Anz Group Holdings Limited · ASX:ANZ
Anz — FY2025 Earnings Presentation
101 slides from Anz's earnings presentation, Nov 10, 2025
Slide 1: 10 November 2025
10 November 2025 Approved for distribution by ANZ’s Continuous Disclosure Committee ANZ Group Holdings Limited 9/833 Collins Street Docklands Victoria 3008 Australia ABN 16 659 510 791
Slide 2: Important information
Important information Forward-looking statements The material in this presentation contains general background information about the ANZ Group’s activities current as at 7 November 2025. It is information given in summary form and does not purport to be complete. It is not intended to be and should
Slide 3: Contents
CONTENTS Chief Executive Officer presentation 4 Chief Financial Officer presentation 16 Investor Discussion Pack 33 Corporate overview 33 Additional Financial information 44 Treasury 56 Risk management and Housing 68 Environment, Social & Governance (ESG) 92 Further information 101 3
Slide 4: 2025 Full Year Results - Chief Executive Officer
2025 Full Year Results Nuno Matos Chief Executive Officer
Slide 5: Our external operating environment
Our external operating environment Resilient growth across our key markets1, % Australia consumer confidence Index2 4-week moving average 90 5.1 4.8 80 4.6 70 Jan Jul Jan Jul Jan Jul 3.4 3.5 23 23 24 24 25 25 3.2 3.2 3.3 3.4 2.8 2.5 2.4 2.6 China trade shares3, % 1.8 16 14 0.3 12 10 Global Australia
Slide 6: FY25 overview
FY25 overview Financial performance Shareholder outcomes Balance sheet strength Cash return on tangible equity (ROTE), % Dividend per share, cents Level 2 CET1 ratio, % 10.6 10.5 166 166 12.2 12.3 10.3 12.0 8.8 FY24 FY25 FY24 FY25 FY24 FY25 ROTE Level 2 CET1 ratio Significant items impact1 NOHC surp
Slide 7: Unlocking our potential to win the preference of customers, shareholders and the community
Unlocking our potential to win the preference of customers, shareholders and the community Strategic pillars Customer first Simplicity Resilience Delivering value With market To set the market standard Leading the industry in trust, To sustainably improve our leading, differentiated and for producti
Slide 8: Five immediate priorities
Five immediate priorities1 Embed new leadership team and continue to drive a cultural reset 1 New leadership team announced to embed the right culture to execute our strategy Integrate Suncorp Bank faster to deliver value 2 On track to complete a safe & secure migration of Suncorp Bank customers to
Slide 9: Unlocking our potential to win the preference of customers, shareholders and the community
Unlocking our potential to win the preference of customers, shareholders and the community Strategic pillars Customer first Simplicity Resilience Delivering value With market To set the market standard Leading the industry in trust, To sustainably improve our leading, differentiated and for producti
Slide 10: Customer first - Australia Retail
Customer first Australia Retail Customers Save and transact deposits, $b Home loan lending, $b 6.40m +12% 100 +5% 344 90 327 MFI share1 22 21 11.7% -0.1% vs Sep 24 79 69 NPS2 +1.7 +0.5 pts vs Sep 24 Sep 24 Savings Transactional Sep 25 Proprietary Sep 24 33% 33% Sep 25 32% 32% origination Customer, M
Slide 11: Customer first - Australia Business & Private Bank
Customer first Australia Business & Private Bank (previously Australia Commercial) Customers Save and transact deposits, $b Business lending, $b 571k 82 +3% 85 65 +3% 67 MFI share1 24 24 16.4% flat vs Sep 24 58 61 NPS2 -1.8 +4 pts vs FY24 Sep 24 Savings Transactional Sep 25 Sep 24 Sep 25 Customer, M
Slide 12: Customer first - Suncorp Bank
Customer first Suncorp Bank Customers Save and transact deposits, $b Home loan & Business lending, $b 1.26m 32 +6% 34 71 +3% 73 Retail MFI share1 13 13 14 2.5% 14 +0.2% vs Sep 24 58 60 18 20 Retail NPS2 +16.5 +1.3pts vs Sep 24 Sep 24 Savings Transactional Sep 25 Sep 24 Home loans Sep 25 Business loa
Slide 13: Customer first - Institutional
