Wesfarmers : Dividend Investment Plan Allocation Price 88 KB

23 September 2020

The Manager

Market Announcements Office

Australian Securities Exchange

Dear Manager,

DIVIDEND INVESTMENT PLAN ALLOCATION PRICE FOR 2020 FINAL DIVIDEND AND SPECIAL DIVIDEND

Wesfarmers Limited today announced that the allocation price for shares to be issued through the Dividend Investment Plan for the final dividend and special dividend to be paid in respect of the period ended

30 June 2020 is $45.9840.

The allocation price for shares to be issued has been determined in accordance with the rules of the Dividend Investment Plan. For the 2020 final dividend and special dividend, the allocation price was calculated as the average of the daily volume weighted average price of Wesfarmers Limited shares, excluding trades which are not considered to reflect normal supply and demand, on each of the

15 consecutive trading days during the period from 31 August 2020 to 18 September 2020 inclusive.

Based on audited data, shareholders representing 11.43 per cent of Wesfarmers Limited shares on issue had a valid election to participate in the Dividend Investment Plan for the period.

Shares are expected to be issued to participants in the Dividend Investment Plan on 1 October 2020.

Further details regarding the Dividend Investment Plan can be found in the Update - Dividend/Distribution announcement, also released today to the Australian Securities Exchange.

Yours faithfully,

Vicki Robinson

Executive General Manager

Company Secretariat

This announcement was authorised to be given to the ASX by the Wesfarmers Limited Chief Financial Officer.