Investor Presentation

TRADING UPDATE FY20 OUTLOOK Trading in the FY20 March quarter (1 January - 31 March 2020), adjusted for divestments, saw: Digital revenue increase 3% for the quarter, and 15% for the month of March - Total revenue increase 1% for the quarter, and 10% for the month of March. The month of March saw a recovery in new listings in key markets. Residential depth yield increased 17% for the month, benefiting from the positive impact of Domain's new flexible pricing model, and increased depth penetration across all states. • April new residential listings volumes declined in the high 20% range reflecting COVID-19 impacts. Residential depth yield continued to grow YoY, however at a lower rate than in March. FY20 H2 operating costs are expected to be around 7% lower than FY19 H2's base of $89 million (adjusted for divestments), as a result of expense reduction initiatives, and new staff arrangements effective from May. This does not include any potential benefits from the Australian Government's JobKeeper support package. March's performance (prior to the impact of COVID-19 restrictions), provides confidence that Domain is well positioned when markets return to normal. 22 | Investor Presentation Domain

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