Slide 1: Full Year Results Presentation ASX announcement
27 August 2025 ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 For personal use only Full Year Results Presentation Attached for release to the market is the Full Year Results Presentation for the period ended 29 June 2025. Authorised by: Dom Millga
Slide 2: Woolworths Group 2025 Full Year Results
27 August 2025 For personal use only Woolworths Group 2025 Full Year Results For the 52 weeks ended 29 June 2025 Amanda Bardwell, Managing Director and CEO Stephen Harrison, CFO
Slide 3: Contents
2 Woolworths Group Full Year Results 2025 Contents For personal use only 4 F25 Group summary We create better Amanda Bardwell experiences 19 Group financial results and capital management together for a better tomorrow Stephen Harrison 30 Strategy update, current trading and outlook Amanda Bardwell
Slide 4: Acknowledgment of Country
3 Woolworths Group Full Year Results 2025 Acknowledgment For personal use only of Country Woolworths Group acknowledges the many Traditional Owners of the lands on which we operate and pay our respects to their Elders past and present. We recognise their strengths and enduring connection to lands, w
Slide 5: F25 Group summary
4 Woolworths Group Full Year Results 2025 F25 Group summary Clear priorities to improve performance in F26 For personal use only Group sales Group eCom sales Group VOC NPS Group EBIT2 Group NPAT3 Final dividend $69.1b $9.1b 45 $2,754m $1,385m 45c ↑ 17.1%1 vs. F24 ↓ 1 pt vs. F244 ↑ 3.6%1 vs. F24 ↓ 12
Slide 6: Value, digital and convenience still shaping customer behaviour
5 Woolworths Group Full Year Results 2025 Value, digital and convenience still shaping customer behaviour For personal use only Value Digital Convenience Search for value ~3 pts Use of digital tools 14.8% Growth in eCom >40% driving behaviours Increase in to make shopping Growth in total convenience
Slide 7: Progress on 2025 focus areas
6 Woolworths Group Full Year Results 2025 Progress on 2025 focus areas Get it right for customers For personal use only Launched Lower Availability 68 renewals Shelf Price on improvement completed and 500+ popular recognised by Direct to Boot Now everyday items customers in 513 stores Simplify the w
Slide 8: Get it right for customers: investment into value
7 Get it right for customers Woolworths Group Full Year Results 2025 Investment into value driving improved price perception Value for Money VOC NPS – Australian Food For personal use only Lower prices 65 Positive VFM trends 500+ everyday continuing in July items on Lower Shelf Price 60 55 Rewards L
Slide 9: Connected members accessing more value
8 Get it right for customers Woolworths Group Full Year Results 2025 Connected members accessing more value, spending more and delivering greater advocacy For personal use only Delivering more value to members Boost your Budget Bank for Christmas Added new partners campaigns ~750,000 members and ren
Slide 10: Investment in network delivering improved customer experiences
9 Woolworths Group Full Year Results 2025 Get it right for customers Investment in network delivering improved customer experiences For personal use only 1,301 New Supermarkets and Metros2 Supporting: 12 opened in F25 Total store network1 Sales benefits from Renewals1 completed across as at the end
Slide 11: Supporting customer demand for convenience
10 Get it right for customers Woolworths Group Full Year Results 2025 Supporting customer demand for convenience For personal use only Woolworths Food On Demand eCommerce sales ($m) Auburn automated CFC >40% of delivery orders fulfilled within 2 hours +6 pts vs. Q4 F24 3x increase in Sub6O eCommerce
Slide 12: Leadership changes to align to strategy and enhance focus
11 Simplify the way we work Woolworths Group Full Year Results 2025 Leadership changes to align to strategy and enhance focus For personal use only Group leadership and organisational changes Setting up our Food Retail Creating focus and driving Innovating for the businesses for success growth futur
Slide 13: Ongoing focus on productivity and making every dollar count
12 Simplify the way we work Woolworths Group Full Year Results 2025 Ongoing focus on productivity and restoring a discipline of making every dollar count For personal use only Productivity benefits delivered in F25 Advanced analytics and AI helping to deliver productivity gains 1.9x1 Ongoing store a
Slide 14: Outcomes of portfolio assessment
