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For the half year ended 31 December 2025 Commonwealth Bank of Australia Results Presentation and Investor Discussion Pack CONTRIBUTOR BU Owner FULL RUN NOTES Sign-off ASB Economics MM 9-Jan SUBMITTED ASB Finance MR 9-Jan SUBMITTED Bankwest MR 9-Jan SUBMITTED BB Finance MM 9-Jan SUBMITTED BB Strategy MR 9-Jan SUBMITTED Capital See table SUBMITTED Car buying & Travel Booking MR Car Buying 9-Jan Travel Booking 12-Jan Car Buying: Submitted Travel Booking: Submitted CDAO / AI 9-Jan SUBMITTED Collections AM 9-Jan SUBMITTED CommSec MM 9-Jan SUBMITTED ConnectID 9-Jan SUBMITTED CSN MR 9-Jan Submitted Engine MR 9-Jan SUBMITTED Cyber/Fraud 9-Jan SUBMITTED Digital MR 9-Jan Partially submitted Yello MR 9-Jan SUBMITTED Disputes MR 9-Jan SUBMITTED Economics 1st Drop: 14 Jan Feb Drop 1: SUBMITTED ETP 9-Jan Submitted – pending Everyday Investing MM 9-Jan SUBMITTED Group Finance 9-Jan Group Funding 9-Jan SUBMITTED Group Provisioning Drop 1: 13 Jan Drop 2: 16 Jan Drop 1: SUBMITTED Drop 2: SUBMITTED Group Strategy 9-Jan SUBMITTED Group Tax MM 12-Jan SUBMITTED HB - Credit Risk MM 9-Jan SUBMITTED HB - Retention MR 9-Jan SUBMITTED Helia MR 9-Jan SUBMITTED HL & TAs MR 9-Jan SUBMITTED Home Buying MM 9-Jan SUBMITTED IB&M Finance 9-Jan SUBMITTED Investor Relations 9-Jan Legal MR 9-Jan SUBMITTED Liquidity Drop 1: 13 Jan Drop 2: 15 Jan Drop 1: SUBMITTED Drop 2: SUBMITTED M&A 9-Jan SUBMITTED QR Cardless MR 9-Jan SUBMITTED RBS Finance MR – – remaining slides Drop 1: SUBMITTED Drop 2: SUBMITTED RBS Risk 13 Jan SUBMITTED 15-Jan SUBMITTED Research Insights & Reputation MM NPS: 14 Jan MFI : 16 Jan Drop 1: SUBMITTED Risk Reporting 14-Jan SUBMITTED Suppliers MM 9-Jan SUBMITTED Spend Saving slide MM 9-Jan SUBMITTED Tech Strategy MM 14-Jan SUBMITTED X15 MM 9 Jan SUBMITTED Unloan MR 13 Jan SUBMITTED For personal use only
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2 Important information The material in this presentation is general background information about the Group and its activities current as at the date of this presentation, 11 February 2026. It is information given in summary form and does not purport to be complete. It is intended to be read by a professional analyst audience, is not intended to 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. Investors should consider these factors, and consult with their own legal, tax, business and/or financial advisors in connection with any investment decision. This presentation contains certain forward-looking statements regarding the financial condition, capital adequacy, operations and business of the Group and certain plans and objectives of the management of the Group. Forward-looking statements can generally be identified by the use of words such as “may”, “will”, “would”, “could”, “expect”, “intend”, “plan”, “aim”, “estimate”, “target”, “anticipate” or other similar words, and include statements regarding the Group’s intent, belief or current expectations with respect to the Group’s business and operations, market conditions, results of operations and financial condition, capital adequacy and risk management. Such forward-looking statements speak only as at the date of this presentation and are provided to assist investors with their understanding of the Group. Past performance is not a reliable indicator of future performance. Although the Group currently believes the forward-looking statements have a reasonable basis, they are not certain and involve known and unknown risks and assumptions, many of which are beyond the control of the Group, which may cause actual results, conditions or circumstances to differ materially from those expressed or implied in such statements. Actual results may vary significantly from those anticipated or suggested by forward-looking statements, due to a range of factors, including but not limited to those outlined in the sections titled ‘Our operating context’ and ‘Managing our risks’ in our 2025 Annual Report, available at commbank.com.au/annualreport. Readers are cautioned not to place undue reliance on forward-looking statements, particularly in light of: current economic conditions, the increasingly complex geopolitical setting, competitive intensity and the evolving technological landscape. To the maximum extent permitted by law, responsibility for the accuracy or completeness of any forward-looking statements, whether as a result of new information, future events or results or otherwise, is disclaimed. The Group is under no obligation to update any of the forward-looking statements contained within this presentation, subject to applicable disclosure requirements. Any forward-looking statements made by members of the Group’s management in connection to this presentation, verbally and in writing, are also subject to the same limitations, uncertainties and assumptions which are set out in this presentation. The material in this presentation does not constitute an offer to sell, or a solicitation of an offer to subscribe or buy, any securities in the United States or in any other jurisdiction in which such an offer would be illegal and this presentation should not be distributed in those jurisdictions. Any securities of the Group to be offered and sold have not been, and will not be, registered under the Securities Act of 1933, as amended (U.S. Securities Act), or the securities laws of any state or other jurisdiction of the United States. Accordingly, any securities of the Group may not be offered or sold, directly or indirectly, in the United States unless they have been registered under the U.S. Securities Act or are offered and sold pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any other applicable U.S. state securities laws. Readers should also be aware that certain financial data in this presentation may be considered “non-Generally Accepted Accounting Principles” (non-GAAP) financial measures under Regulation G of the Securities and Exchange Act of 1934, as amended, and “non-International Financial Reporting Standards” (non-IFRS) financial information under Regulatory Guide 230 ‘disclosing non-IFRS financial information’ published by ASIC, including Net Profit After Tax (“cash basis”), earnings per share (“cash basis”), dividend payout ratio (“cash basis”), and dividend cover (“cash basis”). The disclosure of such “non-GAAP” and “non-IFRS” financial measures in the manner included in this presentation may not be permissible in a registration statement under the U.S. Securities Act. Although the Group believes that these “non-GAAP” and “non-IFRS” financial measures provide a useful means through which to examine the underlying performance of the business, such “non-GAAP” and “non-IFRS” financial measures do not have a standardised meaning prescribed by Australian Accounting Standards or IFRS and therefore may not be comparable to similarly titled measures presented by other entities. They should be considered as supplements to the financial statement measures that have been presented in accordance with the Austr alian Accounting Standards or IFRS and not as a replacement or alternative for them. Readers are cautioned not to place undue reliance on any such measures. This presentation includes credit ratings and is only for distribution to persons who are entitled to receive such a presentation and anyone who receives this presentation must not distribute it to any person who is not entitled to receive it. A credit rating is not a recommendation to buy, sell or hold any securities and may be changed at any time by the applicable credit ratings agency. Each credit rating should be evaluated independently of any other credit rating. Credit ratings are for distribution only to a person (a) who is not a “retail client” within the meaning of section 761G of the Corporations Act 2001 (Cth) and is also a sophisticated investor, professional investor or other investor in respect of whom disclosure is not required under Part 6D.2 or 7.9 of the Corporations Act 2001 (Cth), and (b) who is otherwise permitted to receive credit ratings in accordance with applicable law in any jurisdiction in which the person may be located. The release of this announcement was authorised by the Board. Commonwealth Bank of Australia | Media Release 006/2026 | ACN 123 123 124 | Commonwealth Bank Place South, Level 1, 11 Harbour Street, Sydney NSW 2000 For personal use only
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Contents CEO & CFO presentations 4 Overview & strategy 39 Financial overview 52 Home & consumer lending 71 Business & corporate lending 84 Funding, liquidity & capital 94 Economic overview 118 Sources, glossary & notes 126 For personal use only
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Results p resentation Matt Comyn, Chief Executive Officer For personal use only
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5 This result 1 Customer focus, consistent and disciplined execution 1, 2, 3, 4, 5. Refer to sources, glossary and notes at the back of this presentation for further details. 10c DPS 19c Cash EPS 6% Cash NPAT 5% Statutory NPAT Deposit funding 79% % of total funding Transaction accounts >585k retail accounts3 >85k business accounts Dec 25 vs Dec 24 MFI share 33.5% Retail MFI2 26.9% Business MFI2 Dec 25 CET1 Level 2 12.3% >10.25% APRA minimum5 Dividend per share $2.35 +10c vs 1H25 Cash NPAT $5.4bn 1H264 *Slide 5 1.Variances to prior comparative period on a continuing operations basis. 2.Refer to glossary at the back of this presentation for further details. 3.Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 4.Presented on a continuing operations basis. 5.Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. BTA accounts: Dec 19: 823,703 Dec 24: 1,293,863 Dec 25: 1,379,722 MR For personal use only
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6 Disciplined volume growth Franchise strength Disciplined growth in all key segments – stable margin management through the cycle Prudent margin management MR 1H26 margins by division7 bpts 1. Source: RBA Lending and Credit Aggregates. 2. Source: Based upon RBNZ lending by purpose data. 3. CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). 4. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 5. Based upon RBNZ deposits by sector data. Includes institutional deposits. 6. MADIS – Non-financial Business Deposits (including IB&M). 7. Comparative information has been restated to conform to presentation in the current period. 8. Institutional Banking & Markets NIM including Markets – 1H25: 94bpts and 1H26: 84bpts. 9. ASB Bank only and calculated in NZD. Home lending (Domestic) Growth vs system 12 months to Dec 25 System 1.0x Home lending (New Zealand) 1.3x Business lending (Domestic) 1.3x Household deposits (Domestic) 1.1x Total deposits (New Zealand) 1.2x Business deposits (Domestic) 1.1x 1 32 4 65 250 336 197 235 RBS BB IB&M (ex Markets) ASB bpts vs 1H25 8 9 +3bpts +1bpt +6bptsFlat For personal use only
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7 Sustainable growth Well positioned to organically fund growth MR 1. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) and Monthly Banking statistics (pre-June 2019). 2. Latest reported half year Return on Equity (cash basis). 3. Ten year average of last reported full year return on equity. 4. As reported on a continuing operations basis. 5. As reported excluding notable items. 6. Latest half year Return on Equity excludes significant items. 7. Represents NII and average lending growth for the most recent half year reporting period compared to two years prior. 8. Excludes the impact of bank acquisition undertaken during the period. 9. Reflects the retail banking and financial services business. 8.5%9.0% 9.4% Growth above historical levels Domestic system growth rate1 12 months to Dec 25 6.6% Home lending Loans to non-financial businesses Household deposits Non-financial business deposits 5.6% 6.6% 6.3% 8.4% 10-year CAGR Strong organic capital generation Profitable growth Return on equity2 Change vs 10- year avg3 +0.6% (0.6%) (1.3%) (0.8%) (5.5%) (0.6%) (1.4%) Earnings available for investment & distributions Higher growth CBA Peer 2 Peer 3 Peer 1 Non- major 3 Non- major 2 Non- major 1 13.8% 11.0% 9.7% 9.1% 9.6% 7.1% 6.6% Historical system growth 6 NII & lending growth rate8 2-year CAGR NII growth Lending growth 6% 4% 4% 1% 3% 1% 0% 5% 4% 4% 4% (2%) 5% CBA Peer 3 Peer 2 Peer 1 Non- major 3 Non- major 2 Non- major 1 14% 4 4 5 9 10 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. Refer to sources, glossary and notes at the back of this presentation for further details. 7 For personal use only
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8 5,132 5,120 5,445 1H25 2H25 1H26 Financials 1 Cash NPAT up 6% – strong operational performance, disciplined growth, investment in the franchise 1. Presented on a continuing operations basis. 2. Operating expenses excluding restructuring and notable items. For 1H26 this relates to provisions for the settlement of legal proceedings in NZ, an additional goodwill payment made to certain customers as a result of ASIC’s Better Banking review, and domestic customer remediation. For 2H25 this related to domestic and NZ customer remediation as well as a Bankwest restructuring provision. Operating income Strong volume growth with broadly stable underlying margin $m $m $m $m Operating expenses2 Inflation and investment in technology and frontline Pre-provision profit Higher operating income and growth in operating expenses Cash NPAT Flat loan impairment expense +6.1% MR +6.6% +5.5% +5.3% 14,097 14,368 15,021 1H25 2H25 1H26 6,372 6,494 6,720 1H25 2H25 1H26 7,725 7,744 8,131 1H25 2H25 1H26 For personal use only
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9 Core franchise Building stronger, deeper customer relationships 1. Source: Kantar’s BrandZ Top 100 Most Valuable Global Brands 2025, June 2025. 2. Refer to glossary at the back of this presentation for further details. Value creation Favourable business mix Sector leading ROE, organic capital generation Strong balance sheet and risk management • Disciplined operational execution • Leading physical and digital distribution • Distinctive products and services • More rewarding loyalty proposition Superior customer experience3 • Technology leader, history of innovation • Leading decisioning technology • Higher quality, lower risk lending • Personalisation and machine learning at scale Better understanding of customer needs and risk2 • Australia’s most valuable brand1 • Leading MFI share2 • Superior deposits and data franchise • Focus on NPS2 improvement Stronger customer relationships and frequency of engagement1 Technology accelerating + MR + For personal use only
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10 Performance summary Executing our strategy to deliver better outcomes 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. • Record half-year absolute domestic lending and deposit volume growth5 • Maintained stable margins6 in a highly competitive environment • Deepening customer relationships driving strong transaction balance growth – all core segments • Strong capital position supporting franchise growth and dividends • Maintained primacy of relationships – strong retail MFI1 share of 33.5%, business MFI1 share of 26.9% • CBA proprietary home lending flow remained strong at 67% in 1H26 7 • Leveraged technology, data and AI to provide enhanced customer safety, and differentiated customer experiences • CommBank Yello8 easier to access, more rewarding – scaled CommBank Yello for Business to >750k customers9 Strategic differentiation Customer performance • Leading NPS1 in Consumer and Institutional – #1 in Consumer for 38 consecutive months • NPS1 leadership across consumer mobile app and consumer digital • Increased total number of transaction accounts by >85k in business and >585k in retail 2 • Deepening digital engagement – more app users (>9.4 million, +600k)3, logging in more often (14.0m daily logins) 4 Operational performance *Slide 10 1.Refer to glossary at the back of this presentation for further details. 2.Total retail transaction accounts, excluding offset accounts. Includes Bankwest. December 2025 vs December 2024. 3.The total number of customers that have logged into the CommBank app at least once in the month of December 2025 vs December 2024. 4.The total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 5.Excludes Bankwest and Residential Mortgage Group. 6.CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to customers from November 2023 to 31 December 2025. 7.Total eligible customers for CommBank Yello for Business as at December 2025. BTA accounts: Dec 19: 823,703 Dec 24: 1,293,863 Dec 25: 1,379,722 MR For personal use only
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11 Retail Banking Services Stronger, deeper customer engagement driving long - term franchise strength *Slide 11 1.Based on most active app users as at 30 September 2025 compared to major peer banks. 2.Based on the total number of customers that have logged into the CommBank app at least once in the month of December 2025. 3.Refer to glossary at the back of this presentation for further details. 4.Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 5.Source: RBA Lending and Credit Aggregates. 6.The total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 7.‘Days’ relates to business days. Application times relate to average time to first decision for applications not auto- decisioned for 1H26 (simple and complex applications excluding home seeker). 8.Proprietary home loan applications auto-decisioned using an automated credit rules engine in 1H26. 9.Retail Banking Services contribution to Group Cash NPAT (from continuing operations). MR Australia’s most popular banking app1 Simpler, better, easier to use Features open to more Australians CommBank app >9.4 million active app users2 1 in 3 Australians describe CBA as their main financial institution >14 million daily logins to the CommBank app6 >97% home loans with a transaction account <3 days time to first decision proprietary & broker7 ~70% applications auto-decisioned same day - proprietary8 Retail MFI share3 Operating performance 3.9 4.1 1H25 1H26 $bn vs 1H25 +5% $bn 33.5% 41.8% 42.1% CBA 25-34 years 18-24 years Nearest peer 12.9%15.9% 14.1% Dec 25 8.9 11.4 12.0 Dec 19 Dec 24 Dec 25 +5%vs Dec 24 m 452 584 622 Dec 19 Dec 24 Dec 25 +7%vs Dec 24 Home lending5 Retail transaction accounts4 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. 50% contribution to Group cash NPAT9 For personal use only
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12 0.8 1.3 1.4 Dec 19 Dec 24 Dec 25 90 150 168 Dec 19 Dec 24 Dec 25 3.1 3.3 1H25 1H26 Business Banking Extending leadership through strong customer relationships, differentiated proposition MR CommBiz Mobile Launched to CommBiz customers in 1H261 1 in 4 Australian businesses describe CBA as their main financial institution 1.3x system Business lending growth vs system 12 months to Dec 254 ~90% business loans with a transaction account ~2 days improvement in time to credit decision vs 1H255 85% reduction in time per annual review6 Business MFI share2 Operating performance $bn vs 1H25 +8% $bn +7%vs Dec 24 m vs Dec 24 Business lending3 Business transaction accounts 42% contribution to Group cash NPAT7 *Slide 12 1.Launched in August 2025. 2.Refer to glossary at the back of this presentation for further details. 3.Represents Business Banking divisional business loan balances on a spot basis. 4.1H26 vs 1H25. 5.Simple annual reviews applicable to business customer lending of up to $5 million since introduction in October 2024. 6.Business Bank contribution to Group Cash NPAT (from continuing operations). 1, 2, 3, 4, 5, 6, 7. Refer to sources, glossary and notes at the back of this presentation for further details. Secure, faster, smarter and simpler business banking via CommBiz Mobile app +12% CBA +310bpts Peers Dec 19 Dec 25 For personal use only
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13 1.2x 1.7x 1.7x Dec 19 Dec 24 Dec 25 2.8% 3.3% 3.4% 1H20 1H25 1H26 0.8 0.9 1H25 1H26 Institutional Banking & Markets Franchise strength supporting Institutional and Business customers MR #1 in Institutional MFI share $500m+ category among majors2 #1 Combined league table7 Dec 2025 +16% growth in sustainable lending8 vs 1H25 +19 New Transaction Banking mandates won in 1H269 +27% growth in operating performance over 6 years since Dec 1910 Institutional NPS2,3 Operating performance vs 1H25 +13% $bn +$64bn Net deposit funding contribution Dec 25 (spot) Reduction in total RWA over 10 years6 Revenue/Total RWA5 Deposit funding ratio4 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11. Refer to sources, glossary and notes at the back of this presentation for further details. -$44bn *Slide 13 1.Represent the increase in the number of client engagement since 2022. 2.Refer to glossary at the back of this presentation for further details. 3.Turnover +$300 million per annum. 4.Deposit funding ratio reflects spot interest bearing deposits versus interest earning lending assets. As at 31 December 2019, the ratio reflects transaction, savings and investment deposits versus interest earning lending assets, from the latest available disclosures. 5.Total annualised IB&M revenue as a proportion of total Risk Weighted Assets, from the latest available disclosures. 6.Represents the reduction in total Risk Weighted Assets from December 2015 to December 2025. 7.Ranking reflects combined volumes of the Australian Debt Capital Markets (AUD and NZD), Securitisation and Syndicated Loans tables, sourced from Bloomberg. 8.Average balance for 1H26 vs 1H25. Includes utilised secured and unsecured financing transactions that are aligned with external market principles such as the Loan Market Association / Loan Syndication and Trading Association / Asia Pacific Loan Market Association Green, Social and Sustainability-Linked Loan Principles. 9.Net new mandates won (excluding inward clearing mandates) with IB&M clients that hold a Transaction Account and an additional Transaction Banking product, generating over $100k p.a. (run-rate). 10.Reflects latest publicly available figures from the 1H20 Profit Announcements. 11.Institutional Banking & Markets contribution to Group Cash NPAT (from continuing operations). 37.8 44.3 Dec 24 Dec 25 Avg of major bank peers #1 12% contribution to Group cash NPAT11 CommBank IQ 4x client growth1 Customer and market insights that fuel client success and deepen relationships For personal use only
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14 3.7% 5.3% 7.5% Business and rural lending Deposits Home lending 2.8% 5.9% 4.6% Home lending Business & rural lending4 Deposits5 59 77 83 Dec 19 Dec 24 Dec 25 72.9 75.5 76.7 Dec 19 Qtr Dec 24 Qtr Dec 25 Qtr ASB Accelerating progress for all New Zealanders MR Digitised home buying origination Launched to ASB customers in 1H261 Digital Bank of the year for four consecutive years8 22% share of active retail customers9 >$700 million sustainable lending in 1H26 >3x increase in funding of social and affordable housing vs 1H25 ~2 days average turnaround time to first decision in proprietary channel10 Reputation score2 Home lending6 vs Dec 24 +8% NZ$bn Customer deposits7 Volume growth3 Digital customer consent process to enable joint home loan applications *Slide 14 1.Launched in November 2025. 2.Source: RepTrak Corporate Reputation survey, representative of New Zealanders aged 18+. Reputation scores shown are quarterly. New Zealand bank average includes ANZ, BNZ, Kiwibank and Westpac. 3.Based upon RBNZ lending by purpose and deposits by sector data. 4.Business and rural lending represents aggregated business and agriculture loans per RBNZ classifications. 5.Includes Institutional deposits. 6.Represents ASB divisional home loan balances on a spot basis. 7.Represents ASB divisional total customer deposit balances (interest bearing and non-interest bearing) on a spot basis. 8.Canstar Digital Bank of the Year for four consecutive years. 9.Camorra active customers aged 15-79 of the 5 major banks (September 2025). 10.‘Days’ includes weekdays and weekends. Turnaround time relates to average time to first credit decision for proprietary home lending applications for 1H26. 11.ASB contribution to Group Cash NPAT (from continuing operations). ASB Bank only and calculated in Australian dollars. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11. Refer to sources, glossary and notes at the back of this presentation for further details. 11% contribution to Group cash NPAT11 12 months to Dec 25 Avg of major NZ banks 71.8 System 63 85 89 Dec 19 Dec 24 Dec 25 vs Dec 24 +5% NZ$bn Operating performance (NZD) $bn flatvs Dec 24 For personal use only
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15 Dec 19 Jun 24 Dec 24 Jun 25 Dec 25 Credit quality TNPE & hardship lower – credit quality sound, conservative provisioning for rising geopolitical uncertainty 1. Troublesome and non-performing exposures (TNPE). Non-performing exposures are exposures in default as defined in regulatory standard APS220 Credit Risk Management. Corporate troublesome exposures are defined as exposures to corporate customers where profitability is weak and the capacity to meet financial commitments is diminished. These customers are at higher risk of default over the next 12 months. 2. The Group uses four alternative macroeconomic scenarios to reflect a range of possible future outcomes in estimating the Expected Credit Loss (ECL) for significant portfolios. Scenarios are updated based on changes in both the macroeconomic and geopolitical environment. 3. Central scenario is based on the Group’s internal economic forecasts and market consensus as well as other assumptions used in business planning and forecasting. Assumes 100% weighting holding all assumptions including forward-looking adjustments constant and includes individually assessed provisions. Troublesome & non-performing exposures1 % of TCE $3.6bn Central scenario ECL Total provisions ~$2.8bn Hardship Provisioning2 0.95% 0.97% Dec 24 Jun 25 Dec 25 (28%) Number of home loan cases in hardship Total provisions vs Central ECL3 Dec 25 0.89% $6.3bn MR For personal use only
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16 57% 73% Jun 08 Dec 19 Dec 25 50 140 Jun 08 Dec 19 Dec 25 3.5 5.4 Jun 08 Dec 19 Dec 25 5.0%4 11.7%5 Jun 08 Dec 19 Dec 25 Balance sheet strength Long - term, conservative approach – well placed for a range of scenarios 1. Represents the Weighted Average Maturity (WAM) of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 2. Liquid assets include high quality liquid assets as defined by APRA in Australian Prudential Standard APS210 Liquidity. Refer to glossary for definition. 3. Six month average balance as at 30 June 2008, quarterly average balance as at 31 December 2019 and 31 December 2025. 4. Pro-forma CET1 under the capital framework effective until 31 December 2022. 5. Capital framework effective until 31 December 2022. 6. APRA’s capital framework effective from 1 January 2023. 7. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. GFC Pre- COVID GFC Pre- COVID GFC Pre- COVID GFC Pre- COVID Capital CET1 ratio, Level 2 Liquid assets2 Average3, $bn Long-term funding Weighted average maturity1, yrs Deposit funding % of total funding 10.25% APRA minimum7 79% 5.2yrs $199bn 12.3%6 MR Deposit funding Long-term funding Liquid assets2 Capital For personal use only
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17 2.5% 1.8% 0.4% 0.2% Deposits More competitive offerings benefitting depositors Offset and redraw Household debt has eased Australia UK US Europe Average rate paid to at-call household deposits5 1. Source: RBA Housing Lending Rates. Outstanding variable lending rate (owner-occupied housing credit). Measured as six-month average. 2. Redraw balances represent the value of all payments in advance (payments ahead of scheduled repayments), excluding offset facilities. 3. CBA including Bankwest. 4. Source: APRA, RBA, ABS, CBA. 5. Source: Australia (RBA), UK (Bank of England), US (FDIC), Europe (ECB; Germany, France, Italy, Spain and Netherlands). Average interest rate paid for the six months to December 2025. 6. Includes estimated impact of interest saved from offset account balances. CBA offset and redraw balances $bn Industry variable OO home lending rate1: 3.7% 6.3% 6.0% 5.6% Household credit to household disposable income4 % $bn 100 110 120 130 140 150 Dec 05 Dec 10 Dec 15 Dec 20 Dec 25 Net of offset account balances* * (Data prior to 2019 merged by CBA) Total 49 85 85 97 46 63 64 67 95 148 149 164 Dec 19 Dec 24 Jun 25 Dec 25 Offset3 Redraw2 ~3.4% Including offset account balances6 Excluding offset account balances Deposit interest For personal use only
