Announcement PDF 1 1H26 Results Investor presentation For the half year ended 31 December 2025 20 February 2026 1. Overview of 1H26 Agenda 2. Financial results 3. Summary 4. Appendix 1. Overview of 1H26 Brett Morgan Managing Director & CEO 1H26 Results Investor Presentation 4 Key highlights ● Underlying NPAT up 18.4% to $28.2m and Statutory NPAT up 39% to $27.3m on pp* ● Home loan book growth accelerated in Q2; equipment finance portfolio up 64% over the half; wealth contribution higher ● Operating costs well managed; Group cost to income ratio improved ● Transitioned to a single banking licence in December; delivering immediate revenue, capital optimisation and efficiency benefits ● Integration on track; $10.4m of annualised merger synergies achieved ● Well capitalised with interim dividend 12 cents per share (cps); +1 cps on Final FY25 dividend * Prior period (pp) includes earnings of Auswide Bank for the period from 19 February to 30 June 2025 5 +1.1% on pp $13.2b $10.2b +11.1% on pp 16.6 cps 12.0 cps -65 bps on pp 16.9% +1.0 cps on Final +0.5% on pp +18.4% on pp Statutory NPAT $27.3m Note: Financial performance figures compare 1H26 to 2H25 as the prior period (pp). Balance sheet and capital figures compare 30 June 2025 as pp.. 1. Group Net Promotor Score at 31 December 2025 1H26 summary $28.2m +65 Net Promoter Score1 | High, stable level of customer advocacy +65 Net Promoter Score1 | High, stable level of customer advocacy Underlying NPAT Underlying earnings per share Interim dividend Total capital Loan book Customer deposits 6 Integration progress 98 out of 215 integration program initiatives have been completed Update Key integration initiatives • Significant progress • Aligning our cultures and operating model • Complete • Single banking licence • Adopt MyState as the future bank brand • Retail bank branding • Implementation on track • New loan origination system • Final stages of vendor selection • Single core banking system • Significant progress • Over 30% of synergies from supply chain consolidation • Supply chain consolidation 7 1H26 Business priorities Driving value through disciplined execution 1H26 update Priority • Book growth +0.4% • Invested in broker distribution • Record application volumes in Q2 • Profitably grow the home loan book • Customer deposit ratio at 70% • Launched new digital savings proposition (Dec ‘25) • Strengthen deposit franchise • Book growth +64% • 6% contribution to Group NPAT • Scale the higher margin equipment finance book • Trustee Services FUM growth +11% • Strong momentum in compensation trusts • Invested in lending capability • Grow private trustee and funds businesses • Increased contribution from higher returning businesses • Disciplined focus on extracting integration synergies • Consider organic and inorganic opportunities 2. Financial results Gary Dickson CFO 1H26 Results Investor Presentation 9 Note: Financial performance figures compare 1H26 to 2H25 as the prior period (pp) and 1H26 to 1H25 as the previous corresponding period (pcp). Balance sheet and capital figures compare 30 June 2025 as pp. A number of figures, amounts, percentages, estimates, calculations of value and fractions in this presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this presentation and totals may vary slightly due to rounding. 1. Operating profit before bad & doubtful debt expense and income tax expense 2. Excludes merger related transaction and integration costs 3. Combined cost to income ratio for MyState Bank (including Auswide and Selfco) 4. Interim dividend of 12.0 cps payable to shareholders on the register at the record date of 26 February 2026 1H26 financial overview Financial 1H26 v 1H25 1H26 v 2H25 1H25 2H25 1H26 Metric ▲ 62.5% ▲ 14.1% 77.0 109.6 125.2 Total operating income ($m) ▲ 59.8% ▲ 13.5% 52.7 74.2 84.3 Total operating expenses ($m) ▲ 68.5% ▲ 15.4% 24.3 35.4 40.9 Core earnings ($m) 1 2 ▲ 61.2% ▲ 18.4% 17.5 23.8 28.2 Underlying net profit after tax ($m) 2 ▲ 71.4% ▲ 39.0% 15.9 19.6 27.3 Statutory net profit after tax ($m) ▲ 5.4% ▲ 