Transaction Details

Footnotes

On November 19, 2025, AXIS Capital Holdings Limited (the "Company" or "AXS") entered into a stock repurchase agreement with T-VIII PubOpps LP ("T8"), pursuant to which T8 agreed to sell 2,404,133 shares of AXS Common Stock to the Company for an aggregate price of approximately $238 million for a purchase price per share equal to $98.90. | These shares of AXS Common Stock are held by T-VIII PubOpps LP ("T8"). The GP of T8 is T-VIII PubOpps GP LLC ("T8 GP"). The managing member of T8 GP is Trident VIII, L.P. The general partner of Trident VIII, L.P. is Trident Capital VIII, L.P. A limited liability company solely owned by Mr. Davis, a director of AXS, is one of the five general partners of Trident Capital VIII, L.P. Mr. Davis is also co-chief executive officer and a member of Stone Point Capital LLC, which serves as the investment manager of T8. Mr. Davis disclaims beneficial ownership of shares of AXS Common Stock that are held by T8 except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that Mr. Davis is the beneficial owner of such shares of AXS Common Stock.