Instructions for Using This Powerpoint Template

NOTE: NOTE: T All images are held in templated image placeholders.

They can be changed by simply selecting and deleting the image, then selecting a new one.

200 years proudly supporting Australia Note that you will have to “send to back” or “bring forward” imagery as necessary.

To move the image around in the placeholder, just select the image, right click and select CROP. Euro Green Bond

Debt Investor Update

European Investor Roadshow November 2017 Select image and move as necessary.

There is a semi-transparent white shape that will need to always be placed on top of the very back image. Dow Jones Sustainability Indices Number one bank globally in 2017, for the 4th year in a row and the 10th time There are red placement lines at since the index was established the top of this slide should you ever need to move and replace

Westpac Banking Corporation the wedge. ABN 33 007 457 141

NOTE: All content placeholders are adaptable. If a placeholder already contains (for example) a bar chart, this can be deleted to insert a table, text, image or other content. The template is very flexible. There are a lot of FONT SIZES layout options provided, manipulate them as needed to suit your content but if it’s not looking right, you can always ‘Reset’ the slide to revert back to the templated layout. IDP TEMPLATE Charts: 10pt │Tables: 12pt │ Text boxes: 12pt │ Text box headings: 14pt

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Disclaimer 2 To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab NotesTo replace that arethe specificimage, simplyto a certain select The material contained in this presentation is intended to be general background information on Westpac Banking Corporation (“Westpac”) layoutand delete will be the placed existing here image then (ABN 33 007 457 141) and its activities. click on the ADD PICTURE icon to insert new image. It should not be reproduced, distributed or transmitted to any person without the consent of Westpac and is not intended for distribution in any jurisdiction in which such distribution would be contrary to local law or regulation. It does not constitute a prospectus, offering memorandum or offer of securities. GRID The information is supplied in summary form and is therefore not necessarily complete. Also, 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 To show the grid, right click the slide and objectives, financial situation or particular needs. The material contained in this presentation may include information derived from publicly select ‘Grids and Guidelines’ > ‘Guides” Body – 12pt Arial Regular sentence case available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or • Bullet – 12pt Arial Regular reliability of the information.  Second Bullet – 12pt Arial Regular All amounts are in Australian dollars unless otherwise indicated. Financial information in this presentation may be presented on a cash earnings basis. Cash earnings is a non-GAAP measure. Refer to Heading – 14pt Times New Roman Bold Westpac’s 2017 Annual Report on Form 20-F for the year ended 30 September 2017 filed with the SEC for details of the basis of preparation Note – 10pt Arial Regular of cash earnings. Refer to Appendix 2 for a reconciliation of reported net profit to cash earnings. Financial data in this presentation is as at 30 September 2017 unless otherwise indicated. Comparisons of FY17 financial results are to FY16 unless otherwise stated. Information contained in or otherwise accessible through the websites mentioned in this presentation does not form part of the presentation unless we specifically state that the information is incorporated by reference thereby forming part of the presentation. All references in this Text boxes have 0.0cm margin on all sides 0.40 presentation to websites are inactive textual references and are for information only. Chart heading text boxes have 0.25cm margin on left Disclosure regarding forward-looking statements 0.80 This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the US Securities Act Subheading in charts is 10pt bold of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. Forward-looking statements are statements about matters that are not historical facts. Forward-looking statements appear in a number of places in this presentation and include Text in charts is 10pt statements regarding our intent, belief or current expectations with respect to our business and operations, market conditions, results of TABLES operations and financial condition, including, without limitation, future loan loss provisions, financial support to certain borrowers, indicative drivers, forecasted economic indicators and performance metric outcomes. SHAPES Headings 12pt bold all CAPS We use words such as ‘will’, ‘may’, ‘expect’, 'indicative', ‘intend’, ‘seek’, ‘would’, ‘should’, ‘could’, ‘continue’, ‘plan’, ‘aim’, ‘probability’, ‘risk’, Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. ‘forecast’, ‘likely’, ‘estimate’, ‘anticipate’, ‘believe’, or other similar words to identify forward-looking statements. These forward-looking All other horizontal lines .75pt grey statements reflect our current views with respect to future events and are subject to change, certain risks, uncertainties and assumptions Total line same as heading which are, in many instances, beyond our control and have been made based upon management’s expectations and beliefs concerning All text 12pt where possible, reduced future developments and their potential effect upon us. There can be no assurance that future developments will be in accordance with our where required to a minimum of 8pt expectations or that the effect of future developments on us will be those anticipated. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results could differ materially from the expectations described in this presentation. Factors that may impact on the forward-looking statements made include, but are not limited to, those described in the section entitled ‘Risk factors’ in Westpac’s Annual Report on Form 20-F for the year ended 30 September 2017 filed with the SEC. When relying on CHART HEADINGS forward-looking statements to make decisions with respect to us, investors and others should carefully consider such factors and other uncertainties and events. We are under no obligation, and do not intend, to update any forward-looking statements contained in this The heading box should sit 0.2cm indented from presentation, whether as a result of new information, future events or otherwise, after the date of this presentation. Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

BTFG Business Consumer New Zealand WIB R0 R139 R228 R175 R84 G175 G15 G26 G38 G49 B215 B9 B18 B22 B78 NOTE: All content placeholders are adaptable. If a placeholder already contains (for example) a bar chart, this can be deleted to insert a table, text, image or other content. The template is very flexible. There are a lot of FONT SIZES layout options provided, manipulate them as needed to suit your content but if it’s not looking right, you can always ‘Reset’ the slide to revert back to the templated layout. IDP TEMPLATE Charts: 10pt │Tables: 12pt │ Text boxes: 12pt │ Text box headings: 14pt

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 3 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Westpac: clear domestic focus and a strong market position To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Unique portfolio of national and regional brands Large domestic presence

Top 10 banks in Australia by total resident assets1 (A$bn) Australian retail banking and wealth Westpac GRID CBA To show the grid, right click the slide and Body – 12pt Arial Regular sentence case NAB select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular ANZ  Second Bullet – 12pt Arial Regular Macquarie Bank Bendigo and Adelaide Bank Heading – 14pt Times New Roman Bold Suncorp-Metway Note – 10pt Arial Regular ING Bank (Australia) Westpac Institutional Bank Westpac New Zealand Bank of Queensland HSBC Bank Australia Text boxes have 0.0cm margin on all sides 0.40 0 200 400 600 800 Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Clear focus on Australia and New Zealand Strong market share positions Text in charts is 10pt TABLES Revenue by geography (%) Net loans (%) Customers 13.8m SHAPES Headings 12pt bold all CAPS 2 2 Australian household deposit market share2 23% Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. 12 10 All other horizontal lines .75pt grey 3 Total line same as heading Australian mortgage market share3 23% All text 12pt where possible, reduced where required to a minimum of 8pt 22 Australian business market share3 19% 62

86 Australian wealth platforms market share4 19% CHART HEADINGS

New Zealand deposit market share5 19% The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the Australia New Zealand Housing Australia Business Australia the top and right side of the chart background box. angles of the curves on each side. Other Australia New Zealand 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join Other New Zealand consumer lending market share5 19% 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Other Overseas Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1 Source: APRA Banking Statistics August 2017. Total resident assets refers to all assets on the banks' domestic books that are due from residents. 2 Source: APRA Banking Statistics September 2017. manually paste a two line heading box over this 3 Source: RBA Financial Aggregates, September 2017. 4 Source: Strategic Insight, 30 June 2017. 5 Source: RBNZ, September 2017. area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 4 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Full Year 2017 financial performance To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain % Change layout will be placed here FY17 Reported Results FY17 FY17-FY16 Capital ratios (%) Balance sheet ratios (%) Financial results (A$m) 21.1 124 16.2 GRID Net operating income 21,802 4 109 10.6 100 100 6.3 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case Expenses (9,434) 2 select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Net profit before impairment charges and 12,368 5

 Second Bullet – 12pt Arial Regular income tax expenses ratio

Heading – 14pt Times New Roman Bold ratio Impairment charges (853) (24) Total

Note – 10pt Arial Regular Leverage reg. capital reg. Reported net profit after tax 7,990 7

LCR

CET1 capital ratio CET1capital ratio CET1capital

Cash earnings 8,062 3 NSFR minimum

Text boxes have 0.0cm margin on all sides APRA Internationally minimum Regulatory 0.40 Financial metrics basis comparable basis Regulatory Chart heading text boxes have 0.25cm margin on left Return on average ordinary equity 13.6% 33bps 0.80

