Contents 3 Background 4 Principles 5 Discharging our stewardship responsibilities 6 Managing conflicts of interest in relation to stewardship 8 Monitoring investee companies 10 Engagement strategy 11 Escalation of stewardship activities 12 Acting collectively with other investors 13 Proxy voting 15 Reporting on stewardship activities 16 Ass urance 16 Contact AllianzGI Stewardship Statement 2