Wesfarmers Limited · ASX:WES
Wesfarmers — Investor Day (June 2026)
94 slides from Wesfarmers's investor day presentation, Jun 10, 2026
Slide 1: 2026 Strategy Briefing Day Presentation
10 June 2026 The Manager Market Announcements Office Australian Securities Exchange Dear Manager 2026 STRATEGY BRIEFING DAY PRESENTATION Following is a presentation that will be given today, Wednesday 10 June 2026, at a Strategy Briefing Day in Sydney which is scheduled to commence at 6:30am AWST /
Slide 2: 2026 Strategy Briefing Day Presentation
2026 STRATEGY BRIEFING DAY PRESENTATION To be held on 10 June 2026
Slide 3: Agenda
Agenda Time (AEST) Topic Presenter Slide 8:00am – 8:30am Registration 8:30am – 8:55am Group performance overview Rob Scott 3 8:55am – 9:25am Panel Q&A – Wesfarmers Rob Scott, Anthony Gianotti, Naomi Flutter and Leah Balter 20 9:25am – 9:45am Break 1 9:45am – 10:05am Bunnings Group Michael Schneider
Slide 4: Group performance overview
GROUP PERFORMANCE OVERVIEW Rob Scott Managing Director Wesfarmers Limited
Slide 5: Wesfarmers Way
Wesfarmers Way Wesfarmers’ primary objective Anticipating the needs of our Looking after our team is to deliver a satisfactory customers and delivering members and providing a safe, return to shareholders. We competitive goods and services fulfilling work environment believe it is only possible to a
Slide 6: Consistent focus on shareholder returns over time
Consistent focus on shareholder returns over time Wesfarmers’ long-term TSR Index1 – November 1984 to May 2026 total shareholder returns Wesfarmers and All Ordinaries Accumulation Index outperforms the broader market SINCE LISTING WES +19.0% pa Index +10.4% pa LAST 10 YEARS WES +15.8% pa Index +9.2%
Slide 7: Focus on long-term value, consistent with our objective
Focus on long-term value, consistent with our objective CLIMATE AND PEOPLE COMMUNITIES ENVIRONMENT 1H26 1H26 1H26 27.8% 9.6 $59.1m reduction in Scope 1 and Scope 2 total recordable injury frequency rate (TRIFR) direct and indirect community contributions (market-based) emissions compared to 9.9 in 1
Slide 8: Wesfarmers Way focuses on delivery of the Group's objective
Wesfarmers Way focuses on delivery of the Group’s objective Our primary objective To deliver a satisfactory return to shareholders Value-creating strategies Strengthen existing businesses Secure growth opportunities Renew the portfolio Ensure sustainability through operating excellence and through e
Slide 9: Key messages for today
Key messages for today Accelerating the execution Portfolio of high-quality Strong balance sheet and of our growth and productivity businesses, with a unique mix of financial discipline, with flexibility agenda growth and resilience to deploy and reallocate capital Wesfarmers 2026 Strategy Briefing
Slide 10: Advancing key growth projects
Advancing key growth projects Expanding addressable Leveraging omnichannel WesCEF expansion Store network growth markets capabilities projects and development Wesfarmers 2026 Strategy Briefing Day | 9
Slide 11: Digitising our businesses
Digitising our businesses Expanding the use of RFID1 at Kmart ESL2 in Bunnings in select categories to and deploying in Target support lowest prices and productivity Demand planning systems in Bunnings, Data and robotics in WesCEF to optimise Kmart Group and Officeworks safe and reliable plant perfo
Slide 12: Accelerating our growth and productivity agenda
Accelerating our growth and productivity agenda ‘People-first, Digitally-enabled’ approach People-first Digitally-enabled Support development of our team Leveraging investments in new technologies Demonstrate benefit for customers Harness the power and insight of data Divisions responsible for imple
Slide 13: Focused on outcomes, aligned with strategies
Focused on outcomes, aligned with strategies Enhancing customer experience Supporting team members Improving efficiency Enhancing our competitive advantage and supporting long-term returns to shareholders Wesfarmers 2026 Strategy Briefing Day | 12
Slide 14: Using AI to accelerate key strategies
Using AI to accelerate key strategies Advancing the responsible use of AI to drive long-term sales and earnings growth Agentic and AI assistants for Merchandising Marketing Supply chain Contact centre conversational commerce team members efficiency effectiveness optimisation efficiency Increase traf
