Appendix 2A – Fixed Rate Subordinated Instruments

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+See chapter 19 for defined terms
31 January 2020Page 1
Appendix 2A
Application for quotation of +securities
Information or documents not available now must be given to ASX as soon as available. Information
and documents given to ASX become ASX’s property and may be made public.
If you are an entity incorporated outside Australia and you are seeking quotation of a new class of
+securities other than CDIs, you will need to obtain and provide an International Securities
Identification Number (ISIN) for that class. Further information on the requirement for the notification of
an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-
Australian issuers.
*Denotes minimum information required for first lodgement of this form, with exceptions provided in
specific notes for certain questions. The balance of the information, where applicable, must be
provided as soon as reasonably practicable by the entity.
Part 1 – Entity and announcement details
Question
no
Question Answer
1.1 *Name of entity
We (the entity here named) apply for
+quotation of the following +securities and
agree to the matters set out in
Appendix 2A of the ASX Listing Rules.
1
Westpac Banking Corporation (Westpac)
1.2 *Registration type and number
Please supply your ABN, ARSN, ARBN, ACN or
another registration type and number (if you supply
another registration type, please specify both the type
of registration and the registration number).
ABN 33 007 457 141
1.3 *ASX issuer codeWBC
1.4 *This announcement is
Tick whichever is applicable.
☒A new announcement
☐An update/amendment to a previous
announcement
☐A cancellation of a previous
announcement
1.4a *Reason for update
Mandatory only if “Update” ticked in Q1.4 above. A
reason must be provided for an update.
N/A
1.4b *Date of previous announcement to this
update
Mandatory only if “Update” ticked in Q1.4 above.
N/A
1.4c *Reason for cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.
N/A
1
Appendix 2A of the Listing Rules includes a warranty that an offer of the securities for sale within 12 months after their issue
will not require disclosure under section 707(3) or 1012C(6) of the Corporations Act. If the securities to be quoted have been
issued by way of a pro rata offer, to give this warranty, you will generally need to have lodged a cleansing notice with ASX
under section 708AA(2)(f) or 1012DAA(2)(f) of the Corporations Act within 24 hours before the securities are offered (see
ASIC Regulatory Guide 189 Disclosure relief for rights issues). If in doubt, please consult your legal adviser.

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+ See chapter 19 for defined terms
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1.4d *Date of previous announcement to this
cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.
N/A
1.5 *Date of this announcement 12 May 2021
Part 2 – Type of issue
Question
No.
Question Answer
2.1 *The +securities to be quoted are:
Select whichever item is applicable.
If you wish to apply for quotation of different types of
issues of securities, please complete a separate
Appendix 2A for each type of issue.
☐ Being issued as part of a transaction or
transactions previously announced to
the market in an Appendix 3B
☐ Being issued under a +dividend or
distribution plan
☐ Being issued as a result of options being
exercised or other +convertible
securities being converted
☐ Unquoted partly paid +securities that
have been paid up and are now quoted
fully paid +securities
☐ +Restricted securities where the escrow
period has expired or is about to expire
☐ +Securities previously issued under an
+employee incentive scheme where the
restrictions on transfer have ceased or
are about to cease
☐ +Securities issued under an +employee
incentive scheme that are not subject to
a restriction on transfer or that are to be
quoted notwithstanding there is a
restriction on transfer
☒ Other

2.2a.1 *Date of Appendix 3B notifying the market
of the proposed issue of +securities for
which quotation is now being sought
Answer this question if your response to Q2.1 is “Being
issued as part of a transaction or transactions
previously announced to the market in an Appendix
3B”
N/A
2.2a.2
*Are there any further issues of +securities
yet to take place to complete the
transaction(s) referred to in the
Appendix 3B?
Answer this question if your response to Q2.1 is “Being
issued as part of a transaction or transactions
previously announced to the market in an Appendix
3B”.
N/A

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2.2a.2.1 *Please provide details of the further issues
of +securities yet to take place to complete
the transaction(s) referred to in the
Appendix 3B
Answer this question if your response to Q2.1 is “Being
issued as part of a transaction or transactions
previously announced to the market in an Appendix
3B” and your response to Q2.2a.2 is “Yes”.
Please provide details of the proposed dates and
number of securities for the further issues. This may
be the case, for example, if the Appendix 3B related to
an accelerated pro rata offer with an institutional
component being quoted on one date and a retail
component being quoted on a later date.
N/A
2.2b.1 *Date of Appendix 3A.1 lodged with ASX in
relation to the underlying +dividend or
distribution
Answer this question if your response to Q2.1 is “Being
issued under a dividend or distribution plan”.
N/A
2.2b.2 *Does the +dividend or distribution plan
meet the requirement of listing rule 7.2
exception 4 that it does not impose a limit
on participation?
Answer this question if your response to Q2.1 is “Being
issued under a dividend or distribution plan”.
Note: Exception 4 only applies where security holders
are able to elect to receive all of their dividend or
distribution as securities. For example, Exception 4
would not apply in the following circumstances: 1) The
entity has specified a dollar limit on the level of
participation e.g. security holders can only participate
to a maximum value of $x in respect of their
entitlement, or 2) The entity has specified a maximum
number of securities that can participate in the plan
e.g. security holders can only receive securities in lieu
of dividend payable for x number of securities.
N/A
2.2c.1 Please state the number and type of
options that were exercised or other
+convertible securities that were converted
(including their ASX security code)
Answer this question if your response to Q2.1 is “Being
issued as a result of options being exercised or other
convertible securities being converted”.
N/A
2.2c.2
And the date the options were exercised or
other +convertible securities were
converted
Answer this question if your response to Q2.1 is “Being
issued as a result of options being exercised or other
convertible securities being converted”.
Note: If this occurred over a range of dates, enter the
date the last of the options was exercised or
convertible securities was converted.
N/A
2.2d.1 Please state the number and type of partly
paid +securities (including their ASX
security code) that were fully paid up
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities that have been paid
up and are now quoted fully paid securities”.
N/A

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2.2d.2
And the date the
+
securities were fully paid
up
Answer this question if your response to Q2.1 is
“Unquoted partly paid securities that have been paid
up and are now quoted fully paid securities”.
Note: If this occurred over a range of dates, enter the
date the last of the securities was fully paid up.
N/A
2.2e.1
Please state the number and type of
+restricted securities (including their ASX
security code) where the escrow period has
expired or is about to expire
Answer this question if your response to Q2.1 is
“Restricted securities where the escrow period has
expired or is about to expire”.
N/A
2.2e.2 And the date the escrow restrictions have
ceased or will cease
Answer this question if your response to Q2.1 is
“Restricted securities where the escrow period has
expired or is about to expire”.
Note: If this occurred over a range of dates, enter the
date the last of the escrow restrictions has ceased or
will cease.
N/A
2.2f.1 Please state the number and type of
+securities (including their ASX security
code) previously issued under the
+employee incentive scheme where the
restrictions on transfer have ceased or are
about to cease
Answer this question if your response to Q2.1 is
“Securities previously issued under an employee
incentive scheme where the restrictions on transfer
have ceased or are about to cease”.
N/A
2.2f.2
And the date the restrictions on transfer
have ceased or will cease:
Answer this question if your response to Q2.1 is
“Securities previously issued under an employee
incentive scheme where the restrictions on transfer
have ceased or are about to cease”.
Note: If this occurred over a range of dates, enter the
date the last of the restrictions on transfer has ceased
or will cease.
N/A
2.2g.1 Please state the number and type of
+securities (including their ASX security
code) issued under an +employee incentive
scheme that are not subject to a restriction
on transfer or that are to be quoted
notwithstanding there is a restriction on
transfer
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are not subject to a restriction on transfer
or that are to be quoted notwithstanding there is a
restriction on transfer”.
N/A

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2.2g.2 *Please attach a document or provide
details of a URL link for a document lodged
with ASX detailing the terms of the
+employee incentive scheme or a summary
of the terms.
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are not subject to a restriction on transfer
or that are to be quoted notwithstanding there is a
restriction on transfer”.
N/A
2.2g.3
*Are any of these +securities being issued
to +key management personnel (KMP) or
an +associate
Answer this question if your response to Q2.1 is
“Securities issued under an employee incentive
scheme that are not subject to a restriction on transfer
or that are to be quoted notwithstanding there is a
restriction on transfer”.
N/A
2.2g.3.a *Provide details of the recipients and the number of +securities issued to each of them.
Answer this question if your response to Q2.1 is “Securities issued under an employee incentive scheme that are
not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer”
and your response to Q2.2g.3 is “Yes”. Repeat the detail in the table below for each KMP involved in the issue. If
the securities are being issued to the KMP, repeat the name of the KMP or insert “Same” in “Name of registered
holder”. If the securities are being issued to an associate of a KMP, insert the name of the associate in “Name of
registered holder”.

Name of KMP Name of registered holder Number of +securities
N/A N/A N/A

2.2h.1 *The purpose(s) for which the entity is
issuing the +securities is:
Answer this question if your response to Q2.1 is
“Other”.
You may select one or more of the items in the list.
☐ To raise additional working capital
☐ To fund the retirement of debt
☐ To pay for the acquisition of an asset
[provide details below]
☐ To pay for services rendered
[provide details below]
☒ Other [provide details below]
Additional details:

The net proceeds of the issue of the fully
paid fixed rate subordinated instruments
will be used as described in Annex 2 to the
Pricing Supplement.

