Rea Group Ltd · ASX:REA
Rea — Shareholder Meeting (November 2019)
38 slides from Rea's shareholder meeting presentation, Nov 19, 2019
Slide 1: REA Group 2019 Annual General Meeting
ASX Announcement 19 November 2019 REA Group 2019 Annual General Meeting Melbourne, Australia This meeting will be webcast at https://agmlive.link/agm/REA19/register Chairman Address Hamish McLennan, Chairman, Introduction Good afternoon. I’m Hamish McLennan, Chairman of REA Group Ltd, and on behalf
Slide 2: Chairman Address: full year highlights
Financial highlights from our core operations included revenue growth of 8% to $874.9 million 1, and EBITDA growth of 8% to $501.2 million 2. We also achieved a 6% increase in net profit to $295.5 million2. These results have been achieved in a market of significantly lower residential listings and
Slide 3: Global business and share price growth
realestate.com.au Home Loans branded brokers, we’re giving home buyers greater choice, convenience and confidence when it comes to finding and financing their home. Turning to our global business, we see great long-term opportunities throughout the regions in which we operate. Today REA Group has a
Slide 4: CEO Address
CEO Address Owen Wilson, Chief Executive Officer, Introduction Thank you Hamish. Good afternoon everyone. Can I also thank you for taking the time to join us today. This is my first AGM as CEO and I have to say what a privilege it’s been to lead REA Group since stepping into the role in January. I w
Slide 5: Q1 financial results
Q1 financial results Turning to the first quarter of FY20 and our results have shown remarkable resilience given we have been tested by unprecedented market conditions. Group financial highlights from core operations 11 for the three months ended 30 September 2019 include revenue of $202.3m 12 – a 9
Slide 6: Enhancing our consumer experience
Enhancing our consumer experience Looking at some of our consumer highlights for the year, we’ve made great progress in providing an easy, stress-free and highly relevant property experience. Our investment in personalisation continues to see strong engagement with our consumers. The number of logge
Slide 7: Delivering great leads and value
Delivering great leads and value Turning to our customers. Firstly, I’d like to thank our customers for their ongoing support. Our success depends on the success of our customers. At REA we are constantly striving to deliver the best products and solutions to deliver real value and great leads. This
Slide 8: Growing our Asia business
• We also launched a How to Home Loan content and video series, providing first home buyers with handy tips and insights to navigate the challenges faced when securing finance and buying a new home. Series 1 and 2 of the videos were viewed more than 6 million times across Facebook and YouTube 25. We
Slide 9: People, community and closing remarks
REA Group was recognised as one of Australia’s Top 50 Best Places to Work, ranking 6th in our category this year. We believe our people and culture is what sets us apart and this public recognition will provide an even stronger platform for us to standout in the talent market place. From a community
Slide 10: Annual General Meeting
Annual General Meeting REA Group Limited 19 November 2019 Changing the way the world experiences property
Slide 11: Hamish McLennan, Chairman
Hamish McLennan CHAIRMAN
Slide 12: Strong results in challenging market conditions
Strong results in challenging market conditions A year of continued growth $874.9m $501.2m $295.5m +8% — +8% -——— +6% —7 $50 $279.9 Fyi5 FY16 FY17 FY18 FY19 FYiS FY16 FY17 FY18 FY19 FY1S FY16 FY17 FY18 FY19 ® REA Group
Slide 13: Strong returns to shareholders
Our Performance Strong returns to shareholders 1 EARNINGS PER SHARE TOTAL DIVIDEND 224.3¢ 118.0¢ REAGroup 3
Slide 14: Continued innovation: Australia full year highlights
Continued innovation for customers and consumers Full year highlights Australia * Largest and most engaged audience of property seekers in Australia: * 76.8 million visits to realestate.com.au across all platforms each month! * 2.9x more monthly visits than our nearest competitor! * Delivery of exce
Slide 15: Continued innovation: global footprint highlights
Continued innovation for customers and consumers Full year highlights Global footprint *In Asia, 10% revenue growth to $48.6m. * Strengthened market leadership in Malaysia, Indonesia and Hong Kong! * Continued investment in customer and consumer product innovation. * Move, Inc. acquired Opcity — a l
Slide 16: Share Price Growth: Relative Share Price
Our Performance Share Price Growth: 500 Relative Share Price Nov 2015 Nov 2016 Nov 2017 Nov 2018 Nov 2019 — REA Group Limited —ASX 100 ® REAGroup 6 1 REA Group share pice forte period 1 Now. 205-15 Hor, 2019,
Slide 17: Owen Wilson, Chief Executive Officer
Owen Wilson CHIEF EXECUTIVE OFFICER
Slide 18: More than one million people visit realestate.com.au each day
More than one million people visit realestate.com.au each day au Total visits . [amy 76.8 million’ The largest and most engaged 2.9x more! a U d | e N C e Monthly searches 94 million’ Ol eutle Australia’s best property app Monthly app launches 29.4 million’ 21% growth’ Time on app (minutes) 4.7x mor
Slide 19: Delivering on our strategy
Delivering on our strategy Changing the way the world experiences property Deepest customer value driving leads & RO! A Individual, proactive & lifelong consumer interactions * Property * Finance * Services él Richest content, data & insights empowering decisions Our global network: AUSTRALIA @ repe
Slide 20: Q1 Financial Results
Our Performance Qt Financial Results REVENUE OPERATING EXPENSES. EBITDA’ 202.5m 874m 114.9m -9% -2% -14% -6% excl. deferral impact -9% excl. deferral impact ® REAGroup 1
Slide 21: Q1 Financial Results: Residential Listing Changes
Our Performance Qt Financial Results Residential Listing Changes’ Q4 18 Qi119 Q219 Q319 Q419 Q120 National Melbourne Sydney ® REAGroup su 1 Sauce RA eral aoe ee enh per end 0 2850521850 218 5 28, 50006 209430 Sep 208,
Slide 22: Commitment to responsible and sustainable business
Commitment to responsible and sustainable business Inaugural Sustainability Report * REA Group's Inaugural Sustainability Report launched: https://rea3 irmau.com/site/PDF/2355_1/SustainabilityReport * The report shares our current and future plans across Environment, Social and Governance (ESG). * L
Slide 23: Individual. Proactive. Lifelong.
Individual. Proactive. Lifelong. Enhancing our consumer experience Lifelong property partner Logged in users on realestate.com.au growing, 18% YoY." Consumers can now track multiple properties, more than 1.3 million properties tracked.” videos and image galleries added. Open for inspection app booki
Slide 24: Supporting Renters and Sharers
Individual. Proactive. Lifelong. Enhancing our consumer experience Supporting Renters and Sharers - Australia's #1 place for rent. Over 435,000 tenant verifications purchased .2 _ More than 3 million 1Form applications received. _ 457,000 new members welcomed to Flatmates.com.au community. 14
Slide 25: Strengthening our customer relationships
Strengthening our customer relationships Delivering great leads and Supporting Agents . Agent Ratings and Reviews — over 29,000 verified agent reviews published Lola Washington d Agent Reach, new end-to-end digital marketing solution, receiving strong uptake. Let's discuss your selling options. .. A
Slide 26: Richest content, data and insights
Richest content, data and insights Reaching people beyond listings Property finance Get your home loan advice from the property experts ~ $2.2 billion in digital home loan applications received. . Almost 12,000 unique visitors to our finance 2 content hub daily. ~~ Borrowing Power calculator launche
Slide 27: Growing our Asia business
Global Network Growing our Asia business = QiProperty.commy Cari hartanah MaleysiesuntURjdlijual LeanCare.} Gamuda Land and Maxis collaborate for Nation's First Maxis-delivered 5... «2 Improving our audience position Number one property site in Malaysia and Indonesia.” : Malaysia increased visits by
Slide 28: Our Global Investments
Global Network Our Global Investments What do you need in your home? $1,000,000 realtor.com eS PROPTIGER.COM fave ®HOUSINGcom makaon® Revenue increased 7% to US$484 million? More than 1.3 times total views per user? Acquired Opcity Inc., in October 2018 - a lead generation technology platform. Launc
Slide 29: A talented and values-driven workforce
A talented and values-driven workforce Our People Employee engagement Gender parity Overall employee Female representation on our Executive engagement in Australia Leadership Team Our community partners Since launching our Rapid Rehousing Fund, we have helped 3,619 individuals including 2,005 childr
Slide 30: Delivering on our strategy
Delivering on our strategy Changing the way the world experiences property Deepest customer value driving leads & RO! A Individual, proactive & lifelong consumer interactions * Property * Finance * Services él Richest content, data & insights empowering decisions Our global network: AUSTRALIA @ repe
Slide 31: Hamish McLennan, Chairman
Hamish McLennan CHAIRMAN
Slide 32: Proxy Votes: securities on issue
REA Group Limited AGM 2019 Proxy Votes Securities On Issue 131,714,699 Valid Securities Voted (For, Against, Open Usable, Abstain) 17,712,595 Valid Securities Voted (%) 89.37% ® REA Group 22
Slide 33: Adoption of the Remuneration Report
REA Group Limited AGM 2019 Proxy Votes Item 2 — Adoption of the Remuneration Report For Against Open usable Number of Proxy Votes 116,291,671 1,328,618 68,388 % of Proxy Vote 98.81% 1.13% 0.06% ® REAGroup 23
Slide 34: Election of Ms Tracey Fellows as a Director
REA Group Limited AGM 2019 Proxy Votes Item 3a — Election of Ms Tracey Fellows as a Director For Against Open usable Number of Proxy Votes 111,766,480 5,854,264 69,374 % of Proxy Vote 94.97% 4.97% 0.06% ® REAGroup 24
Slide 35: Re-election of Mr Richard Freudenstein
REA Group Limited AGM 2019 Proxy Votes Item 3b — Re-election of Mr Richard Freudenstein as a Director For Against Open usable Number of Proxy Votes 110,377,979 7,243,061 70,406 % of Proxy Vote 93./9% 6.15% 0.06% ® REAGroup 2s
Slide 36: Re-election of Mr Michael Miller
REA Group Limited AGM 2019 Proxy Votes Item 3c — Re-election of Mr Michael Miller as a Director For Against Open usable Number of Proxy Votes 111,815,313 5,806,671 70,217 % of Proxy Vote 95.01% 4.93% 0.06% ® REA Group 26
Slide 37: Grant of performance rights to CEO
REA Group Limited AGM 2019 Proxy Votes Item 4 — Grant of performance rights to Chief Executive Officer For Against Open usable Number of Proxy Votes 105,319,495 12,261,964 72,646 % of Proxy Vote 89.52% 10.42% 0.06% ® REAGroup =
Slide 38: Visit our investor site
Visit Our investor site at rea-group.com Disclaimer: This presentation contains non-specific background information about REA Group's current activities. This information is a summary only Investors and potential investors should obtain independent advice. This information is not intended to provide