2014 AXA Group Organization Charts

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AXA Group Simplified Organization charts

Please find hereafter the 2014 AXA Group simplified organization charts of the main companies in the Group (non exhaustive list).

For the purpose of clarity, the shareholding structure of certain companies may have been simplified.

Contents

Assistance (page 4) India (page 27) Assistance - Europe-Middle East- Africa (page 5) Indonesia (page 28) Assistance - America-Asia (page 6) Ireland (page 29) AXA Corporate Solutions Assurance (page 7) Italy (page 30) AXA Group Solutions (page 8) Japan (page 31) AXA Investment Managers - France-Switzerland-UK-Qatar (page 9) Luxembourg (page 32)

AXA Investment Managers - Europe (other countries) (page 10) Malaysia - The Philippines (page 33) AXA Investment Managers - America-Asia (page 11) Mexico (page 34) AXA Mediterranean Region (page 12) Middle East (page 35) AXA Millésimes (page 13) Morocco (page 36) AXA Real Estate Investment Managers (page 14) Poland (page 37) AXA Technology Services (page 15) Portugal (page 38) Belgium (page 16) Romania - (page 39) China - Hong Kong (page 17) Singapore (page 40) Colombia (page 18) Slovakia (page 41) Czech Republic (page 19) South Korea (page 42) France - Holding companies (page 20) Spain (page 43) France – Insurance, Bank and Financial companies (page 21) Sub-Saharian Africa (page 44) France - Reinsurance companies (global lines) (page 22) Switzerland (page 45) France-Europe-US - Reinsurance companies (page 23) Thailand (page 46) Germany - AXA Konzern AG (page 24) Turkey (page 47) Germany - ART Insurance companies (page 25) Ukraine (page 48) Hungary (page 26) UK - AXA UK (page 49) USA - AXA Financial, Inc. (page 50)

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Assistance

On June 12, 2014

AXA

100%

AXA Assistance SA

100% 100% 75% 100% 100%

AXA Assistance France AXA Assistance Maroc Inter Partner Assistance SA (a) AXA Travel Holding SA AXA Assistance France SA

Assurances SA (Morocco) (Belgium) (France)

100% 100% 11%

100% AXA Assistance JAIC Ltd AXA Travel Insurance TAI Transport Assistance SA UK Ltd (Ireland) Participations SA (Japan) Branches:

- Athens (Greece) - Lisbon (Portugal)

100%

- London (UK) AXA Assistance Travel

- Munich (Germany) Ltd (Ireland) 100% 92.8% - Paris (France) 60%

- Roma (Italy) 100%

- Prague (Czech Republic) AXA Assistance Services

- Dublin (Ireland) Europe Ltd

- Warshaw (Poland) ADHAP Performances WhiteConcierge Ltd Pluridis SA

- Barcelona (Spain) SAS (UK) (France)

- Geneva (Switzerland) 100% AXA Assistance Travel Europe Ltd

100% AXA Travel Insurance Ultd (Ireland)

AXA Assistance France SA

Mauritius Branch

(a) See also charts pages 5 and 6.

4/50

Assistance Europe-Middle East-Africa

On June 12, 2014

AXA

Inter Partner Assistance

(Belgium)

Inter Partner Assistance Algérie Spa (Algeria) 50%

100% Inter Partner Assistance Polska SA (Poland)

39% AXA Assistance Saude Call Us Assistance International Gmbh (Austria) 100% AXA Assistance Serviços SA (Portugal) 100% Portugal SA

Inter Partner Assistance Services SA (Belgium) 100% Inter Partner Asistencia Servicios Espaòa SA

100% 100% Auto Soluciones de Red SL (Spain)

AXA Assistance Ceska Republika s.r.o.

(Czech Republic) 100%

80% Hogar Soluciones 2012 SA (Spain)

AXA Assistance Deutschland Gmbh (Germany) 100%

IPA Y Ardim Ve Destek Hilmztleri Ticaret Ltd 100% (Turkey)

Inter Partner Assistance Services Gmbh

100% Inter Partner Assistance Global Services Ltd (Germany) 100% (Ireland)

AXA Assistance Services S.A. (Greece) 100% 51% AXA Assistance Ireland Ltd (Ireland)

AXA Assistance UK Ltd 100% AXA Assistance UK Ltd (UK) AXA Assistance Ocean Indien Ltd (branch in Dublin - Ireland) 100% (Mauritius) 100% Inter Partner Assistance RUS LLC (Russia)

AXA Customer Services Ltd (Mauritius) 50%

100% AXA Assistance Ukraine LLC (Ukraine) Institut de Formation et de Développement 100% AXA Assistance Maroc Services SA (Morocco) 100%

Professionnel d’AXA

Assistance – America-Asia

On June 12, 2014

AXA

Inter Partner Assistance

(Belgium)

AXA Assistance Argentine SA AXA Assistance Australia Pty Ltd 100% 100% (Argentina) (Australia)

Inter Partner Assistance Prestadora de

100% 90%

Serviços de Assistencia 24 Horas Ltda AXA Assistance Japan Ltd (Japan) (Brazil)

AXA Asistencia Colombia Inter Partner Assistance Hong-Kong Ltd AXA Assistance Beijing Ltd AXA Assistance Canada Inc (Canada) 100% 100% 100%

( Venezuela Branch) (a) (Hong Kong) (China)

100% AXA Asistencia Colombia

AXA Asistencia Chile SA (Chile) 100% AXA Assistance Beiging Ltd

( Ecuador Branch)

