27 March 2025
The Manager
Market Announcements Office Australian Securities Exchange
Dear Manager
BUNNINGS INVESTOR BRIEFING AND SITE TOUR
Following is a presentation that will be given as part of an investor briefing and site tour of Bunnings on Thursday 27 March 2025, at 8:45am AWST / 11:45am AEDT.
This briefing will be webcast and accessible via our website atwww.wesfarmers.com.au.
Yours faithfully
Sheldon Renkema Executive General Manager Company Secretariat
This announcement was authorised to be given to the ASX by the Wesfarmers Disclosure Committee.
Investor briefing and site tour
27 March 2025
Bunnings executive team
Mike Schneider Michael Howard Rachael McVitty
Ryan Baker
Managing Director
Chief Financial Officer
Genevieve Elliott
Chief Customer Officer
Chief Operating Officer
Melissa O'Neill
Damian Zahra
Chief Information Officer
Chief Corporate Affairs Officer
Chief People Officer
Key messages
Bunnings has a significant opportunity to drive sustainable sales and earnings growth over the long term
Expand and innovate our offer
Grow and optimise our retail space
Drive commercial growth
Accelerate digital, data and retail media
Enhance productivity through our entire operations
Our model and market
The Bunnings model delivers value for all stakeholders
Customers Team members Suppliers Community Shareholders
+5m
Transactions per week
c.54,000
Team members
+2,000
Suppliers
$61m
in community support in FY24
71.5%
Return on capital in 1H25 (R12)1
Price, range, experience
1.
Rolling 12 month average.
Focused on providing a safe, inclusive and rewarding environment
Long-term partnerships
Local, meaningful, sustainable Long-term returns
Our strategic pillars
Lowest Prices
• Relentless focus on everyday lowest prices
• Enabled by warehouse format, cost discipline and productivity focus
Widest Range
• Expansive ranging for consumers and commercial customers
• Diverse offer underpins resilient business model
• Leading brands complemented by own brands
Best Experience
• Connected and personalised customer experience
• Expert advice and support - instore, on-site or online
• Family friendly and local community oriented
Enabled by the best team and connection to community
Unique, empowered and high-performance culture
• Safe and inclusive work environment
• Industry-leading benefits and development
• High retention and engagement drives lower costs and a better customer experience
Local and meaningful
• Supported over 79,000 local community activities in FY24
• Helped raise over $61 million for community groups in FY24
Sustainable
• Business powered by 100% renewable electricity
• On track towards net zero scope 1 and 2 emissions by 2030
Case study: response to ex-tropical cyclone Alfred
Demonstrated operational resilience
• Over 40 sites temporarily closed between Sunshine Coast and Grafton during peak of the event - support provided by surrounding stores
• Safely re-opened and overcame transport interruptions quickly to provide access to essential products
While meaningfully supporting our local communities
• Supported affected team members through financial assistance, natural disaster leave and counselling
• Partnered with local community groups to provide product donations of essential supplies and gift cards
• National community sausage sizzle raised over $285,000 for affected communities
Our model drives long-term value creation
20
Revenue($b)
18
16
14
12
10
8
6
4
2
0
FY94
FY99
RevenueEBT
2,500
2,000
1,500
1,000
EBT($m)
500
0
FY04
FY09
FY14
FY19
FY24