Customer first Institutional #1 Operational/ at-call deposits, $b +12% Markets revenue, $m 2,184 2,139 Institutional Bank 123 110 across Australia and 634 630 New Zealand for relationship strength and quality and the 1,550 1,509 best bank for Corporate Banking in Sep 24 Sep 25 FY24 FY25 Asia1 Custom
Slide 14: Customer first - New Zealand
Customer first New Zealand Customers (Personal & Business) Save and transact deposits, NZDb Home loan & Business lending, NZDb 2.67m +5% +4% 61 138 Personal 58 133 22 MFI share1 NPS2 22 32.0% +19 37 39 +2.19% vs Sep 24 +1 pt vs Sep 24 111 116 Business 21 22 MFI share1 NPS2 Sep 24 Sep 25 Sep 24 Sep 2
Slide 15: ANZ's distinctive portfolio
ANZ’s distinctive portfolio Two scale markets, two market-leading positions and a well-diversified business model Australia Business Australia Retail Institutional New Zealand and Private Bank Top 4 Top 4 #1 #1 Institutional Bank across major bank major bank Australia and New Zealand market leader f
Slide 16: 2025 Full Year Results - Chief Financial Officer
2025 Full Year Results Farhan Faruqui Chief Financial Officer
Slide 17: FY25 overview
FY25 overview Financial performance & key financial metrics (ANZ 2030 strategy)1 Net profit after tax Revenue/Avg RWA Cost to income ratio Return on tangible equity CET1 ratio $m % 6,921 6,896 4.80 4.75 53.4 10.6 10.5 12.2 12.3 196 51.4 1,109 6,725 12.0 5,787 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25
Slide 18: Cash profit and impact of significant items - Full Year
Cash profit and impact of significant items – Full Year $m FY24 FY25 FY25 vs FY24 Statutory Profit 6,535 5,891 -10% Cash Net Profit after Tax 6,725 5,787 -14% Significant items included in Cash Profit1: (196) (1,109) Cash Profit adjusting for significant items 6,921 6,896 0% > Revenue 20,809 22,184
Slide 19: Revenue - Full Year
Revenue – Full Year $m +7% 1,483 22,184 21,899 -63 -45 -285 20,809 Includes first FY24 2,184 full year of Panin Suncorp Bank FY25 2,139 impairment earnings FY241 Net interest Other operating Markets FY25 Significant FY25 income2 income2 income (ex Significant items items) 1. FY24 includes 2 months o
Slide 20: Revenue - Second half
Revenue – Second half $m +2% 92 11,189 109 10,995 -7 10,904 -285 1H25 1,073 Panin 2H25 1,066 impairment 1H25 Net interest Other operating Markets FY25 Significant 2H25 income1 income1 income (ex Significant items items) 1. Excluding Markets income 20
Slide 21: Net interest margin (NIM)
Net interest margin (NIM) NIM ex Group NIM, bps Markets flat 158 156 156 2 -1 2 0 154 -2 0 -3 Primarily Primarily the Includes 1bp Home Loan impact of benefit from competition lower policy replicating in Australia rates deposits 1H24 2H24 1H25 Assets Deposits Wholesale Capital & Assets & Group Marke
Slide 22: Balance Sheet - Customer deposits
Balance Sheet – Customer deposits Customer deposits by division1, $b Customer deposits by type1, $b +4% +4% 12 1 1 633 633 606 62 +10% 3 +6 in NZD 57 10 606 170 -5% 179 179 +8% 166 204 222 +9% Sep 24 Australia Australia Institutional New Suncorp Sep 25 Sep 24 Sep 25 Retail Commercial Zealand Bank Tr
Slide 23: Balance Sheet - Lending
Balance Sheet – Lending Net loans and advances (NLA)1, $b NLA by Geography1, $b +3% +3% 6 2 782 782 16 2 756 64 +1% 756 -1 63 +6 in NZD 139 138 +4% (158 in NZD) in NZD (151 in NZD) 554 580 +5% Sep 24 Australia Australia Institutional New Suncorp Sep 25 Sep 24 Sep 25 Retail Commercial Zealand Bank Au
Slide 24: Markets revenue
Markets revenue Total Markets revenue composition, $m Markets revenue by Geography2, $m First half Second half 2,184 2,139 1,212 1,073 1,066 343 972 323 307 1,241 1,251 118 291 125 55 55 114 45 102 120 232 211 226 245 164 255 394 370 352 376 698 633 1H24 1H25 2H24 2H25 FY24 FY25 Foreign Exchange Cre
Slide 25: Operating expenses
Operating expenses FY26 expectations: $m We expect costs to be down ~3% in FY26 off our FY25 cost\base adjusted for significant items of $11.85b 1,031 12,880 +3% 276 405 76 11,849 11,465 -373 724 36 10,705 +11% FY24 Inflation Investment Other Productivity FY25 Significant items FY25 pre significant
Slide 26: Portfolio quality
