Quotation Notice - Bank of New Zealand Notes ("BNZ200")

22/01/2026 16:48 NZDT, OFFER3

QUOTATION NOTICE: NZX DEBT MARKET

BANK OF NEW ZEALAND (“BNZ200”) NOTES

Company: Bank of New Zealand (“BNZ”)

Security Code: BNZ200

ISIN: NZBNZDT407C5

Details of Issue: NZ$650,000,000 unsecured, unsubordinated, fixed rate Notes

Offer Opening Date: Tuesday, 20 January 2026

Offer Closing Date: 11:00am, Thursday, 22 January 2026

Maturity Date: Tuesday, 28 January 2031

Interest Rate: 4.354% per annum

Interest Payment Dates: 28 July and the 28 January of each year up to and including the Maturity Date

Date of First Interest Payment: Tuesday, 28 July 2026

First Interest Paid To: Holder on Record Date

Record Date: The close of business on the 10th calendar day before an Interest Payment Date (without adjusting such date for payment according to any Business Day Convention)

Minimum Application Amount: NZ$5,000

Minimum Holding: NZ$5,000

Minimum Transferable Amount: NZ$1,000

Face Value: NZ$1.00 per Note

Lead Manager: Bank of New Zealand

Trust Deed Dated: Issued pursuant to the deed poll dated 14 November 2013 (as amended and restated on 2 August 2018 and amended on 31 May 2019 and 19 September 2025) and final terms to be dated on or about 28 January 2026 and offered under a terms sheet dated 20 January 2026

Registrar: Computershare Investor Services Limited

Settlement Status: NZCDC Settlement System

Issue Date: Wednesday, 28 January 2026

Expected Commencement of Trading on the NZX Debt Market: Thursday, 29 January 2026

Mark Peterson

Chief Executive Officer

NZX Limited

22 January 2026