ESG not incorporated Type of Gateway PRI Indicator Dependent on Disclosure Subsection indicator to Principle Multiple, see ESG not OO 35 CORE N/A PUBLIC 1, 2 guidance incorporated Describe why you currently do not incorporate ESG into your assets and/or why you currently do not conduct stewardship. Description AllianzGI assesses stewardship activities of external (N) Externally managed: Listed equity – passive managers. However, we do not conduct stewardship activities through external managers. AllianzGI assesses stewardship activities of external (O) Externally managed: Listed equity – active managers. However, we do not conduct stewardship activities through external managers. AllianzGI assesses stewardship activities of external (P) Externally managed: Fixed income – passive managers. However, we do not conduct stewardship activities through external managers. AllianzGI assesses stewardship activities of external (Q) Externally managed: Fixed income – active managers. However, we do not conduct stewardship activities through external managers. ACP does incorporate ESG factors with indirect private equity and infrastructure funds when selecting these in line with the guidelines of Allianz Group. An actual Stewardship is however both not common and possible since investor rights in fund structures are limited and do neither include any participation in strategy and/or investment decisions of the fund nor voting rights. Hence, (R) Externally managed: Private equity investors are mere passive within these fund investments and consequently do not have any noteworthy influence on the portfolio companies. However a fund investor can provide suggestions in this regard, which will carry more weight in the case of a larger investment size and/or a substantial number of investors provide the same or similar suggestions. 35