WBC 1Q25 Investor Discussion Pack

ASX
Release


17 February 2025


WESTPAC 1Q25 INVESTOR DISCUSSION PACK






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
Following are Westpac’s 1Q25 slides covering financial performance, capital, credit
quality and funding for the three months ended 31 December 2024.

1Q25 INVESTOR
DISCUSSION PACK
FOR THE 3 MONTHS ENDED 31 DECEMBER 2024
© Westpac Banking Corporation ABN 33 007 457 141
This document should be read in conjunction with Westpac’s December 2024
Pillar 3 Report. All amounts are in Australian dollars.

1Q25 SUMMARY
1
2
•Revenue down 4%, excluding Notable Items up 2%
•NIM of 1.82%. Core NIM of 1.81%, down 1bp from 2H24 excluding a provision release in 4Q24
2
•Expenses increased 1% with wage and salary growth partly offset by seasonally lower
investment spend
•Impairment charges to average loans of 5bps, up from 4bps, remain low reflecting continued
customer resilience
•Net profit $1.7bn, down 9%, excluding Notable Items $1.9bn, up 3%
Westpac 2025 Interim Results Presentation & Investor Discussion Pack
SUMMARY
SOLID FINANCIAL
PERFORMANCE
CAPITAL ABOVE
OPERATING RANGE
•CET1 capital ratio of 11.9%, above top of target operating range
3
•RWA up $14.0bn or 3.2% due to loan growth and higher IRRBB
CREDIT QUALITY
RESILIENT - WELL
PROVISIONED
•Total expected credit loss provisions $5.1bn, flat
•CAP to credit RWA 128bps, down 4bps
•Stressed assets to TCE 1.39%, down 6bps
•Australia mortgage 90+ day delinquencies 1.03%, down 9bps
STRONG BALANCE
SHEET
•LCR 131%
4
, well above regulatory minimum
•NSFR 113%, well above regulatory minimum
•Deposit to loan ratio 83.9%, up 39bps
1 Profit and loss numbers 1Q25 compared to 2H24 average unless otherwise stated. Balance sheet numbers 31 December 2024 compared to 30 September 2024 unless otherwise stated. 2 2H24 and 4Q24 Core NIM excluding provision release
1.82%. 3 Target operating range is 11.0-11.5%. 4 Quarterly average liquidity coverage ratio.

Excluding Notable Items
$b 1Q25
% movement
1Q25 - 2H24 qtr average1Q25
% movement
1Q25 - 2H24 qtr average
Net interest income4.5(6)4.81
Non-interest income0.8120.89
Net operating income5.3(4)5.62
Expenses(2.8)1(2.8)1
Pre-provision profit2.5(9)2.83
Impairment charges(0.1)9(0.1)9
Tax and non-controlling interests (NCI)(0.7)(9)(0.8)2
Net profit1.7(9)1.93
NET INTEREST MARGINLOANS AND DEPOSITS ($BN)
Westpac 1Q25 Investor Discussion Pack
FINANCIAL PERFORMANCE
1 Core NIM excluding provision release 1.82%.
Composition of NIM (%)

3Q244Q241Q25
Core NIM1.831.84
1
1.81
Treasury & Markets0.120.140.13
Core NIM, Treasury & Markets1.951.981.94
Notable Items: Hedging(0.02)0.04(0.12)
NIM1.932.021.82
779
807
820
Dec-23Sep-24Dec-24
Up 5%
649
674
688
Dec-23Sep-24Dec-24
FINANCIAL PERFORMANCE
Up 6%
LoansDeposits
3
NET PROFIT

12.49
37
111.87
11.56
(58)
(36)
(6)
(31)
Sep-241Q25
Net profit
2H24
dividend
RWAShare
buyback
OtherDec-24Remaining
capital
return
Dec-24
Pro forma
Key capital ratios (%)
Dec-
23
Mar-
24
Sep-
24
Dec-
24
Level 2 CET1
capital ratio
12.312.512.511.9
Additional Tier 1
capital ratio
2.42.52.3
2.3
Tier 1 capital ratio14.715.014.814.2
Tier 2 capital ratio6.36.46.67.4
Total regulatory
capital ratio
21.021.421.4
21.6
Risk weighted assets
(RWA)