2.2h.2 *Please provide any further information
needed to understand the circumstances in
which you are applying to have these
+securities quoted on ASX, including (if
applicable) why the issue of the +securities
has not been previously announced to the
market in an Appendix 3B
You must answer this question if your response to
Q2.1 is “Other”. If there is no other information to
provide, please answer “Not applicable” or “N/A”.
As the decision to quote the fully paid fixed
rate subordinated instruments is made at
the same time this Appendix 2A is lodged,
an Appendix 3B is not necessary.

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+ See chapter 19 for defined terms
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2.2i *Are these +securities being offered under
a +disclosure document or +PDS?
Answer this question if your response to Q2.1 is any
option other than “Being issued as part of a transaction
or transactions previously announced to the market in
an Appendix 3B”.
No
2.2i.1 *Date of +disclosure document or +PDS?
Answer this question if your response to Q2.1 is any
option other than “Being issued as part of a transaction
or transactions previously announced to the market in
an Appendix 3B” and your response to Q2.2i is “Yes”.
Under the Corporations Act, the entity must apply for
quotation of the securities within 7 days of the date of
the disclosure document or PDS.
N/A
2.3 *The +securities to be quoted are:
Tick whichever is applicable
☐ Additional +securities in a class that is
already quoted on ASX ("existing
class")
☒ New +securities in a class that is not yet
quoted on ASX ("new class")
Part 3A – number and type of +securities to be quoted (existing class or
new class) where issue has previously been notified to ASX in
an Appendix 3B
Answer the questions in this Part if your response to Q2.1 is “Being issued as part of a transaction or transactions previously
announced to the market in an Appendix 3B” and your response to Q2.3 is “existing class” or “new class”.
Question
No.
Question Answer
3A.1 *ASX security code & description N/A
3A.2 *Number of +securities to be quoted N/A
Part 3B – number and type of +securities to be quoted (existing class)
where issue has not previously been notified to ASX in an
Appendix 3B
Answer the questions in this Part if your response to Q2.1 is anything other than “Being issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B” and your response to Q2.3 is “existing class”.
Question
No.
Question Answer
3B.1 *ASX security code & description N/A
3B.2 *Number of +securities to be quoted N/A
3B.3a *Will the +securities to be quoted rank
equally in all respects from their issue date
with the existing issued +securities in that
class?
N/A
3B.3b *Is the actual date from which the
+securities will rank equally (non-ranking
end date) known?
Answer this question if your response to Q3B.3a is
“No”.
N/A
3B.3c *Provide the actual non-ranking end date
Answer this question if your response to Q3B.3a is
“No” and your response to Q3B.3b is “Yes”.
N/A

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+ See chapter 19 for defined terms
31 January 2020 Page 7
3B.3d *Provide the estimated non-ranking end
period
Answer this question if your response to Q3B.3a is
“No” and your response to Q3B.3b is “No”.
N/A
3B.3e *Please state the extent to which the
+securities do not rank equally:
• in relation to the next dividend,
distribution or interest payment; or
• for any other reason
Answer this question if your response to Q3B.3a is
“No”.
For example, the securities may not rank at all, or may
rank proportionately based on the percentage of the
period in question they have been on issue, for the
next dividend, distribution or interest payment; or they
may not be entitled to participate in some other event,
such as an entitlement issue.
N/A
Part 3C – number and type of +securities to be quoted (new class)
where issue has not previously been notified to ASX in an
Appendix 3B
Answer the questions in this Part if your response to Q2.1 is anything other than “Being issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B” and your response to Q2.3 is “new class”.
Question
No.
Question Answer
3C.1 *Security description
Tranche No.1 of Series 1462 fully paid fixed
rate subordinated instruments due 13 May
2031
3C.2 *Security type
Select one item from the list that best describes the
securities the subject of this form. This will determine
more detailed questions to be asked about the security
later in this section. Select “ordinary fully or partly paid
shares/units” for stapled securities or CDIs. For
interest rate securities, please select the appropriate
choice from either “Convertible debt securities” or
“Non-convertible debt securities”. Select “Other” for
performance shares/units and performance
options/rights or if the selections available in the list do
not appropriately describe the security being issued.
☐ Ordinary fully or partly paid shares/units
☐ Options
☒ +Convertible debt securities
☐ Non-convertible +debt securities
☐ Redeemable preference shares/units
☐ Other


3C.3 ISIN code
Answer this question if you are an entity incorporated
outside Australia and you are seeking quotation of a
new class of securities other than CDIs. See also the
note at the top of this form.
XS2342206591
3C.4 *Number of +securities to be quoted Aggregate principal amount/face value of
EUR 1,000,000,000 issued in denominations
of EUR 100,000 and integral multiples of
EUR 1,000 in excess thereof

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+ See chapter 19 for defined terms
31 January 2020 Page 8
3C.5a *Will all the +securities issued in this class
rank equally in all respects from the issue
date?
Yes.

The fully paid fixed rate subordinated
instruments will rank ahead for payment in
a winding up to holders of ordinary shares
and junior ranking capital instruments.

The fully paid fixed rate subordinated
instruments will rank equal for payment in a
winding up to holders of other subordinated
instruments that have not been converted
or written-off and equal ranking
instruments.

The fully paid fixed rate subordinated
instruments will rank behind for payment in
a winding up to senior creditors.

However, the ranking of the fully paid fixed
rate subordinated instruments will be
adversely affected if a Non-Viability Trigger
Event (as defined in the Information
Memorandum dated 11 November 2020)
occurs.
3C.5b *Is the actual date from which the
+securities will rank equally (non-ranking
end date) known?
Answer this question if your response to Q3C.5a is
“No”.
N/A
3C.5c *Provide the actual non-ranking end date
Answer this question if your response to Q3C.5a is
“No” and your response to Q3C.5b is “Yes”.
N/A
3C.5d *Provide the estimated non-ranking end
period
Answer this question if your response to Q3C.5a is
“No” and your response to Q3C.5b is “No”.
N/A
3C.5e *Please state the extent to which the
+securities do not rank equally:
• in relation to the next dividend,
distribution or interest payment; or
• for any other reason
Answer this question if your response to Q3C.5a is
“No”.
For example, the securities may not rank at all, or may
rank proportionately based on the percentage of the
period in question they have been on issue, for the
next dividend, distribution or interest payment; or they
may not be entitled to participate in some other event,
such as an entitlement issue.
N/A

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+ See chapter 19 for defined terms
31 January 2020 Page 9
3C.6 Please attach a document or provide a URL
link for a document lodged with ASX setting
out the material terms of the +securities to
be quoted
You may cross-reference a disclosure document, PDS,
information memorandum, investor presentation or
other announcement with this information provided it
has been released to the ASX Market Announcements
Platform.
See the Information Memorandum dated 11
November 2020, released to the ASX
Market Announcements Platform on the
same date,
(https://www.westpac.com.au/content/dam/
public/wbc/documents/pdf/aw/ic/WBC_EMT
N_Information_Memorandum_Subordinate
d_dated_11_November_2020.pdf) and the
attached Pricing Supplement dated 11 May
2021
3C.7 *Have you received confirmation from ASX
that the terms of the +securities are
appropriate and equitable under listing rule
6.1?
Answer this question only if you are an ASX Listing.
(ASX Foreign Exempt Listings and ASX Debt Listings
do not have to answer this question).
If your response is “No” and the securities have any
unusual terms, you should approach ASX as soon as
possible for confirmation under listing rule 6.1 that the
terms are appropriate and equitable.
N/A
3C.8
*Provide a distribution schedule for the new +securities according to the categories set out
in the left hand column – including the number of recipients and the total percentage of the
new +securities held by the recipients in each category.
Number of +securities held Number of holders Total percentage of
+securities held
1 – 1,000 N/A N/A
1,001 – 5,000 N/A N/A
5,001 – 10,000 N/A N/A
10,001 – 100,000 N/A N/A
100,001 and over N/A N/A
Answer this question only if you are an ASX Listing (ASX Foreign Exempt Listings and ASX Debt Listings do not
have to answer this question) and the securities to be quoted have already been issued.
Note: if the securities to be quoted have not yet been issued, under listing rule 3.10.5, you will need to provide to
ASX a list of the 20 largest recipients of the new +securities, and the number and percentage of the new
+securities received by each of those recipients, and a distribution schedule for the securities when they are
issued.
3C.9a Ordinary fully or partly paid shares/units details
Answer the questions in this section if you selected this security type in your response to Question 3C.2.
*+Security currency
This is the currency in which the face amount of an
issue is denominated. It will also typically be the
currency in which distributions are declared.
N/A
*Will there be CDIs issued over the
+securities?
N/A
*CDI ratio
Answer this question if you answered “Yes” to the
previous question. This is the ratio at which CDIs can
be transmuted into the underlying security (e.g. 4:1
means 4 CDIs represent 1 underlying security
whereas 1:4 means 1 CDI represents 4 underlying
securities).
N/A
*Is it a partly paid class of +security? N/A

