Allianz offers customers an increasing number of green solutions

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1 page 1/6 Allianz offers customers an increasing number of green solutions Climate change is one of the biggest challenges we face in the next decades. Experts expect further increases and volatility in risks and losses to result from global warming. Therefore Allianz aims to increase awareness for climate risks in the public debate and to promote new areas of action and business opportunities surrounding green solutions. Hereby, Allianz takes a leading role on the issues. Within the last years Allianz Group has developed many products and services that help clients to e.g. adapt and mitigate climate change or take its environmental impact into account. This fact sheet comprises a selection of more than eighty green solutions Today, Allianz green products and services cater to private or corporate customers all over the world and include insurance, asset management and other specialized solutions. Climate change and environmental protection continue to be of high interest for the political agenda and society at large. With our green products and services, we help customers to be green when it comes to financial services, says Armin Sandhövel, CEO of Allianz Climate Solutions. An increasing part of our business is green. However, it is difficult to give precise numbers, since many standard products now have green aspects, adds Sandhövel. On top of green solutions Allianz invests in renewable energy and energy efficiency projects supporting its CO 2 reduction strategy. Allianz offers many green solutions that help our customers cope with the changing environment: In car insurance, products range from car insurance discounts for hybrids, driving less or using public transport, to sophisticated solutions where customers can elect to offset their emissions when purchasing insurance or upgrade to hybrids after an accident. Property insurance provides special cover for using renewable energies or upgrading a home or property to be green. Some subsidiaries offer energy consultations or energy certifications. Solutions agains natural catastrophes and those that protect natural resource for example: weather risk solutions. Asset management products include funds that invest in renewable energies, water or green technology or in companies that are environmentally sustainably managed. Other solutions include loans for renewable energies equipment of property, or a carbon reduction insurance program. Allianz companies with Green Solutions Allianz UK Allianz Ireland Allianz Belgium Fireman s Fund USA Allianz Global Assistance, France Allianz Spain Allianz Czech Republic Allianz Bank Germany Allianz Poland Allianz Slovakia Allianz Greece Global business: Allianz Global Corporate & Specialty (AGCS) Allianz SE Reinsurance Euler Hermes Allianz Argentina Allianz Australia

2 page 2/6 Allianz insurance solutions for private and commercial clients Car insurance private client solutions Allianz Australia Motor (low km/low vehicle use discount) Premium discount for customers that do not use their vehicle to commute daily to work or study (e.g. because they use public transport) and/or travel less than a certain number of kms per week. Allianz Belgium Allianz Ireland Environmental motor discount Reduced insurance premiums for low-emission vehicles (Ireland: minimum 10% discount, Bulgaria 5%, Belgium 5% discount on annual car insurance for vehicles with CO 2 < 116g/km and Italy discount on hybrid cars which grant a 25% reduction on MTLP rates, electric cars are granted a 50% reduction on MTLP rates). Allianz UK Recycled Parts in Vehicle Repair A program to encourage policyholders, other vehicle insurers, car-repairers and manufacturers to use recycled parts for vehicle repairs. Discount for e-automobiles Discount on automotive liability and assistance physical damage insurance for customers that drive e-automobile. Special service for e-automobiles through roadway repair service. Covers long distance pick up drives to special e-car repair shops and plug in hybrids. Allianz Ireland Eco-Bonus 20% discount on annual car insurance for customers that hold annual public transportation passes. Fireman s Fund, USA Green Auto Hybrid Upgrade Replaces vehicles after a total loss with a new model and offers an upgrade to a hybrid vehicle. Car commercial client solutions Allianz Czech Rep. on hydrogen Buses Offers insurance for hydrogen bus with hybrid electric propulsion and hydrogen fuel cell. Green Car Offers coverage for modern vehicles that are environmentally friendly and following the environmental criteria in Italian city centres. Fireman s Fund, USA Green Commercial Car Offers new replacement coverage for commercial vehicles, insuring the full replacement cost of autos that are stolen or damaged beyond repair. A hybrid upgrade endorsement is available. Property private client solutions Allianz Australia Fireman s Fund, USA Home Building Green for Old benefits of passive houses and renewable energy Home Content Green for Old benefits In the event of a total loss an additional $ 5,000 is available for expenditure on solar hot water, photovoltaic power, grey water recycling systems or rainwater tanks for no additional premium. Money can be leveraged with government grants/rebates, which can increase the value of improvements. Offers a coverage for passive houses plus related photovoltaic and housing technology facilities. In the event of loss or un-repairable damage low efficiency white goods and TV-Sets are upgraded to energy efficient products without paying any additional premium.