($bn)
443444437
451
Leverage ratio 5.45.55.35.1
Level 1 CET1 capital ratio12.512.812.712.1
Internationally comparable ratios
3
Leverage ratio
(internationally comparable)
5.96.05.8
5.6
CET1 capital ratio
(internationally comparable)
18.418.618.3
17.6
LEVEL 2 CET1 CAPITAL RATIO MOVEMENTS (%, BPS)
CET1 CAPITAL RATIO 11.9%
CAPITAL
1 Capital deductions and other items including FX translation impacts. 2 Includes remaining on market share buyback announced in Nov-23, May-24 and Nov-24. 3 Internationally comparable methodology references
the Australian Banking Association (ABA) study on the comparability of APRA’s new capital framework and finalised reform released on 10 March 2023.
1
Lending: (17bps)
IRRBB: (17bps)
Further details on page 5
4Westpac 1Q25 Investor Discussion Pack
2

(0.6)
(0.3)
437.4
8.2
6.3
0.4
451.4
Sep-24Credit riskIRRBBMarket riskOperational riskOtherDec-24
RWA ($BN)
CREDIT RWA ($BN)IRRBB RWA ($BN)
8
(1)
0
21
23
27
5
6
7
34
28
34
3.79
3.54
3.78
-4
-3
-2
-1
0
1
2
3
4
-10
0
10
20
30
40
50
60
Mar-24Sep-24Dec-24
RISK WEIGHTED ASSET MOVEMENTS
CAPITAL
1 Counter-party credit and mark to market risk.
346.0
6.4
0.9
0.8
1.0
354.1
(1.0)
Sep-24LendingCredit
quality
Data
refinements
CPC &
MTM risk
FX
translation
Dec-24
Up $8.2bn or 2.4%
Up $14.0bn or 3.2%
1
5Westpac 1Q25 Investor Discussion Pack
Driven by lower mortgage
delinquencies
Optionality and basis risk
Embedded loss/(gain)
Repricing and yield curve risk
3y Swap rate (in %)

461
526
536
568
1,231
1,278
1,223
1,206
2,478
2,399
2,390
2,302
705
712
768
816
260
213
179
199
5,135
5,128
5,096
5,091
Mar-24Jun-24Sep-24Dec-24
Overlay Stage 1 CAP Stage 2 CAP
Stage 3 CAP Stage 3 IAP
Lower mortgage 90+
day delinquencies
Forecasts for
base case ECL
2
Base caseDownside
20252026
Trough /
peak
3
GDP growth2.2%2.2%(6%)
Unemployment4.7%4.5%11%
Residential property prices3.0%7.0%(27%)
Commercial property prices(1.3%)4.2%(32%)
KEY RATIOS
TOTAL PROVISIONS FOR EXPECTED CREDIT LOSSES
1
($M)
PROVISIONS FOR EXPECTED CREDIT LOSS
CREDIT QUALITY
1 Includes provisions for debt securities. 2 Forecast date is 12 December 2024. 3 These key economic indicators represent trough or peak values that characterise the scenarios considered in setting downside severity.
Residential and commercial forecasts represent cumulative reduction over a two-year period.
Driven by small number
of services and
manufacturing
customers
Decrease due to the
runoff of sold
businesses and RAMS
and transfers to stage 3
Mar-24Sep-24Dec-24
Provisions to gross loans (bps)656362
Impaired asset provisions
to impaired assets (%)
4741
40
Collectively assessed provisions
to credit RWA (bps)
138132
128
6Westpac 1Q25 Investor Discussion Pack
FORECASTS USED IN ECONOMIC SCENARIOS
Increase driven by
growth in business
lending

1.14
0.98
0.00
0.50
1.00
1.50
2.00
2.50
Dec-21Dec-22Dec-23Dec-24
0.73
0.70
2.70
2.83
0.0
1.0
2.0
3.0
4.0
5.0
6.0
Dec-22Jun-23Dec-23Jun-24Dec-24
Credit cardsPersonal loans
0.11
0.12
0.16
0.16
0.42
0.46
0.47
0.44
0.22
0.24
0.23
0.23
0.47
0.54
0.59
0.56
1.22
1.36
1.45
1.39
Dec-23Mar-24Sep-24Dec-24
ImpairedNon-performing, 90+ days
Non-performing, <90 daysWatchlist & substandard
AUSTRALIAN MORTGAGE DELINQUENCIES (%)
AUSTRALIAN CONSUMER FINANCE 90+ DELINQUENCIES (%)
STRESSED EXPOSURES AS A % OF TCE
CREDIT QUALITY METRICS
CREDIT QUALITY
1 Financial hardship assistance is available to customers experiencing temporary financial difficulty, including changes in income due to illness, a relationship breakdown or natural disasters. Hardship assistance often
takes the form of a reduction or deferral of repayments for a short period.
7
Westpac 1Q25 Investor Discussion Pack
0.67
0.65
1.12
1.03
1.82
1.69
0.0
1.0
2.0
3.0
4.0
Dec-22Jun-23Dec-23Jun-24Dec-24
90+ dpd excl. 6 months serviceability hold-out period and RAMS (closed to
new customers)
90+ day delinquencies
30+ day delinquencies
AUSTRALIAN MORTGAGE HARDSHIP
1
BALANCES (%)
Sep-24
Sep-24
Sep-24

