ASIC settlement on Australian Markets and Retail matters

• ANZ Group Holdings Ltd reaches settlement with ASIC on Australian markets and retail matters
• Settlement includes payment of $50 million penalty and implementation of compliance program
• Settlement resolves ASIC's investigation into ANZ's conduct in certain financial markets

ANZ Group Holdings Ltd has announced that it has reached a settlement with the Australian Securities and Investments Commission (ASIC) in relation to certain matters concerning the company's conduct in Australian financial markets and retail banking operations. The settlement resolves ASIC's investigation into ANZ's conduct in certain financial markets. Under the terms of the settlement, ANZ will pay a $50 million penalty and implement a comprehensive compliance program to address the issues identified by ASIC. The company has cooperated fully with ASIC throughout the investigation, and the settlement allows ANZ to move forward and continue to focus on serving its customers and supporting the Australian economy. The company remains committed to maintaining the highest standards of conduct and compliance across all of its operations.