Correspondence with ANZ Capital Notes 2 Holders

Australia and New Zealand Banking Group Limited ABN 11 005 357 522
ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008
10 February 2022
Market Announcements Office
ASX Limited
Level 4
20 Bridge Street
SYDNEY NSW 2000
Correspondence with ANZ Capital Notes 2 Holders
Attached is a letter sent to ANZ Capital Notes 2 (CN2) holders relating to their existing
holding of CN2 (ANZPE). An equivalent email has been sent to those CN2 Holders who
have elected to receive electronic communications.
Yours faithfully,
Simon Pordage
Company Secretary
Australia and New Zealand Banking Group Limited
Approved for distribution by ANZ’s Continuous Disclosure Committee

Dear ANZ Capital Notes 2 Holder

ANZ considers a new Capital Notes issue

• This letter is important and relates to your existing holding of ANZ Capital Notes 2
(ANZPE) (CN2).
• Any future ANZ Capital Notes offer, including any reinvestment offer for CN2, will be
limited to wholesale investors and investors receiving personal advice.
• If you are interested in participating in future ANZ Capital Notes offers, you should speak
to a broker or financial adviser. Holders of CN2 will not be able to apply to ANZ directly
for future ANZ Capital Notes.

ANZ announced on 31 January 2022 that it is considering the launch of a new Capital Notes offer in
February 2022, which may include a limited reinvestment offer for only certain holders of CN2
(see anz.com/shareholder/centre/investor-toolkit/asx-announcements/).


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 any 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 the distribution of new Capital Notes which may impact you

Any future ANZ Capital Notes offer, including any reinvestment offer for CN2, will be limited to
wholesale investors and investors receiving personal advice following the implementation of the new
Design and Distribution Obligations legislation in October 2021.

What this means for you is that any future Capital Notes offers by ANZ 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, including by reinvesting their existing Capital Notes.

If you are interested in participating in future ANZ Capital Notes offers, including through any CN2
reinvestment offer, you 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.

Any future ANZ Capital Notes offer will be made under a prospectus and any person wishing to apply
through their broker or financial adviser will need to do so via an application form in or accompanying
that prospectus.

Thank you for your support of ANZ.

For more information you can 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).

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