B _ Corporate Governance Remuneration for the financial year The following table shows the remuneration for the financial year. It contains the variable remuneration amounts resulting directly from the target achievement of the financial year: the payout amount of the annual bonus and the allocation amount of the LTI grant for the financial year. Individual remuneration: 2021 and 2020 € thou (total might not sum up due to rounding) Fixed compensation Variable short-term Variable long-term Total Pension Share-based compen- service Board members Base salary Perquisites Annual bonus compensation Other compensation sation cost Total Board members active in in % of in % of in % of in % of in % of financial year € thou TC € thou TC € thou TC € thou TC € thou TC € thou € thou € thou Oliver Bäte 2021 1,911 28 11 - 1,748 26 3,145 46 - - 6,815 1,050 7,864 Appointed: 01/2008; CEO since 05/2015 2020 1,706 32 11 - 1,257 24 2,348 44 - - 5,323 1,041 6,364 Sergio Balbinot 2021 975 27 91 3 892 25 1,605 45 - - 3,563 467 4,030 Appointed: 01/2015 2020 975 31 74 2 713 23 1,345 43 - - 3,107 472 3,578 Jacqueline Hunt 2021 975 34 14 1 673 23 1,211 42 - - 2,874 344 3,217 Appointed: 07/2016; end of service 09/2021 2020 975 32 23 1 700 23 1,324 44 - - 3,023 458 3,481 Dr. Barbara Karuth-Zelle 2021 975 28 11 - 875 25 1,574 46 - - 3,435 398 3,833 Appointed: 01/2021 2020 - - - - - - - - - - - - - Dr. Klaus-Peter Röhler 2021 975 28 30 1 883 25 1,589 46 - - 3,478 540 4,018 Appointed: 04/2020 2020 731 32 23 1 531 23 1,017 44 - - 2,302 390 2,692 Ivan de la Sota 2021 975 30 15 - 824 25 1,483 45 - - 3,298 535 3,832 Appointed: 04/2018 2020 975 32 60 2 682 23 1,290 43 - - 3,007 560 3,567 Giulio Terzariol 2021 975 28 20 1 875 25 1,574 46 - - 3,444 565 4,009 Appointed: 01/2018 2020 975 32 18 1 700 23 1,322 44 - - 3,016 556 3,572 Dr. Günther Thallinger 2021 975 28 2 - 875 26 1,574 46 - - 3,426 548 3,974 Appointed: 01/2017 2020 975 33 2 - 700 23 1,322 44 - - 3,000 535 3,535 Christopher Townsend 2021 975 28 53 2 875 25 1,574 45 - - 3,477 412 3,889 Appointed: 01/2021 2020 - - - - - - - - - - - - - Renate Wagner 2021 975 28 25 1 883 25 1,589 46 - - 3,472 527 4,000 Appointed: 01/2020 2020 975 32 32 1 700 23 1,324 44 - - 3,032 477 3,508 Dr. Andreas Wimmer 2021 244 28 2 - 226 26 407 46 - - 879 51 929 Appointed: 10/2021 2020 - - - - - - - - - - - - - Jacqueline Hunt resigned from her office as member of the Board of Management with effect from 1 October 2021. The remuneration principles of the employment contract remain unchanged until the end of the employment contract as at 31 December 2022. For the sake of clarity, the amounts are therefore reported for the full financial year 2021 in the tables above. 46 Annual Report 2021 − Allianz Group