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Exploring the challenges faced by the working population, the latest AXA Mind Health Study uncovers a concerning paradox in businesses of all sizes worldwide. Despite evidence indicating work-related mental health issues, most employees don’t perceive work as the main source of their difficulties. In fact, fewer than a quarter attribute their mental health challenges to their jobs, highlighting a significant disconnect from the actual causes of their struggles. High Levels of Work-related Mental Health Issues in the Philippines The study determined consequences of the work environment and asked respondents to assess whether they experience any of the following: tiredness, trouble sleeping, stress and anxiety, loss of interest, difficulty concentrating, loss of self-confidence, feeling of worthlessness, and appetite or eating disorders. Local numbers revealed that 87% of Filipino workers experience at least one of these consequences, 11% higher than the global average (76%).  Moreover, half of the Filipino workforce experience more than four of these consequences and at significantly higher rates than the global numbers (mostly over 10%).  Drawing from firsthand experiences, an employee at a local firm observed that mental health challenges manifest in different forms like sudden mood shifts, moments of zoning out, or appearing lost in thought. "95% of the time there are no noticeable signs, at least for me. I just realized I had an episode after.” Disengagement and Burnout The repercussions of poor mental health in the workplace are leading to significant disengagement. 85% of Filipino employees are contemplating stepping back from work, with 68% considering quitting or changing jobs.Due to their emotional well-being in the workplace, many Filipino workers are disengaging by taking training courses to change jobs (57%), working remotely so they do not have to come to the workplace (54%), or taking sick leave (50%). In particular, 31% have taken sick leave due to mental or psychological health issues. Burnout is another critical issue, with 33% of respondents experiencing it in the past year, well above the global average of 20%. Alarmingly, only 22% of those who experienced burnout sought help from healthcare professionals, highlighting a gap in mental health support. Employee Satisfaction Towards Company Support On a positive note, Filipino employees are more likely to seek support from their managers compared to their global counterparts (64% vs. 46%). Furthermore, 71% feel that their companies are taking action to care for their mental health, compared to 57% globally. Satisfaction with company support during personal difficulties is also relatively high at 68%, though it drops to 58% for those experiencing burnout. Given the variety of mind health problems and difficulties encountered in the workplace, businesses should have a diverse range of solutions on their radar to meet everyone's needs. Part of the findings of the report is to establish a better understanding of how they can take action. It determined several key initiatives straight from the respondents. For example, Filipino employees expect their employers to provide mental health workshops and seminars (49%), access to external consultation services (43%), and designated mental health days (38%). Notably, Filipino workers show a stronger preference for mental health education compared to the global average (49% vs. 36%). The Path Forward for Employers The AXA Mind Health Report underscores the importance of employers raising awareness about mental health, identifying early signs of distress, and promoting help-seeking behaviors. By adopting a holistic approach to mental well-being that considers both personal and professional factors, companies can reduce absenteeism, boost productivity, and foster a supportive work environment.  “Prioritizing the health of employees and recognizing how critical it is to ensure they maintain a positive state of being in and out of the workplace is a business imperative. I always believe that at the center of every business is their people. And we can’t be fully achieving success without empowering this core. As Patrick Cohen, CEO of AXA Europe and Health, puts it: when people’s mind health improves, they flourish, and in turn, so do our businesses and economy,” said Sharon Hernandez, Chief Human Resources Officer of AXA Philippines. At AXA Philippines, employee-centric initiatives designed to promote wellness are being led aside from having basic health benefits. This includes the Employee Assistance Program (EAP), an online counseling platform to give employees direct access to a mental health professional. Employees can also choose to join clubs and workshops of various interests such as mountaineering, football, dance, and singing, among others. Achieving work-life balance is also crucial for employees to succeed in all aspects of their lives. AXA’s policies and programs allow them to juggle their personal and professional responsibilities effectively, ensuring they can pursue their goals without compromising their well-being. The company also takes the time to provide opportunities for its people to come together and offer their time and skills to champion various social impact initiatives through AXA Week for Good as well as enhance their capabilities and pursue further success through expert-led talks and training sessions during AXA Week for Growth. For more information about AXA Philippines' commitment to holistic well-being for all, visit https://www.axa.com.ph.  ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

As the new year begins, many are setting intentions for better health, balance, and well-being. Mental health is increasingly part of that conversation. Yet while Filipinos are more aware than ever about mental health, they are unsure about the actions to take.This insight reflects one of the key findings of the latest AXA Mind Health Study, which shows that the Philippines ranks among the highest globally when it comes to mental health awareness, with 65% of Filipinos stating they are aware of mental health issues. However, the study also reveals a concerning gap: only about a third of those surveyed stated knowing what to actually do when faced with mental health challenges, whether for themselves or others. Paula Ferrer Cheng, Head of Research and Development at Mind You, AXA Philippines’ partner in mental health, states that it is not enough to know what anxiety looks like, people need to know what to do. “Awareness without action leaves people stuck, and in some cases, vulnerable to worsening conditions. That’s why education must go hand-in-hand with any awareness effort. We need to ensure that Filipinos not only recognize mental health issues but also know how to respond. Without that, we risk letting early warning signs escalate into long-term distress.” According to Cheng, this disconnect between awareness and action poses real risks. Without clear knowledge on how to respond to prevailing mental conditions, the health issues may go unnoticed and result in long-term emotional and economic tolls.  The AXA study found that individuals who are well-informed about mental health -- those who know the signs, available support, and how to respond -- are significantly more likely to report positive mental well-being and experience better outcomes than those who do not consider themselves well-informed.  “Awareness is an important first step, but real progress happens when people know they can take action with the right support,” said Ayman Kandil, CEO of AXA Philippines. “Guided by our purpose to act for human progress, AXA stands as a partner to Filipinos—helping them know they can take meaningful steps toward better mind health through access to practical, reliable resources and solutions.” A New Tool for Mental Health Awareness AXA has committed to helping address this gap through various initiatives, which include the launch of the free and anonymous Mind Health Self-Check tool, an innovative digital tool designed to give individuals a clear, accessible overview of their emotional wellbeing. With a clear understanding of their emotional wellbeing, individuals can better manage their mental state.The AXA Mind Health Self-Check evaluates three critical areas of a person’s life: Current State of Mind, Skills and Beliefs, and Lifestyle. By answering a set of detailed questions, users receive a single Mind Health Index score, developed using AXA’s proprietary methodology, that ranges from 0 to 100. This score falls under one of four distinct categories: Flourishing (68+): The highest level, indicating excellent emotional, social, and psychological wellbeing. Getting By (57-68): A stable state with some positive aspects, but not fully flourishing. Languishing (43-57): A state with low motivation and wellbeing, signaling the need for improvement. Struggling (<43): Indicates difficulty and distress in many areas, often associated with emotional and psychosocial impairment. “The findings we see aren’t isolated,” Cheng notes. “They reflect deeper strain that builds over time and highlights the need for early, compassionate support.” On a separate study conducted by Mind You, among 15,206 employees surveyed, the top reason for seeking help was simply the need for someone to talk to (28.01%), showing that connection and safe spaces matter. With 80% of help-seeking driven by emotional distress rather than clinical diagnosis, and growing curiosity about mental health services (6.07%), the findings point to a cultural shift toward empathy and openness at work. “When people don’t know how to respond to mental health challenges, they may delay getting support—impacting both their personal wellbeing and their livelihoods,” Kandil stressed. “Filipinos who are more informed are better equipped to take action and to thrive. This is why we believe it’s crucial to move from awareness toward practical solutions that empower individuals to care for their mind health. Through tools like the AXA Mind Health Self-Check and comprehensive health plans that safeguard holistic well-being, we aim to be a trusted partner in that journey.” Check out the AXA Mind Health Self-Check tool to access actionable self-care guides, tips, and advice that can help you build self-awareness and make informed decisions about your mental well-being. To support you beyond awareness, AXA’s health plans offer free mental health counseling, while its latest superior critical illness plan, Health Max Elite, provides coverage for select mental health conditions—helping safeguard your well-being at every stage. To learn more about AXA’s holistic health programs, visit here. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

