Westpac Sustainability update

ASX Release


04 December 2024

Westpac Sustainability Update

Westpac Banking Corporation (“Westpac”) today provides the attached Westpac
Sustainability update.










For further information:

Hayden Cooper Justin McCarthy
Group Head of Media Relations General Manager, Investor Relations
0402 393 619 0422 800 321


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



Level 18, 275 Kent Street
Sydney, NSW, 2000

4 DECEMBER 2024
Westpac Banking Corporation ABN 33 007 457 141
MARKET UPDATE
SUSTAINABILITY

SUSTAINABILITY MARKET UPDATE - AGENDA
Westpac December 2024 Sustainability Update2
SUSTAINABILITY
STRATEGY PROGRESS
1
MICHAEL CHEN
Acting Chief Sustainability Officer
CUSTOMER
TRANSITION
2
ALASTAIR WELSH
Managing Director, Corporate &
Institutional Bank
CUSTOMER
VULNERABILITY
3
LISA POGONOSKI
General Manager, Customer Solutions
SUSTAINABILITY
REPORTING
4
ANDREW BOWDEN
ESG Disclosure and Reporting Officer

MICHAEL CHEN
ACTING CHIEF SUSTAINABILITY OFFICER

FY24 HIGHLIGHTS
1 Westpac joined the Net-Zero Banking Alliance (NZBA) in 2022.
13 targets set for all 9
emissions-intensive
sectors required under
our NZBA
commitment
1
$28.7bn in sustainable
finance lending
$13.7bn in bond facilitation
since the start of FY22
92% of shareholder
votes cast were in
favour of our Climate
Change Position
Statement
Released our
2nd Climate Report
75% of customer
hardship support
packages required just
3 months support
Engaged more than
150 institutional
customers on their
climate transition plans
Westpac December 2024 Sustainability Update
4

SUSTAINABILITY STRATEGY
1,2
1 This presentation contains ‘forward-looking statements’ and statements of expectation reflecting Westpac’s current views on future events. They are subject to change without notice and certain risks,
uncertainties and assumptions which are, in many instances, beyond its control. Please refer to the disclaimer at the back of this presentation. Further details on our commitments, targets and other supporting
information is contained in our 2024 Annual Report, Climate Report and Sustainability Index and Datasheet. 2 See our website for more information on our sustainability strategy: www.westpac.com.au/about-
westpac/sustainability/our-strategy/
THEMES
OBJECTIVES
FOUNDATIONS
PILLAR
OUR PURPOSE
Support in
good times
and bad
Simpler, safer
bank
Action on climate
and nature
Creating better futures together
Customer EasyExpert
Enhance
financial
inclusion
and equality
Strengthen
data security
and protection
Become
a net-zero,
climate
resilient bank
Become
a nature
positive bank
Equitable and
inclusive society
Advocate
Respect
and advance
human rights
Enable
diversity
and inclusion
Robust environment and
social risk management
Reliable data
and reporting
Integration and
organisational capability build
563124
Westpac December 2024 Sustainability Update5

Refer to the Climate Methodologies Supplement on our website for information about the methodologies used to estimate our operational and Group-financed emissions.
UNDERSTANDING OUR CARBON FOOTPRINT
Westpac December 2024 Sustainability Update
SCOPE 1:
Direct emissions from controlled facilities, including fleet fuels, refrigerants,
gas, diesel, LPG.
<0.1
SCOPE 3 FINANCED EMISSIONS:
Indirect emissions related to our lending. Share of customers’ scope 1 & 2 emissions.
>99
SCOPE 2:
Indirect emissions (market-based) from the generation of energy we have
purchased, including purchased electricity.
<0.1
SCOPE 3 UPSTREAM EMISSIONS:
Indirect emissions related to selected sources from our operations and supply
chain.
<0.5
% of TOTAL
6

Made progress
against our
2030 NZBA targets
FY24 Scope 1 and 2
emissions down
86%
from 2021 baseline
Delivering on the three elements of our Climate Action Plan
NET-ZERO, CLIMATE RESILIENT
OPERATIONS
COLLABORATE FOR IMPACT ON
INITIATIVES TOWARDS NET-ZERO
AND CLIMATE RESILIENCE
SUPPORTING CUSTOMERS’
TRANSITION TO NET-ZERO AND TO
BUILD THEIR CLIMATE RESILIENCE
OUR AMBITION:
TO BECOME
A NET-ZERO,
CLIMATE
RESILIENT BANK
OUR ACTION AREAS
7Westpac December 2024 Sustainability Update
This page contains ‘forward-looking statements’ and statements of expectation. Please refer to the disclaimer on page 30.
BECOMING A NET-ZERO, CLIMATE RESILIENT BANK

