Commonwealth Bank of Australia Date: 13 January 2021 CBA Covered Bond Trust - Investor Report

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CBA Covered Bond Trust - Investor Report

Commonwealth Bank of Australia

Date: 13 January 2021

Monthly Covered Bond Report Date 31-December-2020

Determination Date 01-January-2021

Distribution Date 20-January-2021

Covered Bond Guarantor Perpetual Corporate Trust Limited

Security Trustee P.T Limited

Bond Trustee Deutsche Trustee Company Limited

Swap Provider Commonwealth Bank of Australia

Servicer Commonwealth Bank of Australia

Trust Manager Securitisation Advisory Services P/L

Cover Pool Monitor PricewaterhouseCoopers

Ratings Overview

Fitch Moody's

P-1 F1

CBA Short Term Senior Unsecured Rating

Aa3 (Stable) A+ (Negative)

CBA Long Term Senior Unsecured Rating

Aaa AAA

Covered Bond Rating

Compliance Tests

Asset Coverage Test Pass

Issuer Event of Default No

Covered Bond Guarantor Event of Default No

Interest Rate Shortfall Test Pass

Pre-Maturity Test Fail

Asset Coverage Test as at 01-January-2021

Calculation of Adjusted Aggregate Receivable Amount The Lower of:

A

(i) LVR Adjusted Mortgage Loan Balance Amount, and $30,571,967,883

(ii) Asset Percentage Adjusted Mortgage Loan Balance Amount $27,996,805,356

$27,996,805,356 Aggregate Amount of any Proceeds of any Term Advances and/or any Demand Loan

B

Advances which have not been applied as at the Determination Date. $0

Aggregate Principal Balance of any Substitution Assets and Authorised Investments C

as at the relevant Determination Date $3,698,226,961

Aggregate Amount of Principal Collections collected by the Servicer during the Collection Period D

excluding any amounts applied in accordance with the Priority of Payments. $291,957,229

The sum Sale Proceeds credited to the GIC Account, Remaining Available Principal held in the E

GIC Account and any amount transferred from the OC Account to the GIC Account $0

Negative Carry Factor $0

Z

Adjusted Aggregate Mortgage Loan Amount

(A+B+C+D+E) - Z $31,986,989,547

Results of Asset Coverage Test

Adjusted Aggregate Mortgage Loan Amount $31,986,989,547

AUD Equivalent of the Aggregate Principal Amount Outstanding of the Covered Bonds $28,403,593,694

Asset Coverage Test is Satisfied Yes

Asset Percentage 91.50%

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Summary as at 01-January-2021

Bonds Issue Date AUD Equiv. of Exchange Rate Coupon Frequency Coupon Rate

Principal Balance Principal Balance

Series 2 27-January-2012 NOK 3,375,000,000.00 $547,208,753.16 6.1677 Yearly 5.000000%

Series 5 01-February-2012 EUR 109,000,000.00 $133,812,333.46 0.8146 Yearly 3.815000%

Series 12 01-March-2012 EUR 50,000,000.00 $62,055,873.25 0.8057 Yearly 3.700000%

Series 14 02-May-2012 CHF 100,000,000.00 $105,977,895.14 0.9436 Yearly 1.625000%

Series 15 03-May-2012 EUR 1,500,000,000.00 $1,897,314,529.00 0.7906 Yearly 3.000000%

Series 16 09-May-2012 NOK 750,000,000.00 $126,407,165.00 5.9332 Yearly 4.550000%

Series 17 21-May-2012 EUR 90,000,000.00 $116,459,016.00 0.7728 Yearly 3.035000%

Series 18 07-August-2012 EUR 100,000,000.00 $118,312,476.00 0.8452 Yearly 2.630000%

Series 19 04-September-2012 GBP 750,000,000.00 $1,142,980,437.00 0.6562 Yearly 3.000000%

Series 20 13-September-2012 EUR 150,000,000.00 $183,104,756.35 0.8192 Yearly 2.270000%

Series 21 24-September-2012 EUR 111,000,000.00 $137,442,380.00 0.8076 Yearly 2.602500%

Series 23 09-November-2012 EUR 113,000,000.00 $142,140,087.00 0.7950 Yearly 2.305000%

Series 29 21-January-2014 NZD 314,000,000.00 $291,957,229.00 1.0755 SemiAnnual 5.802000%

Series 31 21-January-2014 EUR 45,000,000.00 $68,026,155.38 0.6615 Yearly 2.215000%

Series 33 15-April-2014 EUR 40,000,000.00 $59,828,614.81 0.6686 Quarterly EURIBOR 3 MONTHS + 0.310000%

Series 35 27-May-2014 AUD 125,000,000.00 $125,000,000.00 1.0000 SemiAnnual 4.750000%

Series 37 10-July-2014 AUD 109,000,000.00 $109,000,000.00 1.0000 SemiAnnual 4.500000%

Series 38 09-September-2014 AUD 50,000,000.00 $50,000,000.00 1.0000 SemiAnnual 4.275000%

Series 39 04-November-2014 EUR 1,000,000,000.00 $1,455,053,616.00 0.6873 Yearly 0.750000%

Series 40 02-December-2014 EUR 25,000,000.00 $35,840,529.65 0.6975 Yearly 1.210000%

Series 50 09-February-2016 EUR 750,000,000.00 $1,163,062,500.00 0.6448 Yearly 0.375000%

Series 52 21-April-2016 EUR 100,000,000.00 $149,127,604.17 0.6706 Yearly 1.393000%

Series 54 18-July-2016 EUR 125,000,000.00 $185,193,750.00 0.6750 Yearly 0.807000%

Series 56 27-July-2016 EUR 1,250,000,000.00 $1,838,250,000.00 0.6800 Yearly 0.500000%

Series 57 23-September-2016 GBP 37,000,000.00 $64,367,281.90 0.5748 Quarterly GBP LIBOR 3 MONTHS + 0.370000%

Series 58 17-November-2016 AUD 700,000,000.00 $700,000,000.00 1.0000 SemiAnnual 2.750000%

Series 59 17-November-2016 AUD 1,400,000,000.00 $1,400,000,000.00 1.0000 Quarterly BBSW - 3 MONTHS + 0.850000%

Series 60 17-November-2016 AUD 200,000,000.00 $200,000,000.00 1.0000 SemiAnnual 3.250000%

Series 61 18-January-2017 GBP 350,000,000.00 $592,095,000.00 0.5911 Yearly 1.125000%

Series 62 11-April-2017 EUR 750,000,000.00 $1,051,800,000.00 0.7131 Yearly 0.375000%

Series 68 24-April-2018 HKD 6,100,000,000.00 $1,002,745,220.52 6.0833 Quarterly HIBOR 3 MONTHS + 0.116500%

Series 69 24-April-2018 EUR 1,000,000,000.00 $1,593,300,000.00 0.6276 Yearly 0.375000%

Series 70 20-July-2018 USD 1,250,000,000.00 $1,676,727,028.84 0.7455 SemiAnnual 3.250000%

Series 71 02-August-2018 EUR 50,000,000.00 $79,065,000.00 0.6324 Yearly 1.474000%

Series 72 04-October-2018 EUR 42,000,000.00 $67,867,800.00 0.6189 Yearly 1.602000%

Series 77 19-February-2019 EUR 1,000,000,000.00 $1,598,540,000.00 0.6256 Yearly 0.875000%

Series 82 17-October-2019 USD 1,250,000,000.00 $1,857,863,071.00 0.6728 SemiAnnual 1.625000%

Series 84 16-January-2020 GBP 1,000,000,000.00 $1,908,530,000.00 0.5240 Quarterly Comp SONIA + 0.550000% Bond Issuance

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Expected Maturity Date Note Type

Listing CUSIP

ISIN

Bonds Final Maturity Date

Series 2 XS0733058969 n/a London Soft Bullet 27-January-2022 27-January-2022

Series 5 XS0737866060 n/a London Hard Bullet 01-February-2027 01-February-2027

Series 12 XS0751446872 n/a Unlisted Hard Bullet 01-March-2027 01-March-2027

Series 14 CH0183597266 n/a SIX Swiss Exchange Hard Bullet 02-May-2022 02-May-2022