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18 3.8% 0.6% 0.6% 0.3% 0.3% 0.2% 0.2% 0.2% 0.1% 0.1% 0.0% Housing Food Recreation & culture Alcohol & tobacco Education Health Transport Household goods Insurance & fin. services Clothing & footwear Communication Total CPI 1.2% 4.2% 4.3% 4.1% 4.4% 6.6% 6.7% Essentials 4.6% 5.0% 4.3% 3.4% 2.1% 2.7% Discretionary Households driving a growth rebound Shift in economic demand from public sector to households 1. On a nominal basis. Per customer, 13 weeks to end of quarter. Consistently active card customers and CBA branded products only. Based on consumer debit and credit card transactions data, excluding StepPay. 2. Source: ABS. Jun and Sep quarterly average. Other includes net trade, change in inventories and business demand. Reversal in Other due to net trade, partly offset by inventories. 3. Source: ABS, CBA. Dec 2025 vs Dec 2024, monthly Consumer Price Index. 55 – 64 20 – 24 45 – 54 25 – 34 35 – 44 Age, years Oct – Dec 25 Oct – Dec 24 65+ Housing costs driving CPI3 Contribution to CPI, YoY Spend up across age cohorts1 Spending growth, YoY Utilities Household demand now driving growth Contribution to GDP growth, YoY2 0.9% 2.0% 2024 2025 Household demand Public demand Other2 GDP growth For personal use only
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19 Be safe, strong, and there when most needed • Maintained strong balance sheet settings • Identified and alerted customers of suspicious card activity, leveraging AI; ~40k alerts sent daily10 • Investing over $1 billion annually to help protect customers from fraud, scams, cyber threats & financial crime11 • Real-time intelligence using AI bots to engage & help disrupt scammers – over 2,900 AI bots in disruption fleet12 Empower our customers and people with superior tech • Migration of Core Banking to Cloud – one of the largest and fastest migrations globally • Ranked #1 APAC bank and #4 globally in AI maturity by the Evident AI Index8 • 30% more tech changes deployed, significant reduction in critical incidents with recovery time improving 65%9 • Our staff have access to AI tools (including ChatGPT Enterprise or Copilot) Help customers achieve their life goals Grow the economy and standards of living • 21% increase in home loan new fundings1 • Grew business lending 1.3x system2 & institutional sustainable lending +16%3 • Auto-decisioned lending to small businesses up 2x over the past 2 years4 • Funded 2x more new residential development units compared to 12 months prior5 • Strong MFI share in core segments6 • Maintained leadership in consumer digital & consumer mobile app NPS6 • Greater customer benefits delivered via CommBank Yello and expanded access to CommBank Yello for Business7 • Continued investment in frontline and proprietary distribution while enhancing capabilities Building a brighter future for all By executing our strategy we deliver on our purpose 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12. Refer to sources, glossary and notes at the back of this presentation for further details. Our strategy How we deliver on our purpose Examples of what we have delivered Highly engaged team with strong culture – focus on attracting, developing and retaining talent Build Australia’s future economy Reimagine customer experiences Lead in technology and AI Deliver simpler, safer and better *Slide 19 1.1 July 2025 to 31 December 2025. 2.CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). Represents growth for the period December 2025 vs December 2024. 3.Average balance for 1H26 vs 1H25. Includes utilised secured and unsecured financing transactions that are aligned with external market principles such as the Loan Market Association / Loan Syndication and Trading Association / Asia Pacific Loan Market Association Green, Social and Sustainability-Linked Loan Principles. 4.1H26 vs 1H24. 5.1H26 vs 1H25. 6.Refer to glossary at the back of this presentation for further details. 7.Relaunched CommBank Yello in June 2025 to 8 million retail customers in the CommBank app with new eligibility requirements and benefits available to customers. 8.Evident AI Index 2025 published by Evident Insights Index, October 2025. 9.1H26 vs 1H25 on a rounded basis. Critical incidents recovery time based on the Mean Time to Recover (MTTR). 10.Average daily suspicious card activity alerts sent in 1H26. 11.Includes expenditure on operational processes and upgrading functionalities in 1H26, annualised. 12.As at 31 December 2025. MR For personal use only
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20 • Lent $25 billion8 to businesses to help them grow • Advocating for a safe, efficient and innovative payment system that supports domestic institutions • Maintained balance sheet strength to help support customers and financial stability • Returned $4.4 billion to shareholders, benefitting over 14 million Australians9 Supporting our customers and communities Delivering better outcomes 1. Payment arrangements in 1H26, defined at account level. 2. 1H26. 3. Commitment to keep all regional branches open until at least the end of July 2027. Largest regional branch footprint with 281 regional branches. 4. Includes expenditure on operational processes and upgrading functionalities in 1H26, annualised. 5. As at 31 December 2025. 6. Average daily suspicious card activity alerts sent in 1H26. 7. 1H26 vs 1H25. 8. Business Banking business lending, new funding and drawdowns in 1H26. 9. Includes the 2H25 dividend paid to more than 800,000 direct shareholders and indirectly benefitting over 14 million Australians through their superannuation. Strengthening Australia Supporting customers • Supporting our customers with ongoing cost-of-living pressures • Provided more than 63,000 tailored payment arrangements for customers most in need of support1 • Helped our customers buy more than 79,000 homes2 and provided support for first-home buyers • Committed to supporting regional Australia – largest regional branch footprint in Australia3 Protecting communities Customer scam losses increased 52% HoH following the introduction of the Scams Prevention framework – was down >76% since peak at Jun- 25. Alternative bullet in brackets Dividend: $4,351m (no buyback) MR • Investing over $1 billion to help protect our customers against fraud, scams, cyber threats & financial crime4 • Real-time intelligence using AI bots to engage & help disrupt scammers – over 2,900 AI bots in our disruption fleet5 • Identified and alerted customers of suspicious card activity – ~40k alerts sent daily6 • 95% increase in intelligence we have contributed to the Anti-Scams Intelligence Loop helping to protect Australians7 For personal use only
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Results p resentation Alan Docherty, Chief Financial Officer MR For personal use only
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22 $7.2bn $8.1bn Average of last 10 halves 1H26 2 +13% 93% $182bn ~$2.8bn 200bpts Deposits & LT wholesale funding3 Hedge against lower rates4 Above central scenario5 CET1 above reg. minimum6 Results overview Long - term approach delivering superior shareholder returns 1, 2, 3, 4, 5, 6. Refer to sources, glossary and notes at the back of this presentation for further details. 1H26 financial outcomes Operating context Management response Long-term franchise implications • Leading Retail & Business MFI1 share • Profitable, above-system growth in deposits and lending • Strong capital generation, dividend growth & ROE • Today’s balance sheet underpins future shareholder outcomes • Committed to supporting and protecting our customers • Careful management of volume/margin trade-offs • Accelerated investment in tech, AI & proprietary distribution • Balance sheet settings calibrated to optimise long-term outcomes • Strong growth in system credit and money supply • Competitive intensity remains elevated • Rapid pace of change – tech & AI • Elevated geopolitical tensions and uncertainty Funding ProvisioningInterest rate risk Capital *Slide 22 1.Refer to glossary at the back of this presentation for further details. 2.Represents the average operating performance from to 1H21 to 2H25. 3.Deposits and long-term wholesale funding as a percentage of total funding (excluding equity). 4.Represents 1H26 average balance of domestic equity hedge and deposit hedge. 5.Represents the difference between total actual provisions held and the expected credit loss in the central scenario. 6.Surplus CET1 capital ratio above APRA regulatory minimum of 10.25% under the revised capital framework effective from 1 January 2023. Current half year vs average of last 10 halves 210 215 225 235 1H23 1H24 1H25 1H26 +12% Strong pre-provision profit growth Balance sheet set up for the long termSuperior shareholder returns Dividend per share (cents) For personal use only
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23 Statutory vs cash NPAT 1 Statutory NPAT of $5.4 billion – broadly in line with Cash NPAT 1. Presented on a continuing operations basis. 2. Includes gains and losses net of transaction costs associated with the disposal of previously announced divestments. 3. Includes unrealised accounting gains and losses arising from the application of AASB 139 Financial Instruments: Recognition and Measurement. $m 1H25 2H25 1H26 Statutory NPAT – continuing operations 5,142 4,991 5,412 Non-cash items: - Transaction costs and gains/(losses) on disposals2 9 (181) (18) - Hedging and IFRS volatility3 1 52 (15) Cash NPAT – continuing operations 5,132 5,120 5,445 Includes Bank of Hangzhou, SAF sales, Commonwealth Private Advice and other previously announced divestments and closures Primarily related to gains and (losses) on economic hedges3 from interest rate and FX volatility For personal use only
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24 $m 1H26 1H26 vs 1H25 1H26 vs 2H25 Operating income 15,021 6.6% 4.5% Underlying operating expenses 6,720 5.5% 3.5% Restructuring and notable items2 170 Operating performance 8,131 5.3% 5.0% Loan impairment expense 319 (0.3%) (21.4%) Cash NPAT 5,445 6.1% 6.3% 1H26 result 1 Cash NPAT up 6% vs 2H25 – strong operational performance, disciplined growth, investment in the franchise 1. Presented on a continuing operations basis. 2. For 1H26 this relates to provisions for the settlement of legal proceedings in NZ, an additional goodwill payment made to certain customers as a result of ASIC’s Better Banking review, and domestic customer remediation. For 2H25 this related to domestic and NZ customer remediation as well as a Bankwest restructuring provision. Consideration: FY26 Effective tax rate ~30% For personal use only
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25 14,097 15,021 761 163 1H25 Net interest income Other operating income 1H26 Operating income 1 Higher income through disciplined franchise growth 1. Presented on a continuing operations basis. 2. Excluding liquid assets and institutional repos which have a broadly neutral impact on net interest income. Flat +7.0% +8.4% • Margin excl. liquids & repos2 • Average lending volume growth • Average deposit volume growth • Recognition of a milestone payment in relation to the sale of CommInsure General Insurance; • Fair value gain on investment in Gemini following its Initial Public Offering; and • Higher Markets and CommSec equities income $m +6.6% MR For personal use only
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26 90 97 109 122 135 150 168 Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 6.9% 9.0% 5 year CAGR since Dec 19 Dec 25 vs Dec 24 Volume growth2 % +5% +72% +65% Bankers Fundings Fundings per banker Long - term focus on franchise strength Deepening customer relationships driving strong volume growth across core segments $bn Proprietary home lending1 Portfolio balance growth, % Home Credit RWA volume growth1 Retail Business 1, 2, 3, 4, 5, 6, 7, 8. Refer to sources, glossary and notes at the back of this presentation for further details. Retail Deposits Home Lending 9m 12m 1H21 1H26 Customers with a transaction account1 # Proprietary funding3 32 55 1H21 1H26 57% Proprietary funding3, % 67% Proprietary originated home loans ~20-30% more profitable than broker4 $bn 5.2% 7.0% 5 year CAGR since Dec 19 Dec 25 vs Dec 24 Business Deposits Business Lending Cumulative growth % 7 Volume growth2 % Volume growth8 $bn 145 185 215 213 216 220 243 Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 +10.2% 5yr CAGR +8.7% vs Dec 24 Cumulative growth5 % +17% +8% Customers with a trans account Avg trans balance per customer 1H21 to 1H26 1H21 to 1H26 Volume growth6 $bn +12.0% 5yr CAGR +10.7% vs Dec 24 +24% For personal use only
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27 208 204 - 1 1(3) (2) (1) 2H25 Liquids & repos Asset pricing Funding costs Portfolio mix Replicating portfolio Treasury & Markets 1H26 Increase in liquid assets1 (2) Increase in institutional repos1 (1) Group margin Lower margin largely due to growth in liquids and repos bpts Home loan pricing • -1bpt Treasury ALM • +1bpt Savings • Flat Transactions • (-1bpt) TD pricing • Flat Deposit Mix • +1bpt Favourable deposit/asset mix 1. +$13bn increase in average liquid assets and +$9bn increase in average institutional repos in 1H26 vs 2H25. Minimal impact on earnings Deposits growing faster than lending MR For personal use only
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28 275 222 78 (6) (221) 6,372 6,720 1H25 Inflation Investment in technology Investment in frontline and operations Other Productivity 1H26 Operating expenses 1 Inflation, investment in technology and proprietary distribution driving higher expense growth 1. Presented on a continuing operations basis excluding restructuring and notable items. For 1H26 this relates to provisions for the settlement of legal proceedings in NZ, an additional goodwill payment made to certain customers as a result of ASIC’s Better Banking review, and domestic customer remediation. Headline operating expenses +8.1% including these items. Underlying cost to income: 45.2% Contribution to mvt: (3.4%)+4.3% +3.5% +1.2% • Wage inflation including higher super guarantee • Vendor IT inflation +5% • Higher cloud consumption and software licensing • Investment in infrastructure, resilience & AI capabilities $m (0.1%) 44.7% +5.5% MR Average first half cost savings realised (last 7 years) $141m For personal use only
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29 2.5 3.9 3.4 3.5 3.5 2.5 2.6 2.8 2.8 2.6 5.0 6.5 6.2 6.3 6.1 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 0.61% 0.63% 0.80% 0.66% 1.38% 1.41% Dec 19 Dec 25 % of TCE: Credit risk Impairment expense remains low – improving arrears, lower corporate TNPE – sound credit quality 1. Loan impairment expense as a percentage of average Gross loans and acceptances (bpts) annualised. 2. Group consumer arrears including New Zealand. 3. Non-performing exposures are exposures in default as defined in regulatory standard APS220 Credit Risk Management. Corporate troublesome exposures are defined as exposures to corporate customers where profitability is weak and the capacity to meet financial commitments is diminished. These customers are at higher risk of default over the next 12 months. Loan impairment expense Loan loss rate, bpts1 Arrears2 90+ days Troublesome & non-performing exposures3 Corporate, $bn 1H25 2H25 1H26 Consumer 3 6 7 Corporate 16 13 4 Total 7 8 6 Personal loansHome loans Credit cards Corporate non-performing Corporate troublesome 0.80% 1.11% 1.01% 0.97% 0.90% $m 320 406 319 1H25 2H25 1H26 For personal use only
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30 Provisioning 1 Strong provision coverage maintained – elevated geopolitical tensions and global macroeconomic uncertainty 1. The Group uses four alternative macroeconomic scenarios to reflect a range of possible future outcomes in estimating the Expected Credit Loss (ECL) for significant portfolios, scenarios are updated based on changes in both the macroeconomic and geopolitical environment. 2. APRA capital framework effective from 1 January 2023. 3. Assuming 100% weighting holding all assumptions including forward-looking adjustments constant and includes individually assessed provisions. 4. Central scenario is based on the Group’s internal economic forecasts and market consensus as well as other assumptions used in business planning and forecasting. 5. The downside scenario contemplates the potential impact of possible, but less likely, adverse macroeconomic conditions, resulting from significant inflationary pressures which leads to disorderly asset price declines, a sharp increase in credit spreads, corporate defaults and high unemployment. This is exacerbated by a breakdown in global trade and compounded by geopolitical risks. 3.6 8.5 Central scenario Recognised provisions Downside scenario Total credit provisions Provisions and scenarios Dec 25 TP/CRWA: 1.29% 1.60%2 1.55%2 3.1 3.0 3.3 3.3 Jun 19 Jun 25 Dec 25 6.4 $bn Corporate Consumer 4.8 Pre-COVID 3,53,4 $6.3bn $bn $6.3bn ~$2.8bn above central scenario For personal use only
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31 Provisioning through the cycle Forward - looking approach – customer, macroeconomic and sectoral considerations 1. If economic conditions are expected to recover following a recession, then the MES overlay would reduce as economic variables improve and/or the probability weighting towards more benign scenarios increases. This may not be the case where further deterioration in economic conditions is expected (e.g. a double-dip recession). 2. Individually assessed provisions (IAPs) are raised for non-performing exposures. 3. This refers to expectations before and after an economic slowdown. How total provisions change during a contraction is uncertain: if FLAs and MES under-predict actual losses, then total provisions will increase. If they over-predict losses (as was the case during the early stages of the COVID-19 pandemic) then total provisions will decrease. • AASB 9 requires a forward-looking approach to loan loss provisioning to dampen pro-cyclical provisioning behaviour through forward-looking adjustments (FLAs) and multiple economic scenarios (MES) in determining collective provisions (CP). • Total provisions will likely be lower following an economic contraction (despite higher base provisions) as we adopt a forward-looking view of an economic expansion. • Sectoral considerations (last 6 months): – Consumer: reduction in provision coverage from improved house prices and lower overlays in customer segments most susceptible to higher interest rates following rate cuts, partly offset by an increase in modelled provisions to reflect ongoing geopolitical risks and inflationary pressures. – Construction: reduction in provision coverage from credit quality improvements. Sector activity has improved with increased dwelling approvals and commencements, interest rate cuts, higher median prices, and government support. Skilled labour shortages, low productivity and high construction costs continue to be a concern. – Retail Trade: reduction in provision coverage from credit quality improvements. Interest rate cuts and growth in wages have supported improvements in consumer sentiment and spending. – Wholesale Trade: reduction in provision coverage from FLA release as credit quality remained stable and higher growth in investment grade. Elevated input costs and rising insurance premiums remain a challenge. – Entertainment, Leisure and Tourism: reduction in provision coverage from decreased FLAs on better performing segments benefitting from improved discretionary household spending, interest rate cuts, and wage growth. Pockets of risk remain with insolvencies at elevated levels despite a downward trend in recent quarters. – Commercial Property: reduction in provision coverage from improvement in market conditions, with development activity increasing, though office vacancies have edged higher. – Agriculture: non-material change in provision coverage. Improving outlook in New Zealand offset by pockets of concern in Australia from mixed seasonal conditions. – Healthcare: reduction in provision coverage. Outlook for the medical and pharmacy sectors continue to improve and performance of private hospital operators have shown signs of stabilising, while services more discretionary in nature continue to lag in recovery due to sensitivity to household incomes. – Manufacturing: non-material change in provision coverage. Labour market is easing but pressures from high input costs, productivity challenges, and margin compression persist, driving investments in advanced production technologies. Lower CP – Base Higher Higher CP – FLAs Lower Higher CP – MES Likely lower1 Lower IAPs2 Higher Higher Total provisions3 Likely lower Economic cycle GDP Late expansion Early expansion Contraction Forward looking components - Consumer: Provision coverage has reduced not flat, so can’t say non-material changes. Have re-worded, also removed the concern around serviceability given reduction in coverage - Construction: removed reference to future interest rate guidance - ELT: what are the regulatory risks? Maybe talk to rising costs and labour availability? - Commercial Property: Provision coverage has reduced not flat, so can’t say non-material changes. Did office vacancies increase? This contradicts with comments on Sector performance where Office values have improved. - Agri: Should the impact from US tariffs be largely favourable? This contradicts with comments on Sector performance where we say US tariffs have not impacted continued strong beef exports. Suggest remove. - Healthcare: provision coverage looks to be flat, please confirm if it’s a reduction? For personal use only
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32 226 619 956 Jun 08 Dec 19 Dec 25 37 89 199 13 51 Jun 08 Dec 19 Dec 25 57% 73% 79% 19% 19% 14%24% 8% 7% Jun 08 Dec 19 Dec 25 Funding Long - term conservative settings 1. Represents the Weighted Average Maturity (WAM) of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 2. Includes other short-term liabilities. 3. Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 4. Additional Tier 1 and Tier 2 Capital excluding IFRS MTM and derivative FX revaluations as a proportion of long-term wholesale funding. 5. Liquid assets include high quality liquid assets as defined by APRA in Australian Prudential Standard APS210 Liquidity. Refer to glossary for definition. 6. Six month average balance as at 30 June 2008, quarterly average balance as at 31 December 2019 and 31 December 2025. 7. Other liquid assets include holdings of Medallion RMBS as at June 2008 and Committed Liquidity Facility as at December 2019. Deposit funding $bn % of total funding 57% 73% 79% Funding composition % of total funding Liquid assets5 Average6, $bn WAM1 3.5yrs 5.4yrs 5.2yrs Deposits Long-term wholesale3 Short-term wholesale2 23% AT1/T24 16% AT1/T24 Liquids as a % of total assets 10% 14% 14% HQLA Other liquid assets7 199 140 50 For personal use only
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33 12.3% 107 9(87) (33) Jun 25 Level 2 2H25 dividend (DRP neutralised) Cash NPAT RWA Other Dec 25 Level 2 Capital 1 Strong capital position supporting franchise growth and dividends 1. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. 2. The 2025 final dividend included the on-market purchase of $643 million of shares (CET1 impact of -13bpts) in respect of the Dividend Reinvestment Plan. 3. Excludes equity accounted profits/losses and impairments from investments, which are neutral from a regulatory capital perspective due to the offsetting changes in capital deductions. 4. Excludes impact of foreign exchange movements on Credit RWA, which is included in ‘Other’. 5. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. Movements in bpts 2 Credit Risk4 (34) Operational Risk (9) Market Risk (1) IRRBB 11 3 10.25% APRA minimum5 Level 1 12.2% +12.3% For personal use only
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34 Dividends Long - term sustainable returns 1. Cash NPAT inclusive of discontinued operations. 2. Cash NPAT and dividend payout ratio normalised to reflect a long run loan loss rate. 3. Represents the dividend per share growth vs the prior comparative period. • Interim dividend of $2.35, a 10c increase on 1H25 dividend • DRP with no discount and expected to be fully neutralised • Half year payout ratio of ~74% on a normalised basis, reflecting our aim to pay strong and sustainable, fully franked dividends • The Bank will continue to target a full year payout ratio of 70-80% Cash NPAT • Long-term focus, sustainable dividend per share growth, delivering consistent DPS accretion Sustainable returns 215 225 235 72% 73% 72% ~75% ~74% 68% 73% 78% 83% 1H24 1H25 1H26 Dividend per share (cents) Cash NPAT1,2 payout ratio (normalised) Cash NPAT1 payout ratio Consistent DPS accretion +5c +10c +10c +10c +10c Interim Final Interim Final Interim 1H24 2H24 1H25 2H25 1H26 Growth in dividend per share3 (cents) FY24 FY25 1H26 For personal use only
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35 215 225 235 72% 73% 72% ~75% ~74% 60% 65% 70% 75% 80% 85% 90% 1H24 1H25 1H26 Cash NPAT3,4 payout ratio (normalised) Cash NPAT3 payout ratio +10c +10c CBA long-term targets Disciplined capital management while retaining flexibility Lower share count to support ROE & DPS Sustainable dividends Invest behind our strategic priorities Reinvest 20-30% NPAT in accretive growth RetainedDistributed to shareholders Surplus retained CET1 Level 2 (%) Capital return Number of shares (bn) Dividends Dividends (cents) Franchise investment Annualised gross investment spend Franchise growth Credit RWA volume growth1 Capital generation Capital flexibility Reinvested in the Group $4bn $6bn $8bn $6bn $9bn $9bn Avg last 10 halves 1H25 1H26 Business Retail Long - term approach to capital management Disciplined and balanced approach to optimise growth, reinvestment, shareholder returns and flexibility 1. Excludes Standardised Approach for Counterparty Credit Risk. 2. Represents the average of the half year periods between 1H21 to 2H25. 3. Cash NPAT inclusive of discontinued operations. 4. Cash NPAT and dividend payout ratio normalised to reflect a long run loan loss rate. 5. CBA and peers shares on issue as at 31 December 2025. 6. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. 1H24 1H25 1H26 $2.4bn 12.3 12.3 Jun 24 Jun 25 Dec 25 APRA minimum 10.25%6 $2.2bn 2 $15bn $10bn $17bn 1.3 1.7 1.8 3.4 1.5 3.0 1.5 3.1 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Oct-25 FY00 Dec 255 Peers CBA 12.3 $2.0bn For personal use only
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36 0.58 2.35 Disciplined approach, supporting sustainable returns Our long - term approach supports strong, sustainable shareholder returns Franchise growth, investment and superior returns *Slide 36 1.Return on equity on a cash (or cash equivalent basis) and continuing operations basis over average ordinary equity for domestic peers. Domestic Peer ROE and dividend payout ratio represents the average for the last two full year results as published, excluding special dividends. ANZ excluding notable items. CBA reporting period includes the average of the last four half year results to December 2025. International banks sourced from Bloomberg and represents the average of the last two full years for US and Canadian banks, and the simple average of the last four half year results for UK banks. HSBC dividend payout ratio excludes special dividends and impact from material notable items including sale of businesses in Canada and Argentina. TD Bank FY24 results have been normalised to exclude the USD $3bn Global Resolution of US BSA/AML Program payment. 2.Estimated Return on equity (cash) including the benefit from franking credits which is recognised as 70% of the Australian tax generated relative to the average shareholders' equity in the period for CBA and domestic peers. 3.Net tangible assets per share as at 31 December 2025 for CBA and as reported as at 30 September 2025 for peers. FY00 – FY04 net tangible assets have not been normalised for the impact of the transition to AIFRS in 2005. 4.Reflects interim FY26 dividend for CBA and disclosed final FY25 dividends for peers, excluding special dividends. Strong return on equity and generation of organic capital to fund dividends Disciplined capital management, ongoing investment generating growth and scale Delivering superior and sustainable shareholder returns over the long term Dividend per share $ Net tangible assets per share3 $ + + ROE vs dividend payout ratio Average last 2 years 9.18 41.19 1H26FY00 Peers CBA CBA Peers 1H2671H00 1H2641H00 1, 2, 3, 4. Refer to sources, glossary and notes at the back of this presentation for further details. ANZ (incl. franking) ROE1,2 NAB (incl. franking) Payout ratio1 CBA (incl. franking) Citi Barclays Wells Fargo BoA GS HSBC MS CIBC JPM NatWest RBC Lloyds TD Bank WBC (incl. franking) ROE1,2 NAB (incl. franking) Payout ratio1 CBA (incl. franking) Citi Barclays Wells Fargo BoA GS HSBC MS CIBC JPM NatWest RBCLloyds TD Bank WBC (incl. franking) ANZ (incl. franking) For personal use only
