Wesfarmers updates on special dividend and capital return details

Wesfarmers Limited has updated its announcement regarding a special dividend of AUD 0.40 per security, which is 100% franked at a corporate tax rate of 30%. This special dividend forms part of the 2025 capital management initiative, which includes a capital return component of AUD 1.10. Shareholders approved the capital return at the 2025 annual general meeting on October 30, 2025, with the special dividend payment contingent on this approval.

The record date for the dividend is November 6, 2025, with an ex-date of November 5, 2025, and a payment date of December 4, 2025. This payment date applies to all shares except unquoted shares under the Key Executive Equity Performance Plan (KEEPP), which will be paid upon vesting and quotation.

Eligible shareholders can participate in the Wesfarmers Dividend Investment Plan (DIP) for the special dividend component, but not for the capital return. The DIP offers no discount, and its allocation price will be based on the volume-weighted average price of shares from November 11 to November 19, 2025. Shareholder elections for DRP participation must be lodged by 7:00 PM on November 7, 2025.