ANZ considers a new Capital Notes issue

Australia and New Zealand Banking Group Limited ABN 11 005 357 522
9/833 Collins Street Docklands Victoria 3008 Australia

News Release
For release: 31 January 2022

ANZ considers a new Capital Notes issue

ANZ today announced it is considering the launch of a new ANZ Capital Notes offer in
February 2022, which may include a limited reinvestment offer for only certain holders of
ANZ Capital Notes 2 (CN2). For further information, please see below.

ANZ has appointed ANZ Securities, CBA, E&P Corporate Advisory, Morgan Stanley, Morgans,
NAB, Ord Minnett, Shaw and Partners, UBS and Westpac to help consider the offer.

Launch of the offer remains subject to the receipt of various regulatory and Board approvals
and prevailing economic conditions and there is no guarantee it will proceed.

Restrictions on distribution

With the implementation of the new Design and Distribution Obligations (DDO) legislation in
October 2021, any future ANZ Capital Notes offer will be limited to wholesale investors and
investors receiving personal advice.

As a result, future ANZ Capital Note offers are unlikely to include a securityholder offer
under which existing ANZ securityholders on the relevant record date can apply to ANZ
directly for those notes.

Existing ANZ securityholders (including CN2 holders) interested in participating in future
ANZ Capital Notes offers should speak to a broker or financial adviser. However, not all
brokers and financial advisers will have access to a new issue of ANZ Capital Notes.

The Australian Government’s MoneySmart website contains details on choosing a financial
adviser at moneysmart.gov.au/financial-advice/choosing-a-financial-adviser.

Additionally, any future ANZ Capital Notes offer will be made under a prospectus and any
person wishing to apply will need to do so via an application form in or accompanying that
prospectus.


For media enquiries contact: For shareholder enquiries contact:

Nick Higginbottom Computershare
Tel: +61 403 936 262 Tel: 1800 11 33 99
NZ: 0800 174 007
International: +613 9415 4010



Approved for distribution by ANZ’s Continuous Disclosure Committee