BNZ considers fixed rate notes offer

Exchange announcement 16 August 2023 BNZ considers fixed rate 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. 0800 275 269 Ends For further information, please contact: May Zhang, Treasurer, BNZ T. 09-924-9203, E. bnz_treasury@bnz.co.nz End CA:00416421 For:BNZ Type:GENERAL Time:2023-08-16 09:30:09