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37 Economic outlook Growth improving and becoming more broad - based, but risks elevated • Australian economic growth is recovering faster and stronger than expected - Household spending is rising consistently, including on discretionary items - Strong income growth has rebuilt savings buffers and supported spending - The economy is struggling to meet aggregate demand given supply side constraints • Inflation has lifted again, following stronger growth and a tight labour market - Persistent inflation above target puts upward pressure on interest rates - Stronger demand and weak productivity are stretching economic capacity - The labour market remains tight, with unemployment historically low • Australia has remained highly resilient despite global volatility - Trade and tariff disruptions have had limited economic impact - AI investment is supporting global growth - Rising geopolitical risks heighten the need for economic and operational resilience For personal use only
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38 Shareholders Total shareholder return6 Summary Growth through consistent, disciplined execution focused on the long term 1. Refer to glossary at the back of this presentation for further details. 2. Household deposits and Non-Financial Business Deposits & Lending source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 3. CBA source: RBA Lending and Credit Aggregates. Home lending peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. 4. Total provisions divided by credit risk weighted assets. 5. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. 6. Source: Bloomberg, 1 January 2000 to 31 December 2025. Peer average is the average of major bank peers. • Supporting and protecting our customers • Reimaging customer experiences by investing in technology & AI • Providing strength and stability for the Australian economy • Delivering sustainable returns Net Promoter Score1 Rank Consumer #1 Business #2 Consumer digital #1 Business digital #2 Customers Balance sheet Market share Rank Household deposits2 #1 Home lending3 #1 Business deposits2 #1 Business lending2 #2 1.55% 93% 12.3% Provision coverage Funding profile CET1 Level 2 Deposits + long-term wholesale funding 10.25% APRA minimum5 4 125% 81% 138% Peer avg 26% CBA Peer average Dec 252000 2,213% 1,166% For personal use only
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Overview & strategy MR For personal use only
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40 26.6% 20.7% 13.8% 11.3% CBA Peer 3 Peer 2 Peer 1 26.9% 18.8% 18.5% 17.6% CBA Peer 1 Peer 3 Peer 2 Why CBA? Leading franchise – strong balance sheet settings – supports sustainable shareholder returns 1. Refer to glossary at the back of this presentation for further details. 2. CBA source: RBA Lending and Credit Aggregates. Peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. 3. Source: APRA MADIS. 4. Total provisions divided by credit risk weighted assets. Excludes provisions on debt securities fair valued through other comprehensive income for comparability. 5. Binding constraint is the lower of Level 1 and Level 2 CET1 capital ratio. 6. Return on equity (ROE) on a cash (or equivalent) continuing operations basis over average ordinary equity. Peer ROEs are for the six months to September 2025 and CBA ROE is for the six months to December 2025. 7. Estimated ROE (cash) including the benefit from franking credits which is recognised as 70% of the Australian tax generated in FY25 for peer banks, and in 2H25 and 1H26 for CBA. 8. Source: Bloomberg, 1 January 2000 to 31 December 2025. Peer average is the average of major bank peers. 33.5% 15.9% 13.9% 11.9% CBA Peer 3 Peer 1 Peer 2 Retail MFI share1 Provisioning Total provision coverage to Credit RWA4 Peers as at September 2025 Home lending share2 CET1 capital Capital binding constraint5 Peers as at September 2025 Household deposits share3 Business MFI share1 ROE (cash) Est. ROE (cash incl. franking)7 13% 12% 8% 42.1% 41.8% 18-24 years 25-34 years Nearest peer 12.9%14.1% 24.6% 19.9% 13.6% 12.7% CBA Peer 3 Peer 2 Peer 1 ROE (cash)6 Peers as at September 2025 Shareholder returns Total shareholder return8 12.5% 12.2% 12.0% 11.6% Peer 3 CBA Peer 1 Peer 2 (L2) (L1) (L2) (L1) 1.64% 1.55% 1.41% 1.29% Peer 2 CBA Peer 3 Peer 1 CBA Peer average Dec 25Dec 15 193% 125% 9. Source: Bloomberg, 31 December 2015 to 31 December 2025. Peer average is the average of major bank peers. ETA 16/1 13.8% 11.0% 9.7% 6.1% CBA Peer 2 Peer 3 Peer 1 17% Dec 252000 2,213% 1,166% For personal use only
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41 0.8 1.3 1.4 Dec 19 Dec 24 Dec 25 *Slide 41 1.Refer to glossary at the back of this presentation for further details. 2.Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 3.Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4.Source: RBA Lending and Credit Aggregates. 5.Excludes Bankwest and Residential Mortgage Group. 6.Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) – Non-financial Business Deposits (including IB&M). 7.Represents Business Banking divisional business loan balances on a spot basis. 8.CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). Represents growth for the period December 2025 vs December 2024. 90 150 168 Dec 19 Dec 24 Dec 25 452 584 622 Dec 19 Dec 24 Dec 25 18.8% 26.9% Nearest peer CBA Business MFI share1 vs Dec 24 m Franchise strength Building stronger, deeper customer relationships – strengthening long - term franchise 1, 2, 3, 4, 5, 6, 7, 8. Refer to sources, glossary and notes at the back of this presentation for further details. 8.9 11.4 12.0 Dec 19 Dec 24 Dec 25 m vs Dec 24 15.9% 33.5% Nearest peer CBA Retail MFI share1 Business transaction accounts Home loans with a transaction account $bn vs Dec 24 $bn vs Dec 24 Home lending4 Business lending7 Retail transaction accounts2 Retail Business +17.6% gap to nearest peer 27% household deposit market share3 67% CBA proprietary origination in 1H265 Business loans with a transaction account +8.1% gap to nearest peer 22% business deposit market share6 1.3x system8 business lending growth 1 in 3 Australians 1 in 4 Australian businesses +5%#1 +7% +7%#1 +12% >97% ~90% Dec 25 Dec 25 BTA accounts: Dec 19: 823,703 Dec 24: 1,293,863 Dec 25: 1,379,722 MR For personal use only
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42 33.5% CBA 15.9% 13.9% 11.9% Peer 3 Peer 1 Peer 2 Aged 18-24Aged 14-17 Aged 25-34 Aged 35-49 Aged 50-64 Aged 65+ Reimagining banking Franchise strength – supporting our customers across their lifecycle 1. Refer to glossary at the back of this presentation for further details. Customer lifecycle Dec 25 1 in 3 Australians #142.4% 42.1% 41.8% 35.1% 27.0% 24.5% Jun 25 Dec 25 CBA Retail MFI share1 Retail MFI share1 For personal use only
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43 How we contribute to Australia 1 Supporting our customers, the community and the economy 1, 2, 3, 4, 5, 6, 7, 8. Refer to sources, glossary and notes at the back of this presentation for further details. For further sustainability reporting, refer to 2025 Annual Report. Offshore investors5 Government4 How our income is distributed Customers & domestic debt investors2 Partners and suppliers Shareholders Our people 27% leading retail bank share of market3 $10.7bn interest paid to Australian savers $2.7bn in Australian government payments Contributing as one of Australia’s largest corporate tax payers $5.8bn of interest paid to offshore investors Accessing offshore wholesale funding and investment to help support economic growth $3.4bn paid in salaries and superannuation to Australian employees $15.4m invested in upskilling our people $2.2bn paid to our suppliers6 Supporting domestic small and medium sized businesses $4.4bn in dividends paid to shareholders7 $1,930 average retail shareholder dividend paid in 1H268 *Slide 43 1.Represents an approximated distribution of 1H26 Group gross income (net of loan impairment) to our customers and stakeholders across Australia and New Zealand. 2.Includes interest paid on deposits in 1H26. 3.Represents share of household deposits as at December 2025. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4.Includes payment of corporate tax, employee related taxes, Major Bank Levy and net unrecoverable GST in 1H26. 5.Includes interest paid on offshore deposits and wholesale funding. 6.CBA Australia registered suppliers as at December 2025. Excludes non-supplier third parties. 7.Represents 2H25 dividend paid. 8.Retail shareholder calculation is based on the number of shareholders who hold 10,000 shares or less. For personal use only
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44 Protect customers through leading risk management Security, resilience and reliability Disciplined cost and capital management Our strategy Building tomorrow’s bank today for our customers Building a brighter future for allOur purpose Deliver simpler, safer and better Our priorities Build Australia’s future economy Lead in technology and AI Help businesses drive growth Leadership for a strong financial system and economy Support for our customers and communities Deep and trusted customer relationships Digital experiences that customers love Distinctive service and product propositions Modernised technology and data Speed and quality of execution World-class capability in engineering and AI Reimagine customer experiences MR For personal use only
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45 Strengthening trust in banking Our risk culture supports our people’s decision making to deliver better outcomes Living Our Values Executing our strategy • Our risk culture reflects the beliefs and behaviours by our people that determine how risks are managed • We aspire to have a risk culture that adapts to a changing landscape, supports the right outcomes and helps us navigate unfamiliar circumstances • We actively assess the maturity of our risk culture, including our annual risk culture assessment overseen by the Board • Our remuneration framework supports risk culture by promoting accountability for managing risks and applying rewards and consequences for risk outcomes Our Risk Management Framework Enablers Our risk culture framework Our approach to risk culture + + Leadership principles Obsess over customers Lead as an owner Be curious and humble Create exceptional teams Governance and reporting Policies and procedures Infrastructure and data Accountabilities and skills Delivering our purpose MR For personal use only
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46 Reimagining customer experiences Extending our market - leading digital ecosystem - building deeper, stronger customer relationships 1, 2, 3, 4, 5, 6, 7, 8. Refer to sources, glossary and notes at the back of this presentation for further details. Explore & book via the app Exclusive benefits & offers on flights, hotels & car rentals worldwide Australia’s most popular banking app1 Simpler, better, easier to use Features open to more Australians Find, finance & manage your car6 Exclusive discounts & benefits for EVs7 Recognise & reward customers, and now scaled to more than 750k eligible business customers Easy and accessible way to start investing with as little as $2 – major-bank first Travel BookingCommBank app Car buyingCommBank Yello Everyday Investing *Slide 46 1.Based on most active app users as at 30 September 2025 compared to major peer banks. 2.Based on the total number of customers that have logged into the CommBank app at least once in the month of December 2025. 3.CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to customers from November 2023 to December 2025. 4.1H26 vs 1H25 growth of Aussie equities, Pocket and Everyday Investing accounts opened via the CommBank app. 5.Increase in travel booking transactions, 1H26 vs 1H25. 6.Via the CommBank app. 7.Electric vehicles. 8.Unique number of customers visiting the platform in December 2025. Q Car buying Find, finance & manage your car6 Exclusive discounts & benefits for EVs7 >2x uplift unique customer interactions8 8. Average number of unique customers monthly interactions in 1H26 vs 2H25 >4x uplift in travel booking transactions5 >9.4 million active app users2 30% increase in new investing accounts4 >$190 million in benefits delivered3 >765,000 customers engaging8 MR For personal use only
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47 Reimagining banking Building on a history of innovation to reimagine banking CommBank app 5.0 Making Australia’s most popular banking app even better2 CommBank Yello CommBank Yello relaunched, expanded benefits and improved digital experience. CommBank Yello for Business scaled to >750,000 eligible business customers Partnering with industry leaders Providing more value in banking and beyond 1. Refer to glossary at the back of this presentation for further details. 2. Based on most active app users as at 30 September 2025 compared to major peer banks. Core banking cloud migration Migration of SAP core banking to cloud enabling faster product innovation and greater reliability Need icon 2020 & beyond2010–20191997–2009 Strong foundations Establishing leadership Reimagining banking Icons for cloud migration 1) Network – this is from CBA brand 2) Cloud 1 – mocked up 3) Cloud 2 – mocked up Q MR Core banking Real-time banking and settlement NetBank Full functionality 24-hour online banking service Customer Engagement Engine Learns from customer interactions to drive relevant personalised banking services CommBank app 4.0 Simple, smart and secure 24/7 Launch of x15ventures Building a pipeline of new digital businesses CommSec Pocket Make investing affordable and accessible for more Australians CommBank app #1 consumer mobile app (Net Promoter Score1) CommSee Proprietary customer relationship system For personal use only
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48 Reimagining customer experiences Australia’s most popular banking app – building stronger, deeper customer engagement 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. Bank of the Year Digital Banking 16 years in a row2 Most Innovative Major Consumer Bank 7 years in a row3 Best Digital Consumer Bank (Major) 7 years in a row3 Best Overall Program – Financial Services4 Australia’s most popular banking app1 CommBank Yello & CommBank Yello for Business delivering more value QR Cardless • Cardless ATM transactions • More secure and convenient Interactive and intelligent warnings • Anti-scam warnings for payments • Enhanced scam protections Digital CommBank cards • View digital card in CommBank app • Instant digital card issuance Digital wallet review • Review digital wallet feature • Remove unrecognised digital cards Personalised messaging • GenAI powered messaging • More personalised and intuitive Integrated shopping experiences • Search, book and pay for travel • Car buying and selling, EV deals *Slide 48 1.Based on most active app users as at 30 September 2025 compared to major peer banks. 2.CBA awarded Canstar's 2025 Bank of the Year – Digital Banking Award (for the 16th year in a row). Awarded May 2025. CBA was also inducted into the inaugural Canstar ‘Hall of Fame’ for sustained success in the Digital Banking – Bank of the Year category for ten or more consecutive years. 3.CBA was awarded the ‘Most Innovative Major Consumer Bank’ and ‘Best Digital Consumer Bank (Major)’ for the 7th year in a row by RFI Global’s Banking & Finance Awards 2025. Presented March 2025. Award is based on information collected from the RFI Global Atlas research program – feedback from over 80,000 business and/or retail customers from January 2024 to December 2024. 4.CommBank Yello was awarded the ‘Best Overall Loyalty Program – Financial Services’ at the 2025 Asia Pacific Loyalty Awards. 5.The total number of customers that have logged into the CommBank app at least once in the month of December 2025. 6.Represents the total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 7.CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to customers from November 2023 to 31 December 2025. 8.Proportion of CommBank Yello partners who are CBA Business Banking & Institutional Banking & Markets customers and have had an offer live from 1 July 2025 to 31 December 2025. 9.Total eligible customers for CommBank Yello for Business as at December 2025. Q MR >9.4 million active app users5 >14 million daily logins to the CommBank app6 3x increase in CommBank app engagement since 2014 >$190 million in benefits delivered to customers via CommBank Yello7 >65% CommBank Yello partners are CBA customers8 >750,000 customers eligible for CommBank Yello for Business9 For personal use only
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49 Leading in technology and AI Reimagining banking using our world - class data, AI and analytics platform 1, 2, 3, 4. Refer to sources, glossary and notes at the back of this presentation for further details. • #1 APAC bank, #4 globally in AI maturity4 • ChatGPT Enterprise access for 33,000 employees • Launched Agentic Engineering Framework • Distinguished AI scientists and Distinguished Engineers to deepen internal research and accelerate safe deployment of emerging AI technologies • Scaled AI training and capability to help safely integrate AI. Launched AI Everyday program • CommBank.ai established • H2O.ai investment and partnership • 100% improvement in CEE performance • 1,000 machine learning models in CEE1 • GenAI powered messaging service • Generative Responsible AI Toolkit and GenAI playbook launched • AI Factory launched with AWS • CommBank Centre for Foundational AI • #1 APAC bank, #5 globally in AI maturity3 • Accelerated investment to enhance GenAI capability • New strategic partnership with OpenAI, expanded partnership in Anthropic to enhance AI adoption • Established Seattle Tech Hub to accelerate AI adoption • Expanded collaboration with AWS to deliver global best cloud and AI capabilities • Launched AI Risk Navigator guidance tool to help identify and manage risks early in the delivery lifecycle • Customer Engagement Engine (CEE) launched • Centre of Excellence established • 300 machine learning models in CEE1 • AI and analytics platform built: 500 users • Piloted Australian government Ethical AI principles • Established Gen.ai Studio to bring 100+ LLMs into a controlled environment • First GenAI use case deployed • #1 APAC bank, #6 globally in AI maturity2 • AI policy (including Responsible AI principles) The evolution of AI at CBA *Slide 49 1.Data source: Customer Engagement Engine Reporting. 2.Evident AI Index 2023 published by Evident Insights Index, October 2023. 3.Evident AI Index 2024 published by Evident Insights Index, October 2024. 4.Evident AI Index 2025 published by Evident Insights Index, October 2025. 2021–2022 2026+2025202420232015–2020 MR For personal use only
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50 Reimagining customer experiences – home loans 1 Simpler, smarter and faster home buying and ownership experience 1. Information relates to new home loan applications unless noted otherwise. 2. Eligible customers able to discharge mortgage digitally via NetBank. 3. Proprietary home loan applications auto-approved using an automated credit rules engine in 1H26. 4. ‘Days’ relates to business days. Application times relate to average time to first decision for applications not auto-decisioned for 1H26 (simple and complex applications excluding home seeker). 5. Home loan digital document and signing utilisation for eligible customers in 1H26. 6. Retail home loans settled digitally via PEXA and Sympli in 1H26. 7. Number of unique customers using home loan features in the CommBank app in 1H26. 8. Share of property valuations assessed by CBA’s Automated Valuation Model during 1H26. 3 out of 4 property valuations assessed automatically8 >1.1 million customers managing home loan via CommBank app7 ~70% applications auto-decisioned same day3 (proprietary) <3 days time to first decision4 (proprietary & broker) ~91% digital loan document usage5 (proprietary & broker) ~96% applications settled digitally6 (proprietary & broker) CommBank app Simple & seamless applications – easier, more intuitive • Application – simple, intuitive digital applications with fast initial approval – includes first-home buyer schemes • Documentation – digital documents available in CommBank app once conditionally approved – for easy access • Status tracking – enhanced digital application tracking with interactive steps & personalised navigation • Channel choice – largest home lending network, digital option, broker-supported experience • Digital ID verification – identifying customers digitally using multiple forms of ID • Income & liability verification – extraction & assisted verification of financials using GenAI • Insurance verification – extraction & verification of building insurance using AI • Auto credit decisioning – simplified process for speed to decision, including for self employed • Simple set-up – simplified, fully digital loan account set-up and onboarding • Digital settlements – fast & on-time settlements • Self-service – enriched tools to view and make changes digitally alongside phone or in-branch support • Mortgage release – streamlined discharge process, digital discharge directly via NetBank2 Credit decisioning – faster & smarter Digital settlement & servicing – straight-through processing, self-serve MR For personal use only
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51 • Investing over $1 billion to help protect customers against fraud, scams, cyber threats & financial crime3 • >4.1 million notifications via intelligent warnings for first-time payments enhancing anti-scam protection4 • Industry-wide name & account matching capability through Confirmation of Payee (CoP) • Launched national AI, cybersecurity and digital capability initiative for 1 million small businesses • 95% increase in intelligence contributed to the Anti-Scams Intelligence Loop helping to protect all Australians5 • CustomerCheck used over 7.5 million times for safer customer identification through CommBank app6 • Introduced Click to Pay to over 6.8 million customers for safer, more secure online payments • Real-time intelligence using AI bots to engage & help disrupt scammers – 2,900+ AI bots in disruption fleet7 • BioCatch Trust behavioural & device-based intelligence sharing network – industry first • ConnectID available to all digitally active CommBank app customers 1. Launched 11 August 2025. 2. Average daily suspicious card activity alerts sent in 1H26. 3. Includes expenditure on operational processes and upgrading functionalities in 1H26, annualised. 4. Since launch in September 2024. 5. 1H26 vs 1H25. 6. July 2024 to December 2025. 7. As at 31 December 2025. Helping to keep our customers safe and secure Investing and innovating to help protect our customers Launched GenAI-powered SMS scam detection tool1 ~40,000 alerts sent daily identifying suspicious card activity2 Truyu SMS Scam Checker Security notifications MR For personal use only
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Financial overview Financial overview MR For personal use only
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53 Overview – 1H26 result 1 Key outcomes summary 1. Presented on a continuing operations basis, all movements on the prior comparative period unless otherwise stated. 2. Includes discontinued operations. 3. The Group uses PACC as a key measure of risk- adjusted profitability. It takes into account the profit achieved, the risk to capital that was taken to achieve it, and other adjustments. 4. Loan impairment expense as a percentage of average Gross Loans and Acceptances (GLAA) annualised. 5. International capital, refer to glossary for definition. 6. Represents the Weighted Average Maturity (WAM) of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 7. Quarterly average. 8. S&P, Moody’s and Fitch. S&P last published CBA’s ratings (unchanged and stable outlook) on 12 August 2025. Moody’s last published CBA’s ratings (unchanged and stable outlook) on 25 November 2025. Fitch last published CBA’s ratings (unchanged and positive outlook) on 24 November 2025. Financial Statutory NPAT ($m) 5,412 +5.3% Cash NPAT ($m) 5,445 +6.1% ROE (cash) 13.8% +10bpts EPS cents (cash) 326 +19c DPS2 ($) 2.35 +10c Cost to income 45.9% +70bpts NIM 2.04% (4bpts) Operating income ($m) 15,021 +6.6% Operating expenses ($m) 6,890 +8.1% Profit after capital charge (PACC)3 ($m) 3,156 +7.8% LIE to GLAA4 (bpts) 6 (1bpt) Balance sheet, capital & funding Capital – CET12,5 (Int’l) 18.3% (50bpts) Capital – CET12 (APRA) 12.3% +10bpts Total assets ($bn) 1,409 +7.7% Total liabilities ($bn) 1,331 +8.0% Deposit funding 79% +2% LT wholesale funding WAM6 5.2yrs +0.1yrs Liquidity coverage ratio7 132% +5% Leverage ratio (APRA)2 4.7% (0.2%) Net stable funding ratio 117% +1% Credit ratings8 AA-/Aa2/AA- Refer footnote 8 For personal use only
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54 307 306 326 1H25 2H25 1H26 45.2% 46.1% 45.9% 1H25 2H25 1H26 +6% Overview – 1H26 result Key financial outcomes 1. Presented on a continuing operations basis. 2. International capital, refer to glossary for definition. NIM1 Cost to income1 Cash ROE1Cash NPAT1 ($m) Cash EPS1 (cents) (4bpts) (20bpts) +40bpts DPS (cents) CET1 (APRA) CET1 (International)2 (25c) (50bpts) +6% 5,132 5,120 5,445 1H25 2H25 1H26 (4bpts) 2.08% 2.08% 2.04% 1H25 2H25 1H26 +70bpts +10bpts +19c +20c +10c 13.7% 13.4% 13.8% 1H25 2H25 1H26 Flat +10bpts (40bpts) 12.2% 12.3% 12.3% Dec 24 Jun 25 Dec 25 18.8% 18.7% 18.3% Dec 24 Jun 25 Dec 25 225 260 235 1H25 2H25 1H26 For personal use only
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55 2,690 2,640 2,727 1H25 2H25 1H26 +1% Cash NPAT By division 1 1. Presented on a continuing operations basis. Comparative information has been restated to conform to presentation in the current period. 2. New Zealand result incorporates ASB, and CBA cost allocations including capital charges and funding costs. The CBA Branch results relating to the IB&M business in New Zealand are not included. 3. New Zealand operating expense growth primarily driven by the settlement of legal proceedings. RBS BB IB&M NZ (NZD)2 vs 1H25 • Income +6% • Expenses +7% • Impairment expense +$153m vs 1H25 • Income +8% • Expenses +8% • Impairment expense ($129m) vs 1H25 • Income +9% • Expenses +5% • Impairment expense ($17m) vs 1H25 • Income +8% • Expenses3 +21% • Impairment expense ($14m) $m Cost to income $m $m 39.5% 39.1% 39.9% +10% $m 41.8% 45.0% 46.5% 686 611 698 1H25 2H25 1H26 +2% 42.0% 40.1% 40.2%32.3% 32.3% 32.2% +14% Q 2,001 2,091 2,272 1H25 2H25 1H26 592 646 650 1H25 2H25 1H26 For personal use only
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56 901.3 936.6 981.1 Dec 24 Jun 25 Dec 25 Group lending $bn +3.3% +7.3% 974.8 1,013.3 1,046.4 Dec 24 Jun 25 Dec 25 $bn Balance sheet 1,2 Disciplined volume growth 1. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. 2. Comparative information has been restated to conform to presentation in the current period. 3. Business loans growth of +3.6% (vs June 2025) driven by Business Banking growth of +5.3%, partly offset by NZ business and rural lending growth of -5.0% (excluding FX, NZ business and rural lending growth of +2.3%). 4. Term funding from central banks balance as at 31 December 2025: $16 million. $bn Dec 24 Jun 25 Dec 25 Dec 25 vs Jun 25 Dec 25 vs Dec 24 Home loans 685.3 707.9 730.2 3.2% 6.6% Consumer finance 16.9 17.1 17.2 0.8% 2.1% Business loans3 183.8 194.6 201.6 3.6% 9.7% Institutional loans 88.9 93.7 97.4 3.9% 9.6% Total Group lending 974.8 1,013.3 1,046.4 3.3% 7.3% Non-lending interest earning assets 262.7 283.1 305.5 7.9% 16.3% Other assets (incl. held for sale) 71.0 57.4 56.8 (1.0%) (20.0%) Total assets 1,308.6 1,353.8 1,408.7 4.1% 7.7% Total interest bearing deposits 791.0 822.1 861.4 4.8% 8.9% Non-interest bearing trans. deposits 110.3 114.5 119.6 4.5% 8.4% Total Group deposits 901.3 936.6 981.1 4.7% 8.8% Debt issues 167.1 170.5 169.5 (0.6%) 1.4% Term funding from central banks4 3.2 1.1 - (98.6%) (99.5%) Other interest bearing liabilities (incl. loan capital) 106.6 119.0 139.7 17.3% 31.1% Other liabilities (incl. held for sale) 55.1 47.7 41.2 (13.6%) (25.1%) Total liabilities 1,233.3 1,275.0 1,331.5 4.4% 8.0% Group deposits +4.7% +8.8% For personal use only
