A joint commitment. Ride safely.

PARTNERSHIP

CHAPTER ONE More than a quarter of the world’s population live in cities with more than one million inhabitants. The United Nations projects that by 2050, 68% of the world’s population (approximately 4 billion people) will live in cities, and yet urban infrastructure is far from catching up. Traffic in the world’s cities is getting worse; vehicle speeds in many city centers are now averaging as little as 15 kilometers an hour; and car ownership costs are rising while cars sit parked inactive 95% of the time. In 2018, car drivers spent a total of 154 hours or six days in traffic jams during rush hour in Berlin1.

In the recent “Mobility of the Future” report, commissioned by Allianz

Partners, renowned futurologist Ray Hammond predicts that changes in car ownership and consumer behavior is one key trend which will continue to revolutionize the mobility landscape. By 2040, most city dwellers in developed countries will no longer own a private car but will become subscribers to mobility instead. For short journeys, city dwellers are increasingly favoring shared electric bicycles and scooters and the adoption of micromobility continues to be an increasingly popular way to address these mobility challenges.

Today, micromobility is a category of urban transportation that addresses short-distance passenger trips under

10 kilometers with lightweight-vehicles such as owned or shared electric scooters, electric mopeds and bicycles. Trips of less than 8 kilometers account for as much as 50 to 60 percent of today’s total passenger miles traveled in China, the European Union, and the United States2.

The rise of micromobility

1.The Local - Germany | 2.Micromobility’s 15,000-mile checkup

More than 200 cities worldwide and 90 in Europe have already adopted electric scooters.

In France, the micromobility market exploded in 2018 with an increase in sales of electric scooters of more than 129%, supported by an exponential growth in use3.

Thus, 11% of Parisians use scooters often. Since launching in Paris in June 2018, Lime has powered 1% of all travel in Paris, and it took bicycles 25 years to achieve the same share! Lime riders in Paris report that they save 11 minutes on average per trip.

Beyond the flexibility of travel and time saved, electric scooters are a sustainable transportation solution. Lime estimates that by replacing car trips with Lime rides, their users have saved more than 32 million kilometers of car travel since launching. This means savings of over 11,000 metric tons of

carbon emissions or more than 3,830,000 liters of gas.

However, the importance of safety within the industry remains the foremost consideration, and must be considered with great importance and enhanced as micromibility continues to grow.

With the increasing popularity of e-scooters, a rising number of riders can mean an increase in the number of incidents and consequently of injuries sustained. A continued investment in infrastructure and protected bike lanes coupled with innovative rider and non-rider safety programs is critical to providing a safer environment for all.

In 2019, the U.S. Center for Disease Control (CDC) conducted a study which highlighted that new riders account for two-thirds of injuries. The study also found that most injuries could have been prevented if riders had worn helmets.

For this reason, Lime introduced First Ride, an in-person education covering local rules and basic riding tips, to familiarize first-time riders with proper and safe scooter use.

1.The Local - Germany 2.Micromobility’s 15,000-mile checkup 3.Smart Mobility Lab, 20193. Smart Mobility Lab, 2019 3.Smart Mobility Lab, 2019

Details and overview of Insurance ProgramAllianz and Lime have entered into a global strategic partnership focused on improving the safety of micromobility with a custom insurance program with two types of insurance: Liability Insurance and Personal Accident Insurance, at no extra cost for the rider. This program will be rolled-out in a first wave across Europe, and has already launched in France, as well as in Germany, Italy, Portugal, and Denmark.

Comprehensive insurance program to protect riders in

emergencies

Joint safety campaign and

measures

CHAPTER TWOAllianz and Lime

jointly addressing safety needs in micromobility industry

Further markets in Asia and the Middle East will follow later in 2020 and 2021 (details to be defined).

The Main pillars of partnership

*Markets and products already launched

Markets Liability Insurance Personal Accident Insurance

France

Portugal

Czech Republic

Israel

Germany

Austria

Finland

Norway

Spain

Denmark

Belgium

Greece

Poland

Sweden

Italy

Bulgaria

Hungary

Romania

Switzerland

Details of joint safety campaigns Recognizing the importance of prioritizing safety for riders and the communities they serve, the two partners have co-designed a two-year safety campaign to run until March 2022, aiming to advance micromobility safety issues around the world.

This campaign will feature the following initiatives:

These initiatives will launch initially in France in cooperation with the local Allianz network and subsequently the program will be adapted and rolled-out to other markets in the coming months.

Helmet sponsorship: Allianz is sponsoring 50,000 helmets over the two year campaign.

