AMP announces partially franked distribution for Capital Notes 2

AMP Limited has announced an ordinary dividend distribution for its AMPPB Capital Notes 2, amounting to AUD 1.85080000 per security. The distribution relates to a one-quarter period ending December 15, 2025. Key dates for this distribution include an ex date of December 5, 2025, a record date of December 8, 2025, and a payment date of December 16, 2025.

The distribution will be 20.0000% franked, resulting in a franked amount of AUD 0.37020000 per security and an unfranked amount of AUD 1.48060000 per security. The applicable corporate tax rate for franking credit is 30.0000%. The total dividend/distribution rate for the period is 7.4237% per annum, calculated over 91 days.

The distribution rate was set on September 16, 2025, based on the 3-month bank bill swap rate of 3.5600% plus a margin of 4.5000%, as per the terms of the AMP Capital Notes 2. This calculation also incorporates a franking adjustment factor of 0.921053. Distributions are at the absolute discretion of AMP and subject to no payment conditions existing on the distribution date.