WORLDLINE AUSTRALIA PTY LTD

ANZ Banking Group - Worldline Australia

Australia and New Zealand Banking Group Limited, through its wholly owned subsidiary, ANZ NBH Pty Ltd (ANZ NBH) (together, ANZ) proposes to acquire Worldline SA (WL)’s interest in Worldline Australia Pty Ltd, trading as ANZ Worldline Payment Solutions (ANZWL), under a share sale and purchase agreement. ANZWL is currently a joint venture between ANZ and WL (the Parties), with ANZ holding 49% and WL holding 51%. Following the acquisition, ANZ will wholly own ANZWL. ANZ is an ASX-listed financial services group. ANZ provides a range of banking products and services to retail and business customers in Australia and New Zealand, and to institutional customers globally. ANZ NBH is a non-operating intermediate holding company. WL is a global merchant acquiring business, headquartered in France, and Europe’s largest merchant acquiring services provider. WL provides payment acceptance services and products to business customers internationally, including mobile authentication, digital banking, mobile payments and wallets, omni-commerce services, and account-to-account payments. ANZWL was established in April 2022 when ANZ divested its merchant acquiring services business and referred business customers who required merchant acquiring services to ANZWL. The joint venture was intended to deliver enhanced payment solutions to ANZ’s merchant customers, while allowing ANZ to retain a significant ownership interest and an ongoing commercial relationship with the business. The Parties overlap in the supply of payment solutions, including merchant acquiring, acceptance and value-added services, to business customers in Australia.