Slide 15: Our leading omnichannel assets and capabilities
Our leading omnichannel assets and capabilities Large scale, trusted retail and health brands with extensive physical and digital reach $35b+ #1 and #3 1,900+ $3.3b+ Group retail sales1 most trusted brands in Australia2 stores across Australia and NZ Group online retail sales1 Leading fulfilment ass
Slide 16: Omnichannel strategy is creating incremental value
Omnichannel strategy is creating incremental value Loyalty Marketplace Retail media Express delivery Agentic commerce OnePass members ~1 in 4 Bunnings and 1,500+ instore screens Uber Eats partnership Bunnings’ Buddy driving spend and shop ~1 in 6 Kmart Group across Bunnings, with Bunnings, higher ba
Slide 17: Track record of evolving and strengthening the portfolio
Track record of evolving and strengthening the portfolio Over the last 10 years, our portfolio of businesses has become simpler, stronger and better positioned for growth ROE 10-year TSR 32.7% 15.8% (vs 9.6% in 2016)1 (vs 7.4% in 2016)1 Growth platforms and Demergers and divestments Divisional value
Slide 18: Portfolio is well-positioned to deliver returns through the cycle
Portfolio is well-positioned to deliver returns through the cycle Exposure to growing demand Retailers providing customers with Strategic industrial capabilities through new businesses and everyday products at low prices supporting critical industries earnings streams Built Living joint venture Supp
Slide 19: Strong balance sheet supports investment and shareholder returns
Strong balance sheet supports investment and shareholder returns Strong and flexible balance sheet Significant headroom to key credit metrics Optimised funding costs 1.9x 3.56% Debt / EBITDA1 Weighted average cost of debt Supports Investment to accelerate strategies and drive growth Delivering retur
Slide 20: Key messages for today
Key messages for today Accelerating the execution Portfolio of high-quality Strong balance sheet and of our growth and productivity businesses, with a unique financial discipline, with flexibility agenda mix of growth and resilience to deploy and reallocate capital Wesfarmers 2026 Strategy Briefing
Slide 21: Panel Q&A
PANEL Q&A Wesfarmers Rob Scott Anthony Gianotti Managing Director, Chief Financial Officer, Wesfarmers Limited Wesfarmers Limited Naomi Flutter Leah Balter Executive General Manager, Executive General Manager, Corporate Affairs, OneDigital, Wesfarmers Limited Wesfarmers Limited
Slide 22: Bunnings Group
BUNNINGS GROUP Michael Schneider Managing Director Bunnings Group
Slide 23: Focused on growth, underpinned by culture
Focused on growth, underpinned by culture Key elements of our model remain …while we continue to be bold in our ambition to grow and evolve fundamental… • Team, customer and community at our core • Deepening supplier partnerships and • Expanding addressable market and offer capabilities to grow the
Slide 24: The Bunnings model delivers value
The Bunnings model delivers value… Customers Team members Suppliers Community Shareholders >60 c.55,000 +2,000 $67.8m 70.8% NPS Team members Suppliers in community support Return on capital in in FY25 1H26 (R12)1 Price, range, Focused on providing a safe, Long-term Local, meaningful, Long-term retur
Slide 25: Delivers growth through all phases of the economic cycle
…and delivers growth through all phases of the economic cycle Bunnings’ business model and diverse customer proposition remains resilient to changes in economic, geopolitical and financial market conditions Geopolitical conflicts 2022+ 20.0 2,500.0 COVID-19 pandemic 18.0 2020–2021 16.0 2,000.0 14.0
Slide 26: A track record of expanding our addressable market
A track record of expanding our addressable market Home, Living 2026 & Commercial ~$113.5 billion Interconnected Home, Lifestyle & Business ~$100 billion Home Improvement & Outdoor Living Home Improvement 1994 Traditional Hardware Wesfarmers 2026 Strategy Briefing Day | 25
Slide 27: Our market is fragmented, competitive and evolving rapidly
Our market is fragmented, competitive and evolving rapidly DÉCOR & HOME FURNISHINGS HARDWARE & FIXINGS PLUMBING & BATHROOM GARDENING BUILDERS & TIMBER OUTDOOR LIVING PETS 2026+ Agentic commerce AI-led channels Early 2020s Social commerce B2B Digital 2010s Consumer marketplaces B2B digital enablement
