Investor Presentaiton

2 2 2 ■Mar-20 Sep-20 Mar-21 28 27 27 20 20 20 18 16 16 16 Australian mortgage portfolio repayment buffers. >70% of customers remain ahead of scheduled repayments. Australian home loan customers ahead on repayments¹ (% by balances) Offset account balances2 ($bn) Linked to I/O mortgages Mortgage asset quality ■Linked to P&I mortgages Behind On time < 1 Mth < 6 Mths < 1 Yr < 2 Yrs >2 Yrs 666666 Loans 'on time' and <1 mth ahead (% of balances) 47 20 ■Investment property loans - incentive is to keep repayments high for tax purposes ■Accounts opened in the last 12 months 8 9 ■Loans with structural restrictions on repayments e.g. fixed rate 12 10 4 ■Residual - less than 1 month repayment buffer 10 73 Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack 33 33 24 24 31 21 Sep-15 Mar-16 Sep-16 Mar-17 35 55 Sep-17 36 Mar-18 46 48 37 39 39 40 41 42 Sep-18 Mar-19 Applicant gross income band (1H21 drawdowns, % by balances) ■Owner Occupied Mar-21 1 Customer loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments. Includes mortgage offset accounts. 'Behind' is more than 30 days past due. 'On time' includes up to 30 days past due. 2 Includes RAMS from September 2020 onwards. <75k 75k to 100k 6 14 Sep-19 ■Investment Property Loan 46 26 20 19 13 00 8 8 Westpac GROUP 5 01 10 Mar-20 Sep-20 Mar-21

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