Annual Report to shareholders 2024

Annual Report 2024 Changing the way the world experiences property

Overview 2 About us 4 Financial highlights 6 FY24 highlights 8 Chairman's message 10 CEO's message 14 Our people and culture 18 Full year results and operations review 20 Australian highlights 30 Global highlights 32 Environmental, Social and Governance Governance 38 Executive Leadership Team 40 Board of Directors Financial Report 42 Directors' Report 51 Auditor's Independence Declaration 52 Remuneration Report 68 Consolidated Income Statement 69 Consolidated Statement of Comprehensive Income 70 Consolidated Statement of Financial Position 72 Consolidated Statement of Changes in Equity 73 Consolidated Statement of Cash Flows 74 Notes to the Consolidated Financial Statements 130 Consolidated Entity Disclosure Statement 131 Directors' Declaration 132 Independent Auditor's Report Additional Information 137 Historical results 138 Shareholder information 140 Corporate information Sources: Unless otherwise specified, all metrics included from page 2 - 37 are REA Internal Data for the financial year (Jul 23 - Jun 24) About us Contents

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 and to Elders past and present. Annual Report 2024 | REA Group Ltd 1 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS

REA Group Ltd | Annual Report 2024 2 REA Group Ltd and its subsidiaries (the 'Group' or 'REA') delivered an exceptional performance in the 2024 financial year (FY24). Our strong commitment to executing our strategy and continued investment enabled us to extend our core business, expand on our strategic investments and explore new growth opportunities. Our focus on delivering superior value to our customers has been supported by the deep engagement of our audience. Globally, we maintained our leadership position in some of the world's most exciting and fastest growing property markets. High-performance culture with people at our heart Our 3,400 people are the beating heart of our business, and their passion and commitment is central to REA's success. The Group's strategy and purpose guide us, while our culture drives us to collaborate, innovate, remain accountable and challenge the status quo, all while supporting each other and the communities in which we operate. About us Changing the way the world experiences property Clear purpose and focus on strategic priorities REA is guided by our 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 by offering 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 Building the next generation marketplaces Largest audiences, most engaged consumers Superior customer value Unparalleled data insights Building the next generation marketplaces

3 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Our values Everything we achieve, we achieve as one team. No egos. No heroes. It's our collective genius that gives us our edge and a willingness to stand by any decision that's made for the greater good of REA. People are the heart of REA. Every connection with each other and with our customers, our consumers and our community matters. We care and we're not afraid to show it. We don't expect anyone to fit a certain mould - we accept everyone for who they are, quirks and all. We're a downto-earth bunch who listen, are open with each other, and tell it like it is, respectfully. We're not afraid to have a laugh. We take our work seriously, but never ourselves. 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 global network India Australia International

REA Group Ltd | Annual Report 2024 4 REA Group delivered an exceptional FY24 financial performance. $1,453m Revenue1 +23% 0 300 600 900 1200 1500 2024 2023 2022 2021 2020 $825m EBITDA1 +27% 0 100 200 300 400 500 600 700 800 900 2024 2023 2022 2021 2020 Year in review Financial highlights 1 Core operations are defined as the reported results adjusted for significant non-recurring items such as integration costs, impairment expense, net loss on acquisition and divestment related activities, gain or loss on revaluation of financial assets and share of non-core costs in associates. The prior year comparative also excludes restructuring costs. EBITDA relates to Earnings before Interest, Tax, Depreciation and Amortisation excluding contribution from associates. Refer to Full year results and operations review section of the Annual report for a reconciliation of results from core operations and non-IFRS (International Financial Reporting Standards) measures compared with the reported results in the financial statements.

5 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd $1.89 Dividend per share +20% 0 0.5 1.0 1.5 2.0 2024 2023 2022 2021 2020 $3.49 Earnings per share3 +24% 0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 2024 2023 2022 2021 2020 $461m Net profit after tax1, 2 +24% 0 100 200 300 400 500 2024 2023 2022 2021 2020 Further detail regarding business operations and financial results can be found on pages 42 to 50 of this report. 2 Net profit attributable to owners of parent. 3 Basic earnings per share attributable to the ordinary equity holders of the company.

