Westpac Says RFG Cooperated With ASIC Throughout Investigation

Westpac Banking Corp WBC:

• RFG COMPLETED CUSTOMER REMEDIATION IN 2024, COOPERATED WITH ASIC THROUGHOUT THE INVESTIGATION

• RAMS BUSINESS WAS CLOSED TO NEW HOME LOAN APPLICATIONS FROM 6 AUGUST 2024

• PENALTY WAS PROVISIONED AND INCLUDED IN WESTPAC’S 2025 HALF YEAR RESULTS

• REFERS TO ASIC'S INVESTIGATION, COURT PROCEEDING AGAINST RAMS FINANCIAL GROUP