# ANZ SUSTAINABLE DEVELOPMENT GOALS BONDS
## USE OF PROCEEDS AND IMPACT REPORT
## AS AT 30 SEPTEMBER 2024

***

# IMPORTANT NOTICES

1. This document has been prepared by Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) (“ANZ”) for the information of intended recipients only. This document is intended to be general background information on ANZ’s and its affiliates’ business current at the date of this document. This document is being given solely for information purposes. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. All such representations and warranties, express or implied, are excluded to the extent permitted by law.

2. This document does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire any notes, securities or other financial products ("Securities") of ANZ or any other person in any jurisdiction or an inducement to enter into investment activity or to effect any transaction or to conclude any legal act of any kind.

3. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession it and any document or other information referred to in it comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This document is not directed at, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Without limiting the foregoing, this document is not for release, publication or distribution in whole or in part in or into the United States of America.

4. The material in this document is not intended to be and should not be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered with professional advice when deciding if an investment is appropriate. This document does not constitute financial product advice. Investors and prospective investors are required to make their own independent investigation and appraisal of the business and financial condition of ANZ, the nature of any Securities and any tax, legal, accounting and economic considerations relevant to an investment in any Securities. All investments entail risk and may result in both profits and losses. Neither ANZ nor any of its affiliates warrant, guarantee or stand behind the performance of any Securities. ANZ and its affiliates shall not have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with the document.

5. The information contained in this document is provided as at the date of this document and is subject to change without notice. Neither ANZ nor any of its affiliates intends or has any duty or obligation to supplement, amend, update or revise any of the information contained in this document, in particular, any forward-looking statements. Further, indications of past performance will not necessarily be repeated in the future and should be treated with appropriate caution.

6. This document may contain forward-looking statements or opinions including statements and opinions regarding ANZ’s intent, belief or current expectations with respect to ANZ’s business operations, market conditions, results of operations and financial condition, capital adequacy, sustainability objectives or targets, specific provisions and risk management practices and transactions that the ANZ is undertaking or may undertake. Those matters are subject to risks and uncertainties that could cause the actual results and financial position of ANZ to differ materially from the information presented herein. When used in this document, the words ‘forecast’, ‘estimate’, 'goal', 'target', 'indicator', 'plan', 'pathway', 'ambition', 'modelling', ‘project’, ‘intend’, ‘anticipate’, ‘believe’, ‘expect’, ‘may’, ‘probability’, ‘risk’, ‘will’, ‘seek’, ‘would’, ‘could’, ‘should’ and similar expressions, as they relate to ANZ and its management, are intended to identify such forward looking statements or opinions. Those statements and opinions are usually predictive in character; or may be affected by inaccurate assumptions or unknown risks and uncertainties; or may differ materially from results ultimately achieved. As such, these statements and opinions should not be relied upon when making investment decisions. There can be no assurance that actual outcomes will not differ materially from any forward-looking statements or opinions contained herein. These statements and opinions only speak as at the date of publication and no representation is made as to their correctness on or after this date. ANZ does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

7. This document may contain climate-related statements, including in relation to climate-related risks and opportunities, climate-related goals and ambitions, climate scenarios, emissions reduction pathways and climate projections. While the statements were prepared in good faith, climate-related statements are subject to significant uncertainty, challenges and risks that may affect their usefulness, accuracy and completeness, including:
- **Availability and reliability of data** – emissions and climate-related data may be incomplete, inconsistent, unreliable or unavailable (including information from ANZ’s clients), and it may be necessary to rely on assumptions, estimates or proxies where that is the case.
- **Uncertain methodologies and modelling** – methodologies, frameworks and standards used for calculations of climate-related metrics, modelling and climate data are not universally applied, are rapidly evolving and subject to change. This may impact the data modelling, approaches, and targets used in preparation of this presentation.
- **Complexity of calculations and estimates** – Estimating financed or facilitated emissions (including allocating emissions to banking activities) and emissions reduction is complex and relies on assumptions and judgments, often made in respect of long periods of time.
- **Changes to climate-related governing frameworks** – changes to climate-related policy, laws, regulations and market practices, standards and developments, including those resulting from legal proceedings and regulatory investigations.
- **Lack of consistency in definitions and climate-science terminology subject to changes** – definitions and standards for climate-related data and assessment frameworks used across industries and jurisdictions may vary, and terminology and concepts relating to climate science and decarbonisation pathways may evolve and change over time. These inconsistencies and changes can also make comparisons between different organisations’ climate targets and achievements difficult or inappropriate.
- **Reliance on third parties for data or involvement** – ANZ may need to rely on assistance, data or other information from external data and methodology providers or other third parties, which may also be subject to change and uncertainty. Additionally, action and continuing participation of third parties, such as stakeholders, may be required (including financial institutions and governmental and non-governmental organisations).

Due to these uncertainties, challenges and risks, statements, assumptions, judgments, calculations, estimates or proxies made or used by ANZ may turn out to be incorrect, inaccurate or incomplete. Investors should conduct their own independent analysis and not rely on the information for investment decision-making.

8. ANZ may report and describe in this document certain non-GAAP financial measures of ANZ. Non-GAAP financial measures are not calculated in accordance with International Financial Reporting Standards (“IFRS”). Non-GAAP financial measures should be considered in addition to, and not as substitutes for or superior to, financial measures of financial performance or financial position prepared in accordance with IFRS.

9. This document may contain data sourced from and the views of independent third parties. In replicating such data in this document, ANZ makes no representation, whether express or implied, as to the accuracy of such data. The replication of any views in this document should be not treated as an indication that ANZ agrees with or concurs with such views.

10. No assurance is given by ANZ that the use of the proceeds from any Securities ("Relevant Proceeds") will satisfy, whether in whole or in part, any present or future investor expectations or requirements as regards any investment criteria or guidelines with which such investor or its investments are required to comply.

11. There can be no assurance that relevant eligible assets and eligible expenditures will be capable of being implemented in or substantially in such manner and/or in accordance with any timing schedule or at all or with the results or outcome as originally expected or anticipated by ANZ and, accordingly, there is no assurance that the Relevant Proceeds will be totally or partially allocated to such eligible assets or eligible expenditures.

12. No assurance is given that the use of proceeds will satisfy any present or future investment criteria or guidelines with which an investor is required, or intends, to comply, in particular with regard to any direct or indirect environmental or sustainability impact of any eligible assets and eligible expenditures under ANZ's "ANZ SDG Bond Framework".

13. No assurance or representation is given as to the suitability or reliability for any purpose whatsoever of any opinion, assurance or certification of any third party (whether or not solicited by ANZ) which may be made available in connection with any Securities described in this document and in particular with any eligible assets to fulfil any environmental, sustainability and/or other criteria. For the avoidance of doubt, any such opinion, assurance or certification is not, nor should be deemed to be, a recommendation by ANZ or any other person to buy, sell or hold any Securities, may be subject to revision or withdrawal at any time and would only be current as of the date on which it was initially issued. Investors must determine for themselves the relevance of any such opinion, assurance or certification and/or the information contained therein and/or the provider of such opinion, assurance or certification for the purpose of any investment in any Securities.

14. Information contained in or otherwise accessible through the websites mentioned in this document does not form part of this document.

***

# INTRODUCTION TO ANZ SDG BONDS

This report provides an update to investors as at 30 September 2024, on the use of proceeds and impact of the Australia and New Zealand Banking Group Limited (“ANZ”) Sustainable Development Goals Bonds (“SDG Bonds”).

This report should be read in conjunction with the ANZ SDG Bond Framework dated August 2020$^1$ (“Framework”). Undefined capitalised terms have the meaning given in the Framework, unless the context otherwise requires.

As at 30 September 2024, ANZ had on issue four SDG Bonds with an aggregate principal amount of 5.61 billion (AUD equivalent$^2$).

