1/50

st

2/50

Assistance (page 4) Assistance - Europe-Middle East- Africa (page 5) Assistance - America-Asia (page 6) AXA Corporate Solutions Assurance (page 7) AXA Group Solutions (page 8) AXA Investment Managers - France-Switzerland-UK-Qatar (page 9) AXA Investment Managers - Europe (other countries) (page 10) AXA Investment Managers - America-Asia (page 11) AXA Investment Managers - Private Equity (page 12) AXA Mediterranean Region (page 13) AXA Millsimes (page 14) AXA Real Estate Investment Managers (page 15) AXA Technology Services (page 16) Belgium (page 17) China - Hong Kong (page 18) Czech Republic (page 19) France - Holding companies (page 20) France - Insurance companies (page 21) France - Reinsurance companies (global lines) (page 22) France-Europe-US - Reinsurance companies (run off/services companies) (page 23) Germany - AXA Konzern AG (page 24) Germany - ART Insurance companies (page 25) Hungary (page 26)

India (page 27) Indonesia (page 28) Ireland (page 29) Italy (page 30) Japan (page 31) Latin America (page 32) Luxembourg (page 33) Malaysia - The Philippines (page 34) Middle East (page 35) Morocco (page 36) Poland (page 37) Portugal (page 38) Romania - (page 39) Singapore - Taiwan (page 40) Slovakia (page 41) South Korea (page 42) Spain (page 43) Sub-Saharian Africa (page 44) Switzerland (page 45) Thailand (page 46) Turkey (page 47) Ukraine (page 48) UK - AXA UK (page 49) USA - AXA Financial (page 50)

3/50

AXA
100%

AXA Assistance SA
100% 100% 67% 100% 100%

AXA Assistance France Assurances SA

11% JAIC (Japan)

AXA Assistance France SA

AXA Assistance Maroc

(Morocco)

Inter Partner Assistance SA (1)

(Belgium)

AXA Travel Holding SA

100% AXA Assistance Participations SA AXA Assistance Aero Medical Services Ltd Branches: - Athens (Greece) - Lisbon (Portugal) - London (UK) - Munich (Germany) - Paris (France) - Roma (Italy) - Prague (Czech Republic) - Dublin (Ireland) - Warshaw (Poland) - Barcelona (Spain) - Geneva (Switzerland) 50% 100% 100% AXA Travel Insurance Ultd (Ireland)

100%

100% 100% Truck Assistance International SA

50% 98%

AXA Travel Insurance UK Ltd

100%

ADHAP Performances

Domiserve

Les Cours Legendre

AXA Assistance Travel Ltd (Ireland)

100%

60% Pluridis

AXA Assistance Travel Europe Ltd

100%

50%

20% Itelis TAI Transport Assistance SA Domiserve + AXA Assistance Europe Services Ltd 100%

(1) See also charts pages 5 and 6. 4/50

AXA Assistance Europe Services Ltd (UK branch (London))

AXA

Inter Partner Assistance

(Belgium)

Inter Partner Assistance Algrie Spa (Algeria) Call Us Assistance International Gmbh (Austria) Inter Partner Assistance Services (Belgium) Auto Club Assist SA - ACA (Belgium) AXA Assistance Ceska Republika Spol. (Czech Republic) AXA Assistance Claims Center Ltd (London) (UK)

50% 39%

100%

Inter Partner Assistance Services BV (Netherlands)

100%

Inter Partner Assistance Polska SA (Poland) AXA Assistance Servios SA (Portugal) 100% AXA Assistance Saude Portugal SA

100%

100%

51%

100%

Inter Partner Asistencia Servicios Espaa SA (Spain)

100% 50% 100% 55% 80% 100% 100%

G MAS R Asistencia (Spain) Iuris Gestion SA (Spain) Hogar Soluciones 2012 SA (Spain) Auto Soluciones de Red SL (Spain)

100%

AXA Assistance Deutschland Gmbh (Germany)

Inter Partner Assistance Services Gmbh Frankfurt Oder (Germany)

AXA Assistance Services SA (Greece) Inter Partner Assistenza Servizi Spa (Italy)

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

80%

AXA Assistance Ocean Indien Ltd (Mauritius)

100%

51% 100%

AXA Assistance Ireland Ltd (Ireland) AXA Assistance UK Ltd (UK) 100% AXA Assistance Medical Services Ltd (Ireland)

AXA Customer Services Ltd (Mauritius)

50% 100% 5/50 AXA Assistance UK Ltd (branch in Dublin - Ireland)

AXA Assistance Maroc Services SA (Morocco)

AXA

Inter Partner Assistance

(Belgium)

AXA Assistance Argentine SA (Argentina)

100%

100%

AXA Assistance Australia Pty Ltd (Australia)

100%

IPA Australia Ltd (Australia) (b)

Inter Partner Assistance s/c Ltda (Brazil)

100%

90%

AXA Assistance Japan Ltd (Japan)

AXA Assistance Canada Inc (Canada)

100%

10%

Inter Partner Assistance Japan Ltd (Japan) 100

AXA Assistance Beijing Ltd (China)

AXA Asistencia Chile SA (Canada) AXA Asistencia Colombia ( Venezuela Branch) (a) AXA Asistencia Colombia SA (Colombia) AXA Asistencia Colombia ( Ecuador Branch)

100%

100%

Inter Partner Assistance Hong-Kong Ltd (Hong Kong)

