Investor Presentaiton

Mortgage portfolio composition Mortgage portfolio – Original loan amount (%) 220 10 Mortgage portfolio - LVR profile (%) 50 40 SA 30 44 20 50 Average LVR 63% 40 Average loan $237k 30 20 34 23 18 11 2 2 4 4 10 $0 - $150k $150k - $250k - $500k - $750k - $1m+ 0<=60 60<=70 70<=80 80<=90 90<95 95+ $250k $500k $750k $1m 24 10 23 Mortgage portfolio – Regional profile (%) Auckland Wellington 39 44 Christchurch 8 9 Other Mortgage portfolio – Seasoning profile (%) 7 27 10 13 Less than 1 year 23 23 ■1 to 2 years 2 to 3 years 19 3 to 4 years 4 to 5 years ■5+years 29

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