12/08/2021: Presentation on the Q2/H1 2021 Financials

Q2 / H1 2021 Results

Analyst Call, 12 August 2021

Tobias Hartmann (CEO)

Dirk Schmelzer (CFO)

Disclaimer

This document has been issued by Scout24 AG (the "Company" and, together with its direct and indirect subsidiaries, the "Group") and does not constitute or form part of and should not be construed as any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision, nor does it constitute a recommendation regarding the securities of the Company or any present or future member of the Group.

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The information contained in this presentation is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this presentation (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

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The half-year figures have been subject to a review by the auditor.

2 H1 2021 Results Call | August 2021

In H1, we further increased the emphasis on our ecosystem strategy

Strong growth in Q2 2021 against a Covid-19 impacted previous year quarter

3 H1 2021 Results Call | August 2021

Key H1 2021 initiatives	Key H1 2021 initiatives
Realtor Lead Engine	Media campaign: valuation tool
acceleration (incl. IV24 offer)	Homeowner Hub enhancement
Membership migration
Vermietet.de acquisition
Pricing / listing initiatives
Customer growth
Media campaign: sell with
agents

Seekers

Key H1 2021 initiatives

Reworked price atlas

"Plus-product" acceleration

Media campaign: brand awareness

App download campaign

Strong	€ 189.7m	€ 110.2m	60.1%
H1 2021
growth	+9.7%	+4.5%	-0.9pp
momentum	Group revenue	Group ordinary	Group ordinary operating
	(growth driven by 13.6%	operating	EBITDA margin (organic)
	increase in Residential	EBITDA	excl. immoverkauf24 and
	Real Estate)	(58.1% margin)	Vermietet.de

€745 / €1,737	20,488	~640,000	~198,000
+5.1% / -0.6%	+3.4%	+88%	+62%
ARPU with	Professional customers	Homeowners	Consumer Plus product
residential / business	(residential + business	registered on	subscribers
real estate partners	real estate partners)	ImmoScout24

4 H1 2021 Results Call | August 2021

The strong structural real estate demand in Germany faces a tight supply situation

German government housing initiative falls short of its target by approx. 300,000 units

High surplus of approved but not yet completed residential units (779,432)

Shortage of building materials and rising prices Declining trend in tenant fluctuation due to rising rents

Reluctant sellers due to Covid-19 pandemic, but

generally high willingness to sell

385,093	4.6m	16.9m		107.2m
-8.2%		+21.5%	-15.7%	-3.1%
	listings1 with	monthly app-users2	monthly web-users2		monthly sessions3
a	stable advantage	to	following continuous trend	due to changed cookie	almost at previous year's level
the next competitor	of	towards mobile usage	consent and reflecting		(despite cookie consent)
reflect a		significant increase in
	1.9x		increased mobile usage
			demand	since lockdown II
5 H1 2021 Results Call | August 2021	1) Six-months 2021 period average; 2) Period average; since 2021 Google Analytics data, previous year adapted; 3) Period average