AXA Shareholders' Meeting
April 30 2009 - 1:03PM
PR Newswire (US)
Approval of All Resolutions Submitted to a Vote of Shareholders
PARIS, April 30 /PRNewswire-FirstCall/ -- During AXA's Annual
Shareholders' Meeting convened today, all resolutions submitted to
a vote(1) were approved by the shareholders, including: -- The
appointment of Mr. Ramon de Oliveira as member of the AXA
Supervisory Board, replacing Mr. Henri Lachmann whose term of
office expired. Mr de Oliveira has been managing partner of Logan
Pass Partners, LLC (investment & consulting services) since
2001, after having been a member of the executive committee of JP
Morgan and chairman of JP Morgan Asset Management. He was also
adjunct professor of finance at the Columbia University between
2002 and 2006. -- The payment of a Euro 0.40 dividend per share to
be paid on May 12, 2009 (ex-dividend date: May 7, 2009). AXA will
therefore pay its shareholders an aggregate amount equal to
approximately Euro 836 million, i.e. 25% of 2008 adjusted earnings,
reflecting the balance between prudent capital management -- the
key to the company's long-term development -- and the Group's
long-term payout policy (40-50% of adjusted earnings). About AXA
AXA Group is a worldwide leader in Financial Protection. AXA's
operations are diverse geographically, with major operations in
Europe, North America and the Asia/Pacific area. For full year
2008, IFRS revenues amounted to Euro 91.2 billion and IFRS
underlying earnings to Euro 4.0 billion. AXA had Euro 981 billion
in assets under management as of December 31, 2008. The AXA
ordinary share is listed on compartment A of Euronext Paris under
the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP -
Reuters: AXAF.PA). The American Depository Share is also listed on
the NYSE under the ticker symbol AXA. This press release is
available on the AXA Group website: http://www.axa.com/. IMPORTANT
LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING
FORWARD-LOOKING STATEMENTS Certain statements contained herein are
forward-looking statements including, but not limited to,
statements that are predications of or indicate future events,
trends, plans or objectives. Undue reliance should not be placed on
such statements because, by their nature, they are subject to known
and unknown risks and uncertainties. Please refer to AXA's Annual
Report on Form 20-F and AXA's Document de Reference for the year
ended December 31, 2008, for a description of certain important
factors, risks and uncertainties that may affect AXA's business. In
particular, please refer to the section "Special Note Regarding
Forward-Looking Statements" in AXA's Annual Report on Form 20-F.
AXA undertakes no obligation to publicly update or revise any of
these forward-looking statements, whether to reflect new
information, future events or circumstances or otherwise. (1) The
Management Board decided not to submit the 23rd resolution to a
vote of shareholders ("Delegation of authority to the Management
Board in order to increase the share capital of the Company by
issuing preferred shares, with suppression of the shareholders'
preferential subscription rights in favor of AXA Assurances IARD
Mutuelle and AXA Assurances Vie Mutuelle"). This decision was taken
as the resolution could have been misunderstood as giving an unfair
preferential treatment to the Mutuelles AXA. DATASOURCE: AXA Group
CONTACT: AXA Group media relations, Emmanuel Touzeau,
+33-1-40-75-46-74, or Laurent Secheret, +33-1-40-75-48-17, or
Armelle Vercken, +33-1-40-75-46-42, or Chris Winans,
+1-212-314-5519, or AXA Group investor relations, Etienne
Bouas-Laurent, +33-1-40-75-46-85, or Paul-Antoine Cristofari,
+33-1-40-75-73-60, or Sylvie Gleises, +33-1-40-75-49-05, or George
Guerrero, +1-212-314-2868 Web Site: http://www.axa.com/
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