13 Unlock the full potential of the Group Woolworths Group Full Year Results 2025 Outcomes of portfolio assessment For personal use only Actioned Confident in value More to do creation potential MyDeal website closure New Zealand Food Disappointing BIG W effective 30 September transformation momen
Slide 15: Strong progress in New Zealand in F25
14 Unlock the full potential of the Group Woolworths Group Full Year Results 2025 Strong progress in New Zealand in F25 Brand and value reset 500 new own brand products launched in F251 For personal use only VOC NPS +8pts VOC NPS (Store and Online) +4 points vs. Q3 and +8 points vs. F24 driven by im
Slide 16: Improved BIG W customer momentum but profit result disappointing
15 Unlock the full potential of the Group Woolworths Group Full Year Results 2025 Improved BIG W customer momentum but profit result disappointing For personal use only Improving customer momentum • EBIT result disappointing due to modest F25 sales growth and gross margin pressure due to mix and cle
Slide 17: Complementary businesses and services growing strongly
16 Unlock the full potential of the Group Woolworths Group Full Year Results 2025 Complementary businesses and services growing strongly For personal use only • Cartology revenue increased • Strong sales growth in PC+ • Everyday Rewards & Services by a normalised 19.5% with • Launched direct rail op
Slide 18: Progress on sustainability initiatives in F25
17 Woolworths Group Full Year Results 2025 Progress on sustainability initiatives in F25 For personal use only 12.92 $145m $31m 33 People Total Recordable Injury Direct community spent on First Nations Mini Woolies opened Frequency Rate contributions Supply Nation-registered in F25 and certified sup
Slide 19: Contents
18 Woolworths Group Full Year Results 2025 Contents For personal use only We create better 4 F25 Group summary Amanda Bardwell 19 Group financial results and capital management experiences Stephen Harrison together for a better tomorrow 30 Strategy update, current trading and outlook Amanda Bardwell
Slide 20: Group financial results and capital management
19 Woolworths Group Full Year Results 2025 For personal use only Group financial results and capital management
Slide 21: F25 financial summary
20 Woolworths Group Full Year Results 2025 F25 financial summary Group sales Group EBIT1 For personal use only $69.1b $2,754m 3.6%2 vs. F24 12.6%2 vs. F24 Ex Petstock, Group sales increased by a Decline in Group EBIT driven by Australian Food normalised 2.9%2 and BIG W Ex industrial action impac
Slide 22: Group trading performance
21 Woolworths Group Full Year Results 2025 Group trading performance Sales summary EBIT summary For personal use only F25 H2 F25 F25 H2 F25 Before significant items F25 F24 CHANGE H2 F25 H2 F24 CHANGE F25 F24 CHANGE H2 F25 H2 F24 CHANGE $ MILLION (52 WEEKS) (53 WEEKS) NORMALISED (25 WEEKS) (26 WEEKS
Slide 23: Working capital and ROFE
22 Woolworths Group Full Year Results 2025 Working capital and ROFE For personal use only Average inventory and payables days1 • Average inventory days reflect higher inventory holdings Inventory Payables during the year in Australian Food to improve availability and manage industrial action conting
Slide 24: Woolworths Group capital management framework
23 Woolworths Group Full Year Results 2025 Woolworths Group capital management framework Strong growth Leading market opportunities in Defensive For personal use only Iconic Australian and Strong underlying positions in Food complementary characteristics New Zealand brands cash flow and Everyday Nee
Slide 25: Solid operating cash flow and cash realisation
24 Woolworths Group Full Year Results 2025 Solid operating cash flow and cash realisation F25 F24 For personal use only $ MILLION (52 WEEKS) (53 WEEKS) CHANGE Strong working capital inflow reflecting an increase in trade Group EBITDA before significant items 5,707 6,001 (4.9)% payables due to timing
Slide 26: Operating capex largely unchanged on prior year
25 Woolworths Group Full Year Results 2025 Operating capex largely unchanged on prior year $ MILLION F25 F24 Sustaining capex ($m) F24 F25 For personal use only Sustaining capex 1,549 1,551 Growth capex 475 460 344 SIB 385 Operating capex 2,024 2,011 435 Property development 451 543 Renewals 31.1 57
Slide 27: Good progress on supply chain transformation
26 Woolworths Group Full Year Results 2025 Good progress on supply chain transformation For personal use only Expanding automation capability in our CFCs Moorebank National & Regional DC Sydney Chilled & Fresh DC (SCFDC) • Moorebank NDC ramp up on track • 84,000 sqm multi-level DC to complete NSW •
