Woodside Petroleum : Appendix 3G – (Notification of Conversion of Equity Securities)

Announcement Summary

Entity name

WOODSIDE PETROLEUM LTD

Date of this announcement Wednesday April 13, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security	+securities to be
code	Security description	issued/transferred	Issue date
WPLAB	PERFORMANCE RIGHTS	335,846	23/02/2022

Refer to next page for full details of the announcementPart 1 - Entity and announcement details

1.1 Name of entity WOODSIDE PETROLEUM LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ABN

1.3 ASX issuer code WPL

1.4 The announcement isNew announcement

1.5 Date of this announcement 13/4/2022

Registration number 55004898962

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description WPLAB : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued 23/2/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Performance Rights, each being an entitlement to receive one fully paid ordinary share in Woodside (ASX: WPL) at the end of a vesting period, subject to meeting vesting conditions. No amount is payable on vesting of the rights.

Further information regarding the terms of the Performance Rights can be found in Woodside's most recent Annual Report, which is available at the following link:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02487794-6A1077549?access_token=83ff96335c2d45a094df02a206a39ff4. See in particular the remuneration report on pages 69 to 93 and Note E.2 Employee Benefits in the notes to financial statements.

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

335,846

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

Total number ofASX +security code and description

+securities on issue

WPL : ORDINARY FULLY PAID

983,980,823

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Total number of

ASX +security code and description	+securities on issue
WPLAE : WEP EQUITY RIGHTS	5,649,783
WPLAB : PERFORMANCE RIGHTS	1,485,731
WPLAC : VARIABLE PAY RIGHTS	638,846
WPLAF : SWEP EQUITY RIGHTS	124,381
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities