Investor Presentaiton

96 96 KEY REGULATORY CHANGES IMPACTING CAPITAL AND FUNDING REGULATORY CHANGE DATES Change Original date Amended date APS 110 Capital Adequacy 1 Jan 2022 1 Jan 2023 APS 111 Measurement of Capital 1 Jan 2021 1 Jan 20221 APS 112 Capital Adequacy: Standardised Approach to Credit 1 Jan 2022 1 Jan 2023 Risk APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk APS 115 Capital Adequacy: Standardised Measurement Approach to Operational Risk 1 Jan 2022 1 Jan 2023 1 Jan 2021 (AMA banks) 1 Jan 2023 APS 116 Capital Adequacy: Market Risk 1 Jan 2023 1 Jan 2024 APS 117 Capital Adequacy: Interest 1 Jan 2022 1 Jan 2023 Rate Risk in the Banking Book APS 330 Public Disclosures 1 Jan 2022 1 Jan 2023 DEFERRAL OF REGULATORY CHANGE • APRA has deferred its scheduled implementation of the Basel Ill reforms in Australia by one year, consistent with international implementation • The deferral supports ADIs in maintaining operations and supporting customers in response to COVID-19 • APRA has reiterated its view that ADIs currently hold sufficient capital to meet the new requirements NAB remains committed to progressing APRA's regulatory change agenda APRA'S GUIDANCE ON CAPITAL MANAGEMENT • . On 7 April 2020, APRA announced its expectation that ADIs will seriously consider deferring decisions on the appropriate level of dividends until the outlook is clearer Subsequently on 29 July 2020, APRA has advised that it expects that ADIs will retain at least half of their earnings for 2020 • APRA has also confirmed that ADIs should utilise management buffers and stress testing to inform its capital management actions, and actively use capital management initiatives to at least partially offset any diminution in capital from distributions Loss Absorbing Capacity (1) While not announced, APS111 expected to be delayed until January 2022 1 Jan 2024 No change National Australia Bank

View entire presentation