AXIS Announces Retirements of Chief People Officer Noreen McMullan and AXIS Wholesale CEO Carlton Maner

AppointsLisaPariottobecomefutureChiefPeopleOfficer

PEMBROKE, Bermuda, Oct 18, 2023 - AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE: AXS) today announced that two of its tenured leaders, Chief People Officer Noreen McMullan and AXIS Wholesale CEO Carlton Maner, have decided to retire.

Ms. McMullan will be succeeded by Lisa Pariot who will become Chief People Officer on January 1, 2024. Following the transition, Ms. McMullan will continue with AXIS through March 31, 2024, serving as a strategic advisor to the Company. Ms. Pariot has served as a member of the HR leadership team for eight years, most recently acting as Head of People Programs and Rewards.

Mr. Maner will retire at the end of this year and, in the months ahead, will work in partnership with Head of North America Mike McKenna to ensure a smooth transition.

"Today we are announcing the retirement of two widely respected and highly valued leaders within the AXIS organization, individuals who have contributed so much to our firm as well as the broader industry," said Vince Tizzio, President and CEO of

AXIS Capital. "We express our profound appreciation and gratitude to Noreen and Carlton for their exceptional leadership and contributions to AXIS, our people, and the larger profession. We are also very pleased to announce the promotion of Lisa Pariot, a talented leader who will only further grow our efforts to build a best-in- class HR function."

Added Mr. Tizzio, "During her nearly ten-year tenure leading human resources at AXIS, Noreen has transformed and modernized the function while directly aligning our culture and talent management strategy with our business strategy. A trusted leader and partner, she guided the introduction of best practice approaches that have been integral in building a positive workplace environment and employer brand that makes AXIS stand apart in the industry."

"A trailblazer within AXIS and the broader insurance profession, Carlton played a foundational role in launching and growing AXIS, and building our US Wholesale and E&S insurance business from the ground up. In addition to his contributions to AXIS, Carlton is a recognized leader within our industry and an impassioned

advocate for improving diversity, equity, and inclusion within the profession, and in promoting careers in insurance to young professionals," said Mr. Tizzio.

AboutAXISCapital

AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $5.0 billion at June 30, 2023, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website atwww.axiscapital.com.

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