Bendigo and Adelaide Bank announces capital note distributions

Bendigo and Adelaide Bank Limited has announced ordinary distributions for its BENPH and BENPI capital notes, both with a payment date of December 15, 2025. The BENPH series will distribute AUD 1.28800000 per security, while the BENPI series will pay AUD 1.18330000 per security. Both distributions are fully franked at 100% with an applicable corporate tax rate for franking credit of 30%.

The ex-date for both series is December 2, 2025, with a record date of December 3, 2025. The distributions relate to a one-quarter period ending December 14, 2025, and were announced on September 16, 2025. The BENPH distribution rate for the period is 5.1661%, calculated over 91 days from a base rate of 3.5802% and a margin of 3.8000%.

For the BENPI series, the total distribution rate for the period is 4.7461% over 91 days, based on a base rate of 3.5802% and a margin of 3.2000%. Both distribution rates were set on September 15, 2025, according to the respective Capital Notes Terms outlined in their prospectuses.