Slide 28: Double-digit returns expected from major DC investments
27 Woolworths Group Full Year Results 2025 Double-digit returns expected from major DC investments Major projects in ramp up or nearing completion For personal use only Moorebank NDC Auburn eCommerce Moorebank RDC opened in Nov automated CFC remains on track to 2024 opened in May 2025 open in H1 F26
Slide 29: Dividends and funding
28 Woolworths Group Full Year Results 2025 Dividends and funding 45 cps final dividend For personal use only Dividends (cents per share) Interim Final Special • Fully franked final ordinary dividend of 45 cps 144 • Full year dividend of 84 cps, broadly consistent with NPAT reduction 104 40 84 • Full
Slide 30: Contents
29 Woolworths Group Full Year Results 2025 Contents For personal use only 4 F25 Group summary Amanda Bardwell We create better 19 Group financial results and experiences capital management Stephen Harrison together for a 30 Strategy update, current trading and outlook better tomorrow Amanda Bardwell
Slide 31: Strategy update, current trading and outlook
30 Woolworths Group Full Year Results 2025 For personal use only Strategy update, current trading and outlook
Slide 32: We create better experiences together for a better tomorrow
We create For personal use only better experiences together for a better tomorrow
Slide 33: We are an Everyday Retail Group, anchored in the strength of Food
32 Woolworths Group Full Year Results 2025 We are an Everyday Retail Group, anchored in the strength of Food Australian For personal use only Our cornerstone business, bringing fresher ways to help our Food customers live better every day New Zealand Food BIG W & Petstock PFD Expanding the reach of
Slide 34: Unique strengths with significant potential
33 Woolworths Group Full Year Results 2025 Unique strengths with significant potential For personal use only Iconic Over 100 Australian years Large, 25.7m 12m+ and serving customers Leading connected Everyday New Australians, served on loyalty Rewards anchored by customer average per Zealand program
Slide 35: How we will realise our potential over the medium term
34 Woolworths Group Full Year Results 2025 How we will realise our potential over the medium term Purpose: We create better experiences together for a better tomorrow For personal use only Medium-term strategic priorities Financial aspiration Become first Improve Grow Priority Priority Priority Sale
Slide 36: Three key medium-term strategic priorities
35 Woolworths Group Full Year Results 2025 We are focused on three key medium-term strategic priorities For personal use only Maturity level1 Become first • Deliver on Fresh Food People promise through best quality, varieties and passion for Fresh Priority 1 choice for the • Provide Australia’s best
Slide 37: Key enablers to deliver our priorities
36 Woolworths Group Full Year Results 2025 Key enablers to deliver our priorities For personal use only Deliver customer Embed simpler Make every and retail excellence ways of working dollar count Reestablish price trust with reliable prices Embed simplified operating model to reduce Reset Group ‘al
Slide 38: Become first choice for the Freshest Australian Food
33 37 Woolworths Group Full Year Results 2025 Priority Become first Meaningful shifts to get customers 1 choice for the to put us first in Food Freshest Australian Food For personal use only Best of Products you Easiest ways Consistent & Execution Australian Fresh love and need to shop meaningful va
Slide 39: Improve returns in New Zealand Food and BIG W
34 38 Woolworths Group Full Year Results 2025 Priority Improve returns Significant opportunity to improve 2 in NZ Food and BIG W New Zealand Food and BIG W performance For personal use only Maintain momentum in Turnaround BIG W New Zealand Food transformation Differentiate range with focus on Fresh
Slide 40: Deliver value from PFD and Petstock
39 Woolworths Group Full Year Results 2025 Grow Deliver value from PFD and Petstock Priority 3 complementary businesses and services For personal use only Capitalising on the Group’s expertise and capabilities to unlock value Supply chain Extensive footprint Digitally-enhanced Deep market Strong ret
Slide 41: Accelerate service businesses growth
37 40 Woolworths Group Full Year Results 2025 Grow Accelerate service businesses growth Priority 3 complementary businesses and services Today For personal use only • Delivering meaningful and personalised • Delivering reach and efficiency • Providing high quality media member value to attract new m