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57 167 167 169 170 172 173 176 176 177 179 181 183 186 58 60 62 61 62 62 62 65 64 65 66 66 67 225 227 231 231 234 235 238 240 241 244 248 249 253 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 179 180 175 175 177 175 185 187 182 185 190 192 196 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 5.5% 4.5% 9.6% 8.5% 416418 419 421 426 427 424 435 437 442 448 449 456 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 6 months Dec 25 12 months Dec 25 7.5% 6.6% 9.7% 9.0% 584 585 587590 592595 600 602 605 609 613 618 622 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 3.7% 3.5% 6.6% 6.6% 6 months Dec 25 12 months Dec 25 Volume growth Disciplined approach to growth 1, 2, 3, 4, 5, 6. Refer to sources, glossary and notes at the back of this presentation for further details. CBA System CBA (excl. IB&M) CBA (incl. IB&M) System (incl. Institutional lending) CBA System CBA System Home lending1,2 Business lending1,2,3 Household deposits1,4 Business deposits1,5 6 months Dec 25 12 months Dec 25 Balances by month $bn Balances by month6 $bn Balances by month $bn Balances by month $bn *Slide 57 1.Percentage growth calculations are based on actual numbers on a non-annualised basis. 2.Source: RBA Lending and Credit Aggregates. 3.Business including select financial businesses. 4.Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 5.Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) – Non-financial Business Deposits (including IB&M). 6.Totals calculated using unrounded numbers. 5.6% 6.0% 5.8% 11.6%12.3%9.8% 6 months Dec 25 12 months Dec 25 CBA (excl. IB&M) IB&M For personal use only
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58 0% 10% 20% 30% Peers unavailable 10% 20% 30% Market share 1 Disciplined approach – strong market share 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. % Dec 24 Jun 25 Dec 25 Home loans – RBA2 24.6 24.6 24.6 Home loans – APRA3 25.4 25.3 25.4 Credit cards – APRA3 27.7 28.2 28.1 Other household lending – APRA3,4 22.9 23.7 23.9 Household deposits – APRA3 26.5 26.4 26.6 Business lending – RBA5 17.2 17.6 17.6 Business lending – APRA3,6 18.7 18.9 19.1 Business deposits – APRA3,6 21.9 21.9 22.1 Equities trading7 3.3 3.3 3.5 NZ home loans8 21.1 21.2 21.4 NZ customer deposits8 18.6 18.8 18.8 NZ business and rural lending8 17.2 17.4 17.3 Business deposits3,6 Business lending5 Household deposits3,9Home lending2,9 18% Includes IB&M Jun 19 Dec 25 Jun 19 Dec 25 PeersCBACBA 22% 20% 18% 16% PeersCBAPeersCBA *Slide 58 1.Comparatives have been updated to reflect market restatements. 2.CBA source: RBA Lending and Credit Aggregates. Home lending peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. 3.System source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4.Other household lending market share includes personal loans, margin loans and other forms of lending to individuals. 5.Business including select financial businesses. 6.Represents business lending to and business deposits by non-financial businesses under APRA definitions. 7.Represents CommSec traded value as a percentage of total Australian equities markets, on a 12 month rolling average basis. 8.System source: Based upon RBNZ lending by purpose and deposits by sector data. Business and rural lending represents aggregated business and agriculture loans per RBNZ classifications. 9.Series break due to new regulatory definitions set by APRA from 1 July 2019. As a result of this change, market share is not comparable to previous reporting periods. Additional series break from June 2021 relating to restatements. 0% 10% 20% 30% 40% Break in series from Jun 21Break in series from Jul 19 25% 20% 14% 13% 7% Jun 07 Dec 25 0% 10% 20% 30% 40% Break in series from Mar 19 Break in series from Jun 21 27% 21% 14% 11% 6% Jun 07 Dec 25 For personal use only
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59 208 204 1 6(4) (2) (3) (2) 1H25 Liquids & repos Asset pricing Funding costs Portfolio mix Interest rate risk hedging Treasury & Markets 1H26 Group margin – 12 months Lower margin due to growth in liquids and repos – competition effects offset by replicating portfolio bpts 1. +$20bn increase in average liquid assets and +$10bn increase in average institutional repos in 1H26 vs 1H25. Increase in liquid assets1 (3) Increase in institutional repos1 (1) Home loan competition (2) Business lending competition (1) Consumer finance 1 Replicating portfolio 5 Higher earnings on capital 1 Minimal impact on earnings Deposit competition, mix and lower cash rate For personal use only
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60 Replicated portfolio (RP) & equity hedge1 -0.2% 0.2% 0.6% 1.0% 0.00% 4.00% 8.00% 1-Jun-08 1-Aug-08 1-Oct-08 1-Dec-08 1-Feb-09 1-Apr-09 1-Jun-09 1-Aug-09 1-Oct-09 1-Dec-09 1-Feb-10 1-Apr-10 1-Jun-10 1-Aug-10 1-Oct-10 1-Dec-10 1-Feb-11 1-Apr-11 1-Jun-11 1-Aug-11 1-Oct-11 1-Dec-11 1-Feb-12 1-Apr-12 1-Jun-12 1-Aug-12 1-Oct-12 1-Dec-12 1-Feb-13 1-Apr-13 1-Jun-13 1-Aug-13 1-Oct-13 1-Dec-13 1-Feb-14 1-Apr-14 1-Jun-14 1-Aug-14 1-Oct-14 1-Dec-14 1-Feb-15 1-Apr-15 1-Jun-15 1-Aug-15 1-Oct-15 1-Dec-15 1-Feb-16 1-Apr-16 1-Jun-16 1-Aug-16 1-Oct-16 1-Dec-16 1-Feb-17 1-Apr-17 1-Jun-17 1-Aug-17 1-Oct-17 1-Dec-17 1-Feb-18 1-Apr-18 1-Jun-18 1-Aug-18 1-Oct-18 1-Dec-18 1-Feb-19 1-Apr-19 1-Jun-19 1-Aug-19 1-Oct-19 1-Dec-19 1-Feb-20 1-Apr-20 1-Jun-20 1-Aug-20 1-Oct-20 1-Dec-20 1-Feb-21 1-Apr-21 1-Jun-21 1-Aug-21 1-Oct-21 1-Dec-21 1-Feb-22 1-Apr-22 1-Jun-22 1-Aug-22 1-Oct-22 1-Dec-22 1-Feb-23 1-Apr-23 1-Jun-23 1-Aug-23 1-Oct-23 1-Dec-23 1-Feb-24 1-Apr-24 1-Jun-24 1-Aug-24 1-Oct-24 1-Dec-24 1-Feb-25 1-Apr-25 1-Jun-25 1-Aug-25 1-Oct-25 1-Dec-25 Group margin Deposit hedge earnings higher – with swap rates increasing in 1H26 1. Represents domestic AUD equity and deposit hedges. 2. Tractor is the moving average hedge rate on equity and rate insensitive deposits. Exit tractor rate represents average rate for December 2025. 3. Represents the 6 month moving average of the equity and deposit tractor rates. 4. Based on average exposure to basis risk in December 2025. Liquidity & basis risk 1H26 Avg balance 1H26 Avg tractor2 Exit tractor2 rate Investment term Domestic equity hedge $54bn 3.80% 3.78% 3 years Deposit hedge $128bn 3.15% 3.26% 5 years • In 1H26, replicating portfolio earnings benefitted from higher average rates • Returns from the replicating portfolio and equity hedge are sensitive to 3 year and 5 year swap rates which increased in 1H26 Liquidity • Every additional $10bn of liquid assets is expected to reduce Group NIM by ~2bpts Basis risk • Dec 25 average BBSW/OIS spread = 7bpts • As at Dec 254, every 7bpts = ~1bpt of Group NIM, this ratio will reduce as exposure to basis risk increases relative to average interest earning assets Jun 08 Dec 25 RP hedge rate3 Equity hedge rate3 3M BBSW RBA official cash rate Jun 08 Dec 25 3 months BBSW/OIS spread Long-term basis risk avg: 21bpts For personal use only
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61 54 46 48 82 100 100 104 112 121 170 174 176 167 166 179 180 22 36 58 57 49 50 56 56 36% 25% 24% 21% 39% 46% 47% 49%15% 17% 18% 19% 10% 12% 11% 11% 330 430 459 501 Dec 19 Dec 23 Dec 24 Dec 25 Deposit switching Increasing at - call deposit mix 1. CBA Group, excludes ASB. Reflects retail and business deposits distributed to Retail Banking Services, Business Banking and Institutional Banking & Markets customers. 2. Excludes other demand deposits. 3. Includes Institutional Banking & Markets. 4. At-call interest bearing deposits excluding offsets. Offsets are included in at-call interest bearing deposits on the balance sheet. Business deposits1,2,3 $bn Term deposits At-call interest bearing4 Offsets4 Non-interest bearing (NIB) NIB Offsets At-call Term deposits NIB At-call Term deposits Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24Jun 25 Dec 25 Retail deposits1,2 $bn Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24Jun 25 Dec 25 118 94 83 95 107 108 109 107 129 153 172 181 196 215 223 243 34 47 63 63 52 51 49 54 49 57 66 70 75 85 85 97 27% 32% 31% 32% 62% 53% 53% 52%11% 15% 16% 16% 197 316 316 348 Dec 19 Dec 23 Dec 24 Dec 25 For personal use only
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62 Margins by division 1 Careful margin management despite continued competitive pressure 1. Comparative information has been restated to conform to presentation in the current period. Commentary reflects movement to the sequential half. 2. Institutional Banking & Markets NIM including Markets – 1H25: 94bpts, 2H25: 92bpts and 1H26: 84bpts. 3. NIM is ASB Bank only and calculated in NZD. BB Higher earnings on the replicating portfolio and favourable portfolio mix, partly offset by increased lending competition and lower deposit margins IB&M (ex Markets)2 Lower deposit and lending margins, and lower Structured Asset Finance income following the sale of the aircraft leasing portfolio, partly offset by favourable asset mix NZ (ASB)3 Higher treasury and replicating portfolio earnings, and higher home loan margins, partly offset by lower deposit margins from increased competition 250 251 250 1H25 2H25 1H26 bpts 196 205 197 1H25 2H25 1H26 bpts 229 224 235 1H25 2H25 1H26 bpts 333 331 336 1H25 2H25 1H26 bpts RBS Lower deposit margins from competition, mix shift to higher yielding savings products, and increased home lending competition, partly offset by earnings on the replicating portfolio and favourable portfolio mix For personal use only
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63 • Lower FX sales volumes • Favourable XVA • Higher trading gains in Markets, partly offset by • Lower Treasury income from liquid asset sales 1H26 vs 1H25 401 376 377 133 278 234 (15) 26 (8) 519 680 603 1H25 2H25 1H26 Other operating income 1 Higher Markets trading and CommSec equities income, and non - recurring items 1. Presented on a continuing operations basis. 2. Includes funds management income. Sales $m Trading Derivative valuation adjustment • Higher trading gains in Markets, partly offset by • Lower Treasury income from liquid asset sales • Lower Structured Asset Finance revenue following the sale of the aircraft leasing portfolio, partly offset by • Fair value gain on investment in Gemini following its Initial Public Offering • Recognition of a milestone payment in relation to the sale of CommInsure General Insurance • Higher equities income from growth in trading volumes, partly offset by • Lower deposit fees from fee waivers • Higher volume driven business and institutional lending fees 1H26 vs 1H25 $m Trading incomeOther operating income 1,085 1,014 1,146 449 463 465 519 680 603 110 122 1122,163 2,279 2,326 1H25 2H25 1H26 Commissions Lending fees Trading Other2 For personal use only
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64 14,368 15,021 606 47 2H25 Net interest income Other operating income 1H26 Sequential half operating income 1 Higher income achieved through disciplined franchise growth – slightly lower margin excluding liquids & repos 1. Presented on a continuing operations basis. 2. Excluding liquid assets and institutional repos which have a broadly neutral impact on net interest income. 3. Includes New Zealand and other business loans. 3% 5% 6% 5% Home loans Business loans Insto. loans Deposits Avg. Volume Growth • Margin excl. liquids & repos2 • Average lending volume growth • Average deposit volume growth • 3 additional days (1bpt) +3.4% +5.3% +$200m • Recognition of a milestone payment in relation to the sale of CommInsure General Insurance; and • Fair value gain on investment in Gemini following its Initial Public Offering 3 $m +4.5% MR For personal use only
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65 236 108 49 (42) (125) 6,494 6,720 2H25 Inflation Investment in technology Investment in frontline and operations Other Productivity 1H26 +3.5% Sequential half operating expenses 1 Inflation driving higher sequential expense growth – investments largely offset by productivity 1. Presented on a continuing operations basis excluding restructuring and notable items. For 1H26 this relates to provisions for the settlement of legal proceedings in NZ, an additional goodwill payment made to certain customers as a result of ASIC’s Better Banking review, and domestic customer remediation. For 2H25 this related to domestic and NZ customer remediation as well as a Bankwest restructuring provision. Headline operating expenses +4.0% including these items. Underlying cost to income 44.7%45.2% Contribution to mvt: Cumulative cost savings realised (last 7 yrs): • 1H26: $1,207m • 2H25: $1,082m • Wage inflation including higher super guarantee • IT vendor inflation +3.6% (1.9%)+1.7% +0.8% $m • Higher cloud consumption and software licensing • Investment in infrastructure, resilience & AI capabilities (0.7%) MR For personal use only
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66 1.9 1.8 1.7 1.3 1.4 1.4 1.9 2.1 2.6 2.8 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26 Capitalised software ($bn) 546 541 575 550 660 632 1,096 1,201 1,207 1H25 2H25 1H26 45% 44% 46% 30% 29% 29% 25% 27% 25% 1,096 1,201 1,207 1H25 2H25 1H26 Cost approach Continued investment in infrastructure, modernisation and AI - mix shift towards productivity and growth 1. Cumulative cost savings since FY19. Investment spend Cumulative savings1 Examples $m $m • AI-powered messaging solutions streamlining customer interactions • Digitisation of customer identification and verification • Enhanced self-service capability for digital customer transaction disputes • Digitisation of loan and deposit origination • Reduced reliance on external vendors through insourcing, while building world-class capability Productivity & growth Risk & compliance Infrastructure & branches $m Expensed Capitalised Continued investment in modernisation of technology infrastructure and to enhance our AI capability 986 1,082 1,207 1H25 2H25 1H26 Cost reduction For personal use only
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67 1.8 1.9 2.0 2.0 2.3 2.4 Investment spend Continued investment in technology to accelerate infrastructure refresh and enhance AI capability Submission from ETP 13.01 Gross spend $bn Focus of increased investment ~$100m increased investment FY21 FY22 FY23 FY24 FY25 1H26 annualised Accelerate refresh of tech infrastructure: • Enhance customer experiences • Faster delivery of change • Improve security and resilience Enhance our GenAI capability: • Scaling AI tooling and training for employees • AI-ready infrastructure transformation • Progress in critical use cases & LLMs • Migration of Core Banking to Cloud – one of the largest and fastest migrations globally • Launched CommBiz 2.0 Mobile app – delivering an improved user experience and AI-backed security1 • 30% more tech changes deployed – significant reduction in critical incidents with recovery time from critical incidents improving 65%2 • 85% of customer interactions via unassisted messaging channels resolved by AI3 • Ranked #1 APAC bank and #4 globally in AI maturity by the Evident AI Index4 • ChatGPT Enterprise access for 33,000 employees Delivered in 1H26 1. Launched August 2025. 2. 1H26 vs 1H25 on a rounded basis. Critical incidents recovery time based on the Mean Time to Recover. 3. Customer interactions via CBA’s AI-powered messaging chatbot ‘Ceba’ as at December 2025. 4. Evident AI Index 2025 published by Evident Insights Index, October 2025. Investment spend MR For personal use only
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68 26 17 19 17 18 18 18 18 18 17 26 4 (7) 11 6 5 7 76 43 24 23 13 11 20 8 10 14 50 16 4 15 16 14 4 41 25 21 20 16 16 19 15 15 16 33 7 (4) 12 9 7 6 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26 Loan losses Loan impairment expense remains low 1. Loan impairment expense as a percentage of average Gross loans and acceptances annualised. 2. Comparative information has been restated to conform to presentation in the current period. CorporateConsumer 3 6 7 16 13 4 7 8 6 1H25 2H25 1H26 3 17 2 3 7 8 6 (2) 1 6 RBS BB IB&M ASB Group 1H261H25 Loan loss rate by business unit1,2 bpts Loan loss rate1 bpts For personal use only
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69 1.33 1.35 1.25 1.18 1.64 1.55 1.41 1.29 Peer 2 Sep 25 CBA Dec 25 Peer 3 Sep 25 Peer 1 Sep 25 Provisions 1 Strong provision coverage maintained 1. AASB 9 classifies loans into stages; Stage 1 – Performing, Stage 2 – Performing but significantly increased credit risk, Stage 3 – Non-performing. Performing relates to Stage 1 and Stage 2. Non-performing relates to Stage 3. Stage 2 is defined based on a significant deterioration in internal credit risk ratings, as well as other indicators such as arrears. Assessment of Stage 2 includes the impact of forward-looking adjustments for emerging risk. 2. Excludes provisions on debt securities fair valued through other comprehensive income for comparability. 3. Segmentation of loans in retail and risk rated portfolios is based on the mapping of a counterparty’s internally assessed PD to S&P Global ratings (refer to Pillar 3), reflecting a counterparty’s ability to meet their credit obligations. 4. The assessment of significant increase in credit risk includes the impact of forward-looking multiple economic scenarios in addition to adjustments for emerging risks at an industry, geographic location or particular portfolio segment level, which are calculated by stressing an exposure’s internal credit rating grade at the reporting date. This accounts for approximately 57% of Stage 2 exposures as at 31 December 2025 (30 June 2025: 58%, 31 December 2024: 60%). Collective provision coverage Total provision coverage Provisions by stageProvision coverage2/CRWA % Stage 2 exposures by credit grade3 Weak Pass Investment 30 26 157 151 9 9 $196bn $186bn Jun 25 Dec 25 Credit exposures Credit provisions $m Jun 25 Dec 25 Jun 25 Dec 25 Stage 1 1,023,199 1,076,830 1,824 1,982 Stage 24 196,058 186,200 3,036 2,890 Stage 3 9,148 8,914 701 670 Stage 3 1,854 1,555 816 793 Total 1,230,259 1,273,499 6,377 6,335 Individually assessed Collectively assessed For personal use only
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70 1,496 602 (8) 650 Income Expenses LIE NPAT 50% of Group NPAT 42% of Group NPAT 12% of Group NPAT 11% of Group NPAT3 39.5% 39.9% 1H25 1H26 Financial performance 1 1H26 financial performance by division 1. Comparative information has been restated to conform to presentation in the current period. Group Cash NPAT includes net loss after tax from the Group Corporate Centre not shown in the business unit contribution. 2. Net interest income (NII) and Other operating income (OOI). 3. ASB Bank only and calculated in Australian dollars. RBS BB IB&M ASB (NZD) $m Cost to income Cost to income Cost to income +6% +7% Lge +1%vs 1H25 +8% +8% (59%) +14% +9% +5% (Lge) +10% Cost to income Income NII – Lending and deposit volume growth and higher earnings on replicating portfolio and equity hedge, partly offset by margin compression. OOI – Lower merchants, deposit fee and cards income, partly offset by higher equities trading volume. Expenses Higher technology spend, inflation and investment in product offerings. LIE Lower collective and specific provision charges due to improvements in underlying credit quality and an increase in write backs. Income NII – Lending and deposit volume growth, higher earnings on equity, and favourable portfolio mix, partly offset by lower deposit earnings and lower institutional lending margins due to competition. OOI – Higher trading and lending fee income, partly offset by lower Structured Asset Finance income following the sale of the aircraft leasing portfolio. Expenses Inflation and higher IT vendor costs. LIE Release of individually assessed provisions, partly offset by higher collective provisions reflecting elevated global macroeconomic uncertainty. Income NII – Lending and deposit volume growth, higher home loan margins, higher earnings on the replicating portfolio and equity hedge, partly offset by lower deposit margins due to competition. OOI – Higher funds management income and FV gains on government bonds, offset by lower lending fee income including customer reimbursements. Expenses Settlement of class action, wage inflation, higher FTE, and higher technology costs, partly offset by productivity. LIE Lower write-offs and lower home lending provisions reflecting improved credit quality, partly offset by lower forecast house price growth. 2 6,871 2,742 232 2,727 Income Expenses LIE NPAT $m $m $m 1,835 839 3 719 Income Expenses LIE NPAT 40.8% 45.7% 1H25 1H26 42.0% 40.2% 1H25 1H26 +8% +21% (82%) +1% 4,926 1,584 91 2,272 Income Expenses LIE NPAT Income NII – Lending and deposit volume growth, higher earnings on replicating portfolio and equity hedge, and favourable portfolio mix, partly offset by lower lending and deposit margins. OOI – Recognition of a milestone payment in relation to the sale of CommInsure General Insurance, and higher volume-driven equities, cards and lending fee income. Expenses Investment in proprietary lending and technology, inflation and amortisation, partly offset by productivity. LIE Higher collective provisions due to elevated geopolitical tensions and macroeconomic uncertainty. 32.3% 32.2% 1H25 1H26 222 For personal use only
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Home & consumer lending MR For personal use only
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72 $bn 634 659 105 (10) (19) (51)10 Jun 25 New fundings Internal refinance Repayments Property sales / external refinance / other Dec 25 95 Internal refinance 25% 25% 21% 14% 13% 14% 14% 22% 20% D… F… A… J… A… O… D… F… A… J… A… O… D… F… A… J… A… O… D… F… A… J… A… O… D… F… A… J… A… O… D… F… A… J… A… O… 20% Dec 19 Dec 25 CBA Group Peer 2Peer 1 Peer 3CBA (ex Bankwest) Home loans – overview Disciplined strategic and operational execution, targeted growth – focus on sustainable returns 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. Consistent market share performance1 Fundings weighted towards proprietary distribution Operational discipline with fast, efficient processing 66% 67% 67% 34% 33% 33% 1H25 2H25 1H26 Fundings mix3 58% 59% 57% 42% 41% 43% 1H25 2H25 1H26 Fundings mix2 OO IHL 99% 99% 99% 1% 1% 1% 1H25 2H25 1H26 Fundings mix2 Variable Fixed ~96%<3 days ~91%~70% Applications settled digitally9 (proprietary & broker) Time to first decision7 (proprietary & broker) Digital loan documents usage8 (proprietary & broker) Applications auto- decisioned same day6 (proprietary) Disciplined approach to balance growth5 67 69 87 85 105 1H24 2H24 1H25 2H25 1H26 New fundings2 $bn *Slide 72 1.CBA source: RBA Lending and Credit Aggregates, Peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. Series break from June 2021 relating to restatements. 2.Includes internal refinancing, Unloan, Residential Mortgage Group and Bankwest and excludes Viridian Line of Credit. 3.Excludes Bankwest and Residential Mortgage Group. 4.Average home loan return based on $600,000 loan size. Broker returns adjusted for upfront and trail commissions and lower operating expenses, with upper end of range driven by those banks which continue to offer a standard $2,000 cashback offer. 5.CBA including Bankwest. Excludes ASB. 6.Proprietary home loan applications auto-decisioned using an automated credit rules engine in 1H26. 7.‘Days’ relates to business days. Application times relate to average time to first decision for applications not auto- decisioned for 1H26 (simple and complex applications excluding home seeker). 8.Home loan digital document and signing utilisation for eligible customers in 1H26. 9.Retail home loans settled digitally via PEXA and Sympli in 1H26. Prop. Broker Proprietary originated home loans ~20-30% more profitable than broker4 For personal use only
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73 Portfolio1 Dec 24 Jun 25 Dec 25 Total balances – spot ($bn) 616 634 659 Total balances – average ($bn) 605 623 645 Total accounts (m) 1.9 1.9 1.9 Variable rate (%) 91 95 96 Owner occupied (%) 69 68 67 Investment (%) 30 31 32 Line of credit (%) 1 1 1 Proprietary (%)2 54 54 54 Broker (%)2 46 46 46 Interest only (%)2,3 11 11 12 Lenders’ mortgage insurance (%)2 14 12 12 Mortgagee in possession (bpts)2 1 2 1 Negative equity (%)2,4 0.8 0.8 0.6 Annualised loss rate (bpts)2 0 0 0 Portfolio dynamic LVR (%)2,5 42 42 41 Customers in advance (%)2,6 81 85 87 Payments in advance incl. offset2,7 31 32 35 Offset balances – spot ($bn)8 85 85 97 New business1 Dec 24 Jun 25 Dec 25 Total funding ($bn)9 87 85 105 Average funding size ($’000)10 490 490 522 Serviceability buffer (%)11 3.0 3.0 3.0 Variable rate (%) 99 99 99 Owner occupied (%) 58 59 57 Investment (%) 42 41 43 Line of credit (%) 0 0 0 Proprietary (%)2 54 54 54 Broker (%)2 46 46 46 Interest only (%)12 24 24 26 Lenders’ mortgage insurance (%)2 6 7 7 Debt-to-income ≥ 6x – total (%)2,13 5 5 7 1. All portfolio and new business metrics are based on balances and funding respectively, unless stated otherwise. All new business metrics are based on 6 months to December 2024, June 2025 and December 2025. CBA including Bankwest. Excludes ASB. 2. Excludes Residential Mortgage Group. 3. Excludes Viridian Line of Credit. 4. Negative equity arises when the outstanding loan balance (less offset balances) exceeds updated house value. Based on outstanding balances, taking into account both cross-collateralisation and offset balances. Excludes Line of Credit, Reverse Mortgage, Commonwealth Portfolio Loans, Residential Mortgage Group and Unloan. 5. Dynamic LVR defined as current balance/current valuation. 6. Any amount ahead of monthly minimum repayment; includes offset facilities. 7. Average number of monthly payments ahead of scheduled repayments. 8. CBA including Bankwest. 9. Gross funding includes internal refinancing and top-ups, Viridian Line of Credit and Residential Mortgage Group. 10.Average funding size defined as funded amount/number of funded accounts. Excludes Residential Mortgage Group. 11.Serviceability test based on the higher of the customer rate plus an interest rate buffer or minimum floor rate. 12.Based on the APRA definition of interest only reporting, inclusive of construction loans. 13.Total debt amount / gross income. APRA limits up to 20 per cent of total new lending at debt six times income or more (limit applies separately to investor and owner-occupied segment), excludes bridging loans for owner-occupiers and loans for the purchase or construction of new dwellings. Based on unconditionally approved applications. Home loans – CBA 1 A disciplined approach to portfolio quality, growth and sustainable returnsFor personal use only
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74 Home loans – CBA ex BWA 1 A disciplined approach to portfolio quality, growth and sustainable returns Portfolio1 Dec 24 Jun 25 Dec 25 Total balances – spot ($bn) 511 523 540 Total balances – average ($bn) 505 515 530 Total accounts (m) 1.6 1.6 1.6 Variable rate (%) 91 95 96 Owner occupied (%) 69 69 68 Investment (%) 30 30 31 Line of credit (%) 1 1 1 Proprietary (%)2 62 63 63 Broker (%)2 38 37 37 Interest only (%)2,3 10 10 11 Lenders’ mortgage insurance (%)2 13 12 11 First home buyers (%)11 8 7 7 Mortgagee in possession (bpts)2 1 2 1 Annualised loss rate (bpts)2 0 1 0 Portfolio dynamic LVR (%)2,4 42 42 40 Customers in advance (%)2,5 80 84 86 Payments in advance incl. offset2,6 33 33 36 Offset balances – spot ($bn) 71 71 80 New business1 Dec 24 Jun 25 Dec 25 Total funding ($bn)7 68 67 83 Average funding size ($’000)8 487 491 526 Serviceability buffer (%)9 3.0 3.0 3.0 Variable rate (%) 99 99 99 Owner occupied (%) 60 62 59 Investment (%) 40 38 41 Line of credit (%) 0 0 0 Proprietary (%)2 66 67 67 Broker (%)2 34 33 33 Interest only (%)10 22 21 25 Lenders’ mortgage insurance (%)2 6 7 7 First home buyers (%)11 8 8 8 1. All portfolio and new business metrics are based on balances and funding respectively, unless stated otherwise. All new business metrics are based on 6 months to December 2024, June 2025 and December 2025. CBA excluding Bankwest and ASB. 2. Excludes Residential Mortgage Group. 3. Excludes Viridian Line of Credit. 4. Dynamic LVR defined as current balance/current valuation. 5. Any amount ahead of monthly minimum repayment; includes offset facilities. 6. Average number of monthly payments ahead of scheduled repayments. 7. Gross funding includes internal refinancing and top-ups, Viridian Line of Credit and Residential Mortgage Group. 8. Average funding size defined as funded amount/number of funded accounts. Excludes Residential Mortgage Group. 9. Serviceability test based on the higher of the customer rate plus an interest rate buffer or minimum floor rate. 10.Based on the APRA definition of interest only reporting, inclusive of construction loans. 11.Excludes Residential Mortgage Group and Unloan. For personal use only
