FORWARD FOCUS INTIMES OF CHANGE Strategy scorecard Strategic Pillar Strategic Objective Measure Strategic Imperative Great Improved Levels of Retirement Outcome Evolve our suite of value-for-money Products and Retirement Outcomes Measurement (ROM) products Services Deliver differentiated services for 56% Active members on members and employers or above target in FY26 Actively engage with, and guide members to achieve better outcomes Strong Performance Strong Long-Term Returns Top Quartile 5-Year Evolve and execute our Investment with Competitive Fees Investment Return Strategy vs Competitors10 CPI + 3.25% absolute 7-Year Investment Return Second best Quartile Admin Fee on 50k Improve productivity to drive down Balance vs Competitors operating costs and fees Operate in a responsible and sustainable manner Transformational Top Tier Scale Net assets of $150bn Execute on organic growth and Growth by FY26 retention opportunities Execute multiple mergers and corporate tenders Strengthen and broaden our distribution capabilities Strategic Enablers Brand and Advocacy that differentiates us in the market People, Culture and Values that deliver to on our strategy Digital, Data and Technology capabilities focused on dri gopti al ember outcomes Robust Risk and Governance practices, including financial governance, that hold us accountable to our members 8 The superior retirement product was delayed due to a change in the strategic direction of the Fund that prioritised mergers and equipping the Fund for regulatory change. As a result we designed new investment options (to be introduced February 2022) and new insurance features/options. We did further research on our retirement products and that work will continue in this financial year. 26 Annual Integrated Report 2021