Organisational Structure

Our five key businesses are:

• Australia - NAB and MLC brands;
• United Kingdom - Clydesdale Bank and Yorkshire Bank brands;
• New Zealand - Bank of New Zealand brand;
• Americas - Great Western Bank brand; and
• nabCapital - formerly Institutional  Markets & Services, which operates internationally

Our structure
We are building a portfolio of businesses and strong brands operating under a regional business model that is supported by a streamlined corporate centre.

The Corporate Centre supports the regional businesses to set performance targets and policies and to identify business development opportunities and foster innovation.

The Corporate Centre is also responsible for shareholder and Group-related prudential opportunities and obligations, including external reporting.

We continue to consider a range of options to optimise our domestic and international operations, including a non-operating holding company. We are participating in industry-wide consultation with regulators.

Consideration of various structural options involves a range of complex issues, and any subsequent decision on a particular path is expected to take some time to complete.

Strategy
The Group's corporate purpose is to generate sustainable satisfactory returns to shareholders. There has been, and continues to be a focus on:

• Re-invigorating our franchise and brand
• Improving our core infrastructure
• Accelerating cultural change around our Corporate Principles
• Enhancing our disciplined approach to performance improvement
• Improving regulatory and key stakeholder engagement
• Strengthening risk and capital management
• Leveraging our distinctive capabilities to create new and differentiated growth opportunities.