Subheading in charts is 10pt bold Earnings per share 238.0c 6 Impairment charges to average gross loans annualised Text in charts is 10pt (bps) Net interest margin 2.06% (4bps) TABLES SHAPES Expense to income ratio 43.3% (65bps) Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Impairment charges to average gross loans 73 All other horizontal lines .75pt grey 13bps (4bps) Total line same as heading annualised All text 12pt where possible, reduced where required to a minimum of 8pt Balance sheet and asset quality Total committed exposure (TCE) $1.0tr 3 31 30 22 24 CHART HEADINGS 19 16 17 Loans $684.9bn 3 12 12 13 The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the Customer deposits $486.7bn 4 the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Gross impaired assets to gross loans 0.22% (10bps) FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 5 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Westpac capital levels ‘unquestionably strong’ To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here CET1 capital ratio (%) and CET1 capital ($bn) (APRA basis) Key capital ratios (%)

Westpac CET1 capital (lhs, $bn) APRA Level 2 basis Sep-16 Mar-17 Sep-17 APRA’s unquestionably GRID Westpac CET1 capital ratio (rhs, %) strong benchmark 10.5%, under the current capital To show the grid, right click the slide and Body – 12pt Arial Regular sentence case CET1 capital ratio 9.5 10.0 10.6 select ‘Grids and Guidelines’ > ‘Guides” adequacy framework • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular Additional Tier 1 capital 1.7 1.7 2.1 $bn Increase in mortgage % Heading – 14pt Times New Roman Bold RWA to 25% avg, Note – 10pt Arial Regular 55 Building for 1% effective 1 July 2016 12.0 Tier 1 capital ratio 11.2 11.7 12.7 DSIB 10.5 10.6 10.2 10.1 50 10.0 10.0 Tier 2 capital 1.9 2.3 2.2 9.5 9.5 9.3 10.0 Text boxes have 0.0cm margin on all sides 9.0 0.40 9.0 8.8 Chart heading text boxes have 0.25cm margin on left 45 8.4 0.80 Total regulatory capital ratio 13.1 14.0 14.8 Subheading in charts is 10pt bold 8.0 40 43 Text in charts is 10pt 40 41 Risk weighted assets 39 410 404 404 TABLES 38 38 (RWA) ($bn) 37 SHAPES 35 37 6.0 Headings 12pt bold all CAPS 34 Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Leverage ratio 5.2 5.3 5.7 All other horizontal lines .75pt grey 30 32 Total line same as heading 30 30 4.0 All text 12pt where possible, reduced 29 Internationally comparable where required to a minimum of 8pt 25 ratios1 2.0 20 Leverage ratio (internationally CHART HEADINGS 5.9 6.0 6.3 comparable) The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the 15 0.0 the top and right side of the chart background box. angles of the curves on each side. CET1 capital ratio 1 line heading box = 0.8cm height Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 14.4 15.3 16.2 To create a longer wave shape, resize proportionally and join (internationally comparable) 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1 The basis of the internationally comparable CET1 capital ratio aligns with the APRA study titled “International capital comparison study", released 13 July 2015. For more details on adjustments refer to Appendix 1. manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Well placed on internationally comparable Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 6 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. CET1 and leverage ratios To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain Common equity Tier 1 ratio (%) layout will be placed here

25% 20% 16.20% GRID 15% To show the grid, right click the slide and Body – 12pt Arial Regular sentence case 10% select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular 5%

 Second Bullet – 12pt Arial Regular 0%

ING

ANZ

RBS NAB

Heading – 14pt Times New Roman Bold CBA

ICBC

BBVA

BPCE

HSBC

Lloyds

Natixis

Nordea

Barclays

Westpac Unicredit

Note – 10pt Arial Regular Citigroup

Rabobank

Santander

MizuhoFG

Scotiabank WellsFargo

BNPParibas

CreditSuisse

Bankof China

Commerzbank

DeutscheBank

Mitsubishi UFG

IntesaSanpaolo

Bankof America

SumitomoMitsui

Bankof Montreal

JPMorganChase

SocieteGenerale

NorinchukinBank

CreditAgricole SA

StandardChartered

RoyalBank Canada of China MerchantsBank

Text boxes have 0.0cm margin on all sides TorontoDominion Bank China ConstructionBank

0.40 Bankof Communications AgriculturalBank of China Chart heading text boxes have 0.25cm margin on left 0.80 Leverage ratio (%) Subheading in charts is 10pt bold Text in charts is 10pt 8% TABLES 6.33% SHAPES 6% Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. 4% All other horizontal lines .75pt grey Total line same as heading 2% All text 12pt where possible, reduced where required to a minimum of 8pt

ING

ANZ

NAB CBA RBS

ICBC

BBVA

BPCE

HSBC

Lloyds Natixis

Nordea CHART HEADINGS

Barclays

Westpac

Unicredit

Rabobank

Santander

MizuhoFG

Scotiabank

BNPParibas CreditSuisse

Bankof China The heading box should sit 0.2cm indented from

Commerzbank

DeutscheBank

Mitsubishi UFG

IntesaSanpaolo

SumitomoMitsui Bankof Montreal

Never skew the shape. Resize proportionally in order to keep the SocieteGenerale the top and right side of the chart background box.

NorinchukinBank CreditAgricole SA

angles of the curves on each side. StandardChartered 1 line heading box = 0.8cm height RoyalBank Canada of To create a longer wave shape, resize proportionally and join China MerchantsBank

TorontoDominion Bank 2 line heading box = 1.2cm height

China ConstructionBank Bankof Communications multiple shapes together with aligning and grouping. AgriculturalBank of China Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 Peer group comprises listed commercial banks with assets in excess of A$700bn and which have disclosed fully implemented Basel III ratios or provided sufficient disclosure to estimate. Based on company reports/presentations. Ratios at 30 June E.g. these: 2017, except for Westpac, ANZ and NAB, which are at 30 Sep 2017, while Scotiabank, Bank of Montreal, Royal Bank of Canada and Toronto Dominion are at 31 July 2017. For CET1, assumes Basel III capital reforms fully implemented. manually paste a two line heading box over this Leverage ratio is on a transitional basis. Where accrued expected dividends have been deducted, these have been added back for comparability. US banks are excluded from leverage ratio analysis due to business model differences, for example area. Select from the pre-made options on ‘chart from loans sold to US Government sponsored enterprises. title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 7 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Well positioned for NSFR on 1 January 2018 To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Liquidity coverage ratio ($bn and %) Liquidity coverage ratio (%) Unencumbered liquid assets ($bn) Committed Liquidity Facility ($bn) Self securitisation Sep-16 Mar-17 Sep-17 5 HQLA ($bn) Private securities and deposits with other banks HQLA1 69.4 73.6 71.9 Cash, government and semi-government bonds GRID LCR (%) 2 144 To show the grid, right click the slide and CLF 58.6 49.1 49.1 134 139 138 Body – 12pt Arial Regular sentence case 127 125 124 select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Total LCR Liquid assets 128.0 122.7 121.0 56 47 48  Second Bullet – 12pt Arial Regular 16 18 Customer deposits 63.5 65.9 65.6 58.6 58.6 49.1 49.1 21 Heading – 14pt Times New Roman Bold 111 Wholesale funding 13.1 13.2 12.2 75 72 Note – 10pt Arial Regular 68 3 Other flows 19.2 19.1 20.1 73.6 71.9 66.2 69.4 Sep-16 Mar-17 Sep-17 Total short term Total cash outflows 95.8 98.2 98.0 wholesale debt6 outstanding at Text boxes have 0.0cm margin on all sides 0.40 LCR4 134% 125% 124% Mar-16 Sep-16 Mar-17 Sep-17 30 Sep 17 Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Net stable funding ratio (NSFR, $bn) Total funding composition (%) New term issuance by tenor11,12 (%) Text in charts is 10pt 566 By residual maturity TABLES 521 4.7yrs 4.9yrs 5.4yrs 5.8yrs WAM11 W’sale funding Liquids Wholesale Onshore <1yr SHAPES 8 7 6 & other liabilities and other 16 Headings 12pt bold all CAPS Corporate & 8 8 18 >5years Heading divider line 1.5pt red Wholesale Offshore <1yr 25 Use the shapes supplied in the ‘Editable Elements’ section. Institutional Other loans9 28 All other horizontal lines .75pt grey deposits 20 4 4 Wholesale Onshore >1yr 43 5 years Total line same as heading 11 11 All text 12pt where possible, reduced Retail & SME 1 1 Wholesale Offshore >1yr where required to a minimum of 8pt deposits 4 8 8 44 4 years Residential 10 40 mortgages 1 Securitisation 45 ≤35% 5 30 3 years Capital Equity10 CHART HEADINGS 61 62 2 years Customer deposits 25 Available Stable Required Stable 44 30 17 The heading box should sit 0.2cm indented from Funding Funding 25 1 years Never skew the shape. Resize proportionally in order to keep the 7 the top and right side of the chart background box. angles of the curves on each side. 8 1 line heading box = 0.8cm height Mar-17 Sep-17 4 To create a longer wave shape, resize proportionally and join Estimated NSFR7 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. 108% 109% Sep-08 Sep-16 Sep-17 FY14 FY15 FY16 FY17 Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 1 Includes HQLA as defined in APS 210, RBNZ eligible liquids, less RBA open repos funding end of day ESA balances with the RBA. 2 The RBA makes available to Australian Authorised Deposit-taking Institutions a committed liquidity facility (CLF) that, E.g. these: subject to qualifying conditions, can be accessed to meet LCR requirements under APS210 – Liquidity. 3 Other flows include credit and liquidity facilities, collateral outflows and inflows from customers. 4 LCR is calculated as the percentage ratio of stock of HQLA and CLF over the total net cash outflows in a modelled 30 day defined stressed scenario. Calculated on a spot basis. 5 Private securities include Bank paper, RMBS, and Supra-nationals. 6 Includes long term wholesale funding with a manually paste a two line heading box over this residual maturity less than or equal to 1 year. 7 NSFR is estimated based on current APRA guidelines. NSFR will commence in Australia on 1 January 2018. 8 Other includes derivatives and other assets. 9 Other loans includes off balance sheet area. Select from the pre-made options on ‘chart exposures and residential mortgages >35% risk weight. 10 Equity excludes FX translation, Available-for-Sale securities and Cash Flow Hedging Reserves. 11 Tenor excludes RMBS and ABS. 12 Contractual maturity date for hybrids and callable subordinated instruments is the first scheduled conversion date or call date for the purposes of this disclosure. title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 8 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. New term issuance well diversified To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here FY17 new term issuance composition1 (%)