ANZ has issued, and may, from time to time, issue other bonds, notes or debt securities and use their proceeds of issue to finance or refinance Eligible Assets (“Other SDG Securities”). ANZ may, from time to time, re-allocate or apportion at its discretion Eligible Assets among the SDG Bonds and Other SDG Securities.

## ANZ SDG Bonds issuance timeline

```mermaid
timeline
    title ANZ SDG Bonds on issue as at 30 September 2024
    2018 : FEB 18 : SDG Bond 1 (MATURED 21 Feb 2023)
    2019 : NOV 19 : SDG Bond 2 (EUR 1B)
    2020 : AUG 20 : SDG Bond 3 (AUD 1.25B)
    2021 : JAN 21 : SDG Bond 4 (EUR 750M)
    2023 : JAN 23 : SDG Bond 5 (EUR 1B)
```

| | SDG Bond 1 | SDG Bond 2$^3$ | SDG Bond 3 | SDG Bond 4 | SDG Bond 5 |
| :--- | :--- | :--- | :--- | :--- | :--- |
| **Issued** | MATURED 21 Feb 2023 | EUR 1B | AUD 1.25B | EUR 750M | EUR 1B |
| **Format** | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
| **Maturity** | - | 21 Nov 2029 | 26 Feb 2031 | 5 May 2031 | 3 Feb 2033 |
| **Optional redemption date** | - | 21 Nov 2024 | 26 Feb 2026 | 5 May 2026 | 3 Feb 2028 |
| **AUD issuance proceeds** | 1.62B | 1.25B | 1.19B | 1.55B | - |
| **ISIN** | XS2082818951 | AU3FN0055687 | XS2294372169 | XS2577127967 | - |

$^1$ Version 3 of the ANZ SDG Bond Framework, available here: [anz.com/content/dam/anzcom/debtinvestors/anz9059-anz-sdg-bond-framework-august-2020.pdf](http://anz.com/content/dam/anzcom/debtinvestors/anz9059-anz-sdg-bond-framework-august-2020.pdf).
$^2$ For SDG Bonds issued in a currency other than AUD, proceeds are swapped back to AUD at the time of issuance. The AUD proceeds from this swap are recorded as the AUD equivalent proceeds for the SDG Bond.
$^3$ SDG Bond 2 was redeemed on 21 November 2024, after the date at which this report is dated.

***

# Historical volume of Eligible Assets and SDG Bonds$^3$ (AUD equivalent)

100% of proceeds from ANZ’s SDG Bonds were allocated to Eligible Assets at each issuance, and remain fully allocated as at 30 September 2024.

The following chart shows the total volume (AUD M) of Eligible Assets as at 30 September 2024 and as at past reporting periods.

(Chart visualization in PDF)

$^3$ SDG Bond 2 was redeemed on 21 November 2024, after the date at which this report is dated.

***

# ANZ AND THE SUSTAINABLE DEVELOPMENT GOALS

On 1 January 2016, the United Nations Sustainable Development Goals$^4$ (“SDGs”) came into effect. The 17 goals and 169 targets are aimed at addressing global challenges, including those related to poverty, inequality, climate change and environmental degradation by 2030.

ANZ supports the SDGs and believes that business has an important role to play in their achievement.

In 2019, ANZ became a founding signatory to the UN Principles for Responsible Banking (the “Principles”). Under the Principles, ANZ’s ultimate parent entity, ANZ Group Holdings Limited (ABN 16 659 510 791) (“ANZGHL” and, together with its subsidiaries, the “Group”) is required to set at least two targets located in ANZGHL’s 2024 ESG Supplement and set out in ANZGHL’s UN Principles for Responsible Banking Self-Assessment available at [anz.com.au/esgreport](http://anz.com.au/esgreport) that address ANZGHL’s most significant positive and negative impacts aligned with the SDGs and the Paris Agreement$^5$.

ANZGHL has reported the Group’s progress towards implementing the Principles using the Reporting and Self-assessment Index, available in its ESG Data and Frameworks pack at [anz.com.au/esgreport](http://anz.com.au/esgreport).

