AMP LIMITED — Notice of Dividend Amount 2022

Jun 15, 2022

Notification of dividend / distribution

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Announcement Summary

Entity name

AMP LIMITED

Security on which the Distribution will be paid

AMPPB - CAP NOTE 3-BBSW+4.50% PERP NON-CUM RED T-12-25

Announcement Type

New announcement

Date of this announcement

16/6/2022

Distribution Amount

AUD 1.57350000

Ex Date

7/9/2022

Record Date

8/9/2022

Payment Date

16/9/2022

Refer to below for full details of the announcement

Notification of dividend / distribution

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Notification of dividend / distribution

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

AMP LIMITED

1.2 Registered Number Type Registration Number ABN 49079354519

1.3 ASX issuer code

AMP

1.4 The announcement is New announcement

1.5 Date of this announcement

16/6/2022

1.6 ASX +Security Code

AMPPB

ASX +Security Description

CAP NOTE 3-BBSW+4.50% PERP NON-CUM RED T-12-25

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution:

relates to a period of one quarter

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 15/9/2022

2A.4 +Record Date

8/9/2022

2A.5 Ex Date

7/9/2022

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2A.6 Payment Date

16/9/2022

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

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No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per Estimated or Actual? +security (in primary currency) for all Estimated dividends/distributions notified in this form AUD 1.57350000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security? We do not have a securities plan for dividends/distributions on this security

2A.12 Does the +entity have tax component information apart from franking? No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at 3A.1a Ordinary dividend/distribution estimated amount this time? per +security Yes AUD 1.57350000 3A.1a(i) Date that actual ordinary amount will be Estimated or Actual? announced Estimated 11/8/2022 3A.1b Ordinary Dividend/distribution amount per security AUD

3A.2 Is the ordinary dividend/distribution franked?

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No

3A.3 Percentage of ordinary dividend/distribution that is franked

0.0000 % 3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 100.0000 % AUD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security AUD 1.57350000

Part 3D - Preference +security distribution rate details

• 3D.1 Start date of payment period 3D.2 End date of payment period 16/6/2022 15/9/2022

3D.3 Date dividend/distribution rate is set (optional)

16/6/2022

3D.4 Describe how the date that dividend/distribution rate is set is determined

The distribution rate is set using the base rate from the first day of the distribution period and the franking rate for the most recent notification of dividend announcement of AMP Limited ordinary shares.

3D.5 Number of days in the dividend/distribution period

92

3D.6 Dividend/distribution base rate (pa)

1.7426 %

3D.7 Comments on how dividend/distribution base rate is set

3 month bank bill swap rate on the first day of the distribution period.

3D.8 Dividend/distribution margin

4.5000 %

3D.9 Comments on how dividend/distribution margin is set

Terms of the AMP Capital Notes 2.

3D.10 Any other rate / multiplier used in calculating dividend/distribution rate

0.0000 %

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3D.11 Comments on how other rate used in calculating dividend/distribution rate is set

The bank bill swap rate plus the margin is multiplied by the franking adjustment factor. The franking adjustment factor is equal to (1-T)/(1-(Tx(1-F))), where T is the tax rate and F is the franking rate. For this period the franking adjustment factor is estimated to be 1.

3D.12 Total dividend/distribution rate for the period (pa)

6.2426 %

3D.13 Comment on how total distribution rate is set

Total distribution rate = (distribution base rate + distribution margin) x (franking adjustment factor)

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

Please refer to amp.com.au/shares for the AMP Capital Notes 2 prospectus. Under the terms of the AMP Capital Notes 2, distributions are within the absolute discretion of AMP and are subject to no payment condition existing on the distribution date (i.e. the payment date specified in 2A.6). These are standard conditions for each distribution of AMP Capital Notes 2.

5.2 Additional information for inclusion in the Announcement Summary

Notification of dividend / distribution

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