6 REA Group Ltd | Annual Report 2024 4 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/ smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate. com.au, Audience (000's). Year in review FY24 highlights 10.8 million people visited realestate.com.au on average each month4 88% Employee engagement score, an increase of 1% from FY23 and our equal-highest score $400,000 donated to community partners through Ready24, REA Group's largest ever property industry event +37%YoY increase in seller leads delivered to our customers

7 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd 1 in 3 properties were tracked by their owner on realestate.com.au 127.2 million visits to realestate.com.au on average each month5 $1.2 billion in loans were settled through Mortgage Choice's Freedom product, in partnership with Athena Home Loans #1 REA India remains the number one property portal in India, with 19.5 million average monthly visits to flagship site Housing.com6 REA Group was certified carbon neutral through Carbon Active for the fourth consecutive year as we target net-zero emissions by 2050 Great Place to Work named REA Group and REA India in its Best Workplaces lists 5 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Monthly visits. 6 Similarweb, average site visits Jul 23 - Jun 24 vs. nearest competitor - excludes app. We launched our Reflect Reconciliation Action Plan following its endorsement by Reconciliation Australia Acquired remaining interest in CampaignAgent and Realtair

As we celebrate 25 years of REA Group as a listed company, the strength of our FY24 performance and continued growth is a testament to the consistent execution of our clear strategy. Hamish McLennan Chairman The Group's financial highlights from core operations7 for the full year included revenue growth of 23% to $1.453 billion, a 27% increase in EBITDA excluding associates to $825 million, and $461 million in net profit after tax, an increase of 24%. The Board has determined to pay a final dividend of 102 cents per share fully franked. Together with the interim dividend, the total dividend for the 2024 financial year is $1.89 per share. This represents a 20% YoY increase in the Group's dividend per share, reflecting our strong performance and our confidence in continued growth. The Group's financial results are a testament to our dedicated people. Under the guidance of the Group's CEO, Owen Wilson, and his Executive Leadership Team, the REA team continued to innovate and expertly execute our long-standing strategy while maximising performance in favourable market conditions. On behalf of our Board of Directors, I would like to thank each of our 3,400 employees for their dedication, hard work and commitment to serving our customers and consumers. This year we recognised 25 years since REA first listed on the ASX, and over the last quarter of a century our business has proved incredibly resilient. An investment of just $1,000 in REA in 1999 would now be worth more than $550,000 and our team has consistently delivered growth over the journey. Our focus on clear and consistent strategic priorities underpins the future growth of REA, both in Australia and globally. To deliver on our purpose of changing the way the world experiences property, our strategy centres on engaging the largest consumer audience and delivering superior value to our customers, while leveraging unique data and insights, expanding our core business and building nextgeneration marketplaces. The Australian property market strengthened throughout FY24. With the return of seller confidence and healthy buyer demand, we saw significant YoY growth in national listings. Compared to the prior year, Residential revenues were up 24%, Commercial and Developer revenues increased by 12%, Media, Data and Other revenues rose by 25% and Financial Services operating revenues saw an 8% increase. 8 REA Group Ltd | Annual Report 2024 7 Reported results adjusted for significant non-recurring items such as integration costs, impairment expense, net loss on acquisition and divestment related activities, gain or loss on revaluation of financial assets and share of non-core costs in associates. The prior year comparative also excludes restructuring costs. Year in review Chairman's message

REA Group ended FY24 with a robust cash balance of $204 million and generated operating cash flows of $589 million. This strong operating cash flow facilitated continued investment and debt repayment, while delivering healthy shareholder returns. In addition to our pleasing financial performance, we acquired two innovative Australian digital businesses, which will further enhance the value we offer to customers. In July 2023 we acquired the remaining stake in CampaignAgent, a property vendor funding solutions business, after initially taking a minor shareholding in 2021. In June 2024 we acquired the remaining interest in end-to-end property sales platform Realtair, after first investing in the business in 2020. These acquisitions demonstrate our commitment to providing our customers with the best digital tools throughout the property transaction journey. Globally, REA Group holds a 78% interest in REA India, which delivered another strong performance in FY24 with 31% YoY revenue growth. India boasts one of the world's fastestgrowing property markets, supported by positive macroeconomic trends. The significant momentum behind REA India is exciting and we look forward to the opportunities ahead. REA Group also holds a 17.2% interest in Asia's leading online property company, PropertyGuru Group, which operates the leading brands in Singapore, Malaysia, Vietnam and Thailand. In the United States, we hold a 20% investment in Move, Inc., a leading provider of online real estate services and operator of property portal, realtor.com. Our Board is deeply committed to a sustainable future, and we were delighted to make progress towards our Environmental, Social and Governance goals throughout the year. We maintained our leader classification in the interactive media and services industry with an MSCI ESG rating of AA, we were again included in the Australia and Asia Pacific Dow Jones Sustainability Indices (DJSI), and we were listed as a constituent company in the FTSE4Good Index. REA is targeting net-zero emissions by 2050 and we were happy to be certified carbon neutral through Climate Active for the fourth consecutive year. Our people are at the core of REA, and our dedication to fostering a diverse and high-performance culture earned the Group a number of workplace recognitions. Both REA Group and REA India were recognised as top employers by Great Place to Work, and REA Group was also named as one of Australia's Best Workplaces in Technology and Best Workplaces for Women. In closing, I would like to thank REA's dedicated employees, our Executive Leadership Team and my fellow Board members for their commitment to driving REA's continued growth and success. I also extend my gratitude to our valued shareholders for their ongoing support. With the benefits of a strong property market, our team raised the bar even further to deliver an outstanding performance in FY24. As we move into FY25 with a strong balance sheet, a talented workforce and an innovative pipeline, REA Group is well-positioned to capitalise on exciting opportunities in each of our markets. 9 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Hamish McLennan Chairman REA Group