AXA Philippines, one of the largest and fastest growing insurance companies in the country, recently shared the latest results of its AXA Mind Health Report.According to the report, there is a surge in stress, anxiety, and depression among Filipinos, yet mental health remains stigmatized and overlooked. Raising awareness and fostering open discussions are crucial to ensuring access to support and resources for all.In this fourth edition, AXA and its market research partner IPSOS, focused specifically on understanding the working population’s mental health and wellbeing issues as well as providing actionable solutions to help mitigate them.  Prioritize Mental Health The 2024 AXA Mind Health Report reveals alarming rates of mental distress among young Filipino employees, particularly 18-24-year-olds, who are disproportionately affected by severe anxiety, stress, and depression compared to older age groups. In fact, 48% of 18-24-year-olds and 42% of 25-34-year-olds reported suffering from mental health conditions, significantly higher than the total population (34%) and their older counterparts.  When it comes to employee expectations for mental health support, 83% of Filipino respondents agreed that mental health benefits and initiatives are very important and will influence their decision to stay in their current company. Specifically, 43% said that companies can better support them by providing access to mental health professionals, while 38% mentioned extended medical policy to cover mental health care.  Foster a Culture of Open Communication and Feedback  Many young employees feel unheard and undervalued in the workplace. Based on the report’s Mind Health Index which categorizes an individual's mental well-being into four distinct states: flourishing, representing the pinnacle of good mind health; getting by, describing those who may have some areas of good well-being but not enough to reach the state of flourishing; languishing, representing the absence of positive wellbeing; and struggling, reflecting the absence of wellbeing in most areas – a significant portion of under-25s is "languishing" or "struggling" with their mental well-being, often due to difficulty in acknowledging their own challenges or seeking assistance. 29% of the surveyed Filipinos said that training/coaching to managers on how to be a good people manager can help them have a better workplace experience. Two out of three would also ask support from their manager due to work impact on their psychological well-being. This means that employees are open to share their thoughts, ideas, and concerns, if given the opportunity such as during regular check-ins, one-on-one meetings, or team discussions. Actively seeking feedback and acting on it may also show employees that their opinions matter.  Promote Work-Life Balance A third of the surveyed individuals in the study admitted experiencing burnout, with a higher incidence among the youth. This is because young professionals are more likely to find work demands unmanageable, making it difficult for them to keep up with the pace of change. Additionally, they may lack the soft skills needed to better manage their workload, as they are just beginning their careers. Beyond offering flexible work arrangements, such as remote work options, flexible hours, and generous vacation policies, 38% of surveyed Filipinos said that it’s important for them to also have mental health care days, or any programs that encourage them to take breaks, disconnect from work during non-work hours, and prioritize their well-being. Provide Opportunities for Raising Mental Health Awareness  The report further analyzes that younger generations are particularly affected by issues such as technology addiction, social media, body image, and uncertainty about the future. When these concerns are coupled with lack of proper guidance and awareness, they can lead to feeling lost and disengagement.  While learning and development training sessions for career advancement encourage employees to explore their interests and develop new skills, 49% of Filipino respondents shared that they also appreciate access to comprehensive mental health resources, including workshops that improve their mental health knowledge and practice. Such special well-being courses can help them better manage and understand certain psychological stress that they may experience at work. Create a Positive and Inclusive Workplace Culture Of the total respondents that experienced burn out due to work, two out of five were not satisfied with the way their company reacted or provided support. This shows how further companies still have to go.The report also identified common obstacles to care among young people, including stigma, financial concerns, and apprehensions regarding confidentiality. This emphasizes the need for more young people to access the right support and find a safe space that can safeguard their mental well-being during this crucial phase of their lives. A workplace that openly celebrates diversity, encourages teamwork, and recognizes employee contributions, not only fosters social interaction and team building but also strengthens relationships and, ultimately, cultivates a sense of community. Rea Villa, senior psychologist of Mind You, emphasized, “Initiatives like these not only provide immediate relief from stress but also play a crucial role in building psychological resilience over time. Regular access to counseling and mindfulness practices can significantly reduce the risk of long-term mental health issues, such as anxiety and depression, by equipping individuals with coping mechanisms and promoting emotional regulation.” Through its partner, Mind You, an organization committed to providing cost-effective, accessible mental health support for both individuals and large working communities, AXA Philippines offers healthcare and critical illness plans that cover mental health counseling by licensed psychologists. Within the organization, AXA recognizes the importance of employee well-being and has implemented various programs and initiatives to support its workforce. A range of Mind Health initiatives were made available such as access to free counseling services, stress management workshops, and mindfulness programs.  For more information about AXA Philippines' commitment to holistic well-being for all, visit https://www.axa.com.ph. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

AXA’s fourth edition of the Mind Health Report revealed that Filipinos exhibit a higher prevalence of mental health conditions, from mild to severe depression and stress, compared to the global average. The study, conducted in collaboration with IPSOS, involved a total of 16,000 respondents across 16 countries and territories in Europe, Asia, and America to identify mental health and wellness issues in global society to build solutions to mitigate them.  The AXA Mind Health Index categorizes an individual's mental well-being into four distinct states: flourishing, representing the pinnacle of good mind health; getting by, describing those who may have some areas of good well-being but not enough to reach the state of flourishing; languishing, representing the absence of positive wellbeing; and struggling, reflecting the absence of wellbeing in most areas.  The study noted an increase in the number of Filipinos who are struggling, with a rise of 5 points to 14% overall while a third remains to be getting by (down to 35% from 39%). Comparatively, the Philippines has a higher percentage of individuals considered as flourishing, at 27% compared to the global average of 24%. However, there is a similar proportion of individuals experiencing severe levels of depression, anxiety, or stress compared to global figures. One out of five Filipinos is suspected of suffering from severe or extremely severe depression, anxiety, or stress, with rates at 21% in the Philippines compared to the global average of 23%.  A concerning trend in women’s mental health  Filipino women are disproportionately affected by mental health conditions, reporting higher levels of depression, anxiety, and stress compared to men. In 2023, for example, 13% of women experienced severe depression, compared to 8% of men; 6% of women experienced severe anxiety, while only 3% of men did; and 22% of women reported severe stress vs 16% of men.  Factors contributing to this include lower levels of self-acceptance among women, potentially exacerbating mental health triggers such as body image issues and gender discrimination. Moreover, the unequal distribution of household chores may leave women with limited time to prioritize their mental well-being through relaxation, healthy habits, and social interaction. The statistics paint a stark picture of how different the experience of Filipino women may be compared to men in society. Behind these numbers lie deeply personal realities, as shared by individuals grappling with their mental well-being. In Manila, a young woman in the corporate world faces the dual challenge of asserting herself in a male-dominated workplace and meeting traditional care-taking obligations at home. She said, "I find it hard to have to assert myself more since higher ups and other male colleagues don't take me as seriously. On top of that, I have to rush home to cook and clean up at home since as the daughter in the family, I’m expected to be the care giver as well."  Similarly, a woman in her mid-20s shares how her concern for personal safety in using public transportation adds to her stress. She said, “I'm extra paranoid with my safety when commuting daily as my only efficient option is a motorcycle ride-hailing service. It just feels extra scary being a woman."  From workplace discrimination to common daily life concerns, these narratives underscore the urgent need for greater awareness, support, and resources to address the issues that could affect the mental health of women in the country.  A need for more intentional support Mental health conditions are largely preventable with accessible and comprehensive support. This is why AXA leverages the Mind Health Study to equip individuals and businesses with the insights they need to foster positive mind health, contribute to effecting change in society, and ultimately become fit to flourish.  The latest findings further motivate AXA to enhance its continuous initiatives to make healthcare solutions and services more accessible to all. As a global leader in insurance and investment protection, AXA leads various initiatives for women’s health and financial wellness. AXA Philippines offers access to financial education and comprehensive medical and critical illness plans with benefits tailored to their needs. These plans include mental health counseling by licensed psychologists through its partner, Mind You. “Prioritizing mental health isn't just an option; it's a necessity for navigating life's challenges with resilience and clarity,” Nandy Villar, AXA Philippines Chief Marketing Officer, emphasized. “Within AXA, we start by fostering a culture of inclusivity. Because in an environment where everyone is valued and has equal opportunities, people thrive. Beyond the organization, we aim to empower individuals with the tools and tailored fit protection plans that will help safeguard their mental well-being for a risk-ready future.” For more information about AXA Philippines' commitment to holistic well-being for women and for all, visit https://www.axa.com.ph/multimedia/articles/being-a-woman-shouldnt-be-a-risk. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