AXA Asistencia IPA SAS Inter Partner Assistance Taiwan Ltd Inter Partner Assistance 100% AXA Asistencia Colombia SA (Colombia) 66.30% 98.33% (Colombia) (Hong Kong) Taiwan Ltd (Taiwan Branch)

Inter Partner Assistance Singapore Pte Inter Partner Assistance 100% Ltd (Singapore) Branch in Malaysia AXA Assistance Mexico Sucursal AXA Assistance Mexico SA de CV

100% 100% Panama SA (Mexico)

Inter Partner Assistance 49% AXA Assistance Company Ltd (Thailand) 100% Company Ltd (Thailand) AXA Assistance Panama SA

(Panama) 100%

AXA Assistance USA Inc (USA) 100%

100% AXA Assistance India Pte Ltd (India)

100% 100%

AXA Assistance Florida Inc AXA Assistance USA

100% HAA Preferred Partners (USA) Holding Inc (USA)

(a) In run off.

6/50

AXA Corporate Solutions Assurance

On April 30, 2014

AXA

100%

AXA France Assurance

98.75%

AXA Corporate Solutions Assurance

(France)

100% 100% 100% 100%

AXA Matrix Risk Consultants AXA Corporate Solutions

AXA ART Asia Ltd AXA Corporate Solutions S.A. Services UK Ltd

(Hong Kong) Brazil Ltda (France) (UK)

100%

MATRIX AXA Corporate (USA) Solutions Assurance

Austria branch

AXA Corporate AXA Corporate AXA Corporate AXA Corporate AXA Corporate AXA Corporate AXA Corporate AXA Corporate Solutions Assurance Solutions Assurance Solutions Assurance Solutions Assurance Solutions Assurance Solutions Assurance Solutions Assurance Solutions Assurance

Australia branch German branch Hong Kong branch Italy branch Singapore branch Spain branch Switzerland branch UK branch

7/50

AXA Group Solutions

On January 1st, 2014

AXA

100%

GIE AXA AXA Technology Services SAS

AXA Group Solutions Group Solutions

(France)

(France) (France)

AXA Group Solutions Soluções Informaticás AEIE

79% 8% 13% 50% (a) (Portugal)

AXATechnologies Shared Services

AXA Group Solutions Spain, S.L. India Private Limited

(Spain) (India)

AXA Group Solutions AXA Group Solutions AXA Group Solutions AXA Group Solutions

German branch Portugal branch Switzerland branch UK branch

(a) 50% are held by AXA MedLa IT & Local Support Services S.A.U.

AXA Investment Managers – France-Switzerland-UK-Qatar

On January 1st, 2014

AXA

AXA Mutuals and others

AXA France IARD insurance and AXA Mediterranean Holding SA reinsurance companies 79% (Spain)

13.80%

4.90% 2.30%

AXA Investment Managers

100% 100% 100% 100% 100%

100% 100% 100% 100%

AXA AXA AXA AXA Asset AXA AXA Investment AXA AXA AXA Investment Framlington Investment Investment Management Investment Managers Investment Investment Managers Paris Group Ltd Managers Managers Ltd Managers GS IF Managers LLC Managers Ireland Ltd Limited Ltd Schweiz AG

(France)

(UK) (Ireland) (UK) (UK) (UK) (France) (Qatar) (Switzerland)

100% 33.3% 66.7%

AXA

Newgate One AXA Investment Ltd Investment Managers UK

Managers GS Holding (UK) Madrid

(UK)

(Spain)

100% 25%

AXA Newgate Two AXA

Framlington Ltd (a) Investment Investment Managers UK 100% Management Limited Ltd

(UK) (UK)

(UK)

75%

(a) Dormant since 2003.

9/50

AXA Investment Managers - Europe (other countries)

On January 1st, 2014

AXA

AXA Investment Managers

(France)

99.9% 92.5% 99.9% 99.9%

AXA IM Benelux AXA Investment AXA Investment AXA Funds Managers Managers Italia SIM Management S.A.

Deutschland GmbH S.p.A.

(a)

(Belgium) (Germany) (Italy) (Luxembourg)

AXA IM Benelux AXA Investment AXA Investment AXA Investment Managers Deutschland Managers Deutschland Managers Deutschland GmbH GmbH GmbH

Netherlands branch French branch Spanish branch Italian branch

(a) 7.5% of the company are held by AXA Assurances IARD Mutuelle.

10/50

AXA Investment Managers - America-Asia

On January 1st, 2014

AXA

AXA Investment Managers

(France)

39% 76.6% 100% 100% 100%

AXA SPDB AXA Investment Managers AXA Investment Managers AXA Investment Managers AXA Investment Managers Investments Managers Japan Ltd Holding US Inc Asia Limited Asia Holdings Private Limited Company Ltd (a)

(China) (Japan) (USA) (Hong-Kong) (Singapore)

50% 100%

49% 49%

KYOBO AXA Investment

AXA IM Rose Inc. Managers Co. Ltd. (c)

(USA) BOI AXA Investment BOI AXA Trustee Services (Korea) Managers Private Limited (b) Private Limited (b)

23.4%

(India) (India)

19.6% 100% 100%

AXA Rosenberg AXA IM Inc Group LLC

(USA) (USA)

80.4% 100% 100% 100% 100% 100%

AXA Rosenberg AXA Rosenberg AXA Rosenberg AXA Rosenberg BARR Rosenberg AXA Rosenberg Asia Pacific Holding Investment Management Investment Research Center Global Services LLC Management Ltd Ireland Ltd Management LLC LLC LLC

(USA) (UK) (Ireland) (USA) (USA) (USA)

100% 100%

AXA Rosenberg

Seal Nominees Hong AXA Investment

Investment AXA IM Asia Kong Ltd Management Asia

100% Management Asia Pacific (a) 61% of the company are held by SPDB & Co.

