ANZ acknowledges appeal 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: 2 October 2024

ANZ acknowledges appeal decision in relation to 2015
Institutional Equity Placement

ANZ today acknowledged the decision of the Full Federal Court of Australia dismissing ANZ’s
appeal regarding the bank’s fully underwritten institutional share placement in August 2015.

The Federal Court had earlier found that ANZ should have notified the ASX of the joint-lead
managers’ take-up of shares in the placement. ANZ appealed to the Full Federal Court in
December 2023.

ANZ lodged the appeal as it believed financial market participants would benefit from
further guidance from the Full Federal Court.

ANZ is reviewing the judgment.

ANZ has been ordered to pay ASIC’s costs of the appeal. The appeal decision otherwise has
no financial impact.

A civil penalty of $900,000 was imposed on ANZ by the Federal Court of Australia on 8
December 2023.


For media enquiries contact:
Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414

Amanda Schultz
Media and Public Relations Manager
Tel: +61 401 532 325
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