Slide 28: Attractive fundamentals supporting long-term growth
Attractive fundamentals supporting long-term growth Housing availability, Housing alterations, Population Lifestyle and Innovation, churn and additions, repairs and growth demographic trends technology and AI commencements maintenance Sustained population Structural housing Resilient and growing Age
Slide 29: Our strategic pillars – an enduring source of competitive advantage
Our strategic pillars – an enduring source of competitive advantage Lowest Prices Widest Range Best Experience • Relentless focus on everyday • Expansive range for consumers and • Connected and personalised lowest prices commercial customers customer experience • Enabled by warehouse format, cost •
Slide 30: Enabled by deep commitment to team and community
Enabled by deep commitment to team and community Unique, empowered and Local, meaningful high-performance culture and sustainable • Safer, diverse and inclusive work environment • Helped raise more than $67.8m for community groups in FY25 • Industry-leading benefits, flexibility and development • Ma
Slide 31: Our strategic growth plan
Our strategic growth plan Bunnings has a significant opportunity to continue driving sustainable sales and earnings growth Expand and Grow and optimise Drive Develop growth Accelerate digital, Leverage technology innovate our offer our retail space commercial growth opportunities in data and retail
Slide 32: Growing from the core – offer renewal and innovation
Growing from the core – offer renewal and innovation + + Driving more from Expanding on recent Extending into logical core categories new ranges adjacencies Enabled by embedded space planning capabilities Wesfarmers 2026 Strategy Briefing Day | 31
Slide 33: Growing and optimising our retail space
Growing and optimising our retail space Growing our network… …while improving return on space • 353 stores1 across Australia and New Zealand • Incremental sales through space optimisation and localised ranging • Recent warehouse openings: Frenchs Forest (NSW), Mirrabooka • More space for new and exp
Slide 34: Accelerating our commercial growth trajectory
Accelerating our commercial growth trajectory Re-launching our commercial …and improving our …unlocks deeper share of wallet across loyalty platform... commercial offer… all commercial segments Builders Trades • ‘Spend more, get more’ rewards • Faster, more reliable commercial delivery • Access to e
Slide 35: Transition of Blackwoods and Workwear Group
Transition of Blackwoods and Workwear Group Accelerate growth with Strengthen customer offer and Unlock cost efficiencies commercial customers fulfilment capability and greater scale • Complementary customer bases • Bunnings provided with greater access to • Greater scale across sourcing, procuremen
Slide 36: Expanding into large, adjacent and high-growth markets
Expanding into large, adjacent and high-growth markets • Expanding participation in the $3.3b home renewable energy • Growing commercial export relationships in the Pacific Islands market through scaling the Zelora home electrification offer and unlocking new channels to support latent consumer dema
Slide 37: Scaling our high-growth, capital-light marketplace platform
Scaling our high-growth, capital-light marketplace platform More range and sellers New and expanded categories Commercial offers • More than c.300k marketplace SKUs • Significantly expanded Auto and Rural • Trade Marketplace launched in Q2 FY26 across 600+ sellers ranges online following instore lau
Slide 38: Unlocking an emerging demand channel through Agentic AI
Unlocking an emerging, scalable demand channel through Agentic AI Agentic Shopping on our channel Market leader in agentic commerce Enabling customers to search, discover and purchase Bunnings Helps customers by: products directly via Google Search and AI Mode • Planning multi-step DIY projects • Gu
Slide 39: Leveraging AI to drive revenue growth and productivity at pace
Leveraging AI to drive revenue growth and productivity at pace Driving tangible value at scale by harnessing AI across all key business functions and touchpoints, with significant opportunity to come AI for: Customer Team Trade Product experience Bunnings BunningsAI Powered by Google Gemini, our age