IPA Branch in Shanghai

66.30%

100%

IPA Taiwan Ltd (Hong Kong)

IPA Taiwan Ltd (Taiwan Branch)

100% AXA Assistance Mexico Sucursal Panama SA 100% AXA Assistance Mexico SA de CV (Mexico) 100% 97.49% AXA Assistance Panama SA (Panama) 100% AXA Assistance USA Inc (USA) 100% 100% 100% AXA Assistance Florida Inc (USA) (a) In run off. (b) Winding-up in progress. 100% AXA Assistance USA Holding Inc (USA) 100% HAA Preferred Partners 6/50

Inter Partner Assistance Singapore (Singapore)

IPA Branch in Malaysia

AXA Assistance Company Ltd (Thailand)

100%

Inter Partner Assistance SA (Thailand)

AXA Assistance Pte Ltd (India)

st

AXA

AXA France Assurance

98.75%

AXA Corporate Solutions Assurance

(France)

100%

100%

100%

AXA Matrix Risk Consultants S.A. (France) 100% Matrix (USA)

AXA Corporate Solutions Services Uk Ltd (UK)

AXA Corporate Solutions Marine Services Ltd (Hong Kong)

AXA Corporate Solutions Assurance Australian branch

AXA Corporate Solutions Assurance German branch

AXA Corporate Solutions Assurance Hong Kong branch

AXA Corporate Solutions Assurance Italian branch

AXA Corporate Solutions Assurance Singapore branch

AXA Corporate Solutions Assurance Spanish branch

AXA Corporate Solutions Assurance Switzerland branch

AXA Corporate Solutions Assurance UK branch

7/50

AXA

100%

GIE AXA Group Solutions (France)

AXA Group Solutions

(France)

AXA Group Solutions Solues Informatics AEIE (Portugal)

8%

13%

50% (a)

AXATechnology Shared Services Private Limited India (b) (India)

AXA Group Solutions Spain, S.L. (c) (Spain)

AXA Group Solutions German branch

AXA Group Solutions Portuguese branch

AXA Group Solutions Swiss branch

AXA Group Solutions UK branch

(a) 50% are held by AXA MedLa IT & Local Support Services S.A.U. (b) AXA Group Solutions Private Limited India was merged into AXA Technology Shared Services Private Limited India at the beginning of April 2012. See also page 16. (c) New corporate name (formerly Webinsurance Partners). 8/50

st

AXA
AXA Mutuals AXA France IARD insurance and reinsurance companies 4.43% 13.84% 73.77%

AXA Konzern AG
(Germany) 5.20%

AXA Mediterranean Holding SA (Spain)

2.31%

AXA Investment Managers

100%

100%

100%

100%

100%

99.8%

100%

100%

100%

100%

AXA Framlington Group Ltd (UK)

AXA Investment Managers Ireland Ltd (Ireland)

AXA Investment Managers Limited (UK)

AXA Asset Management Ltd (UK)

AXA Investment Managers GS Ltd (UK)

AXA DEFENSE

(France)

AXA Investment Managers Paris (France)

AXA Investment Managers IF (France)

AXA Investment Managers LLC (Qatar)

AXA Investment Managers Schweiz AG (Switzerland)

100%

33.3%

66.7%

Newgate One Ltd

(UK)

AXA Investment Managers UK Holdings (UK)

AXA Investment Managers GS Madrid (Spain)

100%

25%

Newgate Two Ltd (a)

(UK)

AXA Investment Managers UK Limited (UK)

100%

AXA Framlington Investment Management Ltd (UK)

(a) Dormant since 2003.

75%

9/50

st

AXA

AXA Investment Managers

(France)

99.9%

92.5% (a)

99.9%

99.9%

AXA IM Benelux

AXA Investment Managers Deutschland GmbH (Germany)

AXA Investment Managers Italia SIM S.p.A. (Italy)

AXA Funds Management S.A.

(Belgium)

(Luxembourg)

AXA Investment Managers Deutschland GmbH French branch

AXA Investment Managers Deutschland GmbH Spanish branch

AXA Investment Managers Deutschland GmbH Italian branch

(a) 7.5% of the company are held by AXA Assurances IARD Mutuelle. 10/50

st

AXA
National Mutual International Pty Limited (Australia)

AXA Investment Managers

(France)

39%

66%

100%

100%

55%

45%

AXA SPDB Investments Managers Company Ltd (a) (China)

AXA Investment Managers Japan Ltd (Japan)

AXA Investment Managers Holding US Inc (USA)

AXA Investment Managers Asia Limited (Hong-Kong)

AXA Investment Managers Asia Holdings Private Limited (Singapore)

50%
KYOBO AXA Investment Managers Co. Ltd. (c) (Korea)

100%

74.99%

74.99%

AXA IM Rose Inc. (USA)

34% 19.6% 75%

AXA Rosenberg Group LLC (d) (USA)

BHARTI AXA Investment Managers Private Limited (b) (India)

BHARTI AXA Trustee Services Private Limited (b) (India)

100%
AXA IM Inc (USA)

80.4%
AXA Rosenberg Asia Pacific Holding LLC (USA)

100%
AXA Rosenberg Investment Management Ltd (UK)

100%
AXA Rosenberg Management Ireland Ltd (Ireland)

100%
AXA Rosenberg Investment Management LLC (USA)

100%
BARR Rosenberg Research Center LLC (USA)

