Investor Presentaiton

AIR TRAVEL AND RELATED SERVICES EXPOSURE AT DEFAULT EAD $11.7bn 0.5 EAD $11.3bn 0.7 . 10.9 10.3 0.3 0.3 ■ B&PB ■C&IB ■ NZ ■ B&PB ■ C&IB ■ NZ Mar 20 Sep 20 EAD PORTFOLIO BY SECTOR AND SECURITY¹ • • KEY CONSIDERATIONS ~2% of non retail EAD Ongoing disruption caused by COVID-19 related travel restrictions, with length and severity unknown Portfolio comprises of airlines which are usually national carriers and sovereign owned, airports, lessors and service companies supporting the aviation industry EAD reduction driven by FX movements partially offset by liquidity support provided to domestic airports Customer re-rating resulted in the Investment Grade proportion of the total portfolio decreasing from 82% to 50% over 2H20 Collective provision coverage now includes $372m for the Aviation portfolio raised in 2H20 90+ DPD AND GIAS AND AS % OF SECTOR EAD Aircraft leasing Service to Air Transport 31% 30% Air Transport 39% ($m) 0.46% 0.45% 0.43% 0.40% Partially secured 41% 0.16% 49 47 47 48 Fully secured 53% Unsecured 6% 16 Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 as % EAD 90+ DPD & GIAS (1) Fully Secured is where the loan amount is less than 100% of the bank extended value of security; Partially Secured is where the loan amount is greater than 100% of the bank extended value of security; Unsecured is where no security is held and/or no value held against the security and negative pledge arrangements are normally in place. Bank extended value is calculated as a discount to market value based on the nature of the underlying security 88 National Australia Bank

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