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75 Home loans – serviceability assessment 1 93% of the book originated under tightened standards since FY16 1. CBA excluding Bankwest unless stated otherwise. Excludes Line of Credit, Reverse Mortgage, Commonwealth Portfolio Loan and Residential Mortgage Group. 2. Serviceability changes are reflective of changes made within the financial year and may have changed since implementation or may not be currently in place. 3. Indicative loan assessment and is subject to change. 4. Self-employed applicants required to present latest full year financials showing two years trading performance. 5. Existing CBA Business Banking customers with at least two years trading history eligible to present latest full year financials with latest year trading performance. 6. HELP debt is excluded from serviceability assessment where repayment is expected within 12 months and assessed at a reduced buffer rate where repayment is expected within 1 to 5 years. New loan assessment (from FY16)3 Income • All income used in application to assess serviceability is verified • 80% or lower cap on less stable income sources (e.g. bonus, overtime) • Applicants reliant on less stable sources of income manually decisioned • 90% cap on tax free income, including government benefits • Limits on investor income allowances • Rental income net of rental expenses used for servicing Living expenses • Living expenses captured for all customers • Servicing calculations use the higher of declared expenses or HEM adjusted by income and household size • Expenses excluded from HEM are added to the higher of the declared expenses or HEM Interest rates • Assess customer ability to pay based on the higher of the customer rate plus serviceability buffer or minimum floor rate • Interest only loans assessed on principal and interest basis over the residual term of the loan Existing debt • Existing customer commitments are verified through Comprehensive Credit Reporting (CCR) and CBA transaction accounts data where available • CBA transaction accounts and CCR data used to identify undisclosed customer obligations • For repayments on existing debt: – CBA and OFI repayments recalculated using the higher of the actual rate plus a buffer or minimum floor over remaining principal and interest loan term – Credit card repayments calculated at an assessment rate of 3.8% – Other debt repayments calculated based on actual rate + buffer 93% of the book originated under tightened standards since FY16 Key serviceability changes by year2 FY16-19 • Increased serviceability buffer and buffers on existing debts • Removed Low doc and EQFS products • Tightened lending requirements for non-residents and use of foreign currency • Tightened lending requirements in high-risk areas • Reduced IO maximum term limits FY20 • Changes to serviceability buffer and floor assessment rate • Removed LMI/LDP waivers for construction, land loans • Temporary COVID-19 tightening on verification FY21 • Restrictions on family guarantor arrangements • Rental expense capture (net rental income) • Expenses excluded from HEM added to higher of declared expenses or HEM • Increased serviceability floor rate • Reduced max LVR for construction and bridging loans FY22 • Enhanced self-employed and investment income calculations • Increased serviceability buffer FY23 • Tightened LVR limits for high value properties • Updated postcode level appetite to current economic cycle • Updated rental income shading and maximum yield to market cycle • Allowed latest year financials for high quality self-employed segments4 • Increased serviceability floor rate FY24 • Expanded application of postcode-level appetite across higher risk locations FY25 • Enhanced self-employed income verification for eligible CBA Business Banking customers allowing the use of latest full year financials5 • Updated treatment for repayment of ‘near term’ HELP debt6 1H26 • Removed non-individual borrowing (Company or Trusts) for Third Party introduced loans where customers have less than six month lending history with the Bank Pre-FY16 FY16-FY19 FY20 FY21 FY22 FY23 FY24 FY25 93% For personal use only
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76 Serviceability buffer and interest rates Loans assessed based on the higher of the customer rate4 + buffer, or minimum floor rate Home loans – borrowing capacity 1 Improved borrowing capacity from lower interest rates 1. CBA excluding Bankwest and Unloan, unless noted otherwise. 2. Scenarios based on differing assumptions with respect to family types, number of dependents, loan size, income sources and existing liabilities/commitments. 3. Applications that have passed system serviceability test; borrowed with excess capacity reflects applicants above minimal net income surplus. 4. Customer rate includes any customer discounts that may apply. 5. SVR (OO P&I) reflects the advertised reference rate and does not include any customer pricing concessions. 6. CBA including Bankwest. Excludes Line of Credit, Reverse Mortgage, Commonwealth Portfolio Loan, Residential Mortgage Group and Unloan. Application gross income band6 6 months to Dec 25 – Funding $ Application gross income band6 6 months to Dec 25 – Funding # Investor home loans (IHL)Owner occupied (OO) Investor home loans (IHL)Owner occupied (OO) SVR (OO P&I)5 Buffer Minimum floor rate Borrowing capacity2 Change in maximum borrowing capacity2 – indexed Dec 16 % of applicants with additional capacity to borrow3 89% 90% 90% Dec 23 Dec 24 Dec 25 7.55 8.55 8.80 8.80 8.80 8.30 8.05 3.00 3.00 3.00 3.00 3.00 3.00 3.00 Dec 22 Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 5.25% 5.40% 11.0510.55 11.55 11.80 11.80 11.3011.80 0% 10% 20% 30% 40% 50% 60% 0k to 75k 75k to 100k 100k to 125k 125k to 150k 150k to 200k 200k to 500k > 500k 0% 10% 20% 30% 40% 50% 60% 0k to 75k 75k to 100k 100k to 125k 125k to 150k 150k to 200k 200k to 500k > 500k 40% 60% 80% 100% 120% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Single owner occupier Joint owner occupier Single Investor Joint Investor For personal use only
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77 1.15% 1.11% 0.61% 0.63% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 49 85 85 97 46 63 64 6795 148 149 164 Dec 19 Dec 24 Jun 25 Dec 25 35323135 Dec 25Jun 25Dec 24Dec 19 53% 42% 42% 41% Dec 19 Dec 24 Jun 25 Dec 25 Dynamic LVR7 Portfolio average Home loan arrears6 30+ days, 90+ days Home loans – resilience 1,2 Higher savings buffers and low DLVR – arrears lower 1. CBA including Bankwest. 2. Excludes Line of Credit, Reverse Mortgage, Commonwealth Portfolio Loans, Residential Mortgage Group and Unloan, unless otherwise stated. 3. Any amount ahead of monthly minimum repayment; includes offset balances. 4. Average number of monthly payments ahead of scheduled repayments. 5. Redraw balances represent the value of all payments in advance (payments ahead of scheduled repayments), excluding offset facilities. 6. Group including New Zealand. 7. CBA including Bankwest, Line of Credit and Reverse Mortgages. Excludes Commonwealth Portfolio Loans, Residential Mortgage Group and Unloan. Taking into account cross-collateralisation. Offset balances not considered. Average payments in advance3,4 # of payments Offset and redraw balances $bn 30+ days 90+ days 87%85%81%82%% customers in advance3 Offset1 Redraw5 For personal use only
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78 9% 7% 7% 2% 1% 1% 2% 1% 1% 6% 5% 4% 19% 14% 13% Dec 24 Jun 25 Dec 25 34% 7% 7% 6% 12% 15% 19% 35% 7% 7% 6% 12% 19% 14% 37% 7% 7% 7% 12% 17% 13% > 2 years 1-2 years 6-12 months 3-6 months 1-3 months < 1 month On Time Home loans – savings and repayment buffers Higher savings and repayment buffers 1. CBA including Bankwest. Excludes Line of Credit, Reverse Mortgages, Commonwealth Portfolio Loans, Residential Mortgage Group and Unloan. Includes offset facilities, excludes loans in arrears. 2. Any amount ahead of monthly minimum repayment; includes offset facilities. Repayment buffers1 % of accounts Payments on time1 % of accounts Residual Structural: e.g. fixed rate loans New accounts: <1 year on book Investment loans: negative gearing/tax benefits Dec 24 Jun 25 Dec 25 81% 85% 87% Dec 24 Jun 25 Dec 25 % customers in advance2 For personal use only
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79 0% (2%) 4% 5% 1% 3% 2% 4% 3% 3%4% 3% 9% 12% 5% NSW VIC QLD WA Australia 0% 10% 20% 30% 40% 50% 60% 70% 80% LVR ≤ 60% LVR 60%-70% LVR 70%-80% LVR 80%-90% LVR 90%-95% LVR 95%-100% LVR > 100% 0% 10% 20% 30% 40% 50% 60% 70% 80% LVR ≤ 60% LVR 60%-70% LVR 70%-80% LVR 80%-90% LVR 90%-95% LVR 95%-100% LVR > 100% House price movements by state5 Negative equity4 Proportion of balances in negative equity • 75% of customers ahead of repayments • 11% of home loans in negative equity have Lenders Mortgage Insurance Home loans – portfolio DLVR 1 Portfolio DLVR of 41% – supported by strong house price growth 1. CBA including Bankwest. Excludes Line of Credit, Reverse Mortgage, Commonwealth Portfolio Loan, Residential Mortgage Group and Unloan. 2. Taking into account cross-collateralisation. Offset balances not considered. 3. CBA including Bankwest, Line of Credit and Reverse Mortgages. Excludes Commonwealth Portfolio Loans, Residential Mortgage Group and Unloan. Average calculations based on collateral grouping. 4. Negative equity arises when the outstanding loan (less offsets) exceeds house value. Based on outstanding balances, taking into account cross-collateralisation and offset balances. CBA updates house prices monthly using internal and external valuation data. 5. Six month change sourced from Cotality Home Value Index released 2 January 2026. 86% NSW & VIC Dynamic LVR bands2 % of total portfolio accounts Dynamic LVR bands2 % of total portfolio balances Dec 24 Jun 25 Dec 25 Dec 24 Jun 25 Dec 25 Average dynamic LVR3 Dec 24 Jun 25 Dec 25 Dec 24 42% Jun 25 42% Dec 25 41% 0.5%0.6%0.6% 0.6%0.8%0.8% Dec 25Jun 25Dec 24 Negative equity >$50k Negative equity For personal use only
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80 28% 55% 4%5% 8% 26% 48% 7% 12% 7% 27% 54% 5% 7% 7% 3.4 3.5 3.9 5.2 5.5 6.0 6.0 0.3 0.4 0.4 0.3 0.3 0.4 0.4 3.7 3.9 4.3 5.5 5.8 6.4 6.4 Dec 22 Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 1983 1993 2003 2013 2023 Non-performing, not well-secured home loans represents < 0.1% of home loan balances Losses to average gross loans and acceptances (GLAA)5 Portfolio insurance profile3 % of home loan portfolio Australian non-performing home loans2 Home loans – non - performing loans, losses & insurance 1 Non - performing home loans moderating with improved arrears trends – portfolio largely well - secured 1. CBA including Bankwest. 2. Non-performing exposures are exposures in default as defined in regulatory standard APS220 Credit Risk Management. Well-secured home loans are defined as those with LMI or where the fair value of collateral after applying a conservative haircut to the most recent valuation exceeds the estimated future contractual cash flows. Estimated future contractual cash flows includes loan balance, interest and expenses during the resolution period. 3. Excludes Line of Credit, Reverse Mortgages, Commonwealth Portfolio Loan, Residential Mortgage Group and Unloan. 4. Reflects total Australian non-performing, not well-secured home loans. 5. Bankwest included from FY09. 6. Helia and QBE are LMI providers to CBA and Bankwest respectively of new high Loan to Value Ratio (LVR) residential mortgages under an existing Supply and Service contract. Arch Lenders Mortgage Indemnity Limited has been selected as the next LMI provider for CBA and Bankwest from 1 February 2026. NSW VIC QLD Non-performing home loans have moderated following improvements in 90+ arrears. Non-performing, not well-secured home loans broadly flat over the six months to Dec 25. $0.4bn4 WA Other Dec 25 $0.4bn4$0.3bn4 Dec 24 Jun 25 Australian non-performing, not well-secured home loans2,3 % by state 0.01% 0.00% 0.00% 0.00% Dec 22 Dec 23 Dec 24 Dec 25 Group total loans CBA home loans CBA home loans loss rate 2025 85% Insurance not required – lower risk profile e.g. low LVR 12% Insurance with Helia6 or QBE6 for higher risk loans above 80% LVR 3% Low deposit premium segment $bn Well-secured Not well-secured Total For personal use only
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81 0.0% 0.5% 1.0% 1.5% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 FY18 FY19 FY20FY21FY22FY23 FY24 FY25 FY26 0.0% 1.0% 2.0% 3.0% 0 6 12 18 24 30 36 42 48 54 60 66 72 Months on Book 0.0% 0.5% 1.0% 1.5% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 1.0% 2.0% 3.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 0.5% 1.0% 1.5% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Portfolio 30+ days Year 30+ days Home loans – arrears (30+ days) Arrears moderating as cost - of - living pressures continue to ease 1. CBA including Bankwest. Excludes ASB, Line of Credit, Reverse Mortgages, Commonwealth Portfolio Loan, Residential Mortgage Group and Unloan. 2. Fixed rate home loan arrears has been impacted by a decrease in fixed rate home loan balances as customers have switched to variable rate loans. Balance of 30+ days arrears for fixed rate loans has decreased and remains low (Dec 25: $268 million). Group BWA ASB CBA 2020 2021 2022 2023 2024 2025 Product 30+ days1 Repayment and interest type 30+ days1 Vintage 30+ days1 State 30+ days1 Owner occupied Investment NT WA QLD SA AUS TAS VIC NSW ACT Principal & interest Interest only Fixed2 Variable Portfolio For personal use only
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82 0.0% 0.2% 0.4% 0.6% 0.8% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 FY18 FY19 FY20FY21FY22FY23FY24 FY25 FY26 0.0% 0.5% 1.0% 1.5% 2.0% 0 6 12 18 24 30 36 42 48 54 60 66 72 Months on Book 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 0.5% 1.0% 1.5% 2.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Portfolio 90+ days Year 90+ days Home loans – arrears (90+ days) Arrears moderating as cost - of - living pressures continue to ease 1. CBA including Bankwest. Excludes ASB, Line of Credit, Reverse Mortgages, Commonwealth Portfolio Loan, Residential Mortgage Group and Unloan. 2. Fixed rate home loan arrears has been impacted by a decrease in fixed rate home loan balances as customers have switched to variable rate loans. Balance of 90+ days arrears for fixed rate loans has decreased and remains low (Dec 25: $129 million). Group BWA ASB CBA 2020 2021 2022 2023 2024 2025 Product 90+ days1 Repayment and interest type 90+ days1 Vintage 90+ days1 State 90+ days1 Owner occupied Investment NT WA QLD SA AUS TAS VIC NSW ACT Principal & interest Interest only Fixed2 Variable Portfolio For personal use only
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83 0.0% 0.5% 1.0% 1.5% 2.0% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0.0% 0.5% 1.0% 1.5% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0.0% 0.5% 1.0% 1.5% 2.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 0.0% 2.0% 4.0% 6.0% Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Consumer finance – arrears 1 Arrears moderating – Bankwest personal loan portfolio in run - off 2 1. Group consumer arrears including New Zealand. 2. Bankwest personal loan applications closed in 1H25 as part of portfolio simplification under new digital bank operating model. Personal loan portfolio in run-off with spot balance $0.1bn as at 31 December 2025. Credit cards Portfolio Group 30+ days Portfolio Group 90+ days By year Group 90+ days Portfolio Group 90+ days By year Group 90+ days Group BWA ASB CBA Group BWA ASB CBA 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Group BWA ASB CBA Group BWA ASB CBA Personal loans Portfolio Group 30+ daysFor personal use only
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Business & corporate lending MR For personal use only
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85 0.11% 0.09% 0.09% 0.05% 0.06% 0.05% 0.08% 0.09% 0.08% 0.48% 0.49% 0.45% 0.23% 0.24% 0.22% 0.95% 0.97% 0.89% Dec 24 Jun 25 Dec 250.0 0.5 1.0 1.5 2.0 2.5 BBB+ AAA AA+ AA BBB+ A BBB A BBB BBB+ 64.7% 64.9% 65.3% Dec 24 Jun 25 Dec 25 TCE $bn AAA to AA- A+ to A- BBB+ to BBB- Other Dec 25 Gov. Admin & Defence 181.9 17.9 0.7 - 200.5 Finance & Insurance 60.4 44.9 6.0 3.6 114.9 Com. Property 1.7 10.0 32.9 68.3 112.9 Agriculture & Forestry - 0.6 7.1 27.3 35.0 Transport & Storage 0.4 2.7 14.3 11.6 29.0 Ent. Leisure & Tourism - 0.1 1.3 21.0 22.4 Manufacturing - 1.0 7.0 14.1 22.1 Wholesale Trade 0.1 0.6 6.2 14.2 21.1 Business Services 0.4 0.5 5.3 13.5 19.7 Elec. Gas & Water 1.0 3.5 9.8 4.9 19.2 Health & Community Services - 0.4 3.0 15.1 18.5 Retail Trade - 0.7 3.3 13.4 17.4 Construction - 0.1 2.3 12.5 14.9 Media & Communications 1.6 1.4 2.2 1.7 6.9 Mining, Oil & Gas - 0.3 4.0 2.1 6.4 All other ex Consumer 0.3 1.4 1.7 11.5 14.8 Total Corporate 247.8 86.1 107.0 234.9 675.8 Consumer - - - 878.8 878.8 Total 247.8 86.1 107.0 1,113.7 1,554.6 Exposures by industry1,2 Corporate portfolio quality Investment grade Top 10 commercial exposures TCE, $bn Total Group TCE by geography Troublesome & non-performing exposures3,4 % of Group TCE Dec 24 Jun 25 Dec 25 Australia 81.8% 81.5% 81.8% New Zealand 9.6% 9.9% 9.4% Americas 3.8% 4.0% 4.1% Europe 2.6% 2.4% 2.6% Asia 2.2% 2.2% 2.1% Corporate troublesome Retail Corporate Retail Corporate *Slide 85 1.CBA grades in S&P equivalents. 2.Due to rounding, the numbers presented may not sum precisely to the totals provided. 3.Non-performing exposures are exposures in default as defined in regulatory standard APS220 Credit Risk Management. Corporate troublesome exposures are defined as exposures to corporate customers where profitability is weak and the capacity to meet financial commitments is diminished. These customers are at higher risk of default over the next 12 months. Well-secured home loans are defined as those with LMI or where the fair value of collateral after applying a conservative haircut to the most recent valuation exceeds the estimated future contractual cash flows. Estimated future contractual cash flows includes loan balance, interest and expenses during the resolution period. 4.Represents troublesome and non-performing exposures as a proportion of Group total committed exposures. 1, 2, 3, 4. Refer to sources, glossary and notes at the back of this presentation for further details. Well- secured Not well- secured Portfolio quality 1 TNPE lower – sound portfolio credit quality MR For personal use only
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86 Total committed exposure 1,2 Key sectors of interest Refer separate slides following 1. Refer to glossary at the back of this presentation for further details. 2. Due to rounding, the numbers presented may not sum precisely to the totals provided. TCE ($bn) TNPE ($bn) TNPE % of TCE Provisions % of TCE Dec 24 Jun 25 Dec 25 Dec 24 Jun 25 Dec 25 Dec 24 Jun 25 Dec 25 Dec 24 Jun 25 Dec 25 Government Administration & Defence 175.6 185.4 200.5 0.0 0.0 0.0 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Finance & Insurance 111.2 115.6 114.9 0.0 0.0 0.0 0.0% 0.0% 0.0% 0.1% 0.1% 0.1% Commercial Property 98.4 105.4 112.9 0.7 0.8 0.6 0.7% 0.7% 0.5% 0.4% 0.4% 0.3% Agriculture & Forestry 33.6 35.0 35.0 1.1 1.1 1.0 3.3% 3.1% 2.9% 0.5% 0.6% 0.6% Transport & Storage 27.4 28.5 29.0 0.5 0.5 0.5 1.8% 1.9% 1.7% 0.8% 0.8% 1.0% Entertainment, Leisure & Tourism 20.1 20.7 22.4 0.4 0.4 0.5 2.1% 2.0% 2.3% 1.9% 2.0% 1.7% Manufacturing 21.6 20.9 22.1 0.6 0.5 0.5 2.8% 2.5% 2.3% 1.2% 1.3% 1.3% Wholesale Trade 18.8 18.7 21.1 0.7 0.6 0.8 3.7% 3.3% 3.8% 2.1% 2.0% 1.8% Business Services 18.1 18.1 19.7 0.3 0.4 0.4 1.8% 2.1% 2.2% 1.0% 1.2% 1.2% Electricity, Gas & Water 18.7 19.5 19.2 0.0 0.1 0.0 0.0% 0.7% 0.2% 0.4% 0.8% 0.5% Health & Community Services 16.3 17.8 18.5 0.3 0.4 0.4 2.1% 2.5% 2.2% 1.5% 1.2% 1.2% Retail Trade 16.2 17.0 17.4 0.5 0.5 0.4 3.2% 2.6% 2.1% 1.4% 1.5% 1.3% Construction 13.6 14.4 14.9 0.6 0.6 0.5 4.2% 3.8% 3.3% 2.8% 2.5% 2.3% Media & Communications 6.1 6.9 6.9 0.0 0.0 0.0 0.7% 0.3% 0.4% 0.4% 0.5% 0.5% Mining, Oil & Gas 7.2 7.4 6.4 0.0 0.0 0.0 0.3% 0.2% 0.4% 0.6% 0.6% 0.6% Education 4.0 4.0 4.2 0.1 0.1 0.0 2.4% 1.9% 0.9% 0.5% 0.5% 0.4% Personal & Other Services 4.0 4.3 4.2 0.1 0.1 0.2 1.8% 2.1% 5.1% 0.8% 0.8% 1.0% Other 5.6 5.9 6.3 0.1 0.1 0.1 2.3% 2.2% 1.7% n/a n/a n/a Total - Corporate 616.5 645.4 675.8 6.2 6.3 6.1 1.0% 1.0% 0.9% 0.5% 0.5% 0.5% Consumer 825.7 851.6 878.8 7.5 8.2 7.8 0.9% 1.0% 0.9% 0.4% 0.4% 0.3% Total 1,442.3 1,497.0 1,554.6 13.7 14.5 13.9 0.9% 1.0% 0.9% 0.4% 0.4% 0.4% MR For personal use only
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87 65% 28% 4% 3% NBFI lending 50% 5% 14% 4% 13% 3%11% 111.2 7.7 96.9 - 0.1 115.6 7.7 97.0 - 0.1 114.9 7.4 96.9 - 0.1 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE Finance & Insurance Strong credit quality, diversified products • The Finance & Insurance sector showed resilient performance, supported by stable demand for banking and insurance services, despite ongoing cost, regulatory, and market volatility pressures. • Over the half, exposure remained broadly flat, with 96.9% of the portfolio rated investment grade. • Subscription Credit Facilities1 are predominantly against investors’ uncalled capital and account for ~27% of Other Finance. Credit quality is strong with 100% of the book rated investment grade. • Lending to Non-Bank Financial Institutions (NBFI)2 via Asset Based Facilities3 and Securitisation accounts for 38% of Other Finance (~24% of the portfolio). Credit quality remains stable with 100% of the exposures rated investment grade reflecting disciplined structuring, client selection and credit standards while continuing to support growth across target clients and assets. • Asset Based Facilities growth has been modest, reflecting targeted lending to leading fund managers and weighted to underlying asset classes such as Listed Equities and Infrastructure. • The Bank supports institutional customers in Australia and New Zealand by funding specific assets through securitisation structures and through the provision of securitisation capital markets capability to access global fixed income investors. Group exposure Profile Other Finance NBFI Lending Subscription Credit Facilities Derivatives Bonds Other ExposureOther Finance Superannuation Insurance Banks Sector 1. Exposure with recourse to the legally binding uncalled capital commitments of the fund’s investors. 2. Securitisation exposure that is directly collateralised by the underlying debt obligation, plus Asset Based Facilities. 3. Exposure based on the underlying value and cash flows of the investments in the fund. Dec 24 Jun 25 Dec 25 MR 38% 27% 21% 3%11% Asset Based Facilities - Public Equity Asset Based Facilities - Private Credit Asset Based Facilities - Other Securitisation - Residential Mortgages Securitisation - Other Retail Securitisation - Lease and Receivables Securitisation - Other Commercial Asset Based Facilities – Other: ~$3bn For personal use only
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88 98.4 6.8 36.7 0.7 0.4 105.4 7.0 37.2 0.7 0.4 112.9 7.3 39.5 0.5 0.3 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE 83% 6% 11% Commercial Property Diversified and well - secured portfolio - market conditions improving - TNPE lower 1. As at 31 December 2025. The remaining exposure primarily relates to statistically managed exposures where LVR is not available, and property development. • Commercial property market conditions have continued to improve with development activity increasing. • Over the half, exposure grew 7.2%. Growth has been predominantly in Residential Property increasing concentration to the sector to 16%. • Growth in Residential Property was supported by increasing development approvals, commencements and stabilising construction costs. Conditions remain conducive to support growth in housing supply and investment activity. • TNPE has reduced over the half and the portfolio remains well secured. • Leverage remains moderate for the individually risk-rated property investment portfolio, with the weighted average Loan to Valuation Ratio (LVR) at 48%1. • Of the unsecured exposure, 95% is to investment grade customers. • Office exposures weighted toward Premium/A Grade property. CBD Office values have increased while suburban offices are stable. Elevated vacancy rates persist in certain markets with tighter origination LVRs in place for these locations. • Retail remains resilient with increased trading activity and low vacancy rates in major cities, as supply of new retail floorspace remains below historic averages. Strong population growth and lower interest rates support increased household spending. • Maintaining close portfolio oversight with serviceability and Interest Coverage Ratio (ICR) origination thresholds continuing to factor in future cash flows. This combined with active management of LVRs has resulted in the portfolio remaining well buffered against further deterioration in asset values. Profile 27% of total residential exposure related to apartment development >$20m Other Commercial Property Real Estate Investment Trusts Residential Property Industrial Property Office Property Retail Property Geography WA NZ Other Aus & Overseas NSW QLD SA VIC SecuritySector 24% 13% 20% 12% 15% 16% 45% 8%3% 20% 9% 11% 4% Partially secured Unsecured Fully secured Group exposure Dec 24 Jun 25 Dec 25 MR For personal use only
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89 33.6 2.3 16.9 3.3 0.5 35.0 2.3 19.3 3.1 0.6 35.0 2.3 21.7 2.9 0.6 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE Agriculture & Forestry Stable and well - secured portfolio • The Agricultural sector remains resilient, supported by strong livestock prices and stable farm values, though domestic grain prices have trended sideways to lower given strong domestic and global harvests. December 2025 ABARES report forecasts 2025–26 winter crop to increase to 66.3m tonnes being the second largest on record, and summer crop to decrease by 15% to 4.5m tonnes which is still 18% above the 10 year average. • Drought conditions in SA and VIC have eased, while other regions report good soil moisture and a positive outlook. The recent flooding in North QLD and bushfires in Victoria are likely to have some customer impact. • Improved Australian domestic beef and sheep prices benefitting farmers with full herds and flocks. • New Zealand climatic conditions are positive, resulting in solid dairy production levels. Strong commodity prices, lower on-farm costs and interest rates have seen credit quality improvements. • Exposures remained flat over the half, while TNPE reduced to 2.9% of the portfolio. The portfolio remains well secured. • US tariffs have not impacted continued strong beef exports. Profile 85% 13% 2% Horticulture & Other Crops Other Livestock Services to Agriculture, Forestry & Fishing Dairy Farming Grain Growing & Mixed Farming Livestock Farming Geography WA NZ Other Aus & Overseas NSW QLD SA VIC SecuritySector 23% 17% 6%11% 7% 31% 5% 27% 21%25% 16% 3%8% Partially secured Unsecured Fully secured Group exposure Dec 24 Jun 25 Dec 25 MR For personal use only
