Sustainability Report 2021 05.2 How we report: transparent reporting, ratings and performance 01 Introduction Sustainability ratings and performance Sustainability Rating Our performance (as of 31 December 2020) Our performance (as of 31 December 2021) Sustainability ratings promote transparency DJSI/S&P Global We are one of the longstanding members of the Dow Jones We are one of the longstanding members of the Dow Jones Sustainability Index 02 Measuring and and trust among our customers, Key Rating Sustainability Index and we were ranked as number six in our and we achieved the top position, scoring 93 points out of 100 in 2021, up from managing sustainability investors and other stakeholders. sector in 2020, scoring 85 out of 100 points (Silver Class). 85 points in 2020. MSCI1 Allianz once again received a rating of AAA (on a scale of AAA-CCC) in 2021 03 Str engthening We strive to be a sustainability leader in our ESG In 2020, Allianz once again received a rating of AAA (on a our foundation Key Rating scale of AAA-CCC) and is one of the top performers in the and is one of the top performers in the insurance sector. sector. Taking part in sustainability ratings and insurance sector. industry benchmarks supports us to improve our 2 04 Climate-r elated performance and transparency. Sustainalytics We received an ESG Risk Rating of 16.2 and were assessed to We received an ESG Risk Rating of 15.9 and were assessed to be at low risk financial disclosure Key Rating be at low risk of experiencing material financial impacts from of experiencing material financial impacts from sustainability factors. Our risk 3 sustainability factors. Our risk rating places us at rank 2 in the rating places us at rank #7 in the diversified insurance industry and 2nd diversified insurance industry and 2nd amongst peers of similar market cap, as assessed by Sustainalytics. Our ESG 05 Our universal principles amongst peers of similar market cap, assessed by Sustainalytics.4 Risk Rating was revised over the course of the year in association with the 05.1 Target and achievement tables development of the Structured Alpha Funds controversy, resulting in a year-on- 05.2 How we report: transparent year deterioration in sub-industry rank from #2 in 2020. reporting, ratings and performance 05.3 Materiality ISS ESG We received Prime status in 2020, which ranks us among the We received Prime status in 2021. This ranks us among the world’s most 05.4 Stakeholder engagement world’s most sustainable companies in our industry. sustainable companies in our industry and we achieved a first decile rank. 05.5 Sustainability governance ISS quality score We received the highest rating in the ISS Quality Score for the We received the highest possible rating in the ISS Quality Score for the 05.6 Our commitment to human rights environment and social pillars in 2020. environment and social pillars in 2021 with ratings of first decile in both pillars. 05.7 Our impact on the U.N. Sustainable Vigeo Eiris We were in the top 5 percent in the insurance sector in 2020 We were ranked third in the insurance sector in 2021 with an overall ESG score Development Goals with an overall ESG score of 62 out of 100 points. of 63 out of 100 points. 05.8 Independent practitioner’s report FTSE4Good We are one of the longstanding members and we were ranked We are one of the longstanding members and were ranked among the top five on a limited assurance engagement among the top 8 percent of our sector in 2020. percent of our sector in 2021. on sustainability information PRI In 2020, we achieved the highest rating (A+) in eight out of nine Results for 2021 are due to be published in June 2022. In 2020, we achieved the categories. We were included in the 2020 Leaders’ Group for highest rating (A+) in eight out of nine categories and were included in the 2020 our climate reporting. Leaders’ Group for our climate reporting. CDP We have participated with our climate change CDP submission We have participated with our climate change CDP submission since 2011. since 2011. In 2020, we achieved an A- rating. In 2021, we achieved a B rating. Bloomberg Gender Equality For the fifth year running, we were included in the list of 325 For the sixth year running, we were included in the list of 380 companies from 1 The use by Allianz of any MSCI ESG research LLC or its affiliates (‘MSCI’) Index (listing) companies from 42 counties and regions across 50 industry 44 countries and regions across multiple industry sectors in 2021. data, and the use of MSCI logos, trademarks, service marks or index names sectors in 2020. herein, does not constitute a sponsorship, endorsement, recommendation, or promotion of Allianz by MSCI. MSCI services and data are the property of Refinitiv diversity and Allianz was ranked 7th in 2020 (up one since 2019) among Allianz was ranked fifth globally in 2021 (up two places since 2020) among MSCI or its information providers, and are provided as-is and without warranty. inclusion index (ranking) companies leading the way in embedding diversity and companies leading the way in embedding diversity and inclusion in their MSCI names and logos are trademarks or service marks of MSCI. inclusion in their business strategy and practices. business strategy and practices. Allianz was ranked first in the country 2 Copyright 2021 Sustainalytics. All rights reserved. This presentation contains information developed by Sustainalytics (www.sustainalytics.com). Such (German-headquartered) and sector (insurance) categories. information and data are proprietary of Sustainalytics and/or its third party BeyondGenderAgenda We were placed second in the BeyondGenderAgenda German Diversity Index suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an German Diversity (ranking the DAX30 companies). investment advice and are not warranted to be complete, timely, accurate or Index (ranking the suitable for a particular purpose. Their use is subject to conditions available at DAX30 companies) https://www.sustainalytics.com/legal-disclaimers. 3 Please note that the 2020 figure has been updated by Sustainalytics. 4 Ranks as of December 31, 2020. Our rating performance is updated regularly over the course of the year. For our most recent results, please see our website. 100