Despatch of letters to ANZ Securityholders

Australia and New Zealand Banking Group Limited ABN 11 005 357 522
ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008
News Release
For Release: 1 June 2021

Despatch of letters to ANZ Securityholders

Attached are two letters relating to the ANZ Capital Notes 6 Offer:

1. a letter which will be sent to Eligible ANZ Securityholders (except Eligible CN1
Holders) notifying them of the offer of ANZ Capital Notes 6 pursuant to the
prospectus separately lodged with the ASX and the Australian Securities and
Investments Commission today (Prospectus); and

2. a letter which will be sent to Eligible CN1 Holders notifying them of the opportunity
to apply to reinvest some or all of their CN1 in ANZ Capital Notes 6 pursuant to the
Prospectus.

Investors can obtain a copy of the Prospectus online at capitalnotes6.anz.com. Investors
who wish to apply for ANZ Capital Notes 6 should read the Prospectus in its entirety and
seek professional guidance which takes into account their particular investment objectives,
financial situation and needs from a professional advisor who is licensed by the Australian
Securities and Investments Commission to give such advice.

Unless otherwise defined, capitalised terms in this announcement have the meaning given to
them in the Prospectus.


For investor enquiries about the ANZ Capital Notes 6 Offer please visit
capitalnotes6.anz.com or call the ANZ Information Line on 1800 113 399 (within
Australia) or +61 3 9415 4010 (international) (Monday to Friday – 8:30am to
5:30pm AEST).

For media enquiries only contact:
Stephen Ries, Head of Corporate Communications +61 409 655 551

Approved for distribution by ANZ’s Continuous Disclosure Committee









NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO THE U.S.
This announcement does not constitute financial product advice and is not an offer
of ANZ Capital Notes 6. ANZ Capital Notes 6 have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (Securities Act), or
the securities laws of any state or jurisdiction of the United States and may not be
offered, sold or resold, directly or indirectly, in the United States or to, or for the
account or benefit of, any U.S. person (as defined in Regulation S under the
Securities Act), except pursuant to an exemption from, or in a transaction not
subject to, the Securities Act.

[ANZ Letterhead]




Title
Address line 1
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June 2021



Dear ANZ Security Holder

ANZ Capital Notes 6 Offer

 This letter is important and relates to your existing holding of ANZ securities.
 ANZ is offering you the opportunity to apply for ANZ Capital Notes 6.
 ANZ Capital Notes 6 and your existing ANZ securities have different benefits and
risks which must be evaluated separately.
 If you wish to apply for ANZ Capital Notes 6, we recommend that you seek
professional guidance which takes into account your particular investment
objectives, financial situation and needs from a professional adviser who is licensed
by ASIC to give such advice.

Why have we written to you?

ANZ invites you to participate in an offer for a new ANZ security called ANZ Capital Notes 6. This
offer is made to you as an existing holder of ANZ securities at 7:00pm AEST on 27 May 2021.

The prospectus for the ANZ Capital Notes 6 offer (Prospectus) contains full details of the new
security, including the key dates.

How can I obtain a copy of the Prospectus?

You can view the Prospectus online at capitalnotes6.anz.com
If you are considering applying for ANZ Capital Notes 6, it is important you read the Prospectus in
full before deciding to apply.
How do I apply?

You can apply for ANZ Capital Notes 6 during the Offer Period by completing an online application
at capitalnotes6.anz.com. You will need to quote your SRN/HIN set out above.
How do I pay?

You must make your Application Payment using BPay®
The Offer Period is expected to open on 9 June 2021 and close at 5.00pm AEST on 30 June
2021, although the timetable may be varied and the offer could close early without notice. If you
HIN/SRN

wish to apply, you are encouraged to submit your application as soon as possible after the offer
opens.

If you have a broker, you can contact them for information on how to apply.

Could my application be scaled back?
Applications for ANZ Capital Notes 6 may be scaled back if there is excess demand. The Prospectus
contains details of the allocation policy.

Other Important Information
No brokerage or stamp duty will be payable on your application to participate in the offer.


Thank you for your support of ANZ.

For more information you can visit capitalnotes6.anz.com or call the ANZ Information
Line on 1800 113 399 (within Australia) or +61 3 9415 4010 (international) (Monday to
Friday – 8:30am to 5:30pm AEST).
®Registered to BPAY Pty Ltd ABN 69 079 137 518

[ANZ Letterhead]




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June 2021



Dear CN1 Holder

ANZ Capital Notes 6 and an offer to reinvest your ANZ Capital Notes 1

 This letter is important and relates to your ANZ Capital Notes 1 (CN1) holding.
 ANZ is offering you the opportunity to apply for ANZ Capital Notes 6 and to reinvest
your CN1 into this new security.
 Reinvesting your CN1 in ANZ Capital Notes 6 is not a simple rollover into a similar
security. CN1 and ANZ Capital Notes 6 have different benefits and risks which must
be evaluated separately. These differences are set out in the ANZ Capital Notes 6
Prospectus.
 If you wish to apply for ANZ Capital Notes 6, we recommend that you seek
professional guidance which takes into account your particular investment
objectives, financial situation and needs from a professional adviser who is licensed
by ASIC to give such advice

Why have we written to you?

