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QUOTATION NOTICE: NZX DEBT MARKET ASB BANK LIMITED (“ABB120”) NOTES Company: ASB Bank Limited (“ABB”) Security Code: ABB120 ISIN: NZABBDG007C1 Details of Issue: NZ$1,200,000,000 of unsecured, unsubordinated, fixed rate medium term notes Offer Opening Date: Monday, 25 August 2025 Offer Closing Date: Wednesday, 27 August 2025 Maturity Date: 2 September 2030 Interest Rate: 4.100% Interest Payment Dates: 2 March and the 2 September of each year up to and including the Maturity Date Date of First Interest Payment: Monday, 2 March 2026 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a Business Day, the immediately preceding Business Day Minimum Application Amount: NZ$5,000 Minimum Holding: NZ$5,000 Minimum Transferable Amount: NZ$1,000 Face Value: NZ$1.00 Lead Manager: Commonwealth Bank of Australia Trust Deed Dated: Issued pursuant to the deed poll dated 18 October 2007 (as amended and restated from time to time, including most recently on 1 July 2019) and supplemented by the Terms Sheet dated 27 August 2025 Registrar: Computershare Investor Services Limited Settlement Status: NZCDC Settlement System Issue Date: Tuesday, 2 September 2025 Expected Commencement of Trading on the NZX Debt Market: Wednesday, 3 September 2025 Mark Peterson Chief Executive Officer NZX Limited 27 08 2025