Conducting portfolio-level assessments
Identifying customer asset location to
establish a baseline of our nature footprint
Assessing physical risks
Better understanding the interactions between
our customers’ operations and nature
Targeted engagement with customers
Engaging customers on their approach to
nature-related risks and opportunities
BUILDING OUR UNDERSTANDING OF DEPENDENCIES,
IMPACTS, RISKS AND OPPORTUNITIES
CASE STUDY – GEOSPATIAL CAPABILITIES
Westpac December 2024 Sustainability Update
8
Map showing beef
grazing customer and
native forest intersection,
Queensland, Australia
Map showing Australian
Commercial Real Estate assets
APPROACH TO NATURE

Enhanced ESG tools led to
164 customer escalations
for further review on human rights
and modern slavery risks
Worked with suppliers to
close >100 priority action plans
addressing potential gaps in
their modern slavery approaches
9Westpac December 2024 Sustainability Update
Provided $77m in funding to
child safeguarding organisations
since 2020
Funding for Wiradjuri
Condobolin
Corporation to hold
weekly workshops for
children to engage
with their community
and share their culture
through storytelling
and dance.
As a lender to
businesses
As a lender to
individuals
As a purchaser of
goods and services
OUR ROLE AS A BANK
BETTER UNDERSTANDING OUR HUMAN RIGHTS RISKS AND ENHANCING DUE DILIGENCE
RESPECTING AND ADVANCING HUMAN RIGHTS

ALASTAIR WELSH
MANAGING DIRECTOR,
CORPORATE AND INSTITUTIONAL BANKING

SUPPORTING CUSTOMERS’ TRANSITION TO A LOW-EMISSIONS ECONOMY
TRANSITION PLANS ASSESSED BY SECTOR
Westpac December 2024 Sustainability Update
Developing banker skills to provide insights on transition best practice,
climate strategy and ESG trends.
ELEMENTSAREAS OF DISCLOSURE
Foundations
Risks and opportunities arising from the
transition to a low-emissions economy
Implementation
strategy
Business strategy, commitments to
emissions reduction initiatives and capital
allocation
Engagement
strategy
Engagement with value chain to target
Scope 3 emissions reduction
Metrics
Emissions reduction targets, use of offsets
and reporting
Governance
Board oversight of climate related issues
including links to remuneration
KEY COMPONENTS OF ASSESSMENT FRAMEWORK
24%
22%
14%
12%
10%
9%
6%
3%
Energy
Manufacturing
Property, construction
& health
Mining & metals
Transport
Utilities &
infrastructure
Agriculture
Consumer & retail
150+
CUSTOMERS
ENGAGED
11

•Grid decarbonisation uncertainties
•Electrification dependent on grid capacity
•Policy settings
•Supply of low carbon power purchasing
agreement (PPA)
•Availability of low carbon fuels
•84% have public climate transition plan
•Majority without transition plans were
private companies
• 92% have interim scope 1 and 2 targets
•66% have long term scope 1 and 2 targets
Westpac December 2024 Sustainability Update
CUSTOMER CLIMATE TRANSITION PLAN ASSESSMENTS
12
FINDINGS FROM 150 CUSTOMER ASSESSMENTSCHALLENGES CITED IN SETTING OR ACHIEVING TARGETS
2030 INTERIM TARGETS2050 LONG TERM TARGETS
52
41
8
% of customer with interim
scope 1 and 2 targets
Temperature aligned
1
No specified temperature alignment
No targets
25
15
60
% of customer with interim
scope 3 targets
38
28
22
12
% of customer with long term
net zero targets
Temperature aligned
1
No specified temperature alignment
No targets
Scope 1 & 2, by 2050
Scope 1, 2 & 3, by
2050 (or sooner)
Ambition, aim or support
No disclosure or
commitment
1 Based on customer claim.