11.1% 15.8 15.0 16.6 Underlying earnings per share (cps)2 ▲ 12.1% ▲ 30.4% 14.4 12.4 16.1 Statutory earnings per share (cps) ▲ +1 bps ▼ -3 bps 1.45 1.49 1.46 Net interest margin (%) (annualised) ▼ -40 bps ▼ -60 bps 67.2 67.4 66.8 Bank cost-to-income ratio (%)2 3 ▼ -120 bps ▼ -40 bps 68.5 67.7 67.3 Group cost-to-income ratio (%) 2 ▲ +1.5 cps ▲ +1.0 cps 10.5 11.0 12.0 Dividend–fully franked (cps)4 Balance sheet, capital and funding 31 Dec 25 v 30 Jun 25 30 Jun 25 31 Dec 25 Metric ▲ 0.5% 10.1 10.2 Customer deposits ($b) ▲ 0.4% 12.9 12.9 Home loan book ($b) ▲ 0.7% 15.3 15.4 Group Total assets ($b) ▲ 0.7% 14.5 14.6 Group Total liabilities ($b) ▲ 0.4% 7.3 7.7 Underlying ROE (%) 2 ▲ 0.2% 9.2 9.4 Underlying ROTE (%) 2 ▲ +7 bps 11.9 12.0 Capital – CET1 (%) ▼ -65 bps 17.5 16.9 Capital – Total (%) ▼ -120 bps 13.8 12.6 MLH ratio (%) Baa3 (MyState Limited), Baa2 (MyState Bank) Moody’s BBB+ (MyState Limited, MyState Bank) Fitch Strong earnings growth; key metrics trending positively 10 24.0 28.2 27.3 11.5 3.1 0.9 0.23 10.0 1.45 0.9 2H25 Underlying NPAT Net interest income Other banking income Wealth management income Operating expenditure Net bad and doubtful debts Income tax expense 1H26 Underlying NPAT Merger related costs & PPA 1H26 Statutory NPAT Decrease Increase ● Underlying NPAT up 18.4% on pp ● Statutory NPAT in 1H26 includes merger related integration costs ● Net interest income up 12% reflecting a larger average balance sheet ● Other banking income up 32% on higher lending, transaction fees and commission revenue ● Wealth management income up 13% on pp on higher trustee services income and loan establishment fees ● Total operating costs increased 13.5% primarily due to the larger merged Group cost base ● On a pro forma basis, Underlying NPAT was up 13% 2 Half year Underlying and Statutory NPAT Net profit after tax ($m) 1 1H26 profit driven by increased scale and the achievement of year 1 integration synergies 1. 2H25 includes Auswide Bank NPAT from 19 February to 30 June 2025 2. Pro forma basis includes Auswide Bank for the 6 month period ended 30 June 2025 (2H FY25 pro forma) +18.4% 1 11 Net interest margin ● Net interest margin up 1 bps on pcp, down 3 bps on pp ● Key themes for 1H26 o competition and customer behaviour o impact of higher capital relief securitisation o impact of cash rate reductions o impact of running two balance sheets (higher liquid assets) o equipment finance business positive to NIM ● Context for 2H26 o exit NIM higher than average NIM for 1H26 o competition and customer behaviour o growing contribution from equipment finance business o higher RBA cash rate profile supportive o liquidity and funding benefits of a single banking licence Increase to NIM Decrease to NIM Origination costs NIM waterfall 1 1. 2H25 includes Auswide Bank from 19 February to 30 June 2025. Origination cost represents upfront broker commission amortised over the average life of a loan. Offset account balances are netted within average interest earning assets Exit NIM higher than average NIM for the half 1.49% 1.46% 0.30% 0.26% 0.14% 0.30% 0.34% 0.06% 0.03% 2H25 Asset yield Asset mix Funding cost Funding mix Benefit of interest free liabilities & capital 1H26 1.45% 1.49% 1.46% 1H25 2H25 1H26 Average NIM trend 12 23.6 34.4 39.7 39.9 39.6 13.7 19.5 22.5 23.1 23.2 13.0 17.0 19.7 17.7 18.4 2.4 3.4 2.3 3.3 3.6 0.0 52.7 74.3 84.3 83.9 84.8 1H25 2H25 1H26 1H25 pro forma 2H25 pro forma Personnel costs Other Technology Marketing 74.3 84.3 1.1 5.3 2.8 3.0 2H25 Personnel Marketing Technology Other 1H26 ● The increase in expenses, including people and technology costs, primarily reflects the inclusion of Auswide Bank for the full period vs 4 ½ months in 2H25 ● Group cost to income improved by 40 basis points ● On a pro forma basis underlying expense growth was broadly offset by realised synergies; expenses declined 0.6% on 2H25 Operating costs Operating costs ($m) 1 Increase Decrease Operating costs breakdown ($m) 1 Underlying expenses well managed 1. Operating costs exclude merger related transaction and integration costs. 