How do recent events in Europe affect the opportunities in transitional energy? Allianz Global Investors is a leading active asset manager with over 700 investment professionals in 23 offices worldwide and managing EUR 673 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives. Active is: Allianz Global Investors Data as at 31 December 2021 Investing involves risk. The value of an investment and the income from it will fluctuate and investors may not get back the principal invested. 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How do recent events in Europe affect the opportunities in transitional energy? Page 3