OBSERVATIONS
ENERGY TRANSITION
A STRATEGIC
IMPERATIVE
NEED A RELIABLE,
AFFORDABLE
ENERGY SUPPLY
ENGAGEMENT AT
SENIOR LEVELS OF
BUSINESS
ENERGY EFFICIENCY
MAKES GOOD
BUSINESS SENSE
Westpac December 2024 Sustainability Update13

LISA POGONOSKI
GENERAL MANAGER,
CUSTOMER SOLUTIONS

•Support provided through COVID, floods, bushfires, and cost of living pressures
•Current number of calls to Customer Assist is lower than pre-COVID
Pre-
COVID
normal
Bush
firesCOVID peak periodFloodsCOVID Delta & OmicronCost of living and higher interest rates
CALLS TO CUSTOMER ASSIST SINCE SEPT 2019 (# MONTHLY)
0
20,000
40,000
60,000
80,000
Sep-19Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24
Westpac December 2024 Sustainability Update
SUPPORTING CUSTOMERS IN MOMENTS THAT MATTER
15

No matter the
circumstances,
Customer Assist has
a solution to help
customers navigate life’s
challenges and regain
financial stability.
Westpac December 2024 Sustainability Update
CUSTOMER ASSIST SOLUTIONS
Pathway
program
Debt
waiver
Term
extension
Shortfall
settlements
Immediate
vouchers for
everyday
expenses
Supported
Self-sale
Interestrate
reduction
Debt
reduction
Payment
arrangements
Nil/
Reduced
payments
Reconnect
withpurpose
Relocation
assistance
Voluntary
Surrender
Referral
out
Outreach
CUSTOMER
ASSIST
SOLUTION
SUITE
16
Ourmost usedsolutions
Recentlyintroduced
solutionsinresponseto
cost-of-livingpressures

Westpac December 2024 Sustainability Update
EMBEDDING SAFETY BY DESIGN
eLearning
Module
Videos of
vulnerable
customers’
lived-experience
PUTTING SAFETY BY DESIGN INTO PRACTICE
•Stopping abuse in transactions:
preventing inappropriate language in payment
descriptions. Proactively contacting perpetrators,
sometimes reporting them to law enforcement.
•Parental controls and child education:
adding push notifications, online payment
restrictions and daily payment limits for under
14 year olds on youth accounts.
•Power of attorney account monitoring:
flagging unusual transactions from accounts so our
specialist teams can step in and support
2024
Shared with industry
for free use
2023
Staff training
implemented
Terms and
Conditions updated
2022
Customer research
undertaken
Comprehensive
customer
vulnerability
personas
17
Industry-first toolkit launched and shared with peers to help prevent financial abuse
and build a safer online environment

Westpac December 2024 Sustainability Update
Alerts customers when there is a potential
account name mismatch when they’re adding
a new payee using a BSB and account number
18
WESTPAC VERIFYIN ACTION – EMAIL HACK SCAM STOPPED
Westpac’s systems and processes may not always be 100% effective and are subject to risks and other factors including those described in ‘Risk Management’ in the 2024 Annual Report and 2024
Risk Factors.
1 Since launching in Jun-24 to Sep-24
$1.7M
in customer scam losses
1

averted via Verify checks
House deposit payment details received in email
from real estate agent
Logged into online banking to make the payment
Verify name mismatch notification
Didn’t make payment
Real estate agent email had been hacked
SCAM VOLUMES REMAIN A CONCERN, OUR PRIORITY IS PROTECTING CUSTOMERS

Westpac December 2024 Sustainability Update
Presents customers with a series of questions
in instances where a payment is considered a
high risk of being a scam.
Places suspicious payments on hold for 24
hours while our team investigates.
$150M
in payments abandoned
due to Saferpay alerts
1
19
WESTPAC SAFERPAYIN ACTION – INVESTMENT SCAM STOPPED
Westpac’s systems and processes may not always be 100% effective and are subject to risks and other factors including those described in ‘Risk Management’ in the 2024 Annual Report and 2024
Risk Factors.
1 Since launching in Mar-24 to Sep-24
Retired couple research investment opportunities
and found an online investment company
promoting 10% annual returns
Couple transfer $350,000 to company
SaferPay put money on hold for 24 hours
Fraud team spoke with customer
Payment reversed and scam reported to Police
SCAM VOLUMES REMAIN A CONCERN, OUR PRIORITY IS PROTECTING CUSTOMERS

