ANZ sells 16.5% of shareholding in AmBank

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791


News Release
For Release: 6 March 2024


ANZ sells 16.5% of shareholding in AmBank

ANZ has agreed to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank) via a
block trade at a price of MYR3.85 per share.

The sale will reduce ANZ’s shareholding in AmBank from 21.7% to 5.2% and is in line with
ANZ’s strategy of simplifying the Bank.

Following the sale, ANZ will continue to have one nominated director on the AmBank Board.

The sale proceeds will increase ANZ’s CET1 ratio by approximately 16bps
1
and are not
expected to have a material impact on profit. Settlement is anticipated to occur on 8 March
2024.

ANZ’s capital management considerations will include the capital release from this sale,
subject to regulatory approvals.





For media enquiries contact:

Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414

Phoebe O’Sullivan
Head of International Communications
Tel: +852 9535 7919
For analyst enquiries contact:

Jill Campbell
Group General Manager, Investor Relations
Tel: +61 412 047 448

Cameron Davis
Executive Manager, Investor Relations
Tel: +61 421 613 819


Approved for distribution by ANZ’s Continuous Disclosure Committee

1
CET1 impact is on a Level 2 basis.