Investor Presentaiton

DIVERSIFIED AND FLEXIBLE PORTFOLIO TYPE RMBS 2% Covered 19% Subordinated. 7% CURRENCY JPY 4% Senior 72% GBP 7% AUSTRALIAN BANK COVERED BOND ISSUANCE¹ ($bn) 50% 48% 42% 34% 26.9 29.0 28.6 26.5 26.7 27.2 20.3 NAB ■Issued Peer 1 Remaining capacity Peer 2 13.5 Peer 3 % of capacity utilised USD 32% Other 9% EUR 23% (1) Covered bond investor reports & APRA Monthly Banking Statistics as at August 2016. Remaining capacity based on current rating agency over collateralisation (OC) and legislative limit 100 LIQUIDITY LIQUIDITY COVERAGE RATIO (QUARTERLY AVERAGE)' LIQUID ASSET (SPOT) ($bn) ($bn) 118% LCR 115% LCR 125% LCR 121% LCR 146 150 148 147 AUD 25% National Australia Bank Eligible Regulatory Liquidity 144 148 154 147 40 44 47 45 104 104 102 107 124 131 119 121 Mar 15 Sep 15 Mar 16 Sep 16 Mar 15 Sep 15 Net Cash Outflows HQLA (including CLF) LIQUIDITY OVERVIEW¹ ■High Quality Liquid Assets & CLF Eligible Sep 16 ■Internal RMBS INCREASE IN DEPOSIT QUALITY (AVERAGE LCR)³ Mar 16 20 96 Quarterly Average ($bn) High quality liquid assets Sep 15 Mar 16 Sep 16 93 92 Alternative liquid assets² 54 51 RBNZ Securities 3 5 15 5 5 91 51 Total LCR Liquid Assets 150 148 147 Net outflows due to Retail deposits Wholesale funding 97 2 19 18 18 83 86 169 13 32 مامانا 72 54 73 49 165 155 Other 15 17 17 Sep 15 Mar 16 Net cash outflows Quarterly average LCR 131 115% 119 121 125% 121% Retail / SME Deposits CYBG Operational Deposits Sep 16 Non Operational Deposits (1) September 2015 and March 2016 reported average LCR figures include CYBG (2) Committed Liquidity Facility (CLF) value used in LCR calculation is the undrawn portion of the facility. Approved CLF of $55.4 billion during the period 1 January 2016 to 31 December 2016 (3) Deposits included in 30 day LCR calculation (at call or maturing in 30 days). Operational and Non Operational Deposits include corporate deposits 101 National Australia Bank

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