Series 15 XS0775914277 n/a London Soft Bullet 03-May-2022 03-May-2022

Series 16 XS0778752047 n/a London Hard Bullet 09-May-2022 09-May-2022

Series 17 XS0782692940 n/a London Hard Bullet 21-May-2027 21-May-2027

Series 18 XS0810718295 n/a Unlisted Hard Bullet 07-August-2031 07-August-2031

Series 19 XS0822509138 n/a London Soft Bullet 04-September-2026 04-September-2026

Series 20 n/a n/a Unlisted Hard Bullet 13-September-2024 13-September-2024

Series 23 n/a n/a Unlisted Hard Bullet 08-November-2024 08-November-2024

Series 25 XS0883740887 n/a Unlisted Hard Bullet 01-February-2029 01-February-2029

Series 29 NZCWBD0121L6 n/a Unlisted Soft Bullet 21-January-2021 21-January-2021

Series 31 XS1017269082 n/a London Hard Bullet 30-December-2022 30-December-2022

Series 33 XS1055029828 n/a London Soft Bullet 15-April-2021 15-April-2021

Series 34 n/a n/a Unlisted Hard Bullet 12-May-2021 12-May-2021

Series 35 AU3CB0220960 n/a Unlisted Soft Bullet 27-May-2024 27-May-2024

Series 37 AU3CB0222289 n/a Unlisted Soft Bullet 10-July-2024 10-July-2024

Series 38 AU3CB0223709 n/a Unlisted Soft Bullet 26-August-2024 26-August-2024

Series 39 XS1129875255 n/a London Soft Bullet 04-November-2021 04-November-2021

Series 40 XS1144953285 n/a London Soft Bullet 02-December-2026 02-December-2026

Series 41 XS1151585038 n/a London Soft Bullet 12-February-2035 12-February-2035

Series 43 XS1172405414 n/a London Soft Bullet 30-March-2035 30-March-2035

Series 45 n/a n/a Unlisted Soft Bullet 26-February-2035 26-February-2035

Series 46 n/a n/a Unlisted Soft Bullet 15-December-2025 15-December-2025

Series 54 XS1443250284 n/a London Soft Bullet 18-July-2031 18-July-2031

Series 58 AU3CB0240638 n/a Unlisted Soft Bullet 17-November-2021 17-November-2021

Series 59 AU3FN0033338 n/a Unlisted Soft Bullet 17-November-2021 17-November-2021

Series 60 AU3CB0240646 n/a Unlisted Soft Bullet 17-November-2026 17-November-2026

Series 68 HK0000415346 n/a Unlisted Soft Bullet 24-July-2021 24-July-2021

Series 70 US20271AAG22/US20271BAG05 20271AAG2/20271BAG0 Unlisted Soft Bullet 20-July-2023 20-July-2023

Series 71 XS1860514089 n/a London Soft Bullet 02-August-2038 02-August-2038

Series 72 XS1885645181 n/a London Soft Bullet 04-October-2038 04-October-2038

Series 74 XS1937023254 2055D69B2 London Soft Bullet 18-January-2039 18-January-2039

Series 82 US20271AAH05/US20271BAH87 20271AAH0/20271BAH8 Unlisted Soft Bullet 17-October-2022 17-October-2022

Pool Summary

Portfolio Cut off Date 31-12-2020

Current Principal Balance (AUD) $30,598,362,396

Number of Loans(Unconsolidated) 144,026

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Prepayment Information Cumulative 12 Month 3 Month 1 Month 19.16 15.88 Prepayment History (CPR) 17.95 26.89 1.79 1.44 Prepayment History (SMM) 1.63 2.66

Mortgage Pool by Current Loan to Value Ratio (LVR)

(%) Number of Loans Balance Outstanding (%) Balance Outstanding Number of Loans Up to and including 40% 55,526 38.55% $6,965,698,441 22.76% 40% up to and including 45% 8,972 6.23% $1,971,585,342 6.44% 45% up to and including 50% 9,435 6.55% $2,227,844,665 7.28% 50% up to and including 55% 10,222 7.10% $2,534,271,957 8.28% 55% up to and including 60% 11,138 7.73% $2,874,436,901 9.39% 60% up to and including 65% 12,119 8.41% $3,200,083,529 10.46% 65% up to and including 70% 12,827 8.91% $3,507,073,497 11.46% 70% up to and including 75% 11,389 7.91% $3,370,623,897 11.02% 75% up to and including 80% 7,670 5.33% $2,529,469,014 8.27% 80% up to and including 85% 3,099 2.15% $905,005,315 2.96% 85% up to and including 90% 1,199 0.83% $374,289,185 1.22% 90% up to and including 95% 281 0.20% $90,891,660 0.30% 95% up to and including 100% 44 0.03% $14,466,582 0.05% > 100% 105 0.07% $32,622,413 0.11% Total 144,026 100.00% $30,598,362,396 100.00%

Mortgage Pool by Indexed Loan to Value Ratio (LVR) *

(%) Number of Loans Balance Outstanding (%) Balance Outstanding Number of Loans Up to and including 40% 72,166 50.11% $10,450,924,428 34.16% 40% up to and including 45% 10,465 7.27% $2,622,524,690 8.57% 45% up to and including 50% 10,450 7.26% $2,753,163,197 9.00% 50% up to and including 55% 10,257 7.12% $2,802,813,003 9.16% 55% up to and including 60% 10,020 6.96% $2,785,473,273 9.10% 60% up to and including 65% 10,174 7.06% $2,814,443,161 9.20% 65% up to and including 70% 7,973 5.54% $2,291,681,146 7.49% 70% up to and including 75% 7,037 4.89% $2,235,812,521 7.31% 75% up to and including 80% 3,549 2.46% $1,212,720,228 3.96% 80% up to and including 85% 1,367 0.95% $440,442,521 1.44% 85% up to and including 90% 472 0.33% $156,317,086 0.51% 90% up to and including 95% 56 0.04% $19,541,452 0.06% 95% up to and including 100% 13 0.01% $4,032,724 0.01% > 100% 27 0.02% $8,472,966 0.03% Total 144,026 100.00% $30,598,362,396 100.00%

* Based on quarterly data provided by the Australian Bureau of Statistics

(%) Balance Outstanding Balance Outstanding

(%) Number of Loans Number of Loans

Mortgage Pool by Mortgage Loan Interest Rate

143,098 99.36% $30,492,776,390 99.65% <=5.00% 861 0.60% $91,351,718 0.30% > 5.00% <= 5.25% 65 0.05% $14,179,486 0.05% > 5.25% <= 5.50% 0 0.00% $0 0.00% > 5.50% <= 5.75% 0 0.00% $0 0.00% > 5.75% <= 6.00% 0 0.00% $0 0.00% > 6.00% <= 6.25% 0 0.00% $0 0.00% > 6.25% <= 6.50% 0 0.00% $0 0.00% > 6.55% <= 6.75% 0 0.00% $0 0.00% > 6.75% <= 7.00% 0 0.00% $0 0.00% > 7.00% <= 7.25% 0 0.00% $0 0.00% > 7.25% <= 7.50% 2 0.00% $54,802 0.00% > 7.50% <= 7.75% 0 0.00% $0 0.00% > 7.75% <= 8.00% 0 0.00% $0 0.00% > 8.00% <= 8.25% 0 0.00% $0 0.00% > 8.25% <= 8.50% 0 0.00% $0 0.00% > 8.50% 144,026 100.00% $30,598,362,396 100.00% Total (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Interest Option

17,046 11.84% $4,531,589,924 14.81% Fixed 1 Year 5,194 3.61% $1,373,577,741 4.49% Fixed 2 Year 1,278 0.89% $340,657,015 1.11% Fixed 3 Year 271 0.19% $59,430,092 0.19% Fixed 4 Year 4 0.00% $406,344 0.00% Fixed 5 Year 3 0.00% $287,865 0.00% Fixed 6 + Year 23,796 16.52% $6,305,948,981 20.61%

