Resolutions submitted to AXA’s Shareholders’ Meeting of April 24, 2019
AXA announces the publication in the Bulletin des annonces légales obligatoires of the resolutions to be proposed by its Board of Directors to the next Shareholders’ Meeting to be held on April 24, 2019 at 2:30 pm at the Palais des Congrès in Paris (75017).
In addition to an increase of the dividend (to €1.34*), shareholders will notably be asked to approve the following resolutions:
- Re-appointment of Mr.Jean-Pierre Clamadieu as director, and
- Ratification of the appointment of Mrs. Elaine Sarsynski as director, following her cooptation by the Board of Directors in May 2018.
Following the decision of Mr. Jean-Martin Folz, a director for 12 years and senior independent director since December 2016, not to stand for reappointment, the Board of Directors decided not to replace him as director. Subject to the shareholders’ approval of the two above mentioned appointments, the number of directors will be reduced from 16 to 15.
In line with its position on the importance of the role of the senior independent director, the Board decided to appoint Mr. Jean-Pierre Clamadieu as Chairman of the Compensation & Governance Committee and senior independent director. Subject to his renewal, Mr. Jean-Pierre Clamadieu, a member of AXA’s Board of Directors since 2012, would be appointed with effect from April 24, 2019 for the duration of his mandate.
On behalf of the Board of Directors of AXA, I would like to address our warmest thanks to Jean-Martin Folz for his contribution to the work of the Supervisory Board and the Board of Directors for the past 12 years. His experience, his strategic vision and his contribution, as Chairman of the Compensation & Governance Committee since April 2013 and senior independent director since December 2016, have been instrumental to the evolution of our governance and to AXA’s development.
I am delighted that the Board has decided to appoint Jean-Pierre Clamadieu to replace him as Chairman of the Compensation & Governance Committee and senior independent director. His experience, his knowledge of the Group and his strong involvement in the Board’s work, and more specifically the work of the Compensation & Governance Committee, of which he has been a member since April 2015, will most certainly enable him to take on these new positions.