Bank Of Queensland Limited · ASX:BOQ
Bank Of Queensland — Merger or Acquisition (February 2021)
70 slides from Bank Of Queensland's merger presentation, Feb 22, 2021
Slide 1: Acquisition of ME Bank
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- Acquisition of ME Bank Transformational Acquisition and Capital Raisi
Slide 2: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER (a) Important notice and disclaimer T
Slide 3: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER (c) ME Bank information Certain infor
Slide 4: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER The pro forma information has not bee
Slide 5: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER No guarantee, representation or warra
Slide 6: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER You acknowledge and agree that: det
Slide 7: Important Notice and Disclaimer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- IMPORTANT NOTICE AND DISCLAIMER Nothing contained in this Presentatio
Slide 8: Agenda
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- AGENDA Cherie Bell INTRODUCTION General Manager Investor Relations BO
Slide 9: BOQ Strategy and Trading Update; Transformational Acquisition
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- BOQ STRATEGY AND TRADING UPDATE TRANSFORMATIONAL ACQUISITION
Slide 10: Transformational Acquisition and Capital Raising Overview
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- OVERVIEW -ILLUSTRATIVE ONLY- • BOQ delivering against our strategy with further momentum
Slide 11: Defining Acquisition Delivering Material Scale
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- DEFINING ACQUISITION DELIVERING MATERIAL SCALE – -ILLUSTRATIVE ONLY- STRATEGICALLY AND FI
Slide 12: 1H21 Trading Update
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- 1H21 TRADING UPDATE1 BOQ expects to announce 1H21 statutory net profi
Slide 13: Retail Bank Turnaround
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- RETAIL BANK TURNAROUND RETAIL BANKING PERFORMANCE RETAIL HOUSING LEND
Slide 14: Acquisition Closely Aligned to BOQ's Strategic Priorities
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - ACQUISITION IS CLOSELY ALIGNED TO BOQ’S STRATEGIC NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- PRIORITIES – BRINGI
Slide 15: Delivers Significant Scale
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- DELIVERS SIGNIFICANT SCALE SIGNIFICANT INCREASE IN SCALE STRONGER MAR
Slide 16: Geographically Diverse and Balanced Portfolio for Growth
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES CREATES A GEOGRAPHICALLY DIVERSE AND Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- BALANCED PORTFOLIO FOR GROWTH TO
Slide 17: Complementary Retail Brands
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- COMPLEMENTARY RETAIL BRANDS Housing GLAs by Customer Numbers Target C
Slide 18: Experienced Executives to Lead Integration Effort
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - EXPERIENCED EXECUTIVES TO LEAD NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- INTEGRATION EFFORT GEORGE FRAZIS EWEN
Slide 19: Financial Impacts and Integration
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- FINANCIAL IMPACTS AND INTEGRATION
Slide 20: Momentum Building Over Three Halves
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- MOMENTUM BUILDING OVER THREE HALVES1 GROWTH IN HOUSING GLA ($M) NET I
Slide 21: Financial Highlights of Acquisition
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- FINANCIAL HIGHLIGHTS OF ACQUISITION6 • Acquisition consideration of $
Slide 22: Significant Synergy Benefits
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- SIGNIFICANT SYNERGY BENEFITS PRE-TAX SYNERGY ANNUALISED BENEFITS OF S
Slide 23: Phased Integration Process Reduces Integration Risk
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES PHASED INTEGRATION PROCESS REDUCES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- INTEGRATION RISK PRE- SIMPLIFY SCA
Slide 24: Clear Pathway to a Common Platform
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- CLEAR PATHWAY TO A COMMON PLATFORM TECHNOLOGY INTEGRATION HIGHLIGHTS
Slide 25: Summary
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- SUMMARY
Slide 26: FY21 Outlook
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- FY21 OUTLOOK1 BOQ’s updated FY21 outlook2 is: • Around 1% positive jaws (vs. “broadly neutral” jaws) • Above system growth
Slide 27: Acquisition Strategically and Financially Compelling
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES ACQUISITION OF ME BANK IS BOTH Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- STRATEGICALLY AND FINANCIALLY COMPELLI
Slide 28: Equity Raising Details and Acquisition Agreement
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- EQUITY RAISING DETAILS AND ACQUISITION AGREEMENT
Slide 29: Key Details of the Offer
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -DRAFT- -ILLUSTRATIVE ONLY- KEY DETAILS OF THE OFFER • Underwritten A$1.35 billion equity raising
Slide 30: Equity Raising Timetable
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- EQUITY RAISING TIMETABLE Event Announcement of the Placement and Accelerated Non-Renounceable Entitlement Offer Monday, 22
Slide 31: Summary of Acquisition Agreement