Total Fixed Rate

120,230 83.48% $24,292,413,416 79.39%

Total Variable Rate

144,026 100.00% $30,598,362,396 100.00%

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Mortgage Pool by Loan Size (Consolidated)

28,581 19.84% $1,322,840,502 4.32% Up to and including 100,000 28,327 19.67% $3,983,858,730 13.02% > 100,000 up to and including 200,000 26,169 18.17% $5,490,165,177 17.94% > 200,000 up to and including 300,000 20,339 14.12% $5,250,653,387 17.16% > 300,000 up to and including 400,000 14,464 10.04% $4,307,963,192 14.08% > 400,000 up to and including 500,000 9,138 6.34% $3,137,355,915 10.25% > 500,000 up to and including 600,000 6,109 4.24% $2,284,064,795 7.46% > 600,000 up to and including 700,000 4,234 2.94% $1,740,954,522 5.69% > 700,000 up to and including 800,000 3,108 2.16% $1,343,721,517 4.39% > 800,000 up to and including 900,000 1,781 1.24% $840,801,039 2.75% > 900,000 up to and including 1,000,000 1,151 0.80% $535,647,220 1.75% > 1,000,000 up to and including 1,250,000 392 0.27% $214,326,952 0.70% > 1,250,000 up to and including 1,500,000 147 0.10% $88,896,271 0.29% > 1,500,000 up to and including 1,750,000 57 0.04% $33,534,448 0.11% > 1,750,000 up to and including 2,000,000 29 0.02% $23,578,730 0.08% > 2,000,000 144,026 100.00% $30,598,362,396 100.00% Total

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Mortgage Pool by Approval Date

