Anz Group Holdings Limited · ASX:ANZ
Anz — Debt Investor Presentation (May 2025)
87 slides from Anz's debt investor presentation, May 2025
Slide 1: ANZ 2025 Half Year Results Debt Investor Presentation
ANZ 2025 Half Year Results Debt Investor Presentation May 2025 Half year ended 31 March 2025 XG ANZ Group Holdings Limited 9/833 Collins Street Docklands Victoria 3008 Australia ABN 16 659 510 791
Slide 2: Disclaimer & Important information
Disclaimer & Important information Background information only The information set out in this document and any accompanying verbal presentation including any question and answer session and any documents or other materials distributed with the presentation (together, the "Presentation") has been pr
Slide 3: Disclaimer & Important information
Disclaimer & Important information NO SECURITIES HAVE BEEN, OR WILL BE, REGISTERED UNDER THE SECURITIES ACT, OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUN
Slide 4: Disclaimer & Important information
Disclaimer & Important information Hong Kong: Any document distributed from Hong Kong is distributed by the Hong Kong branch of the Bank, which is licensed by the Hong Kong Monetary Authority to conduct Type i (dealing in securities), Type 4 (advising on securities) and Type 6 (advising on corporate
Slide 5: Disclaimer & Important information
Disclaimer & Important information Document subject to change The information contained in this document is provided as at the date of this document and is subject to change without notice. Neither the Bank, ANZGHL nor any of their affiliates, agents, employees or advisors intends or has any duty or
Slide 6: Version History
• • • • Version History Version Date Issued Brief Outline of change 1.0 15-May-2025 Version for publication 1.1 10-Nov-2025 Change: Financial resilience target withdrawn as outlined in footnote on page 73.
Slide 7: Contents
Contents 6 HY25 Results overview 4) Asset Quality 6 Divisional highlights Balance Sheet inc Capital, Funding & Liquidity Economic update
Slide 8: HY25 Results Overview
ANZ 2025 First Half Results HY25 Results Overview XG
Slide 9: Highlights
Highlights Record revenue $b 11.00 10.35 10.46 1H24 2H24 1H25 Consistent Markets income $b ii ii Half Yr avg 4H25 1H24, 2H24, 1H25 Strong EPS outcome Stable Banking ROE Record Suncorp Bank profit cents % NPAT! $m 286 118 120 14 14 14 106 192 187 4H24 2H24 4H25 4H24 2H24 4H25 4H24 2H24 4H25 Growing o
Slide 10: Total operating income & expenses
Total operating income & expenses Total income, $b Total expenses, $b FTE by geography, ‘000 424 43.4 1H23) 9 2H230—0 1H240—-2H24_—s 1H25 1H23- 0 2H23) 0 1H24 00 2H24— AH25 Mar 23 Sep23 Mar24 Sep24 Mar 25 TN Mi Net fee & comm. 7) Markets OO! Other Tl Personnel |) Technology [lll Restructuring HM aus
Slide 11: Overview of 1H25 financial performance
Overview of 1H25 financial performance Total revenue composition, % Banking revenue composition, % I Banking Wl Markets ™ Group Centre Wl sustralia Retail Hl tustralia Commercial 1M Institutional (ex Markets) New Zealand Il suncorp Bank I Pacific Banking + Managed to optimise NIM and ROE * Lending,
Slide 12: 1H25 financial performance
1H25 financial performance Total Group revenue, $b 10.3 1H24 1H25 Profit / (loss) before provisions, $m 5%) 105 11.0 2H24 1H25 Cash profit / (loss) after tax, $m Net interest margin, % Average interest earning assets, $b Cost to income ratio, % Return on avg RWA, % ROE?, % Banking! revenue, $b Hil i
Slide 13: Banking performance
Banking performance Revenue, $b Profit before provisions, $b Risk adjusted margins, % —§_¢p———- 517 5.22 3 5.04 5.1 49 1H24 2H24 1H25 Return on equity, % 14 14 14 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 Hl Australia Retail Hl Australia Commercial |) Institutional (ex Markets) 1) New Zealand Hi
