Australia and New Zealand Banking Group Ltd. — Notice of Dividend Amount 2021

Jun 2, 2021

Notification of dividend / distribution

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Announcement Summary

Entity name

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

Security on which the Distribution will be paid

ANZPD - CAP NOTE 6-BBSW+3.40% PERP NON-CUM RED T-09-21

Announcement Type

New announcement

Date of this announcement

Wednesday June 2, 2021

Distribution Amount

AUD 0.85730000

Ex Date

Tuesday June 29, 2021

Record Date

Wednesday June 30, 2021

Payment Date

Thursday July 8, 2021

Additional Information

To facilitate the reinvestment component of the ANZ Capital Notes 6 offer announced by ANZ on 1 June 2021, the ANZ Capital Notes 1 distribution that was scheduled to be paid on 1 September 2021 has been split into two pro-rata distributions. The distribution referenced in this Appendix is the first pro-rata distribution.

The Distribution has been calculated on an estimated Franking Rate of 100%. However, if the applicable Franking Rate on the Distribution Payment Date is less than 100% then the Distribution will be adjusted in accordance with clause 3.2 of the amended ANZ Capital Notes 1 Terms released on the ASX on 1 June 2021. ANZ will announce on ASX if there is a change in the applicable Franking Rate. The Distribution payment is subject to the ANZ Capital Notes 6 Prospectus not being withdrawn, the Payment Conditions in the ANZ Capital Notes 1 Terms and ANZ's absolute discretion.

Refer to below for full details of the announcement

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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

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

1.2 Registered Number Type Registration Number ABN 11005357522 1.3 ASX issuer code ANZ

1.4 The announcement is New announcement

1.5 Date of this announcement Wednesday June 2, 2021

1.6 ASX +Security Code ANZPD ASX +Security Description

CAP NOTE 6-BBSW+3.40% PERP NON-CUM RED T-09-21

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) Wednesday July 7, 2021

2A.4 +Record Date

Wednesday June 30, 2021

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2A.5 Ex Date

Tuesday June 29, 2021

2A.6 Payment Date

Thursday July 8, 2021

• 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 Actual dividends/distributions notified in this form AUD 0.85730000

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 No AUD 3A.1b Ordinary Dividend/distribution amount per security AUD 0.85730000 3A.2 Is the ordinary dividend/distribution franked? 3A.2a Is the ordinary dividend/distribution fully franked? Yes Yes

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3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit franked (%) 100.0000 % 30.0000 % 3A.4 Ordinary dividend/distribution franked amount per 3A.5 Percentage amount of dividend which is unfranked +security 0.0000 % AUD 0.85730000 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 0.00000000

Part 3D - Preference +security distribution rate details

3D.1 Start date of payment period 3D.2 End date of payment period Monday March 1, 2021 Wednesday July 7, 2021 3D.3 Date dividend/distribution rate is set (optional)

3D.5 Number of days in the dividend/distribution period 129

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

0.0653 %

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

This is the 180 day Bank Bill Rate (average mid-rate) on the first Business Day of the Distribution Period. For more information, please refer to the ANZ Capital Notes 1 Prospectus dated 10 July 2013 and the amended ANZ Capital Notes 1 Terms released on the ASX on 1 June 2021.

3D.8 Dividend/distribution margin

3.4000 %

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

Margin as determined under the Bookbuild. For more information, please refer to the ANZ Capital Notes 1 Prospectus dated 10 July 2013.

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

-1.0396 %

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

The Distribution Rate is calculated in accordance with the ANZ Capital Notes 1 Terms as 70% of the aggregate of the Bank Bill Rate (refer to question 3D.6) and the Margin (refer to question 3D.8) (together the "Aggregate Rate"). The figure in 3D.10 represents 30% of the Aggregate Rate (i.e. the current corporate tax rate) - this amount is deducted from the Aggregate Rate to calculate the Distribution Rate under the Terms.

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

2.4257 %

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

The Distribution Rate is calculated under the Note Terms (refer to question 3D.11). For more information, please refer to the ANZ Capital Notes 1 Prospectus dated 10 July 2013.

Part 5 - Further information

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

N/A

5.2 Additional information for inclusion in the Announcement Summary

To facilitate the reinvestment component of the ANZ Capital Notes 6 offer announced by ANZ on 1 June 2021, the ANZ Capital Notes 1 distribution that was scheduled to be paid on 1 September 2021 has been split into two pro-rata distributions. The distribution referenced in this Appendix is the first pro-rata distribution.

The Distribution has been calculated on an estimated Franking Rate of 100%. However, if the applicable Franking Rate on the Distribution Payment Date is less than 100% then the Distribution will be adjusted in accordance with clause 3.2 of the amended ANZ Capital Notes 1 Terms released on the ASX on 1 June 2021. ANZ will announce on ASX if there is a change in the applicable Franking Rate.

The Distribution payment is subject to the ANZ Capital Notes 6 Prospectus not being withdrawn, the Payment Conditions in the ANZ Capital Notes 1 Terms and ANZ's absolute discretion.

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