(Singapore)

Pacific Ltd Australian Branch (b) 51% of the company are held by BOI (Bank of India).

(Hong Kong) (Singapore) (Hong Kong)

(c) 50% of the company are held by Kyobo Life.

11/50

AXA Mediterranean Region

On June 2014

AXA

100%

AXA Mediterranean Holding, S.A.

(Spain)

48.98% 48.98% 99.99% 99.99% 99.89% 96% 50% 50%

AXA Assurance AXA Assurance AXA AXA Brasil Servicios AXA Insurance AXA Services AXA MPS AXA MPS Algérie Dommage Algérie Vie Développement de Consultoria de A.E. Egypt, S.A.E Assicurazioni VITA Assicurazioni Algérie Negocios, LTDA S.p.A. (b) Danni S.p.A. (b)

(Algeria) (Algeria) (Algeria) (Brazil) (Greece) (Egypt) (Italy) (Italy)

99.97% 18% 99.99% 99.99% 82.37% 99.99% 51%

AXA Seguros, S.A. de AXA Cooperative AXA Non Life AXA Life AXA Holding A.S. Voltaire AXA Colpatria CV (a) Insurance Insurance A.D.O. Insurance A.D.O. (c) Participacoes, S.A. Seguros Company (d) Generales, S.A. (e)

(Mexico) (Saudi Arabia) (Serbia) (Serbia) (Turkey) (Brazil) (Colombia)

AXA Mediterranean Holding,

(a) See also Mexico chart page 34. S.A.U. (b) See also Italy chart page 30. Italy Branch (c) See also Turkey chart page 47.

(d) See also Middle East chart page 35. (e) See also Colombia chart page 18.

12/50

AXA Millésimes

On January 2014

AXA

AXA Mutuals

42.34% (a) 57.66% (b)

AXA Millésimes

99.09% 99.81% 100% 99.97% 100% 100% 100% 49%

Quinta do Noval Quintoval Disznoko Tokal Domaine de Domaine de l’Arlot C.M.G.C. SARL Tour

AXA Millésimes Gestion SA SA ZRT l’Arlot

S.C.I. S.A.S. Pibran

(Portugal) (Portugal) (Hungary) SCE

99% Petit Village Petit Village 99.99% 1%

S.N.C.E. SCEA 51%

99% 100%

99% 100% Suduiraut Suduiraut 1%

S.N.C.E. S.A.S. Entrepôts du

Domaine de l’Arlot SAS Vins Guy Médoc S.C.E. Jeunemaltre S.N.C.

99% Pichon Longueville 1% Pichon Longueville 100% S.N.C.E. S.N.C.

Tour Pibran 99.99% S.C.I.

99% Belles Eaux Belle Hélène 99.99% 1% S.N.C.E. S.N.C.

(a) Directly and indirectly. (b) Directly.

13/50

AXA Real Estate Investment Managers

On January 1st, 2014

AXA

AXA Investment Managers

(France)

100%

AXA Real Estate Investment Managers

(France)

99.9% 100% 100% 99.9% 100% 100% 100% 100% 100% 100% 100% 100%

AXA Real AXA Real AXA Real AXA Real AXA AXA Real AXA Real AXA Real AXA Real AXA Real AXA Real AXA Real Estate Estate Estate Estate Immobilien Estate Estate Estate Estate Estate Estate Estate Investment Investment Investement Investment GmbH Investment Investment Investment Investment Investment Investment Investment Managers Managers Managers Managers Managers Managers Managers Managers Managers Managers Managers SGP Singapore Scandinavia France Asia Limited Central Italia Nederland BV Iberica Ltd Japan KK

Private Ltd AB Europe LLC

(France) (Singapore) (Sweden) (France) (Germany) (Hong Kong) (Hungary) (Italy) (Netherlands) (Spain) (UK) (Japan)

100% 100% 99.9% 100% 100% 100%

AXA Real AXA Real Colisée AXA

Estate Estate AXA REIM AXA Real Gérance Merkens Investment Investment SGR Estate Fonds Managers Managers S.p.A. Investment GmbH

Belgium US LLC Managers UK Ltd

(Belgium) (USA) (Italy) (UK) (France) (Germany)

14/50

AXA Technology Services

On June 30, 2014

GIE AXA Technology Services AXA France

(France)

Oudinot Participations

(France)

GIE AXA Technology Services 100% (a)

Belgium AXA America Holdings, Inc.

(Belgium) (USA)

100%

EEIG AXA Technology Services

AXA Technology Services SAS

Med Region

(Spain) (France) AXA Technology Services America Inc.

