Investor Presentaiton

Macquarie FY20 result announcement I macquarie.com Introduction Overview of Result Result Analysis and Financial Management Outlook Appendices • Basel III capital position APRA Basel III Group capital at Mar 20 of $A24.8b; Group capital surplus of $A7.1b1,2 • APRA Basel III CET1 ratio: 12.2%; Harmonised Basel III CET1 ratio: 14.9% Group regulatory surplus: Basel III (Mar 20) $Ab 10.0 9.0 8.0 (2.1) 2.8 1.2 7.0 (1.9) (2.0) 6.0 5.0 Based on 8.5% 4.0 8.0 (minimum Tier 1 ratio + CCB) 3.0 6.1 2.0 1.0 0.0 1.0 10 2.1 O MACQUARIE 9.2 7.1 Harmonised Basel III at Mar-193 APRA Basel III 'super equivalence' APRA Basel III at Mar-19 FY20 P&L Dividends Net capital issuance4 Business capital Other movements5 APRA Basel III requirements at Mar-20 APRA Basel II| Harmonised Basel III at Mar-20 'super equivalence" 1. Calculated at 8.5% RWA including the capital conservation buffer (CCB), per APRA ADI Prudential Standard 110. 2. Based on materiality, the 8.5% used to calculate the Group capital surplus does not include the countercyclical capital buffer (CCYB) of -3bps. The individual CCyB varies by jurisdiction and the Bank Group's CCyB is calculated as a weighted average based on exposures in different jurisdictions. 3. Basel III applies only to the Bank Group and not the Non-Bank Group. 'Harmonised' Basel III estimates are calculated in accordance with the BCBS Basel III framework. 4. Includes Sep-19 $A1.7b capital raising, partially offset by Bank Capital Notes redemption. 5. Includes movement in foreign currency translation reserve, share based payment reserve, MEREP and other movements. 6. APRA Basel III 'super-equivalence' includes the impact of changes in capital requirements in areas where APRA differs from the BCBS Basel III framework. Differences include the treatment of mortgages $A0.9b; capitalised expenses $A0.5b; equity investments $A0.3b; investment into deconsolidated subsidiaries $A0.1b; DTAs and other impacts $A0.3b. 22

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