Business & Wealth Update

ASX RELEASE


Westpac Banking Corporation
Level 18, 275 Kent Street
Sydney, NSW, 2000


2 September 2025

WESTPAC BUSINESS & WEALTH UPDATE

Following is Westpac’s Business & Wealth Update.









For further information:

Hayden Cooper Justin McCarthy
Group Head of Media Relations General Manager, Investor Relations and
Corporate & Business Development
0402 393 619 0422 800 321


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

2 SEPTEMBER 2025
Westpac Banking Corporation ABN 33 007 457 141
Information is as at Jun-25 unless otherwise stated.

Chief Executive, Business & Wealth

STRONG
CUSTOMER
FRANCHISE
INVESTING IN
BANKERS AND
DIGITAL CAPABILITY
BUILDING
MOMENTUM
Westpac Business & Wealth Update September 20253

BUSINESS BANKING INDUSTRY DYNAMICS
Westpac Business & Wealth Update September 20254
STRONG CREDIT
GROWTH
COMPETITIVE
ENVIRONMENT
RESILIENT
CUSTOMERS

5
BUSINESS & WEALTH
Westpac Business & Wealth Update September 2025
1 Excluding Notable Items. 2 Net loans. 3 Source: RFI Business Atlas, Jun-25, 6MMA, MFI Banking Group customers. 4 Source: RFI Business Atlas, Jun-25, 6MMA, MFI commercial businesses. 5 Source: RFI Business
Atlas, Jun-25, 12MMA, SME MFI businesses. 6 Source: Source: RFI Business Atlas, Jun-25, 6MMA, Small MFI businesses. 7 Funds Under Administration on the BT Panorama, Asgard and Private Bank Global Investment
Services (GIS) platforms.
1H25 ROTE
19%
1H25 CONTRIBUTION TO
WESTPAC NET PROFIT
1
32%
1H25 COST TO
INCOME RATIO
44%
EMPLOYEE
ENGAGEMENT
TOP QUARTILE
GLOBALLY
BUSINESS BANKINGWEALTHPACIFIC
#2
MFI
3
#1
Commercial
4
NPS®
#1
SME
5
#3
Small Business
6
$157bn
FUA
7
$1.8bn
Lending
2
50k
Private Bank customers
340k
Customers
$110bn
Lending
2
$118bn
Deposits

PRIORITIES
Westpac Business & Wealth Update September 20256
PERFORMANCE
Deliver growth, efficiency
and profitability in target
segments
CUSTOMER
Meet customer needs
Drive advocacy through
service excellence
Deepen relationships
PEOPLE
Recruit and retain
the best talent
Invest in bankers
Drive productivity and
efficiency
TRANSFORMATION
Execute on UNITE
Transform lending
origination
Build capacity to
change and grow
RISK
Build competitive edge
through risk excellence
Data-led automation

116
128
Jun-24Jun-25
IT STARTS WITH TRANSACTION BANKING
1 Active customers are customers with a business transaction / savings account, cumulative deposits ≥ $3,000 anytime in last 3 months, and ≥20 transactions or ≥6 direct entry payments over the last 3 months. 2 12
months to Jun-25. 3 Source: RFI Business Altas. June 2025, 6MMA. MFI Banking Group customers. 4 Source: RFI Business Altas. Change in MFI share from September 2024 to June 2025, 6MMA. MFI Banking Group
customers.
Transactionally active customer
revenue multiple
1
128,000
new transaction
banking accounts opened
2
Westpac Business & Wealth Update September 20257
Up 10%
Transaction account sales (k)FY25 YTD change in MFI
4
(bps)
PAYMENTS
CAPABILITY ENHANCED
STRONG
FRANCHISE
PARTNERING
AUSTRALIAN BUSINESSES
3
MFI share of
19.4%
MFI rank
#2
ONLINE PAY
launched
in Mar-25
2.2x
2.6x
SMECommercial
125
-20
72
-226
Westpac
Group
Peer 1 Peer 2 Peer 3

