Investor Presentaiton

Non-interest income - up 3% excluding notable items.1 . Net fees¹ up $26m Higher cards from improved activity End of COVID-19 merchant waivers Other fees lower from simplification 3% Wealth & insurance¹ up $8m 1% Trading and other¹ up $24m 5% Higher insurance weather claims ($55m) Funds up from higher FUA Other income higher from revaluation of Life insurance liabilities Lower customer and non-customer income $34m positive DVA movement Other income higher as 2H20 included Mumbai FCTR loss 902 804 7782 269 148 181 277 300 249 6752 683 43 86 562 LO 5 140 259 203 447 471 439 18 10 10 499 453 429 417 356 348 356 373 394 1H20 2H20 Other fees ■Cards & merchants Business & institutional 1H21 1H20 2H20 Other Insurance Funds 1H21 (52) 1H20 2H20 ■ Other Trading 1H21 1 Excluding notable items. References to notable items in this slide include provisions related to; estimated customer refunds, costs and litigation; and asset sales/revaluations. 2 Total notable items in Non-interest income is unchanged. 2H20 has been restated to reflect $45m of notable items allocated to net fee income, this has now been allocated $30m to wealth management income and $15m to insurance income. 18 Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack Westpac GROUP

View entire presentation