01 Introduction 02 Workplace 03 Workforce 04 Marketplace 05 Next steps 04.1 Promoting gender diversity We are a member of the French investor group of the 30% Club1, a global campaign aiming to increase gender diversity on boards and executive teams. The purpose of the 30% Club France Investor Group is to engage with SBF120 companies on gender diversity to drive systemic change on company boards and within senior management teams and to develop best practices and recommendations to make SBF120 companies more inclusive, diverse and sustainable. In 2022, AllianzGI chaired the investor We also continued to engage with a coalition, joining all corporate French reinsurance company on gender engagements including 18 in-person diversity due to the disconnect between meetings and conversations via email. the percentage of women in the workforce We engaged with a French defence and and at management/executive positions. aerospace company on their diversity We appreciated the transparency and strategy and how they are planning to the openness to address our concerns achieve gender equity and reduce the and observed a slight but real shift with gender pay gap. In one year, the company respect to meritocracy and looking to the made great steps towards its diversity strengths and competences brought about trajectory, committed to realistic and by cognitive diversity, ie, the presence of credible targets, and reaffirmed the broadly diverse perspectives of mind. objective of the firm to be in line with 30% Club France vision. In particular, the company has a very proactive approach to close the gender pay gap, which stood as a best practice. 1 https://30percentclub.org/france-investor-group/ Allianz Global Investors Diversity, Equity and Inclusion Report 2022 32
Diversity, Equity and Inclusion Report Page 32 Page 34