WESFARMERS LIMITED DISCLOSURECurrent Reports (8-K / ad hoc)

2026 Full-year results

27 August 2026 2026 Full-year results Highlights n.m. = not meaningful. a There were no significant items in 2026. Significant items in 2025 of $279 million ($273 million post-tax) relate to the gain on sale of Coregas, profit on the wind-up of the BPI property structure and costs associated with the wind down and transition of Catch. Wesfarmers Limited has reported a statutory net profit after tax (NPAT) of $2,874 million for the full year ended 30 June 2026. Excluding significant items in the prior period, NPAT increased 8.3 per cent for the year. Managing Director Rob Scott said the result reflected the resilience of the Group’s businesses and the continued strong execution of its growth agenda. The increase in profit was supported by strong earnings contributions from the Group’s largest divisions, Bunnings Group, Kmart Group and WesCEF. “Our businesses focused on mitigating cost pressures through productivity initiatives and were able to deliver more value, better service and increased convenience for our retail and business customers. As households continued to experience cost of living pressures, our retail businesses dropped prices on thousands of products during the year to support household budgets. “Bunnings and Kmart Group’s everyday low prices continued to drive sales and earnings growth. Disciplined execution of strategies helped offset cost pressures and delivered operating leverage across both businesses. Bunnings’ solid trading performance reflected the strength and resilience of its offer and ability to deliver growth through a range of market conditions. Kmart Group’s higher earnings were supported by the strong value credentials of its Anko products and focus on operating efficiency and cost control. Retail growth was supported by range renewal and expansion, together with an acceleration of sales through digital channels. “While WesCEF’s earnings were affected by the timing of higher ammonia prices due to the Middle East conflict, the division benefited from positive operational performance and an improved contribution from its lithium business. Spodumene concentrate production of 209kt was above both guidance and nameplate capacity. Ramp-up of the refinery was affected by intermittent odour issues throughout the year and installation of mitigation measures commenced in late financial year 2026. “As prev