0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
PropertyWholesale
&
retail trade
ManufacturingServicesAgriculture,
forestry &
fishing
Property &
business
services
UtilitiesTransport
&
storage
ConstructionAccommodation
cafes &
restaurants
Mining
Mar-24Sep-24Dec-24
CORPORATE AND BUSINESS STRESSED EXPOSURES BY INDUSTRY SECTOR (%)
EXPOSURE AND CREDIT QUALITY BY SECTOR
Sector
Finance &
Insurance
1
Property
2
Wholesale
& retail
trade
Manufacturing
Services
3
Agriculture,
forestry &
fishing
Property &
business
servicesUtilities
Transport &
storageConstruction
4
Accomm,
cafes &
restaurantsMining
TCE ($bn)
Dec-24163.986.6
33.9
26.4
26.326.326.025.921.113.812.58.6
Sep-24162.885.5
31.8
25.4
25.925.425.223.620.713.711.77.9
Stressed (%)
5,6
Dec-240.12.5
5.2
4.2
3.84.82.90.12.24.73.73.5
Sep-240.12.7
5.6
4.1
3.85.03.10.12.24.94.14.1
Impaired (%)
6
Dec-240.00.1
0.7
0.9
0.70.40.40.00.40.60.20.2
Sep-240.00.1
0.8
0.9
0.40.50.40.00.40.70.20.2
CREDIT QUALITY ACROSS SECTORS
CREDIT QUALITY
1 Finance and insurance includes banks, non-banks, insurance companies and other firms providing services to the finance and insurance sectors. Includes assets held for liquidity portfolio. 2 Property includes both residential and non-residential
property investors and developers and excludes real estate agents. 3 Services includes education, health & community services, cultural & recreational and personal & other services. 4 Construction includes building and non-building construction,
and industries serving the construction sector. 5 Includes impaired exposures. 6 Percentage of portfolio TCE.
8Westpac 1Q25 Investor Discussion Pack

Australian mortgage portfolio
Mar-24
balance
Sep-24
balance
Dec-24
balance
Total portfolio ($bn)
495.2503.3
508.3
Owner occupied (OO) (%)
67.867.9
68.0
Investment property loans (IPL) (%)
31.031.1
31.0
Portfolio loan/line of credit (LOC) (%)
1.21.0
0.9
Variable rate / Fixed rate (%)
85/1591/9
93/7
Interest only (I/O) (%)
12.311.8
11.8
Proprietary channel (%)
49.448.2
47.3
First home buyer (%)
11.311.8
12.2
Mortgage insured (%)
12.611.7
11.0
Mar-24Sep-24Dec-24
Average loan size
1
($’000)
309319
325
Customers ahead on repayments
including offset account balances

(%)
By accounts
8083
83
By balances
7780
81
Mortgage losses net of insurance
2
($m)
2023
7
Annual mortgage loss rate
3
(bps)
0.80.9
0.55
Hardship
4
balances (% of portfolio)
1.051.14
0.98
AUSTRALIAN MORTGAGE PORTFOLIO COMPOSITION
MORTGAGE CREDIT QUALITY
1 Average loan size includes amortisation. Calculated at account level, where split loans represent more than one account. 2 Mortgage losses for March-24 and Sep-24 are for the 6 months ending. Mortgages losses for Dec-24 are for the 3 months
ending. 3 Mortgage loss rates for Mar-24 are annualised, based on losses for the 6 months ending. Mortgage loss rates for Sep-24 are actual losses for the 12 months ending. Mortgage loss rates for Dec-24 are annualised, based on losses for the 3
months ending. 4 Financial hardship assistance is available to customers experiencing temporary financial difficulty, including changes in income due to illness, a relationship breakdown or natural disasters. Hardship assistance often takes the form
of a reduction or deferral of repayments for a short period. 5 Dynamic LVR is the loan-to-value ratio taking into account the current loan balance, changes in security value, offset account balances and other loan adjustments. Property valuation
source CoreLogic.
9Westpac 1Q25 Investor Discussion Pack
BY PRODUCT AND REPAYMENT TYPE (%)
LOAN-TO-VALUE RATIOS (LVRS) (%)
1
10
21
2
65
1
9
22
2
66
1
9
22
2
66
LOCIPL-I/OIPL-P&IOO-I/OOO-P&I
Mar-24 (Portfolio)Sep-24 (Portfolio)Dec-24 (Portfolio)
23
18
40
12
7
1
66
14
12
6
1
0.4
0.6
0
20
40
60
80
100
0<=6060<=7070<=8080<=9090<=9595<=100>100
Portfolio LVR at originationPortfolio dynamic LVR
5

