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Exchange announcement 24 August 2023 BNZ fixed rate notes - interest rate set Bank of New Zealand (BNZ) confirmed today that the interest rate for the NZ$1,000,000,000 unsecured unsubordinated fixed rate notes maturing on 1 September 2028 to be issued on 1 September 2023 (Notes) has been set at 5.872% 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 End CA:00416999 For:BNZ Type:OFFER Time:2023-08-24 12:29:19