Anz Group Holdings Limited · ASX:ANZ
Anz — H1 2026 Earnings Presentation
101 slides from Anz's earnings presentation, May 1, 2026
Slide 1: 2026 Half Year Results
2026 Half Year Results 1 May 2026 Half year ended 31 March 2026 Results Presentation & Investor Discussion Pack 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 The material in this presentation contains background information about the activities of ANZ Group Holdings Limited and its subsidiaries (the “ANZ Group”) current as at 30 April 2026. It is information given in summary form and does not purport to be complete. It is not intend
Slide 3: Contents
CONTENTS Chief Executive Officer presentation 4 Chief Financial Officer presentation 21 Investor Discussion Pack 36 Corporate overview 36 Additional financial information 47 Treasury 59 Risk management and Housing 72 Environment, Social & Governance (ESG) 96 Further information 101 3
Slide 4: 2026 Half Year Results - Chief Executive Officer
2026 Half Year Results Nuno Matos Chief Executive Officer
Slide 5: Our external operating environment
Our external operating environment GDP growth across key markets1, % Australia consumer confidence index2 4-week moving average 100 5.0 80 4.8 4.6 60 4.2 40 3.9 Jan Jul Jan Jul Jan Jul Jan 3.6 3.4 3.4 23 23 24 24 25 25 26 3.2 2.6 2.0 2.0 Australian unemployment rate3, % 1.8 1.5 5 4 3 0.2 2 Global Au
Slide 6: 1H26 overview
1H26 overview Financial performance Shareholder outcomes Balance sheet strength Return on tangible equity (ROTE)1, % Dividend per share, cents ANZBGL Group Level 2 CET1 ratio, % 11.6 83 83 83 12.39 11.0 11.78 12.03 10.0 6.6 1H25 2H25 1H26 1H25 2H25 1H26 Mar 25 Sep 25 Mar 26 Significant items impact2
Slide 7: ANZ 2030 - Two phases to our strategy
ANZ 2030 - Two phases to our strategy1 First phase – Across FY26 & FY27 Second phase – Beyond FY27 Delivering on immediate priorities to get Realise the benefits of these strong the basics right foundations › Substantial improvement in productivity › Accelerate growth › Initial investment for growth
Slide 8: Five immediate priorities
Five immediate priorities1 Embed new leadership team and continue to drive a cultural reset 1 New Executive Committee and corporate values in place Integrate Suncorp Bank faster to deliver value 2 On track to complete a safe and secure migration of Suncorp Bank customers to ANZ by June 2027 Accelera
Slide 9: Our values
1. Embed new leadership team and continue to drive a cultural reset Our values Put customers first Deliver with excellence Own the outcome Work as one By providing better outcomes By setting high standards and By taking accountability By bringing the best of for customers every day delivering on com
Slide 10: Integrate Suncorp Bank faster to deliver value
2. Integrate Suncorp Bank faster to deliver value1 Integration activity since resetting the program as announced at ANZ strategy update in Oct 25, %2 Complete a safe and secure migration of Suncorp Bank to ANZ by June 2027 34% Complete Expectation to Sep 26 Remaining 57% 1. This page contains forwar
Slide 11: Accelerate the delivery of the single customer front-end
3. Accelerate the delivery of the single customer front-end1 Execution progress since resetting the program as announced at ANZ strategy update in Oct 25, %2 Deliver the single 13% customer front-end to our 8 million Retail and Small Business customers by September 2027 Complete Expectation to Sep 2
Slide 12: Reduce duplication and simplify the organisation
4. Reduce duplication and simplify the organisation1 Progress of estimated gross cost savings in FY26, Oct 25 to Mar 26, % Estimated gross cost savings of $800 million2 in FY26 announced at ~$800m2 strategy day in October 2025 Realised Remaining 49% 1. This page contains forward looking statements.
