Investor Presentaiton

Expenses. Expense movements 2H22 - 1H22 ($m) FTE (#) 390 5,366 5,425 (231) 38,823 (3) (597) 5,135 84 (121) (48) (49) (12) 5,035 Down $100m or 2% 1H22 reported Notable items 1H22 ex- Ongoing notable expenses items Investments (ex. Fix) Fix Specialist Businesses Businesses sold 2H22 ex- notable items Notable items 2H22 reported Mar-22 BAU Expense movements FY22 - FY21 ($m) 13,283 (2,347) Expenses 33 33 (734) 37,476 Down 1,347 or 3% Investments Fix Specialist Sep-22 (ex. Fix) one-off Businesses Headcount (#)1 Change Sep-22- 10,936 11 (300) 621 10,791 Sep-21 Mar-22 Sep-22 Mar-22 (320) (84) (73) 10,170 Direct² 43,447 41,088 40,208 (2.1%) Down $766m or 7% Third party³ 19,357 17,442 17,812 2.1% FY21 reported Notable items FY21 ex- notable items Ongoing expenses Investments (ex. Fix) Fix Specialist Businesses Businesses sold FY22 ex- notable items Notable items FY22 reported Total 62,804 58,530 58,020 (0.9%) 1 Headcount refers to number of people. 2 Direct includes people employed directly by Westpac including permanent and temporary staff, and contractors. 3 Third party includes consultants and processing services. 65 Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack Westpac GROUP

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