Slide 40: Customer reach and data capability driving personalisation and loyalty
Customer reach and data capability driving personalisation and loyalty at scale …leveraging AI across data …and enabling stronger to increase personalisation loyalty and customer +47m and engagement… lifetime value Website sessions each month +6.5m Known and contactable customers ~4m +65% Bunnings A
Slide 41: Rapidly scaling our Retail Media platform across all channels
Rapidly scaling our Retail Media platform across all channels • Rapidly growing, category-leading platform for endemic and non-endemic advertisers • Expanding reach, channel breadth and earnings contribution • Growing retail media network to 560+ instore screens across 250+ stores • Development of m
Slide 42: Enabling productivity through investment in technology
Enabling productivity through investment in technology Store technology Supply chain and order management Task and labour optimisation • +3m electronic shelf labels now deployed • Investment in AI-enabled platforms • Focused coverage across peak periods to drive stronger conversion • Continuous enha
Slide 43: Continuing an incremental approach to evolving our supply chain
Continuing an incremental approach to evolving our supply chain FOCUS Enable direct Optimise store Enhance fulfilment AREAS sourcing growth replenishment and last mile TECH ENABLERS Leverage technology, data and AI to unlock scalable network performance PHYSICAL Rapid deployment Distribution Fulfilm
Slide 44: Consolidating inbound supplier deliveries and building fulfilment capabilities
Consolidating inbound supplier deliveries and building fulfilment capabilities Simpler and faster store replenishment A leading customer fulfilment offer Second phase of suppliers transitioning to Bunnings managed store replenishment and inbound transport • 2-hour click and collect and c.400 fulfilm
Slide 45: Key messages
Key messages • Proven track record of core business growth, expanding addressable markets and channels and attracting customers • Strong foundations of trust across diverse customer audiences • Significant growth and productivity opportunities to drive earnings growth: − Expand and innovate our offe
Slide 46: Kmart Group
KMART GROUP KMART GROUP Aleksandra Spaseska Managing Director Kmart Group IAN BAILEY Managing Director Kmart Group
Slide 47: Execution of value-creating strategies
Execution of value-creating strategies Strengthening and growing the core Scaling new growth platforms • Expansion of strategic growth categories • Strong engagement across Kmart’s digital platforms • More than 2,500 price drops in FY26 • Scaling agentic commerce • 16 stores trading in the new Kmart
Slide 48: Unique competitive advantages
Unique competitive advantages Anko brand Low price positioning Store network Digital engagement • Trusted market-leading product • Significant sourcing advantage • 84% of Australians live within • >700m web sessions p.a. brand underpinned by long-term 10km of Kmart or Target supplier relationships •
Slide 49: Purpose and strategy
Purpose and strategy - Wesfarmers 2026 Strategy Briefing Day | 48
Slide 50: Better products at even lower prices
Better products at even lower prices Large and growing addressable market, with significant opportunity to increase share of wallet … Apparel (share c.8%) GM, Active & Beauty (share c.9%) Home & Living (share c.12%) Total Australian market c.$49b Total Australian market c.$35b Total Australian marke
Slide 51: Stores our customers and team members love
Stores our customers and team members love Store format innovation Digitisation of instore experiences • 16 Kmart stores in the new Plan C+ format, scaling to 40 by • Expanding RFID and AI capabilities to deliver improved stock the end of FY27 integrity and availability • New concepts being trialled
Slide 52: VIDEO – K Home concept store
VIDEO – K Home concept store Click to play Wesfarmers 2026 Strategy Briefing Day | 51 Available from: https://www.wesfarmers.com.au/strategy-videos-JUN2026
Slide 53: Low-cost leadership through operational excellence
Low-cost leadership through operational excellence Supply chain modernisation End-to-end supply chain optimisation Concept image of autonomous mobile robots at the Next Gen omnichannel fulfilment site • Scaled centralised fulfilment for online in NSW and VIC • RFID at source now >60% of purchase ord
