30 JUNE 2024

PIMCO at a Glance
PIMCO is a global leader in active fixed income with deep expertise across public
and private markets. We invest our clients’ capital in income and credit
opportunities that span the liquidity spectrum, leveraging our decades of experiencenavigating complex debt markets. Our flexible capital base and deep relationships
with issuers have helped us become one of the world’s largest providers of traditional
and alternative investment solutions and a valued financing partner.

PEOPLE*

3,150+Employees
located in key financial centersaround the globe

270+
Portfolio Managers
with an average of 17 years ofexperience

PROCESS

170+

Designed to give portfolio managers a 360 degree view of risks and opportunities acrossglobal markets, PIMCO's investment process is powered by five key drivers.

Analysts and Risk Managers
perform rigorous, independent
research and analysis

23

MACRO THEMES
Cyclical and secular economic framework helps us
cultivate longer-term themes and set risk parameters
QUANTITATIVE RIGOR

Quantitative
Rigor

PORTFOLIOMANAGEMENT

enceanagemeciM

Robust, integrated risk
management usestargeted tools tosurface, manage anddiversify portfolio andfirm-wide risks

AkRis

RISK MANAGEMENTo Themes
Macreael Res rch
lev
etss

Data-driven insights
exploit structural
inefficiencies andenhance investment
decision-making

ASSET-LEVELRESEARCHntlra
vi oBeha

Dedicated sector
experts conduct
proprietary analysis andrigorous scenario
analysis to uncover
relative value acrosspublic and private
markets globally

BEHAVIORALSCIENCES

Embedded behavioral
science practices aredesigned to challenge
our base case andcombat biasesLocations
Headquartered in Newport Beach,CA, with 23 global offices
throughout the Americas, Europeand Asia, including eight trading
desks covering every time zone.
Investment Leadership
Our portfolio management team isheaded by our CIOs, but investment
decision-making is a team effort,drawing upon the skills and insights
of portfolio managers and analysts
around the globe.
•Dan Ivascyn, Group CIO•

Andrew Balls, CIO Global Fixed
Income•Mark Kiesel, CIO Global Credit•

Marc Seidner, CIO Non-traditionalStrategies•

Qi Wang, CIO Portfolio
Implementation•Mohit Mittal, CIO Core Strategies

All information is as of 30 June 2024 unless otherwise noted.
Past performance is not a guarantee or a reliable indicator of future results. All investments contain risk and may
lose value. There is no guarantee that investment or portfolio strategies will work under all market conditions or are
suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods ofdownturn in the market. Investors should consult their investment professional prior to making an investment decision.
This material has been distributed for informational purposes only and should not be considered as investment advice
or a recommendation of any particular security, strategy or investment product. Information contained herein has beenobtained from sources believed to be reliable, but not guaranteed.
* Employee data excludes PIMCO Prime Real Estate employees.

30 JUNE 2024

PERFORMANCE
We innovate to give our clients an edge, developing solutions
based on investors’ evolving needs and investing in tools andresources to help them succeed.

Solutions
PIMCO aims to deliver forward-looking solutions withstrategies that span vehicles, asset classes, sectors andgeographic borders.

AUM bystrategy***
30 June 2024

84%
of PIMCO assets
outperforming benchmarks
over a 5-year period(after fees)**

ASSETS UNDERMANAGEMENT(AUM)*PIMCO manages $1.88
entrusted to us by:•Central banks•