100%
AXA Rosenberg Global Services LLC (USA)

100%
Seal Nominees Hong Kong Ltd (Hong Kong) AXA Rosenberg Investment Management Asia Pacific Ltd (Hong Kong)

100%
AXA Rosenberg Investment Management Asia Pacific Ltd (Singapore) AXA Rosenberg Asia Pacific Australian Branch

100%

11/50

(a) 61% of the company are held by SPDB & Co. (b) 25.01% of the company are held by Bharti. Subject to conditions precedent contained in the share purchase agreements executed by AXA IM Asia Holdings Pvt Ltd in December 2011, Bank of India to (i) replace Bharti as shareholder of both Indian JVs and (ii) hold 51% of the same by the end of March 2012. See also India chart page 27. (c) 50% of the company are held by Kyobo Life. (d) 25% of the company are held by B Member (non voting).

st

AXA

AXA Investment Managers

98.46%

AXA Investment Managers Private Equity SA

(France)

100%

99.99%

100%

100%

100%

100%

100%

100%

AXA Private Equity Eastern Europe GmbH (Austria)

AXA Investment Managers Private Equity Europe SA (France)

AXA Private Equity Italy S.r.l. (Italy)

AXA Private Equity Luxembourg Sarl (Luxembourg)

AXA Private Equity Asia Pte, Ltd (Singapore)

AXA Private Equity Switzerland AG (Switzerland)

AXA Private Equity UK, Ltd (UK)

AXA Private Equity (US), LLC (USA)

100%

100%

AXA Private Equity Germany GmbH (Germany)

AXA Private Equity Switzerland Finance AG (Switzerland)

12/50

st

AXA
100%

AXA Mediterraenan Holding, S.A.

(Spain)

99.94%

99.94%

99.94%

99.9%

99.89%

96%

50%

50%

AXA Assurance Algrie Dommage

(Algeria)

AXA Assurance Algrie Vie

(Algeria)

AXA Dveloppement Algrie

(Algeria)

AXA Brasil Serviios de Consultoria de Negocios, LTDA

(Brazil)

AXA Insurance A.E.

(Greece)

AXA Services Egypt, S.A.E

(Egypt)

AXA MPS VITA, Assicurazioni S.p.A. (b)

(Italy)

AXA MPS Assicurazioni Danni S.p.A. (b)

(Italy)

99.94%

100%

18%

99.99%

99.99%

100%

50%

AXA Seguros, S.A. de capital variable (a)

(Mexico)

Seguro Directo Gere, Companhia de Seguros S.A.

(Portugal)

AXA Cooperative Insurance Company (d)

(Saudi Arabia)

AXA Non Life Insurance A.D.O.

(Serbia)

AXA Life Insurance A.D.O.

(Serbia)

AXA Services, A.D.O

(Serbia)

AXA Holding A.S.

(c) (Turkey)

(a) See also Mexico chart page 32. (b) See also Italy chart page 30. (c) See also Turkey chart page 47. (d) See also Middle East chart page 35. 13/50

st

AXA
AXA Mutuals 42.34% (a)

57.66% (b)

AXA Millsimes

99.09%

99.81%

100%

99.97%

100%

100%

100%

49%

Chteaux et Associs S.N.C

Domaine de l'Arlot S.C.I.

C.M.G.C. S.A.S.

Quinta do Noval SA (Portugal)

Quintoval SA (Portugal)

Disznoko Toka ZRT (Hungary)

SARL Tour Pibran

Domaine de l'Arlot SCE

99%

Petit Village S.N.C.E.

1%

Petit Village SCEA

99.99% 51% 100% Domaine de l'Arlot S.C.E. Entrepts du Mdoc S.N.C. 99%

99%

Suduiraut S.N.C.E.

1%

Suduiraut S.A.S.

99%

Pichon Longueville S.N.C.E.

1%

Pichon Longueville S.N.C.

100%

Tour Pibran S.C.I.

99.99%

99%

Belles Eaux S.N.C.E.

1%

Belle Hlne S.N.C.

99.99%

(a) Directly and indirectly. (b) Directly. 14/50

st

AXA

AXA Investment Managers (France)

100%

AXA Real Estate Investment Managers

99.9%

100%

99.9%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

AXA Real Estate Investment Managers SGP

AXA Real Estate Investment Managers Singapore Private Ltd (Singapore)

AXA Real Estate Investment Managers France

AXA Real Estate Investement Managers Scandinavia AB (Sweden)

AXA Immobilien GmbH

AXA Real Estate Investment Managers Asia Limited

AXA Real Estate Investment Managers Central Europe LLC (Hungary)

AXA Real Estate Investment Managers Italia

AXA Real Estate Investment Managers Nederland BV

AXA Real Estate Investment Managers Iberica Exploraao de Imoveis, SA

AXA Real Estate Investment Managers Iberica

AXA Real Estate Investment Managers Ltd

AXA Real Estate Investment Managers Japan KK

(France)

(France)

(Germany)

(Hong Kong)

(Italy)

(Netherlands)

(Portugal)

(Spain)

(UK)

(Japan)

99.9% AXA Real Estate Investment Managers Belgium (Belgium)

100% AXA Real Estate Investment Managers US LLC (USA)

100% Colise Grance

100%

100%

AXA Merkens Fonds GmbH (Germany) 15/50

AXA REIM SGR S.p.A.

