Investor Presentaiton

ANZ 2023 Half Year Results PORTFOLIO REBALANCING SUPPORTS LOWER FUTURE LOSS PROFILE Exposure at Default² (% portfolio) Asset class & historical IP1 Sep 16 Mar 23 Lower loss rates Sovereigns, Mortgages, Banks (~5% of historical IP) Higher loss rates Corporate, 60% 65% Investment grade 17% 21% Specialised Lending (~35% of historical IP) Non-investment grade 16% 11% Personal Loans, Asset Finance, Credit Cards (~60% of historical IP) 1. Historical mix Individual Provisions (IP) 2015 to 2021 2. Excludes Credit Valuation Adjustment and Qualifying Central Counterparties Sold or exited >30 businesses • Growth in "low loss" portfolios while decreasing exposure to "higher loss" portfolios and segments 86% exposure Sovereign, Mortgage, Bank and Investment Grade Corporates Reduced exposure to non-investment grade corporates while increasing collateral cover Non-investment grade exposure Sep 16 Fully Secured 7% Mar 23 7% 7% 3% Partial / 9% 4% Unsecured 111

View entire presentation