BNZ fixed rate notes – interest rate set

22/01/2026 13:37 NZDT, OFFER

Exchange announcement

22 January 2026

BNZ fixed rate notes – interest rate set

Bank of New Zealand (BNZ) confirmed today that the interest rate for the NZ$650 million unsecured unsubordinated fixed rate notes (Notes) maturing on 28 January 2031 to be issued on 28 January 2026

has been set at 4.354% per annum.

More information on the Notes is contained in the Final Terms Sheet which is attached.

Ends

For further information, please contact:

May Zhang, Treasurer, BNZ

T. 09-924-9203

E. bnz_treasury@bnz.co.nz