Allianz Finance II B.V. calls for redemption in whole the Euro 1,000,000,000 6.5 percent Guaranteed Subordinated Fixed to Floating Rate Bonds of 2002/2025 guaranteed by Allianz SE (ISIN: XS0159527505 / German Security Code: 377799) effective January 13, 2015, in accordance with § 5(4) of the Terms and Conditions of the Bonds.