By type By investor location2 By currency By tenor3,4 GRID 30 22 3 43 18 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case 9 4 select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular 5 1 2 4 Second Bullet – 12pt Arial Regular 8  8 12 66 28 49 21 30 Heading – 14pt Times New Roman Bold 17 Note – 10pt Arial Regular 19 0.3

Senior Unsecured Covered Bonds Asia Australia & NZ AUD USD EUR 1 Year 2 Years 3 Years Securitisation Hybrid Europe North America Text boxes have 0.0cm margin on all sides GBP Other 0.40 Subordinated Debt UK Other 4 Years 5 Years >5 years Chart heading text boxes have 0.25cm margin on left Charts may not add to 100 due to rounding. 0.80 1,3,5 Subheading in charts is 10pt bold Term debt issuance and maturity profile ($bn) Australian covered bond issuance6 ($bn) Text in charts is 10pt Sub Debt Issuance Maturities Outstanding Remaining capacity TABLES Senior/Securitisation (8% cap & over-collateralisation) SHAPES 42 Headings 12pt bold all CAPS Hybrid Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. 37 Covered Bond All other horizontal lines .75pt grey 33 33 Total line same as heading 31 34 All text 12pt where possible, reduced 27 27 31 26 26 31 where required to a minimum of 8pt 22 20 21 27 CHART HEADINGS 25 23 20 The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the 14 the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 >FY22 Peer 1 Peer 2 Peer 3 Westpac Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 1 Based on residual maturity and FX spot currency translation. Includes all debt issuance with contractual maturity greater than 370 days excluding US Commercial Paper and Yankee Certificates of Deposit. 2 Westpac public benchmark transactions E.g. these: only. 3 Contractual maturity date for hybrids and callable subordinated instruments is the first scheduled conversion date or call date for the purposes of this disclosure. 4 Tenor excludes RMBS and ABS. 5 Perpetual sub-debt has been included in manually paste a two line heading box over this >FY22 maturity bucket. Maturities exclude securitisation amortisation. 6 Sources: Westpac, APRA Banking Statistics September 2017. area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 9 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Impaired assets and stressed assets lower To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Stressed exposures as a % of TCE (%) New and increased gross impaired assets ($m)

Watchlist & substandard 1,748 GRID 90+ day past due and not impaired 1,519 1,343 To show the grid, right click the slide and 1,218 Body – 12pt Arial Regular sentence case Impaired 1,194 select ‘Grids and Guidelines’ > ‘Guides” 3.20 1,060 997 1,078 • Bullet – 12pt Arial Regular 3.09 958  Second Bullet – 12pt Arial Regular 708 609 607 633 589 Heading – 14pt Times New Roman Bold 477 440 Note – 10pt Arial Regular Lower stress reflects 2.48 refinance and work-out of some institutional facilities 2.17 and an improved outlook for

Text boxes have 0.0cm margin on all sides

2H10 1H11 2H11 1H12 2H12 1H13 2H13 1H14 2H14 1H15 2H15 1H16 2H16 1H17 2H17 2.07 1H10 0.40 some NZ dairy exposures Chart heading text boxes have 0.25cm margin on left 2.23 0.80 Subheading in charts is 10pt bold 1.45 1.60 Provisions Text in charts is 10pt 1.24 TABLES 2H16 1H17 2H17 1.24 1.20 SHAPES Headings 12pt bold all CAPS 0.85 1.05 0.99 Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Total provisions to gross loans (bps) 54 52 45 All other horizontal lines .75pt grey 0.46 0.71 0.65 Total line same as heading 0.41 0.56 All text 12pt where possible, reduced 0.29 0.35 0.54 where required to a minimum of 8pt 0.31 Impaired asset provisions to impaired assets (%) 49 52 46 0.26 0.67 0.33 0.57 0.62 0.58 0.25 0.34 CHART HEADINGS 0.44 Collectively assessed provisions to credit RWA (bps) 76 77 76 0.27 0.20 0.22 0.15 The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height

To create a longer wave shape, resize proportionally and join Economic overlay ($m) 389 378 323 2 line heading box = 1.2cm height

Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 multiple shapes together with aligning and grouping. Sep-09 Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

BTFG Business Consumer New Zealand WIB R0 R139 R228 R175 R84 G175 G15 G26 G38 G49 B215 B9 B18 B22 B78 NOTE: NOTE: T All images are held in templated image placeholders.

They can be changed by simply selecting and deleting the image, then selecting a new one.

200 years proudly supporting Australia Note that you will have to “send to back” or “bring forward” imagery as necessary.

To move the image around in the placeholder, just select the image, right click and select CROP. Sustainability –

Environmental, Social and

Governance at Westpac Select image and move as necessary.

There is a semi-transparent white shape that will need to always be placed on top of the very back image.

There are red placement lines at the top of this slide should you ever need to move and replace

Westpac Banking Corporation the wedge. ABN 33 007 457 141

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 11 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Overview To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain Fifteen years ago Westpac set out its first sustainability strategy outlining the layout will be placed here bank’s position on the responsibility of business, with the vision that every generation should live better than the last GRID To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular Heading – 14pt Times New Roman Bold Note – 10pt Arial Regular Part of doing business at Westpac

Text boxes have 0.0cm margin on all sides 0.40 Strategic priorities Track record Significant achievements Chart heading text boxes have 0.25cm margin on left 0.80 • Ranked world’s most sustainable bank for • Released updated position statements and Subheading in charts is 10pt bold • Help improve the way people 10th time in 2017 Dow Jones Sustainability Text in charts is 10pt work and live as our society changes 2020 Action Plans for Climate Change and Indices Review Human Rights TABLES • Help find solutions to SHAPES • Recognised as one of only ten Australian • Maintained our carbon neutral status for 4th Headings 12pt bold all CAPS environmental challenges Heading divider line 1.5pt red companies to achieve Leadership level in year in a row Use the shapes supplied in the ‘Editable Elements’ section. 1 All other horizontal lines .75pt grey • Help customers to have a the 2017 CDP , with a climate score of A-. Total line same as heading • 50% target reached for women in leadership All text 12pt where possible, reduced better relationship with money This puts Westpac among the top 22% of companies globally to achieve this level positions where required to a minimum of 8pt for a better life • Assigned Gold Class ranking in the 2017 • Awarded more than 200 education RobecoSAM Sustainability Yearbook scholarships, 200 community grants, and CHART HEADINGS recognised 200 Businesses of Tomorrow in our • Awarded 6 Star Green Star interior rating 200th year The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the for Bank of Melbourne ﬂagship branch by the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join Green Building Council of Australia 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 1 E.g. these: CDP, formerly the Carbon Disclosure Project manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text In 2013, we set out a five-year strategy stating our vision, Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 12 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. strategic priorities and priorities for a sustainable future To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here

GRID

Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

SHAPES Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt

CHART HEADINGS

The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 13 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Progress on our Strategy To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Embracing Environmental Better societal change solutions financial futures GRID Helping improve the way people work Helping find solutions to Helping customers to have a better relationship To show the grid, right click the slide and environmental challenges Body – 12pt Arial Regular sentence case and live, as our society changes with money, for a better life select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular • Ensure our workforce is representative of the community • Provide products and services to help customers adapt • Ensure all customers have access to the right advice to achieve a secure retirement  Second Bullet – 12pt Arial Regular • Extend length and quality of working lives to environmental challenges • Help customers meet their financial goals in retirement • Anticipating the future needs of ageing and culturally • Increase lending and investment in CleanTech and Heading – 14pt Times New Roman Bold diverse customers environmental services • Increase access to financial services in the Pacific Note – 10pt Arial Regular • Reduce our environmental footprint • Help people gain access to social and affordable housing