2H25 includes Auswide Bank from 19 February to 30 June 2025. 13 Synergies and integration costs FY28 Forecast FY27 Forecast FY26 Forecast* 1H26 Actual FY25 Actual $20-25m $14-18m $10-$11m $4.9m $1.8m Target cumulative synergies(1) $3-5m $10-12m $10-$12m $3.0m $2.1m Target integration costs $25-$29m $22-$26m $12-$14m $5.1m $2.1m Cumulative integration costs Synergy & integration costs profile * Previous guidance for FY26 as follows: – Synergies $9-10m – Integration costs $12-14m (1) Run rate at period end for FY26-28 ● Realised synergies of $4.9m (pre tax) in 1H26 equates to +2 cps of earnings ● Annual synergies of $20 to $25 million (pre tax) expected in FY28 (guidance unchanged) ● Integration costs of $3.0m (pre tax) in 1H26 equates to -1 cps of earnings ● Total integration cost estimate remains $29m (guidance unchanged) Achieved annualised synergies of $10.4 million since merger completion, ahead of plan 14 0.00% 0.40% 0.80% 1.20% MyState Group SPIN Majors SPIN Regionals ● Home loan portfolio $12.9b ● Continued focus on low-risk, owner occupied lending with a LVR <80% ● Acceleration in Q2 FY26 applications supporting future book growth ● Run-off rate remains elevated ● Continued to actively manage the volume margin trade-off ● Portfolio LVR (at origination) of 63.9% at 31 December 2025 ● 90+ day arrears 0.28%, below industry average Quality home loan book Home loan book – applications and settlements by half ($b) 90+ days S&P arrears data 0.28% 6.1 10.1 10.1 0.4 0.6 0.6 0.7 1.0 1.0 0.8 1.1 1.2 8.0 12.9 12.9 Dec 24 Jun-25 Dec 25 <80% LVR 80-85% LVR 85-90% LVR >90% LVR 79% 21% Home loan book LVR profile ($b) 77% 23% >90% 80% - 85% 85%-90% <80% 1.5 2.4 3.1 0.9 1.4 1.5 Dec-24 Jun-25 Dec-25 Applications Settlements Acceleration in Q2 FY26 applications supporting future book growth 15 ● Customer deposit ratio broadly stable at 70% ● Deposit gathering capability across digital, branch and partnerships ● New digital savings product launched in December to support customer and deposit growth ● Positive wholesale funding conditions; largest ever term securitisation completed in October 2025 ($750m) Diversified funding mix Customer deposits ($b) Funding mix (%) Strong deposit gathering capability 69.7% 70.8% 70.0% 8.6% 9.8% 10.2% 21.7% 19.4% 19.8% Dec-24 Jun-25 Dec-25 Customer deposits Wholesale funding Securitisation 2.9 5.4 5.1 3.2 4.7 5.1 6.1 10.1 10.2 Dec-24 Jun-25 Dec-25 Customer deposits at term Customer deposits at call 16 11.88% 11.95% 1.36% 0.19% 0.57% 0.02% 1.39% 4.27% 0.96% 0.39% 0.08% 3.52% Jun-25 Capital initiatives Securitisation activity Profit Dividends paid Secured mortgage lending Intangibles and other assets Dec-25 Decrease CET1 capital Increase AT1 capital Tier 2 capital Well capitalised for growth Capital ● MyState remains well capitalised, with strong organic capital generation ● Total capital ratio of 16.9% following scheduled Tier 2 redemptions in July ($25m) and September ($12m) ● Capital position provides flexibility to further invest in key initiatives including lending growth 16.86% 17.51% Transition to a single banking licence supports capital management efficiency 17 977 969 987 Dec-24 Jun-25 Dec-25 4.1 4.1 4.3 3.1 3.3 3.9 7.2 7.4 8.3 1H25 2H25 1H26 Investment services Trustee services TPT Wealth providing income diversification Operating income ($m) 1 ● TPT operating income increased 12% on pp to $8.3m benefitting from improved business performance across trustee services, lending and funds ● Trustee Services FUM rose 11% to $531m primarily due to growth in compensation trusts ● Managed Funds FUM rose +2% primarily due to growth in Income funds ● NPAT contribution of $1.5m in the half, up 27% TPT Managed Funds FUM ($m) +2% Note: 1. Excludes interest income on cash balances TPT Trustee Services FUM ($m) Growth in key business lines 457 476 531 Dec-24 Jun-25 Dec-25 18 $79.9 $110.8 $158.5 $260.7 $0.0 $50.0 $100.0 $150.0 $200.0 $250.0 $300.0 Aug 24 Auswide acquires Selfco 19-Feb-25 MYS merger 30-Jun-25 31-Dec-25 Selfco providing lending