www.scout24.com

SCOUT24 AG | Munich/ Berlin | October 2019

Disclaimer

This document has been issued by Scout24 AG (the "Company" and, together with its direct and indirect subsidiaries, the "Group") and does not constitute or form part of and should not be construed as any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision, nor does it constitute a recommendation regarding the securities of the Company or any present or future member of the Group.

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The information contained in this presentation is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this presentation (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

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All numbers in new vertical structure unaudited and preliminary only, if not otherwise stated.

We are the most important marketplace for both our partners and consumers – and more relevant than ever

Since the IPO, we have continuously evolved from a listing business to a market network

We have built data-driven Market Networks across both our verticals

Our strengthened management team stands for growth and value creation

Tobias Hartmann Chief Executive Officer

Dr. Dirk Schmelzer Chief Financial Officer

Ralf Weitz Chief Commercial Officer

Dr. Thomas Schroeter Chief Product Officer

In the first half of 2019, we continued to grow strongly and improve margins

2) L-f-l (like for like): I.e. considering FINANZCHECK.de contribution for full year 2018 and not considering the contributions of deconsolidated companies AS24 Spain and classmarkets in 2018 3) Organic: Excluding new acquisitions and divestments in 2018

4) Excluding non-operating and special effects, excluding amortisation of intangibles identified as part of purchase price allocations, and based on a normalised effective tax rate

We have an excellent financing structure

Debt portfolio	Loan volume (€m)	Current margin
Term loan	300	1.15%
RCF I (drawn)	20	0.85%
RCF I (undrawn)	180
RCF II (drawn)	215	0.80%
RCF II (undrawn)	285

Schuldschein	197

Flexible debt portfolio
Low interest margins
Leverage ratio in June 2019 at 2.24:1
Ability to repay debt AND to pay a dividend AND to execute our share buyback
Financial headroom for M&A opportunities

We let our shareholders take part in our success with an increased dividend of €0.64 per share

Dividend evolution in € per share

A dividend of €0.64 per share corresponds to:

a payout of €68.9m (previous year €60.3m)
41% of adjusted earnings per share

ImmobilienScout24

We are further expanding our leading market position at ImmobilienScout24

96 million Sessions (+9% vs.prior year)

+16% mobile "traffic" growth

~3x more time spent than with the closest competitor

User Partner

1.9x more listings than the closest competitor

+4% growth in Residential Real Estate Partners

H1 2019: 14,850 H1 2018: 14,301

+1%

growth in Commercial Real Estate Partners H1 2019: 2.808 H1 2018: 2.785

We are steadily enhancing our product and service offering for our three target groups

Best offer through market leadership
User experience: simple, appealing & relevant
Decision aide
Support along the entire user life cycle

Users / Consumers Providers / Home Owners Agents / Partners

Support in finding the right agent
Market property to maximize value
Certainty and efficiency of transaction
Success guarantee ("Erfolgsgarantie")

Most efficient marketing channel
Best products for acquisition and brand building
Background information from the Market Navigator

Premium Membership: We help increase efficiency and opportunities for our Users

✓Early access and information advantage

✓Convenient applicant folder for immediate sending

✓Additional advantage through immediate deposit confirmation

Home Seller Hub: We support Home Owners through their sale process

Activities of owners with a view to sell ...

Valuation
Review of demand
Viewing listings
Real Estate Atlas

provides relevant background information…

supported by a broker
- through a private listing at IS24

ImmobilienScout24 IMAGE BOOST: INTEGRATED PROMOTIONS OF LOCAL AGENTS TO HOMESELLERS Top-list-All & Image Boost: We help Real Estate Agents with their branding and acquisition

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		Ender Gülcan



			Bothestraße 11-15 81675 München
Herr Ender Gülcan Gülcan Immos GmbH


	Gülcan Immos GmbH

		Gülcan Immos GmbH
		Bothestraße 11-15 81675 München	Gülcan Immos GmbH