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INVESTOR PRESENTATION 2025 Full Y ear Results 19 February 2026 For personal use only
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© Pepper Money Limited. Pepper Money acknowledges Australia’s First Nations people as the Traditional Custodians of the land and their continuing connection to country, sea and water. We pay respect to their Elders past and present. Acknowledgement of Country © Pepper Money Limited. P E P P E R M O N E Y 2 For personal use only
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© Pepper Money Limited. Today’s Presenters PEPPER MONEY Over 30 years of international experience in finance , strategic development and operations Previously held senior positions in finance, operations and strategy at Australia and New Zealand Banking Group, Thomson Reuters, Diageo, SAP and Microsoft Over 25 years of experience across banking and finance Appointed Chair of AFIA in March 2024 Previously held senior positions in APRA regulated entities and the non-bank sector, including as State Manager, Mortgage Broker Distribution at Westpac Banking Corporation Therese McGrath Chief Financial Officer JOINED PEPPER MONEY IN 2018 Mario Rehayem Chief Executive Officer JOINED PEPPER MONEY IN 2011 APPOINTED CEO IN 2017 3 For personal use only
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© Pepper Money Limited. Continued Scaled Growth, Discipline Cost Management Total Pro-forma Expenses Total Net Interest Margin Expanded Total NIM Our People Our Customer Our Partners Customers Highest Dividends to Shareholders Final Dividend5 1. PCP: prior comparative period being 1 January 2024 – 31 December 2024. 2. Cost to Income ratio: Pro -forma Total Expenses divided by Total Operating Income before Loan Loss Expense. 3. Settlement productivity: Total number of Originations divided by a verage number of Settlement FTE (excluding Stratton). 4. NPAT: Net Profit After Tax (Pro -Forma). 5. Fully franked Final dividend of 7.8 cents per share declared being 60% of Pro -forma NPAT for 1 July – 31 December 2025. 6. cps = cents per share. 7 Fully franked Total dividend paid or payable in respect to CY2025, composed of Special dividend 12.5 cps, Interim dividend 6.4 cps and Final divi dend 7.8 cps. 8. Total dividend payable in respect to CY2025 Pro- forma NPAT. 9. Annual Employee Engagement Survey conducted by VIV A Glint from 15 - 26 September 2025. Represents a combined score for Australia, New Zealand and the Philippines, excluding Stratton Fin ance. 10. Pepper Money Mortgage Broker Survey and Asset Finance Introducer Survey, December 2025 - Annual Relationship result. CY2025 | Performance highlights INVESTOR PRESENTATION Record Originations Originations Record Total AUM AUM Mortgages Asset Finance $6.8bn $3.5bn +66% versus PCP +20% versus PCP Record Funding Total Strong Profit Growth Pro-forma Profit pre-Tax and Loan Loss Expense Pro-forma NPAT4 36 Mortgages 45 Asset Finance Numbers subject to rounding variances. $10.3bn +47% versus PCP¹ Public Securitisations Whole Loan Sales $3.5bn $3.5bn $7.0bn +35% versus PCP $21.8bn +14% versus PCP $237.4m +13% versus PCP Mortgages Asset Finance Servicing $10.2bn $6.5bn $5.1bn +0% versus PCP +14% versus PCP +56% versus PCP $104.8m +7% versus PCP 2.05% +8% versus PCP Mortgages Asset Finance 1.54% 2.85% (12)bps versus PCP +31bps versus PCP 7.8 cps6 +10% versus PCP Total Dividend7 Total Dividends⁸ 26.7cps $118.6m up 14.6 cps versus PCP +123% versus PCP $242.0m +2% versus PCP Cost to Income Ratio² Settlement Productivity³ 50.5% +27% Improved 4% versus PCP gain on PCP 614,408 Cumulative since 2004 Employee Engagement⁹ Partner Engagement10 81 Up 6 points on 2024 36 45 Mortgages Asset Finance 4 For personal use only
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© Pepper Money Limited. Total Originations ($bn) AUM ($bn) Total Applications¹ ($bn) 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CY2025 CY2024 $4.5bn $7.0bn $3.3bn Full YearHalf Year 1. Defined as applications received in the month. 2. Including Third Party Servicing AUM. Volume growth BUSINESS UPDATE 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CY2025 CY2024 $7.4bn $11.4bn$5.2bn Full YearHalf Year 10.0 12.0 14.0 16.0 18.0 20.0 22.0 24.0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CY2025 Lending AUM CY2024 Lending AUM CY2025 Total AUM (Incl WLS)² $15.8bn $15.9bn $17.0bn 31 Dec30 Jun Applications Growth CY2025 vs CY2024 +44% 2H 2025 vs 1H 2025 +22% 2H 2025 vs 2H 2024 +46% Originations Growth CY2025 vs CY2024 +47% 2H 2025 vs 1H 2025 +30% 2H 2025 vs 2H 2024 +55% Growth Lending AUM Total AUM Dec 2025 vs Dec 2024 