(USA)

20% 100% 79% 100% 100% 25%

AXA Technology AXA Technology AXA Technologies Shared AXA Technology AXA Technology AXA Technology Services Germany GmbH Services Asia-Hong Kong Services India Pvt Ltd (b) Services Switzerland Services UK PLC Services MedLA SA (c)

(Germany) (Hong Kong) (India) (Switzerland) (UK) (Spain)

100% 100% 100% 100% 100%

AXA Technology

AXA Technology Services AXA Technology AXA Technology Services AXA Technology Services Services Mexico SA de Singapore PTE Ltd Services Asia Indonesia Lausanne SA

CV

(Singapore) (Singapore) (Indonesia) (Switzerland) (Mexico)

AXA Technology Services SAS

Morocco branch

(a) Directly and indirectly.

(b) 13% are held by AXA Group Solutions (France) and 8% by AXA. See also AXA Group Solutions chart page 8. (c) 75% are held by AXA Mediterranean Holding, S.A. (Spain).

15/50

Belgium

On May 16, 2014

AXA

100%

AXA Holdings Belgium

3.07% 96.93% 100% 100%

AXA Private AXA Bank AXA Belgium Management Europe

100% 100% 100% 100% 100%

AXA Bank Europe SCF

Les Assurés Touring L’Ardenne (France) SERVIS

Réunis Assurances Prévoyante

AXA Bank Europe

(Hungary branch)

16/50

China - Hong Kong

On July 7, 2014

AXA

100% 100% 51%

AXA Versicherungen AG

Detura Limited (Switzerland) (British Virgin AXA ASIA SAS AXA China China Minmetals Corporation ICBC

IsIands) (France) (France)

51%

100% 12.5% 60%

100%

27.5% 100% Minus 30 shares 100% AXA Group Regional Business 49% Management AXA (Guangzhou) (Shanghai) Co., Ltd AXA China Region ICBC-AXA AXA Life AXA General AXA General Software Development & (China) 49% Limited Assurance Insurance Insurance Insurance China Services Company Ltd Company Limited Company Limited Hong Kong Ltd Limited

(China) (Bermuda)

100% (China) (Hong Kong) (Hong Kong) (Hong Kong)

100% 100% 100% 100% 100% 100% AXA Wealth Integrity Partnership Integrity Financial AXA Financial AXA China Region Management (HK) Limited Group Limited (a) Services Holdings Insurance Company Win Property Limited Limited (Bermuda) Limited (Shanghai Links)

(Hong Kong) (Cayman Island) (Bristish Virgin Islands) (Bermuda) (Bermuda) Limited

(Hong Kong)

100% 100% 100% 20%

Integrity Integrity

Independent 100% 100% 20% 100% 100% 100% 100% 100%

Financial Advice

Swiss Privilege Risk & Financial

Network

Limited Solutions Holdings Limited (Hong Kong) Holdings Limited

(a) AXA (Hong Kong) AXA China Region AXA Financial AXA China Region AXA Partners AXA China Region (a) Network Financial (Cayman Island) Life Insurance Investment Planning (Hong Insurance Company Limited (Bermuda) Limited (Cayman Island) Services Limited Company Limited Services Limited Kong) Limited Limited

100% (Hong Kong)

100% (Hong Kong) (Hong Kong) (Hong Kong) (Hong Kong) (Hong Kong) (Bermuda)

100%

Integrity 20% Independent Risk Datrix Limited Integrity Financial

& Financial AXA Financial 20%

Advice Network 20% 20%

(Hong Kong) Solutions AXA China Region Company Limited Services Trustees

Company Limited 20% Trustees Limited 20%

(Hong Kong) Limited

(b) 20%

(Hong Kong) 17/50 20% (Hong Kong)

(Hong Kong)

Colombia

On June 2014

AXA

100%

AXA Mediterranean Holding, S.A.

(Spain)

51%

51% 51% 51%

AXA Colpatria Seguros Generales, S.A. Colpatria Medicina Prepagada, S.A. AXA Colpatria capitalizadora, S.A. AXA Colpatria Seguros de Vida, S.A.

(Colombia) (Colombia) (Colombia) (Colombia)

18/50

Czech Republic

On January 1st, 2014

AXA

AXA Holdings Belgium

(Belgium)

Société Beaujon

(France)

AXA Bank Europe

(Belgium)

100% 100% 99.98% 100%

AXA penzijnĺ spoleènost

AXA pojišovna a.s. AXA životnĺ pojišovna a.s. AXA Bank Europe a.s.

100% 100% 100% 100%

AXA Èeská republika AXA investiènĺ spoleènost Dormant services s.r.o. EF CZ, s.r.o. s.r.o. a.s. v likvidaci v likvidaci

19/50

France - Holding companies

On January 1st, 2014

MUTUELLES AXA

AXA

100% 51% 100% (*) 100% 100% 100% 100% (*) 100% 100% (*) 100% (*) 100% 99.99%

AXA AXA AXA

AXA AXA China AXA CFP Globex Holding Lor Oudinot Société Global Matignon Matignon ASIA (a) Suduiraut Management International Vendôme 3 Patrimoine Participations Beaujon Direct (b) 3 4

99.92% 99.99%

AXA America

AXA Œuvres

100% (*) Holdings Inc. Vamopar d’Art

(USA)

GIE AXA Trésorerie

100% (*) Holmupar GIE AXA GIE AXA Université Europe

(*) Directly and indirectly.

(a) 49% held by AXA China Region Limited, registered in Hong Kong. (b) New corporate name as of October 10, 2013 (formerly AXA Matignon 1).

