RENT.COM.AU LIMITED — AGM Information 2021

Nov 24, 2021

Rent.com.au Limited AGM Presentation | 25 November 2021

• Chairman's Welcome and Meeting Instructions
• Voting Opens
• Resolutions
• Voting Closes
• CEO Presentation
• Q & A

Chairman's Welcome and Meeting Instructions

• For shareholders only please log in to the Automic investor portal in order to vote. If you have already submitted proxies you may ignore this step.
• If you wish to ask a question, please click on the Q&A feature in the Zoom webinar and type your question.
• Voting is now open

Resolution	For	Against	Discretionary	Abstained	Excluded	TotalFor	TotalAgainst
			(Voted For)			(% of Eligible Proxy Votes)
1.Adoption of Remuneration Report	23,908,137	451,438	189,829	465,596	39,619,197	98%	2%
2.Re-election of John Wood as a Director	51,728,375	217,345	200,717	5,596	12,482,164	100%	0%
3.Ratification of Prior Placement Shares underListing Rule 7.1 capacity	63,965,518	460,366	202,540	5,773	0	99%	1%
4.Ratification of Prior Placement Shares underListing Rule 7.1A capacity	63,965,518	460,366	202,717	5,596	0	99%	1%
5.Approval of 10% Placement Facility	63,922,635	472,551	200,717	38,294	0	99%	1%

Voting will now close and final results will be posted to the ASX announcements platform shortly

At Rent, we believe Australia's renters deserve better.

Renting is fast becoming the preferred choice for many people and is a segment without a champion.

That's why we're using technology to reimagine every part of the renting journey from finding a house to paying the rent.

We serve renters throughout their renting journey.

• Established large industry portal (profitable, growing)

• Designed for renters looking for a new home

• Renter focus (tools, products, services)

• New Payments Platform (just released)

• Designed for all renters

• Renter focus (tools, products, services)

Delivering on the promise to our customers…

…and driving strong business growth.

Strong FY21 revenue growth†

and profitable for the first time†

Now we've started disrupting the tenancy period.

All renters need to pay their rent, making RentPay relevant to over 2.5 million (mainly millennial) households in Australia who collectively pay more than $1 billion in rent each week – week in, week out.

Yet the market is oriented towards agent & landlord needs.

Starting with rental payments.

Renters are able to

• Pay what they want
• Pay when they want
• Be recognised & rewarded
• Be in control

Agents/LLs receive

• The right amount
• At the right time
• New revenue lines
• Reconciliation tools

Renters choosing flexibility†

Average Buffer Amount $100

Scorebuilder

Early days, steady growth.

Optimisation Phase nearing completion

• New security functionality released
• Web version of the app launched
• Awareness (education) efforts are working
• Major App update underway, simplifying customer flows

10,000+

Customer Growth Plans

• Further expansion of marketing activity to existing RENT customer base:
  • RENT customers converting at 2x the rate of external marketing
  • Balancing with need to drive advertising/product revenue for RENT
• Enhancement of Agent capability to capitalise on significant interest.

	RentPay for Agents	Payfiles	Tenants	agent@acme.com.au	Log out
	Payfiles				RentPay for Agents	Payfiles	Tenants			agent@acme.com.auLog out
					Tenants					rentpay
Date		Payfile name		Download
	14/06/2020	RentPay-14-06-2020		PayFile	Reference	Name	Address	Mobile	Status	Filters
	13/06/2020	RentPay-13-06-2020		PayFile	ACME5478	Jennifer Smith	UNIT 5 3 CROCKETT AVENUE, CRAIGIEBURN	0416755788	Active	Reference
	12/06/2020	RentPay-12-06-2020		PayFile	ACME3577	Wendy Riggs	UNIT 8 29 CAMBRIDGE STREET, WEST LEEDERVILLE	0411324857	Active
	11/06/2020	RentPay-11-06-2020		PayFile	ACME1771	Amelie Casey	99 PROPELLER CIRCUIT, OFFICER SOUTH	0413265781	Active	Tenant name
	10/06/2020	RentPay-10-06-2020		PayFile	ACME4427	Kailey Manning	4 ISLINGTON STREET, COLLINGWOOD	0413269854	Inactive	Address
	09/06/2020	RentPay-09-06-2020		PayFile
	08/06/2020	RentPay-08-06-2020		PayFile						Mobile
	07/06/2020	RentPay-07-06-2020		PayFile						Status
	06/06/2020	RentPay-06-06-2020		PayFile						Any$\checkmark$
	05/06/2020	RentPay-05-06-2020		PayFile						Search

Platform for services, continuous expansion.