Manila, Philippines, December 16, 2025 — AXA Philippines, one of the country’s largest and fastest-growing insurance providers, capped 2025 with multiple wins across global and local award-giving bodies, including the Global Insurance Innovation Awards 2025, Golden Arrow Awards 2025, 16th Asia CEO Awards 2025, Tripzilla Excellence Awards 2025, Marketech APAC’s NEXT Awards 2025, Great Place to Work® Certification, and the Philippine Daily Inquirer and Statista's Best Employers in the Philippines. These recognitions highlight AXA’s leadership in digital innovation, customer experience, corporate governance, employee engagement, and social responsibility. At the Global Insurance Innovation Awards 2025, AXA Philippines received honors for Excellence in Digital Innovation and Best Mobile Insurance App for its breakthrough platforms SWITCH and EMMA by AXA PH. SWITCH streamlines the distributor journey with real-time updates and automated workflows, while EMMA by AXA PH empowers customers with easier policy access, secure payments, and digital support. The company was also recognized with a One Golden Arrow at the Golden Arrow Awards by the Institute of Corporate Directors (ICD), as one of the companies that meet high standards of corporate governance, as assessed through the Annual Corporate Governance Scorecard (ACGS). “This distinction reflects our shared vision as One AXA and underscores the strength of our governance journey — from Board oversight to risk management, ethics, and stakeholder value creation. For decades, we have stood at the forefront of the insurance and financial services industry, guided by our purpose of acting for human progress by protecting what matters,” said Ayman Kandil, AXA Philippines CEO.  AXA Philippines was also recognized among the Circle of Excellence finalists at the 16th Asia CEO Awards 2025 for Wellness Company of the Year for its Awesome AXA program and for CSR Company of the Year for the AXA Hearts in Action initiative.  Launched in 2024, The Awesome AXA Program unites employee engagement and holistic wellness, ensuring employees feel supported in all aspects of their lives, while its AXA Hearts in Action global volunteering initiative includes key programs like the AXA Forest in Laguna, AXA Clean Water Project, AXA Week for Good, and Financial Literacy workshops.  In travel insurance, AXA's commitment to empowering Filipino travelers earned multiple recognitions. The #GoBigWithAXASmartTraveller campaign won the Silver Award for Most Innovative Public Relations Campaign at Marketech APAC’s NEXT Awards 2025, encouraging Filipinos to pursue their travel plans with confidence through stronger protection.  Complementing this achievement, AXA Smart Traveller was once again named Best Travel Insurance (Single Trip) at the Tripzilla Excellence Awards 2025, marking the second consecutive year of recognition. Together, these honors underscore AXA's dedication to providing comprehensive travel protection that enables Filipinos to enjoy their dream vacations with confidence.  Reflecting AXA's culture of care and commitment to empowering employees to thrive, AXA Philippines has also been certified as a Great Place to Work® for the fifth consecutive year and made an exceptional leap as one of the Best Employers in the Philippines, moving from rank 203 to rank 26 among 300 companies recognized by the Philippine Daily Inquirer and Statista.“These awards remind us that when we take care of our people, they are empowered to take even better care of our customers. As we close the year, we remain focused on what matters—enabling our customers to feel protected, supported, and confident with AXA by their side,” Ayman concludes.ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

When natural disasters strike, the toll on lives and livelihoods is immediate and devastating. Earthquakes alone underscore how fragile communities can be, and it’s just one of many escalating global risks such as climate change, health crises, and economic volatility. For insurers, the challenge is no longer just about paying claims after the fact, but about helping people and societies prevent loss before it happens.  This shift from reaction to prevention sits at the heart of AXA’s global strategy, according to Thomas Buberl, AXA Group CEO, and Hassan El‑Shabrawishi, AXA International Markets CEO. During their recent visit to the Philippines, the two leaders from AXA shared how one of the world’s largest insurers is rethinking its role amid intensifying risks. Shifting to Risk Prevention “Risks all over are increasing, the price of risk is increasing, and often, the assumption is that the cost of insurance goes up with it, when in reality, it doesn’t have to,” Buberl explained. “Insurance is a very important tool for social cohesion. The single biggest shift that we need to achieve is to help people with more prevention to mitigate the impact of risks. Because behind each claim is the tragedy of families and a lot of pain, our goal should not only be to pay for losses but to help prevent them from happening in the first place. For example, after Hurricane Katrina devastated communities and infrastructure in the U.S., many sectors—government, private, and individuals alike—learned valuable lessons. When Hurricane Irma hit years later along a similar trajectory, the damage and claims were significantly lower because people were better prepared. This shows that with the right preventive mindset, we can reduce risks and protect lives, anywhere in the world.”  For AXA, that means investing early in health, workplace safety, and climate‑resilient infrastructure. El‑Shabrawishi noted that this mindset has been embedded early on for AXA. “We were pioneers in talking about prevention as a new competitive advantage for our business,” he said. “We’ve done concrete things on healthcare, launched networks of clinics, and invested in workplace prevention. These are not words, these are actions on the ground.” The idea, Buberl added, is that prevention must be collective. “You can prevent your home from being more exposed to winds or floods by taking necessary precautions. But we also need to do it in partnership with governments, with communities, because a lot of the time, they are the ones who end up paying a large part of the cost. They, too, have an interest in working with us to ensure that the bill—and the human toll—goes down.” Climate Transition AXA’s push for prevention is intertwined with its climate transition agenda. Years before the 2015 Paris Agreement, the company began phasing out investments in coal and tobacco and redirecting capital toward sustainable assets. “We are on the one hand a big investor,” Buberl recalled. “At the time we were investing in coal, in tobacco, and sometimes these areas had very attractive returns. But if you looked at the natural catastrophe claims and the health claims, it made no sense to tolerate more claims when we could instead help reduce them. That’s why we stopped investing in coal and tobacco to help prevent those tragedies before they happen. Then we helped industries that want to transition go on this journey.” This realignment, he said, was not about being a “nice corporate citizen” but about ensuring that the business model itself was sustainable. “It was really inherent in the business model,” Buberl said. “We need to do everything on the investment side and on the underwriting side to make the climate transition a reality.” Local Context In emerging markets like the Philippines, AXA’s strategy is being tested on two fronts -- climate resilience and financial inclusion. With natural hazards a constant threat and insurance penetration hovering around just two percent of GDP, the opportunity and responsibility are both immense. “The Philippines ticks every box when it comes to long‑term potential,” said El‑Shabrawishi. “It’s a very well‑diversified GDP with immense growth that we see even more potential coming in.” The country’s mix of services, industry, and agriculture, he added, makes it “a very resilient economy for the future.” But resilience requires inclusive protection. Through digital platforms like Grab, GCash, and Home Credit, AXA is expanding access through simple, accessible coverage under its global business unit, AXA EssentiALL. Operating in 13 emerging and 8 mature countries and serving more than 17 million customers worldwide, AXA EssentiALL was established to focus on underserved sectors, from informal workers to small business owners. At the same time, AXA’s long-standing partnership with Metrobank, which pioneered bancassurance in the country, continues to play a pivotal role in advancing financial inclusion. Through Metrobank’s extensive nationwide network, AXA is able to reach more Filipinos and provide them with comprehensive protection and financial wellness solutions. El‑Shabrawishi said these efforts are driven by a deep understanding of real customer needs. “Awareness is not the issue. For someone to take part of their disposable income to buy a product, it has to provide value for them. That’s why we first understand their needs and build something around it, not just push products on them.” As the world confronts mounting environmental and social risks, Buberl offers a reminder to policymakers and business leaders alike. “Look at insurance as a supporter and enabler of economic and societal development, not as a necessary evil.” In that sense, prevention is not just a business philosophy but more a collective responsibility, one that determines how societies recover, rebuild, and thrive in an uncertain world. To deepen its understanding of evolving global threats, AXA recently released its 2025 Future Risk Report, which explores the world’s most pressing risks—from climate change and cybersecurity to social tensions—and how individuals, businesses, and governments can work together to build resilience. View the full report here to learn how adopting a prevention-first mindset can help create safer, more sustainable communities for all. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

