Investor Presentaiton

GROUP OFFICE, RETAIL, TOURISM & LEISURE COMMERCIAL REAL ESTATE¹ GLA PROFILE KEY CONSIDERATIONS Limit utilisation ~85% $36.5bn $35.5bn 1.8 1.9 17.5 16.7 17.2 ■Tourism & Leisure ■Retail ■ Office Mar 20 PORTFOLIO CHARACTERISTICS¹ Geographic breakdown WA 4% Qld 14% SA 7% 16.9 ■Tourism & Leisure ■Retail ■ Office Sep 20 Portfolio security² • Office, Retail and Tourism & Leisure CRE viewed as most impacted parts of the Group CRE portfolio by COVID-19 • Borrower breakdown: Investor 96%, Developer 4% • 90+ DPD and impaired assets collectively represent 0.22% ($91m) of limits, up from 0.14% at Mar 20 • Collective provision FLA increased by $99m to $190m³ • Retail, Tourism & Leisure face near term challenges related to lock-down and travel restrictions. A higher incidence of P&I deferral was observed for Australian Tourism & Leisure exposures relative to the broader Australian CRE portfolio • Office faces more medium term uncertainties, dependent on timing and level of return to work and ultimate demand • ~50% of Australian portfolio is CBD based New Vic 25% Zealand 11% Fully secured 89% . Partially secured 5% NSW 33% Other 6% Unsecured 6% ~60% of the Australian Corporate & Institutional Banking portfolio secured by premium and A-Grade offices (1) Measured as balance outstanding as at 30 September 2020 per APRA Commercial Property ARF230 definitions (2) 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. Unsecured proportion represents Institutional exposures that are weighted towards listed A-REITs and wholesale funds which are lowly geared and exhibit strong debt servicing. 89 (3) FLAs relate to the whole CRE portfolio with Office, Retail, Tourism and Leisure CRE most impacted by COVID-19 stress National Australia Bank

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