Unique services launched to help Make up to $6 billion available for Make up to $2 billion available for customers adapt to environmental lending and investment in CleanTech Westpac Group customers with lending and investment in the social Women in leadership (%) Indigenous Australians recruited challenges (cumulative number) and environmental services ($bn) Westpac Group superannuation (%) and affordable housing sector ($bn) Text boxes have 0.0cm margin on all sides 0.40 2017 Target 50 2017 Target 500 2017 Target 5 2017 Target 6.0 2017 Target 8.9 2017 Target 2.0

Chart heading text boxes have 0.25cm margin on left 2017 50 2017 628 2017 9 2017 7.0 2017 7.5 2017 1.3 0.80 2016 2016 2016 Subheading in charts is 10pt bold 2016 48 2016 451 6 6.2 7.8 2016 1.1 Text in charts is 10pt 2015 46 2015 219 2015 4 2015 6.1 2015 8.1 2015 1.0 TABLES 2014 44 2014 4 2014 8.0 2014 8.1 2014 0.8 SHAPES 2013 42 2013 2 2013 6.4 2013 7.4 2013 0.7 Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Initiatives introduced that support Average customer satisfaction All other horizontal lines .75pt grey the financial wellbeing of ageing and Wellbeing average Electricity efficiency in commercial Recycling rates in Sydney head Net basic banking account customers rating as reflected through BT Total line same as heading culturally diverse customers Work Ability Index1 and retail sites (kWh/m2) offices (% of waste) in the Pacific (cumulative ‘000) Adviser View All text 12pt where possible, reduced where required to a minimum of 8pt 2017 Target 5 2017 Target 44 2017 Target 181 2017 Target 75 2017 Target 300 2017 Target 4.9

2017 9 2017 41 2017 169 2017 75 2017 355 2017 4.91 CHART HEADINGS 2016 7 2016 42 2016 180 2016 73 2016 297 2016 4.89

2015 5 2015 40 2015 193 2015 61 2015 292 The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. 2014 2014 59 2014 angles of the curves on each side. 2014 4 198 225 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2013 1 2013 200 2013 55 2013 147 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 1 E.g. these: Wellbeing average Work Ability Index (biennial index score out of 49;conducted out of cycle in 2016) manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 14 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Alignment to the UN Sustainable Development Goals To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Overview Alignment to the Sustainable Development Goals

• In 2016, building on our • Conduct and culture earlier mapping of Conduct • Changing regulatory landscape GRID Westpac activities to the and Trust • Financial and economic performance • Governance, risk and remuneration To show the grid, right click the slide and Body – 12pt Arial Regular sentence case UN Sustainable select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Development Goals (SDGs), we publicly  Second Bullet – 12pt Arial Regular Service • Customer experience, support and access Heading – 14pt Times New Roman Bold confirmed our support for leadership • Financial capability and empowerment the SDGs through a Note – 10pt Arial Regular ‘CEO Statement of Support’ coordinated by the UNGC Network Digital • Digital product and service transformation Text boxes have 0.0cm margin on all sides innovation 0.40 Australia • Information security and data privacy Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold • Westpac has identified • Talent attraction and retention Workforce Text in charts is 10pt six priority SDGs that we • Workforce wellbeing of the future TABLES can most directly • Inclusion and diversity SHAPES influence through our Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. business model • Supporting communities in need All other horizontal lines .75pt grey Positive • Positive impact finance Total line same as heading societal All text 12pt where possible, reduced • Climate change transition and opportunities impact where required to a minimum of 8pt • We have mapped these • Societal diversity and prosperity priority SDGs against our material issues in the CHART HEADINGS following table Value • Our direct environment footprint chain risk • Value chain sustainability risks The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: Note: The table shows the six Sustainable Development Goals we have prioritised. As we respond to our most material issues, Westpac’s actions will support the achievement of these priority goals, while also manually paste a two line heading box over this considering the role we can play to support the remaining 11 goals. area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 15 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Sustainability governance framework To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain Westpac Board layout will be placed here Westpac Westpac Stakeholder New Zealand Advisory Council Executive Team External Stakeholder GRID Panel Westpac Group Inclusion Westpac New Zealand Sustainable To show the grid, right click the slide and Westpac Group Sustainability Council Body – 12pt Arial Regular sentence case Westpac and Diversity Council Business Steering Committee select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Indigenous Advisory  Second Bullet – 12pt Arial Regular Internal Committee Committee Divisional committees and working groups Heading – 14pt Times New Roman Bold External Committee Note – 10pt Arial Regular Guiding our approach Managing risk Driving action • Principles for doing business • Sustainability risk management framework • Sustainability strategy 2013-17 • Stakeholder engagement framework • Risk management framework • Inclusion and diversity strategy Text boxes have 0.0cm margin on all sides 0.40 • Social impact framework • Responsible sourcing code of conduct • Divisional and business unit strategies Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Policies and position statements Specific policies and positions Action plans and divisional strategies Text in charts is 10pt • Climate change and environmental position • ESG credit policy • Climate change and environmental action plan TABLES statement • Financing agribusiness • Reconciliation action plan SHAPES • Human rights position statement • Financing the defence sector • Human rights action plan Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. • Responsible investment position statement • Financing a sustainable energy system • Accessibility action plan All other horizontal lines .75pt grey • Supplier inclusion and diversity policy • Financing tobacco • Financial inclusion action plan Total line same as heading All text 12pt where possible, reduced • Wellbeing policy where required to a minimum of 8pt

Global commitments and partnerships CHART HEADINGS • Equator principles • Banking environment initiative’s soft commodities • Principles for responsible investment • UN sustainable development goals compact • UN global compact The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the • UN environment program – finance initiative the top and right side of the chart background box. angles of the curves on each side. • Global investor statement on climate change • We mean business coalition 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 Interim and annual reporting E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 16 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Westpac’s framework for managing ESG risks… To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Westpac’s approach to environmental, social, and governance Governance and oversight forums for the ongoing assessment of companies and projects management of environmental challenges

GRID

Group-wide sustainability performance is reported to the • A Board-approved Risk Management 1 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case Westpac Group Executive Team and Westpac Board select ‘Grids and Guidelines’ > ‘Guides” Strategy that covers sustainability and • Bullet – 12pt Arial Regular reputational risks  Second Bullet – 12pt Arial Regular • Underpinned by a number of key risk Heading – 14pt Times New Roman Bold Risk Management documents on sustainability Group Sustainability Council Note – 10pt Arial Regular Strategy has responsibility for the Group’s delivery 2 on the sustainability strategy

• When assessing a project or prospective customer, Text boxes have 0.0cm margin on all sides 0.40 Westpac credit officers, deal teams and sustainability Chart heading text boxes have 0.25cm margin on left specialists screen against Environmental Management Committee 0.80  Environmental risks 3 has responsibility for the Group’s footprint and performance Subheading in charts is 10pt bold  Social risks against efficiency metrics Text in charts is 10pt Screening  Governance risks  All other Westpac position statements TABLES

SHAPES Headings 12pt bold all CAPS Climate Change Solutions Committee Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. 4 has responsibility for driving performance against our All other horizontal lines .75pt grey • In addition, Westpac applies the commitment to make available up to A$10 billion in lending and Total line same as heading investment to climate change solutions by 2020 and A$25 All text 12pt where possible, reduced Equator Principles (EP III) to all where required to a minimum of 8pt project finance transactions, project- billion by 2030 related corporate loans, and bridge loans with a tenor of less than two CHART HEADINGS Equator Principles years Working groups are also formed to manage specific The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the 5 environmental issues as they arise the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join If the identified ESG risks do not meet Westpac’s risk appetite—which includes a 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. requirement to meet the criteria outlined in our position statements – then we will not Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: proceed with the transaction manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 17 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. …which we continue to update To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here • Westpac continues to update the Group’s Climate change Human rights Reconciliation sustainability governance frameworks responding to material sustainability topics, both issues and opportunities, including: GRID

 Climate Change Position Statement and To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” 2020 Action Plan • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular  Human Rights Position Statement and Heading – 14pt Times New Roman Bold 2020 Action Plan Note – 10pt Arial Regular  Reconciliation Action Plan 2018 - 2020  Accessibility Action Plan 2018 - 2020

Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left • Released our first Slavery and Human 0.80 Trafficking Statement in response to the Subheading in charts is 10pt bold Accessibility Modern Slavery Act Supply chain Text in charts is 10pt UK Modern Slavery Act in 2016 TABLES

SHAPES Headings 12pt bold all CAPS • Released our Responsible Sourcing Code Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey of Conduct and established our global Total line same as heading Responsible Sourcing Steering Committee All text 12pt where possible, reduced to oversee its application in 2017 where required to a minimum of 8pt