Manila, Philippines – AXA, a worldwide leader in insurance, recently launched Group Therapy, a 90-minute documentary delivering a simple, life-saving message: sharing is therapeutic. More than a film, it offers a “docu-therapy” experience that explores how essential it is to recognize and share about mind health issues to start dealing with them. Hosted by Neil Patrick Harris, a multi-awarded American actor, the film features six world-class stand-up comedians, Mike Birbiglia, Nicole Byer, Gary Gulman, London Hughes, Tig Notaro, and Atsuko Okatsuka, who open up about their personal mental health journeys in intimate conversations. Their vulnerability serves a deep purpose: to encourage others to share their own stories and keep conversations going around mental well-being. The documentary comes at a crucial time for the Philippines. According to AXA’s 2025 Mind Health Report, mental health continues to be a concern for Filipinos with more being affected by anxiety at severe and extremely severe levels and are suffering from depression and stress at even mild levels compared to the global population. The prevalence of mental health challenges is even higher among young people as 86% of Filipinos aged 18 to 24 experience at least mild forms of anxiety, stress, or depression.   On the other hand, Filipino youth are more likely to seek help or confide in friends and seek peer support compared to older adults, who tend to be more reserved in their trust and willingness to discuss their concerns. Additionally, young individuals are at the forefront of embracing digital tools for self-help resources. "While the aid of professional therapy, medication, and workshops remain the most important, we recognize that community and connection are also vital for Filipino mental wellness," said AXA Philippines’ chief executive officer, Ayman Kandil. “By normalizing these conversations, we can help break down barriers, reduce stigma, and encourage more people to seek the care and support they need.” "Through sharing the stories of these actors and comedians, we aim to inspire meaningful conversations that foster understanding and compassion within our communities. Opening up about challenges can be a powerful step toward healing, and when we create safe spaces for dialogue, we remind people that they are not alone,” Kandil added.  This documentary is a co-production between AXA and renowned comedian Kevin Hart's Hartbeat Productions, available for viewing at AXA Philippines’ YouTube page https://www.youtube.com/watch?v=l8CkyMUQTdA.   For more information about AXA Philippines' commitment to holistic well-being for all, visit https://www.axa.com.ph.ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

In today’s multi-crisis world, risks are no longer isolated events. Climate change, global health crises, cyber threats, and economic volatility interact in ways that ripple across societies and markets.  For insurers, this reality means moving beyond the traditional role of protection after the fact. We must become proactive partners in prevention, resilience, and inclusion. Global trends are shaping the future of insurance. Digitalization is transforming how risks are identified, priced, and managed. Data-driven tools allow insurers to detect emerging threats earlier, deliver fairer pricing, and process claims faster—always under strict safeguards for privacy and security. For customers, this shift translates into greater confidence that their privacy remains secure, and protection will be there when it is needed most. At the same time, the accelerating impact of climate change underscores why prevention must become mandatory. If climate risks continue unchecked, the cost of protection will rise beyond the reach of many communities. This is why AXA has made climate resilience a strong global commitment. We are aligning our over €30 billion investment in green investments and underwriting with credible decarbonization plans, by phasing out support for coal-related activities and committing to achieve net-zero by 2050. At the same time, we are also tightening our biodiversity commitments, which include restrictions on financing and investments linked to soft commodities that drive deforestation, alongside efforts to support sustainable solutions for natural ecosystems.  Through the AXA Research Fund, we also invest in scientific studies that advance our understanding of climate risks, biodiversity loss, and disaster preparedness, and we turn these research insights into actionable strategies for communities. This is how, beyond financing, we are able to provide support to communities that implement practical solutions for adaptation. These include disaster-resilient housing projects that strengthen building standards by incorporating storm-resistant materials and safer construction practices, flood-proofing measures such as elevated infrastructure, reinforced drainage systems, and natural water retention areas that safeguard both urban and rural zones, and investment in early warning systems that use digital tools and data modeling to give residents and local authorities critical lead time to prepare before disasters strike. In some markets, we also extend this approach to our insurance offerings by rewarding customers who proactively reduce their own risks—for instance, homeowners who install fire safety measures may enjoy lower premiums, much like drivers in pay-how-you-drive plans who earn discounts for safe driving habits. In high-risk regions such as Southeast Asia, these initiatives provide a tangible buffer against climate shocks, helping households, small businesses, and local governments recover faster and build long-term resilience. For vulnerable markets like the Philippines, these global shifts carry real-world consequences. Rising costs of living, frequent typhoons, and gaps in health and social protection mean that households and small businesses face heightened risks. Here, the opportunity for insurers is to bridge the protection gap by combining global expertise with strong local partnerships. At AXA, we are strengthening long-standing partnerships across key markets to expand access to affordable protection and financial literacy. These alliances—spanning financial institutions, digital platforms, and community organizations—allow us to tailor global expertise to local needs. Our inclusive solutions are designed not only to help families recover after crises but also prepare them for the next one. In this way, we are embedding resilience into everyday financial decisions. Ultimately, the insurance outlook is more than just about predicting risks; it is about enabling people to face uncertainty with confidence. By putting prevention first, harnessing technology responsibly, and driving inclusive protection, insurers can help secure a future where risk preparedness is not reserved for the few but accessible to all. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

MANILA, Philippines — Gary Payton, known as The Glove, is regarded as one of the best defenders in the history of the National Basketball Association (NBA). His lockdown defense embodied his nickname: opponents caught in his grip “like a baseball in a glove.”  Having been a defensive stalwart in the NBA and now a mentor to younger players, the basketball icon has witnessed firsthand how the pressures of competition can take a toll on the mind. Through its partnership with the NBA, AXA Philippines supports efforts to raise awareness on the importance of mental well-being alongside physical health. In line with this advocacy, NBA legend Gary Payton visited the country to help spark conversations on the importance of mental fitness.  He opened up about staying resilient, balanced, and ready to face challenges beyond just the game. For Payton, mental resilience has always been a crucial skill. Looking back at his active playing days, he recalled how athletes were expected to push through without much support. At that time, mental struggles were often left unspoken. Payton explained that players had to respond to tough coaching with grit. He emphasized how challenges are opportunities to prove people wrong and to get better. “First, they got to get through taking stuff in a positive way, not a negative way. If I’m screaming at you, that means I’m caring about you. If I’m not screaming at you, you should be worried about it.” Now, as a coach and mentor, Payton recognized how important communication has become. “You want somebody to talk to you…You need somebody on your shoulder to cry on. You need to release it,” he shared, recalling moments when players would open up about personal struggles. For him, checking in on athletes’ body language or mindset can make all the difference. When asked how he wants to inspire conversations on mental health, Gary is clear about the NBA’s role but also acknowledges the importance of seeking professional help. He emphasized that professional athletes carry a unique responsibility because of the influence they hold over young people. As he explained, “If LeBron James has a problem and he comes out and say it… how many kids do you think will follow him?” For Payton, this is proof that athletes are not only competitors but also role models whose words and actions ripple far beyond the court. By using their platforms to speak openly, they can shift cultural attitudes and show that there is no issue with talking to others about mental health. He believes that when fans see their idols normalize seeking help, they are more likely to follow suit. “They will do it because these guys hold a lot of power over them,” Payton stressed. AXA and the NBA’s shared mission The partnership leverages inspiring stories from NBA legends like Payton to reach communities, normalize conversations about mental health, and encourages Filipinos to prioritize it, just as they do with their physical and financial protection. “Gary Payton proves that true strength lies in acknowledging challenges and seeking support, because caring for the mind is the foundation of lasting success. In the same way, AXA Philippines is a partner in this wellness journey, empowering Filipinos to prioritize their overall well-being so they can face each day with confidence, knowing they can focus on what matters in the present, while building a secure future,” says AXA Philippines’ chief executive officer, Ayman Kandil. For more information about AXA Philippines' commitment to mental health for all, visit https://www.axa.com.ph. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