(France)

(Italy)

st

AXA
Oudinot Participations (France)

GIE AXA Technology Services France (France)

100% (a)

AXA America Holdings, Inc. (USA) 100%

GIE AXA Technology Services Belgium (Belgium)

AXA Technology Services SAS

(France)

AXA Technology Services America Inc. (USA)

100% AXA Technology Services Australia PLC (Australia)

100% AXA Technology Services Germany GmbH (Germany)

100% AXA Technology Services South East Asia (Hong Kong)

100% AXA Technology Services India Pvt Ltd (India)

100% AXA Technology Services Japan (Japan)

100% AXA Technology Services Switzerland (Switzerland)

100% AXA Technology Services UK PLC (UK)

100% AXA Technology Services Mediterranean Region - AEIE (Italian branch) AXA Technology Services Mediterranean Region - AEIE (Portuguese branch) AXA Technology Services Mexico SA de CV (Mexico)

100% AXA Technology Services (Singapore)

AXA Technology Services SAS (Moroccan branch)

AXA Technology Services Mediterranean Region - AEIE (Spanish branch)

(a) Directly and indirectly. 16/50

st

AXA

100%

AXA Holdings Belgium

3.09%

96.91%

11.55%

100%

99.87% (a)

100%

100%

100%

AXA Belgium

88.45%

SERVIS

SERVIS-Life

Touring Assurances

L'Ardenne Prvoyante

AXA Bank Europe

AXA Private Management

99.93%

99.98%

100%

Les Assurs Runis

ISCC

AXA Bank Europe SCF (France)

AXA Bank Europe (Swiss branch)

AXA Bank Europe (Hungarian branch)

AXA Bank Europe (Czech branch)

AXA Bank Europe

(Slovakian branch)

(a) Les Assurs Runis holds 0.13% of the paid-up capital. 17/50

st

AXA
100%

100%

51%

Detura Limited (British Virgin IsIand)

AXA Versicherungen AG (Switzerland)

AXA ASIA SAS (France)

AXA China (France)

51%

72.97% 100% 51%

China Minmetals Corporation 100% 100% minus 31 shares 100%

AXA (Guangzhou) Software Development & Services Company Ltd (China)

AXA Group Regional Business Management (Shanghai) Co., Ltd (China) 100%

49%

49% 49% AXA China Region Limited AXA-Minmetals Assurance Company Limited (China) AXA Life Insurance Company Limited (Hong Kong) AXA General Insurance Hong Kong Ltd (Hong Kong) AXA General Insurance China Ltd (Hong Kong)

(Bermuda)

51% Integrity Partnership Limited (Cayman Island) 100%

Integrity Financial Advice Network Holdings Limited (Cayman Island)

100% AXA Wealth Management (HK) Limited (Hong Kong) 100% 100%
Swiss Privilege Limited (Hong Kong) AXA (Hong Kong) Life Insurance Company Limited (Hong Kong)

100% AXA Financial Services Holdings Limited (Bermuda)

100% AXA China Region Insurance Company (Bermuda) Limited (Bermuda)

Winterthur Insurance (Asia) Ltd (Shanghai Branch)

100%
Integrity Independent Risk & Financial Solutions Holdings Limited (Cayman Island)

100%

20%

100%
AXA China Region Investment Services Limited (Hong Kong)

100%
ipac financial planning Hong Kong Limited (Hong Kong)

100%
AXA China Region Insurance Company Limited (Hong Kong)

100%
AXA Partners Limited (Hong Kong)

100%
AXA China Region (Bermuda) Limited (Bermuda)

100%
Integrity Financial Advice Network Company Limited (Hong Kong)

100%
Integrity Independent Risk & Financial Solutions Company Limited (Hong Kong)

Network Financial Services Limited (Hong Kong)

100% 20%
Datrix Limited (Hong Kong) AXA Financial Services Trustees Limited (Hong Kong)

20% 20% 20% 20% 20%

AXA Chine Region Trustees Limited (Hong Kong)

20%

20% 20%

18/50

st

AXA
AXA Holdings Belgium (Belgium)

Socit Beaujon (France) AXA Bank Europe (Belgium)

100%

100%

99.98%

100%

AXA pojiovna a.s.

AXA ivotn pojiovna a.s.

AXA penzijn fond a.s.

AXA Bank Europe

100%

100%

100%

100%

100%

AXA esk republika s.r.o.

AXA investin spolenost a.s.

Dormant services s.r.o v likvidaci

EF CZ, s.r.o.

EDC CZ, s.r.o. v likvidaci

19/50

st

MUTUELLES AXA

AXA

100%

51% (a)

100%

100%

100%

100% (*)

99.98%

100% (*)

100% (*)

100%

99.99%

AXA ASIA

AXA China

AXA Matignon 1

AXA Matignon 2

AXA Suduiraut

CFP Management (b)

Globex International

Holding Vendme 3

Lor Patrimoine

Oudinot Participations

Socit Beaujon

99.92%

99.99%

100% (*)

AXA uvres d'Art

AXA America Holdings Inc. (USA)

Vamopar

100% (*)

Holmupar

GIE AXA

GIE AXA Trsorerie Europe

GIE AXA Universit

(*) Directly and indirectly. (a) 49% held by AXA China Region Limited, registered in Hong Kong. (b) New corporate name as from August 31, 2011 (formerly Compagnie Financire de Paris).

