• BEN to pay 30 cents per share (fully franked) interim dividend for 1H26
• DRP to be offered, with plan to partially underwrite the DRP
• Shares issued under DRP at 1.5% discount to VWAP

Bendigo and Adelaide Bank (ASX:BEN) announced that the Board had determined to pay a 30 cents per share (fully franked) interim dividend for 1H26. BEN also announced the details of the DRP to be offered, including the plan to partially underwrite the DRP. Elections to participate in the DRP must be received by BEN by 5.00pm (Melbourne time) on Tuesday, 24 February 2026 and can be completed directly through the Share Registry's website. Shares will be issued under the DRP to participating BEN shareholders at a 1.5% discount to the average of the daily volume weighted average price of all shares sold in ordinary market transactions on the ASX over a 19-day trading period between Friday, 27 February 2026 and Wednesday, 25 March 2026. BEN has also entered into an agreement with UBS Securities Australia Limited to underwrite the DRP up to 70% of the amount of dividend. The final amount issued to the Underwriter is subject to the amount of the DRP taken up by BEN shareholders, and the Underwriter will be paid a fee of 10 basis points on the final underwritten amount. The announcement also outlines the significant events that could lead to the Underwriting Agreement being terminated.