01 Our sustainability approach 02 Sustainable investing 03 Active stewardship 04 Corporate sustainability 05 Appendix 02.6 Sustainable investing categories Principle 7 Increasing opportunity with junior position. The goal is to achieve Blended finance approach: de-risking via blending blended finance an attractive risk-return profile for Local impact Blended finance is a technique used to all stakeholders by blending public Senior investors Private capital by investing attract large-scale commercial capital and philanthropic capital together alongside to emerging markets with a focus on with commercial capital into risk- development sectors that impact social and economic tiered structures. finance growth such as infrastructure, energy as anchor investor alongside institutions in and agribusiness. AllianzGI was one of the first large other institutional investors First loss sustainable asset managers to facilitate blended protection projects and Blended finance generally includes a finance and we have raised more than companies. combination of commercial (or private) USD 2.5 billion in commitments across Junior investors Public capital capital in a senior position and five blended finance vehicles since 2017. development (or public) capital in a We have raised more than USD 2.5bn in commitments across five blended finance vehicles since 2017. Allianz Global Investors Sustainability and Stewardship Report 2022 5757