Scooter-certification: Riders will be invited to participate in an interactive test about e-scooter road safety, with the possibility of receiving a complimentary Lime ride.

Local ride safety trainings: Riders can learn about road safety through engaging videos and by attending e-scooter ride safety trainings where Allianz-sponsored helmets will be distributed.

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CHAPTER THREE Allianz:

providing road safety for over a centuryWith more than 130 years’ experience of accompanying drivers on the road, Allianz has always been evolving to go beyond being just an insurance provider, continually extending its portfolio and providing innovative and more service- and convenience-oriented solutions for customers.

Connected cars, autonomous driving, car-sharing, micromobility and electro-mobility are the new normal of the automotive and mobility industry, requiring seamless services and individualized offerings rather than merely protecting property and assets. As a strong partner of OEMs and new mobility providers, by combining insurance, assistance and technology,

Allianz converts classic roadside assistance into digitalized service enhancing customer experience on the road. Allianz is creating tailored solutions for sharing providers or peer-to-peer riders, whilst taking the fundamental consideration of safety extremely serious.

Allianz is at the pulse of trends and developments around New Mobility and the Shared Economy around the world and actively monitors and supports developments with innovative insurance solutions and services, with the aim to ensure greater safety.

Some major Allianz Group contributions To the mobility industry:

In 2014, Allianz Automotive, the mobility specialist brand of Allianz Partners, establishes a dedicated unit to develop and launch innovative insurance products and service solutions for emerging mobility ecosystems globally. The aim is to meet changing customer needs and develop new business models and mobility concepts jointly with Original Equipment Manufacturers (OEMs) and new mobility players.

Today, Allianz partners with over 50 car brands in more than 30 countries, providing solutions that can be embedded seamlessly inside client ecosystems. These innovative experts go beyond traditional insurance, focusing on technological mobility trends to anticipate and respond to changing consumer needs and behaviors.

1918

1971

1976

2014

TODAYAllianz starts its automotive business by founding Kraft Versicherungs-AG (together with Munich Re and the Imperial Automobile Club). This becomes the largest motor insurer in Germany with the increase in motor traffic in the 1920s.

Starting in 1971, the Allianz Center for Technology (AZT) conducts thousands of crash tests to improve vehicle technology and road safety. In addition, AZT continuously investigates new vehicle technologies and trends in close cooperation with different partners from the automotive industry.

On 1 January 1976, the wearing of seat belts in the front seats becomes compulsory in Germany. Allianz is one of the main political “driving forces” behind this safety equipment.

Allianz France is the insurer of Cityscoot, the main European player of free floating e-moped service. Allianz France, with a tailor-made insurance program, accompanies the development of Cityscoot in Europe (Paris, Nice, Roma, Milan, Barcelona).

Global milestones for Allianz in new mobility and C.A.S.E* trends:

2013

2014

2016

2016

2016

2016

2017

2017

A partnership for the future of mobility: BMW Group and Allianz jointly develop an international and innovative insurance package for the BMW i3 electric vehicle.

Allianz France becomes the European insurer of Getaround (ex. Drivy), the global P2P car-sharing platform leader. Allianz is the Getaround insurance provider for 6 countries (Germany, Austria, Spain, UK, Belgium and France).

Allianz Automotive becomes international insurance partner of peer-to-peer car sharing provider SnappCar.

Allianz Automotive enters into a partnership with BMW/Sixt joint venture company DriveNow in Italy.

Allianz France, via its strategic fund InnovAllianz, takes a stake in Hiflow (ex. Expedicar / Luckyloc).

Allianz Automotive becomes the exclusive European partner of car2go, the world’s largest free-floating carsharing provider (Markets covered: Germany, Italy, Netherlands, Austria, Spain, France).

Allianz Automotive starts insuring EasyMile’s autonomous vehicles.

* C.A.S.E: Connected, Autonomous, Shared, Electric.

2020 20202020

2020

2017Allianz France invests in Heetch, a french ride-hailing service operating in Europe and Africa.

2017Allianz Center for Technology becomes a partner of the L3Pilot, an European research project on automated driving technologies that involves all major OEMs.

2018Allianz Automotive grows it’s New Mobility portfolio by entering into partnerships with various mobility service providers such as Greenwheels (DE & NL) and Turo (Germany & UK).

2018Allianz Center for Technology defines a global standard for virtual vehicle keys.

2019Allianz Partners accompanies AIWAYS on its great Electric Vehicle adventure from China to Western Europe by providing road side assistance services over the 14,231 kilometer (8,843 miles) journey.

