REA Group (REA) investor relations material

Opening remarks and agenda

• Chair opened the meeting after confirming a quorum; voting was by poll, with advance, proxy and online voting available.

• Agenda covered the Chairman’s and CEO’s addresses, FY26 strategy and performance, formal shareholder business and Q&A.

• FY26 annual financial, sustainability, directors’ and auditor’s reports were tabled.

Financial performance review

• FY26 core revenue rose 7% to AUD 1,793m, EBITDA rose 12% to AUD 1,088m and NPAT rose 15% to AUD 650m.

• Reported FY26 NPAT was AUD 552m, down 19%; operating EBITDA margin was 61%.

• EPS was AUD 4.93, up 20%; excluding India, revenue was AUD 1,730m (+12%) and EBITDA AUD 1,121m (+12%).

• A AUD 200m on-market buy-back concluded, with more than 1.25m shares purchased; operational efficiency and disciplined cost and capital management were highlighted.

• Ten-year CAGR was 11% for revenue and 12% for EBITDA; FY26 included double-digit yield growth.

Board and executive committee updates

• Kelly Bayer Rosmarin will retire after nearly five years; Sally Bruce joins the board in November with financial-services experience.

• Cameron McIntyre led his first FY as CEO; Andrew Cramer became CFO in February, Katrina Konstas joined as Chief Commercial and Marketing Officer, and Jonathan Swift as Chief Product Officer.

• Nick Dowling stood for re-election to a fourth term, citing real-estate and banking expertise, strategy contributions and five years chairing the Human Resources Committee.

• The board cited succession planning across three organizational tiers and a strong internal talent pool; McIntyre said no former CAR Group colleagues had joined.