Rea Group Ltd · ASX:REA
Rea — Shareholder Meeting (November 2018)
36 slides from Rea's shareholder meeting presentation, Nov 21, 2018
Slide 1: REA Group 2018 Annual General Meeting
ASX Announcement 21 November 2018 REA Group 2018 Annual General Meeting Melbourne, Australia For personal use only Chairman, CEO & CFO Addresses Good afternoon. I’m Hamish McLennan, Chairman of REA Group Ltd, and on behalf of the Board I’m delighted to welcome you to our 2018 Annual General Meeting.
Slide 2: Chairman address: FY18 results and market lead
We also achieved a 23% increase in net profit from core operations,2 finishing the year off at $279.9 million. These results have been achieved in a market of significantly lower new development project commencements, a moderate decline in residential listings in Australia, and continued challenges
Slide 3: Chairman address: acquisitions, Asia and CEO transition
We acquired Hometrack Australia this year, a leading provider of property data services. This acquisition will allow us to provide richer data and insights to our customers and consumers. And finally, Asia remains a key focus for our global strategy, and we continue to be extremely pleased with how
Slide 4: CEO address: audience leadership
innovate, and they recruit the best industry talent to support our business growth. Finally, in closing, I would like to thank our customers, consumers, shareholders and staff who continue to support us. For personal use only I will now hand over to your Chief Executive Officer, Tracey Fellows, to a
Slide 5: CEO address: Q1 FY19 performance and products
And then there’s our global footprint, which includes Asia as well as investments in India and the United States. The success of this strategy was evident in our Q1-2019 financial performance – the results we posted just a few weeks ago. For personal use only It's been a strong start to the year for
Slide 6: CEO address: adjacencies and Hometrack
More than 20 million visits since our launch,20 a significant growth in audience of 28%.21 Our video experience has seen a 200% increase in views.22 Also this year we moved into adjacencies. We made the acquisition of the data services business, Hometrack Australia, in June of last year. This will a
Slide 7: CFO address: Financial Services and Asia
This has been a good result in light of challenging conditions. We have seen a reduction in the volume of new loans written as a result of tighter lending practices from the Royal Commission. Before I hand back to Tracey, I wanted to take a second to celebrate this incredible highlight for the busin
Slide 8: India and people and community
We had strong revenue over the year with an increase of 48%, and combined traffic to all three platforms increasing by over 40%.30 Housing.com launched a new broker product which activated more than 3,000 paid brokers in less than 12 months since their launch.31 For personal use only We're very plea
Slide 9: REA Group Limited Annual General Meeting
REA Group Limited Annual General Meeting Melbourne, November 2018 “Change the way the world experiences property” @® REA Group
Slide 10: Hamish McLennan, Chairman
For personal use only Hamish McLennan CHAIRMAN
Slide 11: Strong growth on all financial metrics
Strong growth on all financial metrics Revenue! EBITDA? Net profit S$807.7m S$463.7m $279.9m +20% — +22% 7 +23% | be ) ia) a te} x ai a mE? So ) © (ca) Mm men Svea a N +<foq? RES 4 oe roy on al x we n FY14 FYI5 FY16 FY17 FY18 FY14 FY1S FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 Q@Reacroup ic"
Slide 12: Strong returns to shareholders
Strong returns to shareholders Earnings per share* Total dividend per share* 212.5C 109.0¢ @ rea croup
Slide 13: Full year highlights
Full year highlights The largest! and most engaged? audience of property seekers in Australia - 2.8x more monthly visits than our nearest competitor? An unprecedented number of product launches delivering exceptional value for our customers and consumers. Launched realestate.com.au Home Loans. Acqui
Slide 14: Global network
Global network realestate.com.au Pi Re valtorconr ® PR roriicencom @z8 realtoreom ® realcommercial.comau HOUSING cow QiProperty.commy Feds ates mokoar® Q iProperty.comsg GoHome.com.hk @spacely 9 9 squarefoot.com.hk realestate.comau Home Loans. 9 SMARTExpo @smartiine athoade Q thinkoftiving.com homet
Slide 15: Share price performance
Share price performance 400.00 350.00 300.00 250.00 200.00 Relative Share Price Nov 2013 Nov 2014 Nov 2015 Nov 2016 Nov 2017 Nov 2018 —REA Group Limited —ASX 100 @ rea croup
Slide 16: Tracey Fellows, Chief Executive Officer
For personal use only Tracey Fellows CHIEF EXECUTIVE OFFICER
Slide 17: The #1 place for property
The #1 place for property Outperforming the competition — the largest’ and most engaged’ audience on all devices ra i © wy Total visits App launches Time on app App downloads 724m 23.9m 25% growth 1.2m Average monthly trafficto Average monthly launches of ‘Average monthly total Downloads of realesta
Slide 18: Delivering on our strategy
Delivering on our strategy @ rea croup 10 the way the world experiences property Property Advertising CO The online advertising of property remains at the centre of our business Lifestyle & Financial Services az & Connecting with people Extending our expertise into throughout their entire large and
Slide 19: Q1 results
Qt results Revenue! $221.9m % change EBITDA? 130.9m % change Free cash flow $52.1m 2018 $34.2m % change 52% @ rea croup
Slide 20: Agent Edge, Rent and Developer products
Agent Edge (3) A suite of products that allow individual agents to increase their presence on realestate.com.au and connect with Australia’s largest networks of sellers. > Agent Match: 5,300 qualified leads since launcht > Agent Elevate: 32% increase in views to an Elevated profile” Rent rent Improv
Slide 21: Lifestyle and Hometrack Australia
pared to =i Lifestyle Lifestyle video and editorial content experience for consumers: > more than 20 million visits since our launcht > significant growth in audience of 28%? > our video experience has seen a 200% increase in views? Hometrack Australia hometrack 4 property data business that will al
Slide 22: Owen Wilson, Chief Financial Officer
For personal use only Owen Wilson CHIEF FINANCIAL OFFICER
Slide 23: realestate.com.au Home Loans
realestate.com.au Home Loans realestate.comau An end-to-end property search and finance Home Loans experience giving people greater choice, convenience and confidence when finding and financing their home. > More than 350,000 financial profiles saved" > Over 15.4 million calculator engagements? Mort
Slide 24: For personal use only
For personal use only
Slide 25: Tracey Fellows, Chief Executive Officer
For personal use only Tracey Fellows CHIEF EXECUTIVE OFFICER
Slide 26: Global - Asia
Global - Asia We have the best product in market for customers and consumers New apps in Malaysia, Hong Kong, Indonesia and Singapore. New regional websites in Malaysia, Hong Kong, Indonesia and Singapore. Remain #1 property portal in Malaysia and Indonesia. 1.6x more visits in Malaysia than the #2
Slide 27: North America
North America Strategic investment in world’s largest property market Revenue increased 15% to USD$452m1 Leading in consumer engagement - 1.7x more page views? and 1.2x more time per visit? than its nearest competitor. Launched a faster search experience, increasing visits and leads for customers Ex
Slide 28: Global - India
Global - India Strategic investment in the world’s fastest growing property market + Revenue increased 48% in FY18. * Combined traffic to all three platforms increased 43%! + Housing.com launched a real estate broker product, activating more than 3,000 paid brokers in less than 12 months since launc
Slide 29: Our people and community
Our people and community Employee engagement 88% Overall employee engagement in Australia Community Cafe S70k Donated to charities by our employees Community partnerships Laune! Since partnership began we have supported 1,314 children. @ rea croup a 3 OrangeSky Orange Sky Australia, focused on Orang
Slide 30: Hamish McLennan, Chairman
For personal use only Hamish McLennan CHAIRMAN
Slide 31: AGM 2018 Proxy votes
REA Group Limited AGM 2018 — Proxy votes Securities On Issue 131,714,699 Valid Securities Voted (For, Against, Open Usable, Open Conditional) 114,670,515 Valid Securities Voted (%) 87.06% @ rea croup
Slide 32: Adoption of the Remuneration Report
REA Group Limited AGM 2018 — Proxy votes Item 2 — Adoption of the Remuneration Report For Against Open usable Number of Proxy Votes 114,133,516 399,932 121,025 % of Proxy Vote 99.55% 0.35% 0.11% @ rea croup 2a
Slide 33: Election of Mr Nick Dowling
REA Group Limited AGM 2018 — Proxy votes Item 3a — Election of Mr Nick Dowling as a Director For Against Open usable Number of Proxy Votes 107,558,476 6,987,373 123,211 % of Proxy Vote 93.80% 6.09% 0.11% @ rea croup
Slide 34: Re-election of Ms Kathleen Conlon
REA Group Limited AGM 2018 — Proxy votes Item 3b — Re-election of Ms Kathleen Conlon as a Director For Against Open usable Number of Proxy Votes 110,663,886 3,882,501 124,128 % of Proxy Vote 96.51% 3.39% 0.11% @ rea croup
Slide 35: Re-election of Mr Hamish McLennan
REA Group Limited AGM 2018 — Proxy votes Item 3c — Re-election of Mr Hamish McLennan as a Director For Against Open usable Number of Proxy Votes 105,073,426 9,473,443 123,394 % of Proxy Vote 91.63% 8.26% 0.11% @ rea croup
Slide 36: Visit our investor site
Visit Our investor site at rea-group.com Disclaimer: The material herein is a presentation of non-specific background information about the Company's current activities. Its information given in summary form and does no! t to be complete. Investors or potential investors should seek their own indepe