Slide 13: Enhance non-financial risk management to improve resilience
5. Enhance non-financial risk management to improve resilience1 Non-financial risk management progress On track to deliver Design • Released the second report by our Root Cause Promontory2 Remediation Plan, • Through the set-up phase of the approved by APRA Implement PACT3 program in September 2025
Slide 14: 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 Broader strategic Initiatives • Improve customer service • Simplify organisational structure • Strong in capital and liquidity • Consiste
Slide 15: Customer first - Australia Retail
Customer first Australia Retail Customers Save and transact deposits, $b Home loan lending, $b 6.50m 100 +1% 101 344 +1% 348 MFI share1 22 22 11.6% -0.1% vs Sep 25 79 79 NPS2 +2.9 +1.2 pts vs Sep 25 Sep 25 Savings Transactional Mar 26 Proprietary Sep 25 31% 33% Mar 26 31% 32% origination3 Customer,
Slide 16: Customer first - Business & Private Bank
Customer first Business & Private Bank Customers Save and transact deposits, $b Business lending, $b 580k 85 +2% 87 67 +2% 68 MFI share1 24 24 16.4% flat vs Sep 25 61 63 NPS2 -4.2 -2.4 pts vs Sep 25 Sep 25 Savings Transactional Mar 26 Sep 25 Business & Private Bank loans Mar 26 Customer, MFI share &
Slide 17: Customer first - Suncorp Bank
Customer first Suncorp Bank Customers Save and transact deposits, $b Home loan & Business lending, $b 1.26m 34 -2% 34 73 +1% 74 13 12 Retail MFI share1 14 14 2.3% -0.2% vs Sep 25 60 62 20 20 Retail NPS2 +17.8 +1.3pts vs Sep 25 Sep 25 Savings Transactional Mar 26 Sep 25 Home loans Mar 26 Business loa
Slide 18: Customer first - Institutional
Customer first Institutional #1 Operational / at-call deposits, $b Markets revenue, $m +6% +8% +4% +8% Institutional Bank 133 1,108 1,066 across Australia and 125 New Zealand for 307 347 relationship strength and quality and the 759 761 best bank for Corporate Banking in Sep 252 Mar 26 2H25 1H26 Asi
Slide 19: Customer first - New Zealand
Customer first New Zealand Customers (Personal & Business) Save and transact deposits, NZDb Home loan & Business lending, NZDb 2.69m +4% +2% 64 138 141 Personal 61 22 22 MFI share1 NPS2 33.3% +19.1 39 42 +1.3% vs Sep 25 +0.3 pts vs Sep 25 116 119 Business 22 22 MFI share1 NPS2 Sep 25 Mar 26 Sep 25 M
Slide 20: Key messages
Key messages Investing for growth in Our transformation is Already delivering line with our ANZ 2030 running at pace value for shareholders strategic initiatives 20
Slide 21: 2026 Half Year Results - Chief Financial Officer
2026 Half Year Results Farhan Faruqui Chief Financial Officer
Slide 22: 1H26 overview
1H26 overview Financial performance & key financial metrics (ANZ 2030 strategy) Cash Profit Revenue/Avg RWA2 Cost to income ratio2 Return on tangible equity2 CET1 ratio3 $m +14% % 3,780 54.6 11.6 12.39 3,568 4.77 4.88 52.2 11.0 4.73 49.4 12.03 3,328 10.0 11.78 1,109 2,219 1H25 2H25 1H26 1H25 2H25 1H
Slide 23: Cash profit – Half Year
Cash profit – Half Year $m 1H25 2H25 1H26 (1H26 vs 2H25) Statutory Profit 3,642 2,249 3,650 +62% Cash Profit 3,568 2,219 3,780 +70% On a constant Significant items included in Cash Profit1: 0 (1,109) 0 currency basis2 Cash Profit adjusting for 2H25 significant items 3,568 3,328 3,780 +14% +14% > Rev
Slide 24: Revenue – 1H26 v 2H25
