Bank Of Queensland Limited · ASX:BOQ
Bank Of Queensland — Macquarie Australia Investor Conference 2022
13 slides from Bank Of Queensland's conference presentation, May 5, 2022
Slide 1: Macquarie Australia Investor Conference announcement
For personal use only MACQUARIE AUSTRALIA INVESTOR CONFERENCE Thursday, 5 May 2022, Sydney: Bank of Queensland Limited's (BOQ) Managing Director & CEO will be delivering the attached presentation at the Macquarie Australia Conference on 5 May 2022. ENDS Authorised for release by: The Disclosure Comm
Slide 2: Macquarie Investor Conference - Bank of Queensland Limited
GROUP ~ MACQUARIE INVESTOR - CONFERENCE BANK OF QUEENSLAND LIMITED
Slide 3: Disclaimer
DISCLAIMER Important information and disclaimer. Thisis a presentation of general background information about Bank of Queensland Limited and its consolidated entities (BOQ's) activities at the date of this document. It sin summary form, does not purport to be complete and should be read in conjunct
Slide 4: Overview: Delivering the strategic transformation
OVERVIEW Delivering the strategic transformation. Ze 3. ‘lL, BOQ* GROUP A, Achieving profitable growth each half, by improving the business, enabling investment in transformation BANK OF QUEENSLAND LIMITED ME acquisition progressing Digital transformation ahead of schedule and creating competitive d
Slide 5: Sustainable quality growth across retail and business banking, and across brands
SUSTAINABLE QUALITY GROWTH ACROSS RETAIL BOQ AND BUSINESS BANKING, AND ACROSS BRANDS . Home lending growth (1H21 v 1H22) +$2,335m 13.8% ~1.8x system “$4 16 ‘satem ered -$483m —-~0-3xsystem -3.7% Negto system BOQ (excl. ME) ME j1H21 m1H22 Note: Comparative periods are on a pro forma bas's GROUP Busin
Slide 6: ME integration program
ME INTEGRATION PROGRAM BOQ 90 day sprints have accelerated integration and benefits. TODAY SROUE 90 DAY SPRINT1 90 DAY SPRINT 2 TRANSFORM 1JUL2021 Nov2021 31DEC 2021 Integration program transferred Acquisition ME returned to Transformation program to growth da Uta tt, LM "8 ly | 28 FEB 2022 MAY 2022
Slide 7: Driving toward integration success
DRIVING TOWARD INTEGRATION SUCCESS Typical integration risks mitigated through phased approach, disciplined execution and strong governance. BOQ* GROUP TYPICALRISK _yy_ Not consolidating systems id J Not achieving synergies, A eases ay and the business eect <~ cost and time blowouts PROGRAM ces Retu
Slide 8: Digital cloud-based retail banking platform
DIGITAL CLOUD-BASED RETAIL BANKING PLATFORM Creating competitive adavatage through agility, cost and innovation ONBOARD AND ORIGINATE SERVICE CORE BANKING ONBOARD AND ONBOARD AND: ORIGINATE ORIGINATE SERVICE CORE BANKING Independent Slow and costly to Independent, Difficult to innovate legacytechnol
Slide 9: Digital retail banking platform benefits
DIGITAL RETAIL BANKING PLATFORM BENEFITS BOQ* GROUP —_=| ooo oo oo 0 Unit cost / revenue Customer benefits Banker Benefits Risk Benefits benefit / scale (2) ~30% reduction in origination From app download to S!Z Common processes and Standardised and digitised costs, lower run costs ready to transact
Slide 10: We are transforming our culture to be successful as a digital bank that is customer obsessed
WE ARE TRANSFORMING OUR CULTURE TO BE SUCCESSFUL BOQ* ASA DIGITAL BANK THAT IS CUSTOMER OBSESSED GROUP Building seven key characteristics 4d. Personal and dynamic understanding of customer 2; Decisions that are data informed, utilising judgement and critical thinking 3 Inquisitive and challenger min
Slide 11: Cultural transformation
CULTURAL TRANSFORMATION Cultural transformation delivering improved outcomes for our people and business, but more to do to be top quartile. Engagement AUGUST 2020 59% AUGUST 2021 64% +5 Culture AUGUST 2020, 54% 64% +10 Note: The 2022 engagement and culture surveys wil launch in May 2022 BANK OF QUE
Slide 12: Summary - Delivering the strategic transformation
SUMMARY — DELIVERING THE STRATEGIC TRANSFORMATION arte Achieving sustainable, ME acquisition ahead of Digital transformation creating Highly capable leaders profitable growth and schedule and delivering real competitive advantage and people driving cultural improved returns strategic and financial b
Slide 13: Thank you & questions
GROUP - THANK YOU & QUESTIONS BANK OF QUEENSLAND LIMITED
Bank of Queensland — Macquarie Australia Investor Conference 2022 on 6ix