1H24 Financial Results

Strength - credit quality Sound portfolio quality - lower TIAs, modest increase in arrears - well provisioned TIA Troublesome & Impaired Assets (TIA) $7.8bn $6.9bn 0.61% $7.1bn Dec 19 Jun 23 Dec 23 Home loan arrears¹ 90+ days, % 0.47% Provisioning² Total provisions vs Central ECL³ Dec 23 $6.06bn 0.52% $2.2bn Dec 19 Jun 23 Dec 23 $3.85bn Central scenario ECL Total provisions 1. Group including New Zealand. 2. 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. 3. 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. Assumes 100% weighting holding all assumptions including forward-looking adjustments constant and includes individually assessed provisions. 14

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