20/50

st

AXA Assurances IARD Mutuelle

AXA
100% (*) 100% FamilyProtect

AXA Assurances Vie Mutuelle

AXA France Assurance

100%

FamilyProtect Services

99.92%

98.34%

98.75%

98.51%

99.9%

99.9%

52.46%

AXA France IARD

1.42%

AXA France Vie

AXA Corporate Solutions Assurance (a)

Juridica

Direct Assurance Vie

AVANSSUR

AXA Banque (b)

50%

91.2%

8.77% 10% 99.99% 99.9% 99.9% 50%

47.54%

65% AXA Banque Financement (b)

Natio Assurance

AXA Carabes (Martinique)

AXA Assurcrdit

Argovie

AXA Epargne Entreprise (b)

AXA Private Management (b)

R2E-Retraite Epargne Expertise 35%

50% BNP Paribas 50%

40%

50% Novalis Prvoyance

AVANSSUR Maroc (branch)

AVANSSUR Poland (branch) BNP Personal Finance

Coface (*) Directly and indirectly. (a) See also AXA Corporate Solutions Assurance chart page 7. (b) Bank and financial services companies. 21/50

st

AXA

93% (a)

99% (b)

AXA Global Life

(France)

AXA Global P&C

(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

st

AXA
100% Oudinot Participations (France)

Portman Holdings UK Limited

(UK)

99.9% (b)

99.9%

99.9%

78.9%

AXA America Holding Co.

(USA)

AXA Liabilities Managers

(France)

COLISEE RE (a)
(France)

21.1%

Portman Insurance Limited (a)

(UK)

100%

100%

100% AXA LM Switzerland AG (Switzerland)

100% AXA LM GP S..r.l. (Luxembourg))

100% Helix UK Ltd (UK)

99.99%

AXA America Corporate Solutions, Inc. (USA) 100%

AXA Liabilities Managers Inc. (USA)

AXA DBIO (SCA) (Luxembourg)

100% Coliseum Reinsurance Co. (a) (USA) AXA Liabilities Managers (UK branch) Horchrhein Internationale Rckversicherung AG (Germany) 100% 100% AXA Corporate Solutions Life Reinsurance Co. (a) (USA)

100%

Mosaic Insurance Company (a) (USA)

AXA Delaware LLC. (USA) 100% AXA Insurance Co. (USA)

Colise RE's branches: - Canada (a) - Hong Kong (a) - UK (a)

(a) In run off. (b) 0.10% is held by AXA. (c ) New corporate name (formerly AXA LM Investments SCA). 23/50

st

AXA
9.27% 100% AXA Assurances Vie Mutuelle 34.64%

Klnische Verwaltungs AG fr Versicherungswerte

67.71%

Vinci BV

25.63% 23.02%

39.73% 5.1%

AXA Konzern AG
100%

100%

81.99% (c)

100%

75%

100%

AXA BeteiligungsGesellschaft mbH

(Kln)

94.90%

AXA BeteiligungsGesellschaft mbH &

Co. Beteilgungsgesellschaft KG

AXA ART Versicherung AG

AXA Versicherung AG

AXA Lebensversicherung AG

Deutsche rzte Finanz Beratungs und Vermittlungs AG

Deutsche rzteversicherung AG 5.1%

56.33% 41.1% 100% 100% 43.67% 100% 100% 94.9%

Roland RechtsschutzVersicherungs-AG (b)

AXA Bank AG

Pro bAV Pensionskasse AG

AXA Krankenversicherung AG (a)

RWSt Lebensversicherung AG

DBV Deutsche Beamtenversicherung AG

DBV Deutsche Beamtenversicherung Lebensversicherung AG 100%

29.6% (a) Health insurance. (b) Assistance and legal expenses insurance. (c) AXA Beteiligungsgesellschaft mbH also holds 18.01% of the share capital.

winsecura Pensionskasse AG

24/50

st

AXA

AXA ART Versicherung AG (Paris)

AXA ART Versicherung AG (Breda)

AXA Konzern AG (Germany)

AXA ART Versicherung AG (Brussels)

AXA Art Versicherung AG (Luxembourg)

100%

AXA Art Assicurazioni (Milan)

AXA ART Versicherung AG

AXA Art Seguros & Reaseguros SA (Madrid) (Cologne)

100%

100%

100%

AXA Art Insurance Ltd

(London)

AXA Art Versicherung AG

(Zrich)

AXA Art Holdings Inc.

(New York)

100%

100%

100%

AXA Art Services Ltd.

(London)

Fine Art Service International Inc.

(New York)

AXA Art Insurance Corporation

(New York)

25/50

st

AXA

Socit Beaujon (France) AXA Bank Europe (Belgium) 100%

AXA Holdings Belgium (Belgium)

100% 100%

AXA Biztost Zrt.

AXA Bank Europe SA Magyarorszgi Fiktelepe

AXA Szolgltat Kft.

100%

100%

75%

AXA Szemlyes Pnzgyek Tancsad Kft.

AXA Magyarorszg Befektetsi Alapkezel Zrt.

25%

AXA Money & More Pnzgyi Tancsad Zrt.

