Investor Presentaiton

Westpac Group at a glance. Helping Australians and New Zealanders Succeed. In its 205th year, Australia's first bank and first company, opened 1817 Australia's 2nd largest bank and 24th largest bank in the world, ranked by market capitalisation¹ Well positioned across key markets with a service-led strategy focused on customers Supporting consumers and businesses in Australia and New Zealand • Unique portfolio of brands providing a range of financial services across consumer, business and institutional banking Capital ratios are in the top quartile globally, with sound credit quality Credit ratings2 AA- / Aa3 / A+ Continued sustainability commitment³ Key statistics at 31 March 2021 Operating divisions Consumer Business Westpac Institutional Bank (WIB) Westpac New Zealand Strategy WBC WBK listed on LISTED ASX & NZX NYSE Westpac bank SA st.george RAMS Bank of Melbourne Westpac bank SA st.george Bank of Melbourne Westpac New Zealand Key financial data for Half Year 2021 Customers 14.0m Reported net profit after tax $3,443m Cash earnings $3,537m Australian household deposit market share4 21% Expense to income ratio 55.4% Australian mortgage market share5 22% Common equity Tier 1 capital ratio (APRA basis) 12.34% Australian business credit market share5 15% Return on equity³ 10.2% New Zealand deposit market share6 18% Total assets $889bn New Zealand consumer lending market share Australian wealth platforms market share? 18% 18% Total liabilities Market capitalisation⁹ $817bn $90bn 1 31 March 2021 Source: S&P Capital IQ, based in US$. 2 S&P Global Ratings, Moody's Investors Service and Fitch Ratings respectively. Moody's Investor Services and Fitch Ratings have Westpac Banking Corporation on a stable outlook. S&P Global Ratings has Westpac on a negative outlook. 3 Awarded Silver - DJSI 2020 Year Book, Rated A - MSCI-ESG, Medium ESG Risk Band - Sustainalytics. 4 APRA Banking Statistics, March 2021. 5 RBA Financial Aggregates, March 2021. 6 RBNZ, March 2021. 7 Plan for Life 31 December 2020. All Master Funds Admin. 8 Cash earnings basis. 9 Based on share price at 31 March 2021 of $24.41. 32 Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack Westpac GROUP

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