Investor Presentaiton

PROBABILITY OF DEFAULT (PD) ANALYSIS NON RETAIL CORPORATE EAD¹ BY PROBABILITY OF DEFAULT ($bn) 120 100 Investment grade 58% Sep 20 Sub investment grade 41% Sep 20 Default 1% Sep 20 80 60 40 20 0 0<0.03% 0.03<0.11% 0.11<0.55% 0.55<2.00% 2.00<5.01% 5.01<99.99% 100% ■Sep 19 ■Mar 20 ■Sep 20 AUSTRALIAN AND NEW ZEALAND BUSINESS EXPOSURES PD ≥ 2% 27% 26% 23% 20% 17% 14% 15% 14% 13% 13% 13% 12% 11% Sep 09 Sep 10 Sep 11 Sep 12 Sep 13 Sep 14 Sep 15 Sep 16 Sep 17 Sep 18 Sep 19 Mar 20 (1) For internal ratings based portfolios. Excluding Bank and Sovereign exposures. Total $266bn at Sep-20, $283bn at Mar-20, $262bn at Sep-19 Sep 20 82 National Australia Bank

View entire presentation