Manila, Philippines, October 8, 2025 – AXA, a worldwide leader in insurance, reaffirmed its commitment to the Philippines as a key growth market during the recent visit of its global leadership team. AXA Group Chief Executive Officer Thomas Buberl and AXA International Markets Chief Executive Officer Hassan El-Shabrawishi emphasized the country’s strong potential, citing its growing economy of about 5% per year that is driven by strong domestic demand from a growing yet fragile middle class, its young and dynamic population, and increasing demand for protection and financial solutions. They noted that these factors make the Philippines both a vital market for AXA’s global strategy and a hub of innovation and resilience.  The executives also reinforced AXA’s strong partnership with Metrobank, which anchors the company’s presence in the Philippines. The companies’ long-standing joint venture for over 25 years has pioneered bancassurance in the country, expanded digital channels for easier policy access, and integrated financial education closer to Filipino families and businesses. This partnership continues to amplify access to financial protection while pairing it with risk-reduction education to promote more inclusive economic growth.  During their visit, Buberl and El-Shabrawishi emphasized AXA’s mission to provide inclusive, future-ready protection solutions tailored to Filipino households, businesses, and communities. By combining the Group’s global expertise with its strong local presence, AXA aims to deliver solutions that address the country’s unique risks, helping future-proof the lives of Filipinos to ensure economic and financial progress for the long-term—from vulnerability to climate change and natural disasters to reliable safety nets for evolving health and financial challenges. “Insurance today must go beyond protection after the fact. Our goal is to help communities anticipate risks, prepare for them, and recover more quickly,” said Thomas Buberl, CEO of AXA Group. “The Philippines plays an important role in this vision. If risk preparedness and recovery can be strengthened here, it can serve as a model for other high-risk regions across the globe.”  Hassan El-Shabrawishi highlighted the Philippines as a vital testbed for AXA’s inclusive protection initiatives. “We are committed to scaling access to insurance for underserved groups such as MSMEs, informal workers, and vulnerable households,” he said. “Through AXA EssentiALL, our global inclusive insurance program, we are creating affordable, practical solutions that support financial resilience for millions of families.”  Beyond specific programs, AXA illustrates this commitment by prioritizing financial literacy, enabling digital access, and conducting resilience-building initiatives. In the Philippines, these efforts help families gain a better understanding and appreciation of how insurance can help them navigate life’s uncertainties, making protection a standard part of Filipinos’ everyday lives.  With a focus on deepening partnerships, driving a prevention-first mindset and shifting to more inclusive insurance into general protection benchmarks, the executives’ visit reflects AXA’s broader strategic direction of positioning insurance as an essential societal infrastructure.  ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

In today’s dynamic world, welfare protection for both formal employees and independent contractors must keep pace to meet their evolving needs in a rapidly changing work landscape. Through the partnership between AXA Philippines, one of the country’s largest and fastest-growing insurers, and Grab and MOVE IT, drivers and riders now have access to free life insurance coverage that helps safeguard them and their families during life’s most difficult moments. Imagine a steady hand reaching out just when the ground starts to give way—unexpected, unseen, but deeply needed. That’s what held two families of MOVE IT riders together in their moment of greatest loss. They worked hard, gave their best every day, and, when it mattered most, had the support that helped them carry on. ​​​Rey Belarmino wasn’t just a MOVE IT rider—he was the steady heartbeat of his family. At 53, with nearly two decades of experience on the road, he had finally joined MOVE IT in 2024 alongside two of his sons, who were also MOVE IT rider-partners. Known for being kindhearted and deeply devoted to his family, Rey spent most of his days navigating the busy streets of Metro Manila to earn a living and provide for the people he loved most.  ​​​​​In March, Ray suddenly fell ill and began vomiting uncontrollably. His sons rushed and brought him to the hospital. He was transferred to the Pasig City General Hospital but he passed away shortly after being declared comatose. The loss was devastating. For his wife, Hilaria, and their four children, it felt like their world stopped. What they didn’t know, and what came as a quiet source of comfort in the days that followed, was that Rey – as one of the motorcycle taxi platform’s top-performing riders – had been covered by a free life insurance plan through Grab and MOVE IT’s partnership with AXA Philippines.  “Laking pasalamat na nakasama siya sa MOVE IT,” Hilaria shared softly. “Malaking tulong po talaga ‘yung natanggap namin.”  The insurance benefit arrived not as a solution to grief, but as a kind of embrace—an unexpected hand to hold during one of life’s most uncertain moments. It allowed the family to manage daily needs and gave them the space to begin healing without the immediate pressure of financial instability. Rey’s son, John Rey, still in disbelief, said:  “Malaking bagay talaga ‘yung insurance, kasi kahit papaano, makakaahon ang pamilya. Kahit nawala si Papa, parang protected pa rin kami.” Rey’s sister, Vivian, also expressed the value of having protection, saying, “Hindi lang sa pang-araw-araw na gastos. Malaking bagay 'to lalo na sa ganitong sitwasyon, na biglang nawala 'yung pangunahing bumubuhay sa pamilya. Buti na lang may ganito palang partnership sina MOVE IT at AXA.” Another MOVE IT rider, Jay Campanero, was a devoted father of three who joined the company in 2023. Jay had big dreams for his family—dreams built on hard work and dedication. At 40 years old, he was a devoted husband and father of three. Since joining MOVE IT, he often maximize​d​ his hours on the road—not for luxury, but for small joys like his wife’s birthday outing, or savings for their children’s education. They were living on the third floor of his in-laws’ house. But Jay dreamed of building their own home, one brick at a time.  ​​One Sunday in April, after a day of work and returning to his family just as he always did, he suffered a stroke and was rushed to the hospital. He never regained consciousness. His wife, Leslie Anne, was left heartbroken and overwhelmed. She reflected that it was as if, in his final moments of strength, he made sure to come home one last time. Just like Rey’s family, she soon discovered that Jay’s livelihood with MOVE IT came with protection she never expected. “Sobrang laking tulong sa pamilya namin,” Leslie shared. “Halos lahat ng iniisip ng asawa ko bago siya nawala—ayusin ang bahay, may panggastos para sa mga bata—unti-unti kong magagawa dahil sa binigay ng MOVE IT.”  For Leslie, it wasn’t just money. It was a symbol of Jay’s quiet strength. And a reminder that, even in absence, he was still looking after them.  Her words carry weight, but also hope: “Buti na lang pala may ganito. Kasi kung wala, paano na kami?”  She now encourages other riders to care for themselves, not just for work but for the families they return to at the end of each day.  “Hindi lang trabaho ang mahalaga. Kailangan may oras din para sa pamilya at sa kalusugan. Kailangan magtira ng lakas para makasama mo pa sila ng mas matagal.” The Real Value of Caring for Workers  In both Rey and Jay’s stories, the life insurance benefit was not just a policy. It was a promise quietly kept. Neither family knew it was there. Neither expected it. But both felt its impact deeply. These stories ​attest to​ how thoughtful partnerships​, such as the recent collaboration​ between Grab, MOVE IT, PhilPacific Insurance Brokers & Managers, Inc. (Philinsure), and AXA Philippines​,​ can provide protection that honors the hard work of everyday riders. It’s a reflection of what happens when organizations go beyond transactional relationships and choose to extend meaningful protection to all workers, especially those in the gig economy.​​Extending employee benefits to non-traditional workers isn’t just forward-thinking; it’s compassionate business. AXA Philippines is committed to deliver inclusive worker benefits solutions so that more companies can have the power to offer peace of mind to the people who keep their operations moving, even outside the office walls.Because real care doesn’t always come with fanfare. Sometimes, it arrives quietly—just when it’s needed most. For more information about AXA Philippines’ insurance solutions for you and your business, visit www.axa.com.ph. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