CHART HEADINGS

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 18 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Westpac Climate Change Position Statement and 2020 Action Plan To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Westpac was the first Australian bank to recognise the importance of limiting global warming to two degrees

Westpac’s Approach Our Our 2020 GRID

to Climate Change Principles Action Plan To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular The Westpac Group has long recognised The following focus areas will direct Westpac’s actions The core principles that guide and inform Westpac’s that climate change is one of the most on climate change: approach to climate change are:  Second Bullet – 12pt Arial Regular significant issues that will impact the Heading – 14pt Times New Roman Bold long-term prosperity of our economy and Note – 10pt Arial Regular way of life 1 A transition to a net zero emissions 1 Provide finance to back economy is required climate change solutions

Text boxes have 0.0cm margin on all sides 0.40 Since we set out our first climate change action plan almost a decade ago, we Economic growth and emissions Support businesses that manage Chart heading text boxes have 0.25cm margin on left have been helping customers and 2 reductions are complementary goals 2 their climate-related risks 0.80 Subheading in charts is 10pt bold communities transition to a low carbon Text in charts is 10pt economy TABLES Addressing climate change creates Help individual customers SHAPES 3 3 Headings 12pt bold all CAPS financial opportunities respond to climate change Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Westpac Climate Change Position All other horizontal lines .75pt grey Statement and Action Plan builds on our Total line same as heading All text 12pt where possible, reduced strong track record, outlining the next where required to a minimum of 8pt phase of actions we are taking to meet Climate-related risk is a Improve and disclose our our commitment to operate a manner 4 financial risk 4 climate change performance consistent with limiting global warming to CHART HEADINGS less than two degrees Celsius above pre-industrial levels The heading box should sit 0.2cm indented from Advocate for policies that stimulate Never skew the shape. Resize proportionally in order to keep the Transparency and the top and right side of the chart background box. angles of the curves on each side. investment in climate change 1 line heading box = 0.8cm height 5 disclosure matters 5 To create a longer wave shape, resize proportionally and join solutions 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manuallyNote: Westpaccolour the wasadditional the first serie Australians. bank to recognise the importance of Westpac primary colours limiting global warming to two degrees. Westpac 2013-2017 Climate R228 R73 R84 R147 R175 R73 R139Change PositionR59 StatementR42 and R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 Action Plan,B44 2013. B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 19 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Our 2020 Action Plan To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here

GRID

Increase our target lending exposure to climate change solutions to $10 billion by 2020 and $25 billion by 2030 Text boxes have 0.0cm margin on all sides 1 0.40 Facilitate up to $3 billion in climate change solutions by 2020, e.g. Climate Bond issuance and arrangement Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Support businesses that manage their climate-related risks Text in charts is 10pt 2 and play a constructive role as they manage the transition TABLES

SHAPES Headings 12pt bold all CAPS Help individual customers respond to climate change Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey 3 by making their homes more climate-resilient, improve energy efficiency and reduce their environmental impact Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt Improve and Disclose our climate change performance 4 for example setting targets to reduce Westpac’s direct footprint emissions by 9% by 2020 and 34% by 2030 CHART HEADINGS

Advocate for policies The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 5 such as a continued commitment to a broad market-based price on carbon as the most efficient way to encourage emissions 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join reductions at the lowest cost to the economy 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 20 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Provide finance to back climate change solutions To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here CleanTech and environmental Group mining portfolio to total services exposure ($bn) lending TCE (%)

GRID

• In our role as a financial intermediary we 7.0 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” act as a market facilitator and partner to 6.7 • Bullet – 12pt Arial Regular 6.3 1 Total Group lending existing and new customers, backing 6.1 6.2  Second Bullet – 12pt Arial Regular (ex. Mining) financially viable, affordable, low carbon Mining Heading – 14pt Times New Roman Bold solutions that will drive the transition to a Note – 10pt Arial Regular net zero emissions economy whilst accelerating the reduction in emissions 99

Text boxes have 0.0cm margin on all sides • In 2017, Westpac’s commitment to 0.40 Climate Change Solutions markets was Sep-15 Mar-16 Sep-16 Mar-17 Sep-17 Chart heading text boxes have 0.25cm margin on left A$7.0bn 0.80 CleanTech and environmental Mining portfolio (TCE) by sector Subheading in charts is 10pt bold Text in charts is 10pt − Increased target since 2013 despite services exposure (%) (%) more stringent criteria in 2015 for green TABLES TCE as at 30 September 2017 $7bn TCE at 30 September 2017 $9.7bn SHAPES buildings, lifting from 4 star NABERS 3.1 0.3 0.2 Headings 12pt bold all CAPS rating to 5 stars Green buildings 50 1H16 2H16 1H17 2H17 Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. 3.5 All other horizontal lines .75pt grey 4.3 Renewable energy 40 Total line same as heading • As of 30 September 2017, 1% of total All text 12pt where possible, reduced Group lending was to mining activities with Forestry 30 where required to a minimum of 8pt lending to coal mining being 8% of the Waste 20 31.6 total mining portfolio 57.0 CHART HEADINGS Other 10 Energy efficiency The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the 0 the top and right side of the chart background box. angles of the curves on each side. Oil and Other Iron ore Mining Coal Other 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join Green businesses gas metal services 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. ore Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 21 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Supporting the transition to a 2 degree economy To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here • The proportion of renewable energy Westpac Group electricity Westpac Group electricity financing in our total electricity generation generation – Aust. & NZ (%)1 generation exposure (%)1 portfolio has increased from 45% in 2011 to 2 1 66% in 2017 GRID Renewable energy • The emissions intensity of Westpac’s To show the grid, right click the slide and 14 Body – 12pt Arial Regular sentence case power generation portfolio as at 30 Gas select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular September 2017 was 0.36 tCO2e/MWh Black coal  Second Bullet – 12pt Arial Regular below the National Electricity Market 17 Heading – 14pt Times New Roman Bold (‘NEM’) for June 2017 of 0.86 tCO2e/MWh Brown coal Note – 10pt Arial Regular 66 Liquid fuel • Total attributable financing to electricity generation (Aust/NZ) of Westpac’s portfolio is $3.225bn Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left 0.80 EmissionsWestpac intensityelectricty generation (tCO portfolio-e/MWh) – Subheading in charts is 10pt bold Westpac electricity generation (Australia and New Zealand)1 2 Text in charts is 10pt AustraliaNational only Electricity Market (NEM) Benchmark TABLES Other renewables Hydro Brown Coal Westpac electricty generation portfolio SHAPES 0.91 0.90 Black Coal Gas Liquid fuel 0.87 0.86 Headings 12pt bold all CAPS National Electricity Market (NEM) Benchmark Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Total attributable financing ($bn) All other horizontal lines .75pt grey $3.3bn $3.2bn 0.91 $3.1bn $3.2bn $3.1bn 0.87 0.90 0.86 Total line same as heading All text 12pt where possible, reduced 1% 1% 1% 2% 1% where required to a minimum of 8pt 17% 24% 20% 21% 20% 0.41 14% 0.38 0.38 0.35 16% 16% 14% 16% 2% 0.41 5% 4% 3% 3% 0.38 0.38 0.36 29% CHART HEADINGS 31% 30% 31% 34% The heading box should sit 0.2cm indented from 37% Never skew the shape. Resize proportionally in order to keep the 24% 28% 30% 26% the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2014 2015 2016 2017 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. 2013 2014 2015 2016 2017 2014 2015 2016 2017 Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1 Exposures in WIB only. manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 22 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Well recognised performance and achievements To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain

layout will be placed here

GRID

To show the grid, right click the slide and Awarded Gold Class ranking Achieved a Prime status rating Recognised in the 2017 CDP Reconfirmed as a constituent of Achieved highest “Leading” rating for Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides”

in RobecoSAM’s 2017 and identified as a leading to achieve Leadership level the Ethibel Sustainability Index the tenth consecutive year for Financing Ratings Financing • Bullet – 12pt Arial Regular - Sustainability Yearbook performer of sustainability for our response to climate (ESI) Excellence Global, disclosure of sustainability risks in  Second Bullet – 12pt Arial Regular since 2014 change, announced in announced September 2017 2017 Extra October 2017 Heading – 14pt Times New Roman Bold Note – 10pt Arial Regular

Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left Number one bank globally in Included in the 2016 Member of the FTSE4Good Index, Member of the MSCI Global Member of the STOXX 0.80 Subheading in charts is 10pt bold 2017, for the 4th year in a row Global 100 Most Sustainable of which Westpac has been a ESG Leaders index 2016/2017 Global ESG Leaders and the 10th time since the index Corporations in the member for over 10 years, Indices for the fourth

Text in charts is 10pt Index Sustainability was established World, January 2016 announced in April 2017 consecutive year TABLES

