REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd Directors’ qualifications, experience and special responsibilities The names of Directors and details of their qualifications, experience and special responsibilities can be found on pages 28 and 29. Details of the number of Board and Board Committee meetings held during the year and Directors’ attendance at those meetings are shown on page 30. Details of directorships of other listed companies held by each current Director in the three years before the end of the 2021 financial year are listed on pages 28 and 29. Directors’ shareholdings in the Company The relevant interests of each director in shares of the Company as at the date of this report are disclosed in the Remuneration Report. Company Secretary’s qualifications and experience Tamara Kayser joined REA as General Counsel and Company Secretary in November 2020. Ms Kayser (LLM, LLB (Hons), BCom) is a corporate lawyer with over 20 years of legal and governance experience. Prior to joining REA, Ms Kayser held the position of Group General Counsel at Incitec Pivot Limited. Prior to this, she practised as a lawyer at King & Wood Mallesons in Australia and Linklaters in London. Erin Thorne held the position of Acting Company Secretary from May 2020 to November 2020. Ms Thorne has extensive governance and finance expertise gained at senior levels across corporate and government. Ms Thorne holds a Bachelor of Business (Accounting), Graduate Diploma in Chartered Accounting and Graduate Diploma of Applied Corporate Governance. She is a member of the Institute of Chartered Accountants Australia & New Zealand, the Governance Institute of Australia and a Graduate of the Australian Institute of Company Directors. Indemnification and insurance of directors and officers The Company has entered a standard form deed of indemnity, insurance and access with the non-executive Directors against liabilities they may incur in the performance of their duties as Directors of REA Group Ltd, except liabilities to REA Group Ltd or a related body corporate, liability for a pecuniary penalty or compensation order under the Corporations Act 2001 , and liabilities arising from conduct involving a lack of good faith. REA Group Ltd is obliged to maintain an insurance policy in favour of non-executive Directors for liabilities they incur as Directors of REA Group Ltd and to grant them a right of access to certain company records. In addition, each Director is indemnified, as authorised by the Constitution, on a full indemnity basis and to the full extent permitted by law, for all losses or liabilities incurred by the Director as a Director of a member of the Group. The indemnity operates only to the extent that the loss or liability is not covered by insurance. During or since the end of the financial year, the Company has paid premiums insuring the Directors and Officers of the Company, its controlled entities and associates, against liability incurred in that capacity to the extent allowed by the Corporations Act 2001 . The terms of the policies prohibit disclosure of the details of the liability and the premium paid. During the year the Group has been covered under the Directors & Officers (“D&O”) insurance policy for the News Corp Group of companies. Indemnification of auditors The Group has agreed to indemnify its auditors, Ernst & Young Australia, to the extent permitted by law, as part of the terms of its audit engagement agreement against claims by third parties arising from the audit (for an unspecified amount). No payment has been made to indemnify Ernst & Young during or since the end of the financial year. Auditor and non-audit services Ernst & Young continues in office in accordance with section 327 of the Corporations Act 2001 . The Company may decide to employ the external auditor on assignments additional to its statutory audit duties where the auditor’s expertise and experience with the Company and/or the Group are important. Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 41