Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 137

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 137
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798        ​   -                ​   630,069           ​   687,808         ​   2,065,921        ​   53,460         
Weighted average remaining contractual life   ​   11.9 years           ​                ​   ​                     ​               ​   11.5 years       ​   ​              
2024                                          ​   ​                                     ​                                         ​   ​                ​                  
Share rights                                  ​   4,028,972        ​   -                ​   -                 ​   645,174         ​   3,383,798        ​   -              
​
No LTVR share rights were issued in the year ending 30 September 2025 following the introduction of the EIP from 1 January 2023.
​

​

               ​                
--------------------------------
WESTPAC GROUP 2025 ANNUAL REPORT
​
NOTES TO THE FINANCIAL STATEMENTS

Note 31.Share-based payments (Continued)

iv.   Westpac Performance Plan (WPP)
------------------------------------

                     ​                        ​         ​          ​         ​          ​          ​          ​         ​         ​         ​          ​          ​       
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​                                             ​                ​       ​                    ​                     ​                                ​       Outstanding    
​                                             ​   Outstanding as   ​   ​                ​   ​                 ​   ​               ​                ​   ​   and exercisable
​                                             ​     at beginning   ​   Granted during   ​   Exercised         ​   Lapsed during   ​   Outstanding as   ​   as at end      
​                                                        of year   ​   the year         ​   during the year   ​   the year        ​   at end of year   ​   of year        
2025                                          ​                ​   ​   ​                ​   ​                 ​   ​               ​                ​   ​   ​              
Share rights                                  ​                ​       ​                ​   ​                     ​                                ​       ​              
One-year vesting period                       ​           64,336       -                ​   26,586                1,533                       36,217       36,217         
Two-year vesting period                       ​           98,511       -                ​   50,107                3,508                       44,896       41,127         
Three-year vesting period                     ​           37,645   ​   -                ​   13,932            ​   -               ​           23