Investor Presentaiton

ANZ 2023 Half Year Results ACCELERATING OUR APPROACH FOR THE TRANSITION TO NET ZERO New social and environmental sustainability target • By 2030 $100b On 1 April 2023, we commenced a new $100 billion by 2030 social and environmental sustainability target to improve social and environmental outcomes for our customers, including initiatives that help lower carbon emissions, increase access to affordable housing and promote financial wellbeing. This will be periodically reviewed and revised to ensure it continues to match our ambition. Progress against our sectoral decarbonisation targets • We were the first Australian bank to join the Net- Zero Banking Alliance (NZBA) in 2021 and set emissions pathways and targets - for power generation and large-scale commercial real estate. In November 2022, we announced four additional sectoral pathways and targets in oil & gas, aluminium, cement and steel. • We are on track to set 2030 targets for a total of nine priority sectors aimed at ensuring at least 75% of our portfolio emissions are on a net zero pathway by the end of 2024. ⚫ Our direct exposure to thermal coal mining has reduced by ~82% since 2015; our exposure is now less than 0.02% of Group exposure at default (EAD). We are on track to exit all direct lending to thermal coal mining well ahead of our 2030 target. We will use these pathways to steer our lending decisions in line with the Paris Agreement goals. We expect the transition is likely to be uneven - and there will be challenges in some sectors more than others. Our Climate Change Commitment • Our pathways set our strategy and course out to net zero by 2050 and use credible decarbonisation scenarios, allowing us to: Determine how each sector is performing against a Paris-aligned path Better pinpoint and manage customers that may be more exposed to transition risks; and help them to capture the growing opportunities that come with the transition Assess the speed and extent to which we are transitioning our exposure to key sectors Provide transparency about how our financing is aligned with climate scenarios We will reduce our exposure to our largest emitting business customers that, after significant engagement, have not improved their transition plans by 2025. 1. Excluding some residual exposures to rehabilitation bonds as per our policy 50

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