3 page 3/6 Property private client solutions Allianz Belgium Fire Solar Covers solar panels and eco-installations (as for example heat pumps). Offers an extended option No that covers the cost of soil remediation (including the removal, transportation and land filling of contaminated soil). Allianz Czech Rep. Allianz Global Assistance, France Home : Renewable energy equipment Germany: Energy Package & Energy Advisory Services France: Energy Saving Pack Covers all risks (technical, natural, thefts, damage) or selected risks. Package for home owners which provides: energy calculator, diagnosis and evaluation of energy performance of property, advice for the investments to improve energy savings and domestic CO 2 emissions, craftsmen service for upgrading the property, and special financing for modification of the building. Fireman s Fund, USA Green Homeowners Offers coverage to policyholders with green homes or that want to upgrade their residences with green features after a loss using environmental safety and efficiency standards. Homeowners with residences that are already green are granted a 5% discount. Energy Star Buildings Discount and Advisory Green Risk Advisor Policyholders with Energy Star buildings are eligible for a five percent discount since The tool helps property owners to benchmark their buildings energy and water consumption to identify under-performing buildings and work with policyholders to set related investment priorities, develop energy management goals, and track performance and savings over time. Provides property owners with green insurance information, tools and resources. The Green Risk Advisor web site to informs on how businesses can learn about the green economic value proposition, understand how green insurance works, and identify and implement no- and low-cost green and sustainable techniques. Property Against business interruption for carbon credit operations. Property commercial client solutions Allianz Argentina Allianz Spain Allianz UK Renewable Energy & Services Other packages for various types of renewable energy installations (wind, photovoltaic, biogas, biomass, biodiesel, wave & tidal energy), technical advisory services, financing of the installations. May include insurance of construction and Third Party Liability as well as providing a risk analysis. Green Risk Management Provides solutions to come to grips with energy costs, lower CO 2 -emissions and possible risks. Construction and Building Covers the building of renewable energy plants (wind, thermoelectric and hydroelectric power).

4 page 4/6 Property private client solutions Allianz Greece Photovoltaic insurance package Targeting small and medium solar photovoltaic investments in Greek territory. AGCS (global) Green reinstatement for corporate clients Provides solutions to protect both financial and environmental investments, in case customers have built green buildings, made green renovations to existing buildings or want to rebuild green in the event of a loss. Fireman s Fund, USA Green Sustainable Manufacturing Coverage after partial or total loss. Replaces replace damaged business property with green -rated equipment, products and construction materials. Offers pricing credits to manufacturers who employ sustainability initiatives, practices and products. Green-Gard Green Building Replacement of standard systems and materials with green ones after a loss. In event of total loss rebuilding costs will be covered to rebuild as a green certified building. If the property is already green -certified it benefits from a 5% premium discount on its regular insurance coverage. All Risk discount Discounts on All Risks insurance to businesses having a certified environmental management system (ISO or EMAS) based on an agreement between the Italian Entrepreneurs Association and the Italian Insurers Association. covers wind, photovoltaic, biomass, small hydroelectric plants with CAR (Construction All Risks), at times associated with Third Party Liability, and Operational All Risks, less often associated with Third Party Liability against damages by third parties, natural events and machinery breakdown. Environmental Reward Corporate customers who have introduced an environmental management system certified in accordance with ISO or validated by EMAS will receive a reduced premium on their insurance policy. Allianz UK Energy Certification Products A suite of products launched in line with the EU Energy Performance of Buildings Directive (EPDB) incl. energy certification for buildings or for heating and cooling systems. Green replacement on machinery A number of products (e.g. computer and machinery breakdown) allow an insured pay up to 10% more than the normal new replacement value for an equivalent machine, to instead replace with a machine that; consumes less power, is made of more environmentally materials (is more recyclable) or uses less materials. against natural catastrophes / of natural resources Allianz Australia Plantation The value of carbon credits expected to be generated by plantations can be incorporated into the insured value so that compensation for the loss of value of the credits can be obtained in the event of a loss (e.g. fire). Crop Water Stress of passive houses and renewable energy Covers corporate clients for yield loss in large scale crops due to erratic rainfall. Offers a coverage for passive houses plus related photovoltaic and housing technology facilities. Home Content Green for Old benefits In the event of loss or un-repairable damage low efficiency white goods and TV-Sets are upgraded to energy efficient products without paying any additional premium.

