03 Strategy AllianzGI has been at the forefront of responsible investing since the launch of our first sustainable investing portfolio in 1999. Climate change is arguably the greatest challenge of our time for all our stakeholders and, given the volume of assets we manage, we can be of some influence in driving positive change. As an asset manager, sustainability considerations in general, and climate change considerations in particular, are an integral part of our investment strategy, investment processes and investment product development as well as business operations. Acknowledging that there is an urgent action required to accelerate the transition towards global net zero emissions, AllianzGI was proud to join and become a committed member of the Net Zero Asset Managers initiative in 2021. We are supporting the goal of net-zero GHG emissions by 2050 in line with efforts to limit global warming to 1.5°C. We also encourage investee companies to integrate climate change considerations in their strategic decision- making process. AllianzGI TCFD Report 2021 7