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seek ASX Announcement 23 February 2021 SEEK's H1 21 results are broadly in line with pcp despite COVID - 19 challenges H1 21 Key Highlights SEEK Group : Solid result in the context of COVID - 19 • H1 21 result and outlook for FY21 are materially better than our AGM expectations • SEEK H1 21 : Revenue -6 % and EBITDA -1 % vs pcp ; broadly in line with pcp despite COVID - 19 Potential Sell down of Zhaopin • SEEK and other Zhaopin shareholders are in advanced discussions with a consortium looking to acquire an ownership interest in Zhaopin Asia Pacific & Americas ( AP & A ) : Laying the foundations for growth in Asia Pacific ( APAC ) • SEEK ANZ : Benefited from higher SME contribution and take up of depth products • SEEK Asia : Key markets ( HK , Singapore and Malaysia ) are starting to show stronger recovery APAC Unification : Progressing well which gives us confidence for a more ambitious approach SEEK ANZ intends to repay A $ 9.8m of COVID - 19 subsidies ( primarily JobKeeper ) 4 SEEK Investments : Strong EBITDA result driven by Zhaopin and OES • Zhaopin : Solid earnings result driven by improving billing trends and operational efficiencies OES : Strong result and benefited from COVID - 19 related demand for online education • ESVs : Strong growth in revenue and operating metrics SEEK Limited ( SEEK ) announced its results for the 6 months ended 31 December 2020 • Reported Revenue of A $ 819.1m ( pcp : A $ 875.5m ) • Reported EBITDA of A $ 245.9m ( pcp : A $ 247.4m ) • Reported NPAT of A $ 69.7m ( pcp : A $ 75.6m ) Commenting on SEEK's H1 21 results , SEEK CEO and Co - Founder Andrew Bassat said : " We were pleased to deliver a H1 21 result that was broadly in line with H1 20 , a period which was unaffected by COVID - 19 . This result demonstrates the strength of our key businesses and validates the decisions we made during the pandemic in regard to people , customers and re - investment . If the economies in which we operate continue their recovery , you should expect SEEK to perform well . " POTENTIAL SELL DOWN OF ZHAOPIN SEEK and other Zhaopin shareholders are in advanced discussions with a consortium looking to acquire an ownership interest in Zhaopin • • The transaction valuation will be in the order of A $ 2.2 billion ( 100 % implied Equity Value ) If the proposed transaction is completed , it is expected that SEEK will reduce its stake to c23.5 % . None of the investors will hold a controlling interest 4 Voluntarily repayment of COVID - 19 subsidies received from the Australian and New Zealand Governments . Intention is to repay net of tax 7