Slide 42: Shareholder value creation framework to deliver double-digit TSR
41 Woolworths Group Full Year Results 2025 Long-term sustainable growth, strong cash generation and disciplined capital management to deliver double-digit TSR For personal use only Woolworths Group shareholder value creation framework Growth Sales growth from Woolworths Retail Incremental growth fro
Slide 43: Current trading and outlook
42 Woolworths Group Full Year Results 2025 Current trading and outlook First 8 weeks of F26 For personal use only • Australian Food (Woolworths Food Retail) total sales growth of 2.1% compared to the prior year • Excluding Tobacco, total sales increased by 4.0% • New Zealand Food total sales growth
Slide 44: Tobacco decline accelerating with material EBIT impact likely in F26
43 Woolworths Group Full Year Results 2025 Tobacco decline accelerating with material EBIT impact likely in F26 For personal use only Average weekly Tobacco sales ($m) – Woolworths Food Retail Tobacco sales trends 80 • New Public Health Act changes from 1 July 2025 impacting range, pack The Public H
Slide 45: Q&A
Q&A 44 For personal use only Woolworths Group Full Year Results 2025
Slide 46: Appendix
Appendix 45 For personal use only Woolworths Group Full Year Results 2025
Slide 47: Australian Food
For personal use only Food Australian
Slide 48: Australian Food
47 Woolworths Group Full Year Results 2025 Australian Food For personal use only Sales ($m) EBIT ($m) ROFE (%) F25 F24 Normalised (52 WEEKS) (53 WEEKS) Change change1 3.1% 1 10.5%1 4.8 pts1 Total sales ($m) 51, 452 50,823 1.2% 3.1% ↑ vs. F24 ↓ vs. F24 ↓ vs. F24 EBITDA ($m) 4,766 5,045 (5.5)% (3.9)%
Slide 49: Australian Food sales performance by business
48 Woolworths Group Full Year Results 2025 Australian Food SALES PERFORMANCE BY BUSINESS ($m) F25 F24 Normalised (52 WEEKS) (53 WEEKS) Change change1 Woolworths Food Retail 50,864 50,345 1.0% 2.9% (Stores and eCommerce)2 For personal use only WooliesX (including 8,553 7,506 13.9% 15.9% eCommerce)3 E
Slide 50: Australian Food – WooliesX
49 Woolworths Group Full Year Results 2025 Australian Food – WooliesX For personal use only eComX EverydayX idX & Cartology 44.1 million eCom orders fulfilled, up Weekly average digital traffic to Group 10.4 million active members2, up 6% vs. F24 21% vs. F24 platforms up 8% vs. F24 Everyday Extra pa
Slide 51: Australian B2B
For personal use only B2B Australian
Slide 52: Australian B2B
51 Woolworths Group Full Year Results 2025 Australian B2B For personal use only SALES PERFORMANCE BY BUSINESS ($m) F25 F24 Normalised (52 WEEKS) (53 WEEKS) Change change1 B2B Food 3,485 3,338 4.4% 6.4% B2B Supply Chain 2,258 2,256 0.1% 0.8% Total Australian B2B sales 5,743 5,594 2.7% 4.1% B2B Food B
Slide 53: New Zealand Food
For personal use only Food New Zealand
Slide 54: New Zealand Food
53 Woolworths Group Full Year Results 2025 New Zealand Food SALES PERFORMANCE BY BUSINESS ($m)3 For personal use only F25 F24 Change (52 WEEKS) (53 WEEKS) Change normalised4 New Zealand 6,356 6,412 (0.9)% 0.9% Supermarkets (store- originated) eCommerce 1,232 1,075 14.7% 17.1% Living our purpose and
Slide 55: W Living
For personal use only W Living
Slide 56: W Living
55 Woolworths Group Full Year Results 2025 W Living For personal use only F25 F24 Change (52 WEEKS) (53 WEEKS) Change normalised1 Total sales ($m) 5,638 5,220 8.0% 9.9% EBITDA ($m) 234 227 3.4% 3.9% LBIT ($m) (63) (29) 113.4% 120.1% H2 comparable sales growth Woolworths MarketPlus Customer NPS LBIT
Slide 57: BIG W
56 Woolworths Group Full Year Results 2025 BIG W For personal use only SALES PERFORMANCE ($m) F25 F24 Change (52 WEEKS) (53 WEEKS) Change normalised1 BIG W (store-originated) 4,155 4,199 (1.0)% 0.8% Continue to build Drive online growth Product-led Strong retail eCommerce 489 481 1.7% 4.0% momentum
Slide 58: Glossary
57 Woolworths Group Full Year Results 2025 Glossary Active eCom customers DAP n.m. TRIFR Voice of Team (VOT) Customers that have made a Directly-attributable profit includes Not meaningful 12-month rolling total recordable Survey measuring sustainable For personal use only purchase online in the las
Slide 59: Disclaimer
58 Woolworths Group Full Year Results 2025 Disclaimer This presentation contains summary information about Woolworths Group Limited (Woolworths Group) and its activities current as at the date of this presentation. It is sourced For personal use only from and should be read in conjunction with Woolw