As an issuer of SDG Bonds, ANZ demonstrates alignment with the SDGs through use of proceeds and impact reporting, in addition to reporting progress towards implementing the Principles using the Reporting and Self-assessment Index, available in the 2024 ESG Data and Frameworks pack.

Through the ongoing management of the Framework, ANZ continues to develop its strategy to be a leader in the development of green and sustainable capital markets.

$^4$ The SDGs are a collection of 17 non-legally binding, interlinked global goals produced by the UN for countries and governments. The SDGs are included to show how ANZ’s strategy supports the SDGs. ANZ makes no representation, warranty, or assurance of any kind, express or implied and takes no responsibility or liability as to whether ANZ’s strategy furthers the objectives or achieves the purpose of the indicated SDG. Further information on the SDGs can be found at [un.org/sustainabledevelopment/](https://un.org/sustainabledevelopment/). The content of this publication has not been approved by the United Nations and does not reflect the views of the United Nations or its officials or Member States.
$^5$ Paris Agreement: A legally binding international treaty on climate change adopted at the UN Climate Change Conference (COP21) in Paris in 2015. Its overarching goal is to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels”.

***

# ANZ ESG REPORTING

The Group produces a suite of reports to meet the needs and requirements of a wide range of stakeholders including shareholders, customers, employees, regulators, non-government organisations and the community.

The 2024 ESG Supplement, 2024 ESG Data and Frameworks Pack and 2024 Climate-related Financial Disclosures complement ANZGHL’s 2024 Annual Report and are available at [anz.com/esgreport](http://anz.com/esgreport). Details of KPMG’s assurance, including the approach taken and conclusions, is provided within KPMG’s assurance statement on pages 75-76 of the 2024 ESG Supplement, pages 117-119 of the 2024 Climate-related Financial Disclosures and [here](http://anz.com.au/esgreport) for the United Nations Principles for Responsible Banking.

ANZGHL’s ESG Supplement outlines the Group’s purpose and values; approach to ESG governance and risk management; approach to the identification and prioritisation of material issues; stakeholder engagement and ESG targets. It also outlines the Group’s management of material ESG issues aligning with its focus areas of ethics, conduct and culture; environmental sustainability; housing; financial wellbeing; customer experience; information security; as well as other ESG issues that are of interest to ANZGHL’s investors and stakeholders.

ANZGHL’s 2024 Climate-related Financial Disclosures describe the Group’s progress towards implementing its Climate Change Commitment and how ANZGHL has been supporting ANZGHL’s customers to date. This lays the foundation for ANZGHL to deliver on ANZGHL’s five year Climate and Environment Strategy, approved in October 2024 to support an effective and orderly transition in coming years. See the 2024 Climate-related Financial Disclosures for further details at [anz.com/esgreport](http://anz.com/esgreport).

The Climate-related Financial Disclosures are prepared in accordance with the Task Force on Climate-related Financial Disclosures recommendations 2021 (TCFD). ANZ joined the Net-Zero Banking Alliance (NZBA) in 2021 and the 2024 Climate-related Financial Disclosures set out how the Group is taking action in line with this commitment.

ANZGHL’s 2024 Corporate Governance Statement discloses how it has complied with the recommendations of the Australian Securities Exchange (ASX) Corporate Governance Council throughout the 2024 financial year and is available at [anz.com/corporategovernance](http://anz.com/corporategovernance).

Some of ANZ’s general 2024 ESG performance highlights (which may not directly relate to the use of proceeds and impact of ANZ’s SDG bonds currently on issue) and steps the Group is taking as it looks to build on its ESG approach include:

- $38.96 billion funded and facilitated in social and environmental activities through customer transactions and direct investments against the $100 billion target by 2030 (since 1 April 2023)$^6$.
- Implementing a new phase of the Large Emitter Engagement Program (ANZ’s ‘LEEP’$^7$).
- Foundational steps taken towards strengthening ANZ’s approach to climate risk.
- Over $6 billion funded and facilitated since 2018 towards ANZ’s $10 billion target to deliver more affordable, accessible and suitable homes to buy and rent in Australia and New Zealand.
- More than 122,000 participants in the long running financial education programs – Saver Plus, MoneyMinded and MoneyBusiness in 2024.
- 47% of ANZ Plus customers have engaged with financial wellbeing features including savings goals, card controls, and Round Ups.
- Stopped more than $140 million going to criminals from scams and fraud.

