Shareholder resolutions for consideration at ANZ’s 2024 AGM

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791
News Release
For Release: 15 October 2024
Shareholder resolutions for consideration
at ANZ’s 2024 AGM
As required by ASX Listing Rule 3.17A, ANZ advises that it has received the two resolutions
shown on the following page under section 249N “Members’ resolutions” of the Corporations
Act 2001 for consideration at its AGM which is scheduled to be held on 19 December 2024.
The accompanying statements requisitioning the resolutions will be distributed with the
Notice of Annual General Meeting in accordance with section 249P of the Corporations Act
2001 along with the ANZ Board’s recommendation on each resolution.
The resolutions are proposed by shareholders holding approximately 0.01% of ANZ’s
ordinary shares on issue, represented by Market Forces. Shareholders represented by
Market Forces also proposed resolutions at ANZ’s 2019, 2020, 2021 and 2022 Annual
General Meetings, which were not approved by shareholders.
ANZ will disclose information relevant to the resolutions in its end of year reporting and, in
particular, in its 2024 Climate-related Financial Disclosure, that will be available at
anz.com/annualreport prior to the Annual General Meeting.
For media enquiries contact:
Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414
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

Resolution 1 – Amendment to the Constitution (special resolution)
Insert into the Constitution in clause 13 ‘Meetings of members’ the following new sub-clause:
“The Company in general meeting may by ordinary resolution express an opinion or request
information about the way in which a power of the Company partially or exclusively vested in
the Directors has been or should be exercised. Such a resolution must relate to a material
risk identified by the Directors or the Company and cannot advocate action that would violate
any law or relate to any personal claim or grievance. Such a resolution is advisory only and
does not bind the Directors or the Company.”

Resolution 2 – Transition Plan Assessments (ordinary resolution)
Shareholders recognise the substantial transitional and physical risks of climate change and
their potential financial impacts on our company. Noting our company’s expectation that
customers in the ‘energy sector’ have a transition plan in place by October 2025,
1

shareholders request further disclosure addressing:
1. Whether ANZ will require all ‘fossil fuel companies’
2
to have climate transition plans in
place by October 2025 in order for ANZ to provide ‘new financing’;
3
and
2. Whether and how ANZ will assess such transition plans for credible alignment with the
1.5°C goal of the Paris Agreement.
4



1
Per ANZ 2024 ‘Energy Customer Approach’ (https://www.anz.com.au/content/dam/anzcomau/about-
us/ANZ-2024-Energy-Customer-Approach.pdf): “The energy sector includes integrated oil and gas
companies involved in exploration, development and refining as well as low carbon energy solutions,
thermal coal mining, and integrated power utility companies such as renewable energy and coal.”
2
As defined in Science-Based Targets Initiative Financial Institutions Near-Term Criteria Version 2.0
(https://sciencebasedtargets.org/resources/files/Financial-Institutions-Near-Term-Criteria.pdf)
3
Defined as: The provision of new corporate lending, project finance or trade finance to a customer,
including the refinancing of existing facilities, and the arranging or underwriting of capital markets
transactions to a customer.
4
Criteria for determining climate transition plan credibility include, but are not limited to:
 Short, medium-and long-term scope 1, 2 and 3 emission reduction targets;
 Strategies (including capital expenditure plans) to align with those targets; and
 No unreasonable reliance on emissions offsets or negative emissions technology
See, for example:
 Climate Action 100+ Net Zero Company Benchmark (https://www.climateaction100.org/net-
zero-company-benchmark/)
 IGCC Corporate Climate Transition Plans Guide (https://igcc.org.au/wp-
content/uploads/2022/03/IGCC-corporate-transition-plan-investor-expectations.pdf)