Anz Group Holdings Limited · ASX:ANZ
Anz — Debt Investor Presentation (November 2025)
79 slides from Anz's debt investor presentation, November 2025
Slide 1: 2025 Full Year Results
2025 Full Year Results Full year ended 30 September 2025 Debt Investor Presentation
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 United Kingdom ("UK"): The communication of this document is not being made by, and the content of this document has not been approved by an authorised person for the purposes of section 21 of the UK’s Financial Services and Markets Act 2000 (as amended, the "FSMA"
Slide 4: Disclaimer & Important information
Disclaimer & Important information Those statements and opinions are usually predictive in character; or may be affected by inaccurate assumptions or unknown risks and uncertainties or other factors, many of which are beyond the control of or may not be known to the Bank, or the ANZ Group more broad
Slide 5: 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, commercial, ins
Slide 6: ANZ's distinctive portfolio
ANZ’s distinctive portfolio Two scale markets, two market-leading positions and a well-diversified business model Australia Business Australia Retail Institutional New Zealand and Private Bank Top 4 Top 4 #1 #1 Institutional Bank across major bank major bank Australia and New Zealand market leader f
Slide 7: Five immediate priorities
Five immediate priorities1 Embed new leadership team and continue to drive a cultural reset 1 New leadership team announced to embed the right culture to execute our strategy Integrate Suncorp Bank faster to deliver value 2 On track to complete a safe & secure migration of Suncorp Bank customers to
Slide 8: Embed new leadership team and continue to drive a cultural reset
1. Embed new leadership team and continue to drive a cultural reset A blend of local and global talent and experience Nuno Matos Pedro Rodeia Clare Morgan Mark Whelan Antonia Watson Chief Executive Officer Group Executive Australia Retail Group Executive Australia Group Executive Group Executive & C
Slide 9: Integrate Suncorp Bank faster to deliver value
2. Integrate Suncorp Bank faster to deliver value1 Suncorp Bank Path forward to Earlier and higher performing migrate cost synergies to strongly Suncorp Bank be realised Since deal announcement Safe and secure migration of Estimated full run-rate in July 2022: Suncorp Bank customers to annualised pr
Slide 10: Accelerate the delivery of the ANZ Plus digital front-end
3. Accelerate the delivery of the ANZ Plus digital front-end to our retail and small business customers1 Today By Sep 2027 Post 2027 Three technology stacks Upgrade 8 million retail Completing the re-platforming across ANZ, ANZ Plus customers in Australia to the of the middleware and and Suncorp Ban
Slide 11: Reduce duplication and simplify the organisation
4. Reduce duplication and simplify the organisation1 Estimated pre-tax annual gross cost savings Changes to better focus on priorities of around $800 million in FY26 Stop initiatives not aligned to our strategy ~40% Rest of Group Prioritise what will make the most difference to our customers Improve
Slide 12: Enhance non-financial risk management to improve resilience
5. Enhance non-financial risk management to improve resilience Significant amount of work already underway Expected three year program of work1 Settlement with ASIC in relation to matters within Markets and Australia Retail. Established an ASIC Matters Resolution Program within Australia Retail Desi