ANZ invites you to participate in an offer for a new ANZ security called ANZ Capital Notes 6. This
offer is made to you as an existing holder of ANZ Capital Notes 1, also referred to as CN1 (ASX:
ANZPD). Your holding of CN1 at 7:00pm AEST on 27 May 2021 is set out above.

As part of the offer, you have the opportunity to reinvest some or all of your CN1 in ANZ Capital
Notes 6 (the Reinvestment Offer).

The prospectus for the ANZ Capital Notes 6 offer (Prospectus) contains full details of the new
security and the Reinvestment Offer, including the key dates.

How can I obtain a copy of the Prospectus?

You can view the Prospectus online at capitalnotes6.anz.com
If you are considering applying for ANZ Capital Notes 6, it is important you read the Prospectus in
full before deciding to apply.
How do I apply?

You can apply for ANZ Capital Notes 6 during the Offer Period by completing an online application
at capitalnotes6.anz.com. You will need to quote your SRN/HIN set out above.
How do I pay?
HIN/SRN
CN1 (ANZPD) held at 7:00pm AEST on
27 May 2021
Your controlling CHESS participant as
at 27 May 2021 is

If you choose to reinvest your CN1, no Application Payment is required.
If you choose not to reinvest your CN1 or you apply for additional ANZ Capital Notes 6, you must
make your Application Payment using BPay®
If you choose to reinvest your CN1, your minimum reinvestment amount is 50 CN1 or all of your
CN1 if you own less than 50 CN1.
The Offer Period is expected to open on 9 June 2021 and close at 5.00pm AEST on 30 June 2021,
although the timetable may be varied and the offer could close early without notice. If you wish to
apply you are encouraged to submit your application as soon as possible after the offer opens.

If you have a broker, you can contact them for information on how to apply.
If I participate in the Reinvestment Offer, will I still be entitled to
receive Distributions?

Yes, you will receive a pro rata distribution on your CN1 for the period from (and including) 1
March 2021 until (but excluding) the issue day for the ANZ Capital Notes 6 (which is expected to
be 8 July 2021).

The distribution remains subject to the Prospectus not being withdrawn, the payment tests in the
CN1 terms and ANZ’s absolute discretion.

Could my application be scaled back?
Applications for ANZ Capital Notes 6 may be scaled back if there is excess demand. In the event of
excess demand, ANZ’s current intention is to give preference to applicants under the Reinvestment
Offer. If your application under the Reinvestment Offer is scaled back, you will continue to hold the
CN1 that are not reinvested (see below).

What happens if I don’t want to reinvest my CN1 in ANZ Capital Notes
6?

Reinvesting your CN1 into ANZ Capital Notes 6 is not compulsory. You may wish to continue to
hold your CN1 or sell your CN1 on the ASX through your broker or otherwise.

Should you continue to hold your CN1 (including because of a scale back), those CN1 will remain
quoted on the ASX until redeemed or converted at a future date in accordance with the CN1 terms.

As at the date of this letter, ANZ intends to issue a redemption notice for the redemption of all
remaining CN1 on 1 September 2021. Any redemption is subject to final approval and may be
subject to conditions. If the final approval is not obtained or any conditions to the redemption are
not satisfied, the redemption may not occur.

As well as the pro rata distribution payable on the issue date for the ANZ Capital Notes 6, you will
also receive a second pro rata distribution for the period from (and including) 8 July 2021 until the
scheduled semi-annual distribution payment date on 1 September 2021, provided that you hold
CN1 on the record date for that distribution. This means that you will receive the original CN1
distribution scheduled to be paid on 1 September 2021 but in two payments rather than one.

Other Important Information
 No brokerage or stamp duty will be payable on your application to participate in the offer.
 The market price of CN1 is subject to change from time to time and CN1 holders may be able
to sell or dispose of their CN1 at a price higher or lower than the price they would receive
under the Reinvestment Offer. The current market price of CN1 is available at asx.com.au.

Thank you for your support of ANZ.

For more information you can visit capitalnotes6.anz.com or call the ANZ Information
Line on 1800 113 399 (within Australia) or +61 3 9415 4010 (international) (Monday to
Friday – 8:30am to 5:30pm AEST).
®Registered to BPAY Pty Ltd ABN 69 079 137 518