Slide 54: A winning online offer
A winning online offer Kmart online ecosystem Marketplace Kmart app Loyalty Agentic commerce • Launched Target and 3P • Reached >1.6m monthly • Leveraged growing first-party • Deployed AI-enabled search Marketplace, attracting new active users who spend 2.4x data and AI to scale and Shopping Agent f
Slide 55: Profitable global growth
Profitable global growth Leverage Anko’s world-class capabilities to expand into attractive global markets • Five Anko stores opened in the Philippines • Five additional stores planned by the end of FY27 • Positive customer sentiment • Strong sales density performance • Ongoing refinement of the sto
Slide 56: Investing in long-term growth
Investing in long-term growth Supply chain Store format capacity & innovation capability Digital, app & End-to-end loyalty digitisation Wesfarmers 2026 Strategy Briefing Day | 55
Slide 57: Key messages
Key messages • Customers remain focused on value • We are focused on maintaining price leadership through investment in our low-cost operating model • Digitisation and AI are driving significant revenue and productivity opportunities • We are focused on: – Growing our addressable market – Store form
Slide 58: Officeworks
OFFICEWORKS OFFICEWORKS John Gualtieri Managing Director Officeworks SARAH HUNTER Managing Director Officeworks
Slide 59: Observations that shaped Officeworks' strategy
Observations that shaped Officeworks’ strategy Officeworks has a strong foundation ‒ A trusted brand, loyal customers and a passionate team Transformation required to capture significant opportunities: ‒ Right-size the cost base ‒ Strengthen the CVP1, especially in Tech ‒ Capitalise on B2B2 and Educ
Slide 60: Strategic framework for long-term profitable growth
Strategic framework for long-term profitable growth Our Purpose: We bring big ideas to life at low prices Values: We begin with customer | We do the right thing | We execute with accountability | We lead with ambition Get the fundamentals right Accelerate growth Reset merchandise Create inspiring Wi
Slide 61: Become a low-cost operator
Become a low-cost operator Transform support office Digitise end-to-end store Simplify global sourcing Optimise store network operating model operations and supply chain • Scale global capabilities • Digitise manual processes • Transition sourcing operations • Target high-return expansion • Reimagin
Slide 62: Reset merchandise and value fundamentals
Reset merchandise and value fundamentals Simplify Accelerate private Strengthen national customer offer brand penetration brand partnerships • Simplify range and brand architecture • Scale penetration through global sourcing • Curate a leading national brand portfolio • Clearer value messaging • Acc
Slide 63: Creating inspiring omnichannel experiences
Creating inspiring omnichannel experiences Expand digital and Create personalised experiences Improve immediacy physical reach • Build agentic commerce capabilities • Expand presence on third-party marketplaces • Introduce rapid fulfilment options • Modernise e-commerce platform • Drive mobile app a
Slide 64: Win as the first choice for complete tech solutions
Win as the first choice for complete tech solutions Increase customer Win on differentiated Evolve and innovate lifetime value by and trusted service our tech range expanding services • Strengthen tech expertise at • Expand into high-growth, lifestyle-led adjacent categories • Expand Geeks2U service
Slide 65: Create differentiated and trusted instore service model
Create differentiated and trusted instore service model Dedicated tech team members at every store • Specially recruited and trained for tech and sales expertise • Shift focus from non-customer-facing tasks to customer service and solution selling Uplift sales capability and product knowledge To upd
Slide 66: Be the market leader for B2B and Education
Be the market leader for B2B and Education Expand offer to become one-stop-shop Workplace facilities Education resources SME1 tech services To To update update ~$3 billion addressable market2 ~$1 billion addressable market2 ~$5 billion addressable market2 Win large contracts Strengthen customer loya
Slide 67: Key messages
