Investor Presentaiton

Business - sustainable growth. Net loans ($bn) Performance Significantly higher core earnings • Benefit from 157% deposit to loan ratio and · higher deposit spreads Margin 7bps lower on year, up 74bps over 2H22 Expenses¹ down 12% over the year • Reduction in Fix projects Simplification and digital . Banker productivity improved – lending settlements increased 52% • Increased use of digital lending application form • Simplified annual reviews ~18,000 next generation merchant terminals • Piloting 'Tap on Phone' capability 1 Excluding notable items. 11 Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack 78.4 Up 3% 80.9 Up 5% 84.9 Sep-21 Mar-22 Sep-22 Core earnings excluding notable items ($m) Up 90% 956 504 371 Up 36% 2H21 1H22 2H22 Westpac GROUP

View entire presentation