AXA nkntes s Magnnyugdjpnztr

AXA nkntes Egszsgpnztr

AXA Magnnyugdj pnztr

26/50

st

AXA

100%

AXA Investment Managers (France)

Socit Beaujon (France)

55% 100% National Mutual International Pty Limited (Australia) 45% AXA Investment Managers Asia Holdings Private Limited (Singapore) Graywood Investments Limited (UK) Bharti Overseas Private Limited (India) Bharti India

50% 50%

90%

AXA India Holdings

(Mauritius)

10% 75% minus 100 shares GIBA

10%

22.22%

Bharti Enterprises Limited (India) 45%

45%

75% minus 100 shares

99.99% (a)

40%

37.78%

22.22%

Bharti AXA Life Insurance Company Limited

40%

37.78%

First American Securities Private Limited

Bharti AXA Investment Managers Private Limited

Bharti AXA Trustee Services Private Limited

AXA Business Services

Bharti AXA General Insurance

Bharti Ventures Limited (India)

25% plus 100 shares 25% plus 100 shares

(a) 0.01% held by GRE Nominee shareholdings Ltd. 27/50

st

AXA
100% 100%

AXA ASIA SAS (France)

National Mutual International Pty Limited (Australia)

PT Arya Mitra 14% 80% 80%

PT Bank Mandiri (Persero) Tbk. 51% 49% 99% (a) 100%

100%

P.T. Asuransi AXA Indonesia

P.T. AXA Life Indonesia

PT AXA Mandiri Financial Services

PT AXA Services Indonesia

Wealth Management Mauritius Holdings Ltd

(Mauritius) 99.99% (b) 1.28%

AXA Financial Services (Singapore) Pte Ltd.

(Singapore)

20%

PT Kotak Biru Konsultama

PT Indonesia Emas Perkasa

98.71% (b)

12.96%

87.04%

PT Kotak Biru Investama

6.91%

PT AXA Financial Indonesia

90%

93.09%

(a) 1% held by Detura Limited (Bristish Virgin Island). (b) 0.01% held by National Mutual International. 28/50

PT AXA Asset Management Indonesia

10%

st

AXA

AXA UK Plc (UK)

AXA Mediterranean Holding S.A. (Spain)

Guardian Royal Exchange Plc (UK)

AXA MPS Assicurazioni Vita S.p.A. (Italy)

100%

100%

AXA Insurance plc (UK) 100% 100%

AXA Life Europe

AXA Global Distributors (Ireland) Limited

AXA Holdings Ireland Limited

AXA MPS Financial Ltd

100%

AXA Ireland Limited

100%

49% (a)

100%

100%

100%

AXA Life Europe German Branch AXA Ireland Pension Trustees Limited AXA Life Europe Portuguese Branch AXA Assistance Ireland Limited AXA Insurance Limited AXA Group Services Limited AXA Financial Limited

(a) 51% by AXA Assistance Limited 29/50

st

AXA

98.24% (a)

AXA Mediterranean Holding S.A. (Spain)

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

AXA France Assurance (France)

AXA Italia S.p.A.

AXA France Vie (France)

98.11% (b)

50%

AXA Assicurazioni S.p.A.

AXA France Vie Italy Branch

AXA MPS Assicurazioni Danni S.p.A. AXA MPS Assicurazioni Vita S.p.A.

50%

50%

50%

47,85%

100%

100%

99%

100%

100%

Porta Romana Immobiliare S.r.l

Centurion Immobiliare S.p.A. 52.15%

Distribuzione Previdenza S.r.l.

QUIXA S.p.A.

AXA Interlife S.p.A.

AXA MPS Financial Limited (Ireland)

1%

(a) AXA France Vie holds 1.76% of the paid-up capital. (b) AXA France Vie ltaly Branch also holds 1.88% of the paid-up capital. 30/50

st

AXA
AXA Versicherungen AG (Switzerland) 78.83%

AXA Japan Holding Co., Ltd

20.01%

AXA Leben AG (Switzerland)

100%

100%

100%

97.25% (a)

AXA Life Insurance Co., Ltd

AXA General Insurance Co., Ltd

AXA Collection Services Co. Ltd.

NEXTIA Life Insurance Co., Ltd

(a) 2.75% held by Softbank Corp. 31/50

st

AXA

AXA Mediterranean Holding, S.A. (Spain) 100% 99.94% (a)

AXA Seguros, S.A. de CV

(Mexico)

Voltaire Participaoes
(Brazil)

99.99%

99.99%

50%

99% (b)

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

Servicios Immobiliarios la Comercial, S.A. de C.V.

0.01% 50%

Inversiones Corporativas Automotrices, S.A. de C.V.

Proyectos y Servicios de Fuerzas en Venta, S.A. de C.V.

98% (c)

98% (c) Administradora de Recursos Humanos y Administrativos, S.A. de C.V.

98% (c) Promotora y Administradora de Fuerza Azul, S.A. de C.V.

98% (c) Consultoria y Asesoria en Servicios Corporativos y de Administracin, S.A. de C.V.

50%

50%

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

Fundacin AXA, A.C.

8.33%

8.33% 66.66% 50% 50% (a) 0.06% held by minority shareholders. (b) 1% held by Administradora de Recurso Humanos y Administrativos, S.A. de C.V. (c) 2% held Inversiones Corporativas Automotrices, S.A. de C.V. 32/50

Caja de Empleados, S.C.

8.33% 8.33%

Universidad AXA, A.C.

st

AXA

AXA Holdings Belgium

(Belgium)

99.99%

Vinci B.V. (Netherlands)

AXA Luxembourg SA
100%

99.99%

99.99%

99.95% (a)

100%

Finance Solutions S.r.l. ("Finso")

AXA Assurances Luxembourg

0.01%

AXA Assurances Vie Luxembourg

CONTERE

Matignon Finance S.A.