Key messages • Officeworks has embarked on a multi-year transformation, built on five strategic priorities: – Becoming a low-cost operator – Resetting merchandise and value fundamentals – Creating inspiring omnichannel experiences – Winning as the first choice for complete tech solutions – Being the
Slide 68: Panel Q&A
PANEL Q&A Bunnings Group, Kmart Group and Officeworks Michael Schneider John Gualtieri Managing Director, Managing Director, Bunnings Group Officeworks Aleksandra Spaseska Managing Director, Kmart Group
Slide 69: WesCEF
WESCEF Aaron Hood Managing Director Wesfarmers Chemicals, Energy & Fertilisers
Slide 70: WesCEF overview
WesCEF overview Vision: We create long-term value for critical industries and everyday life Lithium Chemicals Energy Fertilisers Tier 1 asset, vertically- #1 WA Ammonium Nitrate #1 WA LPG and LNG #1 WA fertiliser integrated mine (domestic) production and refinery #1 WA Sodium Cyanide #2 WA natural g
Slide 71: WesCEF strategic focus areas
WesCEF strategic focus areas Lithium delivery Operational excellence Customer focus Major growth projects • Long-term trusted customer • Track record of incremental • Significant new growth • Industry-leading reliability and relationships across all expansions to drive growth platform for WesCEF ava
Slide 72: Lithium project update
Lithium project update Project is progressing well, with nameplate spodumene Covalent Lithium project journey production achieved in FY26 • 2H FY26 earnings will be higher than 1H FY26, benefitting from higher pricing, partially offset by lower sales of 55kt spodumene concentrate 2019 2021 ‒ Realise
Slide 73: Lithium expansion plans – working to Final Investment Decision
Lithium expansion plans – working to Final Investment Decision Mt Holland expansion project will accelerate cashflows and lower production costs ROM EXTENSION • Attractive opportunity to deploy incremental capital that is return STAGE 2 CONCENTRATOR on capital and value accretive for the project ORE
Slide 74: Operational excellence and customer focus
Operational excellence and customer focus History of operational excellence provides both Industry-leading availability rates resilience and growth Ammonium Nitrate operating metrics • High level of plant availability drives earnings resilience relative to competitors Production Nameplate Availabili
Slide 75: Major growth projects
Major growth projects Repeatable capability to support Track record of major capacity expansions future growth Nitric Acid Ammonium Nitrate Sodium Cyanide (NAAN) debottlenecking expansion • Completed debottlenecking on NAAN31 in 1H FY26, • First phase of the project was delivered in 2H FY26 • Signif
Slide 76: VIDEO – AGR Sodium Cyanide Expansion Project Update
VIDEO – AGR Sodium Cyanide Expansion Project Update Click to play Available from: https://www.wesfarmers.com.au/strategy-videos-JUN2026 Wesfarmers 2026 Strategy Briefing Day | 75
Slide 77: Middle East conflict
Middle East conflict Ammonia pricing has increased significantly following Impact of ammonia prices on WesCEF earnings the conflict in the Middle East Ammonia price – CFR Far East $US/t • Higher ammonia prices translate to higher earnings for manufactured tonnes, with the timing lag of sales contrac
Slide 78: Key messages
Key messages • WesCEF’s strategic focus areas continue to provide strong growth opportunities and support resilience in earnings • Delivery of the Mt Holland lithium project will provide a significant new earnings stream for WesCEF – Mine and concentrator operating at nameplate and well progressed o
Slide 79: Wesfarmers Health
WESFARMERS HEALTH Emily Amos Managing Director Wesfarmers Health
Slide 80: Growing addressable market with strong fundamentals
Growing addressable market with strong fundamentals Ageing population, More health conscious, Growing demand for increase in chronic disease digitally literate consumers consumer-led health and beauty Wesfarmers 2026 Strategy Briefing Day | 79
Slide 81: Continued focus on growth to improve earnings and returns
Continued focus on growth to improve earnings and returns Priorities to transform the business and deliver earnings growth include: Investing in and leveraging Growing share and Improving performance unique loyalty, data and scale in Consumer and operating efficiency digital assets Wesfarmers 2026 S
