01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles 02.4 Human resources The metrics in table HR-19 show the ratios of standard entry level wage compared to local statutory minimum wage by location of operation and gender. Table HR-19 Wage level: Ratios of standard entry level wage compared to local minimum wage 1 , 2 As of December 31 Male Female Germany 3 1.5 1.5 France 1.1 1.1 United Kingdom 3 1.2 1.2 Australia 1.0 1.0 Italy 4 n/a n/a The metrics in table HR-20 show the ratios of the CEO’s annual total compensation (base salary plus variable compensation paid out) to the median of the annual total compensation of all company employees except the CEO by location. Table HR-20 Wage level: Ratios of the annual total compensation of the CEO to the median of the annual total compensation of all its employees, except the CEO 1 , 5 As of December 31 2022 Germany 6 15.3 France 31.7 United Kingdom 21.3 Australia 22.1 Italy 42.2 1 The analysis is based on salary data as of 31 December 2022 and comprises our significant locations of operation. For this analysis, we define significant locations of operation as the five largest company groups in terms of active headcount excluding global lines. The following companies were in scope, comprising 29 % of Allianz’s global active headcount: Allianz Australia: Allianz Australia Ltd., Sydney (91 % of company group’s active headcount), Allianz France: Allianz Vie S.A., Allianz Informatique France (94 % of company group’s headcount), Allianz Germany: Allianz Versicherungs-AG, Allianz Beratungs- und Vertriebs-AG, Allianz Lebensversicherungs-AG, AZ Private Krankenversicherungs-AG, Allianz ONE (93 % of company group’s active headcount), Allianz Italy: Allianz S.p.A. (75 % company group’s active headcount), Allianz United Kingdom: Allianz Management Services Ltd., Liverpool Victoria Gen. Ins. Ltd., Fairmead Ins, Home & Legacy Ins Services Ltd (100 % of company group’s active headcount). 2 We define the standard entry level wage as the full-time wage in the lowest employment category. Intern or apprentice wages are not considered entry level wage. 3 For Germany and United Kingdom, we show headcount weighted averages of company ratios. 4 In Italy, there was no statutory minimum wage in 2022. 5 The annual total compensation in this analysis comprises the base salary and variable compensation elements such as the annual bonus, long-term, share-based compensation, sales commissions, or one time rewards paid to the employee. 6 For Germany, we show headcount weighted averages of company ratios. Allianz Group Sustainability Report 2022 63