Westpac December 2024 Sustainability Update
Provides customers with calls via the app that
are Westpac branded, verified by Optus and
displays a reason for the call
SUCCESSFUL PILOT COMPLETED
Roll out commences Jan-25
•(customer case study)
20
WESTPAC SAFECALL IN ACTION – STOPPING BANK IMPERSONATION SCAMS
Westpac’s systems and processes may not always be 100% effective and are subject to risks and other factors including those described in ‘Risk Management’ in the 2024 Annual Report and 2024
Risk Factors.
Call to customer from an unknown number
Caller was a scammer
Customer tricked into downloading remote access
software
Scammer withdrew nearly $5,000 from the
customer’s account
Safecall will allow customer to trust that calls from
the banking app are from Westpac
SCAM VOLUMES REMAIN A CONCERN, OUR PRIORITY IS PROTECTING CUSTOMERS

ANDREW BOWDEN
ESG DISCLOSURE & REPORTING OFFICER

22Westpac December 2024 Sustainability Update
CLIMATE-RELATED REPORTING – FOR WESTPAC
INTERNATIONAL SUSTAINABILITY STANDARDS BOARD (ISSB)
IFRS S1 – Sustainability-related standards
IFRS S2 – Climate-Related disclosures
Australia
AASB S2
US
SEC CDR
Aotearoa
New Zealand Climate
Standards
Europe
FY29FY26?FY24FY26
APPLIES TO
WESTPAC
FROM
Dissolved
2023

PROGRESS ON CLIMATE-RELATED REPORTING
23Westpac December 2024 Sustainability Update
GOVERNANCE
STRATEGY
RISK
MANAGEMENT
METRICS
& TARGETS
53
63
54
18
34
28
11
37
38
34
55
Average for all
companies

38%
50%
(self assessed)
ALIGNMENT TO TCFD THEMES FOR >3000 COMPANIES GLOBALLY
1
(2023 %)2023 ALIGNMENT
1. Progress on Corporate Climate-related Disclosures-2024 Report, IFRS Foundation, November 2024
Board oversight
Management's role
Risks and opportunities
Impact of
risks/opportunities
Resilience of strategy
Risk identification/
assessment
Risk management
process
Integration into risk mgt
Climate-related metrics
GHG emissions
Targets

AASB S2 EXPANDS ON THE TCFD RECOMMENDATIONS
24Westpac December 2024 Sustainability Update
•Useful for primary users of general purpose
financial reports
•Climate-related risks/opportunities reasonably
affecting prospects
•Strategic and financial impacts over time horizons
•Requires a new Sustainability Report
•Disclosing forward-looking information
•Not sector specific
•Mandatory assurance requirements
AASB S2 ADDITIONSOTHER FEATURES
STRATEGY
•Climate resilience
•Scenario analysis
•Company circumstances
•Transition plan details
GOVERNANCE
•Flow of climate-related
information to
management and board
RISK
MANAGEMENT
•Explain how risks and
opportunities are
identified and managed
METRICS
& TARGETS
•Detail on emissions and
carbon credits
•Basis for setting targets
•Mandatory financed
emissions

25
IMPLICATIONS FOR INVESTORS
•Outcomes of scenario analysis will create new insights in understanding climate impacts
•Ability to incorporate financial and strategic impacts into valuation models
•Lack of precedents will see variability across companies, and over time
ASSESSED ALIGNMENT WITH AASB S2 (%)
1
MAJOR AREAS FOR COMPLIANCE BY FY26
•Integrating scenario analysis into strategy,
financial and resilience assessments
•Expanding reporting over the short, medium and
long-term time horizons
•Refining reporting of all scope 3 emissions
•Lifting governance and processes around
disclosure
THE WORK AHEAD
1 Alignment estimated by Westpac by disaggregating each standard and its component parts. Estimate does not consider clauses requiring no action (such as objectives) requirements in the
Appendix.
Westpac December 2024 Sustainability Update
42
46
12
Reported
Part reported
Yet to report
% OF
CLAUSES
REPORTED