Slide 13: 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 $800 million to be delivered in FY26 Estimated Suncorp Ban
Slide 14: Financial Results
2025 Full Year Results Debt Investor Presentation Financial Results
Slide 15: FY25 overview
FY25 overview Financial performance & key financial metrics (ANZ 2030 strategy)1 Net profit after tax Revenue/Avg RWA Cost to income ratio Return on tangible equity CET1 ratio $m % 6,921 6,896 4.80 4.75 53.4 10.6 10.5 12.2 12.3 196 51.4 1,109 6,725 12.0 5,787 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25
Slide 16: Cash profit and impact of significant items
Cash profit and impact of significant items – Full Year $m FY24 FY25 FY25 vs FY24 Statutory Profit 6,535 5,891 -10% Cash Net Profit after Tax 6,725 5,787 -14% Significant items included in Cash Profit1: (196) (1,109) Cash Profit adjusting for significant items 6,921 6,896 0% > Revenue 20,809 22,184
Slide 17: Revenue & expenses
Revenue & expenses Total revenue, $b Revenue composition, % 11.0 10.4 10.5 10.9 1.0 1.1 1.1 1.2 1.1 0.9 1.2 1.3 8.0 8.2 8.8 8.9 16% 27% 1H24 2H24 1H25 2H25 NII ex Markets OOI ex Markets Markets FY25 1% $21,899m Total expenses, $b 7.1 5.7 0.7 8% 5.2 5.5 0.1 0.1 1.4 31% 0.1 1.0 0.9 0.8 1.2 0.9 1.0 1.1
Slide 18: Net interest margin (NIM)
Net interest margin (NIM) NIM ex Group NIM, bps Markets flat 158 156 156 2 -1 2 0 154 -2 0 -3 Primarily Primarily the Includes 1bp Home Loan impact of benefit from competition lower policy replicating in Australia rates deposits 1H24 2H24 1H25 Assets Deposits Wholesale Capital & Assets & Group Marke
Slide 19: Portfolio quality
Portfolio quality Individual provision charge and loss rate Consumer portfolio 90+ DPD2, % Non-performing loans, % Loss rate1, bps 1 3 4 4 1.0 0.86 0.78 0.79 Charge, $m 0.86 0.72 0.8 0.64 159 168 106 38 0.6 264 301 295 201 0.45 0.4 -163 -158 -142 -127 0.2 1H24 2H24 1H25 2H25 Mar 24 Sep 24 Mar 25 Sep
Slide 20: Total balance sheet composition
Total balance sheet composition Exposure at default1, $b Risk weighted assets, $b Net loans & advances, $b Customer deposits, $b 1,303 459 829 748 1,260 447 803 715 3% 433 5% 8% 3% 6% 9% 1,163 7% 3% 8% 9% 8% 7% 7% 707 647 6% 11% 14% 16% 15% 11% 14% 15% 15% 14% 12% 14% 17% 26% 26% 38% 43% 40% 30% 37%
Slide 21: Customer first: Australia Retail
Customer first Australia Retail Customers Save and transact deposits, $b Home loan lending, $b 6.40m +12% 100 +5% 344 90 327 MFI share1 22 21 11.7% -0.1% vs Sep 24 79 69 NPS2 +1.7 +0.5 pts vs Sep 24 Sep 24 Savings Transactional Sep 25 Proprietary Sep 24 33% 33% Sep 25 32% 32% origination Customer, M
Slide 22: Customer first: Australia Business & Private Bank
Customer first Australia Business & Private Bank (previously Australia Commercial) Customers Save and transact deposits, $b Business lending, $b 571k 82 +3% 85 65 +3% 67 MFI share1 24 24 16.4% flat vs Sep 24 58 61 NPS2 -1.8 +4 pts vs FY24 Sep 24 Savings Transactional Sep 25 Sep 24 Sep 25 Customer, M
Slide 23: Customer first: Suncorp Bank
Customer first Suncorp Bank Customers Save and transact deposits, $b Home loan & Business lending, $b 1.26m 32 +6% 34 71 +3% 73 Retail MFI share1 13 13 14 2.5% 14 +0.2% vs Sep 24 58 60 18 20 Retail NPS2 +16.5 +1.3pts vs Sep 24 Sep 24 Savings Transactional Sep 25 Sep 24 Home loans Sep 25 Business loa
Slide 24: Customer first: Institutional
