Wesfarmers director Robert Scott adjusts shareholdings after performance review

Wesfarmers Limited director Robert Geoffrey Scott has reported changes to his indirect interest in the company's securities as of August 27, 2025. The update follows performance condition testing for various equity plans. Notably, 3,164 performance shares from the 2021 Key Executive Equity Performance Plan (KEEPP) were forfeited, leading to a decrease in his overall holdings.

Prior to the change, Mr. Scott indirectly held 109,593 shares under the 2019 KEEPP, of which 39,998 deferred shares were vested but restricted, and 69,595 performance shares were vested and unrestricted. Additionally, 19,073 deferred shares from the 2020 KEEPP were vested but restricted. After the change, his indirect interest in the 2019 KEEPP remains at 109,593 shares, with the 39,998 deferred shares no longer subject to restriction. For the 2020 KEEPP, 9,536 deferred shares are now unrestricted, while 9,537 remain restricted.

Further changes include 60,109 performance shares from the 2021 KEEPP vesting and becoming unrestricted, while 21,091 deferred shares from the same plan are vested and unrestricted, and an additional 42,182 deferred shares remain vested but restricted. His direct holding remains unchanged at 3,796 shares. The net effect of these changes results from the performance testing and subsequent forfeiture of shares, alongside the lifting of restrictions on certain vested deferred shares.