Second-Party Opinion on Green Finance Framework (August 2024

As part of the Second-Party Opinion, Sustainalytics assessed the following: • The Framework’s alignment with the Green Bond Principles 2021, as administered by ICMA, and the Green Loan Principles 2023, as administered by LMA, APLMA and LSTA; • The credibility and anticipated positive impacts of the use of proceeds; and • The alignment of the issuer’s sustainability strategy and performance and sus. [...] Sustainalytics’ Opinion Section 1: Sustainalytics’ Opinion on Macquarie Green Finance Framework Sustainalytics is of the opinion that the Macquarie Green Finance Framework is credible, impactful and aligned with the four core components of the GBP and GLP.8 Sustainalytics highlights the following elements of the Framework: • Use of Proceeds: - The eligible categories – Renewable Energy, Energy Eff. [...] - Based on the commitment to fully allocate the proceeds to eligible green projects, use of an internal tracking system, the disclosure of the temporary use of proceeds and intent to buying back their green bonds in case of a permanent eligible projects shortfall, Sustainalytics considers this process to be in line with market practice. [...] Alignment with the Green Bond Principles 2021 and Green Loan Principles 2023 Sustainalytics has determined that the Macquarie Green Finance Framework aligns with the four core components of the GBP and GLP.30 Section 2: Sustainability Strategy of Macquarie Contribution to Macquarie’s sustainability strategy Sustainalytics is of the opinion that Macquarie demonstrates a commitment to sustainability. [...] Sustainalytics considers that the Framework is aligned with the overall sustainability strategy of Macquarie and that the use of proceeds will contribute to the advancement of the UN Sustainable Development Goals 7, 9, 11 and 12.