Customer first Institutional #1 Operational/ at-call deposits, $b +12% Markets revenue, $m 2,184 2,139 Institutional Bank 123 110 across Australia and 634 630 New Zealand for relationship strength and quality and the 1,550 1,509 best bank for Corporate Banking in Sep 24 Sep 25 FY24 FY25 Asia1 Custom
Slide 25: Customer first: New Zealand
Customer first New Zealand Customers (Personal & Business) Save and transact deposits, NZDb Home loan & Business lending, NZDb 2.67m +5% +4% 61 138 Personal 58 133 22 MFI share1 NPS2 22 32.0% +19 37 39 +2.19% vs Sep 24 +1 pt vs Sep 24 111 116 Business 21 22 MFI share1 NPS2 Sep 24 Sep 25 Sep 24 Sep 2
Slide 26: Tracking our progress
Tracking our progress Customer first Key performance indicators Australia Australia Business Suncorp New Zealand New Zealand Institutional Retail & Private Bank Bank Retail Business MFI share 1 MFI share3 Retail MFI share5 MFI share7 MFI share7 11.7% 16.4% 2.5% 32.0% 30.2% #1 -0.1% vs Sep 24 Flat vs
Slide 27: Tracking our progress
Tracking our progress Key performance indicators Simplicity Resilience Delivering value Cost to income ratio (CTI)1 Common Equity Tier 1 (CET1) Ratio Return on Tangible Equity (ROTE)1 53.4% 12.03% 10.5% +197 bps vs Sep 24 -17bps vs Sep 24 -12bps vs Sep 24 Deliver gross cost Suncorp Bank cost NFR rem
Slide 28: Group Treasury
2025 Full Year Results Debt Investor Presentation Group Treasury
Slide 29: Net loans and advances
Net loans and advances Australia Retail, $b Australia Commercial1, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 341 349 66 67 217 216 333 64 65 73 140 206 210 322 5 5 71 72 133 134 136 6 5 41 48 13 13 24 24 45 48 13 24 24 2 2 21 2 2 14 18 18 39 40 41 42 327 336 344 317 58 59 60 107 108 11
Slide 30: Customer deposits
Customer deposits Australia Retail, $b Australia Commercial, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b 187 119 119 56 56 116 293 183 116 116 55 113 282 172 177 109 110 264 2 2 7 7 7 249 1 53 55 33 34 35 34 1 47 50 15 52 55 135 115 16 16 49 52 110 98 37 31 37 37 41 57 58 60 61 43 43 41
Slide 31: Regulatory capital
Regulatory capital ANZ Bank Group capital • Level 2 CET1 ratio of 12.0% (Level 1 CET1 ratio of 12.4%), an increase of 25bp from 1H25: • Underlying reduction in CRWA is primarily driven by a reduction in exposures in Institutional • Operational Risk overlay of $250m is effective from Apr-25 • The cap
Slide 32: ANZ Group capital
ANZ Group capital ANZ Group capital composition1, $b ANZ Bank Group key capital ratios (%) Sep 24 Mar 25 Sep 25 97.1 97.8 Level 2 CET1 capital ratio 12.2 11.8 12.0 93.7 Level 2 CET1 HoH mvmt -130 bps -42 bps +25 bps Additional Tier 1 capital ratio 1.8 1.6 1.6 29.2 32.8 33.8 Tier 1 capital ratio 14.0
Slide 33: 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 – 30 September 2025 12.0% Australia APRA requires cohort specific multipliers (i.e. 1.4x for Owner Residential Occupier Principal and Interest & 1.7x for all Other mortgage types)
Slide 34: Regulatory capital – risk weighted assets
Regulatory capital – risk weighted assets Risk weighted assets – Level 2, $b 469.0 3.7 463.9 1.4 0.1 3.1 458.5 -5.1 -3.4 -1.7 -8.6 Mar 25 FX impacts Mar 25 Divisional lending Risk Other Traded Operational IRRBB Capital floor Sep 25 FX adjusted impacts credit Market Risk Risk Overlay adjustment Risk
Slide 35: Balance sheet structure