Revenue – 1H26 v 2H25 $m Flat +1% 11,189 77 11,204 99 11,083 13 31 10,904 -205 2H25 2H25 excl Impact of FX Benefit from 2H25 excl Net interest Other operating Markets 1H26 significant items translation FX hedges significant items income1 income1 income on a constant currency basis % Reported, exclud
Slide 25: Net interest margin (NIM)
Net interest margin (NIM) bps Group NIM -1bp Excluding impact of Markets activities +2bps 1 156 2 154 2 153 0 0 -3 -3 Timing impact of rate changes Impact of lower Primarily Largely higher policy rates favourable reinvestment Competition in offset by pricing deposit growth rates Australia, primarily
Slide 26: Balance Sheet – Customer deposits
Balance Sheet – Customer deposits Customer deposits by division1, $b Customer deposits by type1, $b 633 644 +2% +3% 62 65 +4% 5 1 644 5 170 167 -2% -3 0 3 633 +9 180 constant +3 179 +1% currency In NZD basis 222 232 +4% Sep 25 Australia Business & Institutional New Suncorp Pacific Mar 26 Sep 25 Mar
Slide 27: Balance Sheet – Lending
Balance Sheet – Lending Net loans and advances (NLA) by division1, $b NLA by Geography1, $b 782 788 +1% +2% 64 68 +7% +12% 138 134 (160 NZD) -4% +2% 3 (158 NZD) NZD 5 1 1 788 782 -4 +6 constant +3 580 586 1% currency In NZD basis Sep 25 Australia Business & Institutional New Suncorp Mar 26 Sep 25 Ma
Slide 28: Markets revenue
Markets revenue Total Markets revenue composition, $m Markets revenue by Geography, $m +3% +7% +4% +8% 1,108 1,073 1,066 1,108 1,073 1,066 323 307 347 627 624 653 55 55 80 114 102 80 211 226 224 117 138 145 370 376 377 329 304 310 1H25 2H25 1H26 1H25 2H25 1H26 Foreign Exchange Credit & Capital Marke
Slide 29: Operating expenses
Operating expenses1 Updated guidance - FY26 expectation $m We expect costs to be down ~5% in FY26 off our FY25 cost base adjusted for significant items of $11.85b3 -9% 7,138 -8% 6,107 6,000 122 -107 -157 -10 5,534 -421 Includes Prioritised Suncorp Salary & wage investment and Synergies and third-par
Slide 30: Portfolio credit quality
Portfolio credit quality Individual provision charge and loss rate Consumer portfolio 90+ DPD2, % Non-performing exposures3, % Loss rate1, bps 1 3 4 4 4 1.0 0.55 0.57 0.55 Charge, $m 0.83 0.50 0.8 0.80 0.44 159 168 106 148 38 0.6 264 301 295 249 201 0.48 0.4 -142 -127 -101 -163 -158 0.2 1H24 2H24 1H
Slide 31: Provisioning
Provisioning Collective provision (CP) coverage ratio1, % CP loss coverage2, # of years 1.16 1.18 1.13 1.18 1.22 CP balance, $m 4,379 4,453 13.4 4,247 4,280 4,046 372 359 • CP charge of $126m in 1H26 • 2.5% increase to severe downside scenario (from downside scenario) 2,010 2,094 8.5 • Scenario weig
Slide 32: Capital
Capital ANZBGL APRA Level 2 Common Equity Tier 1 (CET1) ratio – 1H26 Movement, % Level 1 Level 1 12.41 12.92 0.22 0.81 -0.33 0.02 12.39 12.03 -0.19 -0.17 Sep 25 Cash Profit Reinvestment of Net Dividend1 Underlying RWA Capital deductions, Capital floor Mar 26 ANZBGL Group surplus capital to (excl IRR
Slide 33: 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 $875 million to be delivered in FY26 Estimated Suncorp Ban
Slide 34: Tracking our progress - Customer first
Tracking our progress Customer first Key performance indicators Australia Business & Suncorp New Zealand New Zealand Institutional Retail Private Bank Bank Retail Business MFI share1 MFI share3 Retail MFI share5 MFI share7 MFI share7 11.6% 16.4% 2.3% 33.3% 31.6% #1 -0.1% vs Sep 25 Flat vs Sep 25 -0.
