1

CorporatePresentation

AXA Belgium

Last update 05 2018

2

1. AXA Group at a glance P. 03

2. AXA Belgium P. 16

3. A responsible company P. 22

Contents

3

AXA Groupat a glance

4

5

Our businessThrough an expertise in all our insurance business lines and asset management, we act as a partner to our clients to provide the right products at the right time.

6

A global leader in insurance and asset management

6 |

€98.5BN

Revenues€6.0BN

Underlyingearnings

€69.6BN

Shareholders’equity

205%

Solvency II ratio

Based in 64 countries

165,000 employees

Serving 107 million customers

14.5%

Adjusted return on equity

7

Property & Casualty Insurance

8

Life Insurance & Savings

9

Health Insurance

10

A global leader in insurance and asset management

11

AXA, partnering with its customers

12

The #1 global insurance brand worldwide since 2011

12 |

Interbrand best global brands 2017 rankings

+5%11,073m USD

13

Ambition 2020The objective of Ambition 2020 strategic plan is to accelerate our transformation and continue on our growth track in a challenging economic environment

14

“Focus” and “Transform”

15

Financial targets

16

AXA BelgiumAccompanying you in every moment of your life

17

AXA, partnering with its customers

17 |

PROPERTY & CASUALTYMotor, Property, Legal

Protection, Liability, Workers’ Compensation

LIFEPension, Protection & Health

19.4%market share 8.4%

market share

1 millionprivate vehicles insured

0.8 millionhomes protected

30 billions €assets managed

0.7 millionpersons insured in group insurance

18

AXA Belgium at a glance

3,200

2.9millioncustomers

3,500employees brokers

bank agents

600

19

2017 results

1.094

2016

+0,4%

1.098

2017

357359

-0,6%

20172016

Operating result (€m)

1.098 1.180

20172016

+7,5%

KEY FIGURES (€m)

Discontinued activities

4%

P&CRetail

33%

Pension, Protection & Health

36%

DISTRIBUTION OF ACTIVITES (% of GWP*)

P&C Corporate

27%

GWP* P&C RetailGWP* Pension,

Protection & Health

891891

2017

+0,0%

2016

GWP* P&C Corporate

*GWP = Gross Written Premiums

20

21

Management Committee AXA Belgium

VAN IN JefChief Executive Officer

MARTIN SergeHead of Life

WUIAME Sabine Chief Risk Officer

UYTTERHOEVEN GunterChief Marketing Officer

SLITS StéphaneCEO AXA Holdings Belgium

JANS ElsChief HR Officer

COUROUBLE PhilippeHead of P&C Corporate

D’ANIELLO GiovanniChief Information Officer

MUGNIER ChristopheChief Financial Officer

DUPONT CélineChief Transformation Officer

LECOMTE FrançoisHead of Retail

22

A responsible company

Empower people to live a better life

23

VolunteeringPrevention

As a company whose business is to empower people to live a better life, we have a responsibility to help build a stronger and safer society.

Corporate Responsibility is an integral part of AXA’s business strategy and an essential driver of employee engagement, customers trust and brand image.

Focus on Risk Research & Risk Education on 4 core topics

Corporate Responsibility @ AXA in Belgium

Climate change

Contributing to the transition to

a low carbon economy

Helping our customers

reduce their risks by our

health prevention

actions

Data for good

Protecting our customers’

data. Sharing our data for the

common good

Promoting volunteering

thanks to AXA Hearts in Action

24

AXA is taking responsibility for the direct and indirect impact of their activities on 6 groups of stakeholders

24

Employeesengagement

Well-Being

Diversity and Inclusion

Product development(CR products)

Clients education to prevent risks

Reduced impact on the environment (waste, emissions, water, etc.)

Environmentalawareness promotion

Green investments

Volunteering throughAXA Hearts in Action

Competence-basedvolunteering : specificto AXA

Long-term viability through sound and transparent corporate governance & a culture of business ethics

Responsible investment(ESG criteria)

Transparency and ethics in supplier selection

Responsible and sustainable suppliers

25

AXA Hearts in Action offers all employees the opportunity to act for a social cause through volunteering.

Some key figures for 2017

43% volunteering employees

3289 volunteers/ voluntary actions

7760volunteering

hours

1 national coordinator &

18 correspondents

How do we volunteer?• Giving time• Competency-based volunteering

• Fundraising/donation• Social team building

20 non-profit associations

supported

AXA Hearts in Action: our corporate volunteering program

26

Some concrete examples of our actions

AXA organizes the CR week in alllocations in Belgium with more

than 40 prevention andvolunteering events.

AXA is a proud partner of the 1400Belgian coastguards who are

true risk prevention ambassadors.Last year they have rescued 355

people and re-united 866 childrenwith their parents.

Corporate Responsibility Week

Belgian coastguards

2

27

Some concrete examples of our actions

AXA is a national partner ofGoodPlanet and wants to motivate

its employees to contribute to a‘good planet’ by reducing

significantly our CO2 emissions.

AXA is a national partner of the Cardiology Foundation and of

the Chevaliers du Coeur. AXAencourages its employees to learn

how to use a defibrillator andprovide first aid.

GoodPlanet

Cardiology Foundation

28

Some concrete examples of our actions

During the Christmas exchangebreakfasts, AXA’s employees receive

a breakfast in return for a in-kind or cash donation to associations.

Christmas exchange breakfast

ToekomstATELIERSdel’Avenir

AXA is a founding partner of Ateliersde l'Avenir who is teaching children

from disadvantaged backgroundson Saturday. The volunteers of AXA

Hearts in Action organize classes onfinancial topics through

competency-based volunteering.

29

Some concrete examples of our actions

AXA supports "Relay for Life“,an initiative of the Cancer

Foundation. This event allows to raiseawareness about the fight against

cancer and raise funds. In 2017, morethan 400 AXA employees participated.

AXA Hearts in Action volunteerssupport Special Olympics

athletes to perform their sport. Wealso raise awareness on prevention

and climate change througheducation games.

Relay For Life

Special Olympics

30

Some concrete examples of our actions

16 projects supported in Belgium, with € 5.8 million committed

AXA supports innovative andcutting-edge projects with its

AXA Research Fund.

This initiative is dedicated to boostingscientific discoveries that contribute

to societal progress.

AXA Research Fund

AXA supports outstanding researchers to accelerateand share knowledge on global societal challenges

related to

Life & Health

Data & Technology

Climate & Environment

Economics & Insurance

3 million euro donated to AXA longevity chair in neurosciences at ULB

1 million euro donated to professor Carmeliet for cancer research at the KUL/VIB

31

DisabilityAbility rather than disability

More info about D&I @ AXA in Belgium

Agile WorkingTo work around your life rather than to live around your work

Multi generations4 generations working together

Sexual Orientation“I can be me”

GenderTo get more women into senior management to obtain a balanced leadership

Cultural, Ethnical & Social diversity

We at AXA want to achieve our ambition of becoming the most inclusive company in the financial services and an employer of choice”.

Diversity & Inclusion @ AXA

32

33

Thank you