REA : Annual Report 2022

Our Purpose

To change the way the world experiences property.

review in Year

Social Environmental, Governance and

Our Business

REA Group is a leading digital property-centric business. Data and technology are at the company's core, and power the delivery of the best products and services to our customers and consumers.

Our People

Our people are at the heart of REA and they are the key to our success. Our team of more than 3,100 people come to work every day embracing our values and driving our unique culture.

Annual Report 2022 | REA Group Ltd

Leaders Our

Report Directors'

Report Remuneration

Statements Financial

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The 2022 financial year (FY22) was an outstanding period for REA Group Ltd and its subsidiaries (the 'Group' or 'REA') with the delivery of exceptional financial results. The Group continued to invest heavily in the development of the core business while growing meaningful adjacent businesses and progressing the integration of key strategic investments. Globally, we continued to consolidate significant footprints in some of the world's most exciting property markets. Our focus on the delivery of superior customer value and unique consumer experiences continued in FY22, while we also focused on supporting our people and the communities in which we operate.

Clear strategy driving significant growth

REA's growth is underpinned by our clear strategy, which is centred around four core objectives: Australia's largest, most engaged consumer audience driving the most leads and the best leads to our customers; providing

our customers with superior value across property advertising, our agent marketplace and agency services; and becoming Australia's leading property data, valuations and insights provider. We focus on fulfilling these objectives while also building the next generation of property-related marketplaces.

People at the heart of REA's success

Our team of more than 3,100 talented people are at the heart of REA and they make our organisation truly great, with strategy and culture contributing equally to the growth and momentum of the business. Our strategy and purpose guide us, while our culture drives us to deliver strong results.

We have a common language about who we are, which is very important to us, and a unique workplace culture. Together, these attributes make REA one of Australia's Best WorkplacesTM. We have a strong focus on nurturing and evolving our culture to ensure we optimise the employee experience and therefore the contributions of our team.

Our people are connected by our purpose as we are changing the way the world experiences property. They aspire to deliver the most value for our customers and the best experiences for our consumers, while looking after each other and keeping community top of mind.