diversification About Selfco ● Finances business critical assets used to generate cash flow ● Operating in a $40 billion equipment finance market ● Nationally distributed through broker network ● Higher margin business Business performance ● Book growth of 135% since merger ● Revenue and cost profile improving as book grows ● NPAT contribution of $1.8m in the half ● Low arrears (90+ days 0.03%) Selfco loan book ($m) Monthly Selfco revenue and operating costs ($m) 0.7 1.0 1.4 0.3 0.4 0.5 28-Feb-25 30-June-25 31-Dec-25 Selfco revenue per month Selfco costs per month Book growth of 135% since merger 19 Interim dividend of 12.0 cps, fully franked 1H26 Underlying 1H26 Statutory FY26 Interim dividend 72.2% 74.6% 12.0 cps 2H pro forma Underlying 2H25 Underlying 2H25 Statutory FY25 Final dividend 74.4% 78.1% 94.8% 11.0 cps ● Dividend Policy targets a payout ratio of 60 – 80% of NPAT ● Interim dividend up 1 cps on FY25 Final dividend ● Dividend payout ratio trending towards the mid-point of the target range ● Key factors the Board considered in determining the FY26 interim dividend of 12.0 cps were: o Increase in earnings per share o MyState’s current capital position o MyState’s growth outlook ● DRP to be activated at a discount of 1.5% Dividend payout ratio based on profit type Dividend up 1 cps on FY25 Final dividend and 1.5 cps on 1H25 Interim dividend 3. Summary Brett Morgan Managing Director & CEO 1H26 Results Investor Presentation 21 Integration priorities • Single loan origination system • Single core banking system • Single retail bank brand • Supply chain consolidation • Optimise operating model • Deliver target synergies Business priorities • Profitably grow the home loan book • Grow customer deposits directly and via partnerships • Scale the equipment finance book • Grow funds and private trustee services businesses • Ongoing consideration of inorganic opportunities that deliver shareholder value Looking ahead Continuing to drive value through disciplined execution 22 22 Well capitalised providing capacity for growth Projected double digit EPS growth based on full merger run rate synergies1 Consistent track record of profitability. Current dividend yield of 5.2% 2, fully franked Proven Board and management teams MyState’s investment case 1. The merger with Auswide Bank is expected to deliver pre-tax cost synergies of between $20m to $25m per annum by the end of FY28 2. Based on 1H26 interim dividend (annualised) / MyState closing share price ($4.65) as at 18 February 2026 4. Appendix Additional 1H26 information 1H26 Results Investor Presentation 24 MyState Limited (MYS) is a diversified financial services group which listed in September 2009 following the merger of MyState Financial, an authorised deposit-taking institution, and TPT Wealth, a trustee and wealth management company, MYS is an ASX 300 company, led by an experienced Board and Management team. It has a strong and flexible balance sheet and is currently trading on a fully franked dividend yield of ~5.0%. In February 2025, MYS merged with Auswide Bank and is a leading provider of banking, trustee, equipment finance and wealth management services. MYS services its customers through MyState Bank, Auswide Bank, Selfco and TPT Wealth. Lending | Deposits | Transactions Banking Funds management | Trustee services Wealth MyState is a diversified financial services group Lending | Deposits | Transactions Banking Lending Equipment Financing 1. Market capitalisation as at 18 February 2026 based on closing MyState share price ($4.65) • Market capitalisation of c. $789m1 • Shareholder base of approximately 62,000 Size and ownership Baa3 (MyState Limited), Baa2 (MyState Bank & Auswide Bank) BBB+ (MyState Limited, MyState Bank & Auswide Bank) • Moody’s • Fitch Credit ratings 25 1H26 Underlying to Statutory profit reconciliation MyState Group Corp. & Consol. TPT Wealth Banking group (incl. Selfco) 28.2 - 1.5 26.7 Underlying NPAT ($m) 1 (2.1) (0.3) - (1.8) Integration costs ($m) 2 1.2 - - 1.2 Purchase Price Allocation ($m) 2 27.3 (0.3) 