Wesfarmers : 2020 Notice of Annual General Meeting 1691 KB

23 September 2020

The Manager

Market Announcements Office

Australian Securities Exchange

Dear Manager,

2020 NOTICE OF ANNUAL GENERAL MEETING

The following documents will be distributed to shareholders on or before Wednesday 7 October 2020 in relation to the 2020 Annual General Meeting of Wesfarmers Limited to be held virtually on Thursday

12 November 2020 at 1:00pm (Perth time):

• Notice of Meeting (including the Explanatory Notes);
• Notice and Access letter; and
• 2020 Annual Report (if requested).

Each of these documents will be available on the company's website at www.wesfarmers.com.au.

Shareholders will be able to submit their direct vote or proxy vote instructions from Wednesday

7 October 2020 in accordance with the instructions in the Important Information section of the Notice of Meeting.

Yours faithfully,

Vicki Robinson

Executive General Manager

Company Secretariat

This announcement was authorised to be given to the ASX by the Wesfarmers Limited Board.

2020AnnualNoticeReportof Meeting

WESFARMERS LIMITED ABN 28 008 984 049

2020 Notice of Meeting

Notice is given that the 39th Annual General Meeting of Wesfarmers Limited (AGM) is due to be held on Thursday 12 November 2020 commencing at 1:00pm (Perth time).

Due to the continuing developments in relation to the COVID-19 situation and public health concerns, this year the AGM will be held as a virtual meeting. Shareholders and proxyholders are advised that attendance in person at the AGM is not possible as there will not be a physical meeting.

Shareholders and proxyholders will have a number of options available to them to participate in the AGM, including the ability to ask questions online or by telephone in the lead up to the meeting. Please refer to the Important Information section of this Notice of Meeting for further details.

Shareholders and proxyholders can register for the AGM online from 12:00pm (Perth time) on Thursday 12 November 2020. Wesfarmers recommends that participants register at least 15 minutes before the AGM is scheduled to commence.

Contents

1. Chairman's letter to Shareholders
2. Business of the AGM

1. Meeting Information
2. Important Information

10 Explanatory Notes

10 Item 1 - Financial Statements and Reports

10 Item 2 - Election of Director

12 Item 3 - Adoption of the Remuneration Report

12 Item 4 - Grant of KEEPP Deferred Shares and KEEPP Performance Shares to the Group Managing Director

17 Item 5 - Grant of additional Performance-tested Shares to the Group Managing Director

Wesfarmers 2020 Notice of Meeting

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Chairman's letter to Shareholders

23 September 2020

Dear Shareholder,

Wesfarmers has always considered its annual general meeting to be one of the most important dates in the corporate calendar. It is, of course, a legal requirement to hold an annual general meeting, but our approach has been to make it more than that. We have encouraged shareholders to come along to our annual general meeting each year to interact directly with the Board, the Leadership Team and to see a showcase of our businesses, and our annual general meeting has become the highest attended in Australia.

2020 has been a very challenging year for everyone. COVID-19 has changed our lives profoundly, requiring us to adapt to new ways of doing things to keep ourselves safe. Since the start of the pandemic,

our priority across the Wesfarmers Group has been the safety and wellbeing of our team members and customers, so that we remain a trusted place to work, shop and do business. We now extend that same approach to our shareholders.

Accordingly, like most companies have had to do this year, our 2020 AGM will be held online, or 'virtually', rather than at a physical venue at our home base in Perth, Western Australia. We are determined to ensure that our online AGM will provide you with the same opportunity to participate as if you attended in person.

How will the virtual 2020 AGM work?

Wesfarmers has more than 487,000 shareholders, mostly in Australia but also overseas. The technology we are using will enable you to participate regardless of location, provided you have internet access or access to a telephone.

The AGM will be held on Thursday 12 November 2020 at 1:00pm (Perth time). As usual, it will provide you with the opportunity to view and hear presentations from me and our Managing Director, Rob Scott, as well as vote and ask questions during the AGM.

If it becomes necessary or appropriate to make alternative arrangements for holding the AGM, we will ensure that shareholders are given as much notice as possible. Further information will be provided on our

website www.wesfarmers.com.au

What do you need to do?

To participate in the AGM please follow the directions in the Important Information section of this Notice of Meeting.

If you do not want to directly participate in the AGM - for example, if you have already lodged a direct vote or appointed a proxy online, and you do not want

to ask questions during the meeting - then you can watch the AGM via a broadcast accessible from the

website https://web.lumiagm.com or call our share registry, Computershare Investor Services Pty Limited (Computershare), on 1300 558 062 (within Australia) or ([phone] (outside Australia) to obtain the teleconference number to listen to the proceedings via telephone.

Wesfarmers website

There will be a page on our website dedicated to providing information about the 2020 AGM and how to attend. You will be able to find this from our home page www.wesfarmers.com.au. It will include:

• a guide on to how to use the Lumi AGM online platform;
• helpful answers to frequently asked questions;
• access to the Notice of Meeting and 2020 Annual Report; and
• instructions on how to vote online and submit questions, which you will be able to do via www.investorvote.com.au from Wednesday 7 October 2020.

If it becomes necessary to give further updates about the AGM, information will be lodged with the ASX and

made available at www.wesfarmers.com.au

Shareholder emails and electronic communications

If you haven't already, I encourage you to make the switch now to paperless communications. It enables us to provide you with information more quickly, at lower cost and with less use of finite resources.

To make the switch contact Computershare on

1300 558 062 (within Australia) or ([phone] (outside Australia).

On behalf of the Board, thank you for your continued support as a shareholder. We look forward to welcoming you to our first virtual AGM on Thursday 12 November 2020.

Yours sincerely,

Michael Chaney AO

Chairman

Wesfarmers Limited

Wesfarmers 2020 Notice of Meeting

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