Results of the AXA Group employee share offering in 2016

On August 26, 2016 AXA announced the launch of its 2016 employee share offering (SharePlan 2016), a capital increase reserved to its employees worldwide. Over 28,000 employees in 36 countries, representing over 24% of the eligible employees, subscribed to SharePlan 2016.

The aggregate proceeds from the offering amount to over Euro 430 million, for a total of over 24 million newly-issued shares1, subscribed at a price of Euro 15.53 for the classic plan and Euro 17.73 for the leveraged plan. The new shares are created with full rights as of January 1st, 2016. This offering increases the total number of outstanding AXA shares which amounts to 2,448,766,155 on December 2, 2016.Following SharePlan 2016, AXA’s employees hold 5.81% of the share capital and 7.28% of the voting rights.

(1) In order to eliminate the dilutive effect of the Shareplan 2016 offering and as announced in its press release published on September 15, 2016, AXA will undertake a cancellation of its shares in the next few days in accordance with its share repurchase program as authorized by the Shareholders’ Meeting of April 27, 2016.