Balance sheet structure1 NSFR movement, % Balance sheet composition, Sep 25 3.6 Offshore Short Term W’sale Debt 4% 116 0.4 115 Domestic Short Term -4.9 Wholesale Debt and -0.1 -0.5 Liquid and Other Assets Other Funding5 36% 21% Corporate, PSE and Operational Deposits Sep 24 Deposits Loans Wholesale
Slide 36: Liquidity coverage ratio (LCR) summary
Liquidity coverage ratio (LCR) summary1 $9b increase in average LCR surplus2 LCR composition, Average FY25 $77b FY24 FY25 313 Offshore short-dated Financial Institution (FI) deposits are Avg LCR 133% Avg LCR 132% Other LCR Liquids5 typically placed with Central Banks. 39 Whilst this has no effect on
Slide 37: Term wholesale funding
Term wholesale funding1 Portfolio composition4 ANZ has access to a diverse range of wholesale funding Product • FY25 term funding issuance of $37b2, ~50% of which were issued in domestic currencies • Expected FY26 term funding of ~$35b across ANZBGL (~$25b), ANZ NZ (~$5b) and Suncorp Bank (~$3-5b) 1
Slide 38: Tier 2 and AT1 portfolio
Tier 2 and AT1 portfolio1 ANZ is well placed to meet APRA and RBNZ Tier 2 requirements Tier 2 capital, Notional amount % • APRA Level 2 Total Capital ratio is 21.0%, 29.2% on a Basel Harmonised basis • ANZBGL issued ~$7.5b of Tier 2 in FY25. This included the first ever AUD benchmark 20-year bullet
Slide 39: 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 135 117 117 117 117 120 115 110 105 105 105 100 100 115 115 115 115 95 95 95 95 87 90 90 90 90 90 85 83 100 100 100 90 88 83 85 80 80 80 77 80 73 75 75
Slide 40: Capital & liquidity prudential outlook
Capital & liquidity prudential outlook1,2 2025 2026 2027 Implementation Date Loss-Absorbing Capacity (LAC) Transition 2026 APRA Additional Tier 1 Consultation Implementation 2027 Comprehensive review Consultation Implementation (TBC) 2027 (TBC) of APS210 (Liquidity) Recovery and Resolution planning
Slide 41: RBNZ Capital Review
RBNZ Capital Review Key proposals Capital stack options, capital ratio % 21.00 RBNZ is conducting a review of key capital settings for New 18.25 18.00 Zealand banks with outcomes to be finalised in December 2025. 2.00 17.00 6.00 The review currently proposes: 3.00 4.50 2.50 3.00 3.25 • lower and inc
Slide 42: Capital and replicating deposits portfolio
Capital and replicating deposits portfolio1 Includes unhedged component Australia, % Portfolio earnings rate, Average % Australia New Zealand 5 1H23 1.90% 1.93% 4 3 2H23 2.16% 2.43% 2 1H24 2.35% 3.06% 1 2H24 2.54% 3.57% 0 1H25 2.78% 3.78% Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 Jul 23 Jan 24 Jul 24 Jan 2
Slide 43: Risk Management & Housing
2025 Full Year Results Debt Investor Presentation Risk Management & Housing Risk Management metrics include Suncorp Bank from Sep 24 onwards
Slide 44: 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 38 1H24 2H24 1H25 2H25 269 215 164 224 Total CP charge / (release) 32 230 -14 128 37 40 32 80 -127 Volume/Mix 63 210 17 -13 -163 -158 -142 Change
Slide 45: Collective provision (CP) balance
Collective provision (CP) balance Provision balance by stage, Sep 25 $b Portfolio composition and coverage, Sep 25 % 2.5 CP 2.01 coverage 0.53% 1.18% 0.34% 0.48% 2.0 1.72 1.5 $833b $370b $1,303b $914b 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 46: Expected credit loss – Economic scenarios and modelled outcomes
Expected credit loss – Economic scenarios and modelled outcomes Sep 25, $m Average weightings to scenarios to determine Economic scenarios Actual Base case 1 CP balance 30 September 2025 CY2023A CY2024A CY2025F CY2026F CY2027F 1% 46% 40% 13% Australia GDP change2 2.0% 1.1% 1.8% 2.4% 2.4% Unemploymen