(1)
0
5
Jun-23 Jun-24 Jun-25
1.0x0.3xn/a
System
multiple
2
growth yoy
STRONG DEPOSIT GATHERING FRANCHISE
Westpac Business & Wealth Update September 20258
1 Chart does not add due to rounding. 2 APRA ADI system includes Non-Financial Corporations and Community Service Organisations.
Book mix by product ($bn)
1
66
72
47
49
32
31
144
151
Jun-24Jun-25
TransactionsTermSavings
Business deposit growth (%)Book mix by segment (%)
45
27
22
6
CommercialSBWealth
& Pacific
SME
$150.8bn
134%
Deposit to loan ratioBusiness & Wealth deposits
5%
MOMENTUM IN BUSINESS
DEPOSITS
SOURCE
OF FUNDING
LARGE, DIVERSIFIED
BOOK
2%
9%
4%

BUILDING DEEPER RELATIONSHIPS
Westpac Business & Wealth Update September 20259
Opportunity to
strengthen relationships
with majority of customers
1 Each need is a group of similar products.
Average customer needs
1
met (#)
3.8
4.6
SMECommercial
Customer needs
1
met (%)
27
39
24
9
19
31
29
21
1-23-45-67+
Number of products
SMECommercial
Product depth (%)
84
75
45
13
90
80
37
26
Transaction
banking
Business
lending
Home
lending
FX
SMECommercial
Using data and insights
to predict and meet
customer needs
Leveraging the
whole bank -
Consumer and
WIB product
capability

5
8
15
Jun-23Jun-24Jun-25
1.6x1.1x0.8x
System
multiple
1
STRONG LENDING MOMENTUM
Westpac Business & Wealth Update September 202510
Business lending growth (%)Annual growth by industry (%)
1 Westpac business lending growth rate divided by ADI system. ADI system includes loans with Non-Financial businesses, and Community service organisations across all segments. 2 1H25, business lending net interest
income divided by credit risk weighted assets.
3.05%
2
Risk adjusted lending NIM,
1bp lower compared to FY24
$112.5bn
Up 15% yoy
>20%
Annual growth in our target
industries
Agriculture
Health
Professional
services
21
22
24
MARGIN
DISCIPLINE
GROWTH IN
TARGETED SECTORS
BUSINESS & WEALTH
LENDING

LENDING OPPORTUNITIES
Westpac Business & Wealth Update September 202511
1 Excludes Wealth & Pacific.
Book mix by segment (%)
Unlock the potential
in SME and
Small Business
85
11
4
CommercialSME & SBWealth
& Pacific
81
14
5
Term
lending
Equipment
finance
Working
capital
63
37
First partyThird party
Continued
focus on
first party lending
Further delivery
of working capital
solutions
Book mix by product (%)
1
Book mix by channel (%)
1

INVESTING IN BANKERS
Westpac Business & Wealth Update September 2025
Onboarding and career
development
Tailored learning pathways
Sales, technical and risk training
1 These ‘forward-looking statements’ are subject to assumptions, risks and other important information in the Disclaimer on page 35. 2 Jun-25 YTD. 3 FY24 Commercial estimates.
More bankers
Business Performance Academy
2
LAUNCHED
Oct-24
220
courses
completed
1,800
people
participated
25,000
hours of
learning
Banker time allocation
3
(days)
1
0.5
2.5
1
CustomersMaintenance
ProcessingSupport
350
Additional
bankers by
FY27
1
135
bankers
onboarded
2
New business banking centres
Increased presence in growth
regions
End to end channel strategy
Simplifying and digitising processes
Leveraging AI to assist bankers
Aligning banker scorecards to
outcomes
12
MORE BANKERS IN MORE PLACESBETTER CAPABILITYMORE TIME WITH CUSTOMERS

