REA GROUP LTD — Share Issue/Capital Change 2021

Dec 15, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

REA GROUP LTD

Date of this announcement

Thursday December 16, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
REAAA	PERFORMANCE RIGHTS	10,619	15/12/2021

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

REA GROUP LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

54068349066

1.3 ASX issuer code

REA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/12/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

REAAA : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

15/12/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Owen Wilson	Owen Wilson	10,619

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Performance Rights issued under the REA Group Long-Term Incentive Plan (LTI Plan). Each performance right entitles the holder to a number of REA ordinary shares (ASX:REA) at the end of the relevant performance period, subject to satisfaction of the applicable performance conditions.

If the performance conditions are satisfied, all ordinary shares to which a participant is entitled under the LTI Plan will be acquired on-market and transferred to the participant. Further details on the LTI Plan is set out in REA's 2021 Annual Report, available at https://www.rea-group.com/about-us/news-and-insights/annual-reports/ and 2021 Annual General Meeting Notice of Meeting available at https://www.rea-group.com/investor-centre/annual-general-meeting/.

Any other information the entity wishes to provide about the +securities the subject of this notification

Shareholder approval for the 2,660 additional Performance Rights under the 2023 REA Group Long-Term Incentive Plan and 7,959 Performance Rights under the 2024 REA Group Long-Term Incentive Plan granted to Owen Wilson was obtained at the Company's 2021 Annual General Meeting held on 11 November 2021.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

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Number of +securities

2,660

Number of +securities

7,959

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)
	Total number of
ASX +security code and description	+securities on issue
REA : ORDINARY FULLY PAID	132,117,217
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not	quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
REAAA : PERFORMANCE RIGHTS	116,266

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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