01 Our vision of 02 Sustainable 03 Active 04 Strengthening sustainability 05 Appendices sustainability investing stewardship in our operations 03.10 Looking ahead: active stewardship Principle 7 Looking ahead: active stewardship In 2024, our plans to strengthen our stewardship approach include: Strengthening our voting Basing our decisions on the policies around pay, gender application of our proprietary diversity and climate. net-zero alignment share 48 methodology, which Updating our voting policy compares companies’ to increasingly hold directors progress consistently across accountable if a company sectors and markets. does not have a credible Reinforcing our expectations net-zero strategy in place. with respect to independence, Expanding our policy of for example, asking boards voting against large-cap to implement an independent companies that do not Chair of their Audit and include ESG KPIs in their Remuneration Committees. remuneration policies beyond Europe, and to smaller companies, as of 2025. 48 The net-zero alignment share methodology aims to assess the credibility of a company’s transition plan and net-zero pathway. It is based on the Net Zero Investment Framework from IIGCC’s Paris Aligned Investment Initiative. Allianz Global Investors Sustainability and Stewardship Report 2023 73