Allianz Life Community Impact Tops $1.9 Million and Employees Volunteer 15,500 Hours for Local Nonprofits

2016 Giving and Volunteerism Report Highlights Company’s Annual
Community Contributions

MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz
Life®) announced in its annual Giving
and Volunteerism Report that nearly 1,500 employees volunteered
15,500 hours, an increase of 2,500 hours compared to 2014. Together with
corporate grants, vendor contributions and employee donations, the
company impact totaled $1.9 million to make a difference in the lives of
others.

Highlights of the company’s contributions include:

• Supporting financial literacy and senior services through $550,000 in
  corporate grants to 33 Twin-Cities nonprofit organizations.
• Raising more than $195,000 for the Alzheimer’s
  Association MN-ND Helpline through the Allianz Driving to Donate
  Golf Tournament.
• Collecting 24,090 pounds of food, 22,681 pounds of clothes, 3,684 toys
  (including 74 bicycles) and more than $100,000 in cash donations via
  the company’s year-round Spirit of Giving event—benefiting PRISM
  (People Responding In Social Ministry), Arc
  Greater Twin Cities, Toys
  for Tots and Second
  Harvest Heartland.

“We all benefit from a stronger community in which people have the
resources and support to live more confidently,” said Allianz Life
President and Chief Executive Officer Walter White. “I am grateful to
the employees who contributed thousands of volunteer hours in 2015 with
enthusiasm and dedication. They also supported our contributions of
nearly $2 million in grants and donations to help those who need it
most.”

Allianz Life’s 2016 Giving and Volunteerism Report is available
on the company’s
website and describes the corporate- and employee-driven giving and
community programs that Allianz Life supports. Allianz Life encourages
employees to get involved in volunteer activities—through hands-on work,
fundraising walks or runs, and other activities. When groups of five or
more volunteer together, Allianz Life backs their commitment with
financial support. In 2015, 1,478 employees took advantage of this
program and nearly $150,000 was donated to their chosen charities.

Other highlights from 2015 include:

• Reaching more than 6,500 students through Junior
  Achievement and BestPrep
  to advance youth financial literacy, as well as donating $100,000 to
  each organization.
• Awarding 10 post-secondary scholarships through the Allianz Legacy
  Scholarship Program which memorializes employees who have passed away.

About Allianz Life Insurance Company of North
America

Allianz
Life Insurance Company of North America, one of FORTUNE’s 100 Best
Companies to Work For in 2016, has been keeping its promises since 1896.
Today, it carries on that tradition, helping Americans achieve their
retirement income and protection goals with a variety of annuities and
life insurance products. In 2015, Allianz Life provided a total of $2.4
billion in benefit payments that supported policyholders’ financial
objectives. As a leading provider of fixed index annuities, Allianz Life
is part of Allianz SE, a global leader in the financial services
industry with 142,000 employees in more than 70 countries worldwide.
More than 85 million private and corporate customers rely on Allianz
knowledge, global reach, and capital strength to help them make the most
of financial opportunities.

Contacts

Allianz Life Insurance Company of North America
Tessa
Dahlstrom, 763-765-7763
tessa.dahlstrom@allianzlife.com