CHART HEADINGS Ranked as the leading #1 Bank in Top 10 Australian Employer of Choice by The Number one bank globally in Named as Australia’s 2016 Australian bank in the Network on Disability’s Inaugural Workplace Gender Equality 2017, for the 4th year in a row Employer of the Year for LGBTI The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the Bloomberg Financial Services Access and Inclusion Index Agency for the 7th consecutive and the 10th time since the index Inclusion in the Australian the top and right side of the chart background box. angles of the curves on each side. RecognitionEquality Gender Equality Index year was established Workplace Equality Index Awards 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Westpac’s key international initiatives, commitments and Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 23 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. partnerships To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here

GRID

To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular UN Sustainable United Nations The Equator Principles UN Environment Program UN Principles for Heading – 14pt Times New Roman Bold Development Goals Global Compact Signatory (2002) Founding Adopter Finance Initiative Responsible Investment Note – 10pt Arial Regular CEO Statement of Global Compact Network Australia First Australian Bank (2003) Founding Member (1991) (2007) Commitment (2015) Founding Member

Text boxes have 0.0cm margin on all sides 0.40

Chart heading text boxes have 0.25cm margin on left (????) 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

SHAPES Headings 12pt bold all CAPS Green Bond Principles Banking Environment Initiative We Mean Global Investor Coalition Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey Soft Commodities Compact Business Coalition Statement on Climate Change Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt

CHART HEADINGS

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

BTFG Business Consumer New Zealand WIB R0 R139 R228 R175 R84 G175 G15 G26 G38 G49 B215 B9 B18 B22 B78 NOTE: NOTE: T All images are held in templated image placeholders.

They can be changed by simply selecting and deleting the image, then selecting a new one.

200 years proudly supporting Australia Note that you will have to “send to back” or “bring forward” imagery as necessary.

To move the image around in the placeholder, just select the image, right click and select CROP. Westpac Climate Bond

Select image and move as necessary.

There is a semi-transparent white shape that will need to always be placed on top of the very back image.

There are red placement lines at the top of this slide should you ever need to move and replace

Westpac Banking Corporation the wedge. ABN 33 007 457 141

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 25 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Westpac Climate Bond: a strong fit to our 2020 Action Plan To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

Why issue Climate Bonds? Climate Bond Framework in accordance with GBP and CBI GRID

• To provide financing for technologies and practices that To show the grid, right click the slide and Body – 12pt Arial Regular sentence case are consistent with the investment required to limit global Use of Proceeds Selection of Assets select ‘Grids and Guidelines’ > ‘Guides” warming to less than two degrees and address its • Bullet – 12pt Arial Regular impacts • The net proceeds will be used to fund Eligible Green • Meet Westpac’s Board-approved Risk Management Strategy  Second Bullet – 12pt Arial Regular Projects that meet the requirements of the Climate that covers sustainability and reputational risks • To support the development of the Australian and global Bond Initiative’s Climate Bonds Standard (V2.1) • Project selection to meet CBI taxonomy for certification Heading – 14pt Times New Roman Bold Climate Bond market and to seek investor diversity − Renewable Energy Projects • Review and approve in Climate Change Solutions Committee Note – 10pt Arial Regular − Low Carbon Building – Commercial

• Westpac issued its first Climate Bond in June 2016 − Transport – Rail • CBS are fully aligned with the Green Bond Principles • Westpac Climate Bonds give investors the opportunity to Text boxes have 0.0cm margin on all sides support environmental projects through a high-grade 0.40 fixed income investment Management of Proceeds Reporting Chart heading text boxes have 0.25cm margin on left

0.80 • Internal tracking of Climate Bond proceeds • Use of Proceeds Reporting Subheading in charts is 10pt bold • Climate Bond specific product code • Impact Reporting Text in charts is 10pt TABLES

SHAPES Headings 12pt bold all CAPS USE OF PROCEEDS LANGUAGE: Only bonds issued to fund projects and assets which qualify as “Eligible Projects & Physical Assets” under the terms of the Climate Bonds Standard can be certified as Climate Heading divider line 1.5pt red Bonds. “Eligible Projects & Physical Assets” are projects, physical assets or loans made to finance physical assets that satisfy the prescribed eligibility criteria for the purposes of the Climate Bonds Standard. “Eligible Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey Projects & Physical Assets” are subject to sector-specific technical criteria and must be regarded as contributing to the delivery of a low carbon economy within the terms of the Climate Bonds Standard. The Eligible Total line same as heading Projects & Physical Assets with which a Climate Bond is associated are referred to as the “Nominated Projects”. All text 12pt where possible, reduced

where required to a minimum of 8pt The Issuer expects to use the proceeds of the issuance of the Notes to finance or maintain the finance for one or more of its Nominated Projects. So long as the Notes are outstanding, the Issuer’s internal records will show, at any time, the net proceeds from the issuance of the Notes as allocated to the assets that fall within the Nominated Projects. During the term of the Notes, the Issuer will provide Holders with periodic reporting on the use of proceeds to finance Nominated Projects. CHART HEADINGS Details of the actual Nominated Projects with which the Notes may be associated at any given time may be subject to obligations of confidentiality that would preclude the Issuer disclosing those details to Holders. In addition, investors should note that the Issuer is not required to, and no assurance can be given that, the Issuer will, invest in any such project or that any investment in any such project will be retained for the term of The heading box should sit 0.2cm indented from the Notes. Investors should further note that the Issuer may at any time and from time to time change the composition of its investments financed by the Notes and such investments may not include any of the Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. projects or assets described above. 2 angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this 1 This target will be updated in the next update of this strategy to reflect changes in technology, policy, climate science and investment assumptions and as our approach evolves. area. Select from the pre-made options on ‘chart 2 Please see Term Sheet or Final Terms for full details title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 26 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Use of Proceeds To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

• The net proceeds will be used to fund Eligible Green Projects that meet the requirements of the GRID Climate Bond Initiative’s Climate Bonds Standard (V2.1) in all material respects, are fully aligned with To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” the Green Bond Principles • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular • Currently all assets are domiciled within Australia Heading – 14pt Times New Roman Bold • The Climate Bond Asset Pool currently supports Note – 10pt Arial Regular three categories of assets under the Climate Bonds Standard: Renewable Energy Solar and Wind: 1 SDG 7, SDG 13 Text boxes have 0.0cm margin on all sides 0.40 • Including systems and equipment that Chart heading text boxes have 0.25cm margin on left facilitate the use or production of energy 0.80 Subheading in charts is 10pt bold from renewable sources. Currently Text in charts is 10pt includes both Wind and Solar PV TABLES Low Carbon Buildings – Commercial: SHAPES 2 SDG 7, SDG 11, SDG 12 SDG 13 Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. • Buildings must be in the top 15% of their All other horizontal lines .75pt grey city in terms of emissions performance. Total line same as heading This “hurdle rate” in emissions terms All text 12pt where possible, reduced where required to a minimum of 8pt ratchets down to zero (carbon) in 2050

Transport – Rail: 3 SDG 7, SDG 9, SDG 11, SDG 13 CHART HEADINGS

• Currently includes Rail with green power The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the purchase arrangements the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: Source: Climate Bonds Taxonomy manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 27 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Selection of Assets To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

• Projects must first comply with Westpac Climate Change Solutions criteria and all lending and investment decisions must also include a Social and Environmental Assessment (SEA) that satisfies local social and environmental regulations and decisions must be taken in the broader context of Westpac’s compliance with the Equator GRID Principles 1 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case 1. Climate change solutions include , but are not limited to, Renewable Energy, Low Carbon Building Commercial, Low-emissions transport, energy efficient technologies select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular 2. Meet the requirements of the Climate Bond Initiative2  Second Bullet – 12pt Arial Regular 3. Must comply with the Equator Principles

Heading – 14pt Times New Roman Bold

Policy Policy framework, and exclusionlist and Note – 10pt Arial Regular • Sustainability Risk Management Framework Sustainability Risk Management sector guidelines Westpac Group Framework Policies and • Environmental, Social & Governance (ESG) Credit Risk Policy Frameworks • Reputation Risk Management Framework ESG Credit Risk Policy Text boxes have 0.0cm margin on all sides 0.40 Westpac’s Approach to Chart heading text boxes have 0.25cm margin on left Sustainable Finance 0.80

• Nuclear or fossil fuel Westpac Climate frameworkBond and Subheading in charts is 10pt bold energy operations Equator • Risk Appetite Text in charts is 10pt Exclusions • Controversial weapons Climate Change Principles Statement Solutions Lending TABLES • Coal mining eligiblesector criteria SHAPES • Tobacco Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Climate Bond All other horizontal lines .75pt grey Selection Total line same as heading Application of All text 12pt where possible, reduced Green Bond • Seek approval of where required to a minimum of 8pt

selected assets from Principles and Ineligible Assets Eligible Climate Bonds Climate Change Assets Solutions Committee Standard v2.1 CHART HEADINGS