Portfolio quality Individual provision charge and loss rate Consumer portfolio 90+ DPD2, % Non-performing loans, % Loss rate1, bps 1 3 4 4 1.0 0.86 0.78 0.79 Charge, $m 0.86 0.72 0.8 0.64 159 168 106 38 0.6 264 301 295 201 0.45 0.4 -163 -158 -142 -127 0.2 1H24 2H24 1H25 2H25 Mar 24 Sep 24 Mar 25 Sep
Slide 27: Provisioning
Provisioning Collective provision (CP) balance, $m Performing loans coverage3,4 4,379 CP coverage1 1.18%, up 5bps 4,280 0.36% 0.38% 0.40% 4,247 372 Recalibrated aspects of collective 0.31% 4,046 provisions, including: • reviewing downside scenarios and making some methodology changes for 2,010 the A
Slide 28: Capital
Capital ~16bps further benefit ANZBGL - APRA Level 2 Common Equity Tier 1 (CET1) ratio – 2H25 Movement, % expected from Final 2025 Dividend Reinvestment Plan5 Level 1 Level 1 Level 1 12.0 12.4 12.7 0.71 0.22 12.26 0.14 0.22 12.03 11.78 -0.19 -0.45 -0.18 Includes Includes IRRBB underlying -0.10 RWA O
Slide 29: Our targets
Our targets1 Increase Return on Tangible Equity (ROTE) towards 12% by FY28 and towards 13% by FY30 Achieve a cost-to-income ratio in the mid-40s percent by FY28 and sustained through to FY30, including Estimated gross cost savings of $800 million to be delivered in FY26 Estimated Suncorp Ban
Slide 30: Tracking our progress
Tracking our progress Customer first Key performance indicators Australia Australia Business Suncorp New Zealand New Zealand Institutional Retail & Private Bank Bank Retail Business MFI share 1 MFI share3 Retail MFI share5 MFI share7 MFI share7 11.7% 16.4% 2.5% 32.0% 30.2% #1 -0.1% vs Sep 24 Flat vs
Slide 31: Tracking our progress
Tracking our progress Key performance indicators Simplicity Resilience Delivering value Cost to income ratio (CTI)1 Common Equity Tier 1 (CET1) Ratio Return on Tangible Equity (ROTE)1 53.4% 12.03% 10.5% +197 bps vs Sep 24 -17bps vs Sep 24 -12bps vs Sep 24 Deliver gross cost Suncorp Bank cost NFR rem
Slide 32: Financial priorities
Financial priorities Maintain a strong balance Simplify our organisation, Improve returns for sheet and capital position deliver resultant cost savings our investors 32
Slide 33: Investor Discussion Pack - Corporate overview
2025 Full Year Results Investor Discussion Pack Corporate overview
Slide 34: ANZ has a strong foundation
ANZ has a strong foundation A strong heritage, with a history dating back to 1828, evolving through organic growth and mergers and acquisitions to become a "Big Four" bank in Australia & New Zealand Employees and • Operating across 29 markets customers • >11m customers across retail, commercial, ins
Slide 35: ANZ 2030 - Two phases to our strategy
ANZ 2030 - Two phases to our strategy First phase – Across FY26 & FY27 Second phase – Beyond FY27 Delivering on immediate priorities to Realise the benefits of these get the basics right strong foundations › Substantial improvement in › Accelerate growth productivity › Outperform the market › Initia
Slide 36: Customer first - Australia Retail
Customer first Australia Retail1 Differentiated Strengthen proprietary Elevate channel propositions for origination experiences customer segments Invest and train mortgage ANZ Plus single customer front-end sales force Mass affluent segment Invest in bankers’ tools Increase lenders in branches, up P
Slide 37: Customer first - Australia Commercial
Customer first Australia Commercial1 Front line that matches The right platform Build on strong Private our ambition for the right customer Bank foundations Increase bankers by close to 50% Transactive Global to the middle- More relationship managers Better tools and systems market segment Improve q
Slide 38: Customer first - Institutional
Customer first Institutional Targeted customer Market leading Capital management acquisition platforms to optimise returns Financial Institutions; Corporates with Extending our leading position in New capital management structure links to Australia and New Zealand; and payments, cash management and
Slide 39: Customer first - New Zealand
Customer first New Zealand Re-platformed Refreshed segment Investing in business for the future propositions bankers Bring customer experience in line Bespoke propositions to customer Provide business relationship with leadership position, by segments, including affluent and managers the right tools
