Investor Presentaiton

AASB17 impacts AASB17 not expected to impact IAG's underlying economics, cash flows, capital or strategic direction Minor balance sheet impact on transition: Cost of capital approach to risk adjustment to result in a lower probability of adequacy • Onerous contracts tested at a more granular level IAG will continue to provide existing reporting metrics of GWP, NEP and Insurance Profit which will continue to form the basis of our guidance AASB17 not expected to have a material impact on profitability 19 Results Presentation | 21 August 2023 $6,500m Transitional adjustment at 30 June 2022 +$20-$110m ! AASB1023 Net Assets Risk margin to risk adjustment Onerous contracts Other AASB17 Net Assets Dotted lined are indicative of estimated ranges iag

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