Slide 82: Strong momentum across our multi-year transformation
Strong momentum across our multi-year transformation Growing Priceline Accelerating Transforming Driving profitable Winning on cost and new formats omnichannel growth MediAesthetics growth in Wholesale and service Investing in our value Strong online sales Shared ownership model Ongoing focus on Con
Slide 83: Priceline Pharmacy is a full-service pharmacy differentiated by health and beauty
Priceline Pharmacy is a full-service pharmacy differentiated by health and beauty Australia’s largest Compelling Great brands and Market leading Differentiated health health and beauty franchisee proposition value, destination for women’s health services and scope loyalty program skincare and beauty
Slide 84: Multiple growth drivers supporting momentum in Priceline Pharmacy
Multiple growth drivers supporting momentum in Priceline Pharmacy Provide even better Drive network Expand exclusive Grow health Accelerate value for customers growth brands and private label services omnichannel Lower prices on key Improved platform and value items, exciting 24 new sites and 23 Lau
Slide 85: Network growth supported by high-quality locations and optimised layouts
Network growth supported by high-quality locations and optimised layouts New sites and refurbishments in high-quality locations Retail space optimisation and dispensary automation Wesfarmers 2026 Strategy Briefing Day | 84
Slide 86: Investing in and leveraging unique loyalty, data and digital assets
Investing in and leveraging unique loyalty, data and digital assets New app launch and Transform Unlocking potential omnichannel experience loyalty program of retail media New app launched in FY26, with Accelerating commercialisation Relaunching loyalty across consumer seamless customer experience t
Slide 87: atomica is our new destination for aspirational and affordable beauty
atomica is our new destination for aspirational and affordable beauty • Highly curated K-beauty range and viral favourites alongside established brands • Instore services including makeup and lash applications • Store format is resonating well with our core customer base with +90 NPS and strong bask
Slide 88: Private Label and owned brands driving differentiation and customer value
Private Label and owned brands driving differentiation and customer value >1,000 SKUs in Priceline Retail >400 SKUs in Wholesale >100 SKUs across both focused on beauty and wellness focused on OTC1 categories clinic and D2C2 channels 1. Over-the-counter. 2. Direct-to-consumer. Wesfarmers 2026 Strate
Slide 89: Integrated health journeys to help our customers live better lives
Integrated health journeys to help our customers live better lives • New app launched in FY26, delivering a seamless omnichannel experience • Bringing new health journeys to the market including women’s health and weight loss • Convenient options to book health services and telehealth consults, mana
Slide 90: Improving Wholesale performance and operating efficiency
Improving Wholesale performance and operating efficiency Wholesale Operating efficiency • Focus on improving the customer proposition through compelling • Continued optimisation through increased automation in our supply service and competitive pricing chain, with new Brisbane and Cairns DCs deliver
Slide 91: Digital Health and MediAesthetics are market-leading businesses
Digital Health and MediAesthetics are market-leading businesses Digital Health MediAesthetics Building integrated health Partnering with Google, Leveraging shared ownership Driving growth in product journeys, with continued VCCRI1 and Latrobe Health model to drive growth across sales (AestheticsRX)
Slide 92: Key messages
Key messages • Significant opportunity to improve earnings and returns • Operating in large and growing markets with compelling fundamentals • Strong momentum across our multi-year transformation • Priorities to transform the business and deliver earnings growth include: – Growing share and scale in
Slide 93: Panel Q&A
PANEL Q&A WesCEF and Wesfarmers Health Aaron Hood Emily Amos Managing Director, Managing Director, Wesfarmers Chemicals, Wesfarmers Health Energy and Fertilisers
Slide 94: Tim Bult, Emily Amos
TIM BULT EMILY AMOS Managing Director, Managing Director, Wesfarmers Industrial Wesfarmers Health and Safety