April 7, 2017 Suncorp-Metway Limited Recent Developments The information set forth below is not complete and should be read in conjunction with the information contained on the “US Rule 144A Programme Investors” page of the U.S. investor website of Suncorp-Metway Limited at http://www.suncorpbank.com.au/usinvestors (the “U.S. Investor Website”). This “Recent Developments” release supplements and, to the extent inconsistent with any information previously included on the U.S. Investor Website, amends and supersedes such information. Suncorp announces appointment of non-executive director On April 7, 2017, the Board of Directors of Suncorp Group announced the appointment of Mr. Simon Machell as a non-executive director, commencing April 7, 2017. Mr. Machell fills the vacancy created by the retirement of Mr. Geoff Ricketts in September 2016. Mr. Machell has close to 30 years’ experience in general and life insurance businesses across the UK, Europe and Asia, including senior executive roles at Aviva and Norwich Union and, for a time, oversight of their Australian businesses. MELBOURNE:114345.2
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