ESG PRESENTATION

ANZ CARBON COMMITMENTS AND DISCLOSURE - FY19/20 HIGHLIGHTS FUTURE FOCUS AREAS & ACTIONS AROUND CLIMATE CHANGE TCFD Theme Governance Strategy Risk Management Metrics & Targets Focus Areas 2020/21 • Align with regulatory guidance on climate-related risk governance, including stress testing of selected portfolios • Consider extending scenario analysis to incorporate bushfire, flood and other risks relating to retail customers • Possible extension of emerging environmental and climate-related risks to other segments of the home loan portfolio • Include climate risk reference in Agriculture related lending guidance documents used by our front line bankers • • Encourage customers to develop & disclose their transition plans in key sectors energy, transport, buildings and food, beverage and agriculture Customer engagement to identify customer or sector-specific transition or physical risks Complete transition plan 2020/21 engagement with high emitting customers and consider how to integrate into customer assessments New 6-year $50 billion target to fund & facilitate sustainable solutions • New metrics for measuring impact of our progress on environmental sustainability New target to procure 100% renewable energy for ANZ's operations by 2025 . . • . Beyond 2020 Vision An enhanced risk management framework that is responsive to climate, and meets financial regulators' requirements ANZ business strategy more closely aligned to a resilient and sustainable economy that supports the Paris Agreement and Sustainable Development Goals Integrate assessment of climate-related risks into our Group risk management framework Standard discussions with business customers include climate-related risks and opportunities Assessment of customer transition plans part of standard lending decisions and portfolio analysis Monitor industry standards for lending aligned with the Paris Agreement goals • Reduce ANZ's operational emissions in line with the decarbonisation trajectory of the Paris Agreement goals ANZ 41

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