ANZ 2023 Half Year Results

ANZ 2023 Half Year Results ANZ'S TIER 2 CAPITAL PROFILE¹ 1. 2. ANZ's Tier 2 capital requirement to progressively increase to meet TLAC requirement • ANZBGL has issued $19.7b since July 2019 across AUD, EUR, GBP, JPY, SGD and USD APRA announced a finalised Tier 2 capital requirement of 6.5% of RWA by 1 January 2026 (current Tier 2 ratio is 5.5%) Suncorp Bank related RWA requires ~$2.5b of additional Tier 2 TLAC requirements by 1 January 2026 ANZBGL expects 2H23 Tier 2 requirements of $1.5-2.0b (inclusive of Suncorp Bank requirements) Planned issuance in multiple currencies in both callable and bullet format In addition to ANZBGL TLAC, ANZ NZ has modest Tier 2 requirements of 2% of ANZ NZ RWA by 2028 under RBNZ requirements. ANZ NZ has issued NZD ~$1.4b Tier 2 under these rules since Sept 2021 Well managed amortisation profile provides flexibility regarding issuance tenor All Tier 2 calls are subject to APRA approval Capital amortisation profile², $m 4,973 Tier 2 capital, Notional amount % 26% Callable Bullet 19% 74% 4% USD 4% 4% 3% AUD Domestic 38% EUR AUD Offshore JPY GBP 28% SGD Funding profile, Notional amount $m 5,637 5,723 3,893 3,811 2,444 2,609 3,437 2,937 2,168 2,609 2,168 1,275 900 539 375 131 0 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31+ FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31+ Callable Bullet Amortisation Scheduled Bullet and Call Date Profile Profile is AUD equivalent based on historical FX, excluding Perpetual Floating rate notes issued 30 October 1986, ANZ NZ $600m floating rate notes issued September 2021 and ANZ NZ USD$500m fixed rate notes issued August 2022. Comprises Tier 2 capital in the form of Capital Securities only (i.e. does not include other Tier 2 capital such as eligible General reserve for impairment of financial assets) Amortisation profile is modelled based on scheduled first call date for callable structures and in line with APRA's amortisation requirements for bullet structures 106

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