Slide 35: Tracking our progress
Tracking our progress1 Key performance indicators Simplicity Resilience Delivering value Cost to income ratio (CTI)2 Common Equity Tier 1 (CET1) Ratio Return on Tangible Equity (ROTE)2 49.4% 12.39% 11.6% -519bps vs 2H25 +36bps vs Sep 25 +161bps vs 2H25 Estimated gross cost Suncorp Bank cost NFR reme
Slide 36: Investor Discussion Pack - Corporate overview
2026 Half Year Results Investor Discussion Pack Corporate overview
Slide 37: 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, Business & Priv
Slide 38: 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 39: Customer first - Australia Retail
Customer first Australia Retail1 Differentiated Strengthen proprietary Elevate channel propositions for origination experiences customer segments Invest and train mortgage sales force Single customer front-end Mass affluent segment Increase lenders in branches, up to Invest in bankers’ tools 50% mor
Slide 40: Customer first - Business & Private Bank
Customer first Business & Private Bank1 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 market segment Better tools and systems Improv
Slide 41: 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 42: 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 43: Simplicity
Simplicity Automation & External spend Artificial Intelligence Significant optimisation opportunities, a formal program, four areas Organisational Investment change portfolio review 43
Slide 44: 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 12 banks globally in the AA band by all three rating agencies1 83
Slide 45: 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 Mar 26, $m Status at Mar 26, $m Synergies to date Spend t
Slide 46: 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 7% deliver on our stra
Slide 47: Investor Discussion Pack - Additional financial information
2026 Half Year Results Investor Discussion Pack Additional financial information
Slide 48: Revenue & expenses
Revenue & expenses Total revenue, $b Revenue composition, % 11.2 10.5 11.0 10.9 1.1 1.1 1.1 1.0 1.3 1.3 1.1 0.9 8.2 8.8 8.9 8.8 16% 27% 2H24 1H25 2H25 1H26 NII ex Markets OOI ex Markets Markets 1H26 $11,204m Total expenses, $b 4% 7.1 5.7 0.7 5.5 5.5 0.1 1.4 30% 0.1 0.9 0.9 7% 1.0 1.1 1.2 1.0 1.0 0.4
Slide 49: Total investment spend
Total investment spend Investment Spend by Category, $m 1H25 2H25 1H26 921 Investment spend expensed 80% 84% 80% 770 420 680 Investment spend expensed, $m 612 777 546 373 319 Capitalised Software balance, $m 1,001 998 1,018 150 155 106 Amortisation expense, $m 148 200 137 309 213 220 Avg amortisatio
Slide 50: Total balance sheet composition
Total balance sheet composition Exposure at default1, $b Risk weighted assets, $b Net loans & advances, $b Customer deposits, $b 1,342 1,303 1,304 469 459 464 820 829 822 757 771 748 4% 2% 6% 3% 3% 5% 9% 9% 9% 7% 7% 7% 7% 8% 8% 7% 7% 8% 11% 10% 14% 13% 11% 13% 15% 15% 15% 14% 13% 14% 26% 26% 25% 39%
Slide 51: Net loans and advances
Net loans and advances Australia Retail, $b Business & Private Bank1, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 349 354 68 217 216 341 66 67 74 143 205 5 5 5 5 72 73 136 140 4 4 41 48 13 12 24 25 34 13 24 2 2 21 2 14 21 37 38 38 336 344 348 59 60 62 111 114 116 155 154 150 25 25 25 Mar
Slide 52: Customer deposits
