1H24 Financial Results

Entertainment, leisure & tourism Performance steady despite cost of living challenges • • • Recent portfolio growth has focused on higher quality and diversified operators with strong LVRs. Pubs and clubs have traded well, though operators are cautious about consumer spending, particularly in relation to food and beverage. Accommodation has benefitted from heightened domestic travel and improving business demand. LVRs across the portfolio remain well positioned and typically lower than 55%, assisted by improved net operating income. The CommBank Household Spending Insights (HSI) Index saw Hospitality growth of 3.2% in the year to December 2023. Group exposure 16.6 16.1 Dec 22 14.8 Jun 23 Dec 23 6.4 5.4 5.1 2.7 2.3 2.2 1.1 1.1 1.2 1.4 1.2 1.5 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio % of provisions graded TIA to TCE Pubs, Clubs & Casinos 42% Sector Profile Geography Other Aus & Overseas 6% NZ Accommodation 35% WA6% 4% VIC 19% Cafes SA Other Restaurants 5% Cultural && Catering QLD Recreational 10% 10% Services 13% Security Unsecured 11% Partially Secured 14% NSW 50% Fully Secured 75% 107

View entire presentation