Seek Limited · ASX:SEK

Seek — Shareholder Meeting (November 2015)

35 slides from Seek's shareholder meeting presentation, Nov 26, 2015

  1. Slide 1: SEEK Limited 2015 Annual General Meeting

    Ea ‘= ©) SEEK LIMITED 2015 Annual General November 2015

  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

  3. Slide 3: For personal use only

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  4. Slide 4: SEEK is having a global impact improving people's lives

    SEEK is having a global impact improving people’s lives across employment & education Our Purpose: To help people live more fulfilling and productive working lives and help organisations succeed SEEK Domestic Employment SEEK International SEEK Education 35+ MILLION 2 : 340+ MILLION : 99,000+ Monthly

  5. Slide 5: FY15 Key Business Accomplishments

    FY15 Key Business Accomplishments integration of JobsDB and JobStreet * Delivered strong outcomes from complex integration Zhaopin is now the market leader in China * Market leader based on number of jobseekers & number of unique hirers Successful launch of Premium Talent Search (“PTS”) * Sales are

  6. Slide 6: SEEK achieved record full year results in FY15

    SEEK achieved record full year results in FY15... FY15 Growth SEEK Group (Continuing Operations) A$m_ vs pcp Revenuel"!2) 858.4 20% EBITDA?! 348.9 15% EBITDA (%) 41% NPAT excl significant items (Post NCIJ® 189.8 6% Dividends per share (cents) 36.0 20% SEEK Domestic SEEK International SEEK Education

  7. Slide 7: Continuation of SEEK's track record of growth

    ... Which is a continuation of SEEK’s track record of growth over a sustained period... “Look-through” Revenue $285.6m “Look-through” EBITDA FY04 - FY15 CAGR of 33% FY04 - FY15 CAGR of 46% $333.7m $304.1 $736.7m m $275.5m $72.9m $632.0m $252.1m $79.2m $570.5m $240.8m_ $228.5m $46.2m $177.6m $195.0m

  8. Slide 8: Strong growth in cash flows and dividends

    ... and has led to strong growth in cash flows and dividends paid to shareholders. Cash flows from Operating Activities! Dividends paid to shareholders FY05 to FY15 CAGR of +30% $314.7m $241.3m $200.3m $153.1m $105.2m $116.2m $104.0m: $77.7m $51.1m $29.2m T T T T FyYO5 FY06 FYO7 FYO8 FYO9 FY10 FY11

  9. Slide 9: SEEK is uniquely positioned to capture large market opportunities

    SEEK is uniquely positioned to capture large market opportunities }.Large and exciting opportunities across human capital management industry * Human capital management just in Australia estimated to be cA$7b industry * Very few global businesses are as well positioned as SEEK 2.SEEK is very well po

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  11. Slide 11: Strong shareholder returns via complementary growth strategies

    SEEK has delivered strong shareholder returns via a combination of complementary growth strategies Since IPO, SEEK has delivered TSR’ of c648% vs ASX 200 of c109% Incubating Businesses Running Businesses Acquiring Businesses ?” SEEK Learning & Swinburne, = SEEK Employment “°° High ROL & strong cash

  12. Slide 12: SEEK Domestic

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  13. Slide 13: Record revenue result despite highest unemployment rate

    Record Revenue result despite highest U/E rate since SEEK’s Key Insights Ince ptio n SEEK Domestic Financials (100% owned) A$m Growth FY15 FY14 % Revenue 273.2 240.3 14% EBITDA (%) 154.2 145.7 6% EBITDA (%] 56% 61% Reaping benefits of re-investment Historical Revenue v AU U/E Rate! 5.2% 5.0% 4.5% 4.

  14. Slide 14: For personal use only

    For personal use only 36% 32% 5% 3% 2% Professional Online classifieds Aggregators SEEK Offline (incl word networks (incl Gumtree) (incl. Indeed) of mouth) (LinkedIn) • • • • . 14

  15. Slide 15: SEEK Domestic's core drivers of future earnings growth

    SEEK Domestic’s core drivers of future earnings growth Structural migration of print to online : SEEK to capture volume & revenue opportunities : from continued migration from print to online : : Online share of spend now c78% (Mar-15 est.] : A however still below the US which is tracking at 90%+ :

  16. Slide 16: For personal use only

    For personal use only • • • Jul-12 Jul-15 CAGR (%) • Visits (m) 19.2 35.0+1 22% Mobile Visits (m) 6.5 20.82 47% • • Mobile Apps (m) 0.6 5.8 113% • CV profiles (m) 1.4 6.1 63% • Cloud based - 100k n/m Advertiser Centre (clients) • • 16

  17. Slide 17: SEEK International

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  18. Slide 18: International footprint and ownership

    For personal use only India (46.2%) China (63.2%)1 Mexico (98.2%) Hong Kong, Malaysia, Singapore, Thailand, Indonesia, Philippines & Vietnam (80.8%) Brazil (51%) Kenya, Nigeria, South Australia & New Africa & others (30%)3 Bangladesh (25%) Zealand (100%)

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  20. Slide 20: Zhaopin (China) achieving strong growth

    Zhaopin (China) achieving strong growth across key operational and financial metrics Zhaopin Financials’ Key Insights RMBm Growth Pro-Forma FY15 FY14 % Online Revenue (100%) 1,069.4 833.9 28% Total Revenue (100%) 1,294.6 1,035.9 25% EBITDA (100%) 345.2 295.4 17% EBITDA (%] 27% 29% Strong FY15 result

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  23. Slide 23: OCC (Mexico) delivered strong underlying results

    OCC (Mexico) delivered strong underlying results across employment & education OCC Financials Key Insights MXNm Pro-Forma FY15 FY14 Underlying Revenue" (100%) 291.4 233.3 Underlying EBITDA" (100%) 92.8 82.9 EBITDA [%] 32% 36% Strong FY15 result Growth % 25% 12% *) Employment Rev growth of 17% & EBIT

  24. Slide 24: Bdjobs (Bangladesh) re-investing in a high growth market

    Bdjobs (Bangladesh) is re-investing to build a large marketplace in a high growth market Bdjobs Financials’ Key Insights BDTm Growth Qperational Update Pro-Forma FY15 FY14 % * Clear market leader on all key metrics Revenue (100%) 164.4 137.8 19% . EBITDA (100%! 84.9 73.7 15% ° Re-investment has cont

  25. Slide 25: SEEK Education

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  26. Slide 26: SEEK Education solid revenue but EBITDA declined

    SEEK Education achieved a solid revenue result but EBITDA declined due to challenges in SEEK Learning “Look-through” Revenue!’ (A$m) FY15 Highlights Pa $275.5m - Overall result was below expectations Cg iB * Ona “Look-through”' basis: Daa, sarah * Rev growth of 14% & EBITDA decline a srcean stan of

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  30. Slide 30: SEEK Early Stage

    an Pp) USE EK | BEARLY STAGE

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