Partner discussions are well underway to expand services and benefits to renters. We see this an as integral ongoing part of the customer proposition.

+40% of our customers want to align their utilities payment to their rent, for a partner it reduces bad debt exposure and improves cashflow

Linking a customer's regular rental payments to a discretionary payment platform (BNPL) to drive user preference at retail PoS

Building on from our "first in market" Scorebuilder product, have rent contribute to and provide an advantage for a future mortgage (align the customer to a provider before they start looking)

Opportunities for RentPay Agents via landlord services, lead generation and new revenue lines

RNT Group Outlook

• Core RENT search business now consistently profitable, strong start to FY22
• We continue to invest in the development and growth of RentPay. It aligns with our vision and is a significant growth opportunity
• Forecasting growth across both Rent.com.au and RentPay businesses
• Partner discussions (utilities, mortgages, insurance) progressing well AGL have extended energy connection partnership for a further year
• RentPay marketing progressing well, new channels opening up and messaging refined
• Well funded: $662k R&D tax refund received, +$1.8m cash on hand

Appendices

Financial results FY21

RNT Group Revenue & EBITDA

	FY21	FY20	%
RNT Group	$'000	$'000	Change
Renter Products†	1,552	1,105	+40%
Advertising Sales	1,263	986	+28%
Other Revenue	279	362	(23%)
Total Revenue	3,094	2,453	+26%
Cost of Sales	(1,268)	(933)	+36%
Gross Margin	1,826	1,520	+20%
Gross Margin %	59%	62%
Operating Costs	(2,515)	(2,653)	(5%)
EBITDA	(689)	(1,134)	(39%)

Corporate information

Financial information
Share price (23 November 2021)	$0.07
Ordinary shares on issue	398.2m
Market capitalisation	$27.9m
Cash on hand (23 November 2021)	$1.8m

Other	Exercise	Vest	Expiry	Number
Remuneration Rights (CEO, COO)		Jun-22	Jul-22	333,333
Options (Directors)	$0.10 -$0.15	Nov-23	Nov-25	7,200,000
Option (Novatti)	VWAP	vested	Feb-22	5,982,028*
Performance Rights (LTI)		Jun-23	Jul-23	11,475,000
Performance Rights (LTI)		Jun-24	Jul-24	7,875,000

Top shareholders	%
Bevan Slattery (new holder 2021)	10.1%
Greg Bader (CEO –holder since 2016)	4.8%
John Wood (Director –holder pre-IPO)	3.9%
Garry Garside (Director –holder pre-IPO)	2.2%
Mark Needham (HNW –holder since 2016)	2.0%

Experienced board

Garry Garside Non-Executive Chairman

• Experienced property developer and investor
• Founded Prime Health Group before merging it with Westpoint Healthcare to form Endeavour Healthcare
• MBA (University of WA)

Sam McDonagh Non-Executive Director

• 20+ years experience in senior management roles including Airbnb, eBay and iiNet
• Non-Executive Director of TicToc Homeloans
• Chartered Accountant and experienced marketer

Phil Warren Non-Executive Director

• 20+ years in corporate/advisory roles with ASX listed companies
• Managing Director of corporate advisory firm Grange Consulting, Chartered Accountant
• Non-Executive Director of Family Zone Cyber Safety Ltd and Anax Metals Ltd

John Wood Non-Executive Director

• Extensive experience in retail, property, sales and marketing, business management and tourism
• Founder & National Acquisitions Manager of National Lifestyle Villages
• Former Rothwell's Young Entrepreneur Award winner

Dedicated leadership

A passionate team ready to change the world

made for renters

1300 736 810