Index

Adevinta at a glance 1

About Adevinta 2

Global presence 4

Our Brands 6

Message from the CEO 8

Board of Directors 12

Board of Directors of Adevinta ASA 14

Growing at Scale 16

Sustainability Report 26 Strengthening Adevinta's

sustainability impact 28

Building our ESG strategy on three themes 30

Our Initial ESG roadmap 32

Materiality Assessment 34 Adevinta recognised as a sustainability

leader in DJSI Europe 37

Environment 38

Social 40

Governance 48

About this report 54

GRI content index 56

Corporate Governance 60

Statement of Corporate Governance 62

Financial Statements 72

Consolidated income statement 74 Consolidated statement of

comprehensive income 75 Consolidated statement of

financial position 76

Consolidated statement of cash flows 78

Consolidated statement of changes in equity 79

Notes to the consolidated financial statements 80

Income statement 172

Statement of financial position 173

Statement of cash flows 174

Notes to the parent company

financial statements 175

Independent Auditor's report 192

Share information 198

OUR STRATEGY

With trusted brands that enjoy leading market positions, Adevinta operates a resilient business model at the centre of the second-hand economy at a time when consumers are seeking more sustainable and cost-efficient ways of buying products. In line with its new "Growing at Scale" strategy, Adevinta is focusing on five core markets (Germany, France, Spain, Benelux and Italy) and concentrating on its Motors and Real Estate verticals while continuing to build a fully transactional online experience to expand into a growing online commerce market. To ensure the Group remains at the forefront of the digital economy, Adevinta is investing in new products and technology and believes this is its best long- term differentiator.

Adevinta at a glance

We are a leading online classifieds specialist, operating digital marketplaces in 15 countries. We provide digital services to connect buyers with sellers and facilitate transactions, from real estate to cars, consumer goods and more. Our portfolio spans more than 40 digital brands, attracting approximately three billion average monthly visits. Leading digital assets include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, Fotocasa and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX Brasil.

ADEVINTA AT A GGLLAANCCEE

In 2021, Adevinta completed its acquisition of eBay Classifieds Group and today employs around 8,100* people committed to supporting users and customers daily. Adevinta is a sustainability leader within the Dow Jones Sustainability Index (DJSI) Europe.

* Including JVs and CWs

REVENUE¹

€1,521m

2020: €1,382m

EBITDA¹

€514m

2020: €467m

¹ Continuing operations, excluding disposals. In order to facilitate comparability, numbers are presented on a combined basis, reflecting the results of Adevinta as if the eBay Classifieds Group (acquired on 25 June 2021) had been part of the combined Group since 1 January 2020

2 Adevinta Annual Report 2021

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Disclaimer

Adevinta ASA published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 18:22:08 UTC.