Slide 14: Group operating expenses
Group operating expenses 1H25 expense movement, $m FY25 expense expectation, $b FY25 cost growth 245 5,742 7 be similar to 131 = 116 FY24 (+4% 10.7 5,542 LJ -133 5,497 -100 44% 2H24 FX Adj. Wage & Strategic Productivity Timing of 1H25 ex Suncorp 1H25 FY24 FY24 vendor initiatives investments impact o
Slide 15: Investment spend
Investment spend Total spend, $m 882 882 770 770 Investment spend expensed 83% 80% 80% 661 355 661 285 Investment spend expensed, $m 550 707 612 232 14 Capitalised software balance, $m 905 1,020 1,001 65 513 Amortisation expense, $m 154 173 148 = 399 199 24 Avg amortisation period (years)+ 3.0 3.4 3
Slide 16: Net interest margin (NIM)
Net interest margin (NIM) Group NIM, bps Banking NIM, bps 244 ie} 2 2 Le | -2 “1 3 158 156 Institutional (ex Markets):-2 Impacted by Other divisions: Assets & both rate & deposits pricing largely volume net off -6bps 2H24 1H25 2H24 Assets Deposits Wholesale Assets & Capital & Other! pricing pricing
Slide 17: Banking loans and customer deposits
Banking loans and customer deposits Net loans and advances, $b 12.8 0.6 0.0 779.9 8 1.0 0.6 | — 756.4 Sep 24 Australia Australia Suncorp Bank Institutional New Zealand Pacific Mar 25 Retail Commercial (ex Markets) Customer deposits, $b 2.4 0.4 623.3 66 3.4 0.9 82 —— ——_ 607.0 a a Sep 24 Australia Au
Slide 18: Portfolio quality
Portfolio quality Individual provision loss rate1, % Risk-intensity (IRB Corporate, Financial Institution, Retail ex Mortgages)? 0.20 9 50% 44% 48% © . 38% . ANZ Peer 2 Peer 1 Peer 3 0.10 Consumer portfolio 90+ days past due’, % of GLAs 1.2 0.05 08 0.4 0.00 0.0 FY20 FY21 FY22 FY23 FY24 1H25 Sep Sep
Slide 19: Expected credit loss - Economic scenarios and modelled outcomes
Expected credit loss - Economic scenarios and modelled outcomes Mar 25, $m Average weightings to scenarios to determine CP balance 1% 46% 40% 13% Australia GDP change 3.6% 2.0% 11% 21% 25% Unemployment rate* 3.7% 3.7% 4.0% 41% 4.0% 4.280 9,779 Resi. property price change? 6.9% 91% 4.4% 0.9% 3.8% Add
Slide 20: Impaired assets
Impaired assets Gross impaired assets, $b By category 0.35% 0.25% 0.21% ~e_ 0.18% —~g 0.16% ee 2.25 152 1.52 Mar 23 Sep 23 Mar 24 Sep 24 Mar 25 Ill Restructured items (no IP charge) Hl Impaired loans (with IP charge) —*- IP balance as % of GIA Gross impaired assets, $b By division 0.27% 0.21% 0.21%
Slide 21: Strategic priorities
Resolve non-financial risk issues, Run Suncorp Bank well, deliver ensure changes are embedded synergies, prepare for migration Grow dual platforms, underpinning long Manage a smooth CEO transition term competitive advantage
Slide 22: Divisional highlights
ANZ 2025 First Half Results Divisional highlights XG
Slide 23: Australia Retail
Australia Retail + ANZ Plus customers above im, with over $211b in deposit FUM Increasing digitally active users a * Continued strong volume growth — household deposits (0.9x system) and home loans Users, ‘000s Sustaining > ‘ (1.0x system) Momentum * Sustainable productivity enabling a more efficien
Slide 24: ANZ Plus - growing customers, deepening engagement
ANZ Plus - growing customers, deepening engagement ANZ Plus customer, 000s Sep 22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Apr 25 ANZ Plus customer deposits, $b 24 Sep 22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Apr 25 41. Asati March 2025 2. Active customers us
Slide 25: Contemporary digital platform with features
Contemporary digital platform with features Secure, configurable platform offering seamless access to core designed to help customers improve their banking services such as Cash Mgt, FX, Trade Finance, Loans, financial wellbeing Commercial Cards, Data Insights Customer segments
