Additional Tier 1

Conversion upon Trigger Event

If a Trigger Event occurs, the Notes shall be converted, in whole and not in part, into new fully paid Ordinary Shares of the Issuer (the “Conversion Shares”), based on the Conversion Ratio, on the date specified in the Conversion Notice as the date on which the Conversion shall take place (the “Conversion Date”).

The “Conversion Ratio”, as determined in respect of each Calculation Amount (i.e., the Specified Denomination) in principal amount of the Notes subject to Conversion, shall (subject to Conditions 5.2.2.3 and 5.2.2.4) be:

(a) if the Current Market Price of an Ordinary Share is capable of being determined in accordance with the definition thereof, the lower of (i) the result (rounded to the nearest integral multiple of 0.0001 Ordinary Share (with 0.00005 being rounded up)) of the Calculation Amount divided by the Current Market Price of an Ordinary Share and (ii) the Maximum Conversion Ratio in effect on the Conversion Notice Date; or

(b) if the Current Market Price of an Ordinary Share is not capable of being determined in accordance with the definition thereof, as per paragraph (a) above, the Maximum Conversion Ratio in effect on the Conversion Notice Date.

“Maximum Conversion Ratio” means initially 2,323.1340 Ordinary Shares per Calculation Amount (being the Calculation Amount divided by the initial Floor Price, rounded down to the nearest integral multiple of 0.0001 Ordinary Share), subject to adjustment from time to time pursuant to Condition 5.2.4.

“Floor Price” means (i) (initially) AUD86.0906 per Ordinary Share (being €48.272168 per Ordinary Share (corresponding to 70% of the arithmetic average of the daily Volume Weighted Average Prices of an Ordinary Share on each of the five (5) consecutive Trading Days immediately preceding the pricing date of the Notes (i.e., 25 November 2025)), converted into Australian dollars at the Prevailing Rate on 24 November 2025 and rounded up to the nearest integral multiple of AUD 0.0001), or (ii) upon any adjustment to the Maximum Conversion Ratio pursuant to Condition 5.2.4 at any time, such amount as is equal to the Calculation Amount divided by the Maximum Conversion Ratio in effect at such time.

This summary should be read together with Condition 5.2 (Conversion of Convertible Notes), detailing, among other things, the Conversion and settlement procedures and the adjustments that may be made to the Maximum Conversion Ratio.

Trigger Event: If, at any time, the Group CET1 Ratio is less than 5.125 per cent.

Statutory Write-Down or Conversion

By its acquisition of the Notes, each Noteholder (which includes any current or future holder of a beneficial interest in the Notes) acknowledges, accepts, consents, and agrees to be bound by the effect of the exercise of the Bail-in or Loss Absorption Power (as defined in Condition 16 (Statutory Write-Down or Conversion)) by the Relevant Resolution Authority (as defined in Condition 16 (Statutory Write-Down or Conversion)).

For the avoidance of doubt, this is in addition to the Conditions that provide for a Write-Down or a Conversion, as described under “Write-Down of Write-Down Notes” and “Conversion of Convertible Notes”. The Bail-in or Loss Absorption Power may also be exercised by the Relevant Resolution Authority even if the Group CET1 Ratio remains equal to or above 5.125%.