-by Ayman Kandil  CEO, AXA Philippines Some time ago, during the launch of our partnership with Grab Philippines and MOVE IT, I had the chance to speak with some of the riders covered under the new insurance program. One rider, in particular, shared something that stuck with me: “Kailangan magsipag sa kalsada para may kita (I need to work hard on the road so I can earn). It was a simple statement, honest, matter of fact -- but it captured a much deeper reality. For many Filipinos in the gig economy, a single missed day of work -- be it due to illness, injury, or accident -- can mean no income and immense worries for their families. That conversation reminded me why inclusive protection matters so much, and why all of us in the Philippine insurance industry – together with gig platforms – should reflect on this responsibility: as our workforce evolves, the protection we provide must evolve with it. Today, over 1.5 million Filipino gig workers all over the country power our cities – doing virtual and freelance work and bringing meals, packages, and services to our doorsteps. Many more are employed in micro-, small-, and medium-sized enterprises (MSMEs) that remain outside the formal protection system. These hardworking individuals often are challenged to access health coverage, accident insurance, or long-term financial security. At AXA, we believe that everyone deserves access to financial protection, regardless of how or where they work. That’s the lens through which we’ve approached our recent efforts, to help close the protection gap for workers who have long been left out of the conversation. Here are a few ways we believe the industry can help shape a more inclusive future: First, we recognized early on that traditional insurance models don’t always fit the needs of gig workers. Recognizing this, some platforms are beginning to explore more inclusive approaches. One example is the partnership between Grab, MOVE IT, and AXA Philippines, facilitated through PhilPacific Insurance Brokers & Managers, Inc. (Philinsure), which provides group life and personal accident insurance to their top-performing riders – offering a substantial layer of protection that today’s gig workers would often not be able to access. It’s one of the first initiatives of its kind in the country, and we see it as a blueprint for protecting other independent workers, such as freelance professionals, service workers, and even informal entrepreneurs -- people who fuel the economy, often with little formal support. It is inspiring to work with platforms like Grab and MOVE IT in engineering pioneering efforts that push forward new models of social protection needed by today’s modern workforce. Second, we need to make access to protection effortless and digital. For many workers, the barrier isn’t just cost, it’s access. That’s why AXA’s latest partnership is a significant step forward in making insurance more inclusive. At the same time, tools like the Emma by AXA PH mobile app make it easier for customers to access and manage their policies anytime, anywhere. This is how we close the accessibility gap -- by meeting people where they already are, on the platforms and apps they use every day. Third, we need to strengthen collaboration to scale impact.  Expanding worker protection isn’t something one company or institution can achieve alone. It will take collaboration across sectors -- insurers, employers, tech platforms, and government agencies -- to build something truly sustainable and ​​far-reaching​​. There are many encouraging signs. More MSMEs are exploring employee benefits, policymakers are expanding coverage to accommodate the changing needs of freelancers through social protection systems with SSS and PhilHealth, and platforms are co-creating wellness programs for independent earners. We’ve been fortunate to work with partners who believe in this shared mission, and we remain committed to finding more ways to support this evolving workforce. When workers feel secure, they can focus on doing their jobs better, build toward the future, and contribute more confidently to our economy. That’s what inclusive insurance is ultimately about --  creating peace of mind in every pocket of the workforce. We know there’s still much to be done. AXA’s purpose remains to be acting for human progress by protecting what matters. We welcome more partners who share our belief that protection should be for everyone. The momentum is happening, and if we continue working together, we can make protection more inclusive, more accessible, and more meaningful for all. Let’s build that future together. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

MANILA, Philippines, August 18, 2025 — AXA Philippines turned its commitment to community into action during this year’s AXA Week for Good (AWFG), the flagship annual celebration of AXA Hearts in Action, the company’s global employee volunteering program. AWFG is a weeklong series of activities where employees nationwide unite to support causes that strengthen communities and inspire lasting change. “AXA Week for Good reflects the passion and purpose of our people,” said Sharon Hernandez, Chief Human Resources Officer of AXA Philippines. “It’s a meaningful opportunity for employees to engage with communities, champion causes they care about, and see the direct impact of their efforts. Beyond volunteerism, it strengthens our culture of empathy, collaboration, and advocacy—values that define us as an organization.” Across the country, 873 employees stepped up, comprising 544 first-time volunteers, 329 returning ones, and 22 non-full-time staff, all contributing time, skills, and compassion to causes that matter.  A Week of Connection at AXA Headquarters AXA’s headquarters (HQ) in Makati City became a hub of learning, compassion, and hands-on service. The NGO Fair brought together 17 partner organizations, each sharing their causes and sustainable products. Employees engaged directly with advocates, purchased goods that supported community livelihoods, and learned about initiatives in mental health, education, and environmental care.  The week featured a special podcast series, offering inspiring conversations with NGO partners. Among many others were Judith Apolinario-Follero of iVolunteer Philippines, who spoke on volunteering for personal growth; Jose Mari Hulleza of Juan for Mental Health, who shared simple, practical techniques to reduce stress, improve focus, and enhance overall well-being; Catherina Papio of Earthventure Inc. and Green Space Pilipinas, who helped unpack how segregation and composting can be powerful tools for environmental change; Karey Milan Balbin of the Philippine Red Cross Rizal Chapter, who discussed the life-saving power of blood donation; and Christopher Santos, founder of LifeAid Emergency Solutions Inc., who provided insights on disaster preparedness and community resilience. These stories brought to life the passion and purpose behind their work, complementing the on-site activities. Employees took part in creative, purpose-driven workshops: the “Eco-Make Lab,” where they handcrafted macramé pouches alongside women artisans from Project Pearls under their livelihood program GROW Bulacan; “Handmade with Love,” where they produced sustainable doormats for donation to local communities; and “Learn and Pack,” where they assembled educational kits for underprivileged children, promoting both learning and environmental awareness. These hands-on experiences sparked creativity, built relationships, and deepened appreciation for the skill and care that go into everyday necessities. The HQ-based activities brought meaningful connections to life, culminating with a heartwarming visit from children of the Payatas Orione Foundation, who spent a joyful day of storytelling, play, and discovery with AXA volunteers. Beyond the headquarters, AXA employeesparticipatedin “One Great AXA” events, regional gatherings under the AWFG banner that combine wellness, camaraderie, and service. In Cebu and Davao, the “One Great AXAWalk” united teams across regions, reinforcing the idea that every employee is part ofonenationwide movement.In Siniloan, Laguna, AXA collaborated with Fostering Education & Environment for Development (FEED) to identify pressing needs. As part of the reforestation efforts in Sierra Madre, volunteers planted 1,250 seedlings, achieving more than 40% of AXA’s overall target of 3,000 trees.  Beyond donating food, school supplies, clothing, shoes, and cash—based on the community’s requests—the volunteers also shared knowledge through a financial literacy workshop on budgeting, saving, and investing, empowering residents with practical skills for a more secure and sustainable future. This year’s AWFG brought AXA to 70% of its AXA Hearts in Action volunteer target, engaging 1,128 unique volunteers to date. Behind these figures are the personal stories, connections, and shared purpose that make the initiative a lasting force for good. More than a yearly activity, the AWFG is considered a living expression of the company’s belief that purpose drives progress. By giving their time, talent, and heart, AXA employees reaffirmed that together, they can help build a better, more inclusive future. For more information about AXA Philippines' commitment to holistic well-being for all, visit https://www.axa.com.ph.ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

As one of the largest and fastest-growing insurance companies in the country, AXA Philippines took home a significant double victory at the 2025 Insurance Asia Awards, winning Health Insurance Initiative of the Year for its superior critical illness plan, Health Max Elite and International General Insurer of the Year for its expansive general insurance solutions, including the AXA Smart Traveller, which was also recently recognized with a Platinum Seal by the Reader’s Digest Trusted Brands Awards 2024. These back-to-back accolades underscore AXA’s stronghold as a trusted, innovative, and all-around insurance provider, protecting over a million Filipinos through accessible, relevant, and customer-first products. The Insurance Asia Awards recognizes the best of the best in Asia’s insurance industry, celebrating insurance companies that rise above market challenges while delivering customer satisfaction and sustainable growth. AXA’s double recognition underscores its leadership in both life and general insurance, driven by standout initiatives such as first-in-market health coverage, award-winning travel protection, and strategic partnerships that make insurance more accessible to every Filipino. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

MANILA, Philippines, July 11, 2025 — AXA Philippines, one of the country’s largest and fastest-growing insurance providers, announced the launch of its first Emma DigiZone at the AXA Service Center Makati branch. This new self-service kiosk is designed to make insurance services more accessible and empower customers to manage their policies with greater ease and convenience through the Emma by AXA PH mobile application. The Emma by AXA PH app is a digital platform that empowers its customers to conveniently manage their insurance policies anytime, anywhere. By introducing the Emma DigiZone within key branches, AXA brings this technology closer to its customers—serving as a direct gateway to self-service features that simplify insurance transactions. Through these zones, AXA aims to improve the experience for customers by making it easier to register or log in to the Emma by AXA app—with on-site Branch Services Specialists (BSS) ready to guide them through the process and help them explore its features. The Emma DigiZone offers a range of convenient services designed to support customers in their digital journey. Customers can easily access and manage their policy details through the app, providing them with greater control and visibility over their insurance coverage. For those who have not yet registered, on-site assistance is available to help them set up their account and get started quickly and easily. “The launch of the Emma DigiZone is a key milestone in our commitment to deliver easy, convenient digital solutions for our customers. This initiative is about empowering customers to take control of their policies, while also extending the accessibility of digital insurance solutions,” said Kathleen Villegas, Chief Operations Officer of AXA Philippines. This initiative is particularly beneficial for Life and Health policyholders who require frequent access to policy services. By offering a more streamlined and convenient experience, the Emma DigiZone helps reduce waiting time and gives customers more flexibility in managing their policies—viewing account value, topping up, paying premiums, and more—whether they prefer to self-serve or seek guidance from AXA staff on-site. “More than just the convenience, the Emma DigiZone represent a smarter, faster way for our customers to manage their insurance needs. By bringing digital tools directly to our service centers, we are delivering a more intuitive and empowering experience, one that fits seamlessly into how people live and interact today. We want to keep innovating for our customers so they know they can stay protected with a partner they can rely on anytime, anywhere.” added Villegas. For more information about AXA Philippines' end-to-end solutions for all your protection needs, visit  https://www.axa.com.ph.  ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

