AllianzGI customarily reviews shareholder proposals concerning sustainability issues, including proposals related to climate change action, reporting on climate change or emissions-related topics. Given the variety and variability of shareholder proposals, it is often difficult to develop policy positions on the issues raised by shareholders; hence we prefer to review and vote on a case-by-case basis. AllianzGI supports shareholder proposals seeking information on the climate-related financial, physical or regulatory risks and how the company identifies, measures and manages such risks. We normally support shareholder proposals calling for the reduction of GHG emissions, subject to our own assessments of the company’s efforts and improvements achieved. ☑ (C) Our policy includes voting guidelines on specific social factors Describe: AllianzGI supports a range of social policies such as proposals seeking enhanced reporting of the company’s efforts to improve diversity of boards, management, and workforce, as well as other indicators that help investors assess a company’s human capital management. AllianzGI supports proposals requesting a report on the company’s labour and/or human rights standards and policies, as well as implementation of such standard and policies. AllianzGI generally supports proposals relating to a company’s policies, initiatives and oversight of, product safety and toxic/ hazardous materials. ☐ (D) Our policy is high-level and does not cover specific ESG factors Describe: Alignment & effectiveness Indicator Type of indicator Dependent on Gateway to Disclosure Subsection PRI Principle LE 17 CORE OO 9 LE N/A PUBLIC Alignment & effectiveness 2 When you use external service providers to give voting recommendations, how do you ensure that those recommendations are consistent with your organisation's (proxy) voting policy? (A) We review service providers' controversial and high-profile voting (1) in all cases recommendations before voting is executed (B) Before voting is executed, we review service providers' voting recommendations (1) in all cases where the application of our voting policy is unclear 114