Westpac Banking : 2017 AGM Notice of Meeting

Notice of Meeting

Friday, 8 December 2017 10:00am (Sydney time)

The Darling Harbour Theatre, Level 2 International Convention Centre Sydney 14 Darling Drive, Sydney NSW 2000

Westpac Banking Corporation ABN 33 007 457 141

Westpac

It is my pleasure to invite you to Westpac's 2017 Annual General Meeting (AGM).

The meeting will be held in The Darling Harbour Theatre, on Level 2, at the International Convention Centre Sydney on Friday, 8 December 2017, at 10:00am. Registration commences from 9:00am.

The AGM is an opportunity for shareholders to hear from the Board and the Executive team, to ask questions about the company and to vote on matters before the meeting. I hope you will be able

to attend. Our Managing Director and Chief Executive Officer, Brian Hartzer, and I will both speak to

update shareholders on performance and important developments over the year.

The Board is always keen to hear from shareholders and so, if you cannot attend, you can submit a question relevant to the AGM prior to the meeting through the voting site above or by returning the question form included with this Notice of Meeting. We will not be able to respond to all questions submitted, but I will consider these questions in preparing my AGM address.

The 2017 AGM agenda will be similar to recent years. There are items for the accounts, the remuneration report, the granting of equity to the Chief Executive Officer and the re-election of three directors, including myself. This year we are also asking shareholders to vote on the appointment of a new director, Nerida Caesar. Finally, we have resolutions

on the terms and conditions to facilitate the buy-backs of Westpac Convertible Preference Shares.

As in prior years, we aim to make the event as accessible as possible, with arrangements for the mobility impaired, a sign language interpreter and hearing loop facilities. Details of how to get to the AGM are set out at the back of this document.

If you have elected to receive a hard copy of our Annual Report and/or our Annual Review and Sustainability Report, you will receive these in a separate envelope shortly. These reports will also be available on our website once they have been

lodged with the ASX. As always, your Board and the Executive team look forward to meeting with you over light refreshments at the conclusion of the AGM.

I look forward to welcoming you to the AGM. Yours sincerely,

Chairman

8 November 2017

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Westpac

Notice of Annual General Meeting

The Annual General Meeting (AGM) of Westpac Banking Corporation (ABN 33 007 457 141) (Westpac) will be held in The Darling Harbour Theatre, on

Level 2, at the International Convention Centre Sydney, 14 Darling Drive, Sydney New South Wales 2000, on Friday, 8 December 2017, commencing at 10:00am (Sydney time).

1. Financial Reports

   To receive and consider the Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 September 2017.

2. Remuneration Report

   To adopt the Remuneration Report for the year ended 30 September 2017.

3. Grant of equity to Managing Director and Chief Executive Officer

To approve the grant of shares and performance share rights to the Managing Director and Chief Executive Officer (CEO), Brian Hartzer, under the CEO Restricted Share Plan and Long Term

Incentive Plan (Plans) in accordance with the rules of those Plans and on the terms summarised in the Explanatory Notes in this Notice of Meeting, for all purposes, including ASX Listing Rule 10.14 and sections 200B and 200E of the Corporations Act 2001 (Cth).

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