ANZ NZ completes sale of OnePath Life (NZ) to Cigna

Australia and New Zealand Banking Group Limited ABN 11 005 357 522
News Release
For Release: 30 November 2018

ANZ New Zealand completes sale of OnePath Life (NZ)
Limited to Cigna Corporation

ANZ Bank New Zealand Limited today announced it has completed the sale
of OnePath Life (NZ) Limited to Cigna Corporation.

ANZ announced the sale and 20-year strategic alliance with Cigna
Corporation on 30 May 2018 and the divestment is consistent with ANZ’s
strategy to simplify its business. ANZ’s Investment Management business in
New Zealand was not part of the sale.

Cigna is a health services company with 95 million customers around the
world. In New Zealand it offers insurance products online and through direct
marketing and also provides insurance products for partner companies.
Cigna has been one of ANZ’s insurance partners for more than 20 years.

For media enquiries contact:

Brett Foley, +61 466 670 880 (Australia)
Emma Mellow, +64 21 614 165 (NZ)