20/50

France – Insurance, Bank and Financial companies

On Juin 2014

AXA Assurances IARD Mutuelle AXA

99.99%

100%

AXA Assurances Vie Mutuelle

FamilyProtect

AXA France Assurance

100% 99.92% 98.34% 98.75% 98.51% 99.9% 99.9% 51%

Vendôme AXA France AXA Corporate Direct Assurance

1.42% AXA France Vie Juridica AVANSSUR AXA Banque (b) Participations 3 IARD Solutions Assurance (a) Vie

48.99% 65% 50% 10% 100% 99.99% 100% 50% AXA Banque Financement (b) Natio AXA Epargne AXA Private R2E-Retraite AXA Assurcrédit Argovie Assurance Entreprise (b) Management (b) Epargne Expertise

35% 50% 40% 50% AVANSSUR AVANSSUR

50%

Maroc (branch) Poland (branch) BNP Paribas Cardif Coface Humanis

Prévoyance BNP Paribas Personal (a) See also AXA Corporate Solutions Assurance chart page 7. Finance (b) Bank and financial services companies.

21/50

France – Reinsurance companies (global lines)

On January 1st, 2014

AXA

93% (a) 99% (b)

AXA Global Life AXA Global P&C

(France) (France)

100%

AXA Cessions Broker

(a) The 7% are held by various AXA companies. (b) The 1% is held by various AXA companies.

22/50

France-Europe-US – Reinsurance companies (run off/services companies)

On June 20, 2014

AXA

Oudinot Participations

(France)

99.9% 99.9% 99.9%

0.10%

AXA America Holdings, Inc. AXA Liabilities Managers COLISEE RE (a)

(USA) (France) (France)

100% 100% 78.99% 100% 100% 100% 100%

AXA America Corporate AXA Corporate Solutions Life AXA Liabilities AXA LM AXA DBIO GP Helix UK Ltd Portman Insurance Solutions, Inc. (b) Reinsurance Company Managers Inc. Switzerland AG S.à.r.l. Limited (a)

(USA) (USA) (USA) (Switzerland) (Luxembourg) (UK) (UK)

100% 100%

Coliseum Reinsurance Co. AXA Liabilities Managers Colisée RE CS Life RE Company (a) UK branch Canada Branch (a) (USA) (USA)

100% 100%

Mosaic Insurance AXA Delaware LLC. AXA Insurance Co. Company (a) 100%

(USA) (USA) (USA)

(a) In run off.

(b) 21.01% are held by COLISEE RE.

23/50

Germany - AXA Konzern AG

On May 15, 2014

AXA

10%

100%

Kölnische Verwaltungs AG 66.98% Vinci BV 34.64% für Versicherungswerte

25.63% 39.73% 23.02%

AXA Konzern AG

100% 100% 100% 75% 100% 100% 100% 100%

Deutsche Ärzte

Deutsche DBV Deutsche AXA

AXA ART AXA AXA Lebensver- Finanz Beratungs Pro bAV Ärzteversicherung Beamtenversicherung Krankenversicherung Versicherung AG Versicherung AG sicherung AG und Vermittlungs Pensionskasse AG

AG AG AG (a) AG

41.1% 100% 100%

Roland

AXA easy

Rechtsschutz- AXA Bank AG Versicherung AG

Versicherungs-AG (b)

29.6%

(a) Health insurance.

(b) Assistance and legal expenses insurance.

24/50

Germany - ART insurance companies

On May 15, 2014

AXA

AXA ART AXA ART Versicherung AG Versicherung AG

(Paris) (Breda) AXA Konzern AG

(Germany)

AXA ART AXA Art

Versicherung AG Seguros & Reaseguros SA 100% (Brussels) (Madrid)

AXA ART Versicherung AG

AXA Art (Cologne) Assicurazioni

(Milan)

100% 100% 100%

AXA Art Insurance Ltd AXA Art Versicherung AG AXA Art Holdings Inc.

(London) (Zürich) (New York)

100% 100% 100%

AXA Art Services Ltd. Fine Art Service AXA Art Insurance International Inc. Corporation

(London) (New York) (New York)

25/50

Hungary

on June 30, 2014

AXA

AXA Holdings Belgium

(Belgium)

AXA Bank Europe

(Belgium)

100%

AXA Bank Europe SA

AXA Szolgáltató Kft. Magyarországi Fióktelepe

100%

AXA Magyarország

Befektetési Alapkezelõ Zrt.

26/50

India

On May 15, 2014

AXA

100%

AXA ASIA Société Beaujon

(France) (France)

100%

National Mutual International Bharti Pty. Limited India (Australia)

50% 50% 90%

GIBA Holdings

AXA India Holdings

Private Limited 10%

(Mauritius)

(India)

22.22% 10% 99.99% (a) 40% 37.78% 22.22%

Bharti Insurance Bharti AXA Life First American AXA Business Bharti AXA General Insurance Company Securities Private Services Insurance Company

Holdings Private Limited 40% 37.78%

(India) Limited Limited Limited

(India) (India) (India) (India)

45% 45%

Bharti Enterprises Limited Bharti Overseas Private Limited

(India) (India)

(a) 0.01% held by GRE Nominee shareholdings Ltd.

27/50

Indonesia

On May 15, 2014

AXA

100%

AXA ASIA SAS

100%

(France)

PT Bank Mandiri 100% (Persero) Tbk.

National Mutual International PT Arya Mitra Pty. Limited 40% (Australia)

60% 51% 80% 6.77% 93.23%

49% 99% (a) 100%

P.T. Mandiri PT AXA Mandiri Wealth Management AXA Financial Services

P.T. AXA Life P.T. Asuransi PT AXA Services

AXA General Financial Mauritius Holdings Ltd (Singapore) Pte. Ltd.