Slide 26: Australia Commercial
Australia Commercial Customer relationships, growth and stability Deep custome! relationships Deposit strength Stability and quality 22% of total group revenue? ~67% of customers have at least one retail product ~69% of Transactive GlobaP users are Australia Commercial customers ~8% increase in Priv
Slide 27: New Zealand
New Zealand + #1 market position in New Zealand for home loans, Agri lending and KiwiSaver * Four Bank of the Year Canstar Awards: Small Business, Business Credit Cards, Market strength Agribusiness, and Most Satisfied Customers - Small Business Merchant Services #1 #1 * Best Private Bank in New Zea
Slide 28: New Zealand division
New Zealand division Balance sheet and financial strength Housing lending? NZDb 107.3 109.5 1iit 113.4 Sep 23 Mar 24 Sep 24 Mar 25 HM Owner occupied “Il Residential investment loan Credit quality Total provision charge/(release), NZDm 40 26 -5 2H23 1H24 2H24 4H25 Hl Individual provision Ill Collecti
Slide 29: Institutional
Institutional Leading institutional franchise #1 Institutional Bank across Australia, New Zealand and Asia’? for Revenue composition relationship strength and quality Deep, long-term relationships with core customers who value our network and capabilities (~60% customers use multiple products) PCM (
Slide 30: Institutional Summary
Institutional Summary Customer franchise revenue}, $b 3.0 So 3.0 34 BoaE 2H1i9 2H23 1H24 2H24 1H25 Hl Lending Ml Non-lending Return on equity, % 15% 13% 13% 13% 9% 2H1i9 2H23 1H24 2H24 1H25 Excludes: Balance Sheet Trading and Derivative Valuation Adjustments Represents Corporate Finance and Trade &
Slide 31: Continuing to build out ANZ Transactive Global
Continuing to build out ANZ Transactive Global Multi-product access Integrated services Richer and safer experience 0 Transactive Global > & $ $2 2 = Lf Payments Trade & Corporate Markets: & Cash Supply Chain Finance Management Finance U afl Agency Workforce Virtual Reporting Payments. Automation Ac
Slide 32: Platform initiatives enabling additional revenue opportunities
• • • • • • • • Platform initiatives are enabling additional revenue opportunities within ANZ Payments & Cash Management
Slide 33: Markets performance
Markets performance Total Markets income - first half, $m Customer Franchise income composition — first half, $m 739 750 114 BL Prior 1H avg 1H25 1H22 1H23 1H24 1H25 (14H22-1H24) Hl customer Franchise Il Balance Sheet Derivative valuation adjustment |_| Foreign Exchange Commodities Hl Rates Credit a
Slide 34: Suncorp Bank
Suncorp Bank Growing momentum Delivering for customers Integrating into the ANZ Group Solid growth in retail customer deposits, providing sustainable funding and supporting margin outcomes Home lending momentum continues to improve since acquisition. Q2 applications were over 40% higher than PCP wit
Slide 35: Suncorp Bank balance sheet and financial strength
Suncorp Bank Balance sheet and financial strength Home lending, $b Business lending, $b Customer deposits, $b 58 59 13 55 56 18 18 3 14 14 7 7 5 is i6 40 44 5 is 19 Sep 24 Mar 25 Sep 24 Mar 25 Sep 24 Mar 25 Hl Owner Occupied Il Investor Hl Agribusiness Il Commercial SME HM Savings Ml Term Deposits [
Slide 36: Suncorp Bank — delivering scale and diversification in Australia
Suncorp Bank -— delivering scale and diversification in Australia Australia retail and commercial businesses Customer deposits, $b Net loans and advances, $b AD 35: 479 3ii oe 404 48 62 263 342 Jun 22+ Mar 25 Jun 22+ Mar 25 Hl Australia Retail and Australia Commercial Il Suncorp Bank 4. On 48 July 2
Slide 37: Suncorp Bank performance