The Australian property market strengthened in FY24 with stabilised interest rates, healthy demand and house price growth all supporting strong listing conditions. In this favourable environment, the decisions and focused initiatives of our management team ensured our business was well positioned to meet the needs of the market and capture significant growth opportunities. We remained focussed on enhancing the value we provide to our customers through continued investment and innovation across our platforms. Our customers recognised this value, and continued to preference our products and services, while leveraging the increased engagement of our audience to maximise their campaigns. I'm incredibly proud of our team's commitment to executing our strategy and driving continued growth across our business and I am pleased to share details of our significant FY24 milestones in this report. As a leading digital business, REA sits at the forefront of innovation. This year we continued to invest in enhancing our consumer experience by leveraging innovative AI technology to deliver a highly personalised property search experience. The deep engagement with our unparalleled audience underpins the value we deliver to customers and is central to the unique data-driven insights we have into the Australian property market. Our flagship site, realestate.com.au, further extended its leadership position in FY24, with the gap between our site and our nearest competitor widening during the year8. More than 10.8 million Australians visited our platform on average each month9. REA Group delivered an exceptional FY24 financial result. The strength of our product portfolio and our team's clear focus on our strategic priorities ensured we continued to deliver superior value to customers and outstanding consumer experiences. 10 REA Group Ltd | Annual Report 2024 8 Ipsos iris Online Audience Measurement Service, Apr 2024 - Jun 2024 vs Apr 2023 - Jun 2023, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Audience (000's). 9 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/ smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate. com.au, Audience (000's). Year in review CEO's message

Demonstrating our high level of audience engagement, we achieved 127.2 million monthly visits10, 4.1 times the number of our nearest competitor in H211 . It was also pleasing to see our commercial property platform realcommercial.com.au record its highest number of visitors under the new Ipsos iris metrics12, while our property research site, property.com. au, reached over 2 million unique visitors for the first time in March13. Through our personalised member experiences, we aim to foster loyalty and drive engagement with our consumers. We enhanced many features in our consumer experience throughout the year, including an AIgenerated personalised homepage, new search filters, the ability to register for inspections on our platform, and access to unique market insights through the Property Owner Dashboard. Tracking the estimated value of a property is a key part our property owner experience, and the Dashboard plays a crucial role in generating valuable leads for our customers. We were delighted that by June this year, one in three Australian properties were being tracked by their owner on realestate.com.au. The Australian rental market remained extremely challenging throughout the year. Our goal is to simplify the rental process for renters and property managers alike. During the year we introduced a new affordability filter to help surface properties only available to tenants eligible for rental affordability schemes. Challenges in the rental market also saw more Australians turn to share accommodation alternatives and our share accommodation business, Flatmates, reached record audiences14. Our focus on enhancing consumer experiences extended to our property research platform, property.com.au. The site has established itself as one of Australia's most comprehensive property research destinations, providing consumers with access to information and insights aimed at boosting buyer and seller confidence. property.com.au recorded 167% YoY audience growth, firmly cementing its place among the top four Australian property websites15. In FY24 our customers continued to take advantage of our premium products and services, particularly the additional value in our Premiere+ advertising package. We also launched new value-add features to support the FY25 Premiere+ package, including the AI-powered Listings Strength Check and our new premium listing product, Luxe. These, along with many other enhancements, helped drive record penetration of our top-tier advertising package, growing yield and underpinning our Residential revenue for the year. Owen Wilson Chief Executive Officer 11 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd 10 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Monthly visits. 11 Ipsos iris Online Audience Measurement Service, Jan - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Visits (000s). 12 Ipsos iris Online Audience Measurement Service, Feb 2024, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, realcommercial.com.au, Audience (000's). 13 I psos iris Online Audience Measurement Service, March 2024, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, property.com.au, Audience (000's). 14 Google Analytics, flatmates.com.au, users, January 2024. 15 Ipsos iris Online Audience Measurement Service, Apr-Jun 2024 and vs. Apr-Jun 2023, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, property.com.au Audience (000's).

