ADDITIONAL INFORMATION Financial leverage and cash flow (EUR bn) Leverage ratios Cash flow Financial leverage1 24.5% 25.9% (EUR bn) 2019 2020 2021 Ø 3yr Senior debt leverage2 9.8% 11.9% 6 Net cash remittance 6.8 6.8 6.7 6.8 16.2 of which P/C 4.5 3.1 2.6 3.4 15.5 of which L/H 1.5 2.3 2.8 2.2 78.5 75.3 of which AM 1.8 1.9 1.8 1.8 Net remittance ratio7 91% 86% 98% 92% 3 Shareholders’ equity (adj.) Subordinated bonds4 Senior debt5 9.3 10.8 Dividend coverage ratio8 180% 172% 169% 174% 2020 2021 Actual Actual 1) Senior debt and subordinated bonds divided by the sum of senior debt, subordinated bonds and shareholders’ equity 6) Net cash remittance = cash received from OEs + reinsurance result of holding company - holding costs and 2) Senior debt divided by the sum of subordinated bonds and shareholders' equity interest expenses + other operating cash flow 3) Excluding equity accounted RT1 bonds (2020: EUR 2.3bn, 2021: EUR 4.7bn) 7) Net remittance ratio = net cash remittance/shareholders´ net income (prior year) 4) Subordinated bonds issued or guaranteed by Allianz SE including equity accounted RT1 bonds; nominal value 8) Dividend coverage ratio = net cash remittance/Allianz SE dividend 65 5) Certificated liabilities issued or guaranteed by Allianz SE including money market securities; nominal value B 47