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Investor Presentaiton

QTC's 2023-24 funding strategy and annual term debt issuance Funding Strategy QTC'S ANNUAL TERM DEBT ISSUANCE (ACTUAL AND FORECAST)* 30,000 QTC's 2023-24 funding strategy is likely to include the following, subject to market conditions and client funding requirements: ■ A programmatic approach to issuance, including syndication, tenders and reverse enquiry. ■ AUD benchmark bonds as the principal source of funding, including new AUD 2036 or longer maturities. ■ Other term debt, which may include green bonds, floating rate notes AUD MILLION 25,000 20,000 15,000 10,000 5,000 and non-AUD denominated bonds. Maintaining a minimum of approximately AUD5.0 billion of short-term debt outstandings. 0 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 ACTUAL NET TERM DEBT RAISED NET NEW MONEY NET NEW MONEY - STATE GOVERNMENT OTHER CLIENTS NET TERM DEBT REFINANCING As at 13 June 2023. *Does not include short-term debt of approximately AUD5.0 billion each year. Actual net term debt raised is calculated from Annual Borrowing Program release to the release of the next Annual Borrowing Program. QTC 36
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