National Australia Bank Limited · ASX:NAB

National Australia Bank — Debt Investor Presentation (November 2020)

27 slides from National Australia Bank's debt investor presentation, Nov 16, 2020

  1. Slide 1: Investor Presentation

    For personal use only INVESTOR PRESENTATION

  2. Slide 2: Important Notice

    IMPORTANT NOTICE This document has been prepared by National Australia Bank Limited ABN 12 004 044 937 (“NAB”) in relation to its proposed offer of NAB Capital Notes 5. A prospectus in respect of the offer of NAB Capital Notes 5 was lodged with ASIC on 16 November 2020 (“Prospectus”). The Prospectus

  3. Slide 3: NAB at a Glance

    NAB AT A GLANCE >34,000 ~9 million 859 >160 years Employees Customers Branches/Business centres in operation CASH EARNINGS DIVISIONAL SPLIT! Key Financial Data FY20 Corporate & Cash Earnings $3,710m Institutional cee ii lew Zealani Banking 31% etitem ae Cash Earnings* $4,733m Cash ROE? 8.3% poe Comp

  4. Slide 4: CET1 Ratio

    For personal use only CET1 Ratio (%) 1.80 1.56 • 1.43 1.15 1.18 1.21 0.94 0.96 0.93 • 0.72 0.54 0.56 • • Mar 19 Sep 19 Mar 20 Sep 20 •

  5. Slide 5: For personal use only

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  7. Slide 7: Key Dates

    KEY DATES! EE Record Date for Securityholder Offer and Reinvestment Offer (7.00pm Melbourne time) 11 November 2020 Announcement of the Offer and lodgement of Prospectus with ASIC 16 November 2020 Bookbuild 16-23 November 2020 Announcement of Margin 23 November 2020 Opening Date for the Offer and lod

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  10. Slide 10: NCN5 impacted?

    For personal use only NCN5 impacted?

  11. Slide 11: For personal use only

    ▪ For personal use only ▪ ▪ ▪ $100 ▪ 𝑀𝐶𝑁 = 𝐼𝑠𝑠𝑢𝑒 𝐷𝑎𝑡𝑒 𝑉𝑊𝐴𝑃 ×0.5 ▪ ▪ ➢ ➢ • • • ▪ ▪ ▪

  12. Slide 12: For personal use only

    For personal use only • ▪ ▪ • ▪ • ▪ ▪ ▪ • ➢ ▪ ➢ $100 𝑀𝐶𝑁 = 𝐼𝑠𝑠𝑢𝑒 𝐷𝑎𝑡𝑒 𝑉𝑊𝐴𝑃 × 0.2 ▪ • ▪ ▪ • ▪

  13. Slide 13: Buffers and Pre-emptive Actions to Protect NCN5 Holders

    BUFFERS AND PRE-EMPTIVE ACTIONS TO PROTECT NCNS HOLDERS n and earnings The Capital Conservation Buffer (CCB) restricts the ability to distribute earnings provide 5 holders (including payment of dividends, discretionary bonuses and Additional Tier 1 Capital «Indicative Buffers above Common distributi

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  15. Slide 15: For personal use only

    NAB Subordinate: NAB Capital Notes 2, NAB Capital Notes 3, Capital classification None Tier 2 Capital Additional Tier 1 Capital” Additional Tier 1 Capital Common Equity Tier 1 Capital Protection under the Financial Claims Scheme ve iS iS ue iS Term Often 1 month -5 years 11.5 years Perpetual Perpetu

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    For personal use only

  18. Slide 18: Performance Summary

    PERFORMANCE SUMMARY nancial Results FY: FY16 FY17 FY18 FY19 FY20 | {Cash earnings ($m? 6,222 6,483 6,642 6,493 6,545° 4,733° | NIM 1.90% 1.88% 1.85% 1.85% 1.78% 1.77% Cash ROE 14.8% 14.3% 14.0% 13.3% 12.7% 8.3%° Balance Sheet Sep 15 Sep 16 Sep 17 Sep 18 Sep 19 Sep 20 CET1 ratio (APRA) 10.24% 9.77% 1

  19. Slide 19: Capital generation

    (%) For personal use only Capital generation +29bps (+27bps ex DRP) • • • • • •

  20. Slide 20: Credit impairment and provisions

    0.54% ($m) For personal use only 0.38% • 1,601 0.16% 1,161 0.14% 0.15% 661 • 449 470 807 367 406 33 27 21 59 573 347 416 443 333 • Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 Forward looking EA top-up (COVID-19) Forward looking adjustments (FLAs) Credit impairment charge (CIC) Credit impairment as a % of GLA

  21. Slide 21: Asset quality

    • For personal use only ($m) Small number of well-secured NZ dairy exposures • • • Re-gradings of performing customers 2.58% 1.11% 1.03% 1.03% 1.20% 531 0.79% 0.93% 0.97% 1.03% 0.71% Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 90+ DPD & GIAs as a % of GLAs Watch loans as a % of GLAs

  22. Slide 22: Customer support and new roles

    For personal use only New roles created • Added >1,000 550 • customer support roles roles in B&PB Increased support and flexibility • • Increased investment

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    For personal use only

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  26. Slide 26: NCN5 Key Contacts

    NCNG Key Contacts Issuer — NAB Catriona Meharry Group Treasurer Mobile: +61 (0) 436 913 161 E-mail: Catriona.Meharry@nab.com.au Tom Wirth Executive, Balance Sheet Mobile: +61 (0) 438 094 009 E-mail: Tom.C.Wirth@nab.com.au Will Nigro Head of Group Capital Mobile: +61 (0) 459 854 312 E-mail: William.P

  27. Slide 27: For personal use only

    For personal use only

National Australia Bank — Debt Investor Presentation (November 2020) on 6ix