REA : Annual Report to shareholders

Acknowledgement of country

Since 1995, REA Group has operated on the Traditional lands of the Wurundjeri Woi-wurrung peoples who have cared for and protected it since time immemorial.

As the business has grown and established offices around Australia, we're grateful for the custodianship of the Traditional Owners of Country across all our lands; and recognise their continuing connection to lands, waters and communities.

We pay our respect to Aboriginal and Torres Strait Islander cultures; to Elders past and present; and acknowledge that sovereignty was never ceded.

Sources: Unless otherwise specified, all metrics included from page 2 - 31 are REA Internal Data for the financial year (Jul 22 - Jun 23)

YEAR IN REVIEW

ENVIRONMENTAL, SOCIAL AND GOVERNANCE

OUR LEADERS

DIRECTORS' REPORT

REMUNERATION REPORT

FINANCIAL STATEMENTS

REA Group Ltd and its subsidiaries (the 'Group' or 'REA') delivered a resilient performance in the 2023 financial year (FY23) amid challenging market conditions. The Group maintained a strong focus on its strategic priorities as we extended our core business, integrated strategic investments, invested in our product pipeline, and pursued opportunities to support future growth. We continued our unwavering focus on delivering exceptional personalised consumer experiences and superior value

for our customers. From a global perspective, we invested in growth to further consolidate our leadership position in some of the world's fastest growing property markets.

Clear purpose and focus on strategic priorities

REA is guided by its clear purpose "changing the way the world experiences property". The Group's strategy is centred around four core objectives:

• delivering Australia's largest and most engaged audience to drive the highest quality and quantity of leads to customers;
• providing superior value to customers through Australia's leading property advertising solutions, agent marketplace and agency services;
• leveraging unparalleled data and insights to deliver unique solutions, products and experiences;
• building the next generation of property-related marketplaces.

People at the heart of REA's success

REA's 3,300 people are at the centre of our organisation's success, and their values-led approach truly makes REA a great place to work. Our values are at the core of how we operate and how we treat each other. While our strategy and purpose guide us, our culture drives us to innovate, work as a team, keep accountable and try new things, all while supporting each other and our community.

Our values

People are the heart of REA. Every connection with each other and with our customers, consumers and our community matters. We care and we're not afraid to show it.

We're thirsty for knowledge - and generous with it too. Everyone here has something to teach, to inspire in others and learn. Likewise, we give and take feedback with an open heart and an open mind. Our curiosity is endless, and every day we seek out opportunities to grow ourselves and others. We don't do comfort zones.

We're committed to achieving our goals no matter what challenges come our way. If there's a hurdle, we jump it; if there's a way through, we'll find it! We always seek to do the right thing, and if things don't quite go to plan, we own it. We review what happened, learn from it and move on, smarter and better than before.

We're not afraid to try new things or fail fast. We love experimenting. Innovating. Working away at a great idea that will wow our consumers and customers. We're all about challenging the status quo and taking risks. And at times, while it may feel uncomfortable, we know this is where the magic happens.

OUR LEADERS

DIRECTORS'

REPORT

India

REMUNERATION

REPORT

International

FINANCIAL

STATEMENTS