ANZ completes acquisition of Suncorp Bank

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791

News Release
For Release: 31 July 2024

ANZ completes acquisition of Suncorp Bank

ANZ today confirmed it has completed its acquisition of Suncorp Bank.

ANZ Chief Executive Officer Shayne Elliott said: “Today is an exciting day for the ANZ
Group, as we complete our acquisition of Suncorp Bank.

“This strategically important acquisition boosts our presence in Queensland, adds scale to
our Retail and Commercial businesses, and means we can compete more effectively across
the Australian market.

“Tomorrow we will welcome the roughly 3,000 strong Suncorp Bank team and their 1.2
million customers into the ANZ Group.

“Suncorp Bank customers will continue to receive the same great service, from the same
exceptional Suncorp Bank staff. Over time, we will make available to them ANZ’s newest
technology, giving them access to the very latest in banking services.

“Our acquisition demonstrates our commitment to Queensland and Queenslanders. We look
forward to playing our part to help Queensland to continue to grow and prosper,” Mr Elliott
said.

Completion of the acquisition follows the commencement of Queensland legislation
amending the Metway Merger Act today, approval of the acquisition by the Federal
Treasurer on 28 June 2024 and authorisation under Australia’s competition laws by the
Australian Competition Tribunal on 20 February 2024.


For media enquiries contact:
Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414

Amanda Schultz
Media and Public Relations Manager
Tel: +61 401 532 325
For analyst enquiries contact:
Jill Campbell
Group General Manager, Investor Relations
Tel: +61 412 047 448

Cameron Davis
Executive Manager, Investor Relations
Tel: +61 421 613 819


Approved for distribution by ANZ’s Continuous Disclosure Committee