Westpac VIEWs over securities in WOW

Structured Investments
Level 11, Tower Two
International Towers Sydney
200 Barangaroo Avenue
Barangaroo NSW 2000

Telephone: 1800 990 107
www.westpac.com.au/structuredinvestments

24 June 2021


Mr Martin Dinh
Warrant Administration
Australian Securities Exchange
Level 6, 20 Bridge St
Sydney NSW 2000


Dear Mr Dinh,

Re: Westpac Vanilla Instalment Equity Warrants over securities in Woolworths Group Limited
(“WOW”) – Demerger of Endeavour Group Limited (“Endeavour”)

Westpac Banking Corporation (“Westpac”) as issuer of the following series of Westpac Vanilla
Instalment Equity Warrants (“Westpac VIEWs”) over securities in WOW, notifies of an adjustment to
the Completion Payment in respect of those Westpac VIEWs:

WOWIWO

On 18 June 2021 WOW shareholders approved the demerger of Endeavour from WOW under which
eligible shareholders will be entitled to receive one Endeavour share for each WOW share held on the
demerger record date of Friday 25 June 2021 (7:00pm AEST). Under the Terms of Issue of the above
Westpac VIEWs, Westpac has sold the Endeavour shares at an average price of $6.0056 per share.
As a result, holders of the Westpac VIEWs will have their Completion Payment reduced by $6.0056
per Westpac VIEW.

The new Completion Payment is effective from the date of this notice. The following Westpac VIEWs
will commence trading on an adjusted basis on 25 June 2021:


ASX Code
Previous
Completion
Payment
Proceeds of sale of
Endeavour shares
applied to reduce
Completion Pa
yment
New Completion
Payment
WOWSWA $36.5800 $6.0056 $30.5744


For further information please contact Westpac Structured Investments on 1800 990 107.

Capitalised terms not otherwise defined in this announcement have the same meaning as given in the
PDS.

This document has been authorised for release by Tim Hartin, General Manager & Company
Secretary.