Slide 40: Simplicity
Simplicity Automation & External spend Artificial Intelligence Significant optimisation opportunities, a formal program, four areas Organisational Investment change portfolio review 40
Slide 41: Resilience
Resilience Capital & Credit quality Non-Financial Risk balance sheet management Strong capital, funding and liquidity Reshaped lending book, drive A better run bank position good risk outcomes, believe structural in nature One of only 11 banks globally in the AA band by all three rating agencies1 83
Slide 42: Delivering value
Delivering value Financial outcomes of immediate priorities1 Integrate Suncorp Bank faster to deliver value Estimated total cost synergies (pre-tax) Estimated integration costs (pre-tax) $500m $745m per annum full run-rate from FY29 Status at Sep 25, $m Status at Sep 25, $m Synergies to date remaini
Slide 43: Supporting our stakeholders
Supporting our stakeholders Our customers & debt (fixed income) investors Paying interest to our customers and debt investors, enabling us to provide lending and related services to our customers 10% Our people Our people in 29 markets are equipped with the skills and tools to deliver on our strateg
Slide 44: Investor Discussion Pack - Additional financial information
2025 Full Year Results Investor Discussion Pack Additional financial information
Slide 45: Revenue & expenses
Revenue & expenses Total revenue, $b Revenue composition, % 11.0 10.4 10.5 10.9 1.0 1.1 1.1 1.2 1.1 0.9 1.2 1.3 8.0 8.2 8.8 8.9 16% 27% 1H24 2H24 1H25 2H25 NII ex Markets OOI ex Markets Markets FY25 1% $21,899m Total expenses, $b 7.1 5.7 0.7 8% 5.2 5.5 0.1 0.1 1.4 31% 0.1 1.0 0.9 0.8 1.2 0.9 1.0 1.1
Slide 46: Total investment spend
Total investment spend Investment Spend by Category1 FY24 FY25 1,691 1,543 Investment spend expensed 81% 82% 793 720 Investment spend expensed, $m 1,257 1,389 Capitalised Software balance, $m 1,020 998 304 282 Amortisation expense, $m 324 348 456 523 Avg amortisation period (years) 3.4 3.2 85 71 FY2
Slide 47: Total balance sheet composition
Total balance sheet composition Exposure at default1, $b Risk weighted assets, $b Net loans & advances, $b Customer deposits, $b 1,303 459 829 748 1,260 447 803 715 3% 433 5% 8% 3% 6% 9% 1,163 7% 3% 8% 9% 8% 7% 7% 707 647 6% 11% 14% 16% 15% 11% 14% 15% 15% 14% 12% 14% 17% 26% 26% 38% 43% 40% 30% 37%
Slide 48: Net loans and advances
Net loans and advances Australia Retail, $b Australia Commercial1, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 341 349 66 67 217 216 333 64 65 73 140 206 210 322 5 5 71 72 133 134 136 6 5 41 48 13 13 24 24 45 48 13 24 24 2 2 21 2 2 14 18 18 39 40 41 42 327 336 344 317 58 59 60 107 108 11
Slide 49: Customer deposits
Customer deposits Australia Retail, $b Australia Commercial, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 187 119 119 56 56 116 293 183 116 116 55 113 282 172 177 109 110 264 2 2 7 7 7 249 1 53 55 33 34 35 34 1 47 50 15 52 55 135 115 16 16 49 52 110 98 37 31 37 37 41 57 58 60 61 43 43 41
Slide 50: Risk adjusted revenue
Risk adjusted revenue Total Group Aus. Retail Aus. Commercial Suncorp Bank New Zealand Institutional Revenue / Avg total risk weighted assets (RWA), % 4.77 4.77 4.61 7.63 7.59 7.41 5.94 5.99 5.53 4.76 4.83 4.96 4.67 5.12 5.00 3.95 3.85 3.74 2H24 1H25 2H25 2H24 1H25 2H25 2H24 1H25 2H25 2H24 1H25 2H25
Slide 51: Institutional performance summary
Institutional performance summary Customer franchise revenue1, $b Core lending2, $b Risk intensity (ex. Markets) 3.2 2.36% 2.41% 2.28% 2.23% 52% 3.0 3.1 3.1 1.52% 40% 41% 41% 41% 2.4 1.8 1.6 1.7 1.6 1.51% 1.51% 1.44% 1.42% 1.32% 1.3 260 260 282 265 235 159 165 172 168 1.4 1.4 1.4 1.5 138 78% 1.1 72%
Slide 52: Institutional margins
Institutional margins NIM1 drivers (ex. Markets), bps Risk adjusted NIM4 (ex. Markets) – by geography, bps 224 Institutional Australia & PNG 4Q25 = 216 2 -4 216 370 373 351 367 348 360 364 343 -4 333 338 -2 294 292 1H25 Funding mix Lower Deposit mix & Lending 2H25 1H23 2H23 1H24 2H24 1H25 2H25 1H23
