Vesting of Rights granted under ANZ’s employee equity plan

3 March 2021

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

Notification under ASX Listing Rule 3.10.3B – vesting of Rights (nil exercise price
options) previously granted under the ANZ Share Option Plan

For the purposes of ASX Listing Rule 3.10.3B, ANZ confirms that the following Rights
previously granted to employees under the ANZ Share Option Plan (the ‘Plan’) as part of
their deferred remuneration arrangements, vested on 27 February 2021 (‘Vesting Date’):

a) 51,189 Deferred Share Rights granted between 27 February 2018 and 20 August
2020 - these Deferred Share Rights were automatically exercised on the Vesting
Date
1
;
b) 629 Deferred Share Rights granted on 27 February 2018 - these Deferred Share
Rights can be exercised by their holder up until (but not including) 27 February
2023; and
c) 5,353 Deferred Share Rights granted on 27 February 2018 – these Deferred Share
Rights were automatically exercised on the Vesting Date with holders receiving a
cash payment equivalent in value to one ANZ ordinary share for each Deferred Share
Right in lieu of ANZ delivering ANZ Shares on the Vesting Date
1
.

None of the securities listed in paragraphs (a), (b) and (c) are held by Key Management
Personnel.

Any ANZ ordinary shares provided, or to be provided, to holders on exercise of the Rights
listed in paragraphs (a) and (b) have either been purchased on market by the trustee of the
Plan or are reallocated previously forfeited shares. Holders will receive one ANZ ordinary
share for each Right at the time of exercise.

No amount is payable by a holder upon exercise of any of the Rights (i.e. the exercise price
of each Right is $0).

Additional details on the Plan are set out in Note 31 of ANZ’s 2020 Annual Report.

A total of 6,706,100 Rights granted under the Plan remain outstanding (which includes
unvested Rights and vested but unexercised Rights, including those detailed above). ANZ’s
outstanding Rights include Deferred Share Rights and Performance Rights.

Approved for distribution by ANZ’s Company Secretary.

Yours faithfully

Simon Pordage
Company Secretary
Australia and New Zealand Banking Group Limited

Legal & Corporate Governance
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

1
As the Vesting Date fell on a non-trading day, the automatic exercise (listed in paragraphs (a) and (c)), occurred on Monday 1
March 2021.