Sovereign wealthfunds•

Public and private
pension funds•

Financial andnonfinancial
corporations•

Foundations andendowments

Alternatives: 5%

Global: 8%

Asset Allocation: 2%

Income: 23%

Cash Management: 7%

Long Duration: 10%

Core: 11%Mortgages: 3%

Credit: 15%

Municipals: 4%•Financial advisors

Diversified Income: 2%

Other: 1%•Family offices

Emerging Markets: 3%

Real Return: 4%•Individual investors

Equities: 2%* PIMCO manages $1.88 trillion in assets, including $1.51 trillion in third-party client assets as of 30 June 2024. Assets include $81.1 billion (as of 31 March 2024) in assets managed by Prime Real
Estate (formerly Allianz Real Estate), an affiliate and wholly-owned subsidiary of PIMCO and PIMCO Europe GmbH, that includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate
LLC and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment
Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO.
** Based on PIMCO managed portfolios with at least a 5-year history. The after-fees performance of each portfolio was compared to the portfolio’s primary benchmark. If the after-fees portfolio
performance was greater than the benchmark performance for a given period, the assets in that portfolio were included in the outperforming data. Benchmark outperformance indicates theperformance of a portfolio as compared to its benchmark. As such, it does not indicate that a portfolio’s performance was positive during any given period. For example, if a portfolio declined 3%during a given period, and its benchmark declined 4%, the portfolio would have outperformed its benchmark, even though it lost value during the period. Certain absolute return oriented portfolios
contained within the data may inflate the data either positively or negatively due to the low return/volatility characteristics of the primary benchmark. For example a portfolio measured against 3month USD Libor would be more likely to out- or under perform its benchmark. No measure of past performance should be understood to ensure that future performance will be positive,
whether on a relative or absolute basis.
*** Strategy breakdown is based on third-party assets.
This material contains the current opinions of the manager and such opinions are subject to change without notice. This material is distributed for informational purposes only and should
not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources
believed to be reliable, but not guaranteed.

CMR2024-0229-3415143-T

PIMCO Europe Ltd (Company No. 2604517, 11 Baker Street, London W1U 3AH, United Kingdom) is authorised and regulated by the Financial Conduct Authority (FCA) (12Endeavour Square, London E20 1JN) in the UK. The services provided by PIMCO Europe Ltd are not available to retail investors, who should not rely on this communication but contact
their financial adviser. PIMCO Europe GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Europe GmbH Italian Branch (Company No.
10005170963, Corso Vittorio Emanuele II, 37/Piano 5, 20122 Milano, Italy), PIMCO Europe GmbH Irish Branch (Company No. 909462, 57B Harcourt Street Dublin D02 F721,Ireland), PIMCO Europe GmbH UK Branch (Company No. FC037712, 11 Baker Street, London W1U 3AH, UK), PIMCO Europe GmbH Spanish Branch (N.I.F. W2765338E, Paseode la Castellana 43, Oficina 05-111, 28046 Madrid, Spain) and PIMCO Europe GmbH French Branch (Company No. 918745621 R.C.S. Paris, 50–52 Boulevard Haussmann,75009 Paris, France) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany inaccordance with Section 15 of the German Securities Institutions Act (WpIG). The Italian Branch, Irish Branch, UK Branch, Spanish Branch and French Branch are additionally supervisedby: (1) Italian Branch: the Commissione Nazionale per le Società e la Borsa (CONSOB) (Giovanni Battista Martini, 3 - 00198 Rome) in accordance with Article 27 of the Italian
Consolidated Financial Act; (2) Irish Branch: the Central Bank of Ireland (New Wapping Street, North Wall Quay, Dublin 1 D01 F7X3) in accordance with Regulation 43 of the EuropeanUnion (Markets in Financial Instruments) Regulations 2017, as amended; (3) UK Branch: the Financial Conduct Authority (FCA) (12 Endeavour Square, London E20 1JN); (4) Spanish
Branch: the Comisión Nacional del Mercado de Valores (CNMV) (Edison, 4, 28006 Madrid) in accordance with obligations stipulated in articles 168 and 203 to 224, as well as
obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008, respectively and (5) French
Branch: ACPR/Banque de France (4 Place de Budapest, CS 92459, 75436 Paris Cedex 09) in accordance with Art. 35 of Directive 2014/65/EU on markets in financial instruments andunder the surveillance of ACPR and AMF. The services provided by PIMCO Europe GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities
Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH020.4.038.582-2, Brandschenkestrasse 41 Zurich 8002, Switzerland). The services provided by PIMCO (Schweiz) GmbH are not available to retail investors, who should not rely on
this communication but contact their financial adviser. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. © 2024 PIMCO

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