Slide 53: Institutional Markets
Institutional Markets Total Markets income, $m Customer Franchise income1, $m Second half 759 670 681 55 2,184 2,139 575 35 45 102 2,107 76 103 13 30 120 54 53 226 111 189 164 531 617 626 1,567 381 370 352 376 429 2H22 2H23 2H24 2H25 First half 869 757 118 750 1,550 1,509 1,427 80 125 55 590 114 1,1
Slide 54: Institutional Payments and Cash Management
Institutional Payments and Cash Management PCM revenue, $m Balance by rate sensitivity Zero low-rate deposits (excluding term deposits) (by currency) 916 901 898 866 123 196 198 200 197 652 203 Customer rate changes are 720 703 698 669 449 largely in-line Low-rate deposits with cash rate where the 2
Slide 55: New Zealand division - Balance sheet and financial position
New Zealand division – Balance sheet and financial position Housing lending1 Business lending2 Agri lending NZDb NZDb NZDb 111.1 113.4 116.1 15.0 15.2 14.7 15.2 109.5 6.6 6.6 6.7 6.8 Mar 24 Sep 24 Mar 25 Sep 25 Mar 24 Sep 24 Mar 25 Sep 25 Mar 24 Sep 24 Mar 25 Sep 25 Owner occupied Residential invest
Slide 56: Investor Discussion Pack - Group Treasury
2025 Full Year Results Investor Discussion Pack Group Treasury
Slide 57: ANZ Group capital
ANZ Group capital ANZ Group capital composition1, $b ANZ Bank Group key capital ratios (%) Sep 24 Mar 25 Sep 25 97.1 97.8 Level 2 CET1 capital ratio 12.2 11.8 12.0 93.7 Level 2 CET1 HoH mvmt -130 bps -42 bps +25 bps Additional Tier 1 capital ratio 1.8 1.6 1.6 29.2 32.8 33.8 Tier 1 capital ratio 14.0
Slide 58: Capital ratios on a Basel Harmonised basis
Capital ratios on a Basel Harmonised basis Level 2 capital ratio (APRA vs Basel Harmonised)1, % APRA Level 2 CET1 ratio – 30 September 2025 12.0% Australia APRA requires cohort specific multipliers (i.e. 1.4x for Owner Residential Occupier Principal and Interest & 1.7x for all Other mortgage types)
Slide 59: Regulatory capital
Regulatory capital ANZ Bank Group capital • Level 2 CET1 ratio of 12.0% (Level 1 CET1 ratio of 12.4%), an increase of 25bp from 1H25: • Underlying reduction in CRWA is primarily driven by a reduction in exposures in Institutional • Operational Risk overlay of $250m is effective from Apr-25 • The cap
Slide 60: Regulatory capital - risk weighted assets
Regulatory capital – risk weighted assets Risk weighted assets – Level 2, $b 469.0 3.7 463.9 1.4 0.1 3.1 458.5 -5.1 -3.4 -1.7 -8.6 Mar 25 FX impacts Mar 25 Divisional lending Risk Other Traded Operational IRRBB Capital floor Sep 25 FX adjusted impacts credit Market Risk Risk Overlay adjustment Risk
Slide 61: Balance sheet structure
Balance sheet structure1 NSFR movement, % Balance sheet composition, Sep 25 3.6 Offshore Short Term W’sale Debt 4% 116 0.4 115 Domestic Short Term -4.9 Wholesale Debt and -0.1 -0.5 Liquid and Other Assets Other Funding5 36% 21% Corporate, PSE and Operational Deposits Sep 24 Deposits Loans Wholesale
Slide 62: Liquidity coverage ratio (LCR) summary
Liquidity coverage ratio (LCR) summary1 $9b increase in average LCR surplus2 LCR composition, Average FY25 $77b FY24 FY25 313 Offshore short-dated Financial Institution (FI) deposits are Avg LCR 133% Avg LCR 132% Other LCR Liquids5 typically placed with Central Banks. 39 Whilst this has no effect on
Slide 63: Term wholesale funding
Term wholesale funding1 Portfolio composition4 ANZ has access to a diverse range of wholesale funding Product • FY25 term funding issuance of $37b2, ~50% of which were issued in domestic currencies • Expected FY26 term funding of ~$35b across ANZBGL (~$25b), ANZ NZ (~$5b) and Suncorp Bank (~$3-5b) 1
Slide 64: Tier 2 and AT1 portfolio
Tier 2 and AT1 portfolio1 ANZ is well placed to meet APRA and RBNZ Tier 2 requirements Tier 2 capital, Notional amount % • APRA Level 2 Total Capital ratio is 21.0%, 29.2% on a Basel Harmonised basis • ANZBGL issued ~$7.5b of Tier 2 in FY25. This included the first ever AUD benchmark 20-year bullet
Slide 65: RBNZ Capital Review
RBNZ Capital Review Key proposals Capital stack options, capital ratio % 21.00 RBNZ is conducting a review of key capital settings for New 18.00 18.25 Zealand banks with outcomes to be finalised in December 2025. 17.00 6.00 2.00 The review currently proposes: 3.00 4.50 2.50 3.00 3.25 • lower and inc
