Background Active stewardship is a key element of our commitment at Allianz Global Investors to shape pathways towards a sustainable future. As an active investment manager, we believe that constructive engagement dialogue with investee companies is essential. Moreover, the exercising of shareholder voting rights is a fiduciary responsibility to our clients and a core part of our role in driving positive change for some of the most important issues affecting the long-term development of investee companies. This statement sets out our engagement policy and stewardship approach, including the steps we take to meet regulatory obligations and the principles of certain Stewardship Codes and codes of best practices that apply in the jurisdictions in which we operate in Europe, North America and Asia. Allianz Global Investors refers to the global investment management business, which operates under the marketing name Allianz Global Investors (AllianzGI) through affiliated entities worldwide. AllianzGI is an active investment manager serving institutional and retail clients around the world. The business is diversified across equity, fixed-income, multi- asset and alternative strategies and diversified by region. AllianzGI has a strong investment culture based on bottom-up, fundamental research. We invest for the long term across a range of different investment strategies, and pay close attention to growth prospects, return on capital, good governance, market positioning and quality of franchises. Furthermore, we believe that material environmental and social considerations are crucial to the success of a company looking for long-term outperformance. Consistent with our investment philosophy and approach, we routinely engage in dialogue with investee companies and seek to proactively present a viewpoint, seek change where necessary, and monitor the results of our engagement. Our investment views are influenced by the outcomes of these engagements and are linked to the proxy voting process, forming a consistent stewardship approach. AllianzGI Stewardship Statement 3