Indonesia AXA Indonesia Indonesia

Insurance Services (Mauritius) (Singapore)

99.99% 1.28%

20%

PT Kotak Biru PT Indonesia

98.71%

Konsultama Emas Perkasa

12.96% 87.04%

PT Kotak Biru Investama

6.91%

Dana Pensiun

PT AXA Financial

Lembaga Keuangan 100% 93.09% Indonesia AXA

PT AXA Asset

90% Management 10% (a) 1% held by AXA ASIA. Indonesia

28/50

Ireland

On January 1st, 2014

AXA

AXA UK Plc AXA Mediterranean Holding S.A.

(UK) (Spain)

Guardian Royal Exchange Plc AXA MPS Assicurazioni Vita (UK) S.p.A.

(Italy)

100% 100% 100% AXA Insurance plc AXA Insurance UK 100%

(UK) plc

100% 100% 100% 50%

Stramongate

AXA Life Europe AXA Life Invest AXA Life Invest AXA Holdings Ireland AXA Pension Fund AXA MPS Financial Management Limited Limited Reinsurance Limited Services Limited (a) Limited (d) Ireland Limited Ltd

(b) (c)

100%

AXA Ireland Limited

100% 100% 50% 100%

AXA Life Europe Limited

(German Branch)

AXA Ireland Pension AXA Insurance AXA Group Services AXA Financial Limited Trustees Limited Limited (d) Limited (c) (b) AXA Life Europe Limited

(Portugal Branch)

AXA Insurance Limited

Branch in Northern

(a) New corporate name (formerly AXA Global Distributors (Ireland) Limited). Ireland (b) These companies are due to be wound up within the coming year.

(c) 50% are held by GRE Nominee Shareholdings Limited. (d) 1 share is held by GRE Nominee Shareholdings Limited.

29/50

Italy

On May 21, 2014

AXA

Banca Monte dei Paschi AXA France di Siena S.p.A. Assurance (Italy)

(France)

AXA Mediterranean Holding S.A.U. AXA Mediterranean Holding S.A.

Italy branch (Spain)

AXA France Vie

(France)

98.11%

AXA MPS

50% Assicurazioni Danni 50%

AXA France Vie S.p.A.

1.88% AXA Assicurazioni S.p.A.

Italy Branch

AXA MPS

50% Assicurazioni Vita 50% S.p.A.

1.88%

98.12% 100% 100% 100% 100%

Centurion AXA MPS Distribuzione AXA Interlife AXA MPS Real Immobiliare Financial Limited Previdenza S.r.l. S.p.A. Estate srl S.p.A. (Ireland)

30/50

Japan

On March 31, 2014

AXA

AXA Versicherungen AG

78.92% (Switzerland)

AXA Japan Holding Co., Ltd 20.01%

100% 100% 100% 100%

AXA Life Insurance AXA General Insurance AXA Collection AXA Direct Life Co., Ltd Co., Ltd Services Co. Ltd. Insurance Co., Ltd

31/50

Luxembourg

On March 17, 2014

AXA

AXA Holdings Belgium

(Belgium)

Vinci B.V.

99.99% (Netherlands)

AXA Luxembourg SA (a)

100%

99.99% 99.99% 99.95% (b) 100%

Finance Solutions AXA Assurances AXA Assurances Vie

0.01% CONTERE Matignon Finance S.A.

S.à.r.l. (“Finso”) Luxembourg Luxembourg

50% 17%

IMMO FOIRE (c)

(a) 0.01% held by AXA Belgium (Belgium). (b) 0.05% held by AXA Bank Europe (Belgium). (c) 33% held by AXA Belgium (Belgium).

32/50

Malaysia - The Philippines

On May 15, 2014

AXA

100%

AXA ASIA

(France)

First Metro Investment Corporation

(Philippines)

100%

National Mutual International Pty. Limited

(Australia) 28.18% GT Capital Holdings, Inc. 42.69% (Philippines)

45%

49%

25.33%

AXA-AFFIN General AXA AFFIN Life Insurance Philippine AXA Life Insurance Insurance Berhad (a) Berhad Corporation (b)

(Malaysia) (Malaysia) (Philippines)

100%

33.76% 51%

AXA Management Services AFFIN Holdings Berhad Berhad

(Malaysia) (Malaysia)

(a) Felda holds 16% and minorities hold 7.55% of the paid-up capital.

(b) 1.49% held by other shareholders. 33/50

Mexico

On January 1st, 2014

AXA

AXA Mediterranean Holding, S.A.

(Spain)

99.97% (a)

AXA Seguros, S.A. de C.V.

(Mexico)

99.99% 99.99% 50% 99%

0.01% Proyectos y Servicios De Servicios Immobiliarios La Inversiones Corporativas AXA Salud, S.A. de C.V. 0.01% Fuerzas en Ventas, S.A. de Comercial, S.A. de C.V. (b) Automotrices, S.A. de C.V.

50% C.V.

98% 98% 98% 98% 50% 50%

Administradora de Consultoria y Asesoria en Promotora y AXA Asesores, S.A. de Recursos Humanos y Servicios Corporativos y

Administradora de Fundación AXA C.V. (c) Corporativos, S.A. de de Administración, S.A.

Fuerza Azul, S.A. de C.V.

C.V. de C.V.

