CAR GROUP LIMITED — Board/Management Information 2020

Jan 16, 2020

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ASX RELEASE 17 JANUARY 2020

Appointment of new Chief Financial Officer

Today carsales.com Limited (carsales) announces that after a comprehensive executive search process, William Elliott has been appointed to the role of Chief Financial Officer (CFO).

Will has been with the company for four years and has held several senior finance positions including Head of Commercial Finance and CFO International, and has been acting CFO since October 2019. Will has more than 14 years of finance experience and prior to carsales, held senior finance roles at PwC, iFlix and Murray Goulburn.

carsales CEO Cameron McIntyre said “I’m very pleased to welcome Will into the Executive Leadership team and to announce his promotion to the position of Chief Financial Officer. It is a testament to Will’s drive, capability and leadership that he is the successful candidate from what was an exceptional group of applicants.

“This appointment demonstrates the strength of the talent we have at carsales and our focus on growing and developing our people.”

On the promotion to CFO, Will said “I’ve loved my time at carsales. I’m extremely excited about the opportunity to step up into the CFO role and continue to partner with Cameron and the rest of the executive team. I’m looking forward to leading our talented finance team and being a key contributor to the ongoing growth and success of the global carsales business.”

ENDS

Release authorised by: For further enquiries please contact: Cameron McIntyre Cameron McIntyre Managing Director and CEO Managing Director and CEO cameron.mcintyre@carsales.com.au cameron.mcintyre@carsales.com.au (03) 9093 8667 (03) 9093 8667

About carsales.com Ltd

carsales.com Ltd (ASX: CAR) is the largest online automotive, motorcycle and marine classifieds business in Australia. Attracting more Australians interested in buying or selling cars, motorcycles, trucks, caravans and boats than any other classified group of websites. Together with its subsidiaries employing more than 800 people in Australia, carsales.com Ltd. develops world leading technology and advertising solutions that drive its business around the world. The carsales.com Ltd network has operations across the Asia Pacific region and has interests in leading automotive classified businesses in Brazil, South Korea, Mexico, Chile, Argentina and Colombia. Find out more at www.carsales.com.au or @carsales

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