Seek Limited · ASX:SEK
Seek — Shareholder Meeting (November 2023)
18 slides from Seek's shareholder meeting presentation, Nov 15, 2023
Slide 1: ASX cover letter: AGM CEO Presentation, Trading Update & FY24 Guidance
15 November 2023 The Manager ASX Market Announcements Office Australian Securities Exchange Dear Manager For personal use only SEEK Limited 2023 Annual General Meeting – CEO Presentation – Trading Update & FY24 Guidance In accordance with the Listing Rules, attached is the presentation to be deliver
Slide 2: SEEK Limited Annual General Meeting 2023
SEEK LIMITED Annual General Meeting 2023 To be read in conjunction with SEEK’s FY23 Results Presentation released on 15 August 2023 SEEK’s trading update and FY24 guidance is provided on page 16 seek and you shall find
Slide 3: SEEK's strategy
For personal use only SEEK’s strategy
Slide 4: Employment marketplace
For personal use only Employment marketplace Both sides of the market: Talent Have sophisticated preferences Employers Engage actively Have a need for trust 3
Slide 5: SEEK's addressable recruitment value pool is ~A$35bn
SEEK’s addressable recruitment value pool is ~A$35bn!' Estimated recruitment expense value pool in SEEK’s existing APAC footprint! (A$ bn, 2023) 2 5 34.6 25.0 oO S = A$742 bn © Cc Total annual je) wages of new n hires 2 11 jos — 15 [e) Total employer Internal employer Agency Recruitment Marketplaces
Slide 6: SEEK's strategic flywheel
SEEK’s strategic flywheel = Cc ie) QAIl organisations 2 and jobs © Cc je) i) — o a — (e) LL Efficient monetisation a a >~ Outcome: placements “—{——"" SEEK’S STRATEGIC FLYWHEEL All people and attention Best matching MARKETPLACE GOALS @ seek
Slide 7: For personal use only
6 For personal use only • • • • • • • • • • • •
Slide 8: A$2bn revenue opportunity and increased operating leverage by FY28
For personal use only N A$2bn revenue opportunity and increased operating leverage by FY28 ANZ volume | neutral to low single digit growth — ANZ yield | high single digit growth ——————“ Asia revenue | double digit growth Operating expenses | mid to high single digit growth A$2bn opportunity at >50%
Slide 9: FY23 performance
For personal use only FY23 performance
Slide 10: FY23 highlights
— TE FY23 highlights =) Revenue up 10%! and EBITDA up 7%! vs pep driven < .byyield je) © P Maintained market leading placement share and (Y) _ brand awareness =) — D Completed Platform Unification software development in FY23 and commenced progressive & roll-out across Asian markets in October 2023
Slide 11: FY23 financial results
FY23 financial results Continuing Operations = Cc S A$1,225m A$546m 2 Revenue EBITDA _ +10% vs pcp +7% vs pcp © Cc je) v & = A$255m A$203m LL Adjusted NPAT! Reported NPAT -1% vs pcp -16% vs pcp 47 cps Total FY23 dividend +7% vs pcp 1.99x Borrower Group net leverage? Reported net debt A$1,064m @ seek
Slide 12: For personal use only
11 For personal use only • • • • • • • •
Slide 13: Platform Unification
Platform Unification Unified platform provides the foundation for future growth and economies of scale 2 Project stat roject status 7 ? Hong Kong J ® fe @ a Online marketplace and CRM roll-out 2 Thailand yh Philippines commenced in October 2023 with 4 successful Go-Live in Philippines — L On track t
Slide 14: For personal use only
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Slide 15: ESG highlights
14 ESG highlights Priorities that deliver social and environmental value for our communities and our people re.) Human rights Screened hirers and job ads on SEEK’s platforms and commenced modern slavery audits of SEEK’s cleaning contractors a) Data and cyber Completed cybersecurity governance audit
Slide 16: Trading update
For personal use only Trading update
Slide 17: For personal use only
16 For personal use only • • • • • •
Slide 18: 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. Forward-l