Annual Report 2019

ABN 91 074 444 018

carsales.com Ltd Annual Report 2019

Contents

Our Purpose

2

Our Business

4

Our Global Presence

6

Our Operations

7

Financial Performance

8

Chair and CEO letter

10

Our Strategy

13

Our Australian Business

14

Our Australian Commercial Business

16

Our Australian Consumer Business

20

Our International Businesses

24

Future Horizons

28

Data and Innovation at carsales

30

Directors' Report

32

Directors' Report - People

36

Corporate Governance

42

Environmental, Social and

Governance Report

42

Our Environmental Commitments

43

Our Board

44

Our Executive Leadership Team

46

Our Remuneration Chair's Letter

48

Remuneration Report

49

Other Directors' Report Disclosures

78

Auditor's Independence Declaration

82

Financial Statements

83

Directors' Declaration

150

Independent Auditor's Report

151

Shareholder Information

157

Corporate Directory

159

carsales.com Ltd (ASX: CAR) is the largest online automotive, motorcycle and marine classifieds business in Australia, attracting more Australians interested in buying and selling cars, motorcycles, trucks, caravans and boats than any other group of websites.

Together with its subsidiaries employing more than 600 people in Australia and 1200 globally, carsales develops world-leading technology and advertising solutions that empower people to move freely through our marketplaces.

The carsales.com Ltd Network has operations across the world and has interests in leading automotive classifieds businesses in Brazil, South Korea, Mexico, Chile and Argentina.

carsales.com Ltd Annual Report 2019

1

Our Purpose

We empower people to move freely through our world-leading marketplaces.

2

carsales.com Ltd Annual Report 2019

We focus on successful outcomes for our customers

Innovation is part of our DNA

Our products and services are frictionless and we are easy to deal with

We think 'global first'

We aspire to give our customers the knowhow and confidence to transact

Our team never settles and always strives for world-classcustomer-centric solutions

carsales.com Ltd Annual Report 2019

3

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Carsales.com Limited published this content on 21 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2019 22:17:04 UTC