Investor Presentaiton

IMPACTS OF RATE MOVEMENTS CAPITAL & REPLICATING DEPOSITS PORTFOLIO (AUSTRALIA) % 10 PORTFOLIO EARNINGS RATE (HISTORICAL) 2.2 2.1 2.0 1.9 1.8 1.7 1.6 1.5 1.4 Portfolio Earnings Rate is a combination of term swap rates (hedged component) and 3mth BBSW (unhedged) Since 1 October 2021, 5 year AUD Swap Rate has increased further CAPITAL² & REPLICATING DEPOSITS PORTFOLIO FY19 Ave: 2.08% 1H19 Ave: 2.21% 2H19 Ave: 1.95% FY20 Ave: 1.40% 1H20 Ave: 1.64% 2H20 Ave: 1.20% FY21 Ave: 0.88% 1H21 Ave: 0.92% 2H21 Ave: 0.85% 1.3 1.2 1.1 1.0 0.9 0.8 0.7 0.6 AUST NZ APEA Volume ($A) ~94b ~35b ~9b Volume Change (YoY) ~16b Target Duration increase Rolling 3 to 5 years ~6b increase ~1b decrease Various Proportion Hedged ~63% ~90% Various 0.5 0.4 5 Year AUD Swap Rate increased ~50bps over FY21 • 0.3 0.2 0.1 • 0.0 The 5 Year AUD Swap Rate increased ~50bps over FY21, providing more attractive hedging (i.e. investment) opportunities Since 1 October 2021, 5 year spot AUD Swap Rate has increased further Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep. 19 19 19 19 19 20 20 20 20 20 20 21 21 21 21 21 3mth BBSW (Monthly Avg) - Portfolio Earnings Rate 5 Year AUD Swap Rate¹ 1. Proxy for hedged investment rate 2. Includes other Non-Interest Bearing Assets & Liabilities ANZ 86

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