Sustainability Report 2021 05.3 Materiality 01 Introduction Materiality matrix Our material issues Our assessment identified 19 material issues 02 Measuring and which were prioritized as either having high or managing sustainability Highest medium importance. Topics are ranked and Climate change presented in a materiality matrix along two 03 Str engthening axes according to stakeholder views on their our foundation Ethics and responsible business importance to society and to our business. 04 Climate-r elated All topics in the materiality matrix relate to financial disclosure ciety Human rights sustainability and several are linked to our Cybersecurity sustainability strategy pillars, including: 05 Our universal principles e to so Sustainability integration into products Data privacy E: Our climate approach – climate change, 05.1 Target and achievement tables environmental footprint in our operations. 05.2 How we report: transparent tanc Responsible tax Diversity and Inclusion S: Our social approach – financial inclusion, reporting, ratings and performance or local community engagement, human rights, D&I. 05.3 Materiality Customer and product safety Financial Talent Health and 05.4 Stakeholder engagement High inclusion attraction healthcare access G: Our approach to sustainability integration 05.5 Sustainability governance Environmental footprint in operation and retention – ethics and responsible business, data and AI 05.6 Our commitment to human rights ethics, data privacy, cybersecurity, sustainability 05.7 Our impact on the U.N. Sustainable Customer innovation integration into products. Development Goals The top three most material issues for all our key 05.8 Independent practitioner’s report Local community engagement on a limited assurance engagement stakeholders and our business are: on sustainability information eholder view on imp 1. Climate change Natural disasters Stak 2. Ethics and responsible business Demographic change Data and AI Ethics 3. Cybersecurity Social and political unrest Medium High Highest Stakeholder view on importance to Allianz’s Business Environmental Social Governance New topics in 2021 102