1H24 Financial Results

Provisioning¹ Strong provision coverage maintained at 1.64% of Credit RWA Total credit provisions $bn TP/CRWA: 1.29% 1.64%² 1.64%² $6.06bn 5.95 4.80 2.92 2.94 Corporate 3.8 Provisions and scenarios Dec 23 8.0 $6.1bn $bn Pre- COVID 3.03 3.12 Consumer $bn Jun 19 Jun 23 Dec 23 Central scenario3, 3,4 Recognised provisions Downside scenario3,5 1. The Group uses four alternative macroeconomic scenarios to reflect a range of possible future outcomes in estimating the Expected Credit Loss (ECL) for significant portfolios, scenarios are updated based on changes in both the macroeconomic and geopolitical environment. 2. Revised APRA capital framework effective from 1 January 2023. 3. Assuming 100% weighting holding all assumptions including forward- looking adjustments constant and includes individually assessed provisions. 4. Central scenario is based on the Group's internal economic forecasts and market consensus as well as other assumptions used in business planning and forecasting. 5. The downside scenario contemplates the potential impact of possible, but less likely, adverse macroeconomic conditions, resulting from significant inflationary pressures exacerbated by supply chain disruptions, shortages of goods and labour, and heightened energy prices compounded by geopolitical risks. 33

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