ESG PRESENTATION

ANZ CARBON COMMITMENTS AND DISCLOSURE - FY19/20 HIGHLIGHTS HOW ANZ'S LENDING IS SUPPORTING THE PARIS GOALS • Renewable Energy Exposures: Since 2015, we have significantly expanded our lending support to the renewable energy sector. • In our project finance portfolio, lending to renewables projects has grown by almost 56% to $1.37b (annualised growth of ~12%), with ANZ's finance in FY19 helping to bring online 488MW of wind and solar capacity; a further 989MW is scheduled to come online during FY20. • • At the same time, the amount of our project finance portfolio comprised of coal and gas generation has declined year-on-year from 40% in FY15 to 17% at the end of FY19. We are also increasing support to utilities that have made commitments to expand renewable energy capacity, and in certain cases, withdrawing support to utilities that continue to focus on expanding coal-fired generation capacity. We are also a significant lender to Transmission & Distribution companies whose investments in building a modern energy grid over the coming years, will play an important role in keeping the system stable and reliable through the transition. Project Finance Power Generation Portfolio (Sept' 19) 9% 8% 83% Renewables Gas Coal Our direct lending to renewable energy has increased since 2015 to reach $1.37bn in FY19. ANZ 40

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