10
CUSTOMERS AHEAD ON REPAYMENTS
1
(% BY BALANCES)
OFFSET ACCOUNT BALANCES ($BN)BUFFER TO BALANCE RATIO
2
(%)
Westpac 1Q25 Investor Discussion Pack
AUSTRALIAN MORTGAGE PORTFOLIO REPAYMENT BUFFERS
MORTGAGE CREDIT QUALITY
1 Customer loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments. Includes mortgage offset accounts. ‘Behind’ is more than 30 days past due. ‘On time’ includes up to 30
days past due. 2 Excludes Line of Credit.
14
3
4
15
35
Dec-24
Investment property loans –
generally maintain higher
balances for tax purposes
Accounts opened in the last 12
months
Structural restrictions on
repayments e.g. fixed rate
Residual – <1 month
repayment buffer
Charts do not add due to rounding
Loans ‘on time’
and <1mth ahead
19.0
19.419.4
19.7
20.2
Sep-21Sep-22Sep-23Sep-24Dec-24
Buffer = Current Limit - Outstanding Balance
+ Offset Balance
46
51
53
57
63
66
Sep-20Sep-21Sep-22Sep-23Sep-24Dec-24
2
21
19
20
15
23
2
18
19
21
17
24
2
17
18
21
17
25
BehindOn time< 1mth< 6mths>2yrs
Mar-24Sep-24Dec-24
>6mths
to <2yrs

MORTGAGE DELINQUENCIES (%)MORTGAGE PORTFOLIO LVR
2
(% OF PORTFOLIO)
BUSINESS STRESSED EXPOSURES TO BUSINESS TCE
1
(%)UNSECURED CONSUMER DELINQUENCIES (%)
NEW ZEALAND CREDIT QUALITY
NEW ZEALAND CREDIT QUALITY
1 Chart may not add due to rounding. 2 LVR based on current exposure and property valuation at the latest credit event.
0.49
0.51
0.96
1.08
0.0
0.5
1.0
1.5
2.0
Dec-22Jun-23Dec-23Jun-24Dec-24
90+ day delinquencies30+ day delinquencies
50%
20%
21%
6%
3%
0<=6060<=7070<=8080<=9090+
0.1
0.2 0.2 0.2 0.2
0.3
0.3 0.5 0.3 0.3
2.2
2.1
2.2
2.42.4
2.5 2.5
2.9 2.8 2.9
Dec-23Mar-24Jun-24Sep-24Dec-24
ImpairedNon-performing, not impairedWatchlist & substandard
0.87
0.87
1.90
1.93
0.0
1.5
3.0
4.5
6.0
Dec-22Jun-23Dec-23Jun-24Dec-24
90+ day delinquencies30+day delinquencies
91% of mortgage portfolio has
an LVR less than 80%
11Westpac 1Q25 Investor Discussion Pack
Sep-24
Sep-24