75%

25%

Immochapelle

(a) 0.05% held by AXA Bank Europe (Belgium). 33/50

st

AXA

100%

National Mutual International Pty Limited (Australia)

45% (b)

First Metro Investment Corporation (Philippines)

42.4%

49%

28.2%

GT Capital Holdings, Inc. (Philippines)

25.3%

AXA-AFFIN General Insurance Berhad

(Malaysia)

AXA AFFIN Life Insurance Berhad

(Malaysia)

Philippine AXA Life Insurance Corporation

(Philippines)

100%

33.6% (a)

51%

AXA Management Services Berhad (c)

AFFIN Holdings Berhad (Malaysia)

(a) Felda holds 16% and minorities.hold 8% of the paid-up capital. (b) 1.5% held by other shareholders. (c) New corporate name (formerly BHI Insurance).

34/50

st

AXA

AXA Mediterranean Holding, S.A. (Spain)

Groupe SLF
49% 99.98% 95% (a)

49%

AXA Middle East SAL Lebanon

2%

AXA Holding SAL Lebanon

AXA Gulf Holding W.L.L. (Bahrain)

18%

50%

50%

AXA Insurance (Saudi Arabia) B.S.C.(c)

(Bahrain)

AXA Insurance (Gulf) B.S.C.(c)

(Bahrain)

32%

AXA Cooperative Insurance Company (d)

50%

50%

99% (b)

YBA Kanoo Group ASC F.Z. L.L.C.

(a) 5% held by Socit Beaujon (France). (b) 1% held by AXA Insurance (Saudi Arabia) B.S.C.(c). (d) 40% held by public shareholding and 10% by other Saudi minority shareholders. 35/50

st

AXA
AXA France Assurance (France) 100%

AXA France IARD (France)

AXA France Vie (France)

AVANSSUR (France)

AXA Holding Maroc

100%

AXA France IARD (branch)

AXA France Vie (branch)

AVANSSUR (branch)

AXA Assurance Maroc

99.9%

100%

94.10%

87.16%

99.70%

50%

49%

Assia

St Gestion et Surveillance "SGS"

RECAB / Somafic

AXA Credit (a)

Epargne Croissance

Force 2

ONA Courtage

(a) New corporate name (formerly ACRED). 36/50

st

AXA

AXA France Assurance

(France)

Socit Beaujon
(France)

Avanssur
(France) 8.11%

91.89%

100%

100%

Avanssur
Poland Branch

AXA ycie Towarzystwo Ubezpiecze S.A.

("AXA ycie TU S.A.")
(life)

AXA Powszechne Towarzystwo Emerytalne S.A.

("AXA PTE S.A.")
(Pensions)

AXA Towarzystwo Ubezpiecze i Reasekuracji S.A.

("AXA TUiR S.A.")
(non life)

100%

100%

AXA Towarzystwo Funduszy Inwestycyjnych S.A.

("AXA TFI S.A.") (Mutual fund)

AXA Polska S.A.

(Service & Distribution)

37/50

st

AXA

AXA Mediterranean Holding S.A. (Spain)

AXA Corporate Solutions Assurance (France)

AXA France Assurance (France)

AXA France Vie (France) 100% 83.02% 9.07% 5.37% 87.63%

Seguro Directo Gere Companhia de Seguros SA

AXA Portugal Companhia de Seguros SA (a)

2.27%

AXA Portugal Companhia de Seguros de Vida SA

7.46%

100%

AXA Mediterranean Servicies, AEIE AXA ITMED Unipessoal, Lda AXA MEDLA IT & local support services SAU
(Portuguese branch) (Portuguese branch)

AXA Centro de Servio a Clientes, ACE

AXA Mediterranean Systems, AEIE

(Portuguese branch)

(a) Less than 0.5% of the shares are still owned by the public. 38/50

AXA Group Solutions Solues Informticas, AEIE

st

AXA

Socit Beaujon (France)

99.99%

AXA Life Insurance SA

39/50

st

AXA

National Mutual International Pty Limited

(Australia)

AXA ASIA SAS

(France)

100%

100%

100%

100%

100%

ipac porfolio Management (Dublin) Limited

(Ireland)

ipac financial planning Taiwan limited

(Taiwan)

AXA Financial Services (Singapore) Pte Ltd

(Singapore)

AXA Insurance Singapore Pte Ltd

(Singapore)

AXA Asia Regional Centre Pte Ltd

(Singapore)

100%

100%

100%

ipac financial planning Singapore private limited

(Singapore)

AXA Wealth Management Singapore Pte. Ltd.

(Singapore)

AXA Life Insurance Singapore Private Ltd

(Singapore)

40/50

st

AXA

AXA Holdings Belgium

(Belgium)

Socit Beaujon
(France)

AXA pojiovna a.s.

(Czech Republic)

AXA ivotn pojiovna a.s.

(Czech Republic)

AXA Bank Europe (Belgium)

AXA investini spolenos a.s.

(Czech Republic) 100% 100% 100% 100%

AXA pojiovna a.s., poboka poisovne z inho lenskho ttu

AXA investini spolenost a.s.,

organizan zloka Slovensko

AXA Services, s.r.o.

EX-SR a.s. v likvidcii (a)

AXA d.s.s., a.s.

AXA d.d.s., a.s.