Suncorp Bank performance Suncorp Bank NPAT!, $m Performance since acquisition? Customer deposits, Net loans and advances, Customers, b 300 $I $b m 56 72 13 250 4.2 62 200 150 100 50 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 Jun 22 Mar 25 Jun 22 Mar 25 Jun 22 Mar 25 Mineat Unwinding fair
Slide 38: Balance Sheet inc Capital, Funding & Liquidity
ANZ 2025 First Half Results Balance Sheet inc Capital, Funding & Liquidity XG
Slide 39: Total balance sheet composition
Total balance sheet composition Exposure at default!, $b Risk weighted assets, $b Net loans & advances, $b Customer deposits, $b 469 803 820 787 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Hl australia Retail Ml Australia Commercial [7 Institutional [ll] New Z
Slide 40: Banking - Net loans and advances
Banking! - Net loans and advances Australia Retail, $b Australia Commercial2, $b | Suncorp Bank, $b 341 322 338 64 65 oS 71 72 44 Suncorp 24 Bank acquired 31 July 2024) Mar 24 Sep24 Mar 25 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Hl Home loans I SME Banking HB Home lending I Cards, personal loans &
Slide 41: Banking - Customer deposits
Banking: - Customer deposits Australia Retail, $b Australia Commercial, $b Suncorp Bank, $b Suncorp Bank acquired 31 July 2024 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Ml Transact |) Term deposits I savings Offset Ml Transact |) Term deposits Il savings HM transact [1] Term dep
Slide 42: ANZ Group capital
ANZ Group capital ANZ Bank Group capital composition!, $b 95.8 93.7 97.4 Mar 24 Sep 24 Mar 25 HI Common Equity Tier 1 (CET1) MAT1 [7 Tier 2 4. Capital composition excludes additional RBNZ compliant capital (currently $2.9b) in ANZ New Zealand ANZ Bank Group key capital ratios (7 Mar 24 Sep 24 Mar 25
Slide 43: Capital ratios on a Basel Harmonised basis
Capital ratios on a Basel Harmonised basis Level 2 capital ratio (APRA vs Basel Harmonised)*, % 2CETH ratio- 31M Australia APRA requires cohort specific multipliers (i.e. 1.4x for Owner Residential Occupier Principal and Interest & 1.7x for all Other mortgage types) +1.00% Mortgages and other adjust
Slide 44: Regulatory capital
Regulatory capital ANZ Bank Group capital + Level 2 CET ratio of 11.8% (Level 1 (L1) CET1 ratio of 12.0%). This is above APRA’s expectation of an 11% - 11.5% operating range + Underlying RWA growth (excluding Markets) primarily driven by lending growth in Institutional, Australia Retail and New Zeal
Slide 45: Regulatory capital — risk weighted assets
Regulatory capital — risk weighted assets Risk weighted assets - Level 2, $b 192 17 os 7.2 469.0 446.6 46 451.2 ia 08 -22 “24 Sep 24 FX impacts Sep 24 Divisional lending Markets! Risk Other IRRBB Operational Capital floor Mar 25 FX adjusted ex Markets impacts credit risk adjustment Risk weighted ass
Slide 46: Regulatory capital update: APRA's AT1 changes
Regulatory capital update: APRA’s Additional Tier 1 (AT1) changes Proposed changes to simplify the capital framework * APRA released an update on AT1 in December 2024 which confirmed their intention to phase out ATi * The proposal will replace the 1.5% of ATi with 1.25% of Tier 2 and 0.25% of CETL *
Slide 47: Term wholesale funding
Term wholesale funding! ANZ has access to a diverse range of wholesale funding + 1H25 term funding issuance of ~$22b against a full year target of ~$35b * ANZ’s future term funding issuance depends on many factors including market conditions, balance sheet needs and exchange rates Term funding profi
Slide 48: Suncorp Bank term wholesale funding
Suncorp Bank term wholesale funding Suncorp Bank funding requirements are consistent with prior years ANZ Group continues to have the lowest term portfolio of peers * Suncorp Bank’s credit ratings are the same as for ANZBGL (AA-/Aa2/AA-) Term Funding Outstanding, Mar 25 Ago 176 4171 * While Suncorp
Slide 49: Tier 2 capital
