• Court decision on historical underpayments of salaried store team leaders
• Preliminary estimate of $180-$330 million post-tax liability
• Further $140-$200 million post-tax for interest, super and payroll tax

Woolworths Group has conducted a preliminary review of the Federal Court of Australia's decision, received on Friday 5 September 2025, relating to historical underpayments of award-covered salaried store team leaders. The judgment is lengthy and complex and does not determine all issues in the proceedings. A case management conference has been listed for 27 October 2025 to consider the further conduct of the proceedings with many issues still to be determined. No other substantive orders have been made. It is too early to consider any appeal of any aspects of the decision. This decision will require significant and widespread changes to accepted retail practice for Woolworths Group and Australian businesses, large and small. The Group has already undertaken an extensive remediation for its affected salaried store leaders, drawing on team member records and contractual arrangements, expert external guidance and industry standard approaches to construction of the award. On the basis of the preliminary review of the Court's reasons published on Friday, Woolworths Group estimates that the one-off additional impact of the Court's findings, in relation to its potential liability for further remediation to salaried store team leaders is expected to be in the range of $180 to $330 million post tax ($250 to $470 million pre tax). Once the final remediation obligation is determined, interest, superannuation and payroll tax could add another $140 to $200 million post tax ($200 to $280 million pre tax) to the net liability. Woolworths Group's estimate of further potential liability includes an assessment of the impact on all salaried store team members primarily relating to the Court's ruling on set-off provisions, minimum breaks and treatment of leave in relation to overtime.