ESG Integration Framework 03.4.11 Allianz ESG Guideline on Nuclear Energy Screening and assessment criteria Allianz respects the decisions of national governments on the Following an assessment of company, sector and country-specific production and use of nuclear energy, as well the operation of ESG risk databases, nuclear energy-related transactions are research reactors or facilities used for the production of radioisotopes screened on the following criteria: for medical or other purposes. External Standards and Sources Environmental risks The Allianz screening approach criteria are informed by • Absence of plans for decommissioning / end-of-life documentation, best-practice and guidance from • Environmental impact assessment not conducted or not conducted in line with national or international standards and 1 the International Atomic Energy Agency, the necessary public consultation (including all supporting 2 the European Bank for Reconstruction & Development and infrastructure, i.e. power lines, access roads) 3 international human rights standards (see also human rights • Upstream/downstream impacts (incl. fisheries, pollution, flood sensitive business area). risk changes, socio-economic impacts) Environmental risk management • Occurrence of geological and environmental events and disasters (floods, seismic activity, landslides, etc.) Risks to local communities • Evacuation and crisis response plans not in-place or not in line with IAEA Fundamental Safety Principles Nuclear safety risks • Design and operating plan of facility not in line with IAEA safety standards and requirements • Inadequate oversight by an independent national nuclear regulator • Inadequate transport and storage management plans in line with IAEA definitions • Nuclear facility not located in a member country of the IAEA allowing access to IAEA inspectors • Nuclear facility not located in a signatory country to the non- proliferation treaty and its amendments • Nuclear Steam Supply Systems (NSSS) in non-compliance with relevant IAEA standards and requirements Reputational risks • Negative reputational impacts on Allianz stakeholders (investors, customers, business partners, regulators, staff, ...) 23