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90 20.1 1.4 5.0 2.1 1.9 20.7 1.4 6.2 2.0 2.0 22.4 1.4 6.4 2.3 1.7 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE Entertainment, Leisure & Tourism Consumer appetite for experiences remains robust • CommBank Household Spending Insights Index shows resilience across essential and discretionary spend. • Hospitality spending increased 7.1% over the 12 months to December 2025, with increased spending on restaurants, pubs and bars1. • Tourism benefitted from continuing strong international arrivals and domestic travel. • Sector challenges include high operating costs, labour availability, and risk from interest-rate-driven changes in consumer behaviour. • The portfolio grew 8% for the half. Growth was mainly observed in Pubs, Clubs & Casinos, and Accommodation sub-sectors. • TNPE increased to 2.3% of the portfolio, due to the re-grade of some single name exposures. Profile Group exposure 38% 8%13% 41% 53% 13% 4% 16% 4%4%6% 75% 15% 10% GeographySector Pubs, Clubs & Casinos Cafes, Restaurants & Catering Other Cultural & Recreational Services Accommodation WA NZ Other Aus & Overseas NSW QLD SA VIC Security Partially secured Unsecured Fully secured Dec 24 Jun 25 Dec 25 1. CommBank Household Spending Insights Index, December 2025. MR For personal use only
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91 18.8 1.3 30.4 3.7 2.1 18.7 1.3 27.8 3.3 2.0 21.1 1.4 33.0 3.8 1.8 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE Other Wholesaling Machinery, Motor Vehicle & Equipment Wholesaling Mineral, Metal & Chemical Wholesaling Food & Beverage Wholesaling Farm Produce Wholesaling • Wholesale trade continues to face volatile freight costs and supply chain disruption given heightened geopolitical risks and port congestion. • Rising labour and insurance costs are squeezing margins, especially for smaller operators, leading to sector consolidation. • US import tariffs have created some headwinds for Australian wholesalers, but the overall impact is relatively limited with only ~8%1 of Australian exports directed to the US. • The portfolio grew 12% for the half, predominantly in investment grade. • Percentage of portfolio graded TNPE increased due to several smaller exposures downgraded during the period and remains elevated due to a large single name exposure downgraded in June 2024. Wholesale Trade Moderate growth constrained by cost pressures Group exposure Profile 27% 13% 3%18% 8% 12% 19% 27% 46% 27% Geography WA NZ Other Aus & Overseas NSW QLD SA VIC SecuritySector 21% 21% 20% 15% 23% Partially secured Unsecured Fully secured Dec 24 Jun 25 Dec 25 MR 1. Source: ABS International Trade Supplementary Information 2024-25. For personal use only
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92 16.2 1.1 21.5 3.2 1.4 17.0 1.1 24.7 2.6 1.5 17.4 1.1 22.8 2.1 1.3 TCE ($bn) % of Group TCE % of portfolio Investment grade % of portfolio graded TNPE % of provisions to TCE Retail Trade Cautious recovery amid easing cost pressures • Household spending has stabilised, with modest growth in discretionary categories as consumer confidence improves post interest rate cuts. • Growth in household disposable income and steady employment are providing some relief to household budgets, though overall spending remains cautious and value driven. • Retail turnover is improving gradually supported by discounting. • The portfolio grew 2% for the half, and percentage of portfolio investment grade reduced to 22.8% due to mix shift following run-off of some large exposures in the half. • Improving conditions and focus on non-discretionary exposure has helped reduce TNPE to 2.1% of the portfolio. Group exposure Profile 33% 12% 6% 21% 12% 14% 2% 43% 31% 26% Geography WA NZ Other Aus & Overseas NSW QLD SA VIC Security Personal Retailing Household Good Retailing Motor Vehicle Retailing & Services Food Retailing Sector 35% 25% 21% 19% Partially secured Unsecured Fully secured Dec 24 Jun 25 Dec 25 MR For personal use only
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93 13.6 0.9 14.2 4.2 2.8 14.4 1.0 15.3 3.8 2.5 14.9 1.0 16.0 3.3 2.3 TCE ($bn) % of Group TCE % of portfolio investment grade % of portfolio graded TNPE % of provisions to TCE Construction Construction continues to recover from difficult conditions • Optimism is returning to the Construction sector, driven by demand in housing, renewable energy and infrastructure. This is evidenced by increased tender activity, pipelines and improving margins. Labour and cost challenges remain but have eased relative to prior years. • Margin improvement includes larger contingencies to mitigate future supply chain risks and/or de-risking fixed price contract structures through early contractor involvement or minimising downside risks. • Capacity within the industry is constrained and several years of difficult trading conditions has weakened balance sheets. • The portfolio grew 4% for the half. Improvement in percentage of portfolio investment grade and reduction in percentage of portfolio graded TNPE are consistent with improving conditions in the sector. • Pockets of risk remain, with more than 2,200 construction sector insolvencies1 in the 6 months to December 2025. Group exposure Profile 35% 13%6% 19% 12% 9% 6% 35% 43% 22% Geography WA NZ Other Aus & Overseas NSW QLD SA VIC Security Installation Trade Services Non-Building Construction Other Construction Services Building Structural & Completion Services Building Construction Site Preparation Services Sector 12% 10% 32%15% 13% 18% Partially secured Unsecured Fully secured 1. Source: ASIC. Dec 24 Jun 25 Dec 25 MR For personal use only
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Funding, liquidity & capital MR For personal use only
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95 17 47 (2) (19) (33) (8) (2) 17 12 31 29 21 22 17 38 1H26 2H26 FY27 FY28 FY29 FY30 FY31 > FY31 Senior debt Covered bond Securitisation AT1/T2 31 55 71 79 86 118 47 68 77 81 86 122 45 61 67 71 76 107 1 year 2 year 3 year 4 year 5 year 10 year Dec 24 Jun 25 Dec 25 Funding overview Long - term conservative funding settings maintained 57% 77% 78% 79% 19% 15% 15% 14%24% 8% 7% 7% Jun 08 Dec 24 Jun 25 Dec 25 Funding composition % of total funding 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11. Refer to sources, glossary and notes at the back of this presentation for further details. Wholesale funding2 Long-term as % of total wholesale funding Sources and uses of funds 6 months to December 25 Deposits Long-term wholesale2 Short-term wholesale1 Indicative wholesale funding costs8 bpts Liquidity metrics Liquid assets Qtr. Avg. ($bn) NSFR LCR7 43% 68% 69% 68% Jun 08 Dec 24 Jun 25 Dec 25 5.1 WAM3 5.2 WAM33.5 WAM3 138 141 46 58 199 Jun 25 Dec 25 Aust. Gov, semi & other Cash & central bank deposits 117% 132% Dec 25 Dec 25 Excess $48bn 100% Regulatory minimum 184 Excess $140bn $bn 5.1 WAM3 *Slide 95 1.Includes other short-term liabilities. 2.Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 3.Represents the Weighted Average Maturity of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 4.Maturities may vary quarter to quarter due to FX revaluation. 5.Includes Senior Bonds and Structured MTN. 6.Additional Tier 1 and Tier 2 Capital. 7.Quarterly average. 8.Indicative weighted senior and covered bond funding costs (excluding Tier 2 costs), across major currencies. Represents the spread over BBSW equivalent on a swapped basis. 9.Includes debt buy-backs and reported at historical FX rates. 10.Short-term wholesale funding and other short-term collateral deposits including net collateral received and Vostro balances. 11. Lending excludes collateral loans. Equity Long term issuances Long term maturities9 Short term funding10 Customer deposits Lending11 Liquid and trading assets Other Funding profile $bn 1H26 Issuance Maturity4 5 6 1H26 Issuance Maturity4 5 6 1H26 Issuance Maturity4 For personal use only
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96 Customer deposits vs peers1 $bn Investments Savings Transactions6 306 322 339 303 313 334 265 274 283 874 909 956 Dec 24 Jun 25 Dec 25 35% 35% 30% 404 415 443 220 230 243 149 159 161101 105 109874 909 956 Dec 24 Jun 25 Dec 25 Deposit funding Highest share of customer deposits in Australia – 79% deposit funded 1, 2, 3, 4, 5, 6. Refer to sources, glossary and notes at the back of this presentation for further details. Customer deposits by segment4,5 $bn Customer deposits by product4 $bn Retail transaction accounts2 Total accounts #, ‘000 Retail deposit mix3 $bn +3% Online savings Savings & investments Transactions 116 118 130 139 140 140 149 157 173 404 415 443 Dec 24 Jun 25 Dec 25 ASB & Other IB&M BB RBS 46% 25% 17% 12%79%70%% of total funding 370 648 400 473 384 33 101 105 77 89178 207 244 173 185 FY17-19 avg. Dec 25 Peer 1 Peer 3 Peer 2 2% 956 749 658723 6.5 yr CAGR 9% 19%581 Other deposits Operational deposits1 Retail/SME deposits1 *Slide 96 1.CBA data as at 31 December 2025. Peer data based on regulatory disclosures as at 30 September 2025. 2.Total retail transaction accounts, excluding offset accounts, includes Bankwest. 3.Represents Retail Banking Services divisional deposit balances. Transactions include non-interest bearing deposits and transaction offsets. Online includes NetBank Saver, Goal Saver, Business Online Saver, Bankwest Hero Saver, Smart eSaver, and Telenet Saver and Easy Saver. Savings and Investments includes savings offset accounts. Prior periods have been restated. 4.Includes at-call interest bearing deposits, term deposits and non-interest bearing deposits. 5.Comparative information has been restated to conform to presentation in the current period. 6.Includes non-interest bearing deposits and other customer funding. 11,413 11,667 12,001 Dec 24 Jun 25 Dec 25 +5% For personal use only
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97 0 50 100 150 200 250 300 350 Stable deposits Less stable deposits CBA Peer 3 Peer 1 Peer 2 0 50 100 150 200 250 300 350 400 Jun 19 Dec 25 Deposit funding Largest share of stable customer deposits in Australia 1. CBA as at 31 December 2025. Peer data based on regulatory disclosures as at 30 September 2025. Stable deposits Retail & SME deposits in NSFR1, $bn Peers CBA Stable and less stable deposits Retail & SME deposits in NSFR1, $bn For personal use only
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98 24% 12% 57%9% 8% 20% 11% 1% 6% 31% 71% 25% 79% 23% 74% 20% 21% 27% 10% 15% 20%16% 16% 4% Balance sheet composition 1 CBA has stable, high - quality assets and conservative funding settings 1. Based on published consolidated bank balance sheet disclosures, with the exception of other assets, which are presented net of other liabilities, and High Quality Liquid Assets (HQLA) which is based on regulatory disclosures. 2. European Banking Authority data comprising 119 banks. 3. Federal Reserve data comprising commercial banks in the US. 4. Lending includes gross loans and advances. 5. Includes unencumbered marketable securities that do not qualify as HQLA, pledged securities and other assets net of trading and other liabilities. Assets – CBA has a stable, high-quality asset profile: • High proportion of well-secured home lending assets • Very low proportion of higher-risk unsecured consumer finance and personal lending • HQLA primarily consists of cash and deposits with central banks, government and semi-government securities; all bonds held are fully hedged for interest rate risk Funding – CBA has proactively maintained conservative funding settings: • Low proportion of short-term funding which provides flexibility through tighter financial conditions • Long-term wholesale funding has a weighted average maturity of 5.2 years and is diversified by product and currency; track record of good access to global funding markets • Large proportion of customer deposits funding including a high proportion of stable household deposits Europe2 Assets Liab + Equity US3 Assets Liab + Equity US banks as at 30 June 2025 CBA Assets Liab + Equity Home lending4 Personal & other lending4 Business and corporate lending4 HQLA Net other assets5 Customer deposits Wholesale funding Equity EU banks as at 30 June 2025 CBA 31 December 2025 For personal use only
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99 34% 32% 31% 32% 66% 68% 69% 68% Jun 24 Dec 24 Jun 25 Dec 25 Short-term funding Long-term funding 0% 20% 40% 60% 80% 100% Jun 24 Dec 24 Jun 25 Dec 25 AUD USD EUR Other 12% 36% 52% MTN Commercial paper Certificates of deposits 1% 3% 7% 23% 23% 43% Other Securitisation Structured MTN AT1/T2 Covered bonds Senior bonds Long-term funding by product3 Short-term funding by product1,3 Wholesale funding Wholesale funding diversified across differing products, currencies and tenor 1. Excludes short-term collateral deposits. 2. Represents the carrying value of long-term funding inclusive of hedges. 3. As at 31 December 2025. 4. Additional Tier 1 and Tier 2 Capital. Long-term funding by currency Portfolio mix 4 Commercial paper 2 1 For personal use only
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100 3.9 1.2 0.4 (0.2) (2.0) (1.8) 115 117 Jun 25 Capital Retail/SME deposits Wholesale funding and other Residential mortgages Other loans Other assets and liquids Dec 25 Wholesale fundingOther Customer deposits Cash, Gov, Semis Net cash outflows Liquid assets Liquids & other assets Capital Wholesale funding & other Required Stable Funding Available Stable Funding Funding and liquidity metrics 1 Funding and liquidity metrics remain well above regulatory minimums 1. All figures shown on a Level 2 basis. 2. Includes performing residential mortgages to individuals with an LVR of 80% or below with all other residential mortgages disclosed in other loans. 3. Quarterly average. 4. Calculation reflects movements in both the numerator and denominator. 5. Liquid assets include high quality liquid assets as defined by APRA in Australian Prudential Standard APS210 Liquidity. Refer to glossary for definition. NSFR Dec 25 LCR3 Dec 25 NSFR (%) NSFR requirements specify banks must maintain a sufficient profile of stable funding to meet their assets and off-balance sheet activities LCR requirements specify banks must hold sufficient liquidity (HQLA) to meet the projected outflows over a 30 day period during a stress scenario LCR (%)3,4,5 $bn 117% 979838 Retail/SME deposits Residential Mortgages2 132% 199 151 $bn 10.6 (6.2) (1.7) (1.3) 130 132 Jun 25 Liquid assets Customer deposits Wholesale funding Other net cash outflows Dec 25 2 Other loans For personal use only
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101 Capital overview Strong capital position maintained International CET1 ratios2 1. Cash NPAT inclusive of discontinued operations. 2. Source: Morgan Stanley and CBA. CBA as at 31 December 2025. Peers based on last reported CET1 ratios up to 4 February 2026. Peer group comprises: (i) Domestic peers: disclosed September 2025 International CET1 ratios based on Australian Banking Association publication ‘Basel 3.1 Capital Comparison Study’ (March 2023); and (ii) listed commercial banks with total assets in excess of A$1,300 billion which have disclosed fully implemented Basel III ratios or provided sufficient disclosure for a Morgan Stanley estimate. 3. Deduction for accrued expected future dividends added back for comparability. CET1 Payout Ratio (cash NPAT basis)1 12.3% Dec 25 12.2% Dec 25 18.3% Dec 25 Level 1Level 2 APRA International 150 175 210 215 225 235 67% 62% 68% 72% 73% 72% 50%60%70%80%90%100%110%120%130% 1H21 1H22 1H23 1H24 1H25 1H26 Dividend per share (cents)CET1 2007 2013 2019 20252007 1H26 CET1 +588% Assets +220% G-SIBs in dark grey 18.3 18.3 17.6 17.1 16.1 15.3 15.1 15.1 15.0 15.0 14.7 14.6 14.5 14.4 14.3 14.2 14.1 14.1 14.0 13.9 13.9 13.6 13.5 13.3 13.2 13.2 12.8 12.6 12.6 12.3 11.4 11.4 11.4 11.2 10.9 10.6 Sumitomo Mitsui Bank of Comm. Agric. Bank of China Toronto Dominion Mizuho Mitsubishi UFJ Bank of China Bank of America CBA HSBC 3 Lloyds 3 ING 3 ANZ WBC NAB NatWest Group 3 Deutsche 3 UBS 3 ICBC Citi JP Morgan Intesa Sanpaolo 3 SocGen 3 BNP Paribas 3 Barclays 3 RBC Scotiabank UniCredit 3 Santander 3 BBVA 3 China Construct. Bank China Merchants Bank Bank of Montreal Standard Chartered 3 Wells Fargo Credit Agricole SA 3 For personal use only
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102 12.3% 12.3% 6.0% 18.3% Dec 25 APRA Dec 25 Int'l International adjustments1 CET1 – International APRA’s capital framework is more conservative than Basel framework 1. Methodology based on the Australian Banking Association publication ‘Basel 3.1 Capital Comparison Study’ (March 2023), which compares APRA’s capital framework, including RBNZ prudential requirements, with the finalised post-crisis Basel III reforms. 2. Except in respect of the overall scaling factor and Standardised floor, where APRA’s rules must be applied. CET1 Level 2 International adjustments1 1.4% Definition of capital Risk weighting equity investments, deferred tax assets, capitalised expenses which are fully deducted from CET1 under APRA rules 1.1% IRRBB RWA Removal of IRRBB RWA from APRA’s minimum Pillar 1 capital requirements 1.5% Residential mortgages Removal of APRA’s risk weight floors and multipliers (e.g. 1.4 owner-occupier, 1.7 interest-only) 1.1% IRB scalar Removal of APRA’s scaling factor of 1.1 for all internal ratings-based (IRB) asset classes 0.5% RBNZ rules APRA requires application of RBNZ capital rules for credit exposures in NZ including banking subsidiaries2. There are a number of differences between RBNZ and Basel including mortgages, specialised lending and farm lending 0.3% Income producing real estate multiplier (IPRE) Removal of APRA’s multiplier of 1.5 for IPRE exposure 0.1% Non-retail LGD APRA rules are more conservative for certain exposure types under the Foundation and Advanced IRB approaches 6.0% For personal use only
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103 107 9(87) (33)12.3% 12.3% Jun 25 Level 2 2H25 dividend (DRP neutralised) Cash NPAT RWA Other Dec 25 Level 2 3 2 Credit Risk4 (34) Operational Risk (9) Market Risk (1) IRRBB 11 Capital – summary Strong capital position maintained 1. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. 2. The 2025 final dividend included the on-market purchase of $643 million of shares (CET1 impact of -13bpts) in respect of the Dividend Reinvestment Plan. 3. Excludes equity accounted profits/losses and impairments from associates, which are neutral from a regulatory capital perspective due to the offsetting changes in capital deductions. 4. Excludes impact of foreign exchange movements on Credit RWA, which is included in ‘Other’. Key capital ratios (%) Dec 24 Jun 25 Dec 25 CET1 capital ratio 12.2 12.3 12.3 Additional Tier 1 capital 1.9 1.6 1.5 Tier 1 capital ratio 14.1 13.9 13.8 Tier 2 capital 6.6 7.0 6.8 Total capital ratio 20.7 20.9 20.6 Risk weighted assets ($bn) 482 496 505 Leverage ratio 4.9 4.7 4.7 Level 1 CET1 ratio 12.1 12.4 12.2 International ratios Leverage ratio 5.5 5.2 5.1 CET1 capital ratio 18.8 18.7 18.3 CET1 capital ratio movements1 • Level 2 CET1 capital ratio of 12.3% • 2025 final dividend – DRP neutralised • Strong capital position supporting franchise growth and dividends CET1 capital ratio movements1 bptsFor personal use only
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104 Interest Rate Risk in Banking Book (IRRBB) $bn bpts8 118 127 115 107 92 40 44 42 40 35 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 399 409 48 51 40 3510 10 10.2 0.2 3.4(4.7)496 505 Jun 25 Credit Risk Traded Market Risk IRRBB Operational Risk Dec 25 12.3% 12.3% 107 9(87) (33) Jun 25 Level 2 2H25 Dividend (DRP neutralised) Cash NPAT RWA Other Dec 25 Level 2 RWA drivers 1 Higher RWA driven by Credit RWA volume growth partly offset by impact of revised APS 117 Credit Risk Op Risk IRRBB Market Risk Repricing & yield curve risk Basis risk Optionality risk Embedded loss/gain (gain is offset to capital) APRA requires ADIs to hold capital for the risk of loss due to adverse movements in interest rates, including those from liquidity and capital management activities CET1 (Level 2) bpts Total Risk Weighted Assets (RWA) $bn Credit RWA $bn 399 409 17.3 4.9(6.5) (4.1) (1.4) Jun 25 Volume Quality FX Data & methodology Derivatives & other Dec 25 5 2 3 Credit Risk4 (34) Operational Risk (9) Market Risk (1) IRRBB 11 Revised APS 117 impact (10.0) Underlying IRRBB 5.3 Revised APS 117 framework9 6 7 *Slide 104 1. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. 2. The 2025 final dividend included the on-market purchase of $643 million of shares (CET1 impact of -13bpts) in respect of the Dividend Reinvestment Plan. 3. Excludes equity accounted profits/losses and impairments from investments, which are neutral from a regulatory capital perspective due to the offsetting changes in capital deductions. 4. Excludes impact of foreign exchange movements on Credit RWA, which is included in ‘Other’. 5. Credit quality includes portfolio mix. 6. Includes data and methodology, credit risk estimates changes and regulatory treatments. 7. Includes credit valuation adjustment, securitisation, standardised portfolios and settlement risk RWA. 8. Basis points impact on CET1 ratio. 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. For personal use only
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105 1. Capital required to absorb changes in customer behaviour vs expectations (e.g. propensity to prepay). 2. Interest rate risks mainly driven by CBA’s investment term of equity >1 year. The Group’s equity is invested over a three-year term to mitigate volatility of earnings and capital through a rate and credit cycle. 3. Capital required to absorb future revaluation risk on high quality government bond holdings. As credit spreads widen, mark-to-market losses on bond portfolios are recognised within Investment Securities Revaluation Reserve, depleting capital. 4. Mainly reflects current valuation difference in Group’s three-year investment term of equity vs “capital-free” one-year term. 5. Comprises of prospective IRRBB capital charge, embedded (gain)/loss and other amount components as calculated under the revised APS 117. Interest Rate Risk in the Banking Book (IRRBB) ~$10bn reduction to IRRBB RWA under the revised APS 117 framework effective 1 October 2025 Components Key changes under revised APS 117 RWA impact CET1 impact Optionality and basis risk1 • Removed with underlying risk capitalised as part of interest rate and credit spread risk ($20bn) +48bpts Interest rate2 & credit spread risk3 • Stressed calibration reducing capital volatility following market shocks, particularly for credit spread risk • Deposit hedge will attract regulatory capital to reflect customers’ optionality, which is expected to result in additional capital volatility $10bn (24bpts) Embedded (Gain) / Loss4 • Broadly unchanged - - Net Impact ($10bn) +24bpts IRRBB RWA5 $bn (7) (7) (2) 27 37 37 20 40 30 30 Jun 25 1 Oct 25 (pro-forma) 8.0% 6.1% $496bn $491bnTotal RWA: % of RWA: 31 Dec 25 7.0% $505bn 35 ($10bn) For personal use only
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106 ~$13 billion of capital buffers to fund growth and absorb losses Predominantly deposit funded, low mix of short-term funding Balance sheet settings underpin long - term franchise value Stronger capital and earnings resilience to absorb unexpected losses and support more sustainable growth Composition of aggregate capital buffers will change as market conditions evolve – cannot simply “set and forget” CET1 targets $182 billion of structural hedges to protect earnings from downside shocks Capital buffers Earnings hedges Funding mix Capital buffers1 $bn Deposit & equity hedge6 AUD Future considerations APS 117 requires trade-offs be made between earnings and capital volatility Funding settings expected to remain broadly stable 1H26 Deposit hedge $54bn $128bn 3yr inv. term 5yr inv. term Equity hedge $182bn Funding composition7 % of total funding Deposits $1,208bn Short-term wholesale8 69% 79% 18% 14%13% 7% Peer avg CBA Long-term wholesale9 10.1 13.02.8 0.3 (0.2) Dec 25 CET1 regulatory surplus Provisions above Central Scenario Unrealised MTM on HQLA IRRBB embedded gains Dec 25 aggregate buffers *Slide 106 1.Includes CET1 capital buffer to regulatory minimum (10.25%), total provisions above central scenario ECL, Investment Security Revaluation (ISR) Reserve and IRRBB Embedded Gains and Losses converted into capital using the Group’s Level 2 CET1 ratio. 2.Central scenario is based on the Group’s internal economic forecasts and market consensus as well as other assumptions used in business planning and forecasting. 3.Assuming 100% weighting holding all assumptions including forward looking adjustments constant and includes individually assessed provisions. 4.This represents pre-tax changes in the value of government and semi-government bonds recognised within the ISR Reserve. 5.The Group’s equity is invested over a three-year term to mitigate volatility of earnings and capital through a rate and credit cycle. Valuation differences cannot be utilised to support growth or shareholder returns. Unwind is slowed in high-rate environment and accelerated in low-rate environment. 6.Represents 1H26 average balance of domestic equity hedge and deposit hedge. 7.CBA as at 31 December 2025. Peers based on regulatory disclosures as at 30 September 2025. 8.Includes other short-term liabilities. 9.Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 1, 2, 3, 4, 5, 6, 7, 8, 9. Refer to sources, glossary and notes at the back of this presentation for further details. 4 5 2,3 For personal use only
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107 1.3 1.7 1.8 3.4 1.5 3.0 1.5 3.1 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Oct-25 FY00 Dec 258 Peers CBA Capital management Tightly manage share count; loan loss provisions; and M&A discipline Investment Ongoing investment in strategic priorities supporting core franchise growth Franking Maintain healthy franking surplus and efficient distribution via fully franked ordinary dividends Our long - term approach Long - term approach to key settings, strengthened over time 1, 2, 3, 4, 5, 6, 7, 8. Refer to sources, glossary and notes at the back of this presentation for further details. Funding MFI-led deposit growth and conservative funding profile Structural hedges Net interest earnings supported by reinvestment of ~$3.5bn each month at long-term rates Long-term approach to key settings Funding composition % of total funding Deposit & equity hedges $bn Gross investment spend5 Cumulative (rolling 10 years) $bn Number of shares bn Franking account6 $bn 1. 9 Balance $1.9bn % of pre-tax profit7 12% Franking neutral payout ratio ~81% *Slide 107 1.Represents the Weighted Average Maturity of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 2.December 2015 deposit funding ratio has been restated to include central bank and interbank deposits previously classified as short-term wholesale funding ($18.1 billion) to conform with presentation in the current period. 3.Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 4.Includes short-term collateral deposits. 5.Represents cumulative gross investment spend over a ten year rolling period. 1H26 rolling 10 years investment spend represents the 10 year period from 2H16 to 1H26. 6.Represents franking account balance as at 31 December 2025. 7.Franking account balance as at 31 December 2025 divided by annualised 1H26 pre-tax cash profit on a continuing operations basis. 8.CBA and peers shares on issue as at 31 December 2025. + + + + 13% 7% 19% 14% 68% 79% Dec 15 Dec 25 Short-term wholesale4 Deposits2 Long-term wholesale3 WAM1 3.9yrs 5.2yrs $14.7bn $15.6bn $16.6bn $17.1bn FY23 FY24 FY25 1H261H16 1H26 Deposit hedge $86bn $34bn $54bn $128bn 3yr inv. term 5yr inv. term $52bn Equity hedge $182bn For personal use only
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108 7.3% 5.9% 5.5% 3.3% CBA Peer 2 Peer 3 Peer 1 2.4 1.9 1.8 1.7 CBA Peer 3 Peer 2 Peer 1 Franchise investment Investment in strategic priorities supporting core franchise growth Shareholder returns Delivering superior and sustainable shareholder returns over the long term Our capital management in context Strong capital - higher franchise investment and growth supports superior & sustainable shareholder returns 1. The last two reported dividends (CBA: Dec 25 and Jun 25, Peers: Mar 25 and Sep 25) vs the prior comparative periods (CBA: Jun 24 and Dec 24, Peers: Mar 24 and Sep 24). Strength Strong capital position supporting franchise growth and dividends Franchise growth Reinvest in accretive growth Capital management benchmarking Lending volume growth YoY % CBA Dec 25 vs Dec 24 Peers Sep 25 vs Sep 24 Investment spend $bn CBA HY Dec 25 annualised Peers FY Sep 25 Dividend per share growth1 YoY (cents) CET1 (Level 2) % CBA Dec 25 Peers Sep 25 12.5% 12.3% 12.0% 11.7% Peer 3 CBA Peer 1 Peer 2 20 1 - (13) CBA Peer 2 Peer 1 Peer 3 For personal use only
