Axis Capital grants $3.5M special equity award to CEO Vincent Tizzio

AXIS CAPITAL HOLDINGS LTD

Award split 60% performance-based PSUs and 40% time-based RSUs; grant date fair value $3.5M.
PSU vesting tied to TSR CAGR over 2026–2028: 0% below 5%, 50% at 5%, 100% at 12%, 200% at 19%.
Cited record 2025 financial results and 33.15% TSR CAGR since May 2023 vs. S&P 500 CAGR of 23.38%.
Approved by Human Capital and Compensation Committee after peer compensation analysis.

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