Australia and New Zealand Banking Group Limited announced that it will redeem its wholesale AUD 1,750,000,000 floating rate subordinated notes due July 2029 (the Notes) on its optional redemption date on 26 July 2024. APRA has provided its written approval for ANZBGL to redeem the Notes. The call notice for the Notes which has been provided to holders is attached.

Redemption of the Notes does not imply or indicate that ANZBGL will exercise any redemption rights of other outstanding callable capital instruments issued by ANZBGL in the future. Any such redemption would also be subject to APRA's prior written approval, which may or may not be given.