ANZ appeals Court decision on 2015 Placement

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

News Release
For Release: 14 December 2023

ANZ appeals Federal Court decision in relation to
2015 Institutional Equity Placement


ANZ today announced that it had lodged a Notice of Appeal from the decision of the Federal
Court of Australia in relation to ANZ’s fully underwritten institutional share placement in August
2015.

In a judgment delivered on 13 October 2023, the Court found ANZ should have notified the
Australian Securities Exchange of the joint lead managers’ take-up of shares in the placement.

A civil penalty of $900,000 was imposed on ANZ for a continuous disclosure contravention that
the Court found occurred on 7 August 2015.

ANZ Chief Risk Officer Kevin Corbally said: “Given the importance of continuous disclosure laws,
there is benefit for financial market participants in obtaining guidance from the Full Federal
Court.”

ANZ does not intend to provide any further comment at this time.


For media enquiries contact:
Elizabeth Rudall
Acting Head of Media Relations
Tel: +61 403 130 207
For analyst enquiries contact:
Cameron Davis
Executive Manager, Investor Relations
Tel: +61 421 613 819


Approved for distribution by ANZ’s Continuous Disclosure Committee