1H24 Financial Results

Funding and liquidity metrics¹ Conservative funding and liquidity metrics maintained NSFR Dec 23 LCR6 Dec 23 121% 874 723 Residential Mortgages ≤ 80% LVR² Retail/SME Deposits NSFR (%) 1.2 (4.2) 2.9 0.3 (1.3) (2.0) 124 121 Other loans $bn Liquids & other assets³ Wholesale funding & other Capital Jun 23 Required Stable Funding Available Stable Funding Capital Retail/SME deposits Wholesale funding and other LCR (%) 5,6,7 $bn 137 Customer deposits Other Wholesale funding Net cash outflows 136% 187 Cash, Gov, Semis Liquid assets Term Residential Other Loans Liquids and Dec 23 Funding Mortgages 2 Other Assets Facility (TFF)4 4.7 (1.3) (1.9) 3.7 136 131 Jun 23 Liquid Assets Customer Deposits Wholesale Funding Other Net Cash Outflows Dec 23 1. All figures shown on a Level 2 basis. 2. Primarily relates to residential mortgages that are subject to application of the 65% RSF factor when calculating NSFR. 3. 'Other assets' includes non-performing loans, off-balance sheet items, net derivatives and other assets. 4. For the purpose of calculating NSFR, the residential mortgages that have been pledged as collateral for the TFF received a lower RSF factor. The repayment of the initial allowance resulted in an increased RSF factor for these mortgages (as they are no longer pledged as collateral) and therefore increased the RSF, reducing NSFR. 5. Calculation reflects movements in both the numerator and denominator. 6. Quarterly average. 7. Liquid assets includes High Quality Liquid Assets (HQLA) of $186.7bn (June 2023: $189.4bn) and RBNZ eligible securities of $0.1bn (June 2023: $0.8bn). 117

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