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*Paid up amount: unpaid amount
Answer this question if answered “Yes” to the
previous question.
The paid up amount represents the amount of
application money and/or calls which have been paid
on any security considered ‘partly paid’
The unpaid amount represents the unpaid or yet to
be called amount on any security considered ‘partly
paid’.
The amounts should be provided per the security
currency (e.g. if the security currency is AUD, then
the paid up and unpaid amount per security in AUD).
N/A
*Is it a stapled +security?
This is a security class that comprises a number of
ordinary shares and/or ordinary units issued by
separate entities that are stapled together for the
purposes of trading.
N/A
3C.9b Option details
Answer the questions in this section if you selected this security type in your response to Question 3C.2.
*+Security currency
This is the currency in which the exercise price is
payable.
N/A
*Exercise price
The price at which each option can be exercised and
convert into the underlying security.
The exercise price should be provided per the
security currency (i.e. if the security currency is AUD,
the exercise price should be expressed in AUD).
N/A
*Expiry date
The date on which the options expire or terminate.
N/A
*Details of the number and type of
+security (including its ASX security code
if the +security is quoted on ASX) that will
be issued if an option is exercised
For example, if the option can be exercised to receive
one fully paid ordinary share with ASX security code
ABC, please insert “One fully paid ordinary share
(ASX:ABC)”.
N/A
3C.9c Details of non-convertible +debt securities, +convertible debt securities, or
redeemable preference shares/units
Answer the questions in this section if you selected one of these security types in your response to Question
3C.2.
Refer to Guidance Note 34 and the “Guide to the Naming Conventions and Security Descriptions for ASX Quoted
Debt and Hybrid Securities” for further information on certain terms used in this section
*Type of +security
Select one item from the list
☐ Simple corporate bond
☐ Non-convertible note or bond
☒ Convertible note or bond
☐ Preference share/unit
☐ Capital note
☐ Hybrid security
☐ Other

*+Security currency
This is the currency in which the face value of the
security is denominated. It will also typically be the
currency in which interest or distributions are paid.
Euro (EUR)

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+ See chapter 19 for defined terms
31 January 2020 Page 11
Face value
This is the principal amount of each security.
The face value should be provided per the security
currency (i.e. if security currency is AUD, then the
face value per security in AUD).
Aggregate value of amount/face value of
EUR1,000,000,000

*Interest rate type
Select one item from the list
Select the appropriate interest rate type per the terms
of the security. Definitions for each type are provided
in the Guide to the Naming Conventions and Security
Descriptions for ASX Quoted Debt and Hybrid
Securities
☒ Fixed rate
☐ Floating rate
☐ Indexed rate
☐ Variable rate
☐ Zero coupon/no interest
☐ Other

N/A
Frequency of coupon/interest payments
per year
Select one item from the list.
☐ Monthly
☐ Quarterly
☐ Semi-annual
☒ Annual
☐ No coupon/interest payments
☐ Other


First interest payment date
A response is not required if you have selected “No
coupon/interest payments” in response to the
question above on the frequency of coupon/interest
payments
13 May 2022
Interest rate per annum
Answer this question if the interest rate type is fixed.
0.766 per cent per annum from and
including the Issue Date up to but excluding
the Optional Redemption Date.

If the subordinated instruments are not
redeemed, purchased and cancelled,
Written-Off or Converted by the Issuer by
the Optional Redemption Date, the rate of
interest payable annually in arrear for the
period from and including the Optional
Redemption Date to but excluding the
Maturity Date shall reset to a fixed rate per
annum equal to the prevailing 5-year EUR
mid-market swap rate appearing on
Bloomberg page “EUAMDB05 Index”, as
determined by the Calculation Agent (at
11.00am Frankfurt time) on the Reset
Determination Date; plus the spread of 1.05
per cent.

*Is the interest rate per annum estimated
at this time?
Answer this question if the interest rate type is fixed.
No

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If the interest rate per annum is estimated,
then what is the date for this information to
be announced to the market (if known)
Answer this question if the interest rate type is fixed
and your response to the previous question is “Yes”.
Answer “Unknown” if the date is not known at this
time.
N/A
*Does the interest rate include a reference
rate, base rate or market rate (e.g. BBSW
or CPI)?
Answer this question if the interest rate type is
floating or indexed.
N/A
*What is the reference rate, base rate or
market rate?
Answer this question if the interest rate type is
floating or indexed and your response to the previous
question is “Yes”.
N/A
*Does the interest rate include a margin
above the reference rate, base rate or
market rate?
Answer this question if the interest rate type is
floating or indexed.
N/A
*What is the margin above the reference
rate, base rate or market rate (expressed
as a percent per annum)
Answer this question if the interest rate type is
floating or indexed and your response to the previous
question is “Yes”.
N/A

*S128F of the Income Tax Assessment
Act status applicable to the +security
Select one item from the list
For financial products which are likely to give rise to a
payment to which s128F of the Income Tax
Assessment Act applies, ASX requests issuers to
confirm the s128F status of the security:
• “s128F exempt” means interest payments are not
taxable to non-residents;
• “Not s128F exempt” means interest payments are
taxable to non-residents;
• “s128F exemption status unknown” means the
issuer is unable to advise the status;
• “Not applicable” means s128F is not applicable to
this security
☒ s128F exempt
☐ Not s128F exempt
☐ s128F exemption status unknown
☐ Not applicable


*Is the +security perpetual (i.e. no maturity
date)?
No
*Maturity date
Answer this question if the security is not perpetual
13 May 2031

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 13
*Select other features applicable to the
+security
Up to 4 features can be selected. Further information
is available in the Guide to the Naming Conventions
and Security Descriptions for ASX Quoted Debt and
Hybrid Securities.
☐ Simple
☒ Subordinated
☐ Secured
☐ Converting
☒ Convertible
☐ Transformable
☐ Exchangeable
☐ Cumulative
☐ Non-Cumulative
☒ Redeemable
☐ Extendable
☒ Reset
☐ Step-Down
☐ Step-Up
☐ Stapled
☐ None of the above
*Is there a first trigger date on which a
right of conversion, redemption, call or put
can be exercised (whichever is first)?
Yes


*If yes, what is the first trigger date
Answer this question if your response to the previous
question is “Yes”.
Conversion of all or some of the fully paid
fixed rate subordinated instruments may be
required upon a Non-Viability Trigger Event
(as that term is defined in the Information
Memorandum dated 11 November 2020)
occurring. If conversion does not occur
within 5 ASX Business Days after a Non-
Viability Trigger Event, such notes, or a
percentage of the outstanding principal
amount of such notes to be converted, will
immediately and irrevocably be written-off
and terminated.
Details of the number and type of +security
(including its ASX security code if the
+security is quoted on ASX) that will be
issued if the +securities to be quoted are
converted, transformed or exchanged
Answer this question if the security features include
“converting”, “convertible”, “transformable” or
“exchangeable”.
For example, if the security can be converted into
1,000 fully paid ordinary shares with ASX security
code ABC, please insert “1,000 fully paid ordinary
shares (ASX:ABC)”.
If converted, the fully paid fixed rate
subordinated instruments will convert into
ordinary shares according to the following
formula:

Outstanding Principal Amount (translated
into Australian dollars) / (P x VWAP)

Where:

Outstanding Principal Amount has the
meaning given to it in Conditions 1.1 and
6.13 of the Information Memorandum dated
11 November 2020.
P means 0.99.
VWAP means the VWAP during the period
of 5 ASX Business Days on which trading in
ordinary shares took place immediately
preceding (but not including) the Non-
Viability Trigger Event Date.

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 14
Part 4 – Issue details
Question
No.
Question Answer
4.1 *Have the +securities to be quoted been
issued yet?
No
4.1a *What was their date of issue?
Answer this question if your response to Q4.1 is
“Yes”.
N/A
4.1b *What is their proposed date of issue?
Answer this question if your response to Q4.1 is “No”.
13 May 2021
4.2
*Are the +securities to be quoted being
issued for a cash consideration?
If the securities are being issued for nil cash
consideration, answer this question “No”.
Yes
4.2a *In what currency is the cash consideration
being paid
For example, if the consideration is being paid in
Australian Dollars, state AUD.
Answer this question if your response to Q4.2 is
“Yes”.
EUR
4.2b *What is the issue price per +security
Answer this question if your response to Q4.2 is “Yes”
and by reference to the issue currency provided in
your response to Q4.2a.
Note: you cannot enter a nil amount here. If the
securities are being issued for nil cash consideration,
answer Q4.2 as “No” and complete Q4.2c and Q4.2d.
Aggregate principal amount/face value of
EUR 1,000,000,000 issued in
denominations of EUR 100,000 and integral
multiples of EUR 1,000 inexcess thereof
4.2c Please describe the consideration being
provided for the +securities to be quoted
Answer this question if your response to Q4.2 is “No”.
N/A
4.2d
Please provide an estimate (in AUD) of the
value of the consideration being provided
per +security for the +securities to be
quoted
Answer this question if your response to Q4.2 is “No”.
N/A
4.3 Any other information the entity wishes to
provide about the issue
N/A
Part 5 – Issued capital following quotation
Following the quotation of the +securities the subject of this application, the issued capital of the entity
will comprise:
Note: the figures provided in the tables in sections 5.1 and 5.2 below are used to calculate the total market capitalisation of the
entity published by ASX from time to time. Please make sure you include in the relevant table each class of securities issued by
the entity.
If you have quoted CHESS Depository Interests (CDIs) issued over your securities, include them in the table in section 5.1 and
include in the table in section 5.2 any securities that do not have CDIs issued over them (and therefore are not quoted on ASX).
Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the
escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.
5.1 *Quoted +securities (total number of each +class of +securities quoted on ASX following
the +quotation of the +securities the subject of this application)
ASX security code and description Total number of +securities on
issue

