01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles 01.3 Company description and strategy Allianz Group is one of the world’s leading insurers and asset managers with 122 million private and corporate customers 1 in more than 70 countries. Our customers benefit from a broad range of personal and corporate insurance services ranging from property, life and health insurance to assistance services to credit insurance and global business insurance with total revenues of € 152.7 billion. As one of the world’s largest investors, Allianz manages around € 701.1 billion on behalf of its insurance customers. Our asset managers – PIMCO and Allianz Global Investors – manage € 1.6 trillion of third-party assets. In 2022, 159,253 2 employees achieved total revenues of € 152.7 billion 3 and an operating profit of 14.2 4 billion for the Group. Our strategic objectives : • Growth: We consistently seek to capture growth opportunities for our business, and to create growth opportunities for our employees. This is how we ensure our leading market position. Due to our full breadth of products and services, we offer comprehensive solutions that meet our customers’ needs and make us a trusted partner. • Margin expansion: We need to be profitable and efficient. To do so, we are continuously improving our productivity, including in our distribution channels, while seeking to grow in high margin business segments. Additionally, we will continue our transformation to be more simple, digital and scalable. • Capital efficiency: We consistently seek ways to use our capital in the most effective way and take actions when it falls below our RoE threshold. Thanks to our systematic integration of sustainability criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. For further details about the group’s Corporate Strategy, please see the Allianz Group Annual Report 2022 , section Risk and Opp ortunity Report p. 102 f. and the materials published as p art of our Inside Allianz Series. 1 Including non-consolidated entities with Allianz customers and excl. emerging consumers. 2 Total employees (core and non-core business). 3 Total revenues comprise Property-Casualty total revenues (gross premiums written, and fee and commission income), Life/Health statutory gross premiums written, operating revenues in Asset Management, and total revenues in Corporate and Other (Banking). 4 For details about Allianz Operating Profit definition, please refer to the Group Annual Report – Notes to the consolidated financial statements, note 4. 09 Allianz Group Sustainability Report 2022 (!)