Slide 66: Capital and replicating deposits portfolio
Capital and replicating deposits portfolio1 Includes unhedged component Australia, % Portfolio earnings rate, Average % Australia New Zealand 5 1H23 1.90% 1.93% 4 3 2H23 2.16% 2.43% 2 1H24 2.35% 3.06% 1 2H24 2.54% 3.57% 0 1H25 2.78% 3.78% Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 Jul 23 Jan 24 Jul 24 Jan 2
Slide 67: Capital & liquidity prudential outlook
Capital & liquidity prudential outlook1,2 2025 2026 2027 Implementation Date Loss-Absorbing Capacity (LAC) Transition 2026 APRA Additional Tier 1 Consultation Implementation 2027 Comprehensive review Consultation Implementation (TBC) 2027 (TBC) of APS210 (Liquidity) Recovery and Resolution planning
Slide 68: Investor Discussion Pack - Risk Management & Housing
2025 Full Year Results Investor Discussion Pack Risk Management & Housing Risk Management metrics include Suncorp Bank from Sep 24 onwards
Slide 69: Individual and collective credit impairment
Individual and collective credit impairment Individual provision (IP) charge / (release), $m Collective provision (CP) charge / (release), $m 106 159 168 38 1H24 2H24 1H25 2H25 269 215 164 224 Total CP charge / (release) 32 230 -14 128 37 40 32 80 -127 Volume/Mix 63 210 17 -13 -163 -158 -142 Change
Slide 70: Collective provision (CP) balance
Collective provision (CP) balance Provision balance by stage, Sep 25 $b Portfolio composition and coverage, Sep 25 % 2.5 CP 2.01 coverage 0.53% 1.18% 0.34% 0.48% 2.0 1.72 1.5 $833b $370b $1,303b $914b 100% 1.05 1.05 1.0 50% 0.5 0.0 0% Stage 1 Stage 2 Stage 3 Stage 3 Gross loans Credit RWA Exposure E
Slide 71: Expected credit loss - Economic scenarios and modelled outcomes
Expected credit loss – Economic scenarios and modelled outcomes Sep 25, $m Average weightings to scenarios to determine Economic scenarios Actual Base case 1 CP balance 30 September 2025 CY2023A CY2024A CY2025F CY2026F CY2027F 1% 46% 40% 13% Australia GDP change2 2.0% 1.1% 1.8% 2.4% 2.4% Unemploymen
Slide 72: Credit impairment charges & historical loss trends
Credit impairment charges & historical loss trends ANZ historical loss rates1, bps Total credit impairment charge, $m 250 1,800 1,500 200 1,200 900 150 600 300 100 0 -300 50 -600 0 -900 Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H
Slide 73: Long run loss rate based on current book mix
Long run loss rate based on current book mix ~11bps Total exposures, EAD $b Average Group observed loss rates (IPC/GLA), bps Post Basel II (2008 – 2025) loss rate adjusted 38 for current book mix 11bps 2% 1% 1% Other 14% 24 21% Sovereigns 16 11 9% Banks & FI 35% 1991 - 2025 2001 - 2025 2011 - 2025 2
Slide 74: Portfolio Quality
Portfolio Quality Probability of default distribution, wholesale IRB EAD1 2H25, $b Probability of default distribution, retail IRB EAD2 2H25, $b Investment grade 83% 200 200 150 150 100 100 50 50 1% 0.27% 0 0 AAA to AA- A+ to BBB+ BBB to BBB- BB+ to B+ B to B- CCC+ to C Default 0.00% to 0.15% to 0.5
Slide 75: Impaired assets
Impaired assets Gross impaired assets, $b Gross impaired assets, $b Gross impaired assets, $b New impaired assets, $b By category By size of exposure By division By division 21% 0.30% 5 5 5 0.27% 5 18% 0.21% 0.21% 16% 16% 4 4 4 4 3 3 3 3 2.54 2.54 2.54 2.25 2.25 2.25 2 1.69 2 1.69 2 1.69 2 1.52 1.52
Slide 76: Consumer and wholesale portfolio risk trends
Consumer and wholesale portfolio risk trends Consumer portfolio1 Control list4, indexed data 90+ DPD as a % of total portfolio balances Sep 20=100 1.50 120 1.25 90 1.00 0.75 60 0.50 30 0.25 0.00 0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep
Slide 77: Risk weighted assets and exposure at default
Risk weighted assets and exposure at default Exposure at default1, $b Total risk weighted assets (RWA), $b Credit risk weighted asset drivers2, $b 1,342 1,303 447 469 459 1,260 432 1,151 20 22 23 5 12 3 11.8 0.1 369.6 3 50 51 54 15 422 43 28 32 361.2 374 390 38 31 -2.4 -0.3 354 -0.8 529 540 548 457
