Investor Presentaiton

For personal use only FY21 OVERVIEW BOQD GROUP 1. Strong FY21 statutory profit and cash earnings reflecting balance sheet growth, margin management and improved economic conditions Including 2 months of ME Bank, statutory profit of $369m up 221%, cash earnings after tax up 83% and EPS growth of 51%¹ Excluding ME Bank statutory profit of $352m up 206%, cash earnings after tax up 73% 2. Business momentum continues to build, with quality housing growth at 1.7x system, and with good margin and cost management 3. Continuing to support our customers and people through ongoing COVID-19 challenges and maintaining business resilience 4. Delivering the strategic transformation over the past 2 years with the first phase of the digital bank in market 5. Acquisition of ME Bank completed, operating model integrated, improvement programs for profitable growth in place, plan to accelerate synergies 6. Asset quality remains sound with collective provision levels conservatively reduced in line with improved economic outlook 7. Capital strength to support business growth and transformation with CET1 of 9.80% 8. Final dividend of 22cps, bringing the FY21 full year dividend to 39cps, representing a 61% payout ratio² Bank of Queensland Limited 2021 Full Year Results Presentation (1) On prior comparative period. The basic cash earnings per share for all prior periods have been adjusted for the effects of the Group's capital raise in March 2021 7 (2) Dividend payout ratio is based on cash earnings. Record date for the 2H21 final dividend is 29 October 2021

View entire presentation