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Investor Presentaiton

Overview of Macquarie Operating Groups 1Q23 Update Outlook Appendix Why Macquarie? Unbroken profitability FY22 net profit: $A4,706m up 56% on FY21 FY21 net profit: $A3,015m up 10% on FY20 Diverse business mix FY22 net profit contribution² ~44% ~56% by annuity-style by markets-facing activities activities Earnings growth 14% 5yr EPS CAGR¹ Geographically diverse 75% international 75% income in FY223 68% in FY21; two-thirds of ~ income generated outside of Australia Consistent dividend growth 6% 5yr DPS CAGR¹ T Group capital surplus 4 $A10.1b at 30 Jun 22 Average return on equity over last 15 years 14% FY22: 18.7% Strong shareholder returns Consistently outperformed major indices since listing ASX 205 - 2nd highest returns since listing Diversified Financials 5 - 1st MSCI World Capital Markets5 - 2nd MSCI World Banks5 - 1st Underpinned by a long standing conservative risk management framework 1. Based on 31 March 2022 2. Based on net profit contribution from operating groups. Net profit contribution is management accounting profit before unallocated corporate costs, profit share and income tax. 3. International income is calculated using net operating income excluding earnings on capital and other corporate items. 4. The capital surplus shown is above regulatory minimums including the capital conservation buffer (CCB), per APRA ADI Prudential Standard 110, calculated at 8.5% RWA on a Level 2 basis for MBL. This surplus also includes provision for internal capital buffers, forthcoming regulatory changes, as well as differences between Level 2 and Level 1 capital requirements, including the $A500m Level 1 operational capital overlay imposed by APRA from 1 Apr 21. Based on materiality, the 8.5% used to calculate the Group capital surplus does not include the countercyclical buffer (CCyB) of ~1bps. The individual CCyB varies by jurisdiction and the Bank Group's CCyB is calculated as a weighted average based on exposures in different jurisdictions. 5. As at 31 Aug 22. Based on companies that have been continuously listed since Macquarie's date of listing (29 Jul 96). O Macquarie Group Limited 7
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