Slide 47: 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 Sep Sep Sep Sep Sep Sep Sep Sep Sep 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H
Slide 48: Long run loss rate based on current book mix
Long run loss rate based on current book mix ~11bps Total exposures, EAD $b Average Group observed loss rates (IPC/GLA), bps Post Basel II (2008 – 2025) loss rate adjusted 38 for current book mix 11bps 2% 1% 1% Other 14% 21% Sovereigns 24 16 11 9% Banks & FI 35% 1991 - 2025 2001 - 2025 2011 - 2025 2
Slide 49: Portfolio Quality
Portfolio Quality Probability of default distribution, wholesale IRB EAD1 2H25, $b Probability of default distribution, retail IRB EAD2 2H25, $b Investment grade 83% 200 200 150 150 100 100 50 50 1% 0.27% 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 50: Impaired assets
Impaired assets 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 division 21% 0.30% 5 5 5 0.27% 5 18% 0.21% 0.21% 16% 16% 4 4 4 4 3 3 3 3 2.54 2.54 2.54 2.25 2.25 2.25 2 1.69 2 1.69 2 1.69 2 1.52 1.52
Slide 51: 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 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep
Slide 52: 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 1,303 447 469 459 1,260 432 1,151 20 22 23 5 12 3 11.8 0.1 369.6 3 50 51 54 15 422 43 28 32 361.2 374 390 38 31 -2.4 -0.3 354 -0.8 529 540 548 457
Slide 53: Total portfolio composition
Total portfolio composition % of Impaired Assets Gross Impaired Category % of Group EAD1 Exposure at Default (EAD) distribution to EAD1 Assets2 Sep 24 Mar 25 Sep 25 Sep 24 Mar 25 Sep 25 Sep 25 4.0% Consumer Lending 43.6% 41.7% 43.5% 0.2% 0.2% 0.3% $1,591m 0.8% 22.3% 24.1% 21.9% 0.0% 0.0% 0.0% $11m F
Slide 54: Commercial Property
Commercial Property Outstandings by region, GLA $b Outstandings by sector, % Commercial property collateral1,2, % 79% of portfolio well secured 7.4% 7.5% 7.3% 48% 62.8 7% 60.8 8% 8% 58.6 1.8 2.2 2.0 9.3 9.1 19% 20% 24% 9.6 30% 27% 27% 25% 49.5 51.7 47.1 13% 20% 22% 22% 8% 25% 23% 22% 1% Sep 24 Mar 2
Slide 55: ANZ Institutional portfolio
ANZ Institutional portfolio Size & tenor by market of EAD1 Industry composition, EAD1 Product composition, EAD1 Market of incorporation, EAD1 By market of incorporation, $b Sep 25 4% 2% 13% 9% 1% 2% 567 5% 3% 3% 3% 32% 6% 4% 11% 38% 3% 43% 6% 9% 54% 9% 27% 16% 19% 33% 286 36% Finance, Investment & I
Slide 56: Institutional Asia portfolio
Institutional Asia portfolio Asia portfolio composition, % of EAD1 Asia industry composition, EAD1 Asia product composition, EAD1 Asia China Asia Asia $119b 7% 2% 2% 9% 3% 2% 1% 6% 4% 5% 28% 17% 5% 1% 4% 2% 11% 23% 9% 69% 72% 15% 23% 48% Investment China grade 97% $16b 3% Finance, Investment & Insur
Slide 57: Australia home loans - portfolio overview
Australia home loans - portfolio overview excluding Suncorp Bank Portfolio1 Flow Portfolio1 Sep 23 Sep 24 Sep 25 FY24 FY25 Sep 23 Sep 24 Sep 25 Home Loan accounts3 958k 944k 936k 174k2 181k Average LVR at Origination9,10 65% 66% 65% Total FUM $304b $324b $341b $85b2 $89b Average Dynamic LVR (excl. o
Slide 58: Australia home loans - portfolio composition & flow
Australia home loans - portfolio composition & flow excluding Suncorp Bank By purpose, % of total balances By location, % of total balances Portfolio1,2 Portfolio1 1% 1% 1% 6% 6% 7% 31% 31% 31% 10% 10% 10% 15% 16% 16% 33% 33% 32% 68% 68% 68% 36% 35% 35% Sep 23 Sep 24 Sep 25 Sep 23 Sep 24 Sep 25 Owne
