Financial Sector (Shareholdings) approval to hold a stake No. 17 of 2026 – Zurich Financial Services Australia Limited ABN 11 008 423 372

Financial Sector (Shareholdings) Act 1998

To: The Applicants listed in Schedule 1 (the Applicants). Since:

1.             On 15 May 2026, the Applicants applied to the Treasurer under section 13 of the Act for approval to hold a 100% stake in the companies named in Schedule 2 (the Companies), each a financial sector company under the Act;

1.             I am satisfied it is in the national interest for the Applicants to hold a 100% stake in the Companies,

I, Nancy Ma, a delegate of the Treasurer, under subsection 14(1)(a) of the Act, approve the Applicants to hold a 100% stake in the Companies.

This approval commences on the day it is made and remains in force indefinitely. Date: 22 July 2026

Nancy Ma General Manager

Life and Private and Health Insurance Australian Prudential Regulation Authority

Interpretation

Act means the Financial Sector (Shareholdings) Act 1998.

financial sector company has the meaning given in section 3 of the Act.

stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.

Notes

Note 1 Under section 14 of the Act, the Treasurer must give written notice of the approval to the applicant and financial sector company concerned and this instrument will be registered on the Federal Register of Legislation as a notifiable instrument.

Note 2 Section 19 of the Act provides for flow-on approvals. If an approval has been granted for the holding of a stake in a financial sector company and the financial sector company is a holding company for an authorised deposit-taking institution or an authorised insurance company, then an approval is taken to exist for the holding of a stake of equal value in each financial sector company that is a 100% subsidiary of the holding company.

Schedule 1 – the Applicants

1.         Zurich Financial Services Australia Limited ABN 11 008 423 372;
2.         Zurich Insurance Company Ltd; and
3.         Zurich Insurance Group Ltd.

Schedule 2 – the Companies

1.         ClearView Wealth Limited ABN 83 106 248 248;

1.         ClearView Life Assurance Limited ABN 12 000 021 581; and

1.         Clearview Group Holdings Pty Limited ABN 88 695 804 838.