NAB Capital Notes were convertible notes directly issued by NAB on 23 March 2015 and listed on the ASX under the code NABPC. The issue price for NAB Capital Notes was $100 per NAB Capital Note. They were not guaranteed or secured and were not a deposit account or any other account with NAB.

On 23 March 2020, all NAB Capital Notes on issue were mandatorily purchased for $100 per NAB Capital Note and a final distribution was paid by NAB consisting of a cash payment of $0.7718 per NAB Capital Note.

For more information on NAB Capital Notes refer to:

Frequently asked questions

Important information

1 NAB's Tax Rate means the Australian corporate tax rate applicable to the franking account of NAB on the relevant Distribution Payment Date (currently 30%).

NAB Capital Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), or the securities laws of any state or other jurisdiction of the United States. They may not be offered, sold or resold in the United States or to, or for the account or benefit of, any 'U.S. Person' (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from the registration requirements.

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