1H24 Financial Results

Sequential half operating expenses¹ Inflation driving cost growth Cost to Income¹ 43.5% Contribution to mvt: +4.7% (0.9%) (1.5%) 282 (56) (88) 5,873 $m 2H23 Wage inflation including higher Super guarantee • Inflation related to software and IT vendors Inflation Other 44.0% +2.3% 6,011 Cumulative cost savings realised (last 5 years): • 1H24: $761m • 2H23: $673m Productivity 1H24 1. Presented on a continuing operations basis excluding $212m relating to restructuring and one-off regulatory provisions in 2H23. Headline operating expenses (1.2%) including this item. 76

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