SEEK LIMITED — Capital/Financing Update 2017

Jun 18, 2017

==> picture [127 x 50] intentionally omitted <==

ASX Announcement

19 June 2017

SEEK announces successful refinancing of syndicated loan facility

Highlights:

• Increased and extended syndicated loan facility (“loan facility”)

• Multi-currency (AUD & USD) facility with tenors of two to four years

• Strong support from syndicate reflects strength of business

• Overall pricing and debt covenants are broadly consistent with the previous facility

SEEK Limited (“SEEK”) today announced the successful refinancing of its syndicated loan facility and an increased limit of cA$910m (comprising A$550m and US$275m) from the previous limit of cA$880m.

SEEK received strong support from the syndicate which resulted in the loan facility being oversubscribed. SEEK’s syndicate comprises National Australia Bank, HSBC, Westpac Banking Corporation, ANZ Banking Group, Commonwealth Bank of Australia, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation, United Overseas Bank and new syndicate member Bank of China.

Key features of the loan facility include:

• Revolving, unsecured, senior debt facility

• Tranche A A$190m (2 years), Tranche B A$360m (3 years), Tranche C US$275m (4 years)

• No material changes to other key terms or pricing from previous facility

In discussing SEEK’s refinancing, Geoff Roberts, SEEK Group CFO, said

“This most recent refinancing together with our recent floating rate note issuance, provides SEEK with greater flexibility, tenor and diversity in its capital structure. SEEK has a strong balance sheet which positions the business well to capitalise on future growth opportunities.

Strong support by SEEK’s banking syndicate is an endorsement of SEEK’s medium to long term growth profile, cash flow generation as well as the strong relationships we have with each member of the syndicate.”

For further information please contact

Investor/Analyst enquiries Geoff Roberts +61 3 8517 4484

Media enquiries

Sarah Macartney Phone: +61 433 949 639 Email: smacartney@seek.com.au

1

This announcement contains certain “forward-looking statements”. Forward looking words such as, “expect”, “should”, “could”, “may”, “predict”, “plan”, “will”, “believe”, “forecast”, “estimate”, “target” and other similar expressions are intended to identify forward-looking statements within the meaning of securities laws of applicable jurisdictions. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements, opinions and estimates provided in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Such forward-looking statements, opinions and estimates are not guarantees of future performance.

Forward-looking statements including projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. This announcement contains such statements that are subject to risk factors associated with the markets in which SEEK operates. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause actual results or trends to differ materially. Such forward-looking statements only speak as to the date of this announcement and SEEK assumes no obligation to update such information.

No representation or warranty is or will be made by any legal or natural person in relation to the accuracy or completeness of all or part of this document, or the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in, or implied by, the information or any part of it. To the full extent permitted by law, SEEK disclaims any obligation or undertaking to release any updates or revisions to the information contained in this document to reflect any change in expectations or assumptions.

Nothing contained in this document constitutes investment, legal, tax or other advice. You should make your own assessment and take independent professional advice in relation to the information and any action taken on the basis of the information.

2