12 REA Group Ltd | Annual Report 2024 Year in review CEO's message continued We also launched our new Pro subscription, which offers agents access to the most comprehensive supply and demand data, along with premium branding products. The 100% acquisitions of CampaignAgent and Realtair accelerate our agency services strategy, which is key to increasing the value we deliver to customers. Our property data business PropTrack continues to make progress towards our goal of creating Australia's number one property data, valuations and insights business. Harnessing leading technology and leveraging our first-party data, PropTrack powers many of the Group's unique products, solutions and experiences. The business delivered double-digit revenue growth, primarily driven by its leading suite of valuation solutions used in the mortgage assessment process. Our Financial Services business, Mortgage Choice, faced challenging conditions during the year with continued softness in the lending market. However, there were positive signs towards the end of FY24, and our business is well positioned for a market recovery. Despite the challenges, Financial Services revenue increased, driven primarily by a stabilisation in runoff rates and the performance of our white-label product suite, Mortgage Choice Freedom powered by Athena Home Loans. We also launched a direct digital offering for Mortgage Choice Freedom on realestate.com.au. Our Indian business, REA India, continued its strong growth trajectory, which contributed to the Group's FY24 revenue growth. Despite competition intensifying, the flagship site, Housing.com, maintained its audience leadership with 1.3 times more visits than its nearest competitor16. REA India remained focused on creating the leading consumer experience with an app-first strategy while continuing to expand its customer base. In Southeast Asia, PropertyGuru Group maintained market leadership in four key markets - Singapore, Vietnam, Malaysia and Thailand. Growth in Singapore helped offset a slower recovery in Vietnam and Malaysia. In North America, Move remained under pressure with inflationary pressures in the US pushing the 30-year fixed mortgage rate to a 20-year high. Consequently, existing home sales dropped to historically low levels during the year. 16 Similarweb, average site visits Jul 23 - Jun 24 vs. nearest competitor - excludes app.

13 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Owen Wilson Chief Executive Officer REA Group Sustainability is embedded within our strategic agenda, and we were delighted to achieve several milestones in FY24 as we work towards our Environmental, Social and Governance (ESG) goals. Our first Reflect Reconciliation Action Plan was endorsed by Reconciliation Australia, and we look forward to continuing this journey. Further details on our ESG initiatives are in this Annual Report and our Sustainability Report. The strength and passion of our people, alongside their values-led approach, makes REA a great place to work and underpins the significant value we create. It is my privilege to lead this business alongside our exceptional Executive Leadership Team. Under their guidance, we achieved our equal-highest Employee Engagement score of 88% in FY24. I would like to sincerely thank REA's Executive Leadership Team for their efforts throughout the year. They continue to successfully motivate our high-performing team and play a key role in fostering our leading workplace culture. I would particularly like to acknowledge our Chief Strategy Officer and CEO of REAx, Henry Ruiz, who left the business in June after an extraordinary 15-year tenure. Henry made an indelible mark on our business, and I am incredibly grateful for his strategic foresight and support over the years. We also welcomed two new Executive Leaders over the last 12 months. In October 2023, our Chief Technology Officer Steve Maidment joined the business and in July 2024, we welcomed our new Chief People and Sustainability Officer, Elisa Nerone. Our exceptional financial results were made possible by the dedication of each of our team members, and I sincerely thank them for their efforts. I am continually impressed by their commitment to growth and innovation as we deliver value for our customers and the best experiences for our consumers. I would also like to thank REA's Board of Directors for their ongoing support and counsel. As we enter FY25 with a clear strategy, a growth mindset and a talented team, REA Group is strongly positioned. I look forward to the exciting opportunities ahead.

