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Allianz SE

Group Communications and Reputation

Media Release

Allianz SE

Chairman of the Superv isory Board: Michael Diekmann. Board of Management: Oliv er

Koeniginstr. 28

Bäte, Chairman; Sergio Balbinot, Jacqueline Hunt, Dr. Barbara Karuth-Zelle,

80802 Munich; Germany

Dr. Klaus-Peter Röhler, Iv an de la Sota, Giulio Terzariol, Dr. Günther Thallinger,

Phone: +49 89 3800 18475

Christopher Townsend, Renate Wagner (Release / Stand 01.2021). For VAT-Purposes:

Fax: +49 89 3800 2114

VAT-Registration Number: DE 129 274 114; Insurance serv ices are exempt f rom VAT.

www.allianz.com/news

Allianz SE, Munich, Comm.Reg.: Munich HRB 164232

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About Allianz

The Allianz Group is one of the w orld's leading insurers and asset managers w ith more than 100 million1 private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the w orld's largest investors, managing around 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, w e are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

These assessments are, as alw ays, subject to the disclaimer provided below .

Cautionary note regarding forw ard-looking statements

This document

includes forw ard-looking statements, such as prospects or expectations, that are based on

management's

current view s and assumptions and subject to know n and unknow n risks and uncertainties. Actual

results, performance figures, or events may differ significantly from those expressed or implied in such forw ard- looking statements. Deviations may arise due to changes in factors including, but not limited to, the follow ing: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in law s and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitiv e conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

The Allianz Group assumes no obligation to update any information or forw ard-looking statement contained herein, save for any information w e are required to disclose by law .

Privacy Note

Allianz SE is committed to protecting your personal data. Find out more in our privacy statement.

1 Including non-consolidated entities with Allianz customers.

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Allianz SE published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 12:39:09 UTC.