ASB 2025 Half Year Financial Results Media Release

ASB 2025 Half Year Financial Results Media Release Financial overview Compared to six months to June 2024 (cash basis) • Total lending increased $2.6 billion or 2% to $112 billion • Total customer deposits increased $2.3 billion or 3% to $85 billion • Impairment losses on financial assets decreased $43 million or 72% to $17 million Compared to the December 2023 prior comparative period (cash basis) • Total lending increased $4.0 billion or 4% to $112 billion • Total customer deposits increased $3.4 billion or 4% to $85 billion • Impairment losses on financial assets increased $7 million or 70% to $17 million • Net interest margin increased 9 basis points from 2.21% to 2.30% • Cost to income ratio increased 140 basis points to 40.7% Compared to December 2023 prior comparative period (stat basis) • NPAT increased 2% to $763 million • Return on equity decreased 60 basis points to 13.5% ENDS Released by: Hannah Searle ASB Corporate Affairs 027 280 5450 Hannah.Searle@asb.co.nz