ANZ 2019 AGM – CEO Performance Rights

28 November 2019


Market Announcements Office
ASX Limited
Level 4
20 Bridge Street
Sydney NSW 2000


At ANZ’s 2019 Annual General Meeting, shareholders will be asked to approve the
grant of Performance Rights to the Company’s CEO, Mr Shayne Elliott on the
terms set out in the 2019 Notice of Meeting.

The number of Performance Rights in each tranche is determined by dividing the
face value for that tranche by the Volume Weighted Average Price (VWAP) of the
Company’s shares traded on the ASX in the five trading days up to and including
22 November 2019 (the start of the four year Performance Period) – which was
$24.99.

Accordingly, the actual number of Performance Rights proposed to be allocated to
Mr Elliott is 126,050 for Tranche 1 (Relative TSR Hurdle) and 42,016 for Tranche
2 (Absolute CAGR TSR Hurdle), summing to a total allocation of 168,066
Performance Rights.

Yours faithfully


Simon Pordage
Company Secretary
Australia and New Zealand Banking Group Limited

Company Secretary’s Office
ANZ Centre Melbourne, Level 9, 833 Collins Street, Docklands Vic 3008
GPO Box 254, MELBOURNE VIC 3001 AUSTRALIA
www.anz.com
Australia and New Zealand Banking Group Limited ABN 11 005 357 522