In addition, the five-year Climate and Environment (C&E) Strategy approved by the ANZGHL Board in October 2024, is set out within ANZGHL’s Climate-related Financial Disclosures.

Please refer to [anz.com/esgreport](http://anz.com/esgreport) for the following reports:
- ANZ 2024 ESG Investor Discussion Pack
- ANZ 2024 ESG Supplement
- ANZ 2024 Climate-related Financial Disclosures
- ANZ 2024 ESG Data & Frameworks pack
- ANZ 2024 Social & Environmental Sustainability Target Methodology
- ANZ 2024 Climate Change Commitment
- ANZ 2024 Energy Customer Approach

$^6$ Refer also to the ANZ Social and Environmental Sustainability Target Methodology available at [anz.com/esgreport](http://anz.com/esgreport).
$^7$ The Large Emitters Engagement Program (LEEP) is ANZ’s signature customer engagement program, which provides the framework for engaging with LEEP customers on their transition plans. Further information is available in our Climate-related Financial Disclosures available at [anz.com/esgreport](http://anz.com/esgreport).

***

# ANZ SDG BOND FRAMEWORK

The Framework was developed in line with the 2018 or 2020 versions of the International Capital Market Association’s (“ICMA”) Green Bond Principles (“GBP”), Social Bond Principles (“SBP”), and related Sustainability Bond Guidelines (“SBG”), as relevant.$^8$

The proceeds of the SDG Bonds have been used to finance or refinance assets that align with ANZ’s Eligible Categories and that promote any of the 11 SDGs which ANZ selected. ANZ recommends this report be read in conjunction with the Framework, which is available on the ANZ Debt Investor Centre website.

$^8$ The International Capital Market Association ("ICMA") published documents entitled "The Social Bond Principles 2020" as at June 2020, "The Sustainability Bond Guidelines 2018" as at June 2018 and "The Green Bond Principles 2018" as at June 2018 (together, the "2018/2020 ICMA Documents"). ICMA’s current versions are "The Social Bond Principles 2023" as at June 2023, "The Sustainability Bond Guidelines 2021" as at June 2021 and "The Green Bond Principles 2021 (with June 2022 Appendix 1)" as at June 2022 (together, the "Current ICMA Documents"). ANZ updated its ANZ SDG Bond Framework in November 2024. However, as this report relates to the year ended 30 September 2024, this report has been prepared in accordance with the ANZ SDG Bond Framework dated August 2020 which was prepared in line with the 2018/2020 ICMA Documents.

***

# ALLOCATION OF BOND PROCEEDS

The proceeds from ANZ’s SDG Bonds on issue have been fully allocated to Eligible Assets which align with eight of the eleven selected SDGs. There are no unallocated proceeds. The following charts illustrate the breakdown of Eligible Assets as at 30 September 2024.

### Allocation of proceeds by loan (30 September 2024)
- 65.0% Corporate Loan
- 33.4% Project Finance
- 1.6% ANZ Expenditure

- 52.4% Green Loan
- 4.9% Sustainability Loan
- 1.8% Social Loan
- 1.1% Sustainability-Linked Loan
- 39.8% Non-labelled Loan

### Allocation of proceeds by location (30 September 2024)
- 76.9% Australia
- 8.8% USA
- 5.3% UK
- 2.5% Hungary
- 1.5% New Zealand
- 1.5% Hong Kong
- 1.2% Taiwan
- 1.1% Singapore
- 0.7% Germany
- 0.4% India