1.5 26.1 Statutory NPAT ($m) Estimated Purchase Price Allocation profile ($m) 2 2.4 - FY26 0.4 - FY27 0.4 - FY28 0.4 - FY29 (0.2) - FY30 (1.3) - FY31 to FY35 Impact on NPAT Impact on net assets At 28 February 2025, the key fair value adjustments made in accordance with Australian accounting standards were: Write-back over 5 years (12.4) - Write-off of deferred mortgage broker commissions ($m) Amortise over 10 years 18.5 - Recognition of a Core deposit intangible asset ($m) Write-back over 1 year (4.6) - Recognition of the Fair value of deposits ($m) Note: 1. Excludes impact of merger related integration costs. 2. Post tax at a rate of 30% where applicable 26 Pro forma Underlying NPAT for FY25 MyState Group Corp. & Consol. TPT Wealth Auswide Bank (pro forma) 2 MyState Bank 239.5 0.1 14.8 85.1 139.5 Total operating income ($m) 168.7 0.1 11.3 64.0 93.3 Total operating expenses ($m) 70.8 - 3.5 21.1 46.2 Core earnings ($m) 1 47.8 - 2.5 12.6 32.7 Underlying NPAT ($m) 1 1.48% n/a n/a 1.53% 1.45% Net interest margin (%) 70.4% n/a 76.3% 75.2% 66.9% Cost to income ratio (%) 1 17.5% n/a n/a 17.3% 18.3% Total capital ratio (%) Core earnings ($m) 1 11.2 - Pre merger (c. 8-months) 9.9 - Post merger (c. 4-months) Underlying NPAT ($m) 1 6.5 - Pre merger (c. 8-months) 6.1 - Post merger (c. 4-months) Note: 1. Excludes impact of merger related transaction and integration costs. 2. Includes a 12-month contribution to NPAT on a pro forma basis The FY25 pro forma results for the merged entity includes 12 months of earnings from Auswide Bank ● Pro forma operating income and expenses in FY25 form a baseline for the merged Group. Amounts have been restated from those disclosed in the FY25 Investor Presentation to align Auswide Bank results with the classification methodology adopted by MyState for broker commission expense and some payment system costs. The reclassification reduces both operating income and operating expenses for Auswide Bank by $14.0m. 27 ● Growth driven by lower risk owner occupied P&I lending with LVR <80% ● Variable rate lending as a proportion of total flow remained above 90% ● Elevated run-off remains a sector wide challenge Group home loan book Group home loan book composition ($b) 1 1. Increase in June 2025 reflects the inclusion of Auswide Bank following the merger on 19 February 2025 Home loan concentration by state NSW 17.5% | 17.4% NT 0.3% | 0.3% SA 1.7% | 2.0% WA 4.5% | 4.8% QLD 33.2% | 31.9% TAS 20.1% | 20.2% ACT 1.5% | 1.4% June 2025 Dec 2025 VIC 21.2% | 22.0% Concentration Low High 6.3 10.0 10.2 1.2 2.0 1.9 0.1 0.1 0.1 0.4 0.8 0.7 8.0 12.9 12.9 Dec-24 Jun-25 Dec-25 Own. Occ. P&I Inv. P&I Own. Occ. I/O Inv. I/O 28 9.2 9.6 4.8 4.8 2.5 2.6 16.5 Jun 25 Dec 25 Collective Provision GRCL Total Forward overlay ● Credit quality continues to improve with the Group’s 90+ days home loan arrears at 0.28%, well below sector averages and down from 0.44% as at 30 June 2025 ● An increase of $0.5m in the collective provision primarily reflects the growth of the Selfco portfolio, with an overall impairment expense of $1.0m recognised in 1HY26 (1HY25: impairment recovery of $0.8m). ● Forward looking overlay sits at $2.6m at Group level (represents 21% of total collective provisioning) ● Continue to work closely with any customers experiencing financial hardship Prudent loan provisioning Collective credit provisions ($m) 8.1 7.5 1.3 1.5 2.3 3.2 11.7 12.2 Jun-25 Dec-25 Stage 1 Stage 2 Stage 3 17.0 Total collective provisions and GRCL ($m) 0.32% 0.35% 0.12% 0.12% Jun 25 Dec 25 Total provision coverage ratio % of Credit RWA % of Gross Loans 29 June 27 June 26 Assumptions Unemployment (year ended) 4.40% 4.30% Base Case 3.80% 4.00% Strong Recovery 5.50% 5.00% Moderate Recession Cash Rate (year ended) 3.60% 3.85% Base Case 3.85% 4.10% Strong Recovery 3.35% 3.60% Moderate Recession House Prices (yoy movement) 5.0% 5.0% Base Case 10.0% 10.0% Strong Recovery -5.0% -10.0% Moderate Recession Forward looking economic overlay assumptions ● Forward looking overlay of $2.6m ● At 31 December 2025, the key