Financial Performance and Remediation Update

CLIMATE ACTION IS A PRIORITY AND A KEY LONG-TERM GROWTH OPPORTUNITY ALIGNING OUR PORTFOLIO TO NET ZERO BY 2050 • • First Australian bank to sign the UNEP FI Collective Commitment to Climate Action, with our goal to align our lending portfolio to net zero emissions by 2050 $56.3bn in environmental financing to customers since 20151 • Carbon neutral in operations for over a decade, focused on sourcing 100% of our electricity needs from renewable sources by 2025 • Finalised oil and gas review and published updated ESG credit risk settings for coal, oil and gas sectors • Exposure to fossil fuels² in energy generation portfolio down ~25% on 30 September 2016 with exposure to clean energy² increasing 110% WELL POSITIONED TO SUPPORT ACTION BY CUSTOMERS #1 Australian bank for global renewables transactions³ · • Driving innovation in finance products to support the transition e.g. sustainability-linked derivatives, founding member of the carbon trading network4 Investing in our bankers Backing over 150 domestic and global renewable energy finance transactions Renewables EAD as a % of energy generation5 52% 42% 31% 31% 29% 29% 48% 58% 69% 69% 71% 71% 2016 2017 2018 2019 2020 2021 ■Renewables ■Gas, coal & mixed fuel OUR CLIMATE STRATEGY GOAL OF ALIGNING OUR LENDING PORTFOLIO TO NET ZERO EMISSIONS BY 2050 *** WORKING WITH CUSTOMERS TO DECARBONISE AND BUILD RESILIENCE MANAGING CLIMATE RISK Oo. ACTIVELY REDUCING OUR OWN EMISSIONS Supported by HIGHLY CAPABLE COLLEAGUES Q RESEARCH, PARTNERSHIPS AND ENGAGEMENT (1) Represented as a cumulative amount of new environmental finance since 1 October 2015. Refer to the Group's 2021 Sustainability Data Pack for a further breakdown of this number and reference to how the environmental financing commitment is calculated (2) Fossil fuels includes net EAD to gas, coal and mixed fuel. Clean energy includes net EAD to wind, hydro and mixed renewables. Excludes exposure to counterparties predominantly involved in transmission and distribution (3) Rankings based on IJGlobal League Table, MLA, Renewables, 12 months ending 30 September 2021. (4) An international collaboration between NAB, CIBC, Itaú Unibanco and NatWest Group to organise the carbon offset market with an efficient, transparent system for buying and selling that puts a price and measure on carbon National Australia 16 Bank (5) NAB methodology (based upon the 1993 ANZSIC codes) at net EAD basis. Excludes exposure to counterparties predominantly involved in transmission and distribution. Vertically integrated retailers included and categorised as renewable where majority of their generation activities sourced from renewable energy. More detail at https://www.nab.com.au/about-us/social-impact.

View entire presentation