Introduction About Allianz Global Investors Principle 1 Shaping sustainable pathways as Our culture principles alongside positive change. These culture a responsible business Our culture principles – set out below – principles describe behavioural We see embedding sustainability inspire sustainable behaviours and foster expectations and aspirations towards as the role of everyone at AllianzGI, a working environment that supports AllianzGI employees and are consistent because it is intrinsic to our success as our strategy to be first choice for savers with our corporate values. an active investor and our function as and investors who seek financial returns a responsible business. Our values Our culture principles Our company values – excellence, Put the Take integrity, respect, and passion – describe client first ownership how we want to conduct our business. of the final outcome They underpin our commitment to being sustainable across all our activities and in our stewardship approach. Be Think outside the box sustainable and embrace failure as a • Excellence in operations drives us in everything we do learning opportunity to optimise our ways of working and reduce emissions. Be Win together as a • Respect confirms our commitment to solution- oriented team develop long-term relations with clients, providers and colleagues. • Integrity requires holding ourselves Be to standards over and above courageous compliance requirements. • Passion means we apply ourselves and make tough choices consistently in the face of both success and adversity. Allianz Global Investors Sustainability and Stewardship Report 2022 11