Quotation Notice: ASB Bank Limited Notes ("ABB130")

12/11/2026 16:37 NZDT, OFFER3

Company: ASB Bank Limited (“ABB”)

Security Code: ABB130

ISIN: NZABBDG008C9

Details of Issue: NZ$800,000,000 of unsecured, unsubordinated, fixed rate medium term notes

Offer Opening Date: Tuesday, 10 November 2026

Offer Closing Date: 10am, Thursday, 12 November 2026

Maturity Date: Wednesday, 19 November 2031

Interest Rate: 4.782% per annum

Interest Payment Dates: 19 May and 19 November of each year up to and including the Maturity Date

Date of First Interest Payment: Wednesday, 19 May 2027

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 per Note

Supervisor: Not applicable

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 12 November 2026.

Registrar: Computershare Investor Services Limited

Settlement Status: NZCDC Settlement System

Issue Date: Thursday, 19 November 2026

Expected Commencement of Trading on the NZX Debt Market: Friday, 20 November 2026