Suncorp : Appendix 3A.4

Question no

Question

Answer

1.1

*Name of entity

Suncorp Group Limited (the "Company")

1.2

*Registration type and number

One of ABN/ARSN/ARBN/ACN or other registration type and number (if "other" please specify what type of registration number has been provided).

66 145 290 124

1.3

*ASX issuer code

SUN

1.4

*The announcement is

Tick whichever is applicable.

New announcement

Update/amendment to previous announcement Cancellation of previous announcement

1.4a

*Reason for update

Mandatory only if "Update" ticked in Q1.4 above. A reason must be provided for an update.

1.4b

*Date of previous announcement to this update

Mandatory only if "Update" ticked in Q1.4 above.

1.4c

*Reason for cancellation

Mandatory only if "Cancellation" ticked in Q1.4 above. If information has previously been provided in Part 3D of the form "Preference +security distribution rate details" please also confirm whether the rate changes remain in place for the +security or are

also cancelled.

1.4d

*Date of previous announcement to this cancellation

Mandatory only if "Cancellation" ticked in Q1.4 above.

1.5

*Date of this announcement

The date of lodgement of the form by the entity via ASX Online.

23 October 2017

1.6

*Applicable ASX +security code and description for return of capital

Please select the +security to which the notification applies. Only one

+security can be selected for each form. Consequent changes to option pricing are covered in later parts of this form.

ASX +security code: SUNPC

+Security description: SUNPC are fully paid, perpetual, unsecured, redeemable and convertible preference shares issued by the Company.

Question No.

Question

Answer

2.1

*Are any of the below approvals required for the return of capital before business day 0 of the timetable?

• +Security holder approval

• Court approval

• Lodgement of court order with +ASIC

• ACCC approval

• FIRB approval;

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the return of capital.

If any of the above approvals apply to the return of capital before business day 0 of the timetable, please answer 'yes' and provide details at Q2.1a. If "no" go to Q2.2.

The purpose of the question is to confirm that relevant approvals are received prior to ASX establishing an ex market in the +securities. If the entity wishes to disclose approvals or conditions which are to be resolved at a later date it should use Part 5 "Further information".

Yes

2.1a

Approvals

Select appropriate approval from drop down box as applicable. More than one approval can be selected. This question refers only to events which take place before business day 0 of the timetable. The purpose of the question is to confirm that relevant approvals are received prior to ASX establishing an ex market in the

+securities. The "Date for determination" is the date that you expect to know if the approval is given for example the date of the +security holder meeting in the case of +security holder approval or the date of the court hearing in the case of court approval. If the entity wishes to disclose approvals or conditions which are to be resolved at a later date it should use Part 5 "Further information". Please note that Listing Rules 7.19.1-7.19.3 set time limits for the notification of court approval, the proposed date for lodgement of court order with a regulatory authority and confirmation that the court order has been lodged with the regulatory authority.

*Approval/ condition

*Date for determination

*Is the date estimated or actual?

**Approval received/ condition met?

Only answer this question when you know the outcome of the approval - please advise on or before

+business day 0 of the relevant Appendix 6A or Appendix 7A timetable.

Comments

+Security holder approval

21 September

2017

Estimated

OR

Actual

Yes No

Court approval

Estimated

OR

Actual

Yes No

Lodgement of court order with

+ASIC

Estimated

OR

Actual

Yes No

ACCC approval

Estimated

OR

Actual

Yes No

FIRB approval

Estimated

OR

Actual

Yes No

Other (please specify in comment section)

Australian Prudential Regulation Authority (25

August 2017)

Estimated

OR

Actual

Yes No

2.2

*Is the return of capital a selective reduction of capital

If "yes" please answer Q2.2a and 2.2b, if "no" go to Part 3.

Yes, selective capital reduction

2.2a

*Date of lodgement of

+security holder resolution approving the return of capital with +ASIC

Please provide the estimated or actual date of lodgement of +security holder resolution approving the return of capital with +ASIC. If estimated date is provided please provide the actual date by way of an update to this form when the resolution has been lodged with +ASIC.

25 September 2017

2.2b

*Date that is fourteen days after date of lodgement of

+security holder resolution approving the capital return with +ASIC

10 October 2017