Investor Presentaiton

AIR TRAVEL AND RELATED SERVICES EXPOSURE AT DEFAULT EAD $11.3bn EAD $10.1bn 0.7 10.3 0.7 8.6 0.3 0.8 ■ B&PB ■C&IB ■ NZ ■ B&PB ■ C&IB ■ NZ KEY CONSIDERATIONS ~2% of non retail EAD • Portfolio comprises airlines which are usually national carriers and sovereign owned, airports, lessors and service companies supporting the aviation industry • Ongoing disruption caused by COVID-19 related travel restrictions, with length and severity unknown. However, sovereign support and access to capital markets remain • EAD reduction Sep 20 vs Mar 21 driven by FX movements and reduction in derivative exposures Sep 20 Mar 21 EAD PORTFOLIO BY SECTOR AND SECURITY¹ Aircraft leasing 30% Air Transport 34% 90+ DPD AND GIAS AND AS % OF SECTOR EAD ($m) Service to Air Transport 36% Partially secured 51% 0.46% 0.45% 0.40% 0.43% 0.77% 0.16% 77 Fully secured 43% 49 47 47 48 16 Unsecured 6% Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 Mar 21 190+ DPD & GIAS as % EAD (1) Fully Secured is where the loan amount is less than 100% of the bank extended value of security; Partially Secured is where the loan amount is greater than 100% of the bank extended value of security; Unsecured is where no security is held and/or no value held against the security and negative pledge arrangements are normally in place. Bank extended value is calculated as a discount to market value based on the nature of the underlying security 88 National Australia Bank

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