5 page 5/6 against natural catastrophes / of natural resources AGCS (EU) Allianz Slovakia Allianz SE Reinsurance Environmental Pollution Liability Forestry Covers sudden, accidental and unexpected pollution of the environment if it was caused by an event that deviates from the normal production process. Covers against fire, weather risk or other extraordinary natural phenomena. Electronic Equipment Material damages, of the insured photovoltaic property, including operation system of solar power-plants; Material damages to data storage devices, and consequential loss of data stored on them, increased costs, required for continuing the business activity following the occurrence of an insured event. covers as well profit loss due to material damages of electrical equipment after natural calamity, hail, windstorms, inundations etc. Allianz Czech Rep. of biogas stations Offers special tailor-make insurance of biogas stations and supports energy production coming out from renewable resources. Decontamination Disposal Covers in the event of soil contamination and subsequent waste disposal as an option in real estate insurance policies. AGCS (global) Weather Risk Solutions Coverage against changes in temperature, precipitation, wind and other weather elements as they may influence businesses by causing increased costs or delay, reduced supply of resources, or decreased demand-based revenue. Onshore facilities sea pollution Liability Covers damages caused by oil or other harmful substances (incl. legal liability, clean-up costs, injury/death of third parties, property and water pollution). Damage that predictably or gradually occurred, is excluded from coverage. MPCI & Weather Index Crop Weather Program Covers farmers against weather risks that can cause losses and bankruptcy. Covers fluctuations in incomes or expenses depended on weather changes for different spheres of business (energy, construction, travel, retail and etc.). Asset management products Allianz Euréco Equity: an environmentally themed SRI fund The fund selects companies through ESG screening criteria (environment, social, corporate governance, business behavior & human rights). Investee companies provide environmental products, solutions and services by focusing on companies operating in the key areas: Reduction of harmful emissions (energy efficiency), Renewable energies (solar, wind, biomass, hydraulic), Environmental services (infrastructures, water, sanitation). RCM RCM Global Water Fund Invests in companies that are improving the availability of clean water around the world. Allianz Global Eco Trends Fund Invests in companies offering products and services in eco-energy (alternative energy resources), pollution control and clean water. Approx. 20% are invested in emerging countries.

6 page 6/6 Others Allianz Belgium Mortgage Loans Special reduction on mortgage loans for environment-friendly home investments. Surety Coverage For renewable energy projects (wind, biomass, photovoltaic, hydro), all the projects that require performance, bid, warranty or completion bonds, and down payment to get a finance approval. Allianz Bank Germany Photovoltaic loans Allianz Citizen Care SRI: a socially themed SRI fund Sustainable unitlinked life insurance with sustainable options Retail loan to finance photovoltaic panels installed on client s roof tops which feed electricity into local grids. The fund selects companies through ESG screening criteria (environment, social, corporate governance, business behaviour & human rights). It focuses on companies which demonstrate responsible conduct vis-à-vis citizens / consumers and their environment. Investee companies provide solutions to the growing need for citizen / consumer protection (e.g. healthcare, inspection/certification services, water & waste treatment, non toxic construction materials...). Enables customers to direct the money for unit-linked annuity insurance to sustainable investment funds. Customers of Allianz Life have the possibility to design their individual unit linked life insurance since January 1, Sustainable Funds Offers customers the opportunity to invest in a number of green or sustainable funds, including funds which invest in renewable energies. Funds are either managed by Allianz or third parties. Allianz Poland Allianz Bonus: Climate+Climate Core Endowment policy structured products. Structured part is built from climate-oriented indexes (new energy, water power, agriculture products, biofuel, etc.). Sold for both individual clients and external distributors. Euler Hermes (global) Carbon Reduction Program Corporate clients Bond Aims at enterprises implementing greenhouse gas emission reduction projects and creditors thereof. The developed program covers risks incurred by participants of the emission reduction market under the Kyoto protocol. Bonds for corporate clients which are active in wind power, hydro power, solar energy, biomass, biofuel. These bonds support the construction, completion and operation of all sorts of renewable energy facilities. Allianz Climate Solutions (ACS) advises external customers as well as Allianz Group companies on issues concerning renewable energy, clean technology and the carbon market. ACS has many years of experience in renewable energies and provides customers with access to innovative insurance products, market expertise as well as detailed risk assessments. The Allianz Group has an extensive global network and outstanding competencies, which are combined with the expertise of Allianz Climate Solutions creating synergies which benefit our customers and partners. ACS was founded in 2007, its CEO is Armin Sandhövel. Contacts: Climate & Responsibility: Nick Tewes, [email protected] P&C: Katerina Piro, [email protected]; for individual products and solutions, please contact the spokespersons of the individual local subsidiaries. Further information: Related publications: Allianz Sustainable Development Report Fireman s Fund Green Press Kit RECIPE study Tipping Points Study Compiled by: Katerina Piro, Group Communications, P&C Project, [email protected]; Uta Tandler, Group Communications, P&C Project, [email protected]