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 15
WBC (Fully Paid Ordinary Shares) 3,668,591,808

WBCHBN (Series 2015-20 Fully Paid Senior
Fixed Rate Medium Term Notes)
4,250
WBCHBP (Series 2016-1 Fully Paid
Subordinated Floating Rate Medium Term
Notes)
7,000
WBCHBR (Series 2016-3 Fully Paid Senior
Fixed Rate Medium Term Notes)
5,000
WBCHBS (Series 2016-4 Fully Paid Senior
Floating Rate Medium Term Notes)
21,000
WBCHBX (Series 2017-1 Fully Paid Senior
Floating Rate Medium Term Notes)
23,500
WBCHBY (Series 2017-2 Fully Paid Senior
Fixed Rate Medium Term Notes)
2,500
WBCHCC (Series 2017-5 Fully Paid Senior
Floating Rate Medium Term Notes)
23,750
WBCHCD (Series 2017-6 Fully Paid Senior
Fixed Rate Medium Term Notes)
3,000
WBCHCF (Series 2018-1 Fully Paid
Subordinated Floating Rate Medium Term
Notes)
2,500
WBCHCH (Series 2018-2 Fully Paid Senior
Floating Rate Medium Term Notes)
23,500
WBCHCI (Series 2018-3 Fully Paid Senior Fixed
Rate Medium Term Notes)
2,500
WBCHCJ (Series 2018-4 Fully Paid Senior Fixed
Rate Medium Term Notes)
500
WBCHCK (Series 2018-5 Fully Paid
Subordinated Floating Rate Medium Term
Notes)
7,250
WBCHCL (Series 2018-6 Fully Paid Senior Fixed
Rate Medium Term Notes)
500
WBCHCN (Series 2018-8 Fully Paid Senior
Floating Rate Medium Term Notes)
15,000
WBCHCO (Series 2018-9 Fully Paid Senior
Fixed Rate Medium Term Notes)
3,000
WBCHCP (Series 2018-10 Fully Paid Senior
Floating Rate Medium Term Notes)
24,500
WBCHCQ (Series 2019-1 Fully Paid Senior
Fixed Rate Medium Term Notes)
400
WBCHCR (Series 2019-2 Fully Paid Senior
Floating Rate Medium Term Notes)
19,000
WBCHCS (Series 2019-3 Fully Paid Senior
Fixed Rate Medium Term Notes)
3,500
WBCHCT (Series 2019-4 Fully Paid Senior
Floating Rate Medium Term Notes)
15,000

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 16
WBCHCU (Series 2019-5 Fully Paid Senior
Floating Rate Medium Term Notes)
17,000
WBCHCV (Series 2019-6 Fully Paid Senior
Fixed Rate Medium Term Notes)
3,000
WBCHCW (Series 2019-7 Fully Paid
Subordinated Floating Rate Medium Term
Notes)
10,000
WBCHCY (Series 2020-1 Fully Paid Senior
Floating Rate Medium Term Notes)
428
WBCHCZ (Series 2020-2 Fully Paid Senior
Floating Rate Medium Term Notes)
500
WBCHDA (Series 2020-3 Fully Paid Senior
Floating Rate Medium Term Notes)
500
WBCHDB (Series 2020-4 Fully Paid Senior
Floating Rate Medium Term Notes)
500
WBCHDC (Series 2020-5 Fully Paid Senior
Floating Rate Medium Term Notes)
500
WBCHDD (Series 2020-6 Fully Paid Senior
Floating Rate Medium Term Notes)
1,000
WBCHDE (Series 2020-7 Fully Paid Senior
Floating Rate Medium Term Notes)
500
WBCPE (Westpac Capital Notes 2) 13,105,705
WBCPF (Westpac Capital Notes 3) 4,584,547
WBCPG (Westpac Capital Notes 4) 17,020,534
WBCPH (Westpac Capital Notes 5) 16,903,383
WBCPI (Westpac Capital Notes 6) 14,230,580
WBCPJ (Westpac Capital Notes 7) 17,229,363
WBCHBH (Series 1187 AUD350,000,000 Fixed Rate Subordinated Instruments) –
due March 2027
WBCHBK (Series 1198 SGD325,000,000 Fixed Rate Subordinated Instruments) –
due August 2027
WBCHBO (Series 1227 USD100,000,000 Fixed Rate Subordinated Instruments) –
due February 2046
WBCHBT (Series 1267 JPY10,000,000,000 Fixed Rate Subordinated Instruments) – due
June 2026
WBCHBU (Series 1269 AUD175,000,000 Fixed Rate Subordinated Instruments) –
due June 2028
WBCHBZ (Series 1331 HKD600,000,000 Fixed Rate Subordinated Instruments) –
due July 2027
WBCHCA (Series 1333 AUD350,000,000 Fixed Rate Subordinated Instruments) –
due August 2029
WBCHCE (Series 1361 AUD185,000,000 Fixed Rate Subordinated Instruments) –
due February 2048
WBCHCG (Series 1371 AUD130,000,000 Fixed Rate Subordinated Instruments) –
due March 2048

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 17
WBCHDF (Series 1462 EUR1,000,000,000 Fixed Rate Subordinated Instruments) – due
May 2031

5.2 *Unquoted +securities (total number of each +class of +securities issued but not quoted
on ASX):
ASX security code and description Total number of +securities on issue
Westpac Performance Plan

Westpac Long Term Variable Reward Plan
995,534

3,660,599
USD1.25 billion 5.00% Fixed Rate Resetting Perpetual
Subordinated Contingent Convertible Securities

Part 6 – Other Listing Rule requirements
The questions in this Part should only be answered if you are an ASX Listing (ASX Foreign Exempt Listings and ASX Debt
Listings do not need to complete this Part) and:
- your response to Q2.1 is “Being issued under a dividend/distribution plan” and the response to Q2.2b.2 is “No”; or
- your response to Q2.1 is “Other”.
Note that if your response to Q2.1 is “Being issued as part of a transaction or transactions previously announced to the market
in an Appendix 3B”, it is assumed that you will have provided the information referred to in this Part in the Appendix 3B.
Question
No.
Question Answer
6.1 *Has the entity obtained, or is it obtaining,
+security holder approval for the issue
under listing rule 7.1?
N/A
6.1a *Date of meeting or proposed meeting to
approve the issue under listing rule 7.1
Answer this question if the response to Q6.1 is “Yes”.
N/A
6.1b *Are any of the +securities being issued
without +security holder approval using the
entity’s 15% placement capacity under
listing rule 7.1?
Answer this question if the response to Q6.1 is “No”.
N/A
6.1b.1 *How many +securities are being issued
without +security holder approval using the
entity’s 15% placement capacity under
listing rule 7.1?
Answer this question if the response to Q6.1 is “No”
and the response to Q6.1b is “Yes”.
Please complete and separately send by email to your
ASX listings adviser a work sheet in the form of
Annexure B to Guidance Note 21 confirming the entity
has the available capacity under listing rule 7.1 to
issue that number of securities.
N/A
6.1c *Are any of the +securities being issued
without +security holder approval using the
entity’s additional 10% placement capacity
under listing rule 7.1A (if applicable)?
Answer this question if the response to Q6.1 is “No”.
N/A
6.1c.1
*How many +securities are being issued
without +security holder approval using the
entity’s additional 10% placement capacity
under listing rule 7.1A?
N/A

This appendix is not available as an online form Appendix 2A
Please fill in and submit as a PDF announcement Application for quotation of +securities
+ See chapter 19 for defined terms
31 January 2020 Page 18
Answer this question if the response to Q6.1 is “No”
and the response to Q6.1c is “Yes”.
Please complete and separately send by email to your
ASX listings adviser a work sheet in the form of
Annexure C to Guidance Note 21 confirming the entity
has the available capacity under listing rule 7.1A to
issue that number of securities.
Introduced 01/12/19, amended 31/01/20

