Macquarie Group Limited — Capital/Financing Update 2014

Sep 22, 2014

Macquarie Bank Limited ABN 46 008 583 542

No.1 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 7780 GPO Box 4294 Internet www.macquarie.com.au Sydney NSW 1164

ASX release

23 September 2014

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DISPATCH OF MACQUARIE BANK CAPITAL NOTES POSTCARD AND EMAIL TO ELIGIBLE SECURITYHOLDERS

Attached are a postcard and email communication being sent to holders of Macquarie Group Limited (MGL) ordinary shares, Macquarie Group Capital Notes and Macquarie Income Securities recorded on MGL’s and Macquarie Bank Limited’s registers at 7.00pm (Sydney time) on Friday 12 September 2014 with registered addresses in Australia (Eligible Securityholders).

The postcard notifies Eligible Securityholders of the offer of Macquarie Bank Capital Notes pursuant to the Macquarie Bank Capital Notes prospectus separately lodged with the Australian Securities and Investments Commission and ASX today.

Yours faithfully

Dennis Leong

Company Secretary

For investor enquiries about Macquarie Bank Capital Notes please call the BCN Offer Information Line on 1300 634 564 (within Australia) or on +61 3 9415 4230 (International). The line is open from Monday to Friday 8.30am to 5.30pm (Sydney time) during the Offer Period.

As an Eligible Securityholder, you can use your SRN/HIN below to view a Prospectus and to apply online.

To view the Prospectus and to apply online, follow the instructions on the back of this card.

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Capital Notes

Macquarie Bank Capital Notes Securityholder Offer

About the Securityholder Offer

the BCN Offer Information Line on 1300 634 564 (within Australia) or +61 3 9415 4230 (International), Monday to Friday 8.30am to 5.30pm (Sydney time), during the Offer Period.

Eligible Australian resident holders of Macquarie Group Limited Ordinary Shares, Macquarie Group Capital Notes or Macquarie Income Securities are invited to participate in the Securityholder Offer of Macquarie Bank Capital Notes (“BCN”).

Follow these easy steps to participate

1. Read the Prospectus

It is important that you read the Prospectus lodged on 23 September 2014 containing details of the Margin (and any supplementary Prospectus) in its entirety before deciding whether to invest in BCN.

If you are considering applying for BCN under the Offer, the Prospectus is important and should be read in its entirety before making an Application.

A Prospectus is available electronically at www.MacquarieBCNOffer.com.au.

The Securityholder Offer opened on 23 September 2014 and is expected to close at 5.00pm on 3 October 2014 (these dates are indicative and may change), (“Offer Period”). Applications must be for a minimum of 50 BCN ($5,000).

2. Apply and make a payment

Apply online by completing an online Application Form at www.MacquarieBCNOffer.com.au, using your SRN/HIN identification and by making a BPAY[®] payment. Your online Application and Application Payment must be received by 5.00pm (Sydney time) on 3 October 2014.

To find out more

Additional information about the BCN Offer can be found online at www.MacquarieBCNOffer.com.au or by calling

IMPORTANT NOTICES

This card is not an offer, or invitation to apply for, BCN. The offer of BCN will be made in the Prospectus and anyone who wants to invest in BCN will need to complete the online Application Form at www.MacquarieBCNOffer.com.au.

BCN are complex and not suitable for all investors. Potential investors should read the Prospectus in its entirety before deciding whether to apply to invest in BCN. There are risks associated with an investment in BCN including the loss of income and principal invested. Risks are discussed further in the Prospectus and you should consider these risks before deciding whether to invest in BCN. If any part of the Prospectus is unclear, you should seek guidance from a financial advisor or other professional advisor.

Allocations for the Securityholder Offer will be determined by MBL and the Joint Lead Managers after the Closing Date. MBL has absolute discretion to determine the method and extent of allocations.

Please refer to the Prospectus regarding MBL and the Macquarie Group’s privacy statement as it applies to your Application.

If you do not wish to receive further promotional information from us, please contact the BCN Offer Information Line on 1300 634 564 (within Australia) or +61 3 9415 4230 (International), Monday to Friday 8.30am to 5.30pm (Sydney time). Capitalised terms in this card have the meanings given in the Prospectus.

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