The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1 Climate Change Solutions Lending refers to Westpac Institutional Bank Lending, manually paste a two line heading box over this area. Select from the pre-made options on ‘chart 2 Climate Bond Selection refers to the subset of CCSL represented by direct lending to CBS V2.1 eligible assets title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 28 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Selection of Assets – Climate Bond asset pool To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

Climate Bond Pool Aggregate Statistics by Sector Customer State Sector UN SDG GRID AUD 179m Oaklands Hill Wind Farm VIC Renewable Energy Projects 7, 13 Hallett 4 Wind Farm SA Renewable Energy Projects 7, 13 To show the grid, right click the slide and Body – 12pt Arial Regular sentence case Hallett 5 Wind Farm SA Renewable Energy Projects 7, 13 AUD 730m select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Gunning Wind Energy Developments Pty Ltd NSW Renewable Energy Projects 7, 13 12%  Second Bullet – 12pt Arial Regular Collgar Wind Farm WA Renewable Energy Projects 7, 13 Wind Farm 1 AUST Renewable Energy Projects 7, 13 33% Heading – 14pt Times New Roman Bold Pyrenees Wind Energy Developments Pty Ltd VIC Renewable Energy Projects 7, 13 Wind Farm 2 AUST Renewable Energy Projects 7, 13 AUD 1,142m Note – 10pt Arial Regular PARF Silverton Finco Pty Ltd NSW Renewable Energy Projects 7, 13 PARF Finco 1 Pty Ltd NSW Renewable Energy Projects 7, 13 56% Transmission Operations (Australia) 2 Pty Ltd VIC Renewable Energy Projects 7, 13 Transmission Operations (Australia) Pty Ltd VIC Renewable Energy Projects 7, 13 Rail Asset 1 NSW Transport - Rail 7,9,11,13 Text boxes have 0.0cm margin on all sides Renewable Energy Projects 0.40 ATO Adelaide – Charter Hall SA Low Carbon Buildings - Commercial 7,11,12,13 Horizon MP Management (70 Eagle Street) QLD Low Carbon Buildings - Commercial 7,11,12,13 Low Carbon Buildings - Commercial Chart heading text boxes have 0.25cm margin on left Green Building 1 AUST Low Carbon Buildings - Commercial 7,11,12,13 Transport - Rail 0.80 Green Building 2 AUST Low Carbon Buildings - Commercial 7,11,12,13 Subheading in charts is 10pt bold City West ACT ACT Low Carbon Buildings - Commercial 7,11,12,13 Text in charts is 10pt 40 Creek Street Brisbane QLD Low Carbon Buildings - Commercial 7,11,12,13 Bankwest Place Perth WA Low Carbon Buildings - Commercial 7,11,12,13 Aggregate Statistics by Country TABLES 55 Elizabeth Street Brisbane QLD Low Carbon Buildings - Commercial 7,11,12,13 Zenith Sub Trust, Chatswood SYD Low Carbon Buildings - Commercial 7,11,12,13 SHAPES Headings 12pt bold all CAPS Green Building 3 SYD Low Carbon Buildings - Commercial 7,11,12,13 Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Green Building 4 SYD Low Carbon Buildings - Commercial 7,11,12,13 All other horizontal lines .75pt grey Green Building 5 SYD Low Carbon Buildings - Commercial 7,11,12,13 Total line same as heading All text 12pt where possible, reduced Aggregate Statistics $m % where required to a minimum of 8pt Renewable Energy Projects AUD 730 36 100% Low Carbon Buildings - Commercial AUD 1,142 56 Transport – Rail AUD 179 9 Total AUD 2,051 100 CHART HEADINGS

Outstanding Issuance $m Public/Private The heading box should sit 0.2cm indented from AUD senior 5 year due 2021 AUD 500 Public Benchmark Never skew the shape. Resize proportionally in order to keep the Australia the top and right side of the chart background box. angles of the curves on each side. USD senior 10 year due 2027 USD 50 / AUD 66 Private Placement (FX 0.7629 as at 31/03/17) 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Remaining Pool Capacity AUD 1,485 Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

GRID White Rock Wind Farm Northern New South Wales, Australia To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular • White Rock Wind Farm is a green field renewable energy project currently being developed in the north of New South  Second Bullet – 12pt Arial Regular [Imagery to insert] Wales, approximately 20km west of the town of Glenn Innes • In June 2016, Westpac participated in the financing of the construction facility Heading – 14pt Times New Roman Bold • The Project was subject to Westpac’s Equator Principles assessment. Westpac applied the Equator Principles based on Note – 10pt Arial Regular due diligence material and concluded that the Project was a Category B Project, defined as having potential limited social or environmental impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures • The project is a joint venture between CECWPC (a company backed by China Energy Conservation and Environmental Text boxes have 0.0cm margin on all sides 0.40 Protection Group, a large scale group with expertise in clean energy and environment protection in China) and Goldwind Capital (the largest wind farm equipment manufacturer in China) Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt 1 AGL Partnership – Wind Farms and PV Solar Plants TABLES [Imagery to insert] Queensland / New South Wales, Australia SHAPES Headings 12pt bold all CAPS • For 170 years Westpac has been AGL’s primary banker supporting them in delivering innovative energy solutions Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey • The Powering Australian Renewables Fund, or PARF as it is known, is a landmark partnership between AGL, QIC and the Total line same as heading Future Fund All text 12pt where possible, reduced where required to a minimum of 8pt • Westpac is a key ﬁnancier on all the PARF deals, and is proving itself as the go to bank for ﬁnancing renewable energy projects • The Fund currently intends to develop, own and manage approximately 1,000 megawatts of large scale renewable energy infrastructure assets. In New South Wales, the Fund has solar plants already in operation at Nyngan and Broken Hill and CHART HEADINGS the Silverton Wind Farm is currently under construction. Its most recent addition is the 453 megawatts Coopers Gap Wind Farm development at Cooranga North in Queensland The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1 Image of Hallett Wind Farm courtesy of AGL Energy manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 30 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Management of proceeds To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

Management of Climate Bond proceeds Governance and oversight GRID

• Eligible assets will be identified for inclusion in an aggregated common pool of • Westpac has established an internal Climate Change Solutions Committee To show the grid, right click the slide and Climate Bond assets for all Westpac Climate Bonds Body – 12pt Arial Regular sentence case − A cross-divisional team of sustainability experts, senior directors and select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular • Proceeds raised under the bond will go into the Westpac general pool of funds, managers  Second Bullet – 12pt Arial Regular then tagged and allocated to investment in the Climate Bond Asset Pool − Responsible for driving progress on Westpac’s Climate Change Solutions Heading – 14pt Times New Roman Bold • Westpac expects to maintain Climate Bond Asset Pool in excess of the net lending objectives proceeds of issued Climate Bonds Note – 10pt Arial Regular − Responsible for monitoring / governing the Westpac Climate Bond framework − Any unallocated proceeds will be invested in cash and/or cash equivalent and/or other / selection of eligible assets liquid marketable instruments until suitable eligible assets can be identified − Internally monitor the progress, outcomes and impacts of the eligible assets • Westpac will use its best efforts to substitute any redeemed loans once an Text boxes have 0.0cm margin on all sides 0.40 appropriate substitution option will have been identified Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

SHAPES Westpac’s General Headings 12pt bold all CAPS Pool of Funds Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey Total line same as heading All text 12pt where possible, reduced Westpac Climate Bond Loans where required to a minimum of 8pt Climate Bond Proceeds Asset Pool

CHART HEADINGS

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 31 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Reporting – Certification and Assurance To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

Independent Third Party Certification Independent Third Party Assurance GRID

• Westpac’s Climate Bonds have been certified by the Climate Bonds • Compliance with Climate Bonds Standard has been independently verified To show the grid, right click the slide and Body – 12pt Arial Regular sentence case Initiative to comply with the Climate Bonds Standard by Ernst & Young select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular • Westpac intends to obtain Climate Bond Certification from the Climate • EY provided assurance that Westpac’s bond issuance process for Climate Second Bullet – 12pt Arial Regular  Bonds Initiative for each Climate Bond issued Bonds meets the project identification, project minimum criteria, Heading – 14pt Times New Roman Bold management of proceeds, and reporting requirements of the Climate Bonds • Westpac’s existing Climate Bonds are Climate Bond Certified Note – 10pt Arial Regular Standard, in all material respects

• In alignment with CBS (V2.1) Westpac has requested programmatic • In alignment with the broader Westpac Sustainability Group, auditing and certification to allow continued regular issuance assurance process will now be conducted by PWC Text boxes have 0.0cm margin on all sides • Each bond issuance will be individually certified 0.40 • Assurance will be provided semi-annually Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