assumptions used to determine the overlay incorporate the latest observed economic data including: ✔ relatively stable employment markets ✔ inflation exceeding the RBA’s target range with the prospect of increases in the OCR in the short to medium term ✔ stable housing market ● The assessment of the overlay used a scenario weighting of 50% base case, 40% moderate recession and 10% strong recovery. Scenario weightings 10% 50% 40% Dec 2025 Strong recovery Base case Moderate recession June 2025 10% 50% 40% 30 Capital, stock and flow metrics Dec-24 2 Jun-25 2 Dec-25 1 Stock metrics 83% 84% 81% Broker 17% 16% 19% Proprietary 80% 81% 80% Owner occupied 20% 19% 20% Investor 95% 95% 94% Principal & Interest 5% 5% 6% Interest only 95% 97% 96% Variable 5% 3% 4% Fixed 15% 14% 13% LMI Dec-24 2 6 months Jun-25 2 12 months Dec-25 1 6 months Flow metrics 89% 90% 89% Broker 11% 10% 11% Proprietary 80% 81% 81% Owner occupied 20% 19% 19% Investor 90% 91% 87% Principal & Interest 10% 9% 13% Interest only 97% 98% 98% Variable 3% 2% 2% Fixed 12% 11% 13% LMI By state (% of flow): 19% 18% 18% NSW 19% 21% 27% QLD 26% 25% 18% TAS 28% 27% 25% VIC 8% 9% 12% Other states Movement 30-Jun-25 31-Dec-25 0.07% 11.88% 11.95% CET1 capital ratio 0.10% 13.24% 13.34% Tier 1 capital ratio -0.65% 17.51% 16.86% Total capital ratio % Movement (Jun - Dec 25) 30-Jun-25 31-Dec-25 $ m $m $m Qualifying capital Common equity tier 1 capital (CET1) 0.5% 2.33 494.99 497.32 Ordinary share capital 0.4% 0.94 267.95 268.89 Retained earnings (120%) 0.43 (0.36) 0.07 Accumulated other comprehensive income (and other reserves) 0.5% 3.70 762.58 766.28 Total common equity Tier 1 capital Less: Regulatory capital adjustments 15% 11.70 80.05 91.75 Goodwill (incl. core deposit intangible) (20%) (1.54) 7.68 6,14 Deferred tax assets 205% 1.01 0.49 1.50 Cash flow hedge reserve (1%) (0.90) 64.22 63.32 Capitalised expenses (1%) (0.23) 38.91 38.68 Investments in controlled entities (26%) (2.77) 10.52 7.25 Other adjustments 4% 7.26 201.87 209.13 Total regulatory adjustments (1%) (3.56) 560.71 557.15 Net common equity tier 1 capital 0% 0.14 64.37 64.51 Additional tier 1 capital (1%) (3.42) 625.08 621.66 Total Tier 1 capital Tier 2 capital (19%) (37.35) 196.81 159.46 Subordinated notes (ii) (0%) (0.00) 4.76 4.76 Equity reserve for credit losses (19%) (37.35) 201.57 164.22 Total Tier2 capital (5%) (40.78) 826.65 785.87 Total capital (1%) (55.16) 4,296.08 4,240.92 Credit risk weighted assets (1%) (5.84) 425.56 419.72 Operating risk (1%) (61.00) 4,721.64 4,660.64 Total risk weighted assets 1. Comprises MSB and AWB as a single ADI 2. Comprises MSB only 31 1H: First half of financial year 2H: Second half of financial year ADI: Authorised deposit-taking institution APRA: Australian Prudential Regulation Authority Avg: Average ASX: Australian Securities Exchange AWB: Auswide Bank BBSW: Bank Bill Swap Rate BDD: Bad & Doubtful Debt Expense bps: Basis points CAGR: Compounded annual growth rate CET1: Common Equity Tier 1 cps: Cents per share CTI: Cost-to-income ratio DRP: Dividend reinvestment plan EPS: Earnings per share Glossary FHLDS: First home loan deposit scheme FUM: Funds under management FY: Financial year FYTD: Financial year to date GLA: Gross Lending Assets GRCL: General Reserve for Credit Losses HY: Half year IO: Interest only IRB: Internal ratings-based JAWS: Relationship between income and expense growth LT: Long term LVR: Loan to valuation ratio MYS: MyState Limited MSB: MyState Bank Limited MLH: Minimum liquidity holdings NII: Net Interest Income NIM: Net interest margin NPAT: Net profit after tax NPBT: Net profit before tax OCR Official Cash Rate (RBA) PCP: Previous corresponding period PPA: Purchase Price Allocation RBA: Reserve Bank of Australia RMBS: Residential mortgage-backed security ROE: Return on equity ROTE: Return on tangible equity RWA: Risk Weighted Assets SaaS: Software as a Service S&P: Standard and Poor’s SPIN: Standard and Poor’s Performance Index Stage 1: Performing loans (31-60 days arrears) Stage 2: Under-performing loans (61-89 days