Customer deposits Australia Retail, $b Business & Private Bank, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 189 124 56 56 56 119 293 299 183 187 119 119 116 282 113 1 1 7 7 7 1 53 55 57 34 37 35 55 127 16 15 15 52 55 135 115 37 31 31 41 38 60 61 63 22 41 19 20 20 22 22 73 79 79 125 133 4
Slide 53: Risk adjusted revenue
Risk adjusted revenue Total Group Australia Retail Business & Private Suncorp Bank New Zealand Institutional Bank Revenue / Avg total risk weighted assets (RWA), % 4.77 4.61 4.88 7.59 7.41 7.42 5.94 5.99 5.81 4.83 4.96 4.95 5.12 5.00 4.54 3.84 3.74 3.81 1H25 2H25 1H26 1H25 2H25 1H26 1H25 2H25 1H26 1
Slide 54: Institutional performance summary
Institutional performance summary Customer franchise revenue1, $b Core lending2, $b Risk intensity (ex. Markets) -0.1b impact from stronger AUD 3.0 3.1 3.1 3.0 2.41% 52% 2.28% 2.22% 2.25% 2.4 1.52% 41% 41% 41% 40% 1.6 1.7 1.6 1.6 1.32% 1.51% 1.44% 1.42% 1.39% 1.3 282 235 260 264 264 1.4 1.4 1.5 1.4
Slide 55: Institutional margins
Institutional margins NIM1 drivers (ex. Markets), bps Risk adjusted NIM4 (ex. Markets) – by geography, bps Institutional Australia & PNG 216 2 216 -3 352 366 370 362 372 363 356 347 332 345 342 337 4 -3 2H25 Funding Deposit mix & Lower Lending 1H26 2H23 1H24 2H24 1H25 2H25 1H26 2H23 1H24 2H24 1H25 2
Slide 56: Institutional Markets
Institutional Markets Total Markets income, $m Customer Franchise income1, $m First half 869 757 118 750 761 1,212 55 80 80 125 1,149 59 112 114 80 1,108 36 1,073 14 158 232 211 224 22 284 356 333 407 301 394 370 377 1H23 1H24 1H25 1H26 Second half 759 670 681 55 869 35 45 102 757 750 761 76 120 189
Slide 57: Institutional payments and cash management
Institutional payments and cash management PCM revenue1,2, $m Balance by rate sensitivity, $b Zero low-rate deposits (excluding term deposits) (by currency) 901 900 870 864 133 198 200 197 190 652 203 Customer rate changes are 703 700 673 674 449 largely in-line with cash rate Low-rate deposits 2H19
Slide 58: 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 113.4 116.1 118.9 15.2 14.7 15.2 15.3 111.1 7.1 6.6 6.7 6.8 Sep 24 Mar 25 Sep 25 Mar 26 Sep 24 Mar 25 Sep 25 Mar 26 Sep 24 Mar 25 Sep 25 Mar 26 Owner occupied Residential invest
Slide 59: Investor Discussion Pack - Group Treasury
2026 Half Year Results Investor Discussion Pack Group Treasury
Slide 60: ANZ Group capital
ANZ Group capital ANZ Group capital composition1, $b ANZ Bank Group key capital ratios (%) Mar 25 Sep 25 Mar 26 97.1 97.8 98.9 Level 2 CET1 capital ratio 11.8 12.0 12.4 Level 2 CET1 HoH mvmt -42 bps +25 bps +36 bps Additional Tier 1 capital ratio 1.6 1.6 1.6 32.8 33.8 33.7 Tier 1 capital ratio 13.4
Slide 61: 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 – 31 March 2026 12.4% Australia APRA requires cohort specific multipliers (i.e. 1.4x for Owner Residential Occupier Principal and Interest & 1.7x for all Other mortgage types) +1.0
Slide 62: Regulatory capital
Regulatory capital ANZ Bank Group capital • Level 2 CET1 ratio of 12.39% (Level 1 CET1 ratio of 12.92%), an increase of 36bps from September 2025 driven by: • Reinvestment of surplus capital to ANZBGL as a result of ceasing the remaining ~$0.8 billion of the share buy-back, and returning surplus cap
Slide 63: Regulatory capital – risk weighted assets
Regulatory capital – risk weighted assets Risk weighted assets – Level 2, $b 9.7 9.0 464.0 458.5 0.2 0.9 451.9 -0.9 -3.6 -3.2 -6.6 Sep 25 FX impacts Sep 25 Divisional lending Risk Other Traded Operational IRRBB Capital floor Mar 26 FX adjusted impacts credit Market Risk Risk Overlay adjustment Risk