MANILA, Philippines--Becoming a father for the first time comes with a whirlwind of emotions: excitement, nerves, and about a hundred questions on what to do next. For actor and content creator Mikael Daez, the experience has been nothing short of transformative, and he’s only just getting started.“I’m excited with the whole process of what being a dad entails,” Mikael shares. “I’ve heard from friends and family that caring for a newborn is quite the journey, and I’m looking forward to going through that with my wife.”While he's quick to admit he’s no expert, Mikael is embracing fatherhood with curiosity, teamwork, and some light-hearted “dad hacks” along the way. His first tip? Rest up. “Everyone keeps telling me to get my sleep now, because I won’t get any later,” he laughs. He’s also discovered that a good baby carrier goes a long way when it comes to surviving the early days.At home, Mikael and his wife, Megan Young, are figuring things out as a team. “Megan pretty much took the lead on preparing the baby’s room—the bassinet, the crib, the changing station. Meanwhile, I chose the color of the stroller,” he jokes. “Basically, I picked the things she didn’t mind handing off.”Beyond baby prep, Mikael is also focused on staying healthy and grounded. “We’re both trying to commit to living a healthier lifestyle—physically, mentally, spiritually—because we want to be in the best shape for our child. Longevity matters,” he explains. His routine now includes workouts focused on functional movement and staying injury-free.But beyond physical preparation, Mikael also took a practical step that brought him lasting peace of mind: getting AXA’s AllShield plan.“Part of becoming a dad is making sure you’re ready for anything,” he says. “That means being present for the milestones, but also being prepared for the ‘what ifs that no one wants to talk about.’”AXA Philippines, one of the largest and fastest-growing insurance companies in the country, recently launched AllShield, its latest all-around insurance plan that combines life, accident, disability, and critical illness coverage under one policy—making it a smart and affordable protection option for growing families. With premiums that can fit a wide range of budgets, AllShield is designed to make comprehensive insurance accessible without compromising on coverage. It’s a practical choice for families who want solid protection while managing everyday expenses.While the plan offers affordability, its coverage goes well beyond the basics. In the event of the policyholder’s passing, for example, their family will receive lump sum cash benefit. Additionally, if the policyholder had reached key milestones—such as the 10th or 20th policy year before their passing, protection bonuses will be added to the benefit, providing even greater financial support for their loved ones. If an accidental death were to occur, the coverage doubles. And should they face permanent disability or a critical illness later, AXA would step in—waiving remaining payments or providing a lump sum to manage medical costs, respectively.Many Filipinos still see life insurance as a luxury or a last resort, especially among breadwinners who prioritize daily expenses over long-term planning. But Mikael believes that protecting your family’s future with insurance is one of the most powerful ways to show love. It’s not just about what you provide now—it’s about making sure those you love will be taken care of, come what may.As he steps into fatherhood, Mikael also holds onto one piece of advice that’s stuck with him for years: kids aren’t born knowing what to do in the world. It’s a parent’s job to provide guidance, structure, and support. “They can’t be completely independent yet—that’s why they’re kids,” he says. “It’s up to us to show them the way.”With that same intention, he’s preparing for his new role not just with baby gear and parenting tips, but with a strong foundation—one that's wrapped in love, guidance, and security that lasts.Whether you're expecting your first child or simply thinking ahead, AXA is here to help you protect your family’s future—so you can move forward with peace of mind, knowing you can. Learn more about AllShield by visiting AXA’s website and speaking to a Financial Partner today.ABOUT AXA PHILIPPINES Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to close to 2 million individuals through its group and individual life insurance as well as general insurance products. AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector. AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R. For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.

MANILA, Philippines — In an era defined by economic uncertainty, digital fatigue, and growing social isolation, young Filipinos are emerging at the forefront of a vital conversation: mental health.  According to AXA’s 2025 Mind Health Report, Filipinos, aged 18 to 34, are experiencing significantly higher levels of stress, anxiety, and depression than their global peers. Yet, they are also among the most proactive in seeking support through digital and AI-powered mental wellness tools. This year’s study offers deep insights into how Filipinos—especially the younger generation—are coping, adapting, and innovating in response to mental health challenges. Gen Z and Millennials Lead the Shift to Digital Mental Health The AXA Mind Health Index, a key component of the report, categorizes individuals into four distinct mental well-being states: Flourishing, the pinnacle of positive mind health; Getting by, where individuals show some areas of well-being but not enough to flourish; Languishing, the absence of positive well-being; and Struggling, the most vulnerable state, marked by challenges in most areas of life.  A significant portion of Filipino youth identify as languishing or struggling—highlighting the urgent need for accessible, relevant, and proactive mental health solutions. According to the report, Filipinos aged 18 to 34 are more likely than older generations to suffer from severe mental health symptoms and are diagnosed with conditions at higher rates than their global peers. Despite these challenges, this age group shows strong resilience and initiative—39% turn to AI-powered mental health tools, well above the global average of 28%. In fact, half of all Filipinos now rely on digital platforms like websites, blogs, forums, and social media for mental health support. Stress Levels Among Working-Class Filipinos Among Highest Globally The report also reveals that nearly seven in ten Filipinos experience at least mild forms of anxiety, stress, or depression—among the highest rates globally. Key drivers include financial instability and job insecurity (76% vs 53% globally), uncertainty about the future (70% vs 53%), loneliness and social isolation (58% vs 42%), climate change anxiety (57% vs 38%), and exposure to negative news (55% vs 45%). Workplaces play a significant role in both stress and support. The data points to an opportunity for organizations to be part of the solution—by fostering psychologically safe environments, supporting mental health literacy, and encouraging open conversations. Building a Culture of Early Support As more young Filipinos turn to self-guided tools and digital channels for help, the availability of accessible resources for early mental health awareness and care becomes increasingly important. Simple, non-diagnostic tools – such as AXA’s Mind Health Self-Check—are helping individuals reflect on their mental state and take proactive steps when needed. Some health plans in the market have also begun to include free mental health consultations as part of their coverage, recognizing the importance of holistic care. Additionally, a growing number of protection solutions now acknowledge the reality of mental health conditions, with some beginning to incorporate coverage for select mental health conditions. “Because mental health is not just a personal issue—it’s a public one. And tackling it requires shared understanding, accessible tools, and sustained support,” said AXA Philippines CEO Ayman Kandil. “And while we still have a long way to address the gaps, know you can do something now and thrive with the right support.” The annual AXA Mind Health Report, now in its fifth year, explores global and local attitudes toward mental health and tracks emerging trends and behaviors that influence mental wellness across life stages and cultures. As one of the largest and fastest-growing insurance companies in the country, AXA Philippines aims to amplify the conversation around mind health and uncover opportunities for individuals, healthcare professionals, and policymakers to take action for a better global mind health. For more information about AXA Philippines' commitment to holistic well-being for all, visit  https://www.axa.com.ph.  ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph 

AXA Philippines Chief Marketing Officer (CMO) Fernando "Nandy" Villar has been named one of this year’s Top Marketing Mentors by Mansmith and Fielders, Inc., a leading marketing and entrepreneurship training firm in the country. The award was given during the annual Mansmith Market Mentors Awards, which celebrates marketing leaders who have not only excelled in their fields but also mentored aspiring marketers, building legacies that foster talent and innovation. Villar joins a distinguished group of visionaries and executives committed to empowering the next generation of marketing professionals.In his role as CMO, Villar has led transformative marketing strategies. His expertise in brand management, digital transformation, and customer engagement has strengthened AXA's market presence and developed innovative solutions for Filipinos. His leadership style, characterized by its authenticity, collaboration, and continuous learning, has inspired, and guided young professionals in the field and beyond with the knowledge, confidence, and skills to thrive in the industry. During the awarding ceremony, Villar shared valuable insights on leadership, strategy, and mentorship, providing attendees with a deeper understanding of how successful marketing leaders approach challenges, make data-driven decisions, and connect meaningfully with their audiences. More importantly, he emphasized how mentorship transforms the industry by shaping future leaders.“I’m honored to be recognized as one of the top marketing mentors by Mansmith and Fielders, Inc. Marketing, to me, goes beyond strategy—it’s about inspiring action and making a real difference. Being in the insurance industry makes this even more meaningful, as our purpose of protecting what matters drives us to empower people with the right protection and support so they can live life with confidence. I’m grateful for the mentors who shaped my journey and proud to pay it forward to the next generation of marketers,” shared Villar. With leaders like Villar guiding the way, the future of marketing in the Philippines is bright. The award affirms not just his legacy but also AXA Philippines’ continuous commitment to building a resilient future-ready workforce and a robust marketing industry.More information about AXA Philippines’ insurance solutions is available on its website  www.axa.com.ph and its partner platforms. ABOUT AXA PHILIPPINES Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to close to 2 million individuals through its group and individual life insurance as well as general insurance products. AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector. AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R. For more information on AXA Philippines and their products, visit their website at www.axa.com.ph. 