Year in review REA Group Ltd | Annual Report 2024 14 People are at the heart of REA's culture, and we're passionate about bringing together diverse, highperforming teams. A world-class employee experience Our annual Engagement Survey is one of the many ways we gather feedback from our team, enabling us to identify potential areas for improvement while also highlighting the strength of our culture and values. Pleasingly, 83% of our people participated in the FY24 survey and our overall score was 88%. This was an increase of 1% on the previous year, and the equalhighest score since the survey's inception in 2015. In FY24 we also surveyed our people through the globally renowned and benchmarked Human Synergistics Organisational Culture Inventory to gain a deeper understanding of our culture, nurture our strengths, and identify opportunities for growth and development. Since our last OCI survey in 2021, we saw improvements in 11 out of the 12 organisational culture factors measured, further enhancing our understanding of our high-performance culture. In August, REA was recognised by Great Place to Work as Australia's fifth Best Workplace for 2023 in the large company category, securing our topfive ranking for the third consecutive year. We were the highest ranked ASX-listed business and were also named one of Australia's Best Workplaces in Technology and one of Australia's Best Workplaces for Women, both for the second consecutive year. Our people and culture

15 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Fostering an inclusive, equitable and diverse workplace Diversity, equity and inclusion are key components of REA's culture. We continuously strive to cultivate, grow and improve our approach to diversity, empowering our people to be creative, innovative and feel a true sense of belonging. REA submits a Workplace Gender Equality Report each year in accordance with the Workplace Gender Equality Act 2012. Since reporting began in 2013, REA has made significant progress against the six gender equality indicators and has reduced its gender pay gap. In FY24, the Workplace Gender Equality Agency (WGEA) published the gender pay gaps of private sector employers with 100 or more employees. While a gender pay gap exists across our Australian workforce, we have consistently reduced it, and as a result our gender pay gap is 12.8%, which is less than half the industry benchmark of 27.2%. Our 2024 Gender Equality Statement, which outlines REA's commitment to closing our gender pay gap, appears alongside our pay gap data on our website. Throughout the year, WGEA implemented a new compliance requirement for employers of 500 or more employees to have a policy or strategy in place to address the six gender equality indicators. We have begun work to close and ultimately eliminate our gender pay gap with the development of a new gender strategy, developed in partnership with consultancy Equal Workplaces, which aims to target the factors influencing our gender pay gap. We're dedicated to ensuring equitable opportunities for all, including those living with a disability. In FY24, we continued to publish job advertisements on inclusive hiring platform The Field and have made physical accessibility and software modifications at our head office in Melbourne. 93% of employees said they would recommend REA Group as a great place to work 92% of employees said they are proud to work for REA Group 86% of employees said they believe in what the company is trying to achieve 81% of employees said they see themselves working at REA in 12 months' time Our REA India business also ranked fifth among the Top 100 Companies to Work for in India by The Great Place to Work Institute, placing REA India among the top employers in the nation. This is the second consecutive year REA India has featured in the Top 5 Best Workplaces list, and its fourth consecutive year in the Top 25 Best Workplaces list.

REA Group Ltd | Annual Report 2024 16 Our journey to becoming a neurodivergent-inclusive workplace continued with support for Amaze, the peak body for autistic people in Victoria, through the development of its A Plus Employment Program. Members of our Talent Acquisition and Organisational Development teams participated in forums and workshops to explore ways to better attract and recruit neurodivergent talent. We also developed resources for teams to host their own neurodiversity workshops, which helps to establish neuroinclusive behaviours and build capability. Creating opportunities for our people to proudly celebrate and showcase their cultures and beliefs is an important aspect of our approach to diversity and inclusion. Throughout Investing in our Graduate Program Our popular Graduate Program has launched nearly 100 careers in technology since its inception in 2014. In FY24 we welcomed to REA our 11th cohort of tech graduates and our second cohort of marketing graduates. We were proud to be ranked 10th on the Australian Association of Graduate Employers Top Graduate Employers list for 2024. This list, determined by survey feedback from graduates, is considered the definitive guide to the best workplaces for new graduates entering the workforce. the year, we held numerous events across our Melbourne and Sydney offices, and online, including team celebrations for Diwali, Lunar New Year, Pride Month, International Women's Day and International Day Against Homophobia, Biphobia and Transphobia (IDAHOBIT Day). The physical, mental, financial and social wellbeing of our people is important to us, and we strive to always support them to be happy, healthy, and to thrive in all areas of their lives. We continued our focus on employee wellbeing with the launch of a new wellbeing resource hub on our intranet. We have built capability among our people leaders, trained more than 20 new Mental Health First Aiders, and hosted various wellbeingfocused webinars and workshops. Year in review Our people and culture continued