Slide 64: Balance sheet structure
Balance sheet structure1 NSFR movement, % Balance sheet composition, Mar 26 Offshore Short Term W’sale Debt 5% 3.1 0.1 Domestic Short Term W’sale Debt 5% 115 115 Wholesale Deposits, -2.1 Liquid and Other Assets -0.7 Repo and Other5 34% 14% Corporate, PSE and FI Lending 7% Operational Deposits 24% Se
Slide 65: Liquidity coverage ratio (LCR) summary
Liquidity coverage ratio (LCR) summary1 $4b decrease in average LCR surplus2 LCR composition, Average 1H26 $75b 2H25 1H26 309 Offshore short-dated Financial Avg LCR 133% Avg LCR 132% Institution (FI) deposits are Other LCR Liquids5 typically placed with Central Banks. Whilst this has no effect on 23
Slide 66: Term wholesale funding
Term wholesale funding1 ANZ has access to a diverse range of wholesale funding Portfolio composition5 • Term funding issuance in 1H26 of $16b against a full year target of ~$30-35b across ANZBGL (~$20-25b), Product ANZNZ (~$4b) and Suncorp Bank (~$3-4b) • ANZ’s future term funding issuance depends o
Slide 67: Tier 2 and AT1 portfolio
Tier 2 and AT1 portfolio1 ANZ is well placed to meet Tier 2 requirements Tier 2 capital, Notional amount % • ANZ has a diversified approach to sourcing Tier 2 funding and issued in GBP and AUD in 1H26 Callable 2% AUD • ANZBGL has issued ~$2b of Tier 2 in 1H26 against an expected FY26 Tier 2 requirem
Slide 68: Regulatory Updates
Regulatory Updates APRA Update • On 16 March 2026, APRA outlined a package of reforms across 3 key areas : 1. Liquidity : APRA will review APS210. This includes addressing risks not covered by current LCR requirements including intraday liquidity risk and cliff risk. It is also proposing to broaden
Slide 69: Capital and replicating deposits portfolio
Capital and replicating deposits portfolio1 Includes unhedged component Australia, % Portfolio earnings rate, Average % 5 Australia New Zealand 4 1H23 1.90% 1.93% 3 2H23 2.16% 2.43% 2 1H24 2.35% 3.06% 1 2H24 2.54% 3.57% 1H25 2.78% 3.78% 0 Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 Jul 23 Jan 24 Jul 24 Jan 2
Slide 70: Foreign Currency Earnings Hedges
Foreign Currency Earnings Hedges1 Hedging Strategy Earnings Related Hedge P&L (pre-tax) ($m) • Where appropriate, the Group takes out economic hedges against foreign currency USD NZD 69 denominated revenue streams (primarily NZD and USD) • These hedges protect the Group’s reported earnings and capit
Slide 71: Capital & liquidity prudential outlook
Capital & liquidity prudential outlook1,2 2026 2027 2028 onwards Implementation Date APRA Additional Tier 1 Implementation 2027 Consultation/ APRA Credit Risk (Standardised) Capital TBC Implementation (TBC) Comprehensive review of APS210 (Liquidity) Consultation Implementation 2028 onwards Recovery
Slide 72: Investor Discussion Pack - Risk Management & Housing
2026 Half Year Results Investor Discussion Pack Risk Management & Housing Risk Management metrics include Suncorp Bank from Sep 24 onwards
Slide 73: 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 1H24 2H24 1H25 2H25 1H26 148 38 269 215 Total CP charge / (release) 32 230 -14 128 126 164 224 205 37 40 32 80 44 Volume/Mix 63 210 17 -13 38 -163
Slide 74: Collective provision (CP) balance
