Financial Performance and Remediation Update

AIR TRAVEL AND RELATED SERVICES EXPOSURE AT DEFAULT EAD $10.1bn 0.7 8.6 EAD $8.8bn 0.7 7.8 KEY CONSIDERATIONS ● ~2% of non retail EAD • 0.8 0.3 • ■ B&PB ■C&IB ■NZ ■ B&PB ■ C&IB ■ NZ Portfolio comprises airlines which are usually national carriers and sovereign owned, airports, lessors and service companies supporting the aviation industry Ongoing disruption caused by COVID-19 related travel restrictions, with length and severity unknown; sovereign support and access to capital markets continues EAD reduction driven by sale of part of the aviation portfolio Mar 21 Sep 21 EAD PORTFOLIO BY SECTOR AND SECURITY¹ 90+ DPD AND GIAS AND AS % OF SECTOR EAD 0.80% 0.77% ($m) Partially Service to Air secured Transport 39% 66% 0.46% 0.45% 0.43% 0.40% Aircraft leasing 25% Air Transport 36% 0.16% 77 70 70 49 47 47 48 Fully secured 26% Unsecured 16 8% Sep 18 Mar 19 Sep 19 90+ DPD & GIAs Mar 20 Sep 20 Mar 21 Sep 21 as % EAD (1) Fully Secured is where the loan amount is less than 100% of the bank extended value of security; Partially Secured is where the loan amount is greater than 100% of the bank extended value of security; Unsecured is where no security is held and/or no value held against the security and negative pledge arrangements are normally in place. Bank extended value is calculated as a discount to market value based on the nature of the underlying security 85 National Australia Bank

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