Supervisory Board members on the composition of its four special-purpose Committees.