ESG Integration Framework 03.4.7 Allianz ESG Guideline on Human Rights Screening and assessment criteria Allianz is a signatory to the United Nations Global Compact Following an assessment of company, sector and country-specific which supports key principles in upholding human rights. Allianz ESG risk databases, human rights-sensitive transactions are endeavors to ensure its operations and interactions with business screened on the following criteria: partners, insurance clients and invested companies do not conflict with those commitments. Any apparent breach should be addressed Governance risks with partners whilst respecting local laws and customs. • Absence of anti-bribery and anti-corruption plans/systems/ External Standards and Sources procedures The Allianz screening approach criteria are informed by the Risks to local communities • UN Declaration of Human Rights, • Absence of a benefit sharing agreement or compensation • International Labor Organization Standards, • Free, prior and informed consent (FPIC) of impacted parties not • UN Global Compact, and obtained • Guiding Principles for Business and Human Rights. • Incidents of harm to local populations and/or the environment from pollution related to the project Reputational risks • Negative reputational impacts on Allianz stakeholders (investors, customers, business partners, regulators, staff, ...) Resettlement risks • Incidents of physical harm in relation to resettlement • Relocation of people and land/water/property rights (incl. native peoples) • Resettled persons not duly consulted Workforce risks • Disregard for labor rights including collective bargaining and unionization rights • Employee rights not taken into consideration (for any outsourcing/restructuring program) • Incidents of physical harm or inappropriate conduct of security personnel • Involvement in child labor • Sub-standard working conditions (e.g. health and safety standards, wages, etc.) • Sub-standard working conditions of (sub-)contractors 17