NAB director Andrew Irvine's equity holdings adjusted

National Australia Bank Limited (NAB) announced changes in director Andrew Francis Irvine's security interests, effective November 17, 2025. Irvine saw a significant update to his holdings, with 25,092 Variable Rewards Rights (VRD) vesting and 651 VRD forfeited. These transactions resulted in a net acquisition of 25,092 Ordinary Shares, valued at A$1,085,730.84, and a forfeiture valued at A$28,168.77, based on the closing share price on November 10, 2025. His updated direct interest includes 24,815 VRD, 136,031 Long Term Equity Award (LTEA), and 157,492 Long Term Variable Rights (LTVR), while his indirect interest via Invia Custodian Pty Limited remains at 19,800 and 105,517 Ordinary Shares respectively.

Separately, NAB issued a total of 354,027 Ordinary Fully Paid shares on November 17, 2025, under an employee incentive scheme. These shares, with an issue price of AUD 43.27 per security, were issued for cash consideration and rank equally with existing shares. This issuance included 25,092 shares to Andrew Irvine, as a key management personnel, reflecting vested rights following the satisfaction of specific conditions.

Following these transactions, NAB's total quoted ordinary shares increased to 3,063,433,383. This issuance utilized the entity's 15% placement capacity under listing rule 7.1.