ANZ clarifies comments at AGM

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

News Release

For Release: 16 December 2022

ANZ clarifies comments at AGM

ANZ today clarified its characterisation at yesterday’s Annual General Meeting (AGM) of
commentary relating to a contingent resolution on Climate Risk Safeguarding that was
proposed by Market Forces on behalf of a group of shareholders.

ANZ acknowledges the resolution did not seek an immediate withdrawal of financing for
companies that continue to have any exposure to fossil fuels. It accepts the proposed
resolution was confined to new or expanded fossil fuel projects.

ANZ outlined the resolution in full in its Notice of Meeting along with the supporting
statement from Market Forces. A representative from Market Forces was also invited to
address the meeting to clarify its position.

Any mischaracterisation by ANZ was unintentional.

For media enquiries contact:

Stephen Ries
Head of Corporate Communications
Tel: +61 409 655 551



Approved for distribution by ANZ’s Continuous Disclosure Committee