(G) We share best practices across assets (e.g. educational sessions, implementation (1) for all of our infrastructure of environmental and social management systems) investments (H) We include incentives to improve ESG performance in management (2) for the majority of our remuneration schemes infrastructure investments (I) Other, please specify: (1) for all of our infrastructure Na investments Indicator Type of indicator Dependent on Gateway to Disclosure Subsection PRI Principle INF 14.1 PLUS INF 14 N/A PUBLIC Monitoring 1, 2 Describe up to two initiatives taken as part of your ESG competence-building efforts during the reporting year. ESG competence-building initiatives Decarbonisation initiatives - ACP Direct Infrastructure (“ACP”) has been tracking the carbon footprint of its portfolio companies since 2018. However, it became clear that collecting data was not enough to actively encourage a reduction in carbon emissions (whether incurred directly or indirectly) by the portfolio companies. In addition, certain aspects such as contrasting views in determining levels of SBTi Scope 3 CO2e emissions data across different sectors created confusion and detracted from the (A) Initiative 1 ultimate goal. ACP was keen to promote decarbonisation and therefore put in place initiatives to inform and encourage this approach: In-house training: investment and asset management teams are informed of Allianz’s decarbonisation targets at the beginning of each year, the rationale for the targets, how the targets are to be implemented and any forthcoming legislation that would impact reporting procedures (such as the implementation of SFDR). (response continued in row below) 150