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Investor Presentaiton

Capital within operating range. CET1 capital ratio operating range of 11.0 – 11.5% from 1 January 2023. CET1 Capital (%, bps) 11.33 Mar-22 73bps (45bps) (38bps) (12bps) 18bps 11.29 Cash earnings Dividend RWA Other Divest- ments Sep-22 IRRBB RWA ($bn) Other capital considerations 43 43 4 5 Platforms sale ■Optionality and basis risk ■Repricing and 28 yield curve risk 3 20 20 17 11 ■ Embedded 16 loss/(gain) 2 19 21 21 14 8 (4) Tyro Payments (potential acquisition) Basel III revisions1 . Work continues on a potential sale 18 Oct 2022 announced preliminary - discussions on potential 100% acquisition Discussions continue No certainty on any transaction Finalisation expected to add to CET1 capital ratio from 1 Jan 2023 Sep-21 Mar-22 Jun-22 Sep-22 1 This page contains 'forward-looking statements' and statements of expectation. Please refer to the disclaimer on page 138. 31 Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack Westpac GROUP
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