Australia and New Zealand Banking : ANZ 2020 Corporate Governance Statement

9 November 2020

Market Announcements Office

ASX Limited

Level 4

20 Bridge Street

SYDNEY NSW 2000

ANZ 2020 Corporate Governance Statement

Australia and New Zealand Banking Group Limited (ANZ) today released its 2020 Corporate Governance Statement.

It has been approved for distribution by ANZ's Board of Directors.

Yours faithfully

Simon Pordage

Company Secretary

Australia and New Zealand Banking Group Limited

Australia and New Zealand Banking Group Limited ABN 11 005 357 522

ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008

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C O R PO R AT E

G OVE R NANC E STAT E M E N T

Contents

1.	Approach to governance	1
2.	Board areas of focus in FY20	4
3.	The Board	6
4.	Performance evaluations	11
5.	Other information	12
6.	Role of company secretaries	13
7.	Board Committees	13
8.	Audit and financial governance	17
9.	Ethical and responsible decision-making	18
10.	Commitment to shareholders	19
11.	Continuous disclosure	20
12.	Economic, environmental
	and social sustainability risks	20
13.	Diversity and inclusion	21

1. Approach to governance

ANZ's Board, with the support of the Board Committees, is responsible for oversight of ANZ's governance framework. The framework seeks to provide effective and responsible decision making, assisting ANZ in delivering on its strategy and purpose.

This Statement outlines key areas of the framework, which includes:

An experienced and independent Board, supported by a Board Committee structure which is regularly reviewed to seek to ensure it continues to operate effectively and add value;

Clear delineation of the respective roles of Board and management;

Timely and balanced disclosure, including the corporate governance page of anz.com (anz.com/corporategovernance); and

A comprehensive risk management framework which is regularly reviewed.

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2020 Corporate

Governance Statement

Board of Directors

PAUL O'SULLIVAN

SHAYNE ELLIOTT

ILANA ATLAS, AO

PAULA DWYER

Chairman, Independent Non-Executive Director		Chief Executive Officer, Executive Director		Independent Non-Executive Director		Independent Non-Executive Director
JANE HALTON, AO PSM			RT HON SIR JOHN KEY, GNZM AC			GRAEME LIEBELT		JOHN MACFARLANE

Independent Non-Executive Director		Independent Non-Executive Director		Independent Non-Executive Director		Independent Non-Executive Director

Full biography details can be found on our website at anz.com/directors

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