### Allocation of proceeds by Green and Social categories (30 September 2024)
- 76.3% Green
- 23.7% Social

### Allocation of proceeds by SDG (30 September 2024)
- 44.4% Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
- 24.0% Ensure access to affordable, reliable, sustainable and modern energy for all
- 13.1% Ensure healthy lives and promote well-being for all at all ages
- 9.0% Make cities and human settlements inclusive, safe, resilient and sustainable
- 8.2% Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
- 0.9% Ensure availability and sustainable management of water and sanitation for all
- 0.4% Reduce inequality within and among countries

### Important Notes
- With the exception of SDG 10, the impact figures presented in this report are “gross figures” per project, rather than apportioned based on ANZ’s lending to the project. This means that the impact of ANZ’s lending is lower than, and a portion of, these figures.
- The volume of Eligible Assets is as at 30 September 2024, and is sourced from ANZ’s SDG Bond Asset Register.
- There is no link between the Eligible Assets and the SDG Bonds themselves, as set out in the pricing supplements for the SDG Bonds, dated 21 November 2019, 19 August 2020, 27 January 2021 and 1 February 2023.
- Figures and percentages related to bond proceeds may not be equal to the stated totals or 100% due to rounding.
- A reference to “proceeds” of SDG Bonds is a reference to an amount equal to the proceeds of the SDG Bonds.

***

# USE OF PROCEEDS SUMMARY AS AT 30 SEPTEMBER 2024

| SDG | SDG Target | GBP/SBP Project Category | Eligible Asset | Aggregate Asset Volume (AUD million) | % of Eligible Assets |
| :--- | :--- | :--- | :--- | :--- | :--- |
| 3 | 3.4, 3.5, 3.8 | Access to essential services | Hospital, Aged care, Specialist disability accommodation | 1,510.99 | 13.1% |
| 4 | 4.3, 4.4, 4.5 | Access to essential services, Socioeconomic advancement and empowerment | Schools, Tertiary educational, Tertiary educational student housing | 937.41 | 8.2% |
| 6 | 6.1 | Sustainable water and wastewater management | Drinking water | 104.35 | 0.9% |
| 7 | 7.2, 7.b | Renewable energy, Energy efficiency | Renewable energy generation and infrastructure – wind, solar and battery storage, Smart meters | 2,755.75 | 24.0% |
| 8 | 8.3 | Employment Generation | Employment Services | 0.18 | 0.0% |
| 9 | 9.4 | Green buildings | Buildings with green standard | 5,105.21 | 44.4% |
| 10 | 10.2 | Socioeconomic advancement and empowerment | Financial education programs | 48.68 | 0.4% |
| 11 | 11.1, 11.2 | Affordable housing, Affordable basic infrastructure, Clean transportation | Social and affordable housing, Lower carbon transportation facilities | 1,029.19 | 9.0% |
| **Total** | | | | **11,491.76** | **100%** |

***

# IMPACT HIGHLIGHTS

Examples that illustrate the impacts to which the Eligible Assets have contributed as at 30 September 2024 are included below:

- **HOSPITAL**: Operation of 6 public hospitals and 39 not-for-profit hospitals in Australia, collectively providing 6,886 beds.
- **SPECIALIST DISABILITY ACCOMMODATION**: Operation of 185 specialist disability accommodation homes in Australia (506 beds), and the construction of 100 specialist disability accommodation homes composed of 349 beds.
- **RENEWABLE ENERGY**: Generation of approximately 18,437GWh$^9$ resulting in 9,896 ktCO$_2$ equivalent in avoided emissions per annum$^{10}$, which is equivalent to meeting electricity needs of approximately 3 million local residents.$^{11}$
- **FINANCIAL EDUCATION PROGRAMS**:
    - **MoneyMinded**: Delivery of ANZ’s flagship financial education program. As at 30 September 2024, more than 1 million people have participated in MoneyMinded, including MoneyBusiness, since 2002, with 118,021 participating in 2024.
    - **Saver Plus**: Operation of the matched savings and financial education program. As at 30 September 2024 more than 62,000 Australians had participated in Saver Plus since 2003 who have saved more than $31 million and received more than $26 million in matched savings from ANZ for education costs.

