Investor Presentaiton

Offer summary Issuer Suncorp Group Limited (Suncorp) Security Fully paid, subordinated, perpetual, unsecured, convertible notes Offer size $250 million with the ability to raise more or less Use of proceeds Ranking¹ Distribution Payments Term Offer structure Arranger JLMs Quotation | | || Suncorp is issuing Capital Notes 3 to raise Eligible Additional Tier 1 Capital, the proceeds of which it expects to use to fund the capital needs of one or more Regulated Entities within the Suncorp Group and for general corporate and funding purposes, including the partial refinancing of CPS3 through the Reinvestment Offer In a winding-up of Suncorp, Capital Notes 3 will rank ahead of Ordinary Shares, equally among themselves and other Equal Ranking Instruments (including CPS3, Capital Notes 1 and Capital Notes 2) and behind all Senior Ranking Creditors of Suncorp (including Suncorp Wholesale Subordinated Notes) Floating rate, quarterly, discretionary, non-cumulative payments, subject to no Payment Condition existing² Distributions are expected to be fully franked Margin expected to be in the range of 3.00% - 3.20% per annum over 3-month Bank Bill Rate Perpetual unless Converted, Redeemed, Resold or Written-Off Optional Exchange³: all or some Capital Notes 3 on 17 June 2026 or following a Regulatory or Tax Event, and all (but not some only) after a Potential Acquisition Event Scheduled Mandatory Conversion Date: 17 June 2028 Acquisition Event4: Suncorp must Convert Capital Notes 3 following an Acquisition Event Non-Viability Trigger Event: Suncorp must Convert Capital Notes 3, and if Conversion does not occur within 5 Business Days, then Capital Notes 3 will be Written-Off Institutional Offer, Broker Firm Offer, Reinvestment Offer and Securityholder Offer Goldman Sachs Commonwealth Bank of Australia, Morgans, National Australia Bank, UBS and Westpac Institutional Bank Suncorp will apply for Capital Notes 3 to be quoted on ASX under ASX code "SUNPH" The ranking of Holders in a winding-up will be adversely affected if a Non-Viability Trigger Event occurs. See Sections 1.3, 2.4.4 and 5.1.9 of the Prospectus. Payment of any Distribution is within the absolute discretion of Suncorp. Notes: 1 2 3 4 At Suncorp's option, subject to certain conditions being met and APRA's prior written approval. Holders of Capital Notes 3 should not assume that APRA will give its approval for any Exchange. Subject to certain conditions being met. SUNCORP Capital Notes 3 LO 5

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