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Investor Presentaiton

IMPLEMENTATION OF CUSTOMER TRANSITION PLAN TARGET Background Our climate change policy, includes a commitment to "encourage and support 100 of our largest emitting customers in the energy, transport, buildings and food, beverage and agricultural sectors to establish or strengthen their low carbon transition plans, by 2021". How will success be measured with this target? Customers further reporting on their transition plans by 2021 to provide stakeholders with public, specific and time bound information. We are aiming to engage with 50 customers before the end of FY19. Which customers are in scope? The customer selection process is informed by criteria including: Direct emissions, ie emissions from company owned or operated assets - Indirect emissions from their 'value chains', ie both upstream and downstream from their operational footprint - The size and nature of our relationships was also considered to maximise prospects for deeper engagement Next steps • ANZ will publicly report progress against the target in our FY reporting. We will also provide six-monthly updates to ERBC and to the Board EESG Committee. ANZ 44
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