63
62
59
Jun-24Sep-24Jun-25
DIFFERENTIATING WITH RISK
Westpac Business & Wealth Update September 2025
FASTER, BETTER
DECISIONS
RESILIENT CREDIT
PERFORMANCE
DRIVING CAPITAL
EFFICIENCY
1 In Jul-25 76% of simple deals were auto-decisioned. 2 Credit Approval Limit (CAL). Percentage is calculated as banker approved deals for the month divided by the total deals decisioned. 3 Excludes Pacific.
Banker CAL
2
utilisation (%)
Stressed exposures as a % of TCE
3
Risk weighted assets to EAD (%)
•
Utilising data driven automated
credit decisioning
1
•
Training and empowering bankers
to make decisions
•
Fast credit approval for
customers with a transaction
account
•
Credit quality improving, with
impaired exposures low at 0.54%
•
Portfolio growth at higher credit
quality
•
Areas of stress remain in Victoria
and in the transport and storage
sectors
•
RWA reductions from data
refinement:
–
FY24 $3.5bn
–
Jun-25 YTD $3.3bn
•
Continuing to focus on data
quality
13
8
28
Jun-23Jun-25
4.92
5.08
4.84
Jun-23Jun-24Jun-25

EQUIPMENT FINANCE
Application to
settlement <4hrs
2
TRANSFORMING TO DRIVE SUPERIOR EXPERIENCE
Westpac Business & Wealth Update September 2025
BIZEDGE: FAST, SIMPLE, DIGITAL
LENDING ORIGINATION EXPERIENCE
FOCUS ON SIMPLIFICATION
& DIGITISATION
1 This future state contains ‘forward-looking statements’ and are subject to assumptions, risks and other important information in the Disclaimer on page 35. 2 For loans under $500k.
Before state
14
Future state
1
27+
systems
14+ hrs
to write a deal
<25%
controls
automated
6 - 8 hrs
to write a deal
90%
in scope controls
automated
WORKFLOW AUTOMATION
Processing time
reduced by 10% since
May-25
INVOICE FINANCE
Best in class digital
process, reduces
application time by 50%
EMPLOYING AI
Real time knowledge
assistant and accelerating
BizEdge coding
8.6 days
average time
to decision
Same day
time to decision
for simple deals
1
platform

UNITE: BUSINESS AND WEALTH SIMPLIFICATION
Westpac Business & Wealth Update September 2025
ONE
Private Bank
Wealth Platform
Share Trading Platform
Simplify
technology
Better
digital
experiences
ONE
Private Bank
Wealth Platform
Share Trading Platform
This slide contains ‘forward-looking statements’ and is subject to assumptions, risks and other important information in the Disclaimer on page 35.
EXPECTED OUTCOMES
Product processors
reduced
10 to 6
Banker platforms
consolidated
>10 to 3
Online banking
platforms consolidated
4 to 2
Cost of change
reduced from
1.7x to 1.0x
Reduction in
products & process
> 50%
15

PERFORMANCE
Westpac Business & Wealth Update September 2025
1H25 performance
•
ROTE of 19%, accretive to Westpac
•
Deposit and lending growth above system
•
Investing in the business, growing bankers, developing
BizEdge and UNITE
•
Credit quality remains resilient
Supporting Group ROTE
1
19%
11%
B&WWestpac
Net profit ($m)
1,175
68
9 1,118
(112)
(22)
1H24RevenueExpensesImpairmentsTax & NCI1H25
1 1H25.
16

NET INTEREST MARGIN (%)
Westpac Business & Wealth Update September 2025
5.37
2bps5.09
4.94
(6bps)
(8bps)
(9bps)
(7bps)
2H24One off benefitsPortfolio mixDepositsLendingOther1H25 disclosed1H25 pro forma
1 Deposit margin higher than lending margin. 2 Reflects revisions to segment composition including the transfer of the auto finance portfolio to Group Businesses.
Underlying NIM down 22bps
Lending growth
outpacing
deposit growth
1
Mix and
cash rate
moves
2H24 provision
release and
impact of
divestments
Competition and
lower risk lending
17
2

