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Westpac Self-Funding Instalments over securities in CWN

Operational Update12 April 2022WBCFinancials

Structured Investments
Level 11, Tower Two

International Towers Sydney

200 Barangaroo Avenue

Barangaroo NSW 2000


Telephone: 1800 990 107

www.westpac.com.au/structuredinvestments


12 April 2022


Mr Martin Dinh

Warrant Administration

Australian Securities Exchange

Level 6, 20 Bridge St

Sydney NSW 2000



Dear Mr Dinh


Re: Westpac Self-Funding Instalments over securities in Crown Resorts Limited (CWN)


Westpac Banking Corporation (“Westpac”) is the issuer of the following series of Westpac Self-

Funding Instalments (“Westpac SFIs”) over securities in CWN:


CWNSWB


On 29 March 2022, Crown Resorts Limited (“Crown”) announced that the Federal Court of Australia

had approved the convening of a scheme meeting and distribution of a scheme booklet pursuant to a

scheme of arrangement (“Scheme”) for the proposed acquisition of Crown by SS Silver II Pty Ltd, an

entity owned by funds managed or advised by Blackstone Inc. and its affiliates (“Blackstone BidCo”).


If the Scheme is approved and implemented, Blackstone BidCo will acquire all of the shares under the

Scheme for $13.10 cash per share (being the consideration for the Scheme). Crown will be delisted

from the ASX and become a wholly owned subsidiary of Blackstone BidCo.


Pursuant to clause 12.1(a)(i) of the Terms of Issue, Westpac has determined to fix an Accelerated

Completion Date for the above series of Westpac SFIs of 3 May 2022 at which time they will be

delisted.


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

Westpac SFIs Product Disclosure Statement.


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

Secretary.

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