Number of Loans (%) Number of Loans Balance Outstanding (%) Balance Outstanding

2002Q1 89 0.06% $6,840,525 0.02% 2002Q2 184 0.13% $15,826,262 0.05% 2002Q3 189 0.13% $16,799,211 0.05% 2002Q4 185 0.13% $14,662,539 0.05% 2003Q1 182 0.13% $14,680,722 0.05% 2003Q2 237 0.16% $20,616,200 0.07% 2003Q3 272 0.19% $24,966,965 0.08% 2003Q4 349 0.24% $31,689,853 0.10% 2004Q1 291 0.20% $27,002,855 0.09% 2004Q2 334 0.23% $33,332,719 0.11% 2004Q3 400 0.28% $33,338,368 0.11% 2004Q4 407 0.28% $43,303,478 0.14% 2005Q1 365 0.25% $38,024,808 0.12% 2005Q2 456 0.32% $44,442,757 0.15% 2005Q3 488 0.34% $50,071,381 0.16% 2005Q4 558 0.39% $53,781,306 0.18% 2006Q1 550 0.38% $56,491,138 0.18% 2006Q2 649 0.45% $71,589,549 0.23% 2006Q3 675 0.47% $68,789,285 0.22% 2006Q4 618 0.43% $60,636,820 0.20% 2007Q1 592 0.41% $58,176,582 0.19% 2007Q2 852 0.59% $88,187,900 0.29% 2007Q3 924 0.64% $101,897,480 0.33% 2007Q4 1,010 0.70% $114,947,964 0.38% 2008Q1 912 0.63% $118,065,772 0.39% 2008Q2 861 0.60% $102,795,060 0.34% 2008Q3 945 0.66% $131,913,290 0.43% 2008Q4 1,255 0.87% $164,362,710 0.54% 2009Q1 1,552 1.08% $213,111,458 0.70% 2009Q2 2,142 1.49% $308,069,861 1.01% 2009Q3 1,724 1.20% $251,194,317 0.82% 2009Q4 1,518 1.05% $231,270,380 0.76% 2010Q1 1,295 0.90% $208,686,372 0.68% 2010Q2 1,389 0.96% $229,791,771 0.75% 2010Q3 1,435 1.00% $236,985,694 0.77% 2010Q4 1,565 1.09% $246,928,742 0.81% 2011Q1 1,320 0.92% $206,321,776 0.67% 2011Q2 1,615 1.12% $263,771,713 0.86% 2011Q3 1,272 0.88% $199,137,565 0.65% 2011Q4 1,346 0.93% $213,558,814 0.70% 2012Q1 1,060 0.74% $181,262,552 0.59% 2012Q2 1,470 1.02% $278,184,788 0.91% 2012Q3 1,475 1.02% $268,152,632 0.88% 2012Q4 1,636 1.14% $284,205,863 0.93% 2013Q1 1,810 1.26% $321,393,514 1.05% 2013Q2 2,124 1.47% $400,615,887 1.31% 2013Q3 2,118 1.47% $381,553,628 1.25% 2013Q4 2,378 1.65% $454,925,812 1.49% 2014Q1 2,400 1.67% $454,063,263 1.48% 2014Q2 2,937 2.04% $598,421,888 1.96% 2014Q3 2,960 2.06% $611,521,131 2.00% 2014Q4 3,360 2.33% $714,566,285 2.34% 2015Q1 3,629 2.52% $787,394,033 2.57% 2015Q2 4,744 3.29% $1,080,071,056 3.53% 2015Q3 4,091 2.84% $973,598,948 3.18% 2015Q4 4,056 2.82% $993,765,182 3.25% 2016Q1 4,179 2.90% $1,003,503,371 3.28% 2016Q2 6,017 4.18% $1,513,467,196 4.95% 2016Q3 4,529 3.14% $1,149,902,488 3.76% 2016Q4 3,944 2.74% $955,393,622 3.12% 2017Q1 3,744 2.60% $931,945,450 3.05% 2017Q2 4,355 3.02% $1,095,643,704 3.58% 2017Q3 3,441 2.39% $855,161,653 2.79% 2017Q4 3,495 2.43% $866,612,896 2.83% 2018Q1 3,275 2.27% $844,416,921 2.76% 2018Q2 3,938 2.73% $1,057,565,205 3.46% 2018Q3 5,642 3.92% $1,524,587,922 4.98% 2018Q4 5,093 3.54% $1,265,932,962 4.14% 2019Q1 4,399 3.05% $1,099,288,800 3.59% 2019Q2 4,752 3.30% $1,193,750,380 3.90% 2019Q3 3,040 2.11% $785,652,367 2.57% 2019Q4 681 0.47% $181,613,949 0.59% 2020Q1 895 0.62% $247,128,937 0.81% 2020Q2 1,364 0.95% $326,232,514 1.07% 2020Q3 1,031 0.72% $255,296,010 0.83% 2020Q4 962 0.67% $245,507,625 0.80% Total 144,026 100.00% $30,598,362,396 100.00%

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Mortgage Pool by Geographic Distribution

841 0.58% $184,833,917 0.60% ACT 47,504 32.98% $11,090,793,632 36.25% NSW 1,287 0.89% $288,440,598 0.94% NT 25,020 17.37% $4,996,837,694 16.33% QLD 8,736 6.07% $1,469,543,065 4.80% SA 3,440 2.39% $476,638,969 1.56% TAS 42,597 29.58% $8,861,386,671 28.96% VIC 14,601 10.14% $3,229,887,850 10.56% WA 144,026 100.00% $30,598,362,396 100.00% Total

Mortgage Pool by Loan Type

(%) Number of Loans Balance Outstanding

Number of Loans (%) Balance Outstanding

P & I 132,672 92.12% $27,226,614,809 88.98% Interest Only 11,354 7.88% $3,371,747,587 11.02% Total 144,026 100.00% $30,598,362,396 100.00% (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Documentation Type

