SDG-aligned: – applies our sustainable minimum exclusions – focuses on investing for positive outcomes. We invest in companies that are providing solutions to address the world’s challenges and are helping to meet the environmental and social targets set out in the UN Sustainable Development Goals. SRI best-in-class The SRI best-in-class approach is part of our S ustainability-focused categor y. SRI best-in-class: – applies our sustainable minimum exclusions – aims to build sustainable portfolios from a focused investment universe based on ESG criteria. We take into account financially material and non-material ESG risk-factors as part of our company analysis. We build portfolios with a view on superior ESG quality and apply our sustainable minimum exclusions. At the core of our approach is a proprietary analysis and rating methodology that seeks to identify the best and worst practices within each sector, combining these elements with a qualitative assessment carried out by our in-house Sustainability Research & Stewardship analysts. Sustainability-focused One of our three product categories. Within this product category, we offer investment approaches seeking financial returns and sustainability objectives/values. All products in this category apply our minimum exclusions for sustainable strategies and at least one of the following investing approaches: SRI best-in-class , KPI-based approach and Climate Engagement with Outcome (CEWO) . AllianzGI concepts AllianzGI Sustainable Investing – Glossary 28