5. Tax Reporting 5.4 Country-by-Country data 15√ In this table we provide an overview of the total income, profit before income taxes, income tax, current income tax for the current year, income tax paid, expected income tax rate, effective income tax rate, tangible assets and number of employees per country and the Group in total 15 . Countries each contributing less than 0.07% to Group’s total income and profit before income taxes are aggregated in the line ‘Other’. Country Total income 16 € mn Profit before income taxes € mn Income tax 17 € mn Current income tax 18 Income tax paid Expected income tax rate 19 % Effective income tax rate Comment reference Tangible assets Number of employees 20 Germany 54,357.0 2,128.5 -1,046.8 -513.5 -735.7 31.0% 49.2% a 5,143.3 46,081 USA 18,415.9 883.8 86.2 -1,648.7 -980.4 21.0% -9.8% b 2,060.6 7,926 France 14,235.8 753.1 -207.7 -184.3 -203.2 28.4% 27.6% c 4,382.1 26,239 Italy 6,365.0 810.0 -261.9 -218.1 -245.8 24.0% 32.3% d 1,230.3 4,876 Ireland 5,041.4 361.7 -66.9 -62.8 -60.5 12.5% 18.5% e 13.4 854 Switzerland 3,804.9 673.3 -105.2 -110.8 -77.5 18.0% 15.6% 2,903.4 2,824 United Kingdom 3,608.2 149.1 -48.8 -26.9 -21.6 19.0% 32.7% f 568.7 8,541 Australia 3,474.4 222.8 -71.3 -127.7 11.4 30.0% 32.0% 10.4 5,379 Spain 2,599.1 173.3 -45.6 -45.6 -59.2 25.0% 26.3% 223.3 3,666 Netherlands 1,982.2 386.2 -105.6 -66.2 -61.1 25.0% 27.3% 23.0 2,083 Austria 1,741.7 169.8 -50.5 -49.5 -74.6 25.0% 29.7% g 218.3 2,920 Luxembourg 1,614.4 975.2 -134.1 -146.1 -96.3 24.9% 13.7% h 5,789.9 89 China 1,329.4 33.3 7.2 -12.0 -3.1 25.0% -21.5% i 6.4 1,575 Thailand 1,201.3 161.8 -33.0 -28.3 -32.1 20.0% 20.4% 19.2 2,389 Turkey 1,168.7 209.4 -51.6 -48.8 -45.7 25.0% 24.6% 40.5 2,392 Brazil 1,133.3 -41.6 -4.2 -39.5 -49.7 45.0% -10.2% j 9.9 2,375 Belgium 1,003.5 -147.5 29.8 -15.0 -28.0 25.0% 20.2% k 364.2 3,414 Taiwan 948.6 134.3 -25.6 -8.5 -6.8 20.0% 19.1% 13.3 801 Malaysia 899.0 152.4 -37.6 -28.6 -33.0 24.0% 24.7% 15.6 1,902 Czech Republic 649.8 83.2 -14.5 -28.1 -27.2 19.0% 17.4% 62.6 891 Slovakia 612.8 140.9 -34.1 -35.4 -40.5 21.0% 24.2% l 69.9 1,128 Poland 591.4 89.5 -23.1 -16.5 -15.3 19.0% 25.9% m 30.5 5,616 Hong Kong 552.6 95.0 -16.7 -16.7 -9.9 16.5% 17.6% 0.0 191 Portugal 536.7 54.5 -14.7 -14.4 -22.3 31.5% 27.0% n 26.4 631 15 All numbers based on IFRS reporting country hierarchy on the basis of the consolidated IFRS Group financials without intercompany profit/loss/reinsurance elimination. Please note that IFRS reporting countries can include entities/investments/branches situated in other countries. 16 Total income based on IFRS includes revenues from intra-group transactions within the same country. 17 Income tax includes current and deferred income tax for the current and previous fiscal years. 18 Current income tax without current taxes related to previous years. 19 The expected tax rate is the country specific corporate income tax rate. In general, the country specific corporate income tax rate does not include local income taxes (e.g. state taxes in the US). For Germany the local trade tax (‘Gewerbesteuer’) is included in the expected tax rate. 20 Number of employees based on headcounts. GRI 207–4 Allianz Group Tax Transparency Report 2021 9