STRONG
CUSTOMER
FRANCHISE
INVESTING IN
BANKERS AND
DIGITAL CAPABILITY
BUILDING
MOMENTUM
Westpac Business & Wealth Update September 202518

BUSINESS LENDING

TRANSFORMING BUSINESS LENDING
Westpac Business & Wealth Update September 202520
Improving customer experience
1 For loans under $500k.
Best in class propositions
BizEdge
Fast, simple, digital lending origination experience with a single
view of customer
Employing AI
Real time knowledge assistance and accelerating BizEdge
coding
SIMPLE+
Simplified credit pathway: >7k applications since launch in Apr-23
Conditional Limit Offers
Streamlined access to credit: $43bn in limits
Workflow automation
Reduced processing time by 10% since May-25
•
Application to settlement under 4hrs
1
•
Automated decisioning for >75% of
customers
•
eSign enabled for ~75% of deals
Invoice Finance
Equipment Finance
•
Digital process, reduces application time
by 50%
•
Real-time drawdowns
•
24/7 digital self-service platform

Reduce banker loan
processing time by
~50%
Reduce TTD
2
by
~60%
Decommission Legacy
systems and tools
27+
Total Investment
FY24 to FY29
c.$300m
Westpac Business & Wealth Update September 202521
BIZEDGE: FAST, SIMPLE, DIGITAL
LENDING ORIGINATION
Expected Outcomes
1
Achievements to date
1 These expected outcomes contain ‘forward-looking statements’ and are subject to assumptions, risks and other important information
in the Disclaimer on page 35. 2 Time to decision. 3 Personal Property Securities Register.
BANKER BENEFITS
•
Guided processes
•
Customer data pre-populated
•
Automated company and PPSR
3
searches
•
Streamlined document management
CUSTOMER BENEFITS
•
Digital experience with one-step log in
•
Reduces customer input by 50%
•
Real time application tracking
•
Information saved for future
applications
2
releases
>5k
applications
$3.4bn
New lending
>1hr
banker time saved
per application
~45%
TTD reduced
5
systems & tools
removed

COMMERCIAL BANKING

COMMERCIAL BANKING
Westpac Business & Wealth Update September 202523
•
Balance sheet growth of 15%
1
driven by our target sectors with
>20% growth across Agri, Professional services and Health
•
#1 In NPS®, with high customer retention
•
Onboarded 70+ customer facing roles in FY25 to improve proprietary
offering and improved employee proposition to retain the best
bankers
Solid foundations
•
Investing in our people
•
Increasing time spent with customers
•
Building deeper relationships
•
Growing in working capital and FX
More to do
1. 12 months to Jun-25 2 Source: RFI Business Atlas, 6MMA, MFI commercial businesses.
Balances ($bn)
NPS®, #1 of majors
2
76
61
83
63
95
68
Business LendingDeposits
Jun-23Jun-24Jun-25
24
32
55
Sep-23Sep-24Jul-25

REGIONAL & AGRI: OPPORTUNITY
Westpac Business & Wealth Update September 202524
Regional Australia is critical to the national economy
•
One third of the population and contribution to GDP
1
A key growth priority for Westpac
•
Opportunity to grow market share, offering higher first-party
lending volumes and stronger returns
•
#1 NPS® since November 24
2
•
Deep customer relationships with 87% of customers holding a
transaction account
Committed to regional Australia, with an established and
experienced presence
•
We have a well-established in-person presence, with 196
3
points of
presence, a third of the Group’s points of presence
•
Expanding this presence, with three new Regional Service Centres
in Moree (NSW), Leongatha (Vic.), and Smithton (Tas.)
High ROTE, first-party lending, banker tenure
1 Source Regional Australia Institute innovation and productivity in regional Australia discussion paper.
2 Source: RFI Business Atlas, Nov-24 to Jul-25, 6MMA, Commercial (Regional + TAS/NT) and Overall Agribusinesses.
Note: NPS® is reported separately for Commercial (Regional + TAS/NT) and Overall Agribusiness. These scores are not combined.
3 Includes 10 standalone business banking centres.
Regional & Agri Business Lending ($bn)
Regional Points of Presence
17
18
22
Jun-23Jun-24Jun-25
Up 32%