TERM DEBT ISSUANCE AND MATURITY PROFILE
1,2
($BN)
FUNDING AND LIQUIDITY
FUNDING AND LIQUIDITY
1 Based on residual maturity and FX spot currency translation. Includes all debt issuance with contractual maturity greater than 13 months excluding US Commercial Paper and Yankee Certificates of Deposit.
Contractual maturity date for Additional Tier 1 and callable Tier 2 instruments is the first scheduled conversion date or call date for the purposes of this disclosure. Any early redemption would be subject to prior written
approval from APRA, which may or may not be provided. Maturities exclude securitisation amortisation. 2 Year to date is 1 October 2024 to 31 January 2025. 3 Chart may not add due to rounding.
KEY FUNDING AND LIQUIDITY MEASURES
Liquidity coverage ratio (LCR) (%)
Quarterly average
Net stable funding ratio (NSFR) (%)Customer deposits to net loans ratio (D2L) (%)
•Quarterly LCR movement reflects a decrease in
average liquids assets, mainly qualifying RBNZ
securities
•Increase in D2L ratio reflects continued deposit
growth
•Higher NSFR reflects growth in available funding
from high-quality deposits exceeding growth in
required funding from lending
TERM DEBT ISSUANCE BY PROGRAM
YEAR TO DATE
2,3
(%)
12Westpac 1Q25 Investor Discussion Pack
133
132
133
131
Dec-23Mar-24Sep-24Dec-24
114
114
112
113
Dec-23Mar-24Sep-24Dec-24
83.3
82.9
83.5
83.9
Dec-23Mar-24Sep-24Dec-24
67
19
15
Senior Bonds
Covered Bonds
Tier 2 Capital
Securitisation
$12.4bn
YTD
18
12
34
31
35
43
35
42
12
23
36
32
32
26
36
FY19FY20FY21FY22FY23FY24FY25
YTD
FY25FY26FY27FY28FY29>FY29
Funding for Lending
Programme (NZ)
Term Funding Facility (Aus)
Tier 2 capital
Additional Tier 1 capital
Covered bond
Senior/Securitisation
IssuanceMaturities
remaining

Table may not add due to rounding
APPENDIX 1: FINANCIAL SUMMARY
APPENDIX
Excluding Notable Items
$b1Q25
% movement
1Q25 - 2H24 qtr average1Q25
% movement
1Q25 - 2H24 qtr average
Net interest income4.5(6)4.81
Non-interest income0.8120.89
Net operating income5.3(4)5.62
Operating expenses(2.8)1(2.8)1
Pre-provision profit2.5(9)2.83
Impairment charges(0.1)9(0.1)9
Tax and NCI(0.7)(9)(0.8)2
Net profit after tax1.7(9)1.93
Return on equity (ROE)9.4%(88bps)10.5%32bps
Return on tangible equity (ROTE)10.6%(98bps)11.8%39bps
13Westpac 1Q25 Investor Discussion Pack

Table may not add due to rounding
APPENDIX 2: NET PROFIT
APPENDIX
Excluding Notable Items
$b3Q244Q24
2H24 qtr
average1Q253Q244Q24
2H24 qtr
average1Q25
Net interest income4.75.04.84.54.74.94.84.8
Non-interest income0.70.70.70.80.70.70.70.8
Net operating income5.45.65.55.35.45.55.55.6
Operating expenses(2.7)(2.8)(2.8)(2.8)(2.7)(2.8)(2.8)(2.8)
Pre-provision profit2.62.82.72.52.72.72.72.8
Impairment charges(0.1)(0.1)(0.1)(0.1)(0.1)(0.1)(0.1)(0.1)
Tax and NCI(0.8)(0.8)(0.8)(0.7)(0.8)(0.8)(0.8)(0.8)
Net profit after tax1.81.91.81.71.81.81.81.9
ROE10.0%10.5%10.2%9.4%10.1%10.1%10.1%10.5%
ROTE11.3%11.8%11.6%10.6%11.4%11.4%11.4%11.8%
14Westpac 1Q25 Investor Discussion Pack

NIMNet interest margin
CET1 capital ratioCommon equity tier one capital ratio
RWARisk weighted assets
CAPCollectively assessed provisions
TCETotal committed exposures
LCRLiquidity coverage ratio
NSFR Net stable funding ratio
ROEReturn on average equity
ROTEReturn on average tangible equity
APPENDIX 3: ABBREVIATIONS
15Westpac Group 2024 Full Year Results Presentation & Investor Discussion Pack
APPENDIX

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@cm.mpms.mufg.com
au.investorcentre.mpms.mufg.com
+61 2 9178 2977
investorrelations@westpac.com.au
westpac.com.au/investorcentre
16Westpac 1Q25 Investor Discussion Pack
Lucy Wilson
Head of Corporate Reporting and ESG
Catherine Garcia
Head of Investor Relations, Institutional
Arthur Petratos
Manager, Shareholder Services
Laura Babaic
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

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 2024 Risk Factors
document.
DISCLAIMER
17
Westpac 1Q25 Investor Discussion Pack