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- SUMMARY OF ACQUISITION AGREEMENT • The acquisition by BOQ of 100% of
Slide 32: Appendices
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.01.27 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- APPENDICES
Slide 33: Overview of ME Bank
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- OVERVIEW OF ME BANK -ILLUSTRATIVE ONLY- COMPANY OVERVIEW HOME LOAN GROWTH1 6.3% CAGR3 ˃Fo
Slide 34: Overview of ME Bank's Home Loan Portfolio
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OVERVIEW OF ME BANK’S HOME LOAN PORTFOLIO HOUSING GLAS BY CHANNEL1 HO
Slide 35: ME Bank Historical Financials
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- ME BANK HISTORICAL FINANCIALS June YE, $m FY18A FY19A FY20A June YE,
Slide 36: Pro Forma Profit and Loss Impact
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- PRO FORMA PROFIT AND LOSS IMPACT BOQ ME Bank Pro Forma FY20 Financial
Slide 37: Pro Forma Balance Sheet Impact
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- PRO FORMA BALANCE SHEET IMPACT BOQ ME Bank Adjustments Pro-forma FY20
Slide 38: Pro Forma Capital Impacts
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- PRO FORMA CAPITAL IMPACTS BOQ ME Bank Adjustments Pro-forma FY20 Fina
Slide 39: Experienced Key Management Personnel Team
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- EXPERIENCED KEY MANAGEMENT PERSONNEL TEAM GEORGE FRAZIS EWEN STAFFORD
Slide 40: Key Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - Project Condor Investor Presentation vDraft.pptx -DRAFT- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES -ILLUSTRATIVE ONLY- KEY RISKS
Slide 41: Key Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS BOQ’s financial position and performance, its dividends and
Slide 42: Acquisition Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- ACQUISITION RISKS (a) Completion risk Completion of the Acquisition i
Slide 43: Acquisition Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- ACQUISITION RISKS (c) Disclosure and insurance risk The Sale Agreemen
Slide 44: Acquisition Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- ACQUISITION RISKS (f) BOQ Group’s Strategic Growth Projections There
Slide 45: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- ACQUISITION RISKS (l) Funding and underwriting risk BOQ’s intends to
Slide 46: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS The BOQ Group’s activities a
Slide 47: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS (b) Credit risk As a financi
Slide 48: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS Initiatives to mitigate or r
Slide 49: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS If market conditions deterio
Slide 50: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS (k) Market risk The BOQ Grou
Slide 51: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS This dynamic is apparent, wi
Slide 52: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS The Royal Commission recomme
Slide 53: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS Due to the volume of transac
Slide 54: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS Basel III Basel III is a com
Slide 55: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS In particular, the risk of n
Slide 56: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS BOQ manages these operationa
Slide 57: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS To manage these risks, BOQ e
Slide 58: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS However, these accounting po
Slide 59: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS (z) Increased industry compe
Slide 60: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS (bb) Conduct risk Conduct ri
Slide 61: Key Risks Associated with BOQ's Business
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- KEY RISKS ASSOCIATED WITH BOQ’S BUSINESS The BOQ Group may be exposed
Slide 62: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS (a) Market price of ordinary shares will fluc
Slide 63: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS • BOQ fails to lodge the investor presentatio
Slide 64: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS • (*) there is introduced, or there is an ann
Slide 65: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS (c) Dilution Entitlement Offer rights cannot
Slide 66: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS (h) Investments in ordinary shares are not de
Slide 67: Offer and General Risks
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- OFFER AND GENERAL RISKS (k) Future issues of debt or other securities
Slide 68: International Offer Restrictions
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- INTERNATIONAL OFFER RESTRICTIONS This document does not constitute an
Slide 69: International Offer Restrictions
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- INTERNATIONAL OFFER RESTRICTIONS Other than in the entitlement offer,
Slide 70: International Offer Restrictions
IBDROOT\PROJECTS\IBD-HK\CONDOR2021A\668090_1\02. Presentations\2. Investor Presentation\2021.02.10 - NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Project Condor Investor Presentation vDraft.pptx -DRAFT- -ILLUSTRATIVE ONLY- INTERNATIONAL OFFER RESTRICTIONS (h) United Arab Emirates This docume
Bank of Queensland — Merger or Acquisition (February 2021) on 6ix