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109 Capital floor 1 Total RWA 74.1% of Standardised RWAs – headroom of ~$11bn against capital floor requirements 1. CBA as at 31 December 2025, peers as at 30 September 2025. 2. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. RWA headroom / (shortfall) to capital floor2 $bn Capital floor • Capital floor requirements were introduced under APRA’s revised prudential standards effective 1 Jan 2023 to limit the RWA benefit of internal models. • Total RWA of IRB banks, which include the Australian major banks, are required to be at least 72.5% of RWA required under the standardised risk approach. • CBA remains well placed against the standardised capital floor requirements with Total RWA under Advanced approach representing 74.1% of Standardised RWA. • This represents ~$11bn in RWA headroom against the Standardised capital floor requirements. Headroom (Shortfall) (4) (2) 5 11 $bn unless otherwise stated Peer 1 Sep 25 Peer 2 Sep 25 Peer 3 Sep 25 CBA Dec 25 Standardised RWA 632 608 613 682 Standardised RWA floor at 72.5% 459 441 445 494 Advanced RWA 455 438 450 505 Headroom / (shortfall) (4) (2) 5 11 Advanced RWA/ Standardised RWA 71.9% 72.1% 73.4% 74.1% For personal use only
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110 4.50% 6.00% 3.75% 2.50% 1.00% 1.00%1.00% 1.00% 1.50% 2.00% 3.25% 4.50% 4.50% Additional Tier 1 Capital APRA finalised consequential amendments to phase out AT1 Capital effective 1 Jan 2027 1. APRA’s loss-absorbing capacity (LAC) requirement of 4.5% effective 1 January 2026. 2. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. 3. As at 31 Dec 2025, CBA had $7.9 billion in AT1 outstanding. • On 4 Dec 2025, APRA finalised the consequential amendments to bank prudential framework to phase out Additional Tier 1 Capital (AT1) instruments • For IRB banks such as CBA, the existing 1.5% of AT1 requirement will be replaced with: – 0.25% of CET1, increasing the minimum CET1 requirement to 10.5%; and – 1.25% of Tier 2, increasing the implied Tier 2 requirement (including LAC) to 7.75% • Total Capital requirement remains unchanged • Revised capital requirement will come into effect from 1 Jan 2027, with outstanding AT1 instruments from this date included as Tier 2 until their first scheduled call date3. During the transition period, the legal terms of AT1 instruments will remain in effect, with AT1 Capital absorbing losses ahead of Tier 2 in a resolution event • From 1 Jan 2027, the leverage ratio and limits on large and related-party exposures will be measured on a CET1 Capital basis. For IRB banks, the minimum leverage ratio requirement will decrease from 3.5% to 3.25%Effective 1 Jan 2027 18.25% Effective 1 Jan 2026 18.25% D-SIB Capital conservation buffer CCyB2 Minimum prudential capital requirement AT1 Tier 2 LAC1 10.25% APRA CET1 minimum 10.50% APRA CET1 minimum Changes APRA Requirements Total Capital No change CET1: +0.25% For personal use only
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111 Total Capital Well placed to meet APRA revised capital framework effective 1 Jan 2027 1. Under APRA’s LAC requirements, the minimum Total Capital ratio requirement for D-SIBs has increased from 16.75% to 18.25% effective 1 Jan 2026. 2. Under the revised capital framework effective 1 January 2027, large internationally active banks such as CBA will be able to replace the current 1.5% of AT1 Capital with 0.25% of CET1 Capital and 1.25% of Tier 2 Capital, with the Total Capital requirement remaining unchanged. 3. Tier 2 and AT1 balance as at 31 Dec 2025, net of maturities and capital amortisation. The excess/(shortfall) under the 1 Jan 2027 framework reflects existing AT1 instruments which will be included as Tier 2. 4. Represents AUD equivalent notional amount using spot FX translation at date of issue for issuance and spot FX translation at 31 Dec 2025 for maturities. 5. Securities in callable format profiled to first call date. Securities in bullet format profiled based on capital treatment (including amortisation period). 6. Due to rounding, numbers presented may not sum precisely to the total provided. • Total Capital ratio of 20.6% as at 31 Dec 25, $12.0bn above 1 Jan 26 requirement of 18.25%. • As at 31 Dec 25, Tier 2 was 6.8%. CBA is well positioned to meet APRA requirements under the revised capital framework effective 1 Jan 27 including existing AT1 instruments which will be included as Tier 2. • Strong Tier 2 credit rating of A-/A2/A- per S&P / Moody’s / Fitch at 31 Dec 25. Included T2 credit rating – Lindy request CET1 Tier 2 AT1 CET1 1 Tier 2 LAC LAC AT1 2 CET1 Tier 2 12.3% 10.25% 10.50% 1.5% 1.50% 6.8% 2.00% 3.25% 20.6% 4.50% 4.50% 18.25% 18.25% CBA 31 Dec 2025 APRA requirement 1 Jan 2026 APRA requirement 1 Jan 2027 $bn 31 Dec 2025 1 Jan 2026 Req. of 6.5% 1 Jan 2027 Req. of 7.75% Risk Weighted Assets at 31 December 2025 505 505 505 Tier 2 requirement 25.3 32.8 39.2 Existing Tier 2 net of maturities3 34.4 34.4 32.8 Existing Additional Tier 1 net of maturities3 7.9 7.9 6.7 Excess / (shortfall) (excluding Tier 1 capital excess)3 9.1 1.6 0.3 Tier 2 profileAT1 and T2 capital maturity profile4,5,6 - 3.5 3.2 3.8 3.4 18.9 - 2.8 1.8 1.8 1.6 - 2H26 FY27 FY28 FY29 FY30 FY31+ AT1 T2 Bullet 40% Callable 60% Domestic 39% Offshore 61% For personal use only
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112 9.18 41.19 3.965.49 21.91 7.46 18.25 18.71 1,260 1,673 1,776 3,420 1,506 3,014 1,516 3,067 0.58 2.35 0.28 0.77 0.35 0.83 0.64 0.85 Share count Lower share count supports higher shareholder returns and dividends 1. Historical share count data sourced from publicly available information. 2. CBA and peers shares on issue as at 31 December 2025. 3. Reflects disclosed interim dividends for CBA and final dividend for peers. 4. Net tangible assets per share as at 31 December 2025 for CBA and as reported as at 30 September 2025 for peers. 5. Source: Bloomberg, 1 January 2000 to 31 December 2025. Peer average is the average of major bank peers. Number of shares (m)1 Total shareholder return (%)5 CBA Peers CBA Peer Average Capital raisings for strengthening during GFC Increase due to acquisitions Dec 252FY00 Net tangible assets per share ($) CBA Peers Adoption of AIFRS accounting standards Dec 254FY00 CBA Peers Dividend per share ($) 1H003 1H263 Dec 252000 2,213% 1,166% For personal use only
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113 Capital management – share buy - back $9.3bn buy - backs completed to date 1. CBA reserves the right to vary, suspend or terminate the buy-back at any time. 2. Average market implied rate of return over 24 weeks assuming consensus dividend distributions, including franking credits (discounted at 70%). Note: internal cost of capital performance hurdles remain unchanged at 10%. 3. Higher dividends distributed as a result of total shares bought back to date. 4. Indicative cost of term funding (5 to 10 years) including the impact of tax and franking credits distribution or utilisation (discounted at 70%). 5. Franking balance for the last reported full year period divided by the number of ordinary shares outstanding for the same period. Last reported full year dividend per share. 6. Represents the three major peer banks and large mining and resource companies listed on the ASX (Rio Tinto Limited, BHP Group Limited, Fortescue Limited and Woodside Energy Group Ltd). CBA capital management activities FY22 to 1H26 Illustrative cost of equity2 vs shareholders’ cost of debt4 Dec 25 Dividend impact3 Higher dividends / DPS equivalent Franking credits ~$1.9bn / ~106 cents (1H26: ~$0.2bn / ~13 cents) ~$0.8bn Franking credit balance per share vs DPS5 • $300 million of the current $1 billion on-market share buy-back completed to date • Completion of remaining $700 million on-market share buy-back expected to reduce CET1 capital ratio by ~14bpts. Timing and actual number of shares purchased will depend on market conditions and other considerations1 • Franking account balance of $1.9 billion represents ~12% of 1H26 pre-tax cash profits (annualised), below the 10-year average of 18% • $9.3 billion of capital returned to shareholders via share buy-backs completed since FY22 resulting in a reduction of 100.6 million shares at an average price of $92.41 • Supports long-term value creation for shareholders, enabled the distribution of an additional 106 cents in dividend per share since FY22 as a result of the reduction in share count • Equity remains the most expensive form of funding CBA ASX: Major banks, mining & resources6 1.20 4.85 2.49 2.33 Franking balance per share Dividend per share $ Cost of capital Internal hurdle rate 10% Market-implied cost of capital2 Peers CBA AT1 T2 Senior debt ~7% ~5.0% ~4.8% ~4.0% ~8-9% Current market implied cost of equity Dec 19 Dec 25 For personal use only
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114 Capital – divestments/buy - backs Announced divestments program – $9.3bn returned to shareholders to date 1. Represents partial divestments. CBA’s retained shareholdings are 4.6% of Klarna (17,407,235 ordinary shares remaining), 45.0% of CFS and 41.6% of Lendi (merged with AHL). 2. CBA sold 1,644,844 ordinary shares in Klarna at IPO on 11 September 2025 and sold an additional 289,293 ordinary shares as part of an underwriters’ option on 22 September 2025. 3. CBA completed the sale of a 10% shareholding in HZB in 2022 and completed the sale of the remaining shareholding in June 2025. 4. During FY25, CBA sold its shareholding in VIB on-market. Completed Completed Associated buy-back Klarna1,2 Sep 25 Completed: $3bn on-market buy-back and $6bn off-market buy- back. In progress: $1bn on-market buy-back announced Aug 23, $300m completed as at Dec 25. Bank of Hangzhou (HZB)3 Jun 25 Commonwealth Private Advice Jun 25 Vietnam International Commercial Joint Stock Bank (VIB)4 Mar 25 PT Bank Commonwealth May 24 General Insurance Sep 22 Bank of Hangzhou (HZB)1,3 Jun 22 Colonial First State (CFS)1 Dec 21 Aussie Home Loans (AHL)1 May 21 AUSIEX May 21 CommInsure Life Apr 21 BoCommLife Dec 20 PT Commonwealth Life Jun 20 Financial Wisdom Jun 20 CFP Pathways Mar 20 Count Financial Oct 19 CFSGAM Aug 19 TymeDigital Nov 18 Sovereign Jul 18 ~$13bn $6bn $3bn $1bn Divestments Buy-backs Off-market (completed) On-market (completed) On-market (in progress) $10bn CET1Divestments For personal use only
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115 12.4% 12.2% 12.3% 102 16(94) (37) Jun 25 Level 1 2H25 Dividend (DRP neutralised) NPAT RWA Other Dec 25 Level 1 Dec 25 Level 22 CET1 – Level 1 Strong CET1 Level 1 of 12.2% - well above minimum regulatory requirement 1. Due to rounding, numbers presented may not sum precisely to the total provided. 2. Includes the on-market purchase of shares in respect of the DRP. 3. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. CET1 (Level 1)1 bpts 4.50% 3.75% 1.00% 1.00% APRA minimum 10.25% D-SIB Capital conservation buffer CCyB3 Minimum prudential capital requirement v L1 vs L2: (10bpts) RWA of L2 banking subsidiaries +140bpts Higher reserves and retained earnings at L2 (110bpts) Elim. of investments in reg. subsidiaries at L2 (60bpts) Goodwill & intangibles +20bpts For personal use only
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116 Capital – regulatory changes A number of regulatory changes in progress Change Implementation Details Market Risk APS 117 (1 Oct 2025) APS 116 (2026) • Non-traded: The final revised APS 117 aims to standardise aspects of the calculation of IRRBB capital to reduce volatility over time and variations between ADIs. The revised APS 117 came into effect on 1 Oct 2025. • Traded: APRA is yet to commence consultation on Fundamental Review of the Trading Book. Loss-absorbing capacity (LAC) 1 Jan 2026 • LAC requirement increasing to 4.5% effective 1 Jan 2026, bringing the Total Capital requirement to 18.25%. Additional Tier 1 Capital 1 Jan 2027 • On 4 Dec 2025, APRA finalised the consequential amendments to the bank prudential framework to phase out AT1 Capital instruments. • For IRB banks, the existing 1.5% of AT1 requirement will be replaced with 0.25% of CET1 (minimum CET1 requirement increasing to 10.5%) and 1.25% of Tier 2 (implied Tier 2 requirements (incl. LAC) increasing to 7.75%). Total Capital requirement is unchanged. • From 1 Jan 2027, the leverage ratio and limits on large and related-party exposures will be measured on a CET1 Capital basis. For IRB banks such as CBA, the minimum leverage ratio requirement will decrease from 3.5% to 3.25%. RBNZ Capital review 2019 requirements currently undergoing phased implementation from Oct 2021 to 1 Jul 2028 • On 17 December 2025, the Reserve Bank of New Zealand (RBNZ) released the final capital settings for New Zealand deposit takers. • For Group 1 deposit takers such as ASB, the changes include a lower CET1 capital requirement of 12%, removal of AT1 capital instruments and the introduction of a 6% LAC requirement which may be met with Tier 2 capital, increasing the Total Capital requirement to 21%. • All Tier 2 and LAC requirements must be internally issued to the Australian parent bank, such as CBA. • The RBNZ expects to further consult on the components of these changes across 2026 and 2027 prior to publishing the final standards by 31 May 2027, with phased implementation commencing 1 December 2028. CBA is well-positioned to meet the new capital requirements over the implementation period. For personal use only
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117 Regulatory expected loss 1 For non - defaulted exposures, eligible provisions in excess of regulated expected losses added back to Tier 2 Capital 1. Represents the shortfall between the calculated Regulatory EL and Eligible Provisions (EP) with respect to credit portfolios which are subject to the AIRB approach. The adjustment is assessed separately for both defaulted and non-defaulted exposures. Where there is an excess of EL over EP in either assessments, the difference must be deducted from CET1. For non-defaulted exposures where the EL is lower than the EP, this may be included in Tier 2 Capital up to a maximum of 0.6% of total Credit RWA. 2. Defaulted provisions comprises of specific provisions, including accounting collective provisions relating to defaulted exposures, and partial write-offs. Dec 24 Jun 25 Dec 25 $m Defaulted Non-defaulted Defaulted Non-defaulted Defaulted Non-defaulted Regulatory expected loss (EL) 1,640 2,626 1,618 2,666 1,604 2,644 Eligible provisions (EP) Collective and specific provisions2 1,794 4,738 1,835 4,860 1,798 4,873 Less: ineligible provisions (standardised portfolio) (81) (81) (68) (79) (128) (84) Total eligible provisions 1,714 4,657 1,767 4,781 1,670 4,789 Shortfall / (excess) of regulatory EL to EP (73) (2,030) (149) (2,115) (66) (2,145) Common equity Tier 1 deduction - - - - - - Tier 2 Capital add-back N/A N/A N/A X,xxxxx2,030 2,115 2,145 For personal use only
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Economic overview MR For personal use only
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119 4.8 6.5 7.7 6.0-8.0 6.0-8.0 2023 2024 2025 2026 2027 Key Australian economic indicators 1 (Dec CY) 4.0 2.4 3.6 3.2 2.6 2023 2024 2025 2026 2027 4.2 5.5 5.9 5.5- 7.5 5.0- 7.0 2023 2024 2025 2026 2027 6.5 8.9 9.7 7.0- 9.0 7.0- 9.0 2023 2024 2025 2026 2027 3.10 4.10 4.35 4.35 4.35 3.85 3.60 4.10 4.10 4.10 4.10 Dec 22 Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 Jun 26 Dec 26 Jun 27 Dec 27 5.6 3.7 4.5 4.7 4.1 2023 2024 2025 2026 2027 2.1 1.0 1.9 2.3 2.1 2023 2024 2025 2026 2027 1. Source: ABS, RBA and CBA Global Economic and Markets Research. GDP % Calendar year average Unemployment rate % December quarter average Cash rate % Headline CPI % Year on year, December quarter Selected credit growth % 12 months to December Forecast, CBA Global Economic & Markets ResearchActual Housing credit GDP Nominal GDP Business credit Total credit growth % 12 months to December 3.9 4.0 4.2 4.4 4.4 2023 2024 2025 2026 2027 MR For personal use only
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120 But public spending should continue to support4 Annual growth in Federal government payments and receipts 20 25 30 35 1995 2000 2005 2010 2015 2020 2025 Payments Receipts Treasury forecasts Public sector to private sector well underway3 Annual growth contribution in GDP components -7 -3 1 5 9 Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Private sector Public sector GDP 0 1 2 3 4 Dec 10 Dec 13 Dec 16 Dec 19 Dec 22 Dec 25 Potential growth Productivity growth Population and participation growth RBA is hiking interest rates again1 RBA cash rate As inflation is too high1 Annual growth in inflation With the economy growing at its limit2 Annual growth in GDP -10 -5 0 5 10 15 Dec 10 Dec 13 Dec 16 Dec 19 Dec 22 Dec 25 Potential growth Actual growth 1. Source: RBA. 2. Source: CBA, ABS. 3. Source ABS. 4. Source: Federal government. The Australian economy Australian economy growing around its speed limit and inflation is too high % % % %% % Productivity the main drag2 Annual growth in productivity and population -1 1 3 5 7 9 Dec 15 Dec 17 Dec 19 Dec 21 Dec 23 Dec 25 Headline CPI Trimmed Mean CPI MR 0 1 2 3 4 5 Dec 13 Dec 16 Dec 19 Dec 22 Dec 25 Cash rate For personal use only
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121 All measures of consumer spending has lifted1 Nominal household spending annual growth 0 5 10 15 20 Dec 22 Dec 23 Dec 24 Dec 25 National Accounts consumption ABS HSI CBA HSI (smoothed) Household debt levels have eased4 Household credit to household disposable income 100 110 120 130 140 150 Dec 05 Dec 10 Dec 15 Dec 20 Dec 25 Net of offset accounts balances* * Data prior to 2019 merged by CBA Total Households have rebuilt savings2 Household saving rate 0 5 10 15 20 25 Dec 13 Dec 16 Dec 19 Dec 22 Dec 25 Savings rate Renters and mortgagees improving3 Per capita household consumption (annual growth smoothed) -5 0 5 10 15 20 25 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Owner outright Renter Owner with a mortgage Housing debt servicing costs moderate2 Share of household disposable income and dollars 0 2 4 6 8 10 0 5 10 15 20 25 30 35 Dec 10 Dec 13 Dec 16 Dec 19 Dec 22 Dec 25 Billions Quarterly Interest paid (LHS) Interest paid as share of disposable income (RHS) $bn As real household disposable income growth rises1 Real household disposable income index and trend 85 90 95 100 105 110 115 Dec 14 Dec 16 Dec 18 Dec 20 Dec 22 Dec 24 Dec 26 Real household disposable income Trend 1. Source: ABS, CBA. 2. ABS. 3. Source: CBA Household Spending Insights. 4. Source: ABS, RBA APRA, CBA. The Australian economy Australian households are saving and spending %Index % % % % MR For personal use only
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122 Largely driven by data centres2 Rolling annual total Labour market still tight1 Unemployment rate Cost of building new houses rising again2 Annual growth in new dwelling construction costs and rents -2 2 6 10 14 18 22 Dec 18 Dec 20 Dec 22 Dec 24 Advertised rents New dwelling construction costs 0 2 4 6 8 10 12 14 Dec 02 Dec 06 Dec 10 Dec 14 Dec 18 Dec 22 Dec 26 Completed or partially completed Yet to be done Starts Investment pipeline rising2 Capital investment intentions 0 60 120 180 240 Jun 02 Jun 06 Jun 10 Jun 14 Jun 18 Jun 22 Jun 26 Non-mining Implied Intentions Mining Wages growth above 3% still2 Annual wages growth by CBA and ABS 0 1 2 3 4 Dec 14 Dec 16 Dec 18 Dec 20 Dec 22 Dec 24 Dec 26 ABS Wage Price Index CBA Wage Insights Half of prices rising by more than 3%1 Share of CPI basket 1. Source: ABS. 2. Source: ABS and CBA. The Australian economy Capacity constraints evident with unemployment rate holding steady, large investment pipelines $bn %% % %$bn 2 3 4 5 6 7 8 Dec 18 Dec 20 Dec 22 Dec 24 Dec 26 Unemployment rate MR 20 30 40 50 60 70 80 Dec 12 Dec 14 Dec 16 Dec 18 Dec 20 Dec 22 Dec 24 Dec 26 Share of CPI basket items with prices rising by more than 3% For personal use only
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123 AI Investment ramping up6 Hyperscaler investment in AI 0 100 200 300 400 500 600 2022 2023 2024 2025 2026 Australia’s national income at risk if commodity prices fall4 Terms of trade index 40 60 80 100 120 Dec 90 Dec 95 Dec 00 Dec 05 Dec 10 Dec 15 Dec 20 Dec 25 Australia’s export exposure to China and the West3 Share of Australian real GDP 0 5 10 15 Dec 06 Dec 09 Dec 12 Dec 15 Dec 18 Dec 21 Dec 24 The West China Global growth holding up2 Annual growth in global economy -4 -2 0 2 4 6 8 Dec 00 Dec 05 Dec 10 Dec 15 Dec 20 Dec 25 World growth CBA f’cast Global trade uncertainty index1 Index 0 200 400 600 800 Dec 00 Dec 05 Dec 10 Dec 15 Dec 20 Dec 25 Economic Policy Uncertainty Australian dollar a good buffer amidst volatility5 Australian dollar vs USD and Trade Weighted Index 1. Source: Economic Policy Uncertainty, Matteo Iacoviello. 2. Source: CBA, IMF. 3. Source: CBA, Asian Development Bank. 4. Source: ABS. 5. Source: RBA, Bloomberg. 6. Source: Bloomberg, CBA. Hyperscalers are Oracle, META, Google, Amazon, Microsoft. Global backdrop and impact on Australian economy Global uncertainty elevated but growth and AI a positive %% AUD/USD $USbn Index 50 60 70 80 90 0.5 0.7 0.9 1.1 1.3 Dec 10 Dec 14 Dec 18 Dec 22 Dec 26 Trade Weighted Index (RHS) AUD/USD (LHS) IndexIndex MR For personal use only
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124 Housing affordability challenging4 Percent of pre-tax income directed to mortgages 5% 10% 15% 20% 25% 30% Dec 94 Dec 04 Dec 14 Dec 24 Demand still outstripping supply2 Annual growth in dwelling stock and population 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Dec 10 Dec 15 Dec 20 Dec 25 Dwelling stock Population Low (but rising) vacancy rates3 Rental vacancy rate (8 capital city average) 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Dec 13 Dec 15 Dec 17 Dec 19 Dec 21 Dec 23 Dec 25 New lending just off its recent highs2 Housing loan approvals (excluding refinancing) 0 10 20 30 40 50 Dec 10 Dec 15 Dec 20 Dec 25 Owner-occupier (ex FHB) First home buyers (FHB) Investor Some improvement in housing supply2 Annual total of housing approvals and completions 100 150 200 250 Dec 10 Dec 15 Dec 20 Dec 25 Thousands Approvals Completions National home price growth rising again1 Dwelling prices (8 capital cities) -10 0 10 20 -3 0 3 6 Dec 16 Dec 18 Dec 20 Dec 22 Dec 24 Dec 26 %% Annual growth (RHS) Monthly change (LHS) 1. Source: Cotality. 2. Source: ABS. 3. Source: REIA. 4. Source: RBA, ABS, APRA and CBA. Dual average full-time income household buying median priced dwelling. Housing sector Home prices rose strongly in 2025 on demand and lower interest rates % $bn000s %% MR For personal use only
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125 7.0 3.6 4.2 5.1 4.8 2023 2024 2025 2026 2027 0.5 2.9 4.0 2023 2024 2025 2026 2027 2.9 3.8 5.7 2023 2024 2025 2026 2027 Total credit growth % 12 months to December 4.7 2.2 3.1 2.7 2.2 2023 2024 2025 2026 2027 2.2 3.1 4.6 4.5 – 6.5 2023 2024 2025 2026 2027 1. Source: Statistics NZ, RBNZ and ASB Economics. Cash rate % GDP % Calendar year average CPI % Year on year, December quarter Unemployment rate % December quarter average Selected credit growth % 12 months to December Forecast, ASB EconomicsActual Housing credit GDP Nominal GDP Business credit Key New Zealand economic indicators (December C Y) 1 4.0- 6.0 4.0 – 6.0 4.5- 6.5 3.5- 5.5 2.2 (0.3) 0.5 2.8 2.8 2023 2024 2025 2026 2027 4.0 5.1 5.4 5.0 4.6 2023 2024 2025 2026 2027 5.5- 7.5 4.25 5.50 5.50 5.50 4.25 3.25 2.25 2.50 3.00 Dec 22 Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 Dec 26 Dec 27 MR For personal use only
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Sources, glossary & notes MR For personal use only
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127 Sources and notes Slide 5 1. Variances to prior comparative period on a continuing operations basis. 2. Refer to glossary at the back of this presentation for further details. 3. Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 4. Presented on a continuing operations basis. 5. Inclusive of 1% default countercyclical capital buffer which may be varied by APRA in the range of 0% to 3.5%. Slide 7 1. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) and Monthly Banking statistics (pre-June 2019). 2. Latest reported half year return on equity (cash basis) or equivalent. 3. Ten year average of last reported full year return on equity. 4. As reported on a continuing operations basis. 5. As reported excluding notable items. 6. Latest half year return on equity excludes significant items. 7. ROE as reported (includes banking and non-banking businesses). 8. Represents NII and average lending growth for the most recent half year reporting period compared to two years prior. 9. Excludes the impact of bank acquisition undertaken during the period. 10. Reflects the banking and financial services business. Slide 10 1. Refer to glossary at the back of this presentation for further details. 2. Total retail transaction accounts, excluding offset accounts. Includes Bankwest. December 2025 vs December 2024. 3. The total number of customers that have logged into the CommBank app at least once in the month of December 2025 vs December 2024. 4. The total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 5. Since the GFC and normalised for the impact of Bankwest acquisition. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) - Total residents loans and finance leases and Total residents deposits; Monthly Banking statistics (pre-June 2019) – Total gross loans and advances and Total deposits (excluding Certificates of deposit). 6. Underlying margin is broadly stable excluding the impact of liquid assets and institutional reverse sale and repurchase agreements. 7. Excludes Bankwest and Residential Mortgage Group. 8. CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to retail customers from November 2023 to December 2025. 9. Total eligible customers for CommBank Yello for Business as at December 2025. Slide 11 1. Based on most active app users as at 30 September 2025 compared to major peer banks. 2. Based on the total number of customers that have logged into the CommBank app at least once in the month of December 2025. 3. Refer to glossary at the back of this presentation for further details. 4. Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 5. Source: RBA Lending and Credit Aggregates. 6. The total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 7. ‘Days’ relates to business days. Application times relate to average time to first decision for applications not auto-decisioned for 1H26 (simple and complex applications excluding home seeker). 8. Proprietary home loan applications auto-decisioned using an automated credit rules engine in 1H26. 9. Retail Banking Services contribution to 1H26 Group cash NPAT (from continuing operations). For personal use only
