Westpac Banking Corporation · ASX:WBC
Westpac Banking — Shareholder Meeting (December 2006)
13 slides from Westpac Banking's shareholder meeting presentation, Dec 14, 2006
Slide 1: Annual General Meeting - Item 1: Financial reports
ABfestpac Annual General Meeting 14 December 2006 Item 1: Financial reports To lay before the Annual General Meeting: ¢ The Annual Financial Report; ¢ Directors’ Report; and ¢ The Audit Report of Westpac Banking Corporation for the year ended 30 September 2006, for shareholders to consider. Wifestpa
Slide 2: Financial highlights
ABfestpac Annual General Meeting Leon Davis Chairman 14 December 2006 Financial highlights Profit $3,071m Earnings per share tad oy ite] © g 8. gs. 8. 8 gs. 8. 8.3.8 Oo o o o Q rw N N A rT N O. N N ™ $m Cenis per share Wifestpac 4 2006 Anauat General Meeting
Slide 3: Efficiency; All businesses contributing
Efficiency Expense to income ratio (%) 604 46.6% 55 2006 Wifestpac 2006 Annual General Meeting All businesses contributing Cash earnings growth (%) — Consumer Banking NZ Banking (AS) [MR 4 0 5 10 16 20 25 1 Underlying cash earnings growth; 2 Excluding Structured Finance Wifestpac 2006 Annual General
Slide 4: Dividends; Market capitalisation
Dividends Dividends 120.5 100 = 80 - 60 5 40 5 i i i 1997... 1998 1999 2000... 2001 Cents per share 2002 2003... 2004. 2005 2006 7 2006 Annual General Meeting Wifestpac Market capitalisation Market capitalisation ($bn) 50 5 40 5 CNN — 30 5 20 5 i iil wii 10.5 o- 30 September ‘2005 30 September 2006
Slide 5: Total shareholder returns
9 Total shareholder returns $2,500 5 $2,250 ——.Westpac swexe All Ordinaries $2,000 + $1,750. + $1,500. 4 $1,250 Total shareholder return on $1,000 invested on 1 October 2001 $2,122 2006 Annual General Meeting $1,000. 7" ee ais $750 T T T T 1 01-Oct-01 01-Oct-02 01-Oct-03 01-Oct-04 01-Oct-05 30-Sep-0
Slide 6: Annual General Meeting - Chief Executive Officer
ABfestpac Annual General Meeting David Morgan Chief Executive Officer 14 December 2006 or the environ
Slide 7: Strategic themes
Strategic themes ¢ Feet on the street ¢ Investing in growth ¢ Productivity improvement Westpac 43 2006 Annuat General Meeting yesterday... Wifestpac 14 2006 Annual General Meeting
Slide 8: Item 1: Financial reports
ABfestpac Annual General Meeting 14 December 2006 Item 1: Financial reports To lay before the Annual General Meeting: ¢ The Annual Financial Report ¢ Directors’ Report; and ¢ The Audit Report of Westpac Banking Corporation for the year ended 30 September 2006, for shareholders to consider. Wifestpac
Slide 9: Item 2: Election of Directors
Item 2: Election of Directors * Carolyn Judith Hewson ¢ Peter David Wilson * Elizabeth Blomfield Bryan V7 2006 Annual General Meeting Westpac ltem 2(a): Re-election of Director - Ms C.J. Hewson Resolution: “That Carolyn Judith Hewson, who retires in accordance with Articles 9.2 and 9.3 of the Consti
Slide 10: Item 2(b): Re-election of Director — Mr P.D. Wilson
19 Item 2(b): Re-election of Director — Mr P.D. Wilson Resolution: “That Peter David Wilson, who retires in accordance with Articles 9.2 and 9.3 of the Constitution, be re-elected as a Director of Westpac Banking Corporation.” Wifestpac 2006 Annual General Meeting 20 Item 2(c): Election of Director
Slide 11: Item 3: Non-Executive Directors' Remuneration
21 item 3: Non-Executive Directors’ Remuneration “That the yearly maximum sum available to Non- executive Directors of Westpac Banking Corporation as remuneration for their services be increased from $2.5 million to $3.0 million, from the year commencing 1 January 2007, to be divided amongst them in
Slide 12: Item 4(b): Restricted Share Plan
ltem 4(b): Restricted Share Plan “That approval is given for the establishment of an equity-based reward plan, to be called the Restricted Share Plan (RSP), for the provision of a retention benefit to employees of Westpac and its subsidiaries.” Wifestpac 23 2006 Annual General Meeting ltem 5: Remune
Slide 13: Disclaimer
26 Disclaimer The material contained in this presentation is intended to be general background information on Westpac Banking Corporation and its activities. The information is supplied in summary form and is therefore not necessarily complete. Also, it is not intended that it be relied upon as advi
Westpac Banking — Shareholder Meeting (December 2006) on 6ix