Investor Presentaiton

NEW ZEALAND BANKING CASH EARNINGS AND REVENUE (NZ$m) 44 9.6% (30.0% HOH) 2.5% (6.2% HOH) NET INTEREST MARGIN 1,291 1,323 1,246 2.24% 2.20% 616 562 2.14% 474 Mar 20 2.29% Sep 20 Mar 21 Mar 20 Sep 20 ■Total revenue Mar 21 Sep 19 Mar 20 Sep 20 Mar 21 ■Cash earnings BUSINESS & HOUSING LENDING GLAS (NZ$bn) 10.5% (7.6% HOH) CREDIT IMPAIRMENT CHARGES AND AS A % OF GLAS (NZ$m) -6.9% (-1.2% HOH) 0.15% 0.24% 0.09% 106 49.5 44.8 46.0 43.6 41.1 40.6 66 42 Mar 20 Sep 20 ■Housing lending Mar 21 Mar 20 Sep 19 Mar 21 Sep 20 ■Business Lending Mar 20 (0.04%) (19) Sep 20 Mar 21 Credit impairment charge/(writeback) Credit impairment as a % of GLAS (half year annualised) National Australia Bank

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