APPENDIX

UN Sustainable
Development Goals
CEO Statement of
Commitment
Paris Climate Agreement
Supporter
Principles for Responsible
Banking
Signatory
The Valuable 500
Signatory
Toitū net carbonzero
certified (New Zealand)
The Equator Principles
Founding Adopter,
First Australian Bank
27Westpac December 2024 Sustainability Update
Taskforce on Nature-
related Financial
Disclosures
Forum member
Green Building
Council of Australia
Member
UN Environment
Programme Finance
Initiative
Founding Member (1991)
Banking Board Co-Chair
RE100, an initiative of The
Climate Group in
partnership with CDP
Member
Global Reporting
Initiative
Alignment
Industry-led UN- convened
Net-Zero Banking Alliance
Member, principals and
steering groups (NZBA
governance bodies)
UN Global Compact
Signatory (2002), Global
Compact Network
Australia
Founding Member
Climate Bonds Initiative
Partner
WeConnect International
(for women owned
businesses)
Member
Carbon Markets Institute
Corporate Member
Sustainability Accounting
Standards Board
Alignment
Climate Active
Certification (Australia)
(previously NCOS)
Social Traders
(for certified social
enterprises)
Member
Supply Nation
(for Indigenous owned
businesses)
Founding Member
Australian Sustainable
Finance Institute
Founding Member
IFRS S2 Sustainability
Disclosure Standard
(Climate-related
Disclosures)
Alignment
MAJOR POSITIONS AND PARTNERSHIPS

SUSTAINABILITY
SUSTAINABILITY AND CLIMATE STRATEGY
These sustainability pages contain ‘forward-looking statements’ and statements of expectation reflecting Westpac’s current views on future events. They are subject to change without notice and certain risks,
uncertainties and assumptions which are, in many instances, beyond its control. Please refer to the disclaimer at the back of this pack. Details on our commitments, targets and other supporting information is
in our 2024 Annual Report, Climate Report and Sustainability Index and Datasheet. See website for more information on our sustainability strategy
Westpac December 2024 Sustainability Update
THEMES
OBJECTIVES
PILLAR
OUR PURPOSE
Support in good
times and bad
Simpler, safer bank
Creating better futures together
Customer Easy
Enhance financial
inclusion
and equality
Strengthen data
security and
protection
Action on climate
and nature
Expert
Become
a net-zero,
climate
resilient bank
Become
a nature
positive
bank
Equitable and
inclusive society
Advocate
Respect
and advance
human rights
Enable
diversity
and inclusion
563124
Net-zero, climate resilient
operations
Supporting customer’s transition to
net-zero and to build their climate
resilience
Collaborate for impact on initiatives
towards net-zero and climate
resilience
THREE AREAS OF
CLIMATE ACTION
Human Rights Position
Statement and Action Plan
2024 Sustainability
Index and Datasheet
2024 Annual
Report
Reports available at westpac.com.au/sustainability
Other sustainability positions and disclosures include
Modern Slavery Statement
2023 Natural Capital Position Statement
New Zealand – Sustainability and Climate Reports
Sustainable Finance Framework
2024 Climate Methodologies Supplement
2024 Climate Report
28

CONTACT US
INVESTOR RELATIONS TEAM – CONTACT US
SHARE REGISTRY CONTACTINVESTOR RELATIONS CONTACT
For all shareholding enquiries relating to:
•Address details and communication preferences
•Updating bank account details, and participation in the
dividend reinvestment plan
For all matters relating to Westpac’s strategy,
performance and results
1800 804 255
westpac@linkmarketservices.com.au
investorcentre.linkmarketservices.com.au
+61 2 9178 2977
investorrelations@westpac.com.au
westpac.com.au/investorcentre
Lucy Graham
Head of Corporate Reporting and ESG
Catherine Garcia
Head of Investor Relations, Institutional
Arthur Petratos
Manager, Shareholder Services
Ethan Harry
Graduate, Investor Relations
Jacqueline Boddy
Head of Debt Investor Relations
Justin McCarthy
General Manager, Investor Relations
James Wibberley
Manager, Investor Relations
Nathan Fontyne
Senior Analyst, Investor Relations
Westpac December 2024 Sustainability Update29

