The Frenchman has been managing the Gunners for 17 years but is in the final season of his three-year contract.
"The good thing with me is you don't need a lot of talks to extend the contract I have," he said.
"I am very honoured to have the support of Stan Kroenke - that is a huge confidence vote," Wenger said.
"I don't believe anyone can question my commitment to this club, I want to feel I do well and then the question of me staying will be secondary after that.
"I don't know where the last 17 years have gone. I always said our job is work like you are here forever and know it could end every day. What I would like to do as long as I am here is do my best because I love this club."