When I joined REA as one of the first marketing graduates, I wasn't sure which direction I wanted to take my career. However, REA provided the perfect place to kick-start my journey. Rotating across different teams helped me learn more about the different areas of marketing, build and apply my skills in real-life scenarios, and ultimately discover where my passion lies. I'm grateful to REA for this experience and look forward to continuing my development in such a supportive environment. Millie Pullen Channel Marketing Coordinator and recent Marketing Graduate I'm a single parent with two teenagers, and my daughter is transgender, which means regular trips to the Gender Clinic. When I joined REA, I was upfront in my interview - if you hire me, you get the whole package. I have never felt more supported by a leader and an organisation than I do here at REA. I'm not just accommodated, I'm celebrated! I show up as my true self and, as a result, both my family and my career are thriving. Felicity Barrow Head of Capability Being on the Springboard to Tech program has been the greatest turning point in my career. I really appreciate the support that I get from the company - I have a program mentor, a tech mentor and a tech buddy who I regularly catch up with, making sure I'm on track to becoming a competent developer! I also have the opportunity to try different tech stacks. I love that I get to work with the brightest talent in the industry - not only are they highly skilled, they're also supportive and fun. I love my job and I look forward to learning something new every day! Vivian Xu Springboard Developer 17 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Championing women in tech REA is committed to maintaining a minimum of 30% female representation across our REA Australia technology community, a leading global benchmark. In FY24, we achieved 33% female representation across our tech community, with the goal to increase this over time. Our Springboard to Technology program offers women and genderdiverse individuals a personalised 12-month program to support the transition to, or re-entry into, a technical career. Eight women joined the program in FY24, with three participants completing nine months of formal training through Holberton School Australia before joining. Additionally, three women graduated from the program in FY24, accepting permanent roles as Associate Developers. Our graduate program exceeded its goal of achieving at least 50% female representation, with 70% of the FY24 cohort identifying as women. Building a Talent Marketplace Our Talent Marketplace platform provides REA with a holistic view of the skills, capabilities and experience that exist within the organisation, enabling us to source and proactively manage leads to fill available roles. Another key feature of the platform is its ability to manage campaigns that attract people who are interested in a career at REA. In FY24, we expanded our Talent Marketplace by introducing the Talent Neighbourhood. Candidates who sign up to the Neighbourhood share their interests and skills, after which an REA Talent Partner reaches out when a suitable role matches their profile. In addition, our team shares information about the business and culture, and tips to help candidates succeed in interviews. 33% female representation across our tech community

Summary Core results 2024 $M 2023 $M Change % Group revenue 1,452.8 1,183.2 23% Operating expenses (628.0) (532.3) (18%) EBITDA before associates 824.8 650.9 27% Share of gains/(losses) in associates (26.2) (15.9) (65%) EBITDA after associates 798.6 635.0 26% Depreciation and amortisation (113.5) (90.5) (25%) Earnings before interest and tax 685.1 544.5 26% Interest income 12.0 7.2 67% Interest expense (26.3) (17.5) (51%) Profit before income tax 670.8 534.2 26% Income tax expense (219.8) (173.2) (27%) Profit after income tax 451.0 361.0 25% Net loss attributable to NCI 9.5 11.2 (15%) Profit attributable to owners of parent 460.5 372.2 24% Earnings Per Share (cents) 348.7 281.9 24% Dividend per Share (cents) 189.0 158.0 20% REA Group delivered an exceptional FY24 performance, reflecting the strength of our business and our team's clear focus on growing our overall value proposition. REA Group Ltd | Annual Report 2024 18 The Group delivered an exceptional FY24 financial result. Year in review Full year results and operations review 17 Reported results adjusted for significant non-recurring items such as integration costs, impairment expense, net loss on acquisition and divestment related activities, gain or loss on revaluation of financial assets and share of non-core costs in associates. The prior year comparative also excludes restructuring costs. Group financial highlights from core operations17 for the full year include revenue growth of 23% to $1.453 billion, a 27% increase in core EBITDA excluding associates to $825 million, and a 24% increase in net profit attributable to owners of parent to $461 million. Strong market conditions in Australia helped support revenue across our core Residential business, which was up 24% YoY. We also saw healthy revenue growth from Commercial and Developer along with Media, Data and Other. Revenue from our Financial Services business increased YoY, and the strong performance of our Indian operations also contributed to revenue growth. Group core operating costs increased by 18% driven by higher employee costs, technology investments, marketing cost growth, and costs related to the consolidation of CampaignAgent. REA India also incurred higher operating costs driven by higher marketing, as well as increased revenue-related expenditures as the business continues its rapid growth. Excluding the impacts of CampaignAgent acquisition, Group operating costs were up 15%. The Group acquired the remaining interest in Realtair during the year. The Board has determined that REA will pay a final dividend of 102 cents per share fully franked. Together with the interim dividend announced in February, this represents a total dividend of $1.89 per share for FY24.