Full Doc Loans 144,026 100.00% $30,598,362,396 100.00%

Low Doc Loans 0 0.00% $0 0.00%

No Doc Loans 0 0.00% $0 0.00% Total 144,026 100.00% $30,598,362,396 100.00% (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Remaining Interest Only Period

up to and including 1 Year 5,445 47.96% $1,663,077,479 49.32%

> 1 up to and including 2 years 2,599 22.89% $751,525,544 22.29%

> 4 up to and including 5 years 498 4.39% $156,799,287 4.65%

> 9 up to and including 10 years 2 0.02% $652,634 0.02%

> 10 years 3 0.03% $1,541,573 0.05% Total 11,354 100.00% $3,371,747,587 100.00% (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Occupancy Status

111,752 77.59% $23,349,897,999 76.31%

Owner Occupied (Full Recourse)

32,274 22.41% $7,248,464,397 23.69%

Residential Investment (Full Recourse)

0 0.00% $0 0.00%

Residential Investment (Limited Recourse)

144,026 100.00% $30,598,362,396 100.00% Total (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Loan Purpose

5,978 4.15% $1,361,340,274 4.45%

Purchase New Dwelling

87,438 60.71% $17,965,990,924 58.72%

Purchase Existing Dwelling

50,610 35.14% $11,271,031,198 36.84% Refinance 0 0.00% $0 0.00% Other 144,026 100.00% $30,598,362,396 100.00% Total (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Loan Seasoning

1,430 0.99% $393,189,198 1.29%

up to and including 3 months

1,405 0.98% $361,232,178 1.18%

> 3 months up to and including 6 months

1,214 0.84% $339,993,659 1.11%

773 0.54% $208,144,974 0.68%

818 0.57% $215,607,736 0.70%

4,136 2.87% $1,054,061,129 3.44%

4,781 3.32% $1,180,995,080 3.86%

4,633 3.22% $1,154,570,329 3.77%

4,899 3.40% $1,229,299,025 4.02%

5,790 4.02% $1,573,204,495 5.14%

3,461 2.40% $899,395,833 2.94%

3,334 2.31% $848,713,873 2.77%

15,567 10.81% $3,858,648,854 12.61%

18,628 12.93% $4,592,588,044 15.01%

16,217 11.26% $3,724,855,422 12.17%

11,338 7.87% $2,292,432,540 7.49%

8,172 5.67% $1,487,376,394 4.86%

5,488 3.81% $977,059,750 3.19%

5,508 3.82% $870,946,609 2.85%

26,434 18.35% $3,336,047,272 10.90%

> 120 months

144,026 100.00% $30,598,362,396 100.00%

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Mortgage Pool by Remaining Tenor

32 0.02% $598,076 0.00%

Up to and including 1 Year

89 0.06% $2,641,210 0.01%

> 1 Up to and including 2 years

155 0.11% $4,726,239 0.02%

195 0.14% $8,925,480 0.03%

267 0.19% $17,353,713 0.06%

> 4 Up to and including5 years

338 0.23% $21,793,250 0.07%

430 0.30% $30,206,701 0.10%

602 0.42% $45,859,364 0.15%

708 0.49% $63,387,565 0.21%

719 0.50% $73,017,575 0.24%

9,324 6.47% $1,054,874,090 3.45%

30,041 20.86% $4,570,637,905 14.94%

48,589 33.74% $10,663,729,094 34.85%

52,537 36.48% $14,040,612,133 45.89%

144,026 100.00% $30,598,362,396 100.00% Total (%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans

Mortgage Pool by Delinquencies

143,346 99.53% $30,431,702,565 99.46%

0 Months

494 0.34% $120,581,678 0.39%

> 0 up to and including 1 Month

126 0.09% $30,406,783 0.10%

> 1 up to and including 2 Months

60 0.04% $15,671,369 0.05%

0 0.00% $0 0.00%

> 6 Months

144,026 100.00% $30,598,362,396 100.00%

Total

Mortgage Pool by Mortgage Insurer (LVR Specific)

(%) Balance Outstanding Balance Outstanding (%) Number of Loans Number of Loans QBE LMI 531 0.37% $45,415,848 0.15% Genworth 18,186 12.63% $3,564,885,813 11.65%