Slide 59: Australia home loans - portfolio resilience
Australia home loans - portfolio resilience excluding Suncorp Bank Home Loans repayment profile1,2 Home Loans on time and <1 month ahead profile 2,3 % of accounts ahead of repayments % composition of accounts 40 36% 38% 40% 17% 13% 20 16% 6% 3% 14% 31% 43% 43% 0 Overdue On Time <1 1-3 3-6 6-12 1-2 >
Slide 60: Australia home loans - portfolio performance
Australia home loans - portfolio performance excluding Suncorp Bank Home loans 90+ DPD ( by state) 1,2 Home loans delinquencies1,2,3 % of portfolio segment balances % of portfolio segment balances 2.5 1.1 2.0 1.0 1.5 1.0 0.9 0.5 0.8 0.0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep 0.7 19 20 2
Slide 61: Lenders Mortgage Insurance
Lenders Mortgage Insurance excluding Suncorp Bank September Full Year 2025 Results LMI & Reinsurance structure Australian Home Loan portfolio LMI and Reinsurance structure at 30 Sep 25 (% New Gross Written Premium ($m) $82.4m Business FUM Oct 24 to Sep 25) Not LMI Insured Net Claims Paid ($m) $3.7m
Slide 62: New Zealand home loans – portfolio overview
New Zealand home loans – portfolio overview Portfolio Flow Portfolio Flow Sep 23 Sep 24 Sep 25 FY24 FY25 Sep 23 Sep 24 Sep 25 FY24 FY25 Number of Home Loan Accounts 545k 555k 572k 56k 62k % Paying Interest Only 11% 11% 10% 16% 18% Total FUM (NZD) 107b 111b 116b 21b 26b % Paying Principal & Interest
Slide 63: Environment, Social & Governance (ESG)
2025 Full Year Results Debt Investor Presentation Environment, Social & Governance (ESG)
Slide 64: Our ESG approach and related disclosures
Our ESG approach and related disclosures Our suite of ESG reports1 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
Slide 65: Our ESG targets
Our ESG targets1 Target2 2025 performance or status $10 billion • Fund and facilitate at least $10 billion of investment by end 2030, Since October 2018, we have funded and facilitated $7.37 billion to social housing including $750 million in 2025, to deliver homes to buy and rent support the delive
Slide 66: Our Climate and Environment Strategy
Our Climate and Environment Strategy Our Climate and Environment Strategy sets out our objective to be a trusted partner for our customers, supporting them to adapt and become more resilient to a changing environment and economy. In particular, we aim to be a leading bank in supporting an effective
Slide 67: Our Large Emitters Engagement Program
Our Large Emitters Engagement Program1 • We have been engaging with large emitting customers since 2018, How our LEEP customers are placed in 20252 which has evolved to now focus on our LEEP cohort. 24 49 77 • We review our LEEP customers’ transition plans against our Emerging Progressing Mature ass
Slide 68: Our sectoral pathways to transition our lending to net-zero financed emissions
Our sectoral pathways to transition our lending to net-zero financed emissions1 Sector2 2030 Interim Target reduction Status Sectoral pathways and targets Power generation 54% (2020 baseline) ON-TRACK supporting customer decarbonisation Oil and gas 32% (2020 baseline) ON-TRACK • This year, we review
Slide 69: Risk management
Risk management ANZ recognises climate risk as a material risk within the Group Risk Management Framework (RMF). Climate risk is also considered to be a driver of other material risks within our RMF. This year, we focused on: 1• Further enhancing and embedding climate risk management requirements ac
