Seek Limited · ASX:SEK

Seek — Shareholder Meeting (November 2014)

37 slides from Seek's shareholder meeting presentation, Nov 27, 2014

  1. Slide 1: SEEK Limited 2014 Annual General Meeting

    SEEK LIMITED 52014 Annual General seek

  2. Slide 2: Disclaimer

    Disclaimer The material in this presentation has been prepared by SEEK Limited ABN 46 080 075 314 ("SEEK") and is general background information about SEEK’s activities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In parti

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  4. Slide 4: SEEK's purpose and global reach

    SEEK’s purpose is to help people live more fulfilling and productive working lives and help organisations succeed SEEK Domestic SEEK International SEEK Education 30 MILLION : 325 MILLION : 55,000 Monthly Visits : i Monthly Visits i : Students helped to find i 5 ot : + courses (per annum) Leese eeeee

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  6. Slide 6: SEEK achieved a record full year result in FY14

    SEEK achieved a record full year result in FY14 FY14 Growth SEEK Group A$m vs pcp Revenue 756.4 22% EBITDA 308.5 29% EBITDA (%] 41% NPAT excl significant items (Post NCI] 179.7 27% Dividends per share (cents) 30.0 36% SEEK Domestic SEEK International SEEK Education « Solid financial results ¢ Strong

  7. Slide 7: Long-term strategic focus has led to strong track record of growth

    SEEK’s long-term strategic focus has led to a strong track record of growth... “Look-through” Revenue “Look-through” EBITDA FYO4 - FY14 CAGR of 34% $736.7m FYO4 - FY14 CAGR of 50% $303.4m $632.0m $570.5m $252.1m 5 $228.5m 488.6 $195.0m $384.8m $355.3m $135.0m $292.8m $118.3M $110.5m $206.1m $86.0m $

  8. Slide 8: Strong cash flows and dividends paid to shareholders

    ...which has translated into strong cash flows and dividends paid to shareholders Cash flows from Operating Activities! Dividends Paid to Shareholders? FYO4 - FY14 CAGR of 30% sar7m $241.3m| $88.4m $200.3m $64.1m $153.1m $53.3m $45.4m $116.2m $105.2M g10¢,0m $33.3m $77.1m $51.1m $29.2m $15.6m FY04 F

  9. Slide 9: Strong shareholder returns and well positioned for future growth

    SEEK has delivered strong shareholder returns and is well positioned for future growth Key Investment Highlights Strong track record of creating .. that has delivered strong ...& Well positioned for growth value ... shareholder returns... over the medium to long term * Total shareholder returns! of

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  11. Slide 11: SEEK Domestic delivered a solid result despite subdued conditions

    SEEK Domestic delivered a solid result despite subdued conditions SEEK Domestic Financials Key Insights A$m FY14 FY13 Revenue 241.2 234.9 EBITDA 143.9 141.6 EBITDA (%] 60% 60% Growth % 3% 2% Pleasing FY14 result in subdued operating conditions « As context, from FY13 to FY14 the average U/E rate inc

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  13. Slide 13: SEEK Domestic's core drivers of future earnings growth

    SEEK Domestic’s core drivers of future earnings growth H Structural migration of print to online SEEK to capture volume & revenue opportunities from the continued structural migration from print to online SEEK’s core drivers of earnings growth Improvement in the economic cycle Expect SEEK to be a st

  14. Slide 14: Market leadership positions SEEK as beneficiary of structural migration

    SEEK’s market leadership positions it as a strong beneficiary of continued structural migration Online is the clear leader in job ad volumes and Structural migration of revenue from print to online user preferences is a continuing trend Job Ad Jobseeker Share of 100 us Volume! Preferences” Spend° ~~

  15. Slide 15: SEEK New Job Index

    For personal use only SEEK New Job Index 15% Revenue 30% EBITDA 43% • • • • •

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  18. Slide 18: SEEK International

    — SEEK For personel Use only INTERNATIONAL

  19. Slide 19: SEEK International business footprint

    zha@ ea (68.3%) - ZPIN PEA ARS CJOL.com ons . 75.6% China jobs. {TARGEST JOB SITE IN BANGLADESH Bangladesh (25%) © occmundiat Mexico (56.4%) / SEEK Asia (75.6%) eB. BR JobStreet.com Hong Kong & South East Asia Mont mERICA MEDIA Kenya, Nigeria, South Africa (24.4%) © seek Australia & New Zealand (100

  20. Slide 20: SEEK International strong result and well positioned for growth

    SEEK International achieved a strong result and is well positioned for future growth “Look-through” Revenue (A$m) FY14 Highlights vw < $254.4m “ $219.5m 1% $173.9 $128.3m $73.8m $59.6m 14.2m $6.0m s FYO7 FYO8 FYO9 FY10 FY11 FY12 FY13 FY14 “Look-through” EBITDA (A$m) $9.2m ($3.2m) ($6.7m) ($8.5m) FY0

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  23. Slide 23: JobsDB achieved a solid result in a rebuilding period

    JobsDB achieved a solid result in a rebuilding period JobsDB Financials Key Insights HKDm Growth Operational Update Pro-Forma FY14 FY13 % * Solid growth in op. metrics: New customers Revenue (100%) 422.6 «407.9 4% ~=——« STEW 23% vs pcp [FY14 v FY13) EBITDA (100%) 154.2 139.6 10% °* Growing mobile au

  24. Slide 24: JobStreet achieved strong results across Revenue & EBITDA

    JobStreet achieved strong results across Revenue & EBITDA JobStreet Financials Key Insights MYRm Pro-Forma 9mthsto 9 mths to Mar-14 Mar-13 % Revenue (100%) 135.5 121.0 12% EBITDA (100%) 60.9 49.7 23% EBITDA (%] 45% 41% Strong results (9 mths to Mar-14) * Revenue growth of 12% & EBITDA growth of 23%

  25. Slide 25: Brasil Online delivered a strong result

    Brasil Online delivered a strong result and is well positioned to grow across jobseekers and hirers Brasil Online Financials Key Insights BRLm Growth Operational Update Pro-Forma FY14 FY13 % ¢ #10n Brand: 90%+ total brand awareness Revenue (100%) 249.6 229.5 7% ¢ Market leader across jobseekers & EB

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  30. Slide 30: Outstanding result by SEEK Learning

    Outstanding result by SEEK Learning SEEK Learning Financials Key Insights A$m Growth Operational Update FY14 FY13 % ¢ 10th year in operation: >200k enrolments Revenue 87.7 61.3 43% since inception EBITDA 46.7 24.8 88% * Continued operational effectiveness: EBITDA (%] 53% L1% Particularly across sale

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  35. Slide 35: Near Term Business Priorities

    Near Term Business Priorities 35 . Integrate JobStreet and JobsDB with a focus on delivering more value to jobseekers and employers across South East Asia Re-invest in evolving and developing new products and technology to support the placement strategy Aggressive promotion of SEEK’s talent search p

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SEEK — Shareholder Meeting (November 2014) on 6ix