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Allianz calls a CHF 500 million subordinated bond

Subject to the Conditions to Redemption in accordance with § 4(d) of the Terms and Conditions of the Notes, the Notes will be redeemed on July 4, 2019 at their Specified Denomination plus any interest accrued until the date of redemption (excluding), all in accordance with the Terms and Conditions of the Notes.

No offer

This announcement and the information it contains are not being issued and may not be distributed in the United States of America. This announcement does not constitute an offer of securities for sale in the United States of America or to, or for the account or benefit of, any U.S. person or in any other jurisdiction. The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States of America or any other jurisdiction absent registration or an applicable exemption from registration.

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