Slide 70: Our resources portfolio
Our resources portfolio Resources Portfolio, EAD1 $b Thermal Coal Mining, EAD1 $b Movement in Oil and Gas Extraction 16.2 17.0 and Thermal Coal Mining Exposures 0.5 15.3 0.8 1.4 1.2 0.9 14.6 0.7 1.1 0.4 0.7 1.2 0.2 0.5 The portfolio is in the advance stage of runoff, and 0.9 1.0 1.2 our exposures ar
Slide 71: Economics
2025 Full Year Results Debt Investor Presentation Economics
Slide 72: ANZ Research's Australia & New Zealand economic forecast
ANZ Research’s Australia & New Zealand economic forecast 2021 2022 2023 2024 2025 2026 2027 Australia – GDP (% year-average) 5.4 4.2 2.1 1.0 1.9 2.2 2.1 Australia - headline CPI (% year-average) 2.9 6.6 5.6 3.2 2.8 3.4 2.6 Australia - unemployment (% Q4 avg) 4.7 3.5 3.9 4.0 4.4 4.3 4.2 Australia - W
Slide 73: Global economic scorecard
Global economic scorecard United United New Category Australia France Germany Canada Kingdom States Zealand GDP growth (% y/y) 2.1% 1.3% 0.9% 0.0% 2.3% 0.4% 1.3% CPI inflation (% y/y) 3.2% 3.2% 0.8% 1.8% 2.7% 2.2% 3.0% Policy rate (cash rate) 3.60% 3.75% 2.00%3 2.00%3 3.75% 2.25% 2.25% 2yr swap rate
Slide 74: Australia & New Zealand housing
Australia & New Zealand housing ANZ Research Australia housing price growth forecasts, % y/y Australia property prices, % growth 5 Year Cumulative December 6 Month Change Year on Year Change Change 25 Total Houses Units Total Houses Units Total Houses Units 16.0 Adelaide 7.1 7.0 7.2 8.8 8.7 9.5 79.8
Slide 75: ANZ Research sees the RBA cash rate to remain at 3.60% in 26
ANZ Research sees the RBA cash rate to remain at 3.60% in 2026 While there are signs inflation pressures are persisting, annual ANZ Research sees the labour market as balanced and inflation growth fell slightly in November forecasts a minor drift downward in the unemployment rate ANZ Research expect
Slide 76: Modest Q3 GDP growth, but strong domestic demand
Modest Q3 GDP growth, but strong domestic demand Economic growth was modest in Q3, as GDP rose 0.4% q/q Domestic demand lifted 1.2% q/q in Q3 - its fastest rate since a following an upwardly revised 0.7% q/q lift in Q2 similar result in Q2 2023 – led by public demand and investment Public demand gro
Slide 77: Australia's exports are dominated by commodities
Australia’s exports are dominated by commodities China is Australia’s top export destination. Top Exporting Countries Exports, 2024-25 % of Total ($billion AUD) China (excludes SARs & Taiwan) 188.1 29.1 Japan 67.9 10.5 United States of America 54.1 8.4 South Korea 40.7 6.3 India 34.9 5.4 Iron ore is
Slide 78: Businesses are slightly more leveraged than a year ago
Businesses are slightly more leveraged than a year ago Non-financial corporate debt as a share of GDP has picked up to Government debt is likely to rise in the coming years its highest level since 2022, but is still low compared to history 30 25 20 Net debt, % of GDP 15 10 5 0 -5 90 92 94 96 98 00 0
Slide 79: Key contacts
Key contacts Norfina Ltd (Suncorp ANZ Bank) ANZ Debt Investors Centre Adrian Went David Goode Scott Gifford Simon Lewis Group Treasurer Head of Head of Treasurer +61 3 8654 5532 Debt Investor Relations Group Funding Norfina Ltd (Suncorp Bank) +61 412 027 151 +61 410 495 399 +61 3 8655 5683 +61 7 336
ANZ Group Holdings — Debt Investor Presentation (November 2025) on 6ix