Apr 05, 2023 People Fact Book 2022 Download the reports

Employee

Engagement Appendix

Foreword

Dear colleagues,

2022 has been a profound year with many new challenges. We were barely over the hurdle of the COVID-19 crisis when the invasion of the Ukraine left the world breathless. Through the energy crisis and increasing inflation we have been faced with a whole new set of challenges. Thus, I was all the more impressed and prouder that we as Allianz were once again able to hold our own very well - thanks to the engagement and resilience of our people all over the globe.

Our business strategy continues to deliver and with it our People and Culture strategy, providing us with the confidence to secure the future of our customers.

Two out of the three main indices of our Allianz Annual Engagement Survey (AES) reached record highs in Allianz Group history, namely the IMIX score, an indicator of company culture, and the WWI+ score, a comprehensive measure of work-related stress at Allianz. Our third index EEI remained stable - a great indicator that our business and People and Culture strategy showing impact and our people appreciating it!

With our Engagement Matters program which we launched in 2022, we translate the feedback from our people and beyond into how we care every day, explicitly by providing engagement opportunities and advancements across the company within five key pillars: Health & Well-being; Strategy & Top Management; Jobs, Processes, Innovation & Change; Learning & Development; Recognition & Reward. Together, "We care for tomorrow" - for ourselves, our colleagues, our company, customers, and society! We started to increase our focus on strengthening mental health and well-being of our people in uncertain times, e.g., through a series of inclusive events, webinars, podcasts, and promotion of peer support programs such as the Mental Health First Aiders network in Allianz Australia. Because health always starts with oneself!

I am firmly convinced that hybrid is here to stay and that it is a fantastic opportunity to further leaand explore. I am enormously proud that in 2022, we started test fields for combined mobile work with working in the office, e.g., at Allianz in Germany and Allianz SE. With this, we leahow to best support our people to navigate through the new normal and how to further strengthen the capability of all our people. Hence, flexibility as a key part of our Employer Value Proposition will advance our market position and attract, retain, and engage top talents in 2023 and the years to come. While always keeping the needs of the business in mind and fostering a culture of diversity, inclusion, and innovation that spans five generations, we give our teams and everyone as much flexibility as possible. At the same time, we focused more on reconnecting in our offices and we will continue to do so. Because I truly believe that our Allianz culture is best lived when we come together, engage together, and deliver together.

I am very proud that this year again in the market, we were awarded with prestigious rankings and ratings: Allianz has been ranked number 1 again in Insurance in the Refinitiv Global D&I Index 2022 and is listed in Bloomberg's Gender-Equality Index for the 7th consecutive year. I am also very proud that we further enhanced our Great Place To Work® ambition, with 15 certified operating entities worldwide in 2022, and that our Allianz insurance entities are globally EDGE Assess certified. Furthermore, we came in first with "Equal Pay" in the category HR Tech & Digital of the renowned Deutscher Personalwirtschaftspreis and won the HR Excellence Award in the category Analytics & Technology; Allianz is number 1 in the German Diversity Index, improving from last year's strong 2nd place.

We care for tomorrow and our people make the difference every day. More insights on our achievements can be found in our 2022 People Fact Book. I hope you will enjoy the read.

Bettina Dietsche

Chief People and Culture Officer at Allianz

Content

02 Workforce Representation & Diversity,

WE SECURE YOUR FUTURE

As of December 31, 2022

Total number of employees1

159,253

48% 52%

men women