01 As an active asset manager, Introduction we take our responsibility as a 02 steward of our clients’ assets very Sustainable investing seriously. We believe only through 03 close engagement with investee Active stewardship companies can we deliver the real- 03.1 Our engagement approach world change that is needed and 03.2 Engagement outcomes that our clients increasingly seek. by theme To maximise our impact, we pursue 03.3 Collaborative engagements 03.4 Escalation where initial a global approach to engagement engagement is not enough and proxy voting. 03.5 Influencing companies through proxy voting 03.6 Conflicts of interest 238 03.7 Industry engagement and commitments companies engaged in 04 27 AllianzGI as a sustainable business markets globally 05 Appendix 10,190 shareholder meetings participated in during 2021 We opposed 21% of all resolutions 03 Active stewardship