Certification is available for assets and projects that meet the requirements of the Climate Bonds Standard. In order to Does EY provide for each bond, when – pre / post? receive the “Climate Bond Certified” stamp of approval, a prospective issuer of a Green or Climate Bond must appoint an approved 3rd party verifier, who will provide a verification statement that the bond meets the Climate Bonds CHART HEADINGS Standard. The Climate Bonds Standard allows Certification of a bond prior to its issuance, enabling the issuer to use Not available at westpac.com.au/sustainability the Climate Bond Certification Mark in marketing efforts and investor roadshows. The Climate Bonds Standards Board The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the (comprised of members representing $34 trillion of assets under management) confirms Climate Bond Certification the top and right side of the chart background box. angles of the curves on each side. once the bond has issued and the proceeds have been allocated to projects and assets. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 32 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Reporting – Impact Reporting To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain www.westpac.com.au/about-westpac/investor-centre/fixed-income-investors/ layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

Reporting GRID • Westpac will provide an annual use of proceeds and impact report on a single common pool of the Climate Bond assets for all Climate Bond To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular issuances  Second Bullet – 12pt Arial Regular • The report will detail allocation of proceeds, total amount outstanding of Heading – 14pt Times New Roman Bold Climate Bonds, total amount unused proceeds and environmental impact of Note – 10pt Arial Regular the financed portfolio

• The report will be available each May on Westpac’s website: https://www.westpac.com.au/about-westpac/investor-centre/fixed-income- Text boxes have 0.0cm margin on all sides investors/Climate-Bonds/ 0.40 Chart heading text boxes have 0.25cm margin on left • Reporting in line with the guidelines of the Green Bond Principles and 0.80 “Working Towards a Harmonized Framework for Green Bond Impact Subheading in charts is 10pt bold Reporting” paper dated November 20151 Text in charts is 10pt TABLES • Assurance will be provided by the external auditor of the report SHAPES Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. • Will be reviewed and approved by the Climate Change Solutions Committee All other horizontal lines .75pt grey Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt

CHART HEADINGS

The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1. www.ifc.org November 2015. manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 33 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. Reporting – Impact Report To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here Use of proceeds Selection of assets Management of Proceeds Reporting

• Renewable energy projects financed in part by Westpac Climate Bonds have, to date:  Generated 2.6 million megawatt hours (MWh) of clean energy (a megawatt hour is equivalent to the GRID amount of electricity used by about 330 homes during one hour) Environmental To show the grid, right click the slide and Body – 12pt Arial Regular sentence case  Reduced annual greenhouse gas emissions (GHG) by 2.3 million tCO2e (tonne of carbon dioxide select ‘Grids and Guidelines’ > ‘Guides” • Bullet – 12pt Arial Regular Impacts equivalents)  Second Bullet – 12pt Arial Regular • Green buildings financed in part by Westpac Climate Bonds have, on average, performed 8% better Heading – 14pt Times New Roman Bold than the state benchmark for energy efficiency using a ten year period Note – 10pt Arial Regular 1 As at 31 March 2017 Share of Average Climate Signed Portfolio Eligibility for Net Lettable Bond Asset Annual Energy Annual GHG Better than Amount Financing Green Bonds Area MW Capacity Pool Lifetime Generation emissions reduced/ Benchmark Text boxes have 0.0cm margin on all sides 0.40 Energy Efficiency (TCE, A$m) (%) (%) (sqm) (MW) (Months) (MWh) avoided (tCO2e) Index Chart heading text boxes have 0.25cm margin on left Renewable 0.80 566.56 46 100 810.08 34 2,643,264.10 2,347,218.52 - Subheading in charts is 10pt bold Energy Projects Text in charts is 10pt TABLES Green Buildings 606.77 49 100 224,054 0 21 - - 8% SHAPES Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. Other All other horizontal lines .75pt grey 61.49 5 100 0 34 - - - (RE Infrastructure) Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt 1,234.82 100 100 810.08 28 2,643,264.10 2,347,218.52 8%

CHART HEADINGS Notes 1. Emission reductions (TC02e/MWH) is GHG intensity (National Energy Market GHG Cal 2016 of 0.888) * MWh Generated (annual). Intensity is sum of daily total emissions/energy. The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the 2. Assumption for RE assets based on Cal 2016 Generation from either asset operating reports or AEMO dispatch data the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height 3. Renewable energy financing is generally syndicated across several banks and Westpac’s share has been estimated at 25-30% in the numbers above To create a longer wave shape, resize proportionally and join 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. 4. Green Building financing varies across assets and Westpac’s share has been estimated at 25-50% in the numbers above Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 E.g. these: 1. EY Audit. www.westpac.com.au/about-westpac/investor-centre/fixed-income-investors/Climate-Bonds/ manually paste a two line heading box over this area. Select from the pre-made options on ‘chart title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

All text is black. No grey text Lines are solid black or red, 1.5pt Arrows are block style to fit text inside, see 8.40 34 ‘pullout boxes and arrows’ elements slide These are your 5 levels of styles. More information | www.westpac.com.au/investorcentre To move through the different styles, select the text and press TAB. To return to the previous style, press SHIFT + TAB. Text inside If you are on a blank line, use the Increase or Decrease Indent 7.00 buttons on the Home tab Notes that are specific to a certain layout will be placed here + - X

GRID

Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

SHAPES Headings 12pt bold all CAPS Heading divider line 1.5pt red Use the shapes supplied in the ‘Editable Elements’ section. All other horizontal lines .75pt grey Contact our Global Funding team Total line same as heading All text 12pt where possible, reduced where required to a minimum of 8pt Joanne Dawson Richard Salmon Jacqueline Boddy

Deputy Treasurer, Westpac Banking Corporation Director, Global Funding Director, Debt Investor Relations CHART HEADINGS +61 2 8204 2777 +61 2 8253 4314 +61 2 8253 3133 [email protected] [email protected] [email protected] The heading box should sit 0.2cm indented from Never skew the shape. Resize proportionally in order to keep the the top and right side of the chart background box. angles of the curves on each side. 1 line heading box = 0.8cm height To create a longer wave shape, resize proportionally and join Alexander Bischoff Nick Cooper Michael Chen (Sustainability) 2 line heading box = 1.2cm height multiple shapes together with aligning and grouping. Height must remain consistent, width will vary. Most layouts use a one line heading box, you can 8.20 Executive Director, Global Funding Associate, Global Funding Head of Sustainability, Institutional E.g. these: +61 2 8253 4314 +61 2 8253 4314 +61 437 496 077 manually paste a two line heading box over this area. Select from the pre-made options on ‘chart [email protected] [email protected] [email protected] title text boxes’ slide in the ‘Editable Elements’ Become: Westpac Group Fixed Income Presentation I November 2017 I Euro Climate Bond Roadshow section.

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

BTFG Business Consumer New Zealand WIB R0 R139 R228 R175 R84 G175 G15 G26 G38 G49 B215 B9 B18 B22 B78 NOTE: NOTE: T All images are held in templated image placeholders.

They can be changed by simply selecting and deleting the image, then selecting a new one.

200 years proudly supporting Australia Note that you will have to “send to back” or “bring forward” imagery as necessary.

To move the image around in the placeholder, just select the image, right click and select CROP. Appendix

Select image and move as necessary.

There is a semi-transparent white shape that will need to always be placed on top of the very back image.

There are red placement lines at the top of this slide should you ever need to move and replace

Westpac Banking Corporation the wedge. ABN 33 007 457 141

Guides 13.80 4.80 4.40 0.20 0.20 4.40 4.80 13.80

TEXT LINES AND ARROWS

www.westpac.com.au/about-westpac/sustainability/ GRID

To show the grid, right click the slide and Body – 12pt Arial Regular sentence case select ‘Grids and Guidelines’ > ‘Guides” www.westpac.com.au/about-westpac/sustainability/our-positions-and-perspectives/ • Bullet – 12pt Arial Regular  Second Bullet – 12pt Arial Regular Heading – 14pt Times New Roman Bold www.westpac.com.au/about-westpac/sustainability/performance-reports/ Note – 10pt Arial Regular

www.nabers.gov.au/public/webpages/home.aspx

Text boxes have 0.0cm margin on all sides 0.40 Chart heading text boxes have 0.25cm margin on left 0.80 Subheading in charts is 10pt bold Text in charts is 10pt TABLES

CHART HEADINGS

10.00 Below is the chart colour sequence. If your chart has more than 12 series‘ you will need to manually colour the additional series.

Westpac primary colours

R228 R73 R84 R147 R175 R73 R139 R59 R42 R120 R104 R44 R77 G26 G87 G49 G147 G38 G19 G15 G12 G52 G120 G9 G9 G77 B18 B97 B78 B147 B22 B56 B9 B44 B58 B120 B6 B33 B79

Westpac Red, Westpac Grey, used as the HIGHLIGHT colour not used in charts

60% tint colours

R247 R177 R199 R212 R251 R233 G161 G189 G160 G212 G154 G172 B157 B197 B193 B212 B144 B214

Divisional colours

BTFG Business Consumer New Zealand WIB R0 R139 R228 R175 R84 G175 G15 G26 G38 G49 B215 B9 B18 B22 B78