EXECUTION VERSION
267708999v .4
PROHIBITION OF SALES TO EEA RETAIL INVESTORS – The Subordinated Instruments are not intended
to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made
available to any retail investor in the European Economic Area (“EEA”). For these purposes, a retail investor
means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive
2014/65/EU (as amended, “MiFID II”); or (ii) a customer within the meaning of Directive (EU) 2016/97,
where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of
Mi FID II. Consequently no key information document required by Regulation (EU) No 1286/2014 (as
amended, the “PRIIPs Regulation”) for offering or selling the Subordinated Ins truments or otherwise
making them available to retail investors in the EEA has been prepared and therefore offering or selling the
Subordinated Instruments or otherwise making them available to any retail investor in the EEA may be
unlawful under the PRIIPs Regulation.
PROHIBITION OF SALES TO UK RETAIL INVESTORS – The Subordinated Instruments are not intended
to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made
available to any retail investor in the United Kingdom (“UK”). For these purposes, a retail investor means a
person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No
2017/565 as it forms part of domestic law in the UK by virtue of the European Union (Withdrawal) Act 2018
(“EUWA”); or (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act
2000 (UK) (“FSMA”) and any rules or regulations made under the FSMA to implement Directive (EU)
2016/97 in the UK, where that customer would not qualify as a professional client, as defined in point (8) of
Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law in the EUWA. Consequently
no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic law in
the UK by virtue of the EUWA (the “UK PRIIPs Regulation”) for offering or selling the Subordinated
Instruments or otherwise making them available to retail investors in the UK has been prepared and
therefore offering or selling the Subordinated Instruments or otherwise making them available to any retail
investor in the UK may be unlawful under the UK PRIIPs Regulati on.
MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGI BL E
COUNTERPARTI ES ONLY TARGET MARKET – Solely for the purposes of the manufacturer’s product
approval process, the target market assessment in respect of the Subordinated Instruments has led to the
conclusion that: (i) the target market for the Subordinated Instruments is eligible counterparties and
professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the Sub ordi nated
Instruments to eligible counterparties and professional clients are appropriate. Any person subsequently
offering, selling or recommending the Subordinated Instruments (a “distributor”) should take into
consideration the manufacturer’s target market assessment; however, a distributor s ubject to MiFID II is
responsible for undertaking its own target market assessment in respect of the Subordinated Ins truments
(by either adopting or refining the manufacturer’s target m arket assessment) and determining appropriate
distribution channels.
UK MIFIR PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ELIGI BL E
COUNTERPARTIES ONLY TARGET MARKET – Solely for the purposes of each manufacturers’ product
approval process, the target market assessment in respect of the Subordinated Instruments has led to the
conclusion that: (i) the target market for the Subordinated Instruments is only eligible counterparties, as defined
in the FCA Handbook Conduct of Business Sourcebook (“COBS”), and professional clients, as defined in
Regulation (EU) No 600/2014 as it forms part of domestic law in the UK by virtue of the EUWA (“UK MiFIR”);
and (ii) all channels for distribution of the Subordinated Instruments to eligible counterparties and professional
clients are appropriate. Any person subsequently offering, selling or recommending the Subordinated
Instruments (a “distributor”) should take into consideration the manufacturers’ target market assessment;
however, a distributor subject to the FCA Handbook Product Intervention and Product Governance

267708999v .4
2
Sourcebook (the “UK MiFIR Product Governance Rules”) is responsible for undertaking its own target
market assessment in respect of the Subordinated Instruments (by either adopting or refining the
manufacturers’ target market assessment) and determining appropriate distribution channe ls.
NOTIFICATIO N UNDER SECTION 309B OF THE SECURITIES AND FUTURES ACT, CHAPTER 289 OF
SINGAPORE – The Subordinated Instruments are prescribed capital markets products (as defined in the
Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products
(as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-
N16: Notice on Recommendations on Investment Products).
NOTICE TO CANADIAN INVESTORS: No prospectus has been filed with any securities com mission or
similar regulatory authority in Canada in connection with the offer and sale of the Subordinated Instruments.
No securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon
the Information Memorandum or this Pricing Supplement (collectively, the “Offering Documents”) or on the
merits of the Subordinated Instruments and any representation to the contrary is an offence. The offer and
sale of the Subordinated Instruments in Canada is being made on a private placement basis only and is
exempt from the requirement that the Issuer prepares and files a prospectus under applicable Canadian
securities laws. Securities legislation in certain provinces of Canada may provide a purchaser with remedies
for rescission or damages if the Information Memorandum (including any amendment thereto) or this Pricing
Supplement contains a misrepresentation, provided that the remedies for rescission or damages are
exercised by the purchaser within the time limit prescribed by the securities legislation of the purchaser’s
province. The purchaser should refer to any applicable provisions of the securities legislation of the
purchaser’s province for particulars of these rights or consult with a legal advisor. Upon receipt of this
document, each Canadian purchaser hereby confirms that it has expressly requested that all documents
evidencing or relating in any way to the sale of the securities described herein (including for greater certainty
any purchase confirmation or any notice) be drawn up in the English language only. Par la réception de ce
document, chaque acheteur canadien confirme par les présentes qu’il a expressément exigé que tous les
documents faisant foi ou se rapportant de quelque manière que ce soit à la vente des valeurs mobilières
décrites aux présentes (incluant, pour plus de certitude, toute confirmation d’achat ou tout avis) soient
rédigés en anglais seulement.
THIS PRICING SUPPLEMENT HAS BEEN ISSUED IN RESPECT OF INSTRUMENTS WHICH ARE NOT
ADMITTED TO THE OFFICIAL LIST OF THE UK FINANCIAL CONDUCT AUTHORITY OR TO ANY
OTHER EUROPEAN ECONOMIC AREA REGULATED MARKET OR OFFERED TO THE PUBLIC IN THE
EUROPEAN ECONOMIC AREA FOR THE PURPOSES OF THE REGULATION (EU) 2017/1129 (AS
AMENDED) (THE “PROSPECTUS REGULATION”) . THIS PRICING SUPPLEMENT HAS NOT BEEN
REVIEWED OR APPROVED BY THE UK FINANCIAL CONDUCT AUTHORITY AND DOES NOT
CONSITUTE A BASE PROSPECTUS FOR THE PURPOSES OF THE PROSPECTUS REGULATION.

267708999v .4
3
PRICING SUPPLEMENT
Series No.: 1462
Tranche No.: 1
W ES TPAC BANKING CORPORATION ABN 33 007 457 141
Programme for the Issuance of Debt Instruments
Issue of
EUR1,000,000,000
Fixed Rate Subordinated Instruments due 13 May 2031
by Westpac Banking Corporation
Legal Entity Identifier (LEI): EN5TNI6CI43VEPAMHL14
This document constitutes the Pricing Supplement relating to the issue of Subordinated Instruments
described herein. Terms used herein shall be deemed to be defined as such for the purposes of the Terms
and Conditions (the “Conditions”) set forth in the Information Memorandum dated 11 November 2020, as
supplemented (the “Information Memorandum”). This Pricing Supplement must be read in conjunction
with the Information Memorandum.
Full information on the Issuer and the Subordinated Instruments described herein is only available on the
basis of a combination of this Pricing Supplement and the Information Memorandum. The Information
Memorandum is available for viewing at Camomile Court, 23 Camomile Street, London EC3A 7LL, United
Kingdom and copies may be obtained from the Specified Offices of the Paying Agents.
Part A: Contractual Terms
The Subordinated Instruments being purchased have the following terms:
1 Issuer :
Westpac Banking Corporation, acting through its
head office
2 Date of Board Approval of the Issuer :
Not applicable, save as discussed in Section 2 of
the “General Information” section of the
Information Memorandum
3 Status : Subordinated
The primary method of loss absorption is
Conversion, subject to possible Write-off in
accordance with Condition 5.3.
For the purposes of:

267708999v .4
4
•Condition 6.1, the formula to be used for
calculating the Conversion Number, P is
0.99; and
•Condition 6.10(b), the Clearing System
Cut-off Date is 10 Busin ess D a ys p rior to
the Non-Viability Trigger Event Date.
4 Specified C u r re ncy:
(i) of denominatio
n
(ii) of payment
:
:
Eu
ro (“EUR”)
EUR
5 Aggregate Principal Amount of Tranche : EUR1,000,000,000
6 Aggregate Principal Amount of Series : EUR1,000,000,000
7
If interchangeable with existing Series,
Series No.
: Not applicable
8 Issue Date : 13 May 2021
9 Interest Commencement Date : Issue Date
10 Iss ue Price :
100 per cent. of the Aggregate Principal Amount
of Tranche
11 Maturity Date :
13 May 2031, subject to adjustment in
accordance with the Business Day Convention
specified at paragraph 21(vii)
12 Total Expenses related to admission to
trading
: Not applicable
13 Form of Subordinated Instruments: : Bearer
(i) Initially represented by a Temporary
Global Instrument or Permanent
Global Instrument
:
Temporary Global Instrument
(ii) Temporary Global Instrument
exchangeable for a Permanent
Global Instrument or for Definitive
Subordinated Ins truments
:
Yes. The Exchange Date shall be no earlier than
40 days after the Issue Date