66.66% 50% 50%

AXA Caja de Empleados, (a) 0.03% held by AXA Seguros Generales, S.A. de Seguros y Reaseguros. Universidad AXA, A.C.

S.C. (c) (b) SILCSA will be merged during 2014 with AXA Seguros, S.A. de C.V. (c) Entities undergoing a liquidation process.

34/50

Middle East

on January 1st, 2014

AXA

AXA Mediterranean Holding, S.A.

(Spain)

Groupe SLF

49% 99.98% 95% (a) 49%

AXA Middle East

AXA Holding SAL AXA Gulf Holding W.L.L.

SAL 2% 18%

(Lebanon) (Bahrain) (Lebanon)

50% 50%

AXA Insurance (Saudi Arabia) AXA Cooperative Insurance AXA Insurance (Gulf) B.S.C.(c) B.S.C.(c) 32% Company (d)

(Bahrain)

(Bahrain) (Saudi Arabia)

50% 50% 99% (b)

Kanoo AXA Insurance (Gulf) B.S.C.(c) branches: (Bahrain) ASC FZ L.L.C. - UAE

(UAE) - Qatar -Oman

(a) 5% held by Société Beaujon (France).

(b) 1% held by AXA Insurance (Saudi Arabia) B.S.C.(c). (d) 50% held by public shareholding (listed).

35/50

Morocco

On January 1st, 2014

AXA

AXA France Assurance

(France)

100%

AXA France IARD AXA France Vie AVANSSUR

AXA Holding Maroc

(France) (France) (France)

100%

AXA France IARD AXA France Vie AVANSSUR AXA Assurance Maroc

99.9% 100% 99.90% 87.16% 99.73% 50% 49%

Sté Gestion et

Epargne

Assia Surveillance RECAB Somafic AXA Credit Force 2 ONA Courtage Croissance “SGS”

36/50

Poland

On January 1st, 2014

AXA

AXA France Assurance

(France)

Société Beaujon

(France)

Avanssur

(France)

6.58%

100% 100%

93.42%

Avanssur

Poland Branch

AXA ¯ycie Towarzystwo AXA Powszechne Towarzystwo AXA Towarzystwo Ubezpieczeñ i Ubezpieczeñ S.A. Emerytalne S.A. Reasekuracji S.A.

(“AXA ¯ycie TU S.A.”) (“AXA PTE S.A.”) (“AXA TUiR S.A.”)

(life) (Pension Fund) (non life)

100% 100%

AXA Towarzystwo Funduszy

Inwestycyjnych S.A. AXA Polska S.A.

(“AXA TFI S.A.”) (Service & Distribution) (Mutual funds)

37/50

Portugal

On May 19, 2014

AXA

AXA Corporate Solutions AXA France Assurance Assurance (France) (France)

AXA France Vie

(France)

83.01% 9.07%

5.37% 87.63%

0.01%

AXA Portugal Companhia de AXA Portugal Companhia de

2.27% 7.46%

Seguros SA (a) Seguros de Vida SA (b)

100%

AXA Mediterranean

AXA Centro de Serviço a Services, AEIE

Clientes, ACE

(Portugal branch)

AXA ITMED Unipessoal, Lda

AXA Mediterranean AXA Group Solutions Systems, AEIE Soluções Informáticas,

(a) Less than 0.5% of the shares are still owned by the public. (Portugal branch) AEIE (b) 4.90% are held by Finova – Sociedad Gestora de Participaçoes Sociais, S.A. 38/50

Romania

On May 15, 2014

AXA

Société Beaujon

(France)

99.99%

0.01%

AXA Life Insurance, SA

39/50

Singapore

on July 3, 2014

AXA

100%

AXA ASIA SAS

(France)

100% 100%

AXA Financial Services AXA Insurance Singapore (Singapore) Pte. Ltd. Pte. Ltd.

(Singapore) (Singapore)

100% 100% 100% 100%

ipac financial planning AXA Wealth Management AXA Life Insurance AXA Asia

Singapore private limited (a) Singapore Pte. Ltd. (a) Singapore Private Limited Regional Centre Pte. Ltd.

(Singapore) (Singapore) (Singapore) (Singapore)

(a) In run off.

40/50

Slovakia

On January 2014

AXA

AXA Holdings Belgium

(Belgium)

Société Beaujon

(France)

AXA pojišovna a.s.

(Czech Republic)

AXA Bank Europe

AXA životnĺ pojišovna a.s. (Belgium) (Czech Republic)

AXA investièni spoleènos a.s.

(Czech Republic)

100% 100% 100%

AXA životnĺ

AXA pojišovna a.s., AXA investièni pojišovna a.s., AXA Bank Europe, poboèka poisovne spoleènost a.s., poboèka poisovne AXA Services, s.r.o. AXA d.s.s., a.s. AXA d.d.s., a.s. poboèka z iného èlenského organizaèná zložka z iného èlenského zahraniènej banky štátu Slovensko

štátu

41/50

South Korea

On April 1st, 2014

AXA

99.6%

AXA General Insurance

42/50

Spain

On June 2014

AXA

100%

AXA Mediterranean Holding, S.A.

100% 100% 100% 99.89% 100% 100% 75% (c) 99.84%

AXA Seguros AXA Pensiones, S.A. AXA Technology

Direct&Quixa, AXA Medla IT & AXA People AXA Vida, S.A. AXA Regional Generales, S.A. de Entitad Gestara de Regional Services Seguros y Local Support Protector Services, de Seguros y Services, S.A.U. Seguros y Fondos de Pensiones Mediterranean & Reaseguros S.A.U. Services, S.A.U. S.A.U. Reaseguros, S.A.

