Financial Performance and Remediation Update

IMPROVING SHAREHOLDER RETURNS WHILE RETAINING A STRONG BALANCE SHEET STRONG PROVISIONING AND CAPITAL (%) +43bps of organic CET1 generated in 2H21 CLEAR CAPITAL AND DIVIDEND SETTINGS IN PLACE 10.75 11.25% target range for CET1 over time - 13.00 1.56 1.35 11.47 12.25 10.38 0.96 Sep 19 Sep 20 Sep 21 Sep 19 Sep 20 Sep 21 ■CP/CRWAS ■CET1 Ratio IMPROVING SHAREHOLDER RETURNS Cents 228 Sep 21 Proforma¹ 65-75% payout ratio range of cash earnings by which future dividends are to be guided, subject to Board determination based on circumstances at the relevant time Return on Equity 199 166 154 $2.5bn 127 60 60 Share buyback underway with $2.0bn remaining 12.4% 10.7% 8.3% FY19 FY20 Basic Cash EPS ⚫DPS FY21 FY19 FY20 FY21 6 (1) Pro forma impacts include estimated impacts from agreed sale of BNZ Life (+7bps), upfront impact of the proposed acquisition of Citigroup's Australian consumer business (-34bps) and the remaining $2.0bn of on-market share buy-backs (-48bps). Both the proposed acquisition of the Citigroup Australian consumer business and the sale of BNZ Life are expected to complete in 2022, subject to relevant regulatory approvals. Final capital impact of each transaction will be determined following completion National Australia Bank

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