Investor Presentaiton

For personal use only FINANCIAL PERFORMANCE¹ UNDERLYING PROFIT GROWTH OF 8% DRIVEN BY 2% JAWS IN THE HALF AND FOR FY21 BOQD GROUP $ million FY21 FY20 FY21 vs FY20 2H21 1H21 2H21 vs 1H21 BOQ + ME FY213 FY21 vs FY204 Net interest income 1,050 986 6% 538 512 5% 1,128 14% Non-interest income 2 125 128 (2%) 59 66 (11%) 130 2% Total income 1,175 1,114 5% 597 578 3% 1,258 13% Operating expenses 2 (633) (612) 3% (318) (315) 1% (684) 12% Underlying profit 542 502 8% 279 263 6% 574 14% Loan impairment expense 20 (175) Large 44 (24) Large 21 Large Cash profit before tax 562 327 72% 323 239 35% 595 82% Income tax expense (173) (102) 70% (99) (74) 34% (183) 79% Cash earnings after tax 389 225 73% 224 165 36% 412 83% Statutory net profit after tax 352 115 206% 198 154 29% 369 221% Cash basic earnings per share 5 ¾ NM 49.6c NM NM 35.5c ¾ NM 74.7c 25.1c Cash return on average equity 5(%) NM 5.4 NM NM 7.8 NM 8.2% +280bps Bank of Queensland Limited 2021 Full Year Results Presentation (1) Excluding ME Bank, unless otherwise noted (2) VMA costs have been restated from non-interest income and included in operating expenses (3) Including earnings from ME Bank for the period 1 July 2021 to 31 August 2021 (4) PCP does not include comparative earnings for ME Bank (5) Including ME Bank 18

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