Reaseguros Unipersonal Latin America S.A

100% 50% 90.14%

(b) 100% 100% 100% 100% 66.66% 33.33% 98.76%

AXA Exclusiv, Puntos Azules Auxiliar de Asesores de

Asesores Hilo Direct AXA Group AXA MBASK Seguros e Asesores de AXA Aurora Vida, S.A. Seguros, Sociedad Seguros, Asegur Fundación Agencia de Seguros Solutions Spain, Inversiones, Seguros de Seguros y Agencia de Agencia de AXA

S.A.U. S.L. (a) (Azerbaijan) Agencia de Agencia de Reaseguros, S.A. Seguros, S.L.U. Seguros, S.A.

Seguros S.A. Seguros S.A.U.

0.03%

100% 100% 99.97%

Direct&Quixa, Direct&Quixa, AXA Medla IT & AXA

Seguros y Seguros y Local Support Mediterranean Gestión Reaseguros S.A.U. Reaseguros S.A.U. Services, S.A. Holding, S.A. AXA Auxiliar de Iberoamericana

AXA Ibercapital S.A.

(Portugal Branch) (Italy Branch) (Portugal Branch) (Italy Branch) Servicios, S.A. de Servicios,

Unipersonal Unipersonal S.A. de C.V.

(Mexico)

(a) AXA Group Solutions (France) holds 50% of the paid-up capital. (b) Mr. Garibov holds the remaining 9.86% of the paid-up capital. (c) 25% are held by AXA Technology Services (France).

43/50

Sub-Saharian Africa

On January 1st, 2014

AXA

68.70% 86.6% 78.64% 99.96%

AXA Sénégal AXA Côte d’Ivoire AXA Cameroun AXA Gabon

(Senegal) (Ivory Coast) 16.73% (Cameroon) 5.10% (Gabon)

4.34%

44/50

Switzerland

On January 1st, 2014

AXA

100%

AXA Versicherungen AG

100% 66.67%

AXA-ARAG AXA Leben AG

Rechtsschutz AG

45/50

Thailand

on June 2014

AXA

100%

AXA ASIA

(France)

100%

National Mutual International Pty. Limited

(Australia)

94.5% 49% 45%

Krungthai-AXA Life AXA Insurance Public Co. Ltd 4.8% ASM Holdings Limited Insurance Public Company Limited (a)

50%

Krungthai Bank Public Company Limited

(Thailand)

(a) 5% held by other shareholders.

46/50

Turkey

On May 23, 2014

AXA

AXA Mediterranean Holding 17.63% (Spain)

AXA Holding A.S. 82.37%

T.C. Ziraat Bankasi

7.31% 100% 92.61%

AXA HAYAT ve Emeklilik A.S. AXA Sigorta A.S.

0.08% Others

(L&S / PPP) (non life)

47/50

Ukraine

On January 1st, 2014

AXA

Société Beaujon

(France)

50.16%

99.98%

AXA Insurance AXA Insurance Life (a)

(a) 0.01% is held by Oudinot Participations (France) and 0.01% by Holding Vendôme 3 (France). New corporate name (formerly Eurostandart Life).

48/50

UK - AXA UK Plc

On May 14, 2014

99.9% (a) AXA

AXA Equity & Law Plc 53.1%

46.9% AXA UK PLC

100% 100% 100%

100% 100%

Guardian Royal Exchange Architas Advisory Architas Multi-Manager AXA Sun Life Direct Bluefin Group Limited PLC Services Limited Limited Limited

100% 100% 100% 100% 100%

100% 100%

Winterthur UK

Bluefin Insurance AXA PPP Healthcare Winterthur Life UK AXA Portfolio

AXA Insurance PLC AXA Services Limited Financial Services

Group Limited Group PLC Holdings Limited Services Limited Group Limited

100%

100% 100% 100% 100% 100% 100%

AXA Holdings Ireland Winterthur Financial AXA Insurance UK Health on Line Company AXA Wealth AXA Wealth Winterthur Trustee Limited Services UK

PLC UK Limited Services Limited Limited Services Limited

(Ireland) (b) Holdings Limited

100%

AXA PPP Healthcare Limited

(a) 0.1% of AXA Equity & Law plc is owned by individuals outside the AXA Group. (b) See also Ireland chart page 29.

49/50

USA - AXA Financial, Inc.

On June 1st, 2014

100% AXA

0.08%

Oudinot Participations

99.92% AXA America Holdings, Inc.

(France)

99.49%

AXA Financial, Inc.

100%

AXA Equitable Financial Services, LLC

100% 100% 100% 100% 100% 13.14% (a)

AXA Equitable Life Insurance AXA Equitable Life and AXA Distribution Holding MONY Financial Services, AXA RE Arizona Company Company Annuity Company Corporation Inc.

32.71% (b) 100% 100% 100%

100% 100% 100%

MONY Life Insurance Company of America AXA Equitable AXA

AllianceBernstein Funds PlanConnect, AXA Network, AXA Advisors, Distributors L.P. Management LLC LLC LLC

LLC

Group, LLC 100% U.S. Financial Life Insurance Company

(a) 0.95% of which is indirectly held through MONY Life Insurance Company of America. (b) Indirectly.

50/50