Tier 2 capitalt ANZ is well placed to meet APRA and RBNZ Tier 2 requirements + APRA Level 2 Total Capital ratio is 20.4%. On a Basel Harmonised basis, Total Capital ratio is 27.9% + ANZBGL has issued ~$4.1b of Tier 2 against an expected FY25 Tier 2 requirements of ~$6-7b + Current APRA Level 2 Tier
Slide 50: Australian TLAC in a global context
Australian TLAC in a global context Australian banks’ Tier 2 relative value Australia Canada Scandinavia United Kingdom Netherlands France Singapore 175 e 160 i60 160 160 @----e----e----@ -4--------------------|-------------------432%-----------------}---------- ---450---}------------ e 4 % RWA 35 3
Slide 51: Balance sheet structure
Balance sheet structuret NSFR movement, % 03 Sep 24 Deposits & Wholesale Loans Securities FX & other? repo funding debt & secured lending NSFR composition, Mar 25 $b 737 631 /SME Capital Available Stable Funding ‘Other’ includes Sovereign and non-operational Fl Deposits OTe ONE Includes Central Bank
Slide 52: Liquidity coverage ratio (LCR) summary
Liquidity coverage ratio (LCR) summary+ $10b increase in average LCR surplus? LCR composition, Average 1H25 $74b 2H24 4H25 Offshore short-dated Financial Institution (Fl) deposits are Avg LCR 132% Avg LCR 132% er LCR Liquids® typically placed with Central Banks. 40 Whilst this has no effect on — LCR
Slide 53: Capital and replicating deposits portfolio
Capital and replicating deposits portfolio* Includes unhedged component Australia, % ORNwWAT Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar 23 23°«23:«238- 23 2424 2A 242A 2425 25 — Portfolio Eamings Rate? — 3m BBSW (Monthly Average) — 5 Year AUD Swap Rate? New Zealand, % 6 | Mar May Jul Sep No
Slide 54: Capital & liquidity prudential outlook
Capital & liquidity prudential outlook? Loss-Absorbing Capacity (LAC) APRA Additional Tier 1 Proposal Comprehensive review of APS210 (Liquidity) Recovery and Resolution planning Interest Rate Risk in the Banking Book Fundamental Review of the Trading Book (incl. Counterparty Credit Risk) RBNZ Capita
Slide 55: Asset Quality
ANZ 2025 First Half Results Asset Quality XG
Slide 56: De-risked through portfolio reshaping
De-risked through portfolio reshaping Total exposures, EAD $b 894 1,342 Other’ [Es Sovereign Financial Institution Residential Mortgages Corporate & Specialised Lending Retail (ex. Mortgages) Sep 16 Mar 25 9 eeNE Historical loss rates?, bps Sovereign ~0 Financial Institution ol Residential Mortgage
Slide 57: Long run provisions & loss rates
Long run provisions & loss rates Total credit impairment charge, $m Hl Consumer Individual Provision _ [lll Institutional Individual Provision 1,800 Hl Commercial Individual Provision Ill Collective Provision charge / (release) 1,500 1,200 900 600 300 0 -300 -600 -900 1H1i6 2Hi6 = 1H17 2H17, 1H18 ©
Slide 58: Individual and collective credit impairment
Individual and collective credit impairment Individual provision (IP) charge / (release), $m Collective provision (CP) charge / (release), $m -30 106 159 1H23 224 40 Total CP charge / (release) 163 wid 32 230 Volume/Mix “44 -28 63 210 17 1H23 2H28 iHe4 224 1H26 Change in Risk 24 30 169 98 50 HM New
Slide 59: Portfolio quality
Portfolio quality Collective provision (CP) balance, $m Performing loans coverage (Stage 1 & 2 CP exposures)? Loss coverage : 4,948 ratio! 131% 0.36% 0.39% 0.40% 113% 0.32% 4,247 : 4,032 3,853 Peer 3 Peer 1 Peer 2 Non-performing loans (Stage 3 CP & IP exposures)? 1.18% 0.79% 0.86% se —_ ~ $ $10b $10
Slide 60: Collective provision (CP) balance
Collective provision (CP) balance Provision balance by stage, Mar 25 $b 20 1.90 1.85 1s | to 0.89 0.89 pT 0.0 Stage 1 Stage 2 Stage 3 Stage 3 (IP/CP) Hl Australia Retail {1 institutional MI Suncorp Bank Il Individual Provisions Hl Australia Commercial [lll] New Zealand Ill Pacific / Other [lll Colle