No Primary Mortgage Insurer 125,309 87.00% $26,988,060,734 88.20%

Total 144,026 100.00% $30,598,362,396 100.00%

Mortgage Pool by Remaining Term on Fixed Rate Period

2,700 11.35% $704,681,108 11.17%

> 0 up to and including 3 months

3,180 13.36% $874,288,312 13.86%

2,449 10.29% $638,995,390 10.13%

2,382 10.01% $636,185,814 10.09%

1,043 4.38% $268,417,866 4.26%

2,361 9.92% $646,981,941 10.26%

1,557 6.54% $414,276,475 6.57%

1,389 5.84% $351,670,774 5.58%

568 2.39% $142,402,742 2.26%

2,465 10.36% $680,552,333 10.79%

1,484 6.24% $385,893,510 6.12%

668 2.81% $162,583,587 2.58%

1,306 5.49% $348,598,432 5.53%

237 1.00% $49,726,489 0.79%

7 0.03% $694,209 0.01%

> 60 months

23,796 100.00% $6,305,948,981 100.00%

Total Indexation

Indexation is used in the Asset Coverage Test (ACT) and the Amortisation Test to protect investors from a downward move in property prices. Indexation is applied to the LVR Adjusted Mortgage Loan Balance in the ACT and the Amortisation Test Current Principal Balance in the Amortisation Test. Indexation is applied 85% for upward revision of House Price Index (HPI) and 100% for downward revision .

HPI is applied to each individual residential loan based on the loan’s approval date.

HPI used is the quarterly Australian Bureau of Statistics (ABS) Weighted Average of Eight Capital Cities House Price Index available free to download in excel at <http://www.abs.gov.au/ausstats/abs@.nsf/mf/6416.0>

The HPI is designed to provide a measure of the inflation or deflation in the price of the stock of established houses over time. Separate indexes are produced for each capital city in Australia, and these indexes are combined to produce a weighted average index of the eight capital cities. The HPI is published quarterly, approximately five weeks after the end of the reference quarter. The figures published for the two most recent quarters are regarded as preliminary and are revised in subsequent publications as more data is collected.

Trust Manager:

Securitisation Advisory Services P/L Commonwealth Bank of Australia

ABN 88 064 133 946 ABN 48 123 123 124

Ground Floor Ground Floor

Tower 1, 201 Sussex St Tower 1, 201 Sussex St

Sydney NSW 2000 Sydney NSW 2000

Contacts: Group Funding

Commonwealth Bank of Australia Phone: (612) 9118 1342 groupfunding@cba.com.au

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Disclaimer:

The information in this report has been obtained from Securitisation Advisory Services Pty Limited (SAS) as the Trust Manager of the CBA Covered Bond Trust. The report does not and is not intended to constitute an offer to sell or a solicitation of any offer to subscribe for or purchase or to continue to hold Covered Bonds issued by Commonwealth Bank of Australia (the Bank) in any country or jurisdiction. The report is provided on the basis that investors holding Covered Bonds issued by the Bank have reviewed, understood and obtained their own professional legal, regulatory, tax and accounting advice in relation to the relevant CBA Covered Bond Programme offering and programme documents. This report does not contain all information that may be relevant to a covered bond investor in relation to its investment in the Bank’s covered bonds. The information in the report is no guarantee of the future performance of the Bank (as issuer of the covered bonds) or the performance of any of the Mortgage Loans held by Perpetual Corporate Trust Limited (the Covered Bond Guarantor). This report is for the information of covered bond holders only and no person is authorised to use it for any other purpose. No person is authorised to copy this report (or any part of it) or to distribute it (or any part of it) to any other person.

None of the Bank, SAS and the Covered Bond Guarantor give any warranty or representation that the information in this report is complete, accurate, up to date or reliable. To the fullest extent permitted by law, each of the Bank, SAS and the Covered Bond Guarantor expressly disclaim all and any liability to any person in respect of anything and of the consequences of anything done or omitted to be done by any person in reliance whether whole or partial, upon the whole or any part of the contents of the information (including the conclusions in the report or any omissions in it). No responsibility or liability will be accepted by the Bank, SAS or the Covered Bond Guarantor for any loss or damage howsoever arising which results from any person acting in whole or in part on the information.