AXA Philippines, one of the largest and fastest-growing insurance companies in the country, has once again proven its leadership in the insurance industry by winning multiple prestigious honors at the Reader's Digest Trusted Brands Awards 2025. For the second consecutive year, AXA Philippines secured the Platinum Award in the Travel Insurance category. The company also earned Gold Awards for the Health and Life Insurance categories, marking a remarkable third consecutive year for the Health Insurance Gold Award and the second consecutive year for Life Insurance. The recognition highlights AXA Philippines' award-winning products across multiple insurance categories. AXA Philippines received the Platinum Award in the Travel Insurance category for its AXA Smart Traveller plan, offering 24/7 travel and medical assistance and with the highest emergency coverage of up to PHP 3.5 million in case of sickness, and another PHP 3.5 million in case of accident. In the Health Insurance category, AXA Philippines earned a Gold Award for its comprehensive health protection portfolio that provides coverage for healthcare and critical illness. With a Gold Award in the Life Insurance category, AXA delivers all-around coverage plans—combining life, accident, and critical illness protection with built-in savings and investment features.AXA Philippines wins Gold Awards for the Health and Life Insurance categories, marking a remarkable third consecutive year for the Health Insurance Gold Award and the second consecutive year for Life Insurance. Now in its 27th year in Asia, The Reader's Digest Trusted Brands Awards, held on April 4, 2025, at the Marco Polo Ortigas Manila Hotel, celebrated brands that have earned the highest levels of consumer trust through unwavering reliability, quality, and integrity, and AXA Philippines stood out among these esteemed brands. The annual Most Trusted Brands survey, conducted by Reader’s Digest, highlights the critical role trust plays in consumer decision-making, especially as AI and technology continue to shape the market. As consumers become more informed and discerning, brands that demonstrate transparency, authenticity, and responsible practices rise to the top.“We’re proud to be recognized once again by Filipino consumers as one of the most trusted insurance providers in the country,” said AXA Philippines Chief Proposition and Products Officer Abel Vergara. “This recognition shows our commitment to protecting what matters to our customers—from their health and well-being to their life journeys and travel experiences. Their continued trust inspires us to keep improving, build stronger partnerships, and offer smarter, more reliable solutions that address the changing needs of Filipinos.”AXA Philippines’ continued success in these prestigious awards highlights the trust Filipinos place in the brand. More than just offering reliable insurance solutions, AXA is committed to being a true partner to every Filipino—empowering them to take charge of their future with confidence. With AXA, Know You Can be financially secure, protected, and ready for life’s biggest moments. More information about AXA Philippines’ insurance solutions is available on its website www.axa.com.ph and its partner platforms.ABOUT AXA PHILIPPINES Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to close to 2 million individuals through its group and individual life insurance as well as general insurance products. AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector. AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R. For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.

The Philippines' labor landscape is changing rapidly, but social protections are slow at catching up. According to the Institute for Labor Studies, there are now an estimated 1.5 million gig workers in the country. Add to that the millions working in micro-, small-, and medium-sized enterprises (MSMEs), where formal benefits are often limited or nonexistent, and the gap in financial protection becomes even more urgent. How can the industry adapt to support this critical workforce need? Here are three ways that financial institutions, platforms, and policymakers can build a more inclusive system of protection for workers -- no matter where or how they are employed.  Tailored Protection Across the Workforce Traditional employment comes with built-in benefits like health coverage, accident insurance, and access to savings. But for gig workers, freelancers, and those in MSMEs, these aren’t guaranteed. Inconsistent incomes and lack of employer-sponsored benefits often mean that when crisis hits, they are left with limited financial options to draw upon.  The first step in closing this protection gap is by offering insurance solutions that are customized, flexible, and accessible, designed to reflect the realities of today’s diverse workforce. AXA Philippines, one of the largest and fastest-growing insurance companies in the country, is leading this initiative with its initial roll out of insurance protection for gig workers, starting with a partnership with Grab and MOVE IT. This program offers free group personal accident insurance to top-performing drivers and delivery partners -- up to ₱1 million in coverage—marking a pivotal shift in how independent workers are valued and protected. Beyond the gig economy, this program is laying the groundwork for how inclusive protection models can be expanded to serve other underserved segments of the workforce. Positioning Employee Benefits as a Business Growth Strategy  The need for broader protection presents employers a new opportunity to play a leading role in strengthening worker welfare through scalable employee benefits programs. An expanded employee benefits portfolio can serve not just large enterprises, but also small- and medium-sized companies looking to offer group life, accident, and health insurance to their teams. These products are designed to be both affordable and modular, so they can grow with a business. In an environment where workers seek not just salaries but also security, wellness, and purpose, employee protection can become a key differentiator. By investing in employee benefits solutions, employers don’t just meet a baseline responsibility; they attract and retain talent, improve productivity, and future-proof their workforce. AXA is positioning itself as a key player in this regard as its employee benefits offerings include custom group life and medical insurance, accident and disability protection, health and wellness add-ons, as well as financial literacy and savings tools.  The goal is to make protection not just accessible, but meaningful, especially for sectors that have traditionally operated outside the formal safety net. AXA’s partnership with GCash, the country’s leading mobile wallet, also reflects how digital innovation can bring insurance closer to underserved populations, particularly those in the informal sector and low-income brackets. Strengthening Stakeholder Partnerships  For AXA Philippines CEO Ayman Kandil, expanding worker protection is not a task that insurers can tackle alone. It requires meaningful partnerships with employers, platforms, and even public institutions.  “That’s why we continue to explore public-private partnerships and collaborations that drive systemic change. Whether through direct partnerships, customized employee benefits plan, or co-created wellness programs, these efforts collectively raise the bar for what workforce care should look like,” he explains. These initiatives also align with larger discussions on how more Filipino workers can be integrated into national social protection systems. With ongoing efforts to expand SSS, PhilHealth, and Pag-IBIG access to gig workers and freelancers, private companies and policymakers recognize that ensuring the long-term welfare of all workers is not just an economic necessity, but a moral and social responsibility.  While challenges remain, innovative insurance solutions, improved accessibility, and stronger collaboration among all stakeholders are laying the foundation for a more secure and sustainable future for workers. “At the heart of these efforts is the belief that workers—especially those in the gig economy—should have the confidence to face the future, knowing they are protected. When workers feel secure, they can focus on doing their jobs better, ultimately benefiting the companies and platforms that rely on their contributions. A workforce that is protected is a workforce that can thrive,” Kandil ends. More information about AXA Philippines’ insurance solutions is available on its website  www.axa.com.ph and its partner platforms. ABOUT AXA PHILIPPINES  Established in 1999, AXA Philippines is one of the largest insurance companies in the country. It offers financial security to over a million individuals through its group and individual life insurance as well as general insurance products.  AXA Philippines is one of the first to introduce bancassurance operations in the country and is among the pioneers in the investment-linked insurance sector.  AXA Philippines is a joint venture between the AXA Group, headquartered in France, GT Capital Holdings, Inc. (GT Capital), a leading listed conglomerate in the Philippines, and Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest financial institutions. It is duly recognized by the Insurance Commission and has license to operate and engage in life and general insurance business under License No. 2025/14-R.  For more information on AXA Philippines and their products, visit their website at www.axa.com.ph.    FOR MORE INFORMATION:  Media Relations:                                             Rochelle Rivera                          rochelle.rivera@axa.com.ph   Abbie Remo abbie.remo@axa.com.ph