arrears) Stage 3: Non-performing loans (90+ days arrears) ST: Short term TD: Term deposit TFF: Term Funding Facility TPT: TPT Wealth Limited 32 Summary information The material in this Presentation is general background information about MyState Limited (ABN 26 133 623 962) and its activities current as at the date of this Presentation. The information is given in summary form and does not purport to be complete or comprehensive. It should be read in conjunction with MyState’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au. Not an offer Nothing in this Presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell MyState securities. It is for information purposes only. Not financial product advice This Presentation is for general information purposes only. It is not financial product advice and should not be relied upon for investment purposes. It has been prepared without taking into account any investor’s objectives, financial position, situation or needs. It does not purport to summarise all information that an investor should consider when making an investment decision. Therefore, before making an investment decision, investors should consider the appropriateness of the information in this Presentation and have regard to their own objectives, financial situation and needs. Investors should seek such financial, legal or tax advice as they deem necessary or consider appropriate. MyState is not licensed to provide financial product advice in relation to the offer of shares. Financial information All information in this Presentation is in Australian dollars ($) unless stated otherwise. A number of figures, amounts, percentages, estimates, calculations of value and fractions in this presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this Presentation and totals may vary slightly due to rounding. All references to financial years (FY) appearing in this Presentation are to the financial years ended on 30 June of the indicated year. All figures are presented on an accruals basis unless otherwise stated. Past performance not indicative of future performance Past performance information, including past share price information, should not be relied upon as (and is not) an indication of future performance. To the extent that such information is included in this Presentation, it is given for illustrative purposes only. Forward looking statements This Presentation may contain “forward-looking” statements including statements regarding MyState’s intent, belief or current expectations with respect to their business operations, market conditions, results of operations, financial conditions, and risk management practices. Forward-looking statements can generally be identified by the use of forward-looking words such as “anticipated”, “expected”, “aim”, “predict”, “projections”, “guidance”, “forecast”, “estimates”, “could”, “may”, “target”, “consider”, “will”, “believe”, “schedule”, “seek” and other similar expressions. Indications of, and guidance on, future earnings, financial performance, and financial position are also forward-looking statements . Forward looking statements, opinions and estimates are based on assumptions, information and contingencies at the time of this Presentation and are subject to certain risks uncertainties and change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward-looking statements including projections, indications or guidance on future earnings or financial position and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, there can be no assurance that actual outcomes will not differ materially from these statements. To the fullest extent permitted by law, MyState and its directors, officers, employees, advisers, agents and intermediaries take no responsibility for the accuracy or completeness of any forward-looking statements, whether as a result of new information, future events or results or otherwise. MyState does not undertake to release any updates or revisions to the forward-looking information contained in this document. Disclaimer 33