Quotation Notice - Bank of New Zealand ("BNZHB")

QUOTATION NOTICE: NZX DEBT MARKET BANK OF NEW ZEALAND ("BNZHB") PERPETUAL PREFERENCE SHARES Company: Bank of New Zealand ("BNZ") Security Code: BNZHB ISIN: NZBNZEP002C7 Details of Issue: NZ$450 million of perpetual preference shares ("PPS 2") Offer Opening Date: Monday, 5 August 2024 Offer Closing Date: 11:00am on Friday, 9 August 2024 Maturity Date: Not applicable Rate Reset Date: 21 August 2030 and each quarterly Scheduled Distribution Payment Date after that date. Distribution Rate: 7.28% per annum until 21 August 2030. After this date, the distribution rate will be a floating rate. Distribution Payment Dates: 21 February, 21 May, 21 August and 21 November in each year and, if the PPS 2 are redeemed, the date on which the PPS 2 are redeemed. Date of First Distribution Payment: Thursday, 21 November 2024 First Distribution Paid To: Holder as at the close of business on the Record Date. Record Date: 10 calendar days before the relevant Distribution Payment Date, or if that date is not a business day, the immediately preceding business day. Early Call Dates: 21 August 2030 and each quarterly Scheduled Distribution Payment Date after that date, or at any time following the occurrence of a Tax Event or Regulatory Event. Minimum Application Amount: NZ$5,000 and in multiples of $1,000 thereafter Minimum Holding: NZ$5,000 and in multiples of $1,000 thereafter Minimum Transferable Amount: No transfer of any part of a Holder's holding may be effected if such transfer would result in the transferor or the transferee holding or continuing to hold a Non-marketable Parcel of PPS 2. "Non-marketable Parcel" of PPS 2 means a parcel of PPS 2 registered in the same name or same joint names, the aggregate Face Value of which is less than NZ$5,000 or is not a multiple of NZ$1,000. Face Value: NZ$1.00 per PPS 2 Supervisor: Not applicable Lead Manager: Bank of New Zealand, Craigs Investment Partners and Forsyth Barr Limited Trust Deed Dated: N/A Issue Date: Wednesday, 21 August 2024 Registrar: Computershare Investor Services Limited Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Thursday, 22 August 2024 Mark Peterson Chief Executive Officer NZX Limited 09 08 24