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AXA launches tender offers for two series of subordinated bonds

The AXA group announced today that it is launching a public cash purchase offer for two series of its subordinated bonds issued by AXA SA. These offers concern respectively an amount of GBP 350 million of Fixed Rate then Floating Subordinated Notes without Maturity Date issued on July 6, 2006, and GBP 723.925 million of Resettable and No Maturity Subordinated Notes issued on November 7 2014.

These offers will expire on March 4, 2024 at 5:00 p.m. Central European Time, unless extended or earlier closed at AXA's discretion. They are part of the strategy of active management of the group's debt structure, making it possible to further optimize its capital base.

Additional information regarding these offers is available on the AXA Group website and from Kroll, the offers and information agent. Questions about submission procedures can be directed to Kroll.

R. H.

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