Items Impacting Full Year 2026 Results

A
SX Release
Westpac Banking Corporation
Level 18, 275 Kent Street
Sydney, NSW, 2000
19 October 2026
ITEMS IMPACTING FULL YEAR 2026 RESULTS

RAMS litigation matters 
In 2H26 a Notable Item of $41 million (pre-tax) was recognised for the expenses related to the RAMS
litigation matters and associated legal costs. 

Credit quality metrics
The categories within stressed exposures have been revised to improve alignment between credit
quality and provisioning disclosures.
•A new category has been created for individually assessed exposures. This includes exposures with
an individually assessed provision.
•The impaired exposures category, which will no longer be reported, has been allocated across
individually assessed exposures, non-performing 90+ days past due and non-performing less than
90 days past due.
•A summary of the revised comparatives are included in Attachment 1.
A reclassification of some hardship arrangements impacted 90+ day mortgage delinquencies.
•The impacts to credit quality, credit provisioning and capital were immaterial and comparatives have
not been restated.
•For comparability the Mortgage 90+ day delinquencies presented in the FY26 Investor Discussion
Pack will be revised. This will include an increase of 3bps at September 2025 and 5bps at March 2026.

Full Year 2026 results are scheduled to be announced on Monday, 2 November 2026.

For further information:
Hayden Cooper
Justin McCarthy
Group Head of Media RelationsGeneral Manager, Investor Relations
+61 402 393 619+61 422 800 321
This document has been authorised for release by Sarah Donnelly, Company Secretary.

Attachment 1
Comparative credit quality metrics
Credit quality
As at
31 March 2026
As at
30 Sept 2025
Stressed exposures by credit grade as a % of TCE:
Individually assessed0.08%0.07%
Non-performing, 90+ days past due0.34%0.38%
Non-performing, less than 90 days past due0.30%0.32%
Watchlist and substandard0.44%0.51%
Total stressed exposures1.16%1.28%
Individually assessed exposures to TCE
Business & Wealth0.31%0.24%
Institutional0.08%0.09%
New Zealand0.13%0.14%
Other:
Individually assessed exposures to gross loans0.11%0.11%
Individually assessed provisions to individually assessed exposures59.68%58.81%
Movement in individually assessed exposures
$m
Half Year
March 2026
Full Year Sept
2025
Balance as at beginning of the period916663
New and increased463826
Write-offs(93)(202)
Returned to performing or repaid(253)(364)
Exchange rate and other adjustments(11)(7)
Balance as at end of the period1,022916
Segments
As at
31 March 2026
As at
30 Sept 2025
Business & Wealth
Individually assessed exposures to TCE0.31%0.24%
Institutional
Individually assessed exposures to TCE0.08%0.09%
Westpac New Zealand
Individually assessed exposures to TCE0.13%0.14%
This announcement is unaudited. All amounts are in Australian dollars.