Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 138

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 138
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 $23.14).

vi.   Restricted Share Plan (RSP)
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       ​          ​           ​           ​         ​          ​       ​       ​          ​           ​           ​        
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​                 ​   Outstanding as at   ​   Granted during   ​   ​           ​   Forfeited during   ​   Outstanding as at
Allocation date       beginning of year       the year             Released        the year               end of year      
2025              ​   2,738,389           ​   -                ​   1,382,492   ​   6,396              ​   1,349,501        
2024                  4,916,346           ​   -                ​   2,085,417   ​   92,540             ​   2,738,389        
​
No RSP shares were issued in the year ending 30 September 2025 following the introduction of the EIP from 1 January 2023. 
​

​

                                                            ​                    
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FINANCIAL   EXHIBITS INDEX   STRATEGIC   PERFORMANCE   EXHIBIT 15.4   ADDITIONAL 
REPORT                       REVIEW      REVIEW                       INFORMATION
​

Note 31.Share-based payments (Continued)
vii.Employee Share Plan (ESP)

 ​     ​          ​           ​          ​          ​            ​            ​          ​           ​     ​        ​      ​      ​          ​    
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​      ​   ​                  ​   ​                 ​   Average number        ​   ​                  ​   ​        ​        ​   ​          ​       
​      ​   ​                  ​   Number            ​   of shares allocated   ​   Total number of    ​   Market price      ​   ​                  
​          Allocation date        of participants       per participant           shares allocated       per sharea            Total fair value   
2025   ​   20 November 2024   ​   26,916            ​   30                    ​   807,480            ​   $32.82            ​   $26,501,494        
2024       23 November 2023   ​   27,549            ​   47                    ​   1,294,803          ​   $21.20            ​   $27,449,824        
​

a.   The market price per share for the allocation is based on the five day volume-weighted average price up to the grant date.
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