Half Year 2015 Earnings - Strong Performance in line with Ambition AXA

• Underlying Earnings up 12% on a reported basis, benefitting from a positive Forex impact
• Underlying Earnings per share up 11% and Adjusted Earnings per share up 12%

On a comparable basis (at constant Forex):

• Total Revenues up 2% to Euro 55 billion
• Underlying Earnings up 2% to Euro 3.1 billion
• Adjusted Earnings up 3% to Euro 3.5 billion
• Net Income down 7% to Euro 3.1 billion