DISCLAIMER
The material contained in this presentation is intended to be general background information on Westpac Banking Corporation (Westpac) and its activities.
The information is supplied in summary form and is therefore not necessarily complete. It is not intended that it be relied upon as advice to investors or potential investors, who should consider seeking independent
professional advice depending upon their specific investment objectives, financial situation or particular needs. The material contained in this presentation may include information derived from publicly available sources
that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.
All amounts are in Australian dollars unless otherwise indicated.
This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the US Securities Exchange Act of 1934.
Forward-looking statements are statements that are not historical facts. Forward-looking statements appear in a number of places in this presentation and include statements regarding our intent, belief or current
expectations with respect to our business and operations, macro and micro economic and market conditions, results of operations and financial condition, capital adequacy, liquidity and risk management, including,
without limitation, future loan loss provisions and financial support to certain borrowers, forecasted economic indicators and performance metric outcomes, indicative drivers, climate- and other sustainability-related
statements, commitments, targets, projections and metrics, and other estimated and proxy data.
We use words such as ‘will’, ‘may’, ‘expect’, ‘intend’, ‘seek’, ‘would’, ‘should’, ‘could’, ‘continue’, ‘plan’, ‘estimate’, ‘anticipate’, ‘believe’, ‘probability’, ‘indicative’, ‘risk’, ‘aim’, ‘outlook’, ‘forecast’, ‘f’cast’, ‘f’, ‘assumption’, ‘projection’,
‘target’, ‘goal’, ‘guidance’, ‘ambition’, ‘objective’ or other similar words to identify forward-looking statements, or otherwise identify forward-looking statements. These forward-looking statements reflect our current views
on future events and are subject to change, certain known and unknown risks, uncertainties and assumptions and other factors which are, in many instances, beyond our control (and the control of our officers, employees,
agents and advisors), and have been made based on management’s expectations or beliefs concerning future developments and their potential effect upon us.
Forward-looking statements may also be made, verbally or in writing, by members of Westpac’s management or Board in connection with this presentation. Such statements are subject to the same limitations,
uncertainties, assumptions and disclaimers set out in this presentation.
There can be no assurance that future developments or performance will align with our expectations or that the effect of future developments on us will be those anticipated. Actual results could differ materially from
those we expect or which are expressed or implied in forward-looking statements, depending on various factors including, but not limited to, those described in the sections titled ‘Our Operating Environment’ and ‘Risk
Management' in our 2024 Annual Report, as well as the document titled ‘2024 Risk Factors’ (each available at www.westpac.com.au). When relying on forward-looking statements to make decisions with respect to us,
investors and others should carefully consider such factors and other uncertainties and events.
Except as required by law, we assume no obligation to revise or update any forward-looking statements contained in this presentation, whether from new information, future events, conditions or otherwise, after the date
of this presentation.
We also make statements about our processes and policies (including what they are designed to do) as well as the availability of our systems or product features. Systems, processes and product features can be subject to
disruption, and may not always work as intended, so these statements are limited by the factors described in the section titled ‘Risk Management’ in our 2024 Annual Report, as well as the Risk Factors document.
Further important information regarding climate change and sustainability-related statements
This presentation contains forward-looking statements and other representations relating to environment, social and governance (ESG) topics, including but not limited to climate change, net-zero, climate resilience,
natural capital, emissions intensity, human rights and other sustainability related statements, commitments, targets, projections, scenarios, risk and opportunity assessments, pathways, forecasts, estimated projections
and other proxy data. These are subject to known and unknown risks, and there are significant uncertainties, limitations, risks and assumptions in the metrics and modelling on which these statements rely.
In particular, the metrics, methodologies and data relating to climate and sustainability are rapidly evolving and maturing, including variations in approaches and common standards in estimating and calculating
emissions, and uncertainty around future climate and sustainability related policy and legislation. There are inherent limits in the current scientific understanding of climate change and its impacts. Some material
contained in this presentation may include information including, without limitation, methodologies, modelling, scenarios, reports, benchmarks, tools and data, derived from publicly available or government or industry
sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of such information. There is a risk that the estimates, judgements, assumptions,
views, models, scenarios or projections used by Westpac may turn out to be incorrect. These risks may cause actual outcomes, including the ability to meet commitments and targets, to differ materially from those
expressed or implied in this presentation. The climate and sustainability related forward-looking statements made in this presentation are not guarantees or predictions of future performance and Westpac gives no
representation, warranty or assurance (including as to the quality, accuracy or completeness of these statements), nor guarantee that the occurrence of the events expressed or implied in any forward-looking statement
will occur. There are usually differences between forecast and actual results because events and actual circumstances frequently do not occur as forecast and these differences may be material. Westpac will continue to
review and develop its approach to ESG as this subject area matures
DISCLAIMER
Westpac December 2024 Sustainability Update
30