267708999v .4
5
(iii) Specify date (if any) from which
exchanges for Registered
Subordinated Instruments will be
made:
Not applicable
(i v)Permanent Global Instrument
exchangeable at the option of the
bearer for Definitive Subordinated
Instruments
:
No. Permanent Global Instruments are only
exchangeable for Definitive Subordinated
Instruments in the limited circumstances set out
in Conditions 2.5(a) and (b)
(v)Talons for future Coupons to be
attached to Definitive Subordinated
Instruments
:
No
14 If issued in registered form: : Not applicable
15 Denomination :
EUR100,000 and integral multiples of EUR1,000
in excess thereof
16 Calculation Amount
EUR1,
000
17 Type of Subordinated Ins trument(s ) : Fixed Rate Reset Subordi nated Ins trumen ts
18 Interest :
0.766 per cent. per annum Fixed Rate subject to
reset to the Reset Rate
(further particulars specified below)
19 Change of interest basis :
Not applicable
20 Fixed Rate Subordinated Ins truments : Not applicable
21 Fixed Rate Reset Subordinated
Instruments Provisions
: Applicable
(i)Initial Rate of Interest: 0.766 per cent. per annum payable annually in
arrear for the period from (and including) the Issue
Date up to (but excluding) the Interest Payment
Date scheduled to fall on 13 May 2026 (the “Early
Redemption Date (Call)”).
(ii )Fi
xed Rate Reset Date(s): Early Redemption Date (Call)
(iii
)Reset Rate(s):
A fixed rate per annum equal to the sum of (i) the
Reset Reference Rate and (ii) the R eset
Reference Rate Spread, payable annually i n
arrear for the period from (and including) the
Early Redemption Date (Call)
up to (but
excluding) the Maturity Date.
(iv )Reset Reference Rate: Mi d-Market Swap Rate

267708999v .4
6
- Mid -Market Swap Rate: The arithmetic mean of the bid and offered rates
for the annual fixed leg (calculated on a 30/360
day count basis) of a fixed-for-floating euro
interes t rate swap transaction which: (i) has a term
of fi ve
years; (ii) is in an amount that is
representative of a single transaction in the
relevant market at the relevant time with an
acknowledged dealer of good credit in the swap
market; and (iii) has a floating leg based on a six-
month EURIBOR (calculated on an Actual/360
day count basis), appearing on the Relevant
Screen Page at the Reset Rate Time on the Reset
Determination Date, as deter
mined by the
Calculation Agent.
- Relevant Screen Page: Bloomberg page “EUAMDB05 Index” (or such
other page as may replace such page on that
service, or such other page as may be determined
by the Calculation Agent for purposes of
displaying comparable rates).
- Reset Reference Rate Spread:
1.05 per cent. per annum, being the difference
between the Initial Rate of Interest and the 5-year
EUR mid-market swap rate of - 0.284 per cent.
per annum determined at the time of pricing on 6
May 2021.
(v)Interest Payment Dates:
13 Ma y of each year commencing on 13 Ma y
2022
up to and including the Maturity Date,
subject to adjustment in accordance with the
Business Day Convention specified at paragraph
21(vii) below
(vi) Interest Period End Date(s):
13 Ma y of each year commencing on 13 Ma y
2022 up to and including 13 May 2031
(vii ) Applicable Business Day Convention
- for Interest Payment Dates:
- for Interest Period End Dates:
- for Maturity Date:
- any other date:
:
Following Business Day Convention
No adjustment
Following Business Day Convention
No adjustment
(viii )Additional Business Centre(s): New York, London and Sydney
For the avoidance of doubt, in addition to the
Additional Business Centres noted above,
TAR GE T Settlement Day is au tomaticall y i n cluded
as an Additional Business Centre for the purpose
of the definition of “Business Day” in Condition 1.1

267708999v .4
7
(ix)Fixed Coupon Amount up to (but
excluding) the Fixed Rate Reset
Date
: EUR7.66 pe r C a l cul ati on Am ount
(x)Broken Am ount(s): Not applicable
(xi )Day Count Fraction: Actual/Actual (ICMA)
(
xii)
R
eset Determination Date(s):
The second Reset Business Day immediately
preceding the Early Redemption Date (Call),
where “Reset Business Day” means a day on
which commercial banks and foreign exchange
markets settle payments and are open for general
business (including dealing in foreign exchange
and foreign currency deposits) and which is a
TARGET Settlement Day.
(
xiii) Reset Rate Time: 11:00 a.m. (Frankfurt tim e)
22 Floating Rate Subordinated Instruments : Not applicable
23
Final Redemption Amount of each
Subordinated Instrument
: EUR1,000 per Calculation Amount
24
Early Redemption at the option of the
Issuer (Call)
:
Condition 8.3 is applicable, but only in respect of
the Interest Payment Date scheduled to fall on 13
May 2026
(i
) Early Redemption Date (Call): Interest Payment Date scheduled to fall on 13 Ma y
2026
(ii) Early Redemption Amount (Call) of
each Subordinated Instrument
: EUR1,000 per Calculation Amount
(
iii) Series redeemable in part: The Issuer may redeem all or some Subordinated
Instruments at its discretion under Condition 8.3
(
i v)Notice period(s): As set out in Condition 8.7
(v)Specify any additional conditions to
exercise of the call option
: Not applicable
25 Early Redemption (Adverse Tax Event)
C
ondition 8.4 is applicable
(i
) Early Redemption Amount (Adverse
Tax Event) of each Subordinated
Instrument
: EUR1,000 per Calculation Amount
(
ii) Series redeemable in part: Not applicable
(
iii) Notice period(s): As set out in Condition 8.7

267708999v .4
8
(i v) Specify any additional conditions to
exercise of option
: Not applicable
26 Early Redemption (Regulatory Event) Condition 8.5 is applicable

(i) Early Redemption Amount
(Regulatory Event) of each
Subordinated Ins trument
: EUR1,000 per Calculation Amount
(ii) Series redeemable in part : Not applicable
(iii) Notice period(s) : As set out in Condition 8.7
(i v) Specify any additional conditions to
exercise of option
: Not applicable
27 Early Termination (Event of Default) : Condition 11 is applicable
Early Termination Amount : EUR1,000 per Calculation Amount
28 Taxation : Condition 10.1 is applicable
29 Other terms and conditions : Not applicable
30 Lead Managers :
Barclays Capital Asia Limited, BNP Paribas,
HSBC Bank plc, Société Générale, UBS AG
London Branch, Westpac Banking Corporation
31 Relevant Dealers : Lead Managers
32 Paying Agent(s) : As set out in the Information Memorandum
33 Calculation Agent : Fiscal Agent
34 Notices : Condition 16 applies
35 U.S. selling restrictions :
Regulation S Category 2 restrictions apply to the
Subordinated Instruments
Not Rule 144A eligible
TEFRA D Rules apply to the Subordinated
Ins trum ents

W ESTPAC BANKING CORPORATION By:
Name:
Date: May 2021

WESTPAC BANKING CORPORATION
By:
[Signature page to Pricing Supplement]
Name: Alexander Bischoff, Head of Balance Sheet Management and Global Funding
Date: 11 May 2021

267708999v .4
9
Part B: Other Information
1. Listing : Yes. it is intended that the Subordinated
Instruments will be listed on the Australian
Securities Exchange’s wholesale Interest Rate
Securities Market.

2. Ratings : S&P Global Ratings Australia Pty Lim ited: BBB+
Moody’s Investors Service Pty Limited: Baa1( h yb )
Neither S&P Global Ratings Australia Pty Limited
nor Moody’s Investors Service Pty Limited is
established in the European Union or has applied
for
registration under Regulation (EU) No.
1060/2009, as amended (the “CRA Regulation”).
However, S&P Global Ratings Australia Pty
Limited is endorsed by S&P Global Ratings
Europe Limited and Moody’s Investors Service Pty
Limited is endorsed by Moody’s Deutschland
GmbH. S&P Global Ratings Europe Limited and
Moody’s Deutschland GmbH are both established
in the European Union and registered under the
CRA Regulation.
Neither S&P Global Ratings Australia Pty Limited
nor Moody’s Investors Service Pty Limited is
established in the United Kingdom or has applied
for registration under Regulation (EC) No.
1060/2009 as it forms part of domestic law of the
United Kingdom by virtue of the European Union
(Withdrawal) Act 2018 (the “
UK CRA
Regulation”). However, S&P Global R atings
Australia Pty Limited is endorsed by S&P Global
Ratings UK Limited and Moody’
s Investors
Service Pty Limited is endorsed by Moody’s
Inves tors Service Limited. S&P Global Ratings UK
Limited and Moody’
s Investors Service Limited are
both established in the United Kingdom and
registered under the UK CRA Regulation.

3. Interests of natural and legal persons
involved in the issue
:
Save as discussed in the “Subscription and Sale”
section of the Information Memorandum, so far as
the Issuer is aware, no person involved in the offer
of the Subordinated Instruments has an interest

267708999v .4
10
material to the offer.
4. Reasons for the offer
Reasons for the offer and use of proceeds : The net proceeds of the issue of the Subordinated
Instruments will be used as described in Annex 2
to this Pricing Supplement.
5. Operational Information
(i) ISIN : XS2342206591
(ii) Common Code : 234220659
(iii) CFI : DTFUFB
(i v) FISN : WESTPAC BANKING/1EMTN 20310513
(v) Common Depository/Lodging Agent : The Bank of New York Mellon

(vi ) Any Clearing System other than
Euroclear and Clearstream,
Luxembourg
: Not applicable
(vii) CMU Service Ins trument Number: Not applicable
(viii) Settlement procedures
Customary medium term note settlement and
payment procedures apply
6. Other
(i) Dis tribution of Inform ation
Memorandum
: See pages 1 to 4 and the “Subscription and Sale”
section of the Information Memorandum
(ii) Other selling restrictions : See the “Subscription and Sale” section of the
Information Memorandum; and
Canada
In Canada, the Subordinated Ins truments may
only be sold in each of the provinces of C a nada,
other than Prince Edward Island, to purchasers
who are, or who are deemed to be (i) pu rchasing,
as principal,
in accordance with Canadian
securities laws, for investment only and not with a
view to resale or redistribution, (ii) accredited
investors, as defined in National Instrument 45-
106 Prospectus Exemptions or subsection 73.3(1)
of the Securities Act (Ontario), and (iii) permitted
clients, as defined in section 1.1 of N ati onal
Instrument 31-103 Registration Requirements,
Exemptions and Ongoing Registrant Obligations.