Collective provision (CP) balance Provision balance by stage, Mar 26 $b Portfolio composition and coverage, Mar 26 % 2.5 CP 2.15 coverage 0.53% 1.22% 0.34% 0.48% 2.0 1.65 $826b $366b $1,304b $922b 1.5 100% 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 75: Expected credit loss – Economic scenarios and modelled outcomes
Expected credit loss – Economic scenarios and modelled outcomes Mar 26, $m Average weightings to scenarios to determine Economic scenarios Actual Base case 1 CP balance 31 March 2026 CY2024A CY2025A CY2026F CY2027F 1% 46% 38% 15% Australia GDP change2 1.0% 1.9% 2.0% 2.0% Unemployment rate3 4.0% 4.2%
Slide 76: 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 Mar 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H242 1H252 2H252 1H262 91 95
Slide 77: Long run loss rate based on current book mix ~11bps
Long run loss rate based on current book mix ~11bps Total exposures, EAD % Average Group observed loss rates (IPC/GLA), bps 38 Post Basel II (2008 – 2026) loss rate adjusted for current book mix 11bps 2% 1% 2% Other 24 16 14% Sovereigns 11 20% 9% Banks & FI 1991 - 2025 2001 - 2025 2011 - 2025 2016 -
Slide 78: Portfolio quality
Portfolio quality Probability of default distribution, wholesale IRB EAD1 1H26, $b Probability of default distribution, retail IRB EAD2 1H26, $b Investment grade 83% 200 200 150 150 100 100 50 50 1% 0.23% 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 79: Non-performing exposures
Non-performing exposures Non-performing exposures, Non-performing Non-performing New non-performing $m Well secured exposures, $m Not well secured exposures, $m Not well secured exposures, $m By level of security By division By division By division 8,334 8,442 8,287 7,110 7,194 7,046 1,224 1,248 1,2
Slide 80: 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 Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar
Slide 81: 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, $b 1,342 1,303 1,304 447 469 459 464 1,260 432 1,151 20 22 23 21 5 12 3 3 369.6 9.3 43 3 50 51 54 55 1.0 366.4 15 422 382 28 32 40 374 390 38 31 -3.6 354 -6
Slide 82: Total portfolio composition
Total portfolio composition Non-performing 1 % of Non-performing not well Category % of Group EAD not well secured Exposure at Default (EAD) distribution secured to EAD1 ($M) Mar 25 Sep 25 Mar 26 Mar 25 Sep 25 Mar 26 Mar 26 Consumer Lending 41.7% 43.5% 43.8% 0.1% 0.1% 0.1% 356 4.0% Finance, Investme
Slide 83: Commercial Property
Commercial Property Outstandings by region, GLA1 $b Outstandings by sector, GLA1 % Commercial property collateral1,2, % 80% of portfolio well secured 7.4% 7.5% 7.5% 50% 62.8 62.1 7% 60.8 8% 8% 1.8 1.7 2.2 9.3 8.4 9.1 20% 24% 25% 29% 27% 25% 23% 49.5 51.7 52.0 22% 22% 23% 11% 9% 23% 22% 21% 1% Mar 26
Slide 84: ANZ Institutional portfolio
ANZ Institutional portfolio Size & tenor by market of EAD1 Industry composition, % of EAD1 Product composition, % of EAD1 Market of incorporation, % of EAD1 By market of incorporation, $b Mar 26 4% 2% 12% 3% 9% 1% 582 3% 3% 2% 32% 5% 2% 3% 3% 37% 44% 13% 7% 1% 7% 52% 8% 9% 26% 15% 13% 301 19% 17% 35
Slide 85: Institutional Asia portfolio
Institutional Asia portfolio Asia portfolio composition, % of EAD1 Asia industry composition, % of EAD1 Asia product composition, % of EAD1 Asia China Asia Asia $127b 2% 8% 2% 1% 7% 5% 4% 4% 1% 5% 2% 28% 15% 1% 5% 1% 21% 11% 1% 10% 68% 73% 15% 27% 54% Investment China grade 98% $16b Finance, Investm
