20 April 2021

The Manager

Market Announcements Office

Australian Securities Exchange

Dear Manager,

KMART BRIEFING PRESENTATION AND STORE TOUR

Following is a presentation that will be given at a Kmart briefing and store tour on Tuesday 20 April 2021 at 8.30am AWST / 10.30am AEST.

This briefing will be webcast and is accessible via our website at www.wesfarmers.com.au.

The three videos included as part of the briefing and a virtual walk through of the Southland store are available at https://www.wesfarmers.com.au/kmart-briefing-APR21.

Yours faithfully,

Vicki Robinson

Executive General Manager

Company Secretariat

This announcement was authorised to be given to the ASX by the Wesfarmers Disclosure Committee.

Kmart briefing and store tour

20 April 2021

Overview of Kmart Group

Three iconic Australian retail brands with differentiated customer propositions

Focus of this presentation

Leading product development company and

Offers high-quality and stylish

Online marketplace offering branded

trusted brand offering everyday products at

products at affordable prices across

products on both a first-party and

lowest prices

apparel and general merchandise

third-party basis

Supported by alignment and common focus areas across Kmart Group functions

Corporate Affairs

Commercial,

Joint Sourcing

Property and

Technology and

People and

and Sustainability

Strategy and Risk

and Procurement

Network Planning

Data

Capability

2

Kmart Leadership Team

Ian Bailey

Aleksandra Spaseska

John Gualtieri

Arjun Puri

Managing Director

Chief Financial Officer

Retail Director

Director

Kmart Group

Kmart Group

Kmart Australia and New Zealand

KAS Group Asia

Tristram Gray

Brad Blyth

Tracie Walker

Chief People and Capability Officer

Chief Information Officer

GM - Corporate Affairs and Sustainability

3

Kmart Group

Kmart Group

Kmart Group

Key highlights

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2

3

4

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Competitive advantages underpinned by market-leading scale

A large and growing addressable market

A valuable

store network at the centre of the business

Technology-enabled growth

  1. sustainable development leader in Australian retail

A strong brand with a sustainable lowest-price position, underpinned by a lowest-cost operating model, market-leading scale and unique product development capabilities

Number 1 or number 2 market position in every major category, with a highly-fragmented and substantial addressable market

Consistent fleet of standardised, high sales density stores with flexible layouts designed to evolve in line with category changes

Technology and data will deliver further improvements in customer experiences and strengthen Kmart's lowest-cost position

Leveraging scale and global expertise to create meaningful and industry-leading impacts across the planet and people that Kmart touches

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Disclaimer

Wesfarmers Ltd. published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2021 23:53:05 UTC.