267708999v .4
11
Any resale of the Subordinated Ins truments must
be made in accordance with an exemption from,
or in a transaction not subject to, the prospectus
requirements of applicable securities laws.
Westpac Banking Corporation will not be
acting as an underwriter in connection with
any distribution of the securities described
herein in Canada.

(iii) Stabilisation Manager : Not applicable
(i v) Other amendments : Applicable
See Annex 1 and 2 to this Pricing Supplement. For
the avoidance of doubt:
(a) a failure by the Issuer to comply with the
Climate Bonds Standard;
(b) a failure by the Issuer to u s e an amount
equal to the net proceeds of the issue of
the Subordinated Instruments to finance
or refinance Nominated Projects;
(c) a failure by the Issuer to obtain and
provide annual reports from a third-pa rty
assurance provider or to provide periodic
impact reports; or
(d) any revision or withdrawal of any opinion,
assurance or certification of the
Subordinated Instruments or any periodic
report,

will not constitute an Event of Default under the
Conditions of the Subordinated Instrum ents or
require the early repayment of the Subordinated
Ins trum ents.

.

(v) Additional disclosure :
Please see Annex 1 and Annex 2 to this Pricing
Supplement.

267708999v .4
12
ANNEX 1 TO THE PRICING SUPPLEMENT
Financial information: incorporation by reference of Interim Financial Report
On 3 May 2021,
Westpac released its Interim Financial Report containing the unaudited consolidated
interim financial statements (including the auditor’s review report thereon and the notes thereto) as at
and for the six-month period ended 31 March 2021, as set out on pages 98 to 134 (inclusive) of the
Interim Financial Report. By virtue of this Pricing Supplement, pages 98 to 134 (inclusive) of the Interim
Financial Report are incorporated in and form part of this Pricing Supplement, and are thereby
incorporated in and form part of the Information Memorandum.
Any information in the Interim Financial Report which is not incorporated in and does not form part of
this Pricing Supplement and therefore is not incorporated in and does not form part of the Information
Memorandum is not relevant for investors or is contained elsewhere in the Information Memorandum.
Addition to Significant Developments
The Significant Developments set out on pages 170 – 181 of the Information Memorandum are, for
the purposes of the Subordinated Instruments, amended to include the following:
Westpac acknowledges ASIC proceedings
On 5 May 2021, Westpac acknowledged ASIC’s filing of civil proceedings alleging that
Westpac engaged in insider trading and unconscionable conduct, and had failed to comply
with its Australian Financial Services License obligations.
The allegations relate to interest rate hedging activity undertaken during the course of
Westpac’s involvement in the 2016 Ausgrid privatisation transaction.
Westpac takes these allegations very seriously and is considering its position having just
received the Originating Application and Concise Statement of Claim.
Additions to risk factors
The Risk Factor entitled “Certain strategic decisions may have adverse effects on Westpac's
business” shall be amended for the purposes of the Subordinated Instruments by the addition of the
following paragraph, at page 35 of the Information Memorandum, immediately prior to the paragraph
which reads “There are also risk s involved in failing to appropriately respond to changes in the
business environment (including changes related to economic, geopolitical, regulatory, technological,
environmental, social and competitive factors). This could have a range of adverse effects on Westpac,
such as being unable to increase or maintain mark et share and placing pressure on margins and
fees.”:
If the Westpac Group decides to pursue the demerger of its New Zealand business there is
a risk that the demerger does not proceed due to a range of factors including it not being
approved by shareholders, regulators or the Court and, if it did occur, a number or risks could
arise including that the combined market value of the two entities could be less than the
market value of Westpac before the demerger, a loss of diversification benefits, a loss of
customers, increased costs from separating the businesses, changes in regulatory capital
l e vels for both the Westpac Group and WNZL and it is likely that credit ratings for WNZL

267708999v .4
13
would be negatively impacted due to the removal of implicit financial support by the Westpac
Group which could increase borrowing costs and impact liquidity levels.
The Risk Factors set out on pages 15 – 57 of the Information Memorandum are, for the purposes of
the Subordinated Instruments, amended to include the following:
There can be no assurance by the Issuer or any Manager that the use of an amount
equal to the net proceeds of the i ssu e of the Subordinated Instruments will be suitable
for the investment criteria of an investor
Prospective investors in the Subordinated Instruments should refer to the information set forth
under Annex 2 to this Pricing Supplement and make such other investigation such investor
deems necessary in order to determine the suitability of an investment in the Subordinated
Instruments. The use of an amount equal to the net proceeds of the issue of the Subordinated
Ins truments, to finance or refinance any Nominated Projects (as defined in Annex 2 to this
Pricing Supplement) may not satisfy, either in whole or in part, any present or future investor
expectations or requirements with respect to any investment criteria or guidelines with which
that investor or its investments are required to comply, whether by any present or future
applicable law or regulation or by its own governing documents or investment portfolio
mandates, in particular with regard to any direct or indirect environmental, sustainability or
social impact of any projects or uses, that are the subject of or related to the relevant
Nominated Projects. Furthermore, there is currently no clear definition (legal, regulatory or
otherwise) of, or market consensus as to what constitutes, a “green”, “environmentally
sustainable”, “social”, “ climate change solution” or equivalently-labelled project or as to the
attributes that are required for a particular project to be defined as such. A clear definition or
consensus may not develop over time. The Issuer has a Green Bond Framework relating to
its commitment to invest in “climate change solutions” and equivalently-labelled projects,
however, the Issuer may revise or terminate that framework at any time. Accordingly, projects
or uses that are the subject of, or related to, any of the Nominated Projects may not meet any
or all investor expectations with respect to “green”, “environmentally sustainable”, “social”,
“climate change solution” or other equivalently-labelled performance objectives. Adverse
environmental, social and/or other impacts may occur during the implementation of the
projects or uses that are the subject of, or related to, any Nominated Projects or the projects
or uses may become controversial or criticised by activist groups or other stakeholders.
Pending allocation of the net proceeds of the issue of the Subordinated Instruments to finance
or refinance, in whole or in part, one or more Nominated Projects, or in the event that the value
of all available Nominated Projects falls below the amount of the net proceeds of all Green
Bonds on issue, including the issue of the Subordinated Instruments, the Issuer will invest an
amount equal to the balance of those net proceeds in investment instruments that are c ash or
cash equivalent instruments. The investment of those net proceeds may not satisfy, either in
whole or in part, any present or future investor expectations or requirements with respect to
any investment criteria or guidelines with which that investor or its investments are required
to comply, whether by any present or future applicable law or regulation or by its own
governing documents or investment portfolio mandates.
The Subordinated Instruments may not comply, or continue to comply, with the Climate
Bonds Standard and the Issuer has no contractual obligation to the Holders of any
Subordinated Instruments to maintain such compliance

267708999v .4
14
No assurance or representation can be given by the Issuer or any Manager as to the ability of
the Subordinated Instruments to comply, or to continue to comply, with the Climate Bonds
Standard (as described in Annex 2 to this Pricing Supplement) (including in circumstances
where the Issuer is unable to find any Nominated Projects or the dollar value of all available
Nominated Projects falls below the amount of the net proceeds of all Green Bonds on issue,
including the issue of the Subordinated Instruments), or as to the suitability or reliability of any
report provided by a third-party assurance provider. In addition, although Climate Bonds
Standard (version 3.0) aligns with the 2018 update of the Green Bond Principles published by
the International Capital Markets Association, the Climate Bonds Standard may not align with
any subsequent updates of the Green Bond Principles.
Furthermore, the Issuer is not contractually obliged to the Holders of the Subordinated
Instruments to use an amount equal to the net proceeds of the issue of the Subordinated
Instruments, to finance or refinance, in whole or in part, one or more Nominated Projects or to
comply with the Climate Bonds Standard, nor is it under any contractual obligation to obtain
or provide annual reports from a third-party assurance provider or to provide periodic impact
reports as described in Annex 2 to this Pricing Supplement. A failure by the Issuer to comply
with the Climate Bonds Standard, including a failure by the Issuer to use an amount equal to
the net proceeds of the issue of the Subordinated Instruments, to finance or refinance
Nominated Projects, a failure by the Issuer to obtain and provide annual reports from a third-
party assurance provider or to provide periodic impact reports or any revision or withdrawal of
any opinion, assurance or certification of the Subordinated Instruments or any periodic report
will not constitute an Event of Default under the Conditions of the Subordinated Instruments
or require early repayment of the Subordinated Instruments. Any such failure may have an
adverse effect on the value of the Subordinated Instruments or result in adverse
consequences for investors, particularly those investors with portfolio mandates to invest in
instruments the proceeds of which are to be used for a particular purpose.

