Financial Performance - The company reported net losses of S$129.2 million, S$187.4 million, and S$14.4 million for the years ended December 31, 2022, 2021, and 2020, respectively[49]. - The company’s revenue is primarily generated from digital classifieds and property development advertising, with a focus on attracting and retaining customers in a competitive market[54]. - In 2022, agent revenue accounted for 79.7% of total revenue, with 57.0% of agent revenue generated from Singapore[97]. - In 2021, agent revenue was 76.4% of total revenue, and 60.3% of agent revenue came from Singapore[97]. - The company may need to raise additional capital to support growth, and there is no assurance that it can do so on acceptable terms[112]. - The company does not expect to pay dividends in the foreseeable future, as it plans to retain most of its available funds for business development and growth[233]. Market Conditions - Inflationary pressures increased operating costs in 2022, which may adversely impact future costs, margins, and profitability[52]. - The real estate market in Vietnam experienced a decline in demand due to governmental actions that limited access to credit, impacting the company's platform and services[47]. - The company faces significant risks from global economic conditions, including inflation and interest rate changes, which could negatively affect property demand and overall business operations[42]. - The cyclical nature of the real estate market can lead to volatility in primary listings, impacting revenue from property developers[46]. - Regulatory changes in key markets, such as Singapore and Vietnam, have negatively impacted property demand and access to credit, affecting the company's revenue potential[83]. - The COVID-19 pandemic has had significant negative effects on the global economy and real estate markets, which may continue to impact the company's operations and financial condition[74]. Operational Risks - The company faces significant competition in the online real estate advertising market, which may require ongoing investment in technology and marketing to maintain market share[68]. - The company relies heavily on listing and advertising services for the majority of its revenue, which could be adversely affected by a decline in consumer engagement and traffic[64]. - A decline in consumer traffic to the company's websites and applications could materially impact revenue generation from subscriptions and advertising[65]. - The company may face challenges in maintaining consumer engagement and attracting property seekers, which are critical for its advertising platform's success[67]. - The company must adapt to evolving regulatory requirements, which could impact its ability to offer products and services in the future[81]. - The company is exposed to various risks in Southeast Asia, including political, economic, and regulatory uncertainties[98]. Technology and Cybersecurity - The company plans to continue investing in technology, recruitment, and marketing to support growth, despite the potential for substantial costs and expenses[49]. - The company relies heavily on Amazon Web Services for hosting and infrastructure, with a new pricing addendum effective until December 31, 2024[155]. - Cybersecurity threats are increasing, and any failure to protect information technology systems could result in reputational damage and significant financial liabilities[138]. - The costs associated with mitigating cybersecurity risks are expected to increase, including compliance costs and maintaining redundant systems[145]. - Significant investments in technology and infrastructure are made, but there is no guarantee that these will prevent system failures or downtime[153]. Compliance and Regulatory Challenges - Increased scrutiny on ESG practices may lead to higher compliance costs and impact the company's reputation[91]. - Compliance with evolving environmental regulations may result in significant costs and operational challenges[90]. - The company is subject to various privacy and data protection laws across jurisdictions, which could impose significant compliance burdens and potential penalties for non-compliance[146]. - The company may face increased legal and regulatory compliance expenses as it expands into new offerings, which could distract from current operations[111]. - The company is classified as an "emerging growth company" and will remain so until it meets certain revenue or market capitalization thresholds, which may affect its attractiveness to investors[213]. Strategic Acquisitions and Growth Opportunities - The company has made strategic acquisitions, including Batdongsan.com.vn in Vietnam in 2018 and Sendhelper in Singapore in October 2022[104]. - The acquisition of Project Panama Entities in August 2021 included iProperty's Malaysia and Thailand digital property marketplace businesses[104]. - The company has potential adjacent growth opportunities in data, Fintech, home services, and developer operating systems, but there is no guarantee these will be monetized successfully[111]. Shareholder and Ownership Structure - Mr. Ohm Ammaramorn owns approximately 51.22% of shares in DDProperty Media, which holds 50.001% of AllProperty Media and 1% of PGI Thailand[176]. - PropertyGuru owns approximately 48.73% of shares in DDProperty Media, with the remaining 0.05% held by PropertyGuru International (Malaysia) Sdn Bhd[176]. - The TPG Investor Entities, KKR Investor, and REA Asia Holding Co. Pty Ltd collectively own approximately 70.7% of the outstanding ordinary shares in the Company as of March 31, 2023[187]. - The company may issue additional ordinary shares or convertible debt securities without shareholder approval, potentially diluting existing ownership interests and depressing the market price of ordinary shares[197]. Financial Reporting and Governance - The company currently reports financial results under IFRS, which may differ significantly from U.S. GAAP, potentially complicating comparisons with other companies[221]. - The management team has limited experience managing a publicly traded company, which could impact the company's ability to implement its growth strategy effectively[211]. - The company is incorporated in the Cayman Islands and follows home country corporate governance practices, which may provide less protection to shareholders compared to NYSE standards[222]. - Corporate governance practices in the Cayman Islands differ significantly from those in the U.S., potentially affording shareholders less protection[230].