AXA Bank Europe, poboka zahraninej banky

AXA ivotn pojivna a.s., poboka poisovne z inho lenskho ttu

(a) In liquidation. 41/50

AXA

94.52%

AXA General Insurance

42/50

st

AXA
100%

AXA Mediterraenan Holding, S.A.

99.99%

100%

100%

99.89%

100%

100%

75% (c)

99.81%

Hilo Direct, Seguros y Reaseguros S.A.

AXA MEDLA IT & Local Support Services, S.A.

AXA Regional Services, S.A.

AXA Seguros Generales, S.A. de Seguros y Reaseguros

AXA Pensiones, S.A. E.G.F.P.

AXA Tigris, S.A.

AXA Technology Regional Services Mediterranean & Latin America S.A

AXA Vida, S.A. de Seguros y Reaseguros

100%

50% (a)

51% (b)

100% AXA Exclusiv, Seguros e Inversiones, Agencia de Seguros S.A.

100%

100%

100% Puntos Azules Asesores de Seguros Agencia de Seguros S.A. 95%

66.66% 33.33%

98.51%

Asesores Hilo Direct Agencia de Seguros S.A.

Webinsurance Partners, S.L.

AXA MBASK (Azerbaijan)

Auxiliar de Seguros, Sociedad Agencia de Seguros, S.L.

Asesores de Seguros, Asegur Agencia de Seguros, S.A.

Fundacin AXA

AXA Aurora Vida, S.A. de Seguros y Reaseguros

5% Gestin Iberoamericana de Servicios, sociedad annima de capital variable

100%

AXA Ibercapital Agencia de Valores, S.A.

(a) AXA Group Solutions (France) holds 50% of the paid-up capital. (b) Mr. Garibov holds 49% of the paid-up capital. (c) 25% are held by AXA Technology Services (France).

43/50

st

AXA

51.53%

78.64%

99.9%

86.56%

AXA Sngal
(Senegal)

AXA Cte d'Ivoire

(Ivory Coast)

14.78%

AXA Cameroun
(Cameroon)

2.55%

AXA Gabon
(Gabon)

4.33%

44/50

st

AXA

100%

AXA Versicherungen AG

100%

66.67%

AXA Leben AG

AXA-ARAG Rechtsschutz AG

45/50

st

AXA

100%

National Mutual International Pty Limited (Australia)

TISCO

UOB 25% (b)

10%

24.99%

22.06%

49%

AXA Insurance Public Co. Ltd (a)

38.26%

ASM Holdings Limited

Krungthai-AXA Life Insurance Company Limited

50%

Krungthai Bank Public Company Limited (Thailand)

(a) 1.38% held by Vilailuck International Holding Co. and 3.31% by other minorities. (b) 25% held by other shareholders. 46/50

st

AXA
AXA Mediterranean Holding (Spain)

50%

AXA Holding A.S.

50%

T.C. Ziraat Bankasi

19.65% 100% 72.55%

AXA Hayat ve Emeklilik A.S.

(L&S / PPP)

AXA Sigorta A.S.

(non life)

7.55 0.25%

TPAOPV (a) Others

(a) Turkisch Petroleum Corporation Personnel Foundation. 47/50

st

AXA

50.29%

50% plus 1 share

AXA Insurance

AXA Ukraine

48/50

st

99.9%

AXA
53.1%

AXA Equity & Law Plc

46.9%

AXA UK PLC
100% 100% 100% 100%

100%

100%

Bluefin Group Limited

100% 100%

GBI (Holdings) Limited

Guardian Royal Exchange PLC

100% 100%

Architas Advisory Services Limited

Architas Multi-Manager Limited

AXA Sun Life Direct limited

100%

100% Bluefin Insurance Group Limited SBJ Group Limited Swiftcover Insurance Services Limited AXA Insurance Plc AXA Services Limited

100%

100%

Sun Life Corporation Plc

100%

AXA Portfolio Services Limited

Winterthur UK Financial Services Group Limited

100% Winterthur Financial Services UK Holdings Limited

100%

100%

100%

100% Bluefin Advisory Services Limited AXA Holdings Ireland Limited (Ireland) (1) AXA Insurance UK PLC AXA PPP Healthcare Group PLC

Winterthur Life UK Holdings Limited

100% 100% 100% 100%

AXA PPP Healthcare Limited

AXA Wealth Services Limited

AXA Wealth Limited

Winterthur Trustee Services Limited

(1) See also Ireland chart page 29. 49/50

100%

AXA
0.01%

Oudinot Participations
(France)

99.92%

AXA America Holdings

99.49%

AXA Financial, Inc.

100%

AXA Equitable Financial Services, LLC

9.10% (a)

100%

100%

100%

100%

100%

AXA Equitable Life Insurance Company

AXA Equitable Life and Annuity Company

AXA Distribution Holding Corporation

AXA Financial (Bermuda) Ltd

MONY Life Insurance Company

36.60% (b)

100%

100%

100%

100%

100%

100%

100%

100%

AllianceBernstein L.P.

AXA Distributors LLC

AXA Equitable Funds Management Group, LLC

PlanConnect, LLC

AXA Network, LLC

AXA Advisors, LLC

MONY Financial Services, Inc.

MONY Life Insurance Company of America

U.S. Financial Life Insurance Company

(a) 5.63% of which is indirectly held through AXA Financial (Bermuda) Ltd. and 3.47% of which is indirectly held through MONY Life. (b) Directly and indirectly. 50/50