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AXA Group


AXA is present in varied markets, with operations concentrated in Western Europe, North America and Asia Pacific. Both the Group's stepped up international expansion since the 1990s and its listing on the New York Stock Exchange have contributed significantly to the implementation of corporate governance standards. Implementing sound corporate governance principles has been a priority at AXA for many years.
 
In 1997, AXA adopted its current form of corporate governance, consisting of a Supervisory Board and a Management Board. AXA and its principal subsidiaries have boards of directors, audit committees and independent board members. Their intend of internal control is to avoid and handle the risks relating to AXA's financial protection and wealth management activities and to make sure that accounting and financial information precisely reflect AXA's activities and condition.
 
AXA Chief Executive Officer Henri de Castries said that their Life and Savings and Asset Management activities experienced exceptional growth in the first quarter of 2006, supported by a constructive equity market environment and the vitality of their local operations. Their Property and Casualty revenues growth demonstrated a good momentum in France, the UK and Asia as well as good resilience in a competitive pricing environment.
 
The strong start, collectively with several continuing initiatives on new product launches, quality of service improvements and distribution reinforcements, makes them convinced for the year 2006. The AXA Group Sustainable Development Department coordinates AXA Responsible Corporation program. It centralizes the relationship between the AXA Group and social rating agencies, specialized analysts and socially responsible investors.
 
AXA has ambitions towards its principal stake holders, customers, shareholders, employees, suppliers, the community and the environment. Formalized in 2003, these promises reveal the spirit of responsibility that directs the way AXA does business. They have selected a demanding business. If they do it right, then they facilitate their clients to be life confident because they feel at ease, sheltered and supported as they take on important projects at various stages in their lives. Their dream of the business is what directs their daily work. It imitates the social and human aspects of Financial Protection, whose importance to people has never been greater.

AXA is working toward the shared ambition of attaining leadership in their core Financial Protection business, through the quality of their products and services as well as through superior performance.

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