Investor Presentaiton

ANZ 2023 Half Year Results COMMERCIAL PROPERTY - SEGMENTS OF INTEREST Commercial property collateral 1,2,% 79% of portfolio well secured 2% 32% Cash Backed Fully secured & Sovereign LVR ≤ 50% 45% 7% 96% of unsecured limits are investment grade Rating % A+ to A- 63% BBB+ to BBB- 33% Predominantly Funds & REITS 14% Fully secured Partially secured Unsecured 50% <LVR ≤ 65% Portfolio growth, Mar 23 v Mar 22 Predominantly Australian region across a diversified portfolio of lending segments Portfolio quality, Mar 23 ~ 80% of exposures well secured • >95% of unsecured exposure to investment grade customers Supported by diversified investment grade REITs or assets with stronger fundamentals, stable earnings profile and low gearing • B&C grade office exposure ~$1.9b (2.7% of portfolio) with strong sponsor recourse, cross-collaterisation and moderate gearing International portfolio remains stable with exposure predominantly to large, well rated names in Singapore and Hong Kong (SAR) Negligible direct impact (~$1m) to date from construction industry failures Portfolio approach • Tightened risk appetite settings since the beginning of the COVID: . B&C grade office investment • discretionary retail and accommodation hotels •Residential strategy to support existing customers and grow selectively. Experienced sponsors with strong technical capability, holding land for projects. Strong developer and contractor selection is a well-entrenched discipline in the business 1. Commercial property collateral distribution based on limits (includes drawn and undrawn exposures) 2. Fully Secured: loan amount ≤100% of extended security value; Partially Secured: loan amount >100% of the extended security value 122

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