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128 Sources and notes Slide 12 1. Launched in August 2025. 2. Refer to glossary at the back of this presentation for further details. 3. Represents Business Banking divisional business loan balances on a spot basis. Comparative information has been restated to conform to presentation in the current period. 4. CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). Represents growth for the period December 2025 vs December 2024. 5. 1H26 vs 1H25. 6. Simple annual reviews applicable to business customer lending of up to $5 million since introduction in October 2024. 7. Business Banking contribution to 1H26 Group cash NPAT (from continuing operations). Slide 13 1. Represents the increase in the number of client engagements since 2022. 2. Refer to glossary at the back of this presentation for further details. 3. Turnover +$300 million per annum. 4. Deposit funding ratio reflects spot interest bearing deposits versus interest earning lending assets. As at 31 December 2019, the ratio reflects transaction, savings and investment deposits versus interest earning lending assets, from the latest available disclosures. 5. Total annualised IB&M revenue as a proportion of total Risk Weighted Assets, from the latest available disclosures. 6. Represents the reduction in total Risk Weighted Assets from December 2015 to December 2025. 7. Ranking reflects combined volumes of the Australian Debt Capital Markets (AUD and NZD), Securitisation and Syndicated Loans tables, sourced from Bloomberg. 8. Average balance for 1H26 vs 1H25. Includes utilised secured and unsecured financing transactions that are aligned with external market principles such as the Loan Market Association / Loan Syndication and Trading Association / Asia Pacific Loan Market Association Green, Social and Sustainability-Linked Loan Principles. 9. Net new mandates won (excluding inward clearing mandates) with IB&M clients that hold a Transaction Account and an additional Transaction Banking product, generating over $100k p.a. (run-rate). 10. Reflects latest publicly available figures from the 1H21 Profit Announcement. 11. Institutional Banking & Markets contribution to 1H26 Group cash NPAT (from continuing operations). Slide 14 1. Launched in November 2025. 2. Source: RepTrak Corporate Reputation survey, representative of New Zealanders aged 18+. Reputation scores shown are quarterly. New Zealand bank average includes ANZ, BNZ, Kiwibank and Westpac. 3. Based upon RBNZ lending by purpose and deposits by sector data. 4. Business and rural lending represents aggregated business and agriculture loans per RBNZ classifications. 5. Includes institutional deposits. 6. Represents ASB divisional home loan balances on a spot basis. 7. Represents ASB divisional total customer deposit balances (interest bearing and non-interest bearing) on a spot basis. 8. Canstar Digital Bank of the Year for four consecutive years. 9. Camorra Research active customers aged 15-79 of the 5 major banks (September 2025). 10. ‘Days’ includes weekdays and weekends. Turnaround time relates to average time to first credit decision for proprietary home lending applications for 1H26. 11. ASB contribution to Group cash NPAT (from continuing operations). ASB Bank only and calculated in Australian dollars. For personal use only
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129 Sources and notes Slide 19 1. CBA new fundings including Bankwest, internal refinancing and top-ups, Viridian Line of Credit and Residential Mortgage Group. Excludes ASB. 1H26 vs 1H25. 2. CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). Represents growth for the period December 2025 vs December 2024. 3. Average balance for 1H26 vs 1H25. Includes utilised secured and unsecured financing transactions that are aligned with external market principles such as the Loan Market Association / Loan Syndication and Trading Association / Asia Pacific Loan Market Association Green, Social and Sustainability-Linked Loan Principles. 4. 1H26 vs 1H24. 5. 1H26 vs 1H25. 6. Refer to glossary at the back of this presentation for further details. 7. CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to retail customers from November 2023 to December 2025. 8. Evident AI Index 2025 published by Evident Insights Index, October 2025. 9. 1H26 vs 1H25 on a rounded basis. Critical incidents recovery time based on the Mean Time to Recover (MTTR). 10. Average daily suspicious card activity alerts sent in 1H26. 11. Includes expenditure on operational processes and upgrading functionalities in 1H26, annualised. 12. As at 31 December 2025. Slide 22 1. Refer to glossary at the back of this presentation for further details. 2. Represents average operating performance from 1H21 to 2H25. 3. Deposits and long-term wholesale funding as a percentage of total funding (excluding equity). 4. Represents 1H26 average balance of domestic equity hedge and deposit hedge. 5. Represents the difference between total actual provisions held and the expected credit loss in the central scenario. 6. Surplus CET1 capital ratio above APRA regulatory minimum of 10.25% under the revised capital framework effective from 1 January 2023. Slide 26 1. CBA and Bankwest customers with a retail transaction account, including offsets. 2. CBA excluding ASB. 3. CBA excluding Bankwest and ASB. 4. Average home loan return based on $600,000 loan size. Broker returns adjusted for upfront and trail commissions and lower operating expenses. 5. Represents the growth in the number of customers with a business transaction account, and the growth in the average business transaction account balance per customer. 6. Represents Business Banking divisional business deposit balances on a spot basis. 7. Fundings represent new lending, limits drawn and working capital. 8. Represents Business Banking divisional business loan balances on a spot basis. Slide 36 1. Return on equity on a cash (or cash equivalent basis) and continuing operations basis over average ordinary equity for domestic peers. Domestic Peer ROE and dividend payout ratio represents the average for the last two full year results as published, excluding special dividends. ANZ excluding notable items. CBA reporting period includes the average of the last four half year results to December 2025. International banks sourced from Bloomberg and/or published results, and represents the average of the last two full years for US and Canadian banks, and the simple average of the last four half year results for UK banks. Citi FY25 ROE ex notable items. HSBC dividend payout ratio excludes special dividends and impact from material notable items including sale of businesses in Canada and Argentina. TD Bank FY25 results have been normalised to exclude CAD $8.6bn net gain on sale of Schwab and FY24 results have been normalised to exclude the Global Resolution of the investigations into the US BSA/AML Program payment of USD $3bn. 2. Estimated Return on equity (cash) including the benefit from franking credits which is recognised as 70% of the Australian tax generated relative to the average shareholders' equity in the period for CBA and domestic peers. 3. Net tangible assets per share as at 31 December 2025 for CBA and as reported as at 30 September 2025 for peers. FY00 – FY04 net tangible assets have not been normalised for the impact of the transition to AIFRS in 2005. 4. Reflects disclosed interim dividends for CBA and final dividend for peers. Excludes special dividends. For personal use only
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130 Sources and notes Slide 41 1. Refer to glossary at the back of this presentation for further details. 2. Total retail transaction accounts, excluding offset accounts. Includes Bankwest. 3. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4. Source: RBA Lending and Credit Aggregates. 5. Excludes Bankwest and Residential Mortgage Group. 6. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) – Non-financial Business Deposits (including IB&M). 7. Represents Business Banking divisional business loan balances on a spot basis. Comparative information has been restated to conform to presentation in the current period. 8. CBA Business lending multiple is based on Business Banking growth rate (excluding Institutional Banking and Markets) over published APRA and RBA Total Business Lending data (excluding estimated institutional lending balances). Represents growth for the period December 2025 vs December 2024. Slide 43 1. Represents an approximated distribution of 1H26 Group gross income (net of loan impairment) to our customers and stakeholders across Australia and New Zealand. 2. Includes interest paid on deposits in 1H26. 3. Represents share of household deposits as at December 2025. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4. Includes payment of corporate tax, employee related taxes, Major Bank Levy and net unrecoverable GST in 1H26. 5. Includes interest paid on offshore deposits and wholesale funding. 6. CBA Australia registered suppliers as at December 2025. Excludes non-supplier third parties. 7. Represents 2H25 dividend paid. 8. Retail shareholder calculation is based on the number of shareholders who hold 10,000 shares or less. Slide 46 1. Based on most active app users as at 30 September 2025 compared to major peer banks. 2. Based on the total number of customers that have logged into the CommBank app at least once in the month of December 2025. 3. CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to retail customers from November 2023 to December 2025. 4. 1H26 vs 1H25 growth of Aussie equities, Pocket and Everyday Investing accounts opened via the CommBank app. 5. Increase in travel booking transactions, 1H26 vs 1H25. 6. Via the CommBank app. 7. Electric vehicles. 8. Unique number of customers visiting the platform in December 2025. Slide 48 1. Based on most active app users as at 30 September 2025 compared to major peer banks. 2. CBA awarded Canstar's 2025 Bank of the Year – Digital Banking Award (for the 16th year in a row). Awarded May 2025. CBA was also inducted into the inaugural Canstar ‘Hall of Fame’ for sustained success in the Digital Banking – Bank of the Year category for ten or more consecutive years. 3. CBA was awarded the ‘Most Innovative Major Consumer Bank’ and ‘Best Digital Consumer Bank (Major)’ for the 7th year in a row by RFI Global’s Banking & Finance Awards 2025. Presented March 2025. Award is based on information collected from the RFI Global Atlas research program – feedback from over 80,000 business and/or retail customers from January 2024 to December 2024. 4. CommBank Yello was awarded the ‘Best Overall Loyalty Program – Financial Services’ at the 2025 Asia Pacific Loyalty Awards. 5. The total number of customers that have logged into the CommBank app at least once in the month of December 2025. 6. Represents the total number of logins to the CommBank app in the month of December 2025 divided by the number of days in the month. 7. CommBank Yello has delivered more than $190 million in value in the form of cashbacks, discounts and prize draws to retail customers from November 2023 to December 2025. 8. Proportion of CommBank Yello partners who are either CBA Business Banking or Institutional Banking & Markets division customers and have had an offer live from 1 July 2025 to 31 December 2025. 9. Total eligible customers for CommBank Yello for Business as at December 2025. For personal use only
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131 Sources and notes Slide 49 1. Data source: Customer Engagement Engine Reporting. 2. Evident AI Index 2023 published by Evident Insights Index, October 2023. 3. Evident AI Index 2024 published by Evident Insights Index, October 2024. 4. Evident AI Index 2025 published by Evident Insights Index, October 2025. Slide 57 1. Percentage growth calculations are based on actual numbers on a non-annualised basis. 2. Source: RBA Lending and Credit Aggregates. 3. Business including select financial businesses. 4. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 5. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) – Non-financial Business Deposits (including IB&M). 6. Totals calculated using unrounded numbers. Slide 58 1. Comparatives have been updated to reflect market restatements. 2. CBA source: RBA Lending and Credit Aggregates. Home lending peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. 3. System source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4. Other household lending market share includes personal loans, margin loans and other forms of lending to individuals. 5. Business including select financial businesses. 6. Represents business lending to and business deposits by non-financial businesses under APRA definitions. 7. Represents CommSec traded value as a percentage of total Australian equities markets, on a 12 month rolling average basis. 8. System source: Based upon RBNZ lending by purpose and deposits by sector data. Business and rural lending represents aggregated business and agriculture loans per RBNZ classifications. 9. Series break due to new regulatory definitions set by APRA from 1 July 2019. As a result of this change, market share is not comparable to previous reporting periods. Additional series break from June 2021 relating to restatements. Slide 72 1. CBA source: RBA Lending and Credit Aggregates, Peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by RBA Lending and Credit Aggregates system balance. Series break from June 2021 relating to restatements. 2. Includes internal refinancing, Unloan, Residential Mortgage Group and Bankwest and excludes Viridian Line of Credit. 3. Excludes Bankwest and Residential Mortgage Group. 4. Average home loan return based on $600,000 loan size. Broker returns adjusted for upfront and trail commissions and lower operating expenses. 5. CBA including Bankwest. Excludes ASB. 6. Proprietary home loan applications auto-decisioned using an automated credit rules engine in 1H26. 7. ‘Days’ relates to business days. Application times relate to average time to first decision for applications not auto-decisioned for 1H26 (simple and complex applications excluding home seeker). 8. Home loan digital document and signing utilisation for eligible customers in 1H26. 9. Retail home loans settled digitally via PEXA and Sympli in 1H26. For personal use only
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132 Sources and notes Slide 85 1. CBA grades in S&P equivalents. 2. Due to rounding, the numbers presented may not sum precisely to the totals provided. 3. Non-performing exposures are exposures in default as defined in regulatory standard APS220 Credit Risk Management. Corporate troublesome exposures are defined as exposures to corporate customers where profitability is weak and the capacity to meet financial commitments is diminished. These customers are at higher risk of default over the next 12 months. Well-secured home loans are defined as those with LMI or where the fair value of collateral after applying a conservative haircut to the most recent valuation exceeds the estimated future contractual cash flows. Estimated future contractual cash flows includes loan balance, interest and expenses during the resolution period. 4. Represents troublesome and non-performing exposures as a proportion of Group total committed exposures. Slide 95 1. Includes other short-term liabilities. 2. Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 3. Represents the Weighted Average Maturity of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 4. Maturities may vary quarter to quarter due to FX revaluation. 5. Includes Senior Bonds and Structured MTN. 6. Additional Tier 1 and Tier 2 Capital. 7. Quarterly average. 8. Indicative weighted senior and covered bond funding costs (excluding Tier 2 costs), across major currencies. Represents the spread over BBSW equivalent on a swapped basis. 9. Includes debt buy-backs and reported at historical FX rates. 10. Short-term wholesale funding and other short-term collateral deposits including net collateral received and Vostro balances. 11. Lending excludes collateral loans. Slide 96 1. CBA data as at 31 December 2025. Peer data based on regulatory disclosures as at 30 September 2025. 2. Total retail transaction accounts, excluding offset accounts, includes Bankwest. 3. Represents Retail Banking Services divisional deposit balances. Transactions include non-interest bearing deposits and transaction offsets. Online includes NetBank Saver, Goal Saver, Business Online Saver, Bankwest Hero Saver, Smart eSaver, and Telenet Saver and Easy Saver. Savings and Investments includes savings offset accounts. Prior periods have been restate d. 4. Includes at-call interest bearing deposits, term deposits and non-interest bearing deposits. 5. Comparative information has been restated to conform to presentation in the current period. 6. Includes non-interest bearing deposits and other customer funding. Slide 104 1. Due to rounding, numbers presented in this section may not sum precisely to the totals provided. 2. The 2025 final dividend included the on-market purchase of $643 million of shares (CET1 impact of -13bpts) in respect of the Dividend Reinvestment Plan. 3. Excludes equity accounted profits/losses and impairments from investments, which are neutral from a regulatory capital perspective due to the offsetting changes in capital deductions. 4. Excludes impact of foreign exchange movements on Credit RWA, which is included in ‘Other’. 5. Credit quality includes portfolio mix. 6. Includes data and methodology, credit risk estimates changes and regulatory treatments. 7. Includes credit valuation adjustment, securitisation, standardised portfolios and settlement risk RWA. 8. Basis points impact on CET1 ratio. 9. Comprises of prospective IRRBB capital charge, embedded loss/gain and other amount components as calculated under the revised APS 117. For personal use only
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133 Sources and notes Slide 106 1. Includes CET1 capital buffer to regulatory minimum (10.25%), total provisions above central scenario ECL, Investment Security Revaluation (ISR) Reserve and IRRBB Embedded Gains and Losses converted into capital using the Group’s Level 2 CET1 ratio. 2. Central scenario is based on the Group’s internal economic forecasts and market consensus as well as other assumptions used in business planning and forecasting. 3. Assuming 100% weighting holding all assumptions including forward-looking adjustments constant and includes individually assessed provisions. 4. This represents pre-tax changes in the value of government and semi-government bonds recognised within the ISR Reserve. 5. The Group’s equity is invested over a three-year term to mitigate volatility of earnings and capital through a rate and credit cycle. Valuation differences cannot be utilised to support growth or shareholder returns. Unwind is slowed in high-rate environment and accelerated in low-rate environment. 6. Represents 1H26 average balance of domestic equity hedge and deposit hedge. 7. CBA as at 31 December 2025. Peers based on regulatory disclosures as at 30 September 2025. 8. Includes other short-term liabilities. 9. Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. Slide 107 1. Represents the Weighted Average Maturity of outstanding long-term wholesale debt with a residual maturity greater than 12 months as at reporting date. WAM includes RBNZ term lending facilities drawdowns where applicable. 2. December 2015 deposit funding ratio has been restated to include central bank and interbank deposits previously classified as short-term wholesale funding ($18.1 billion) to conform with presentation in the current period. 3. Represents long-term wholesale funding as a percentage of total funding which includes RBNZ term lending facilities drawdowns where applicable. 4. Includes short-term collateral deposits. 5. Represents cumulative gross investment spend over a ten year rolling period. 1H26 rolling 10 years investment spend represents the 10 year period from 2H16 to 1H26. 6. Represents franking account balance as at 31 December 2025. 7. Franking account balance as at 31 December 2025 divided by annualised 1H26 pre-tax cash profit on a continuing operations basis. 8. CBA and peers shares on issue as at 31 December 2025. For personal use only
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134 Glossary Term Description Cash Profit The Profit Announcement (PA) discloses the net profit after tax on both a statutory and cash basis. The statutory basis is prepared in accordance with the Corporations Act 2001 (Cth) and the Australian Accounting Standards, which comply with International Financial Reporting Standards (IFRS). The cash basis is used by management to present a clear view of the Bank’s operating results. It is not a measure based on cash accounting or cash flows. The items excluded from cash profit, such as hedging and IFRS volatility and losses or gains on acquisition, disposal, closure, capital repatriation and demerger of businesses are calculated consistently with the prior year and prior half disclosures and do not discriminate between positive and negative adjustments. A list of items excluded from cash profit is provided on page 3 of the Group’s 31 December 2025 PA, which can be accessed at our website: www.commbank.com.au/results Level 1 CBA parent bank, offshore branches and extended licensed entities approved by APRA. Level 2 Consolidated banking group including banking subsidiaries such as ASB Bank and CBA Europe N.V. Corporate Troublesome Corporate Troublesome includes exposures to corporate customers where profitability is weak and the capacity to meet financial commitments is diminished. These customers are at higher risk of default over the next 12 months. Credit Valuation Adjustment (CVA) The market value of the counterparty credit risk on the derivative portfolio, calculated as the difference between the risk-free portfolio value and the portfolio value that takes into account the possibility of a counterparty’s default. Derivative Valuation Adjustments (XVA) A number of different valuation adjustments are made to the value of derivative contracts to reflect the additional costs or benefits in holding these contracts. The material valuation adjustments included within the CBA result are CVA and FVA. Funding Valuation Adjustment (FVA) The expected funding cost or benefit over the life of the uncollateralised derivative portfolio. High Quality Liquid Assets (HQLA) As defined by APRA in Australian Prudential Standard APS210 Liquidity. Qualifying HQLA includes cash, government and semi-government securities, and RBNZ eligible securities. International Capital The measure is based on the Australian Banking Association publication ‘Basel 3.1 Capital Comparison Study’ (March 2023), which compares APRA’s capital framework, including RBNZ prudential requirements, with the finalised post-crisis Basel III reforms. Leverage Ratio Tier 1 Capital divided by Total exposures, expressed as a percentage. Total exposures are the sum of On Balance Sheet items, derivatives, Securities Financing Transactions (SFTs), and Off Balance Sheet items, net of any Tier 1 regulatory deductions that are already included in these items. Liquidity Coverage Ratio (LCR) The LCR is the first quantitative liquidity measure that is part of the Basel III reforms. It was implemented by APRA in Australia on 1 January 2015. It requires Australian ADIs to hold sufficient liquid assets to meet 30 day net cash outflows projected under an APRA-prescribed stress scenario. Main Financial Institution (MFI) share – Retail MFI share measures the proportion of Banking and Finance MFI Customers that nominated each bank as their MFI. MFI definition: In the Roy Morgan Single Source Survey MFI is a customer determined response where one institution is nominated as the primary financial institution they deal with (when considering all financial products they hold). Peers include ANZ Group (including Suncorp from August 2024), NAB Group and Westpac Group (including St George Group). CBA Group includes Bankwest. Source: Roy Morgan Single Source survey conducted by Roy Morgan, Australian population 14+ (12 month averages to December 2025), excl. unable to identify MFI. Roy Morgan has re-calibrated the results from April 2020 to March 2021 to take into account methodology changes since COVID-19. This has resulted in small differences to some of the previously published figures. MFI Share – Business RFI Global Atlas Business MFI Share. Data on a 6 month roll weighted to the Australian business population. MFI Customer Share is the proportion of all businesses with any business banking, that nominate the FI as their main financial institution. Share based on grouped brands as follows: CBA Group includes CBA and Bankwest, ANZ Group includes ANZ and Suncorp from August 2024, NAB Group includes NAB, Westpac Group includes Westpac, St George, BankSA and Bank of Melbourne. MFI Share – Institutional RFI Global Atlas Business Institutional MFI Share. Data on a 12 month roll weighted to the Australian business population with an annual revenue of $500 million or more for the previous financial year. MFI Customer Share is the proportion of all businesses with any business banking, that nominate the FI as their main financial institution. Share based on grouped brands as follows: CBA Group includes CBA and Bankwest, ANZ Group includes ANZ and Suncorp from August 2024, NAB Group includes NAB, Westpac Group includes Westpac, St George, BankSA and Bank of Melbourne. Term Description NPS – Consumer RFI Global Atlas Consumer MFI NPS. Based on Australian population aged 14+ years old rating their likelihood to recommend their MFI. NPS results are shown as a six-month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS – Business RFI Global Atlas Business MFI NPS. Based on Australian businesses rating their likelihood to recommend their MFI for Business Banking. NPS results are shown as a six-month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS – Institutional RFI Global Atlas Institutional $300 million plus Business MFI NPS: Based on Australian businesses with an annual revenue of $300 million or more for the previous financial year rating their likelihood to recommend their MFI for Business Banking. NPS results are shown as a 12 month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS – Consumer Mobile App RFI Global Atlas Consumer MFI Mobile Banking App NPS: Based on MFI customers rating their likelihood to recommend their MFI’s Mobile Banking App used in the last 4 weeks. NPS results are shown as a six-month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS – Consumer Digital Banking RFI Global Atlas Consumer MFI Digital Banking NPS: Based on MFI customers rating their likelihood to recommend their MFI’s Mobile Banking App and/or Online Banking used in the last four weeks. Overall Digital NPS is then calculated by weighting Online Banking: Mobile Banking App by a factor of 23.8:76.2. NPS results are shown as a six-month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS – Business Digital Banking RFI Global Atlas Business MFI Digital Banking NPS: Based on MFI customers (turnover below $40m) rating their likelihood to recommend their MFI’s Mobile Banking App and/or Online Banking used in the last 4 weeks. Overall Digital NPS is then calculated by weighting Online Banking: Mobile Banking App by a factor of 41:59. NPS results are shown as a six-month rolling average. NPS is reported for each brand, therefore Commonwealth Bank of Australia excludes Bankwest and ASB Banking Group. NPS & Share Ranks NPS and MFI Share ranks are based on absolute scores, or simple comparisons of incidences among major banks, not statistically significant differences. Net Stable Funding Ratio (NSFR) The NSFR is the second quantitative liquidity measure of the Basel III reforms, in addition to the LCR. It was implemented by APRA in Australia on 1 January 2018. It requires Australian ADIs to fund their assets with sufficient stable funding to reduce funding risk over a one year horizon. APRA prescribed factors are used to determine the stable funding requirement of assets and the stability of funding. Non-Performing Exposures An exposure which is in default, meaning it is 90 days or more past-due or it is considered unlikely the borrower will repay the exposure in full without recourse to actions such as realising security. RepTrak reputation score RepTrak, The RepTrak Company. Data is collected throughout the quarter and reported at quarter end. The reputation score is a calculation based on four statements measuring esteem, admiration and respect, trust and good feeling towards the organisation; expressed as a score ranging from 0-100 to determine the reputational strength of the company. Risk Weighted Assets (RWA) The value of the Group’s On and Off Balance Sheet assets are adjusted by risk weights calculated according to various APRA prudential standards. For more information, refer to the APRA website. Total Committed Exposures (TCE) Total Committed Exposures is defined as the balance outstanding and undrawn components of committed facility limits. It is calculated post receipt of eligible financial collateral that meets the Group’s netting requirements and excludes settlement exposures. Troublesome & Non-Performing Exposures (TNPE) Troublesome and non-performing exposures (TNPE) have replaced the Group’s previous Troublesome and Impaired assets measures to align with the industry standard measure of Non-Performing. TNPE comprises Non-Performing exposures and Corporate troublesome exposures. For personal use only
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135 Danny John Media Relations +61 2 9595 3219 Media@cba.com.au Melanie Kirk Investor Relations +61 2 9118 7113 CBAInvestorRelations@cba.com.au Contact us Investor Relations Media Relations For personal use only