B _ Corporate Governance Remuneration in the financial year Furthermore, the pension expenses in the financial year are listed, even The following table shows the remuneration awarded and due in if these are not regarded as remuneration awarded and due in accordance with § 162 AktG. It includes the payments made in the accordance with § 162 AktG. financial year for base salary and perquisites, the annual bonus that refers to the performance period of the financial year and the payout amount of the share-based remuneration, that vested in 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 compen- sation Pension Share-based acc. § service Board members Base salary Perquisites Annual bonus compensation Other compensation 162 AktG 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 32 11 - 1,748 30 2,242 38 - - 5,912 1,050 6,961 Appointed: 01/2008; CEO since 05/2015 2020 1,706 32 11 - 1,257 23 2,375 44 - - 5,350 1,041 6,391 Sergio Balbinot 2021 975 28 91 3 892 26 1,495 43 - - 3,453 467 3,920 Appointed: 01/2015 2020 975 27 74 2 713 20 1,883 52 - - 3,644 472 4,116 1 Jacqueline Hunt 2021 975 41 14 1 673 29 694 29 - - 2,357 344 2,700 Appointed: 07/2016; end of service 09/2021 2020 975 57 23 1 700 41 - - - - 1,699 458 2,156 Dr. Barbara Karuth-Zelle 2021 975 52 11 1 875 47 - - - - 1,861 398 2,258 Appointed: 01/2021 2020 - - - - - - - - - - - - - Dr. Klaus-Peter Röhler 2021 975 52 30 2 883 47 - - - - 1,888 540 2,428 Appointed: 04/2020 2020 731 57 23 2 531 41 - - - - 1,285 390 1,675 Ivan de la Sota 2021 975 54 15 1 824 45 - - - - 1,814 535 2,349 Appointed: 04/2018 2020 975 57 60 3 682 40 - - - - 1,717 560 2,277 Giulio Terzariol 2021 975 52 20 1 875 47 - - - - 1,870 565 2,435 Appointed: 01/2018 2020 975 58 18 1 700 41 - - - - 1,694 556 2,250 Dr. Günther Thallinger 2021 975 53 2 - 875 47 - - - - 1,852 548 2,400 Appointed: 01/2017 2020 975 58 2 - 700 42 - - - - 1,678 535 2,212 Christopher Townsend 2021 975 51 53 3 875 46 - - - - 1,903 412 2,315 Appointed: 01/2021 2020 - - - - - - - - - - - - - Renate Wagner 2021 975 52 25 1 883 47 - - - - 1,883 527 2,410 Appointed: 01/2020 2020 975 57 32 2 700 41 - - - - 1,708 477 2,185 Dr. Andreas Wimmer 2021 244 52 2 - 226 48 - - - - 472 51 522 Appointed: 10/2021 2020 - - - - - - - - - - - - - 1_For reasons of clarity, Jacqueline Hunt`s complete remuneration in the financial year is reported here. Her pro-rated base salary for the period from 1 January to 30 September 2021 is € 731 thou. The pro-rated annual bonus amount for this time period is € 503 thou. Compliance with the maximum remuneration principles on payouts for share-based remuneration in the financial year 2021 In the financial year 2021, the RSU tranches for the financial year 2016, allocated in March 2017, were paid out to Oliver Bäte, Sergio Balbinot and Jacqueline Hunt. According to the remuneration system applicable at the time of the allocation, the RSU payout is capped at 200 % above the grant price. During the term of the AEI/RSU 2017 tranche, the decisive price of the Allianz share rose from € 165.55 to € 203.13. The increase, and therefore the payout, remained significantly below this cap. Annual Report 2021 − Allianz Group 45