BNZ Considers Notes Offer

12/01/2026 09:09 NZDT, GENERAL

Exchange announcement

12 January 2026

BNZ considers notes offer

Bank of New Zealand (BNZ) announced today that it is considering making an offer of five year unsecured unsubordinated fixed rate notes (Notes) to New Zealand retail investors and to certain institutional investors.

It is expected that full details of the offer will be released in the near future, subject to market conditions.

No money is currently being sought and applications for the Notes cannot currently be made. If BNZ offers the Notes, the offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt securities. The Notes are expected to be quoted on the NZX Debt Market.

Lead Manager

Bank of New Zealand

T. 09 924 9602

Ends

For further information, please contact:

May Zhang, Treasurer, BNZ

T. 09-924-9203

E. bnz_treasury@bnz.co.nz