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01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles We also bring commercial expertise and global scale to the table for civil society, non-governmental organizations (NGOs) and investees. We listen to their feedback, needs, and recommendations and collaborate on creating social solutions and resilience. To find out more about our engagement with stakeholders, please see section 05.3. 2. Employees Only by working well together can we achieve good results, inside and outside of Allianz. Prioritizing employees in our sustainability efforts begins with creating a thriving and inclusive culture of continuous learning and development where employees are competent, confident and excited to grow and work. Our Inclusive Meritocracy Index of 79 % for 2022 ( see section 02.4 ) shows a high employee approval rating of Allianz’s culture. The rating affirms our efforts to create a work environment where people and performance matter, where there is mutual trust and empowered collaboration, where diversity is appreciated and where customer satisfaction is a high priority. To successfully deliver, we must attract, develop, and retain qualified talent. Our talent strategy enables a virtuous cycle of social resilience and economic prosperity in the markets in which we live and operate. To develop a thriving employee culture at Allianz, we prioritize the f ollowing areas 1 : Education Lifelong learning and professional training and development secures the competencies needed in a fast- changing world and work environment. We see upskilling and reskilling our workforce as a pre-requisite for long- term success, including through Strategic Workforce Planning. To drive excellence in our core business of insurance, Allianz offers professional development that helps create a high standard of underwriting, pricing and claims excellence. Through the Property & Casualty (P&C)-Academy accreditations which are adhering to international standards and are certified by the Chartered Insurance Institute (CII), we strengthen and support our ability to scale the global know-how and best practices for which Allianz is known. 01.6 Our social approach Our employees also educate us to better understand and fulfill the needs of our increasingly diverse customer base. Their feedback and engagement validate our investment in education and development programs. Diversity, equity and inclusion A thriving working environment is one that is welcoming and inclusive. We drive gender balance and promote an inclusive culture along other dimensions, such as disability, nationalities/ethnicities, generations and LGBTQ+. This is evidenced by our leading position in the Refinitiv Index for Diversity and Inclusion and in the German Diversity Index. Health, safety and well-being The health, safety and well-being of our employees is of utmost importance to support a thriving culture. With the pandemic casting a spotlight on the importance of physical health and mental well-being, we have introduced various new measures to support employees. In 2021, we launched our global Health in Action framework which aims to r educe work-related stress. In 2022, our Work Well Index Plus (WWi+) score was two percentage points above the 2021 result of 69 percent. For more details, please see section 02.4. For more details, please see the Allianz People Fact Book 2022. 3. Corporate citizenship Our social impact comes through our 122 million customers and over 159,000 employees living and working in their communities in more than 70 countries. Allianz’s social impact stems from the impact our business and global organization has on the w ell-being of the community – from global society to local communities. Through our employee compensation, healthcare and other benefit pro grams, Allianz serves an important stabilizing role in communities. Our tax payments support the local economies where we operate. As part of our social approach, our Corporate Citizenship Str ategy supports how we deliver our responsibility towards society. Many employees actively contribute in their communities. Allianz employees around the world take part in local corporate citizenship programs and volunteering through initiatives run by local operating entities and our twelve Allianz- affiliated foundations. For details see section 02.7. 1 Further key priorities: Employee Engagement (Allianz Engagement Survey) , Ways of Working (in particular hybrid working) , 02.4.2 Strategic workforce planning and 02.4.4 Talent acquisition and employee engagement . 15 Allianz Group Sustainability Report 2022 > > >

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