TRANSACTION BANKING

66
72
47
49
32
31
144
151
Jun-24Jun-25
TransactionsTermSavings
116
128
Jun-24Jun-25
•
Transaction account sales increased by 10% yoy
•
Simple, digital onboarding with most customers set up within 5
minutes
–
>35% accounts originated digitally and 60% enabled
1
•
5% increase in deposit balances yoy, driven by transaction accounts
Deposit breakdown ($bn)
TRANSACTION BANKING
Westpac Business & Wealth Update September 202526
Accelerating account growth
Driving deposit balances
1 Jun-25 quarterly average. Digitally originated on our flagship products Business One and Business One Plus.
Transaction account sales (#,000)
Deepening engagement
•
65% of customers digitally active and >200k customers use
Business Money Tools
•
Extended partner offers to all customers, unlocking over $10k value
to businesses
•
Increased points of sale by 12% yoy with >270k merchant terminals
in market
Up 10%
Up 5%

INVESTING IN TRANSACTION BANKING
Westpac Business & Wealth Update September 202527
Get paid
Make payments
Provided a dashboard for
merchants to manage all
payments from a single
channel
Expand partner offers to
reward loyalty
Further enhance business
money tools for cashflow
forecasting, budgeting and
advanced financial insights
in FY26
Enabled seamless switching
between Business One and
Business One Plus
Expand digital onboarding to
complex entities in FY26
Consolidate origination
systems by FY29
Enable digital management
of account authoritiesin FY26
Offer instant digital cards
enabling customers to open
an account and transact within
minutes in FY26
Continuing to protect
customers –SafeCall
and real time AI to
combat scammers
Business One Plus
Business One
Make it easy
Optimise

WEALTH
Westpac Business & Wealth Update September 202529
Strategy / Focus
BT
•
Strengthen BT Platforms Core Proposition
•
Launch refreshed BT Panorama menu with low-cost option
•
Migrate customers from Asgard to BT Panorama
•
Expand the BT investments offering through strategic alliances
Private Wealth
•
Complete transition to Westpac brand
•
Expand the distribution footprint of bankers
•
Move to one online share trading platform
Market share
(%)
Customers
(#,000)Jun-25
15
2
297BT Platforms
n/a39BT Investments
n/a50Private Bank
n/a5Global Investment Services
12473Share Trading
Platforms ($bn)
104
113
127
25
23
21
129
136
147
-0.6
0.8
3.7
Jun-23Jun-24Jun-25
Panorama FUAAsgard FUAPlatform net flows
Global Investment Services (GIS)
7.8
8.6
10.3
0.3
0.5
1.1
Jun-23Jun-24Jun-25
FUA ($bn)Net flows ($bn)
1 Represents BT Platforms net flows for the 12 months to June, excluding benefit payments from pension accounts. 2 Source: Plan For Life, Analysis of Wrap, Platform and Master Trust Managed Funds as at Mar-25. To
enable comparative analysis, Product Type “Corporate Super” is excluded, and Masterfund Division “Master Trust” is excluded. 3 Represents 12 months net flows.
This slide contains ‘forward-looking statements’ and is subject to assumptions, risks and other important information in the Disclaimer on page 35.
13

