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Investor Presentaiton

Reinvestment Offer structure What is the Reinvestment Offer? Who is an Eligible CPS3 Holder? Options for Eligible CPS3 Holders Dividend Differences between CPS3 and Capital Notes 3 What happens to CPS3 not reinvested? - Under the Reinvestment Offer, Eligible CPS3 Holders may apply for some¹ or all of the CPS3 registered in their name at 7:00pm (Sydney time) on 6 November 2019 to be repaid in the amount of $100 per CPS3, and to have the proceeds applied on the Issue Date to the Application Payment for Capital Notes 3 A CPS3 Holder is: a registered holder of CPS3 at 7:00pm (Sydney time) on 6 November 2019; shown on the CPS3 register as having an address in Australia; and not in the United States or acting for the account or benefit of a person in the United States Option 1 - apply online or complete a paper Application Form to reinvest all or some of your CPS3 in Capital Notes 3 Option 2 - apply through a Syndicate Broker to reinvest all or some of your CPS3 in Capital Notes 3 Option 3 - take no action and your CPS3 will remain on issue in accordance with their terms If you are an Eligible CPS3 Holder and your Application under the Reinvestment Offer is successful, you (like other CPS3 Holders) will receive a scheduled dividend payment in respect of CPS3 on 17 December 2019, subject to the payment tests in the CPS3 Terms (including that the Board resolves to pay the dividend)² Capital Notes 3 and CPS3 have different rights, benefits and risks, the Reinvestment Offer is not a simple rollover in a similar investment A comparison of the key differences is summarised in Section 6.2 of the Prospectus Your CPS3 will remain on issue in accordance with their terms Suncorp may elect to either redeem, convert or resell the CPS3 on 17 June 2020, but no decision has yet been made 26 26 Notes: 1 2 If you hold 50 CP3 or fewer, you must apply to reinvest all of your CPS3 if you wish to participate. If changes are made to the timetable such that the Reinvestment CPS3 Repayment Date does not fall on a scheduled dividend payment date for CPS3 (such as 17 December 2019), then, subject to the payment tests in the CPS3 Terms (including that the Board resolves to pay the dividend), a pro rata dividend will be paid in respect of each Reinvestment CPS3 on the Reinvestment CPS3 Repayment Date. SUNCORP Capital Notes 3
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