Reconciliation of core EBITDA to reported 2024 $M 2023 $M EBITDA from core operations (excluding share of gains and losses of associates)1 824.8 650.9 Share of losses of associates (31.6) (18.4) Share of associate non-core costs 5.4 2.5 EBITDA from core operations1 798.6 635.0 Impairment (122.5) - Gain/(loss) on revaluation of financial assets (25.7) - Share of associate non-core costs (5.4) (2.5) Net loss on acquisition related activities (0.7) (1.8) Integration costs (4.9) (9.0) Restructuring costs - (6.7) Reported EBITDA1 639.4 615.0 Reconciliation of net profit from core operations to reported 2024 $M 2023 $M Net profit from core operations attributable to owners of parent 460.5 372.2 EBITDA impact of non-core adjustments (159.2) (20.0) Non-core D&A, net interest & minority interest - (1.1) Tax effect 1.5 5.0 Reported net profit attributable to owners of parent 302.8 356.1 1 The Directors believe the additional information to IFRS measures included in the report is relevant and useful in measuring the financial performance of the Group. 19 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd For the purposes of this report, core operations are defined as the reported results set out in the financial statements adjusted for significant non-recurring items such as integration costs, impairment expense, net loss on acquisition and divestment related activities, gain or loss on revaluation of financial assets and share of non-core costs in associates. The prior year comparative also excludes restructuring costs. A reconciliation of results from core operations and non-IFRS (International Financial Reporting Standards) measures compared with the reported results in the financial statements on page 68 is set out below. The following non-IFRS measures have not been audited but have been extracted from the audited financial statements. The Group has a $600 million syndicated debt facility with two tranches of $200 million and $400 million, which mature in September 2025 and September 2028 respectively, and an $83 million bilateral facility maturing in September 2025. As of 30 June 2024, the Group's total drawn debt was $202 million following repayment of $119 million in February 2024 and $81 million in June 2024,with a cash balance of $204 million. The Group had net current assets of $231 million as of 30 June 2024. Statutory net profit after tax declined by 15% primarily due to a reduction in the valuation of our investment in PropertyGuru Group.

REA Group Ltd | Annual Report 2024 20 Australian highlights Year in review Strength in the Australian property market The Australian property market strengthened in FY24 as stablised interest rates, healthy buyer demand and continued national house price growth drove vendor confidence. Strong buyer demand absorbed the rise in national listings, resulting in new highs for Australian house prices. Australian Residential revenue increased by 24% to $996 million. Buy revenue growth was driven by a 19% increase in Buy yield and a 7% increase in national listings. Buy yield benefited from a 13% average national price rise, increased penetration of Premiere+ and premium products, and a 3% positive impact from geographical mix, thanks to the outperformance of the higher-yielding Sydney and Melbourne markets. Rent revenue increased due to an 8% average price rise and growth in depth penetration, partially offset by a 1% decline in listings. Commercial and Developer revenue increased by 12% to $159 million. Commercial revenue growth was driven by price increases, greater depth penetration and higher listings for both sales and leases. Despite challenging market conditions, Developer revenues were up modestly on the prior year, with increased Project Profile duration and a price rise from the previous year offsetting a 13% decline in project commencements. Media, Data and Other revenue was up 25% to $122 million, or up 2% excluding the impact of the CampaignAgent acquisition. Growth in Data revenue, due to higher data & insights and valuations revenues, was tempered by lower programmatic Media display revenues. CampaignAgent, consolidated from July 2023, has more than doubled revenue since acquisition. Financial Services operating revenue rose by 8% to $74 million. Higher trail commission revenue, driven by lower run-off rates, and increased penetration of higher-margin white label products was partially offset by a 1% decline in settlements. Net revenue increased by 21% to $74 million, with the prior year impacted by a $8 million valuation adjustment to expected future trail commission. In line with Australian digital industry standards, we have transitioned our audience metrics reporting to the new IAB-endorsed digital audience rating system, Ipsos iris. While the way we measure our audience changed, the leadership of our flagship site continued. REA operates Australia's leading residential and commercial property websites realestate.com.au18 and realcommercial.com.au18; the leading website dedicated to share property, flatmates.com.au19; leading property data services business PropTrack; property research website property. com.au; and Australian mortgage broking franchise group Mortgage Choice. During FY24 the Group acquired 100% ownership of fintech platform CampaignAgent and proptech platform Realtair. 18 I psos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Residential Property Search Category and Commercial Property Search Category, Brand Group, Audience (000's). 19 Similarweb, Jul 23 - Jun 24 (average). Monthly unique visitors, flatmates.com.au vs flatmatefinders.com.au.

