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HIGHER CREDIT IMPAIRMENT CHARGE AND PROVISIONS CREDIT IMPAIRMENT CHARGE ($m) 0.54% 0.38% 1,601 0.14% 0.15% 0.16% 1,161 661 59 347 406 449 470 807 367 33 27 21 416 443 573 333 Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 Forward looking EA top-up (COVID-19) Forward looking adjustments (FLAS)' Credit impairment charge (CIC) Credit impairment as a % of GLAS (half year annualised) COLLECTIVE PROVISION BALANCES KEY CONSIDERATIONS 1H20 V 2H20 Underlying CIC2 of $573m or 19bps of GLAs, up 8bps from 1H20 reflecting net impact of re-ratings of performing exposures Net increase in target sector forward looking adjustment (FLAs) of $367m for Aviation, Tourism, Hospitality, Entertainment, Retail Trade and Commercial Property Increase in forward looking Economic Adjustment (EA) of $661m reflecting expectations for a more prolonged economic recovery and material uncertainty around the outlook including the shift from support to stimulus COLLECTIVE PROVISION COVERAGE 22 ($m) 5,536 4,401 3,249 614 3,360 1,468 807 0.94% 0.96% 641 662 1,029 0.54% 0.56% 2,635 2,719 2,932 3,039 Mar 19 Sep 19 Mar 20 Sep 20 Mar 19 Sep 19 ■Collective Provision EA top-up (COVID-19) ■ Collective Provision FLAS ■Underlying Collective Provision (1) Represents collective provision Forward Looking Adjustments (FLAs) for targeted sectors (2) Represents total credit impairment charge less EA top-up and FLA increase as a percentage of GLAS (half year annualised) 1.21% 0.72% Mar 20 1.56% 0.93% Sep 20 ■ Collective Provisions as % of Credit Risk Weighted Assets Collective Provisions as % of GLAS National Australia Bank

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