***

# IMPACT REPORTING AS AT 30 SEPTEMBER 2024

## SDG Target 3.4, 3.5, 3.8
- **GBP/SBP Project Category**: Access to essential services
- **Location**: Australia: ACT, NSW, QLD, SA, TAS, VIC, WA
- **Eligible Asset**: Hospital, Aged care, Specialist disability accommodation
- **Impacts**: Operation of 6 public hospitals and 39 not-for-profit hospitals in Australia, collectively providing 6,886 beds. Operation of 194 aged care homes in Australia comprising of 20,394 beds. Operation of 185 specialist disability accommodation homes in Australia compose of 506 beds and the construction of 100 specialist disability accommodation homes composed of 349 beds.

## SDG Target 4.3, 4.4, 4.5
- **GBP/SBP Project Category**: Access to essential services, Socioeconomic advancement and empowerment
- **Location**: Australia: ACT, NSW, SA, VIC, WA
- **Eligible Asset**: Schools, Tertiary educational, Tertiary educational student housing
- **Impacts**: Construction and operation of 22 schools in Australia with enrolments of 20,682 primary and high school students in 2024. Operation of one Australian university with enrolments of more than 74,000 students. Operation of 18 residences offering accommodation for more than 8,250 domestic and international university students across 4 Australian universities.

***

## SDG Target 6.1
- **GBP/SBP Project Category**: Sustainable water and wastewater management
- **Location**: Australia
- **Eligible Asset**: Drinking water
- **Impacts**: Operation of 2 reverse osmosis desalination plants, contributing to the supply of potable drinking water for around 10 million Australians. Collectively the plants have a current production capacity of ~240GL (240 billion litres) of desalinated water per annum.

## SDG Target 7.2, 7.B
- **GBP/SBP Project Category**: Renewable energy
- **Location**: Australia: NSW, QLD, SA, TAS, VIC, WA, India, New Zealand, Singapore, Taiwan, UK, Europe, USA
- **Eligible Asset**: Renewable energy generation – wind, solar and battery storage, Energy efficiency
- **Impacts**: Financing of 318 large scale renewables projects. Includes 216 operational wind farms (total capacity 9,350MW) and 60 operational solar farms (total capacity 2,186MW). Also includes development projects with a total generation capacity of 14,005MW. Over 12 months, the portfolio generated approximately 18,437GWh$^9$ of electricity, resulting in 9,896 ktCO$_2$ equivalent in avoided emissions per annum. Also includes financing for manufacturing, installation, leasing and operation of smart meters (40,000+ new smart meters per month as of 2023).

## SDG Target 8.3
- **GBP/SBP Project Category**: Employment Generation
- **Location**: Australia (delivered in Australia, NZ, Asia, Europe, UK, USA and Canada)
- **Eligible Asset**: Employment Services
- **Impacts**: Over 1.1 million participants seeking employment supported through support services. In addition, more than 29,000 people with disability placed into sustainable employment.

***

## SDG Target 9.4
- **GBP/SBP Project Category**: Green buildings
- **Location**: Australia: ACT, NSW, QLD, SA, VIC, WA, Hong Kong, New Zealand
- **Eligible Asset**: Buildings with green standard
- **Impacts**: Financing development or operation of 105 buildings. Operation of 88 commercial office buildings and 2 shopping centres in Australia (NABERS weighted average 5.39 stars). Greenhouse gas emissions intensity has decreased by 29.9% since 2018. Estimated greenhouse gas emissions avoided is 52,207,624 kg CO$_2$. Construction of 6 commercial office buildings, 2 residential towers (196 net zero-ready apartments), 1,370 dwellings, and a convention/event centre. Operation of 2 commercial office buildings outside Australia (Hong Kong, New Zealand) rated LEED Platinum and 6 Green Star.

