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Interest Rate Set

15/06/2022, 00:32 Coordinated Universal Time, OFFER

ASB Bank Limited (ASB) confirmed today that the interest rate for the NZ$750 million unsecured unsubordinated fixed rate notes maturing on 21 June 2027 to be issued on 21 June 2022 (Notes) has been set at 5.524% per annum. More information on the offer is contained in the Final Terms Sheet for the offer which is attached. ENDS For enquiries, contact: Steve Lucas, General Manager Treasury (Acting), ASB Bank Limited funding@asb.co.nz End CA:00393819 For:ABB Type:OFFER Time:2022-06-15 12:32:26