Sustainability in Insurance Emerging Consumers Indicator Components/Sub-Indicators Unit 2021 2020 2019 Gross Written Premiums (GWP) 5 € mn 510.2 452.2 413.9 thereof from consolidated entities 6 € mn 45.2 56.1 39.6 thereof from non-consolidated entities 5 6 € mn 465.0 396.1 374.3 Emerging consumer business No. of in-force insured people 62,221,110 5 46,138,372 55,402,075 thereof from consolidated entities 9,721,944 10,077,970 9,971,6376 thereof from non-consolidated entities 52,499,166 5 36,060,402 6 45,430,438 GWP per customer €/customer 8.20 9.80 7.47 Economic Value Generated, Distributed and Retained Indicator Components/Sub-Indicators Unit 2021 2020 Economic Value Generated € mn 122,238.9 100% 119,509.6 100% Revenue from sale of goods € mn 77,656.2 63.5% 75,714.2 63.4% Revenue from rendering of services € mn 13,998.1 11.5% 12,049.1 10.1% Revenue from financial investments € mn 30,552.1 25.0% 31,581.8 26.4% Other operating income € mn 32.5 0.0% 164.5 0.1% Economiv Value Distributed € mn 104,239.5 85.3% 94,989.5 79.5% Operating expenses € mn 81,326.6 66.5% 74,171.4 62.1% thereof: Claims and insurance benefits € mn 54,873.0 44.9% 53,793.2 45.0% Claims P&C € mn 33,783.8 27.6% 33,257.9 27.8% Claims L&H € mn 21,089.5 17.3% 20,535.4 17.2% Wages and other payments to employees € mn 13,339.8 10.9% 12,509.3 10.5% Payments to provider of capital € mn 5,475.3 4.5% 5,564.3 4.7% Payment to shareholders € mn 4,705.6 3.8% 4,702.3 3.9% Payments to creditors € mn 769.7 0.6% 862.0 0.7% Payments to government € mn 3,985.9 3.3% 2,608.8 2.2% thereof: income tax expense7 € mn 3,659.6 3.0% 2,287.2 1.9% Community investments € mn 112.9 0.1% 135.8 0.1% Economic Value not yet distributed € mn 17,295.4 14.1% 21,740.6 18.2% Change in reserves € mn 13,716.2 11.2% 12,975.8 10.9% Impairments € mn 1,331.0 1.1% 5,467.3 4.6% Change in provisions € mn 2,248.2 1.8% 3,297.4 2.8% Economic Value Retained € mn 704.0 0.6% 2,779.5 2.3% 1) Our current data collection process does not allow for a complete tracking of revenue data. Revenues included are subject to data availability. 2) Data was restated due to reclassification of certain products and minor corrections. 3) Our current data collection process does not allow for a complete tracking of the number of sustainable solutions. Number of solutions data is included subject to data availability. 4) Revenue data for insurance solutions with a sustainability component is only included when this component can be clearly separated from other parts of the revenue. 5) Includes Indian government-sponsored health schemes not reported in previous years (GWP EUR 88mn & 15.5mn insured). 6) Please see note 45 to the Consolidated Financial Statements of Allianz Group Annual Report 2020. (update based on AR 2021). 7) Includes income taxes paid, accrued income taxes and income taxes related incidental benefits/expenses. 14 / 21
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