Slide 86: Our Resources exposures
Our Resources exposures Resources Portfolio, EAD1 $b 17.0 16.2 0.5 1.2 15.3 0.8 14.6 0.7 0.9 0.4 0.2 1.1 0.7 1.2 0.5 0.9 1.0 1.7 1.2 1.0 11.1 10.6 10.7 5.4 0.5 0.2 0.1 0.1 0.6 0.5 0.4 4.0 4.4 4.9 0.6 0.6 1.3 1.6 1.5 4.5 4.4 4.7 7.8 7.4 8.2 7.0 4.0 3.6 3.3 Sep 16 Sep 18 Sep 20 Sep 22 Sep 24 Sep 25 Ma
Slide 87: Impaired assets
Impaired assets Gross Impaired Assets, Non-performing not well secured, $m $m From 2H26, ANZ will cease external disclosure of Gross Impaired By category Assets. The term ‘impaired’, previously defined by regulatory standards, has been replaced by non-performing, which has a 2,672 2,538 broader defi
Slide 88: Impaired assets
Impaired assets From 2H26, ANZ will cease external disclosure of Gross Impaired Assets, replacing this with disclosure of non-performing exposures 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 divi
Slide 89: Australia home loans – portfolio overview
Australia home loans – portfolio overview excluding Suncorp Bank Portfolio1 Flow Portfolio1 Mar 24 Mar 25 Mar 26 1H25 1H26 Mar 24 Mar 25 Mar 26 Home Loan accounts2 950k 940k 923k 86k 84k Average LVR at Origination9,10 66% 66% 65% Total FUM $314b $333b $346b $42b $44b Average Dynamic LVR (excl. offse
Slide 90: 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 341 346 333 2 324 2 314 2 33 26 3 28 30 333 -2 -67 346 3 27 3 3 56 25 3 4 3 76 77 79 71 74 Mar 25 New Sales Net OFI Refi. Redraw & Repay Mar 26 excl. Refi-I
Slide 91: 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% 32% 10% 10% 10% 15% 16% 17% 33% 33% 32% 68% 68% 67% 36% 35% 34% Mar 24 Mar 25 Mar 26 Mar 24 Mar 25 Mar 26 Owne
Slide 92: 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 16% 16% 14% 1% 1% 0% 38% 42% 40% 83% 83% 86% 58% 60% 62% Mar 24 Mar 25 Mar 26 Mar 24 Mar 25 Mar 26 >80% LVR 80% LVR <80
Slide 93: 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 37% 39% 41% 20 15% 4% 13% 16% 9% 3% 39% 44% 40% 0 Overdue On Time <1 month 1-3 3-6 6-12
Slide 94: 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 1.1 2.5 2.0 1.0 1.5 0.9 1.0 0.5 0.8 0.0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar 0.7 19
Slide 95: New Zealand home loans – portfolio overview
New Zealand home loans – portfolio overview excluding Suncorp Bank Portfolio Flow Portfolio Flow Mar 24 Mar 25 Mar 26 1H25 1H26 Mar 24 Mar 25 Mar 26 1H25 1H26 Number of Home Loan Accounts 552k 562k 582k 30k 33k % Paying Interest Only 11% 10% 10% 17% 20% Total FUM (NZD) 109b 113b 119b 12b 15b % Payin
Slide 96: Environmental, Social and Governance (ESG)
2026 Half Year Results Environmental, Social and Governance (ESG)
Slide 97: Our ESG targets
Our ESG targets1 Targets with half-year updates Performance as at 31 March 2026 $10 billion Fund and facilitate at least $10 billion of investment by end 2030, We have funded and facilitated $8.33 billion towards the target since it social housing2 including $750 million in 2026, to deliver homes to
Slide 98: Our ESG approach and related disclosures
Our ESG approach and related disclosures 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. Our ESG approach is focused on responding to s
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 34 1. Source: Roy Morgan Single Source, Aged 14+, 12 months to March 2026. 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 sca
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