Anz Group Holdings Limited · ASX:ANZ
Anz — Australia and New Zealand Banking Group — Shareholder Meeting (2022)
6 slides from Anz's shareholder meeting presentation, 2022
Slide 1: Scheme Meeting
ani SCHEME Na” © MEETING
Slide 2: Overview of the Restructure
OVERVIEW OF THE RESTRUCTURE OUR CORE BUSINESS IS BANKING AND THAT WON’T CHANGE Your Board is recommending a vote in favour of the Scheme to implement the proposed restructure Why are we proposing this? Our customers expect us to continue to develop better and more tailored banking products and servi
Slide 3: The Restructure Process
THE RESTRUCTURE PROCESS Approvals already received The restructure has been approved by the Australian Banking regulator APRA, the New Zealand regulator RBNZ and the Australian Federal Treasurer Approvals still required ANZ shareholders Federal Court of Australia What happens next? If approved and i
Slide 4: Potential Benefits & Disadvantages
POTENTIAL BENEFITS & DISADVANTAGES Benefits of the restructure Transparency • Separation of the banking and non-banking businesses creates additional transparency and clarity for employees, customers, regulators and investors Flexibility • Positions the ANZ Group to have more strategic and operation
Slide 5: Key Dates if Scheme Is Approved by Shareholders
KEY DATES IF SCHEME IS APPROVED BY SHAREHOLDERS EVENT DATE Second court hearing 19 December 2022 • Court hearing to seek approval of the scheme Effective date 20 December 2022 • ANZ shares suspended from trading on the ASX at close of trading • ANZ regulatory capital securities (including ANZ’s hybr
Slide 6: Scheme Resolution
SCHEME RESOLUTION = “That, pursuant to and in accordance with section 411 of the Corporations Act 2001 (Cth), the scheme of arrangement proposed between Australia and New Zealand Banking Group Limited and the holders of its fully paid ordinary shares as contained in and more precisely described in t
Australia and New Zealand Banking Group — Shareholder Meeting (2022) on 6ix