***

## SDG Target 10.2
- **GBP/SBP Project Category**: Socioeconomic advancement and empowerment
- **Location**: Australia (delivered in Australia, NZ, Asia and the Pacific)
- **Eligible Asset**: Financial education programs
- **Impacts**: Delivery of MoneyMinded. Over 1 million people have participated since 2002, with 118,021 participating in 2024. Operation of Saver Plus program: more than 62,000 Australians have participated since 2003, saving over $31 million and receiving over $26 million in matched savings from ANZ.

## SDG Target 11.1, 11.2
- **GBP/SBP Project Category**: Affordable housing, Affordable basic infrastructure, Clean transportation
- **Location**: Australia: ACT, NSW, QLD, VIC, Hungary, Germany
- **Eligible Asset**: Social and affordable housing, Lower carbon transportation facilities
- **Impacts**: Operation of 437 and construction of 468 dwellings for social and affordable housing. Operation of 3 metro projects in Australia (carrying passengers on 80 million+ journeys annually across 64km of track). Development of 3 metro projects (40 million+ passengers annually over additional 80km of track). Financing of battery plant (30 GWh capacity, enough for 430,000 EVs per year). Financing of 49 Zero Emission Buses in Australia, fully electric vehicles in Europe, and electric vehicle parts in the U.S.A.

***

# CASE STUDY FROM THE ELIGIBLE ASSET POOL

- **ACEN (Ayala Group) – Australia**: ACEN Corporation is the listed energy platform of Ayala Group. In February 2024 ANZ provided a $75 million, 4 year Green Loan$^{15}$ to the subsidiary, ACEN Australia, for funding of renewable energy projects in Australia. The cover page to this Impact Report shows the ACEN New England Solar Farm.
- **Clearway Energy – USA**: ANZ acted as Sole Green Loan Coordinator and Joint Lead Arranger for five green project financing deals$^{16}$ for Clearway Energy Group LCC:
    1. 140MW Rosamond South Solar and 117MW Battery Storage project located in California;
    2. 114MW Daggett 1 Battery Storage project located in California;
    3. 200MW Luna Valley Solar project located in California;
    4. 55MW Dan’s Mountain Windfarm project located in Maryland; and
    5. 300MW Pine Forest Solar and 200MW Battery Storage project located in Texas. Clearway owns and operates a portfolio of wind, solar and energy storage installations, producing ~6.5GW of generated energy.

***

# NOTES

**1. Impact Reporting:** ANZ wishes to highlight and draw investors’ attention to the fact that the impact figures above, other than in respect of SDG 10, have been analysed and recorded at the project/borrower/asset level for the purposes of aggregation and have not been apportioned in accordance with the volume of ANZ’s lending to each project.

**2. Assurance:** ANZ procured a reasonable assurance report dated 21 January 2025 (the "EY Assurance") from Ernst & Young ("EY") confirming that, in EY's opinion, ANZ’s post-issuance process in relation to its SDG Bonds, and its Impact Report meets the requirements of the Current ICMA Documents in all material respects.

**3. Undisclosed Borrowers:** Except in the section “Case Study from the Eligible Asset Pool”, borrower names are not disclosed in this report due to confidentiality restrictions.

**4. Framework:** This report has been prepared in accordance with version 3.0 of the ANZ SDG Bond Framework, published August 2020. The current and preceding versions of the ANZ SDG Bond Framework can be found on the ANZ Debt Investor Centre website.

### Investor Feedback
ANZ is committed to transparency of reporting and disclosure in the Green, Social and Sustainability Bond market and we welcome investor feedback on the contents of this and future reports.

### Key contacts
- **David Goode**, Head of Debt Investor Relations: +61 410 495 399, [David.Goode@anz.com](mailto:David.Goode@anz.com)
- **Scott Gifford**, Head of Group Funding: +61 434 076 876, [Scott.Gifford@anz.com](mailto:Scott.Gifford@anz.com)
- **General mailbox**: [DebtIR@anz.com](mailto:DebtIR@anz.com)