267708999v .4
15
ANNEX 2 TO THE PRICING SUPPLEMENT
The Use of Proceeds section set out on page 164 of the Information Memorandum is, for the purposes
of the Subordinated Instruments, deleted and replaced with the following:
“The Issuer expects to use the net proceeds of the issue of the Subordinated Ins truments, to finance
or refinance, in whole or in part, Nominated Projects (as defined below) that meet the process for
evaluation and selection in accordance with the Issuer's “Westpac Green Bond Framework” dated

May 2021 and that fall into investment areas set forth in the Climate Bonds Standard. Such
Subordinated Instruments may also be referred to as “Green Bonds”.
Eligible Projects and Assets
Only bonds, including the Subordinated Instruments, the net proceeds of which are used to finance or
refinance, in whole or in part, projects and assets that qualify “Eligible Projects and Assets” under the
terms of the Climate Bonds Standard (as described below), can be referred to as Green Bonds.
The Climate Bonds Initiative (the “CBI”) is an international not-for -profit organisation which was
launched in December 2009. As part of its stated aim to promote large-scale investments that will
deliver a global low-carbon economy, CBI developed eligibility criteria for certain bonds known as the
Climate Bonds Standard.
“Eligible Projects and Assets” are projects or physical assets, or indebtedness incurred to finance
such projects or physical assets that contribute to the delivery of a low-carbon economy and satisfy
the prescribed eligibility criteria within the terms of the Climate Bonds Standard and Sector E ligibility
Criteria published by the CBI. The Eligible Projects and Assets with which the Subordinated
Instruments are associated, are defined as the “Nominated Projects”. These Nominated P roj ects are
determined by the Issuer (in its absolute discretion). The Nominated Projects as at 30 September 2020
are detailed in the Issuer’s Green Bond Impact Report dated May 2021 (the “Impact Report”).
Eligible Projects and Assets, as at the date of this Pricing Supplement, are aligned to the Green Bond
Principles categories below:
SDG
Alignment
Green Bond Principles Category and Corresponding Eligibility
Criteria
Renewable energy and energy efficiency


 Construction, operation and maintenance of renewable energy, including
solar, wind and hydropower.
1

 Construction, operation and maintenance of transmission lines, smart grids
and energy storage systems and facilities.
Clean transportation


 Construction, operation and maintenance of clean transportation
infrastructure and assets, including public transportation rolling stock (light
passenger rail and electrified buses), networks
and stations.
 Improvements, upgrades and expansion of clean transportation
infrastructure.
Green buildings


 Construction or operation of energy efficient commercial buildings with
minimum 5-star NABERS rating or equivalent under other national or
international energy performance rating agency.
2


1

Limited to maximum capacity of 25MW
2

For green bond certification requirement under the CBI Standard, the requirement is for the building to be below the city
emissions performance benchmark. This emission footprint baseline of the city represents the top 15% for carbon intensity
(kg CO 2-e/m2).

267708999v .4
16
 Retrofit and renovation of commercial buildings with the purpose of
improved energy efficiency (eg. LED lighting, thermal insulation, heating
and cooling systems) that result in at least 30% energy efficiency savings.
 Construction of new or refurbished residential properties that meet the
Climate Bonds Standard criteria for Australian low carbon residential
buildings.
3

Sustainable water and waste water management



 Construction, operation and maintenance of sustainable water treatment
infrastructure, including clean drinking water and waste treatment systems.
 Activities which improve water quality, distribution efficiency and
conservation, including engineered water infrastructure for flood defence
and drought resilience.
Pollution prevention and control


 Construction, operation and maintenance of sustainable waste
management and prevention including recycling for metals, plastic and
paper or composting, source reduction and treatment to divert waste from
landfill.
Environmentally sustainable management of living natural resources and land use


 Management and operation of plantation and natural forests as certified
under the Forest Stewardship Council (FSC) framework.
 Production facilities incorporating efficient pulping processes.

In addition, the Green Bond Principles are a set of voluntary guidelines published by the International
Capital Markets Association for the issuance of green bonds. The Green Bond Principles are
coordinated by a committee of issuers, investors and intermediaries in the green bond market and are
intended to promote integrity in the green bond market through guidelines that recommend
transparency, disclosure and reporting. The Green Bond Principles have four components: (i) use of
proceeds for qualifying projects with environmentally sustainable benefits, (ii) disclosure and use of a
process for project evaluation and selection, (iii) management of proceeds through a formal process
to ensure they are allocated to qualifying projects and (iv) reporting on the allocation of such proceeds,
including on the projects for which funds have been used and their expected environmental impact.
The latest version of the Climate Bonds Standard (version 3.0) aligns with the 2018 update of the
Green Bond Principles.
Project Evaluation and Selection
The Nominated Projects are identified and selected via a Sustainable Finance Working Group,
comprised of participants from various functional areas within the Issuer including the Corporate and
Institutional Bank group, Sustainable Finance group and Group Treasury. The Sustainable Finance
Working Group evaluates and determines project eligibility against the prescribed eligibility criteria
under the terms of the Climate Bonds Standard.
Management of Proceeds
The Issuer intends to use an amount equal to the net proceeds of the issue of the Subordinated
Instruments to finance or refinance, in whole or in part, the Nominated Projects. For so long as the
Subordinated Instruments are outstanding, the Issuer’s internal records will show an amount equal to
the net proceeds of the issue of the Subordinated Instruments as allocated to the assets that the Issuer
classifies as Nominated Projects.
Pending allocation of an amount equal to the net proceeds of the issue of the Subordinated
Instruments to finance or refinance, in whole or in part, the Nominated Projects, or in the event that

3
The residential buildings criteria leverage local building codes and energy ratings/labels as a proxy for the carbon emissions
performance of the top 15% of residential buildings in a city

267708999v .4
17
the value of all available Nominated Projects falls below the amount of the net proceeds of all Green
Bonds on issue, including the issue of the Subordinated Instruments, the Issuer will invest an amount
equal to the balance of such net proceeds in investment instruments that are cash or cash equivalent
instruments.
Payment of principal and interest on the Subordinated Instruments will be made from the Issuer’s
general funds and will not be directly linked to the performance of the Nominated Projects.
The Issuer will review and update at least on a quarterly basis, the Nominated Projects to which an
amount equal to the net proceeds of the issue of the Subordinated Instruments, is allocated. Any
proceeds allocated to projects that have been sold, prepaid, amortised or otherwise become ineligible
shall be reallocated to other Nominated Projects.
Documents Available
Subject to applicable law, copies of the Green Bond Framework,
Impact Report and third-party
assurance provider’s independent reasonable assurance report (subject to any applicable consent
and confidentiality requirements) and periodic progress reports prepared by the Issuer may be
obtained from the Issuer’s website, at
https://www.westpac.com.au/about-westpac/investor-
centre/fixed-income-investors/green-bonds/. None of these documents or the contents of such
website are incorporated into, or form part of, either this Pricing Supplement or the Information
Memorandum.
Reporting
For so long as the Subordinated Instruments remain outstanding, the Issuer will retain a CBI-approved
third-party assurance provider to perform an assurance engagement in relation to the compliance of
its Green Bond Program, including the Subordinated Instruments, as at the relevant balance date with
the requirements of the Climate Bonds Standard and Sector Eligibility Criteria published by CBI.
Subject to the outcome of the assurance engagement, the third-party assurance provider will prepare
reports, on an annual basis, that will provide a reasonable assurance opinion on the matters referred
to above. The assurance engagement will be conducted in accordance with the Climate Bonds
Standard, as well as the Australian Standard on Assurance Engagements (ASAE3000) A ss urance
Engagements Other than Audits or Reviews of Historical Financial Information and the Australian
Standard on Assurance Engagements (ASAE 3100) Compliance Engagements issued by the Auditing
and Assurance Standards Board. The reports of the third-party assurance provider will be prepared
solely to comply with those Australian standards and not the standards or practices of any jurisdictions
outside Australia, including the United States of America.
Further, for so long as any Subordinated Instruments remain outstanding, the Issuer intends to provide
Holders of Subordinated Instruments with periodic reports, at least on an annual basis, on the use of
proceeds and expected environmental impact of each category of the Nominated Projects.
To the extent that reports of the third-party assurance provider or periodic impact reports are published
on the Issuer’s website, they (together with any other information included on the Issuer’s websi t e) are
not, and should not be deemed to be, a part of the Information Memorandum or this P ri c ing
Supplement. In addition, the Climate Bond Standard is not, and should not be deemed to be, a part of
the Information Memorandum or this Pricing Supplement.
Details of actual Nominated Projects with which Subordinated Instruments may be associated at any
given time may be subject to obligations of confidentiality that would preclude the Issuer from
disclosing t hos e details to Holders of the Subordinated Instruments. Investors should further note that
the Issuer may, at any time and from time to time, change the composition of its Nominated Projects.
Additional Nominated Projects may be added to, or used to substitute or replenish, the portfolio of
Nominated Projects.”