Investor Presentaiton

FY22 results overview BOQ GROUP 1. Reported statutory NPAT up 15% to $426m1. Cash earnings declined 5%1 to $508m, given the prior year loan impairment benefit, with underlying profit up 1% > Income up by 1% impacted by ME GLAS decline prior to ownership and NIM pressure, recovering in second half › Expenses flat on FY21 2. Solid business momentum with NIM lifting in Q4, growth in housing and business lending, particularly in SME 3. ME integration delivering ahead of plan: 4. > Key integration streams completed, program transitioning to BAU › Synergies accelerated, $38m of synergy benefits delivered during the year, integration costs in line with plan Delivering the new cloud digital end-to-end bank with BOQ and VMA digital transaction and savings products in market. ME migration to Temenos v.18 completed and work underway to move to the new common digital bank 5. Asset quality remains sound, watching brief on changing economic conditions, with unemployment expected to remain low 6. 7. Capital remained above the target range, with CET1 ratio of 9.57% supporting business growth and transformation investment 2H22 final dividend of 24cps declared², representing a 65% payout ratio³, bringing full year dividend to 46cps Note: Cash earnings FY21 figures are on a pro forma basis which adjusts for the ME Bank acquisition and the St Andrews divestment (1) Statutory NPAT on a pro forma basis is down 8%. Cash earnings decline is on a pro forma basis (2) BANK OF QUEENSLAND LIMITED 2022 Full Year Results Presentation (3) The dividend will be fully franked and the dividend reinvestment plan will operate with a 1.5% discount Payout ratio calculated on cash earnings 8

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