21 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd Australia's #1 address in property extends its leadership20 visitors to realestate.com.au on average each month21 10.8 million people exclusively visit realestate.com.au on average each month22 5.7 million visits to the realestate.com.au app on average each month24 60 million visits to realestate.com.au on average each month23 127.2 million Australian properties tracked by their owner on realestate.com.au 1 in 3 20 Ipsos iris Online Audience Measurement Service, Apr 2024 - Jun 2024 vs. Apr 2023 - Jun 2023, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Audience (000's). 21 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Audience (000's). 22 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Exclusive Audience (000's). 23 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Monthly visits. 24 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Mobile Apps, realestate.com.au mobile app, Monthly Visits.

REA Group Ltd | Annual Report 2024 22 25 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Audience (000's). 26 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Audience (000's). 27 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Monthly visits. 28 Ipsos iris Online Audience Measurement Service, Jan - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Visits (000s). 29 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au vs Domain, Total Mins (MM). 30 Ipsos iris Online Audience Measurement Service, Apr-Jun 2024 and vs. Apr-Jun 2023, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, property.com.au Audience (000's). 31 Ipsos iris Online Audience Measurement Service, Feb 2024, P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, realcommercial.com.au, Audience (000s). Leading platforms and experiences for all stages of the property journey The number of visitors to our property research site, property. com.au, increased 167% YoY30, while realcommercial.com.au also recorded its highest number of visitors under Ipsos metrics31. Year in review Australian highlights continued realestate.com.au is Australia's number one address in property in every state25, delivering unrivalled value to our customers and powering the Group's data-led solutions, products and experiences. This year we extended our audience leadership position, with 4.6 million more monthly visitors than our nearest competitor26. Our audience is not only the largest with 127.2 million visits every month27, but our consumers continually return to our platforms and spend more time engaged with our content. On average, Australians visited realestate.com.au 4.1 times more than our nearest competitor in the second half of the year28. The quality of our audience continues to grow as we enhance consumer engagement through more personalised experiences. Demonstrating the strength of this engagement, the total time consumers spent on our platforms was more than 5.1 times that of our nearest competitor29.

23 YEAR IN REVIEW FINANCIAL STATEMENTS DIRECTORS' REPORT REMUNERATION REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR LEADERS Annual Report 2024 | REA Group Ltd 32 Ipsos iris Online Audience Measurement Service, Jul 2023 - Jun 2024 (average), P14+, PC/laptop/ smartphone/tablets, text only, Homes and Property Category, Brand Group, realcommercial.com.au vs commercialrealestate.com.au, Audience (000s). 33 Google Analytics, flatmates.com.au, users, January 2024. realcommercial.com.au is Australia's number one place for commercial property in every state, attracting 1.5 million visitors each month in FY24, which is 2.4 times more than our nearest competitor32. Our focus on personalising the consumer experience is driving audience growth and reinforcing our leadership. In May, we launched consumer-facing market insights to help commercial property seekers make the most informed decisions. Finding a rental property remains challenging with historically low vacancy rates and record-high rents. realestate.com.au is dedicated to providing a rental marketplace that is simpler and more efficient for tenants, landlords and property managers. In May, we introduced a new rental affordability filter to improve the search experience and support consumers with greater choice. To satisfy consumer expectations and new legislation on data privacy and security, we continue to refine our rental application information collection and usage, and our data retention policies. Flatmates.com.au continues to be Australia's leading website dedicated to share property and achieved a record 1 million users in January33. Challenging rental market conditions have seen more consumers consider shared living. Personalised experiences driving deeper consumer engagement and delivering quality leads to customers and brokers Our app-first strategy and personalised experiences drive high levels of consumer engagement. Our aim is to convert realestate. com.au's unparalleled audience into members, who are 4.8 times more likely to submit an enquiry and result in high-value leads for customers. A deep understanding of our members enables us to deliver richer experiences and foster more meaningful connections between consumers and customers. Active members increased 18% YoY. Our Property Owner Dashboard continues to engage owners on realestate.com.au, generating quality seller leads for our customers. In FY24, 45% of all seller leads were generated through our personalised owner experiences, this signals to our customers that the owner has a high intent to list their property. Key to this is our market-leading property valuation tool, realEstimate, which helped drive a 62% YoY increase in visits to our Property Owner Dashboard and 1 million new property owner tracks over the past year. One in three properties in Australia are now tracked by their owner on realestate.com.au. This year, we also launched a new financial services tab in the Owner Dashboard, enabling owners to monitor their home loan while generating leads for our Mortgage Choice brokers. 62%YoY increase in visits to our Property Owner Dashboard

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