Westpac Banking : Update - Dividend/Distribution - WBC

Notification of dividend / distribution

Update Summary

For personal use only

Entity name

WESTPAC BANKING CORPORATION

Security on which the Distribution will be paid

WBC - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

8/6/2022

Reason for the Update

Provide details of DRP price, DRP participation rate and foreign currency payment details.

Refer to below for full details of the announcement

Notification of dividend / distribution

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Notification of dividend / distribution

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		WESTPAC BANKING CORPORATION
		1.2 Registered Number Type	Registration Number
use	ABN
33007457141
1.3 ASX issuer code
		WBC
		1.4 The announcement is
		Update/amendment to previous announcement
personal	1.4a Reason for update to a previous announcement
Provide details of DRP price, DRP participation rate and foreign currency payment details.
		1.4b Date of previous announcement(s) to this update
		9/5/2022
		1.5 Date of this announcement
		8/6/2022
		1.6 ASX +Security Code
		WBC
		ASX +Security Description
For	ORDINARY FULLY PAID
	Pa t 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution: relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

31/3/2022

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Notification of dividend / distribution

2A.4	+Record Date
20/5/2022
2A.5	Ex Date
19/5/2022

only	2A.6 Payment Date
24/6/2022
	2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
	Security holder approval
	Court approval
	Lodgement of court order with +ASIC
	ACCC approval
	FIRB approval
use	Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
No
	2A.8 Currency in which the dividend/distribution is made ("primary currency")
	AUD - Australian Dollar
personal	2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
	AUD 0.61000000
	2A.10 Does the entity have arrangements relating to the
	currency in which the dividend/distribution is paid to
	securityholders that it wishes to disclose to the market?
	Yes
	2A.11 Does the entity have a securities plan for
	dividends/distributions on this +security?
	We have a Dividend/Distribution Reinvestment Plan (DRP)
	2A.11a If the +entity has a DRP, is the DRP applicable to	2A.11a(i) DRP Status in respect of this
	this dividend/distribution?	dividend/distribution
	Yes	Full DRP
For	2A.12 Does the +entity have tax component information
apart from franking?
Yes

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

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Notification of dividend / distribution

2B.2 Please provide a description of your currency arrangements

Details of dividend payment options for Westpac Ordinary Fully Paid Shares are available in Westpac's Investor Centre at https://www.westpac.com.au/about-westpac/investor-centre/dividend-information/dividend-payment/.

	2B.2a Other currency/currencies in which the dividend/distribution will be paid:
only	Currency	Payment currency equivalent amount per security
GBP - Pound Sterling	GBP 0.34663250
	NZD - New Zealand Dollar	NZD 0.66941400

2B.2b Please provide the exchange rates used for non-primary currency payments

GBP - Pound Sterling 0.56825

NZD - New Zealand Dollar 1.0974

use	2B.2c If payment currency equivalent and exchange	Estimated or Actual?
rates not known, date for information to be released	Actual
8/6/2022
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
default arrangements?
No
	Part 3A - Ordinary dividend/distribution
personal	3A.1 Is the ordinary dividend/distribution estimated at	3A.1a Ordinary dividend/distribution estimated amount
this time?	per +security
No	AUD
3A.1b Ordinary Dividend/distribution amount per
security
AUD 0.61000000
3A.2 Is the ordinary dividend/distribution franked?	3A.2a Is the ordinary dividend/distribution fully franked?
Yes	Yes
For
3A.3 Percentage of ordinary dividend/distribution that is	3A.3a Applicable corporate tax rate for franking credit
franked	(%)
100.0000 %		30.0000 %
3A.4 Ordinary dividend/distribution franked amount per	3A.5 Percentage amount of dividend which is unfranked
+security	0.0000 %
AUD 0.61000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

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Notification of dividend / distribution

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

	Part 3E - Other - distribution components / tax
only	3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).
		A New Zealand imputation credit of NZD 0.08 per Westpac Ordinary Fully Paid Share will attach to the dividend.
		3E.2 Please indicate the following information if applicable. (Refer Annual Investment Income Report specification for
		further information)
use	Field Name	AIIR Specification Reference Value	Estimated/Actual
Interest	9.79
		Unfranked dividends not
		declared to be conduit foreign	9.80
		income
personal	Unfranked dividends declared	9.81
to be conduit foreign income
Assessable foreign source	9.91
		income
		Tax-free amounts	9.96
		Tax-deferred amounts	9.97
		Managed investment trust	9.105
		fund payments
		Franked distributions from	9.120
		trusts
		Gross cash distribution	9.121
		Interest exempt from	9.122
		withholding
For	Capital Gains discount	9.124
method Non-Taxable
		Australian property
		Capital gains other	9.126
		Non-Taxable Australian
		property
		Other income	9.130
		Royalties	9.135
		NCMI
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