InnovAllianz, Allianz France’s strategic fund, invests in Cityscoot, free-floating electric moped service.

First crash test of an electric vehicle from a Chinese manufacturer, AIWAYS, in the Allianz Center for Technology.

Allianz France invests in the new e-moped rental service with battery swapping, ZEWAY.

Allianz Partners and Lime start an international partnership in order to further increase safety

and security in micromobility.

2019Allianz Partners launches the product MyMobility in Italy, which offers personalized mobility protection and trip tracking to cover customers entire mobility behavior.

CHAPTER FOURLime: a commitment to responsible and safe micromobility

Lime was founded in 2017 with a mission to connect people and places for a healthier, cleaner and more equitable city. Since then, Lime has become the global leader in micromobility and expanded to 110+ cities in 30+ countries on 5 continents and has surpassed over 130 million trips globally, with 20 million rides in Paris alone since 2018. Safety for all is at the heart of Lime’s efforts and the global micromobility leader is constantly pushing the boundaries of safety innovation. This includes Lime’s Gen 3 scooter which was built with safety at the forefront of the design with specialized brakes, improved suspension, and larger wheels. Lime also works closely with cities to ensure the right shared mobility program is built for each community. This includes sharing data to help governments improve urban planning, enhance biking and pedestrian infrastructure and tackle congestion.

Lime also proactively engages riders and communities to showcase the benefits of micromobility and inform users on how to ride safely and courteously, park responsibly, and respect the rules of the road. Lime has implemented numerous safety measures that include:

First Ride Education:

Cultivating Safe Rider Habits:

Rider education must start from the most important ride users will take - their first. Many riders are new or infrequent users of scooters and two-wheeled vehicles and Lime is addressing this with First Ride events around the globe. To date, Lime has organized over 200 First Rides in over 60 cities with more than 4,000 participants.

Education cannot stop after the first ride and Lime aims to build safe habits for every subsequent ride. Lime’s innovation in technology continues to push riders towards safer riding behavior. Over the past year, Lime has introduced Drunk Riding Prevention, Sidewalk Detection and Just In Time notifications. Lime also invests in ongoing global public awareness campaigns and recently launched a website dedicated to safety, in addition to sending regular in-app reminders for health and safety best practice. Lime has invested €3 million in the “Respect the Ride” campaign where 250,000 free helmets were given away and 140,000 riders to-date have pledged to follow safe riding practices that ensure safer streets for everyone. Lime also facilitated the industry’s first Education and Safety summit last year in both San Francisco and Berlin.

The urban revolution underway is no small effort, requiring the leadership of governments, public transit agencies, non-profits, and the private sector. Lime is leading this movement with e-scooters quickly becoming a critical piece of city infrastructure and vital to the global recovery.

ABOUT ALLIANZ GROUP

About Allianz Partners

Allianz Group has over 147,000 employees worldwide who serve 100 million customers in more than 70 countries. Allianz is the German insurance market leader and has a strong international presence. In fiscal year 2019, the Allianz Group achieved total revenues of approximately 142 bn euros and remained the no. 1 insurer in the Dow Jones Sustainability Index. Allianz is one of the world’s largest asset managers, with third-party assets under management of 1600 bn euros at the end of 2019. For over 125 years, Allianz has stood by its clients, protecting them and helping them to realize their goals in life.

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses or sold directly to customers, and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care. Present in 75 countries, our 21,100 employees speak 70 languages, handle over 71 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

For more information, please visit: www.allianz-partners.com

About Allianz Automotive

About Lime

Allianz Automotive provides a broad portfolio of insurance and mobility services to automotive manufacturers and mobility service providers. Driven to add value and benefit for our business partners, we deliver customized products and service solutions for motor insurance, warranty, assistance and ancillary products. We partner with over 50 car brands in more than 30 countries, providing solutions that can be embedded seamlessly inside client ecosystems. Our innovative experts go beyond insurance, focusing on technological mobility trends to anticipate and respond to changing consumer needs and behaviours. Allianz Automotive is a specialized brand bundling the automotive business of Allianz Partners.

Lime is the world’s leading micromobility provider connecting people and place for a healthier, cleaner and more equitable city. Lime works closely with local stakeholders to tackle cities’ most pressing challenges and evolving transportation needs working towards the seamless and safe movement of people stretching across communities. Lime has powered over 130 million rides on five continents providing electric scooters and bikes as a clean alternative to car ownership. Ride by ride, Lime is reimagining the future of a People First City, a place designed and powered by the people. Learn more at www.li.me

ridesafely.allianz.com