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Investor Presentaiton

The New Zealand economy. Population 5.1 million. Regional GDP Economy Total nominal GDP 2020: $322 bn Northland, $8bn 4% of population 5 Auckland, $122bn Bay of Plenty, $19bn 6% of population 35% of population Waikato, $28bn 10% of population Taranaki, Whanganui/Manawatu, $21bn 7% of population Tasman/Nelson, $6bn 2% of population West Coast, $2bn 1% of population Southland, $7bn 2% of population Gisborne/Hawke's Bay, $11bn 4% of population Wellington, $40bn 11% of population Marlborough, $3bn 1% of population Canterbury, $40bn 13% of population Otago, $14bn 5% of population 11 10 19 6 35 7 9 Output 2020 sector shares of GDP (%) 6 6 Primary industries ■Construction Electricity, gas, and water ■Manufacturing ■Wholesale, retail and accommodation CO ■Transport 12 Economics ■Financial and professional services ■Public administration ■Social services (incl. health and education) Other NZ employment by sector 2020 (%) 10 ■Primary industries ■Construction Electricity, gas, and water ■Manufacturing 9 ■Wholesale, retail and accommodation ■Transport ■Financial and professional services 18 ■Public administration 19 Sources: Stats NZ, Westpac Economics. Nationwide GDP and employment figures are for the year to Dec 2020, regional figure are for the year to March 2020. Charts may not add to 100 due to rounding. 105 Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack ■Social services (incl. health and education) Other Westpac GROUP
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