REA Group Ltd Annual Report 2021

Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 11 Annual Report 2021 | REA Group Ltd Our flagship site, Housing.com, made excellent inroads in the battle for market leadership. Site visits increased 92% YoY 18 and app usage was up a staggering 242% YoY. 19 REA’s journey in India is still in its infancy, however the progress this year points to an exciting future. Building on the success of our operations in Malaysia and Thailand, REA announced the transaction to combine our iProperty .com.my and ThinkofLiving.com businesses with PropertyGuru. As the digitisation of the property market continues to accelerate across Southeast Asia, PropertyGuru is perfectly placed to build on its leadership position and capture future growth opportunities. As PropertyGuru’s largest strategic investor, we look forward to being part of this journey and I am personally looking forward to joining the PropertyGuru Board later this year. Our FY21 results were made possible only due to the truly outstanding way our people have responded to the unique challenges encountered throughout 2021. Our people and culture give REA a competitive edge and we were thrilled to be recognised as Australia’s fourth best workplace by Great Place to Work in 2021. In a world where the competition for talent is as fierce as it’s ever been, the retention of our highly talented employees and attraction of new staff is paramount to ensure we are well placed to deliver on our ambitious growth agenda. During the year REA strengthened its Executive Leadership Team, welcoming Tamara Kayser as General Counsel & Company Secretary and Chris Venter as Chief Technology Officer. I would like to acknowledge my Executive Leadership Team for their invaluable support and expertise. They are true professionals. Finally, I would like to thank our people once again for their enormous contribution while often working under challenging conditions. Our people are what makes this company truly great. I would also like to thank REA’s Board of Directors for their ongoing counsel. 18 Similarweb, average site visits Jul 20 – Jun 21 vs. Jul 19 – Jun 20. 19 Internal data, Jun 21 vs. Jun 20. Owen Wilson Chief Executive Officer REA Group REA’s current momentum, coupled with our strategic investments and exciting product roadmap, provides an excellent platform for ongoing growth, as we continue to change the way the world experiences property. We have emerged from 2021 a stronger business, and REA’s future is very exciting.