WESTPAC PACIFIC
Westpac Business & Wealth Update September 202530
Strategy / Focus
•
Longest-serving bank in Fiji and first bank in PNG, operating in
the Pacific since 1901
•
Serve retail, business and institutional customers across a range
of banking and markets products
•
Focus on generating responsible growth and returns
•
Supporting local businesses, improving digital capabilities for
customers and delivering community programs in financial literacy
and education
•
100% deposit funded
Papua New GuineaFijiJun-25
70k270kCustomers
10%17%Lending market share
9%20%Deposit market share
~400~500Employees
15 branches
55 ATMs
15 branches
59 ATMs
Footprint
Fiji
17%
83%
Papua New Guinea
20%
80%
41%
59%
LoansDeposits
$1.1bn$1.5bn
72%
28%
$0.7bn$1.0bn
LoansDeposits
RetailCorporate/commercial/other
RetailCorporate/commercial

CREDIT RISK
Westpac Business & Wealth Update September 202531
Stressed exposures by industry sector (% of TCE)
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.
0.0
2.0
4.0
6.0
8.0
10.0
Finance
&
insurance
PropertyWholesale
&
retail trade
ManufacturingServicesAgriculture,
forestry &
fishing
Property &
business
services
UtilitiesTransport
&
storage
Construction Accommodation
cafes &
restaurants
Mining
Jun-24Mar-25Jun-25
Mining
Accomm,
cafes &
restaurantsConstruction
4
Transport &
storageUtilities
Property &
business
services
Agriculture,
forestry&
fishing
Services
3
Manufacturing
Wholesale &
retail tradeProperty
2
Finance &
Insurance
1
Sector
2.09.210.96.10.814.118.111.3
8.3
14.2
43.52.7Jun-25
TCE
($bn)
1.88.09.75.10.712.515.19.8
7.9
13.2
38.62.5Jun-24
Stressed exposures by industry sector (% of TCE)

BUSINESS LENDING COMPOSITION
Westpac Business & Wealth Update September 202532
Balances by segment
1
($b)
76
83
95
8
8
10
3
3
3
88
95
110
Jun-23 Jun-24 Jun-25
Balances by product ($b)
71
77
89
13
14
16
4
4
5
88
95
110
Jun-23 Jun-24 Jun-25
Balances by channel ($b)
60
62
69
28
33
40
88
95
110
Jun-23 Jun-24 Jun-25
1 Segmentation is based on the amount of TCE – Commercial TCE > $3m and < $100m, SME TCE >$0.5m and < $3m; and Small business TCE < $0.5m. There are exceptions for certain industries and specific customers. 2
Business Lending ADI System market share from APRA Monthly Authorised Deposit-taking Institution Statistics.
CommercialSMEFirst Party
Small Business
Third Party
Private wealth
and other
Term
lending
Equipment
finance
Working
Capital

-8 -6 -4 -2 0 2 4
Property & Property Services
Accommodation, Cafes & Restaurants
Transport & Storage
Retail Trade
Business Services
Personal Services
BUSINESS BANKING – INDUSTRY DYNAMICS
Westpac Business & Wealth Update September 202533
Westpac cashflow gauge (Income to Expenses)
-10
-5
0
5
2022202320242025
IncomeExpensesTotal
Share of businesses improving cashflow conditions
Westpac cashflow gauge by sectorShare of businesses with improving cashflow
conditions
-5
0
5
10
Q1
2023
Q2
2023
Q3
2023
Q4
2023
Q1
2024
Q2
2024
Q3
2024
Q4
2024
Q1
2025
Q2
2025
SMECommercial
Source: Westpac Economics, Macrobond.
Percentage point deviation from average, Rolling 6-month average
-10
-5
0
5
10
2022202320242025
NSWQLDVICWASA
Rolling 12-month percentage point change
Excluding Debt Servicing Payments, Contribution to Quarterly % Change
Quarterly % change

INVESTOR RELATIONS TEAM – CONTACT US
Westpac Business & Wealth Update September 202534
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
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
Westpac Business & Wealth Update September 202535
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 reliabilityof 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 availabilityof 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.