Slide 78: Total portfolio composition
Total portfolio composition % of Impaired Assets Gross Impaired Category % of Group EAD1 Exposure at Default (EAD) distribution to EAD1 Assets2 Sep 24 Mar 25 Sep 25 Sep 24 Mar 25 Sep 25 Sep 25 4.0% Consumer Lending 43.6% 41.7% 43.5% 0.2% 0.2% 0.3% $1,591m 0.8% Finance, Investment & Insurance 22.3% 2
Slide 79: Commercial Property
Commercial Property Outstandings by region, GLA $b Outstandings by sector, % Commercial property collateral1,2, % 79% of portfolio well secured 7.4% 7.5% 7.3% 48% 62.8 7% 60.8 8% 8% 58.6 1.8 2.2 2.0 9.3 9.1 19% 20% 24% 9.6 30% 27% 27% 25% 49.5 51.7 47.1 13% 20% 22% 22% 8% 25% 23% 22% 1% Sep 24 Mar 2
Slide 80: ANZ Institutional portfolio
ANZ Institutional portfolio Size & tenor by market of EAD1 Industry composition, EAD1 Product composition, EAD1 Market of incorporation, EAD1 By market of incorporation, $b Sep 25 4% 2% 13% 9% 1% 3% 2% 5% 567 3% 3% 32% 6% 4% 11% 38% 3% 43% 6% 9% 54% 9% 27% 16% 19% 33% 286 36% Finance, Investment & I
Slide 81: Institutional Asia portfolio
Institutional Asia portfolio Asia portfolio composition, % of EAD1 Asia industry composition, EAD1 Asia product composition, EAD1 Asia China Asia Asia $119b 7% 2% 2% 9% 3% 2% 1% 6% 4% 5% 28% 17% 5% 1% 4% 2% 11% 23% 9% 69% 72% 15% 23% 48% Investment China grade 97% $16b 3% Finance, Investment & Insur
Slide 82: Our resources portfolio
Our resources portfolio Resources Portfolio, EAD1 $b Thermal Coal Mining, EAD1 $b Movement in Oil and Gas Extraction 16.2 17.0 and Thermal Coal Mining Exposures 0.5 15.3 0.8 1.4 1.2 0.9 14.6 0.4 0.7 1.1 0.7 1.2 0.2 0.5 The portfolio is in the advance stage of runoff, and 0.9 1.0 1.2 our exposures ar
Slide 83: Internal Expected Loss rates
Internal Expected Loss rates From 1H26 ANZ will cease external disclosure of Internal Expected Loss (IEL). IEL uses Probability of Default models designed for capital adequacy purposes, and as such it is a conservative, rather than unbiased, measure of expected loss. Over the last ten years (FY16-25
Slide 84: Australia home loans - portfolio overview
Australia home loans - portfolio overview excluding Suncorp Bank Portfolio1 Flow Portfolio1 Sep 23 Sep 24 Sep 25 FY24 FY25 Sep 23 Sep 24 Sep 25 Home Loan accounts3 958k 944k 936k 174k2 181k Average LVR at Origination9,10 65% 66% 65% Total FUM $304b $324b $341b $85b2 $89b Average Dynamic LVR (excl. o
Slide 85: Australia home loans - portfolio composition
Australia home loans - portfolio composition excluding Suncorp Bank Home loan balance composition1,2, $b Home loan balance & lending flow 1, $b 333 341 324 2 27 314 2 53 3 304 3 28 30 341 3 27 3 324 3 25 4 25 3 3 -66 3 77 74 76 68 71 Sep 24 New Sales Net OFI Refi. Redraw & Repay Sep 25 excl. Refi-In
Slide 86: Australia home loans - portfolio composition & flow
Australia home loans - portfolio composition & flow excluding Suncorp Bank By purpose, % of total balances By location, % of total balances Portfolio1,2 Portfolio1 1% 1% 1% 6% 6% 7% 31% 31% 31% 10% 10% 10% 15% 16% 16% 33% 33% 32% 68% 68% 68% 36% 35% 35% Sep 23 Sep 24 Sep 25 Sep 23 Sep 24 Sep 25 Owne
Slide 87: Australia home loans - portfolio composition & flow
Australia home loans - portfolio composition & flow excluding Suncorp Bank LVR profile1, % of total balances By channel, % of total balances Dynamic LVR – Portfolio2,3 Portfolio2,5 18% 16% 15% 0% 0% 0% 41% 39% 43% 82% 84% 85% 57% 59% 61% Sep 23 Sep 24 Sep 25 Sep 23 Sep 24 Sep 25 >80% LVR 80% LVR <80
Slide 88: Australia home loans - portfolio resilience
Australia home loans - portfolio resilience excluding Suncorp Bank Home Loans repayment profile1,2 Home Loans on time and <1 month ahead profile 2,3 % of accounts ahead of repayments % composition of accounts 40 36% 38% 40% 20 16% 17% 6% 13% 3% 14% 31% 43% 43% 0 Overdue On Time <1 1-3 3-6 6-12 1-2 >
Slide 89: Australia home loans - portfolio performance
Australia home loans - portfolio performance excluding Suncorp Bank Home loans 90+ DPD ( by state) 1,2 Home loans delinquencies1,2,3 % of portfolio segment balances % of portfolio segment balances 2.5 1.1 2.0 1.0 1.5 1.0 0.9 0.5 0.8 0.0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep 0.7 19 20 2
Slide 90: Lenders Mortgage Insurance
Lenders Mortgage Insurance excluding Suncorp Bank September Full Year 2025 Results LMI & Reinsurance structure Australian Home Loan portfolio LMI and Reinsurance structure at 30 Sep 25 (% New Gross Written Premium ($m) $82.4m Business FUM Oct 24 to Sep 25) Not LMI Insured Net Claims Paid ($m) $3.7m
Slide 91: New Zealand home loans - portfolio overview
New Zealand home loans – portfolio overview Portfolio Flow Portfolio Flow Sep 23 Sep 24 Sep 25 FY24 FY25 Sep 23 Sep 24 Sep 25 FY24 FY25 Number of Home Loan Accounts 545k 555k 572k 56k 62k % Paying Interest Only 11% 11% 10% 16% 18% Total FUM (NZD) 107b 111b 116b 21b 26b % Paying Principal & Interest
Slide 92: Investor Discussion Pack - Environment, Social & Governance (ESG)
2025 Full Year Results Investor Discussion Pack Environment, Social & Governance (ESG)
Slide 93: Our ESG approach and related disclosures
Our ESG approach and related disclosures Our suite of ESG reports1 are produced to meet the needs of our key external stakeholders, including our investors and customers, and take account of our social, environmental and economic risks and opportunities. Our ESG approach is focused on responding to
Slide 94: Our Climate and Environment Strategy
Our Climate and Environment Strategy Our Climate and Environment Strategy sets out our objective to be a trusted partner for our customers, supporting them to adapt and become more resilient to a changing environment and economy. In particular, we aim to be a leading bank in supporting an effective
Slide 95: Our Large Emitters Engagement Program
Our Large Emitters Engagement Program1 • We have been engaging with large emitting customers since 2018, How our LEEP customers are placed in 20252 which has evolved to now focus on our LEEP cohort. 24 49 77 • We review our LEEP customers’ transition plans against our Emerging Progressing Mature ass
Slide 96: Our sectoral pathways to transition our lending to net-zero financed emissions
Our sectoral pathways to transition our lending to net-zero financed emissions1 Sector2 2030 Interim Target Status reduction Sectoral pathways and targets Power generation 54% (2020 baseline) ON-TRACK supporting customer decarbonisation • This year, we reviewed our sectoral Oil and gas 32% (2020 bas
Slide 97: Risk management
Risk management ANZ recognises climate risk as a material risk within the Group Risk Management Framework (RMF). Climate risk is also considered to be a driver of other material risks within our RMF. This year, we focused on: 1• Further enhancing and embedding climate risk management requirements ac
Slide 98: Our ESG targets
Our ESG targets1 Target2 2025 performance or status $10 billion • Fund and facilitate at least $10 billion of investment by end 2030, Since October 2018, we have funded and facilitated $7.37 billion to social housing including $750 million in 2025, to deliver homes to buy and rent support the delive
Slide 99: Important information - Climate-related information
Important information – Climate-related information This presentation may contain climate-related statements, including in relation to climate-related risks and opportunities and climate-related goals and ambitions. While the statements were prepared in good faith, climate-related statements are sub
Slide 100: Sources and notes for MFI, NPS and Institutional Relationship strength
Sources and notes for MFI, NPS and Institutional Relationship strength Slide 30 1. Source: Roy Morgan Single Source, Aged 14+, 12 months to September 2025. ANZ includes ANZ Plus. MFI relationship is based on who consumers perceive to be their main bank 2. Source: Consumer Atlas - RFI Global. Using a
Slide 101: Shareholder centre and investor relations contacts
Shareholder centre and investor relations contacts Group Investor Relations Retail investors Debt investors Kylie Bundrock Cameron Davis Pavita Sivakumar Michelle Weerakoon David Goode Liam Toohey Group General Manager Executive Manager Senior Manager Manager Head of Associate Director Investor Rela