Slide 61: Consumer and wholesale portfolio risk trends
Consumer and wholesale portfolio risk trends pe Consumer portfoliot Control list, indexed data 90+ DPD as a % of total portfolio balances Sep 20=100 150 420 125 90 1.00 0.75 60 0.50 30 0.25 0.00 oO. Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar = Sep Mar Sep Mar Sep Mar ig
Slide 62: Total portfolio composition
Total portfolio composition % of Impaired Assets Gross Impaired to EAD? Assets? Category % of Group EAD* Exposure at Default (EAD) distribution Mar24 Sep24 Mar 25 Mar24 Sep24 Mar 25 Mar 25 Consumer Lending 414% 43.6% 41.7% 0.2% 0.2% 0.2% $1,322m Finance, Investment & Insurance 24.5% 22.3% 24.1% 0.0%
Slide 63: Commercial Property
Commercial Property Outstandings by region, GLA $b Outstandings by sector, % Commercial property collateralt.2, % | 77% of portfolio well secured 75% " % : : ~ 7S 70% : 46% | 586 608 i : 53.4 : ! ' 30% ! / : 13% : 1 10% 1 1% H — H Sep 23 Sep 24 Mar = Sep 23 Sep 24 Mar 25 ! Cash Fully Fully | Partial
Slide 64: ANZ Institutional portfolio
ANZ Institutional portfolio Size & tenor by market of EAD* Industry composition, EADt Product composition, EAD* Market of incorporation, EAD* By market of incorporation, $b Mar 25 597 5% I Finance, Investment & Insurance I Net Loans, Advances & Acceptances WB Australia I south Korea Hl Government &
Slide 65: Institutional Asia portfolio
Institutional Asia portfolio Asia portfolio composition, % of EAD* Investment grade 96% ~) China - Corporate, $b? 84 74 50 46 Sep Sep Sep Mar 20 23 24 «25 Mar 25 Mar 25 HM AAA to AA- MM A+ to BBB+ |) BBB to BBB- BB+ to BB- 4. EAD excludes amounts for the ‘Securitisation’ Basel class. Data provided i
Slide 66: Australia Retail home loans — portfolio overview
Australia Retail home loans — portfolio overview Number of Home Loan accounts? Total FUM2 Average Loan Size4 % Owner Occupied® % Investor % Equity Line of Credit® % Paying Variable Rate Loan’ % Paying Fixed Rate Loan’ % Paying Interest Only? % Broker” 969k $293b $302k 68% 31% 1% 78% 22% 9% 56% $314b
Slide 67: Australia Retail home loans - portfolio resilience
Australia Retail home loans - portfolio resilience Home Loans repayment profile? % of accounts ahead of repayments Home Loans on time and <i month ahead profile 2° % composition of accounts 40 20 0 Overdue On Time <i month 1-3 3-6 6-12 1-2 years >2 years Mar 23 Mar 24. Mar 25 ahead months months mon
Slide 68: Australia Retail home loans - portfolio origination and attributes
Australia Retail home loans - portfolio origination and attributes Home loans portfolio, Mar 25 Total Portfolio ($b) 333 With the stabilising rate environment, 19% of customers are now on interest rates higher than their assessed interest rate (was 23% at Sep’24) ~0.5% of the total portfolio is in t
Slide 69: Australia Retail home loans — portfolio performance
Australia Retail home loans — portfolio performance Home loans 90+ DPD (by state)+? % of portfolio segment balances 15 1.0 05 VIC &TAS NSW & ACT QLD WA SA & NT Portfolio HM Mar 22 Mi Mar 23 {Ml Mar 24 Ml Mar 25 30+ DPD at March 25 by fixed rate expiry month!.2 The chart reflects the 30+ DPD as at Ma
Slide 70: New Zealand home loans — portfolio overview
New Zealand home loans — portfolio overview 538k 552k 562k 105b 109b 113b 194k 198k 202k Number of Home Loan Accounts % Paying Interest Only 12% Total FUM (NZD) % Paying Principal & Interest 88% % Broker Originated 48% Average Loan Size (NZD) Market Share* 30.1% 30.5% 30.2% Average LVR at Originatio
Slide 71: Environmental, Social & Governance (ESG)
ANZ 2025 First Half Results Environmental, Social & Governance (“ESG”) XG
Slide 72: Our suite of ESG reports
Our suite of ESG reports 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. re IN PAN == go oO (3) . G) See our 2024 ESG Supplement for more information on our mat
Slide 73: 2025 half year performance against ESG targets
2025 half year performance against ESG targets Encourage our customers to build and maintain financial resilience with the aim of having at least 2.5 million customers? with a Over 2.5 million customers? financialbuffer of approximately 6 weeks’ expenses by end 2026. (Australia/New Zealand)? Pilot a
Slide 74: 2025 half year performance against ESG targets
2025 half year performance against ESG targets Reduce the direct impact of our business activities on the environment? by: 80% reduction, since 20157 * Reducing combinedScope 1 and 2 emissions by 85% by 2025 and 90% by 2030 (against 2015 baseline) Increased to 60%’ * Beingpoweredby the equivalent of
Slide 75: Implementing our sectoral pathways to net-zero financed emissions
Implementing our sectoral pathways to transition our lending to net-zero financed emissions? Sectoral pathways and targets backing customer decarbonisation pe This year we disclosed our progress towards transitioning our lending portfolio within eight of our higher emitting sectors (which includes t
Slide 76: Resources portfolio
Resources portfolio Resources Portfolio, EAD! $b 20.0 Sep 15 Sep16 Sepi7 Sepi8 Sep19 Sep20 Sep2i Sep22 Sep23 Sep 24 Mar 25 Hl Oil & Gas Extraction? [lll Services to Mining? Ill Metallurgical Coal Mining? Hl Wetal Ore Mining? Other Mining? I Thermal Coal Mining? Thermal Coal Mining, EAD! $b 2.0 15 1.
Slide 77: 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 preparedin good faith, climate-related statements are subj
Slide 78: Economic Update
ANZ 2025 First Half Results Economic Update XG
Slide 79: Australia & New Zealand economic forecast
Australia & New Zealand economic forecast 1 2020 2021 2022 2023 2024 2025F* 2026F1 Australia - annual % growth GDP -2.0 5.4 41 21 1.0 2.0 ford Australia - headline CPI (% year-average) 08 29 6.6 5.6 3.2 2.5 29 Australia - unemployment (% Q4 avg) 68 47 3.5 3.9 40 43 43 Australia - Wage Price Index (%
Slide 80: Global economic scorecard
Global economic scorecard! OTe ONE United States New Zealand Category Australia United Kingdom Euro Area Annual GDP growth (% y/y) 1.3% 15% 1.2% Annual CPI inflation (% y/y) 2.4% 28% 24% Policy rate (cash rate) 4.10% 4.25% 2.25% 2yr swap rate (spread to cash) -0.84% -0.89% 10yr bond yield 4.24% 446%
Slide 81: ANZ economic forecasts — global comparison
ANZ economic forecasts — global comparison 4 2. 2022 2023 2024 2025F1 2026F1 GDP (% year-average change) Australia 4.4 24 1.0 2.0 24 New Zealand 2.9 is -0.5 1.0 26 United States 25 29 28 is 19 Euro area 3.5 0.4 0.9 12 15 CPI (% year-average change) Australia 6.6 5.6 3.2 25 29 New Zealand 7.2 5.8 29
Slide 82: Australia & New Zealand housing
Australia & New Zealand housing ANZ Research Australia housing price growth forecasts, % y/y Australia? HM 2022 M2023 |) 2024 [Ml 2025 (forecast) Ml 2026 (forecast) 1. Australian capital cities. Sydney Melbourne Brisbane Source: CoreLogic (Australia), ANZ Research (forecasts), New Zealand (REINZ) Ho
Slide 83: RBA cash rate to reach 3.35% by August
RBA cash rate to reach 3.35% by August US trade uncertainty is at an alttime high, and the key risks to Australia are from global growth and local confidence implications. 1200 1100 1000 900 800 700 600 600 Trade uncertainty index 60 65 70 76 80 8 90 9 00 OS 10 15 20 26 Source: Matteo lacoviello, Ma
Slide 84: Easing inflation gives RBA confidence to cut but labour market remains tight
Slide 85: Direct trade impact from the U.S. is limited
Slide 86: Weaker fiscal position, but less leveraged businesses
Slide 87: Key contacts
ANZ Group Holdings — Debt Investor Presentation (May 2025) on 6ix