Nat Otis - Vice President, Investor Relations Hari Krishnan - Chief Executive Officer and Managing Director Joe Dische - Chief Financial Officer So we get started. So thank you everyone for standing by and welcome to PropertyGuru Group Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] Now let me introduce Mr. Nat Otis, VP of Investor Relations. Mr. Otis, please go ahead. With that let me turn the call over to Hari. strong operating leverage from the iProperty integration. In Vietnam, Q4 ...

Exhibit 99.1 PropertyGuru Reports Fourth Quarter and Full Year 2022 Results Revenues Grow 17% Year Over Year in the Fourth Quarter and 35% for the Full Year 2022 Singapore – March 1, 2023 – PropertyGuru Group Limited (NYSE: PGRU) ("PropertyGuru" or the "Company"), Southeast Asia's leading 1 property technology ("PropTech") company, today announced financial results for the quarter ended December 31, 2022. Revenue of S$40 million in the fourth quarter 2022 increased 17% year over year. Net loss was S$5 milli ...

PropertyGuru Limited (NYSE:PGRU) Q3 2022 Earnings Conference Call November 21, 2022 8:00 AM ET Company Participants Nat Otis - VP, IR Hari Krishnan - CEO and Managing Director Joe Dische - CFO Conference Call Participants Fawne Jiang - Benchmark Nelson Cheung - Citi Operator Thank you all for standing by. Welcome to the PropertyGuru Group Third Quarter 2022 Earnings Conference Call. Currently, all participants are in a listen-only mode. As a reminder, today's program will be recorded. If anyone objects, ple ...

E x h i b i t 9 9 . 1 P R O P E RT Y G U RU P T E. LT D. (Incorporated in Singapore. Reg is t r a t i o n Nu m b e r : 2 0 0 6 1 5 0 6 3 H) AN D I T S S U B S I D I A R I E S PROPERTYGURU PTE. LTD. (Incorporated in Singapore) AND ITS SUBSIDIARIES Contents | | Page | | --- | --- | | Report of Independent Registered Public Accounting Firm | 3 | | Consolidated Statements of Comprehensive Income for years ended 31 December 2021, 2020 and 2019 | 4 | | Consolidated Balance Sheets as of 31 December 2021 and 2020 | ...

PropertyGuru Limited (NYSE:PGRU) Q2 2022 Earnings Conference Call August 25, 2022 8:00 AM ET Company Participants Nat Otis - VP, Investor Relations Hari Krishnan - Chief Executive Officer and Managing Director Joe Dische - Chief Financial Officer Conference Call Participants Nick Jones - JMP Securities Fawne Jiang - Benchmark Operator Thank you for standing by, and welcome to the PropertyGuru Group Second Quarter 2022 Earnings Call. Currently, all participants are in listen-only mode. As a reminder, today's ...

Exhibit 99.2 PROPERTYGURU GROUP LIMITED (Incorporated in Cayman Islands) AND ITS SUBSIDIARIES UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the three and six months ended 30 June 2022 PROPERTYGURU GROUP LIMITED (Incorporated in Cayman Islands) AND ITS SUBSIDIARIES INDEX TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the three and six months ended 30 June 2022 Contents | Page | | | --- | --- | | Unaudited Consolidated Statements of Comprehensive Income/(Loss) for ...

PropertyGuru Limited (NYSE:PGRU) Q1 2022 Earnings Conference Call May 26, 2022 8:00 AM ET Company Participants Gary Dvorchak - Managing Director, Blueshirt Group Hari Krishnan - Chief Executive Officer and Managing Director Joe Dische - Chief Financial Officer Conference Call Participants Nicholas Jones - JMP Long Lin - Benchmark Gary Dvorchak Okay, I think most of the attendees have connected, so weÂ'll get started. So, good morning and good evening, everyone. Welcome to PropertyGuru Group LimitedÂ's First ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUA ...