AXA announces with profound sadness the death of Stefan Lippe, AXA Director and Chairman of the Audit Committee

It is with profound sadness that AXA announces the death of Stefan Lippe, AXA Director since 2012 and former Chief Executive Officer of the Swiss Re Group.

A recognized figure in the insurance world, Stefan Lippe devoted 30 years of his career to the Swiss Re Group, where he was Chief Executive Officer from 2009 to 2012. He then co-founded Acqupart Holding AG, where he was Vice Chairman of the Board of Directors, and Acqufin AG. He also co-founded Paperless Inc., now yes.com AG, where he was Chairman of the Board of Directors. He was also Chairman of the Board of Directors of CelsiusPro AG. He became an AXA Director in 2012 and Chairman of the AXA Audit Committee in 2013.

Stefan Lippe was a courteous and warm man. His fellow Board members and the AXA employees who had the privilege of knowing him will always remember his smile and rigor as a mathematician. On behalf of the Board of Directors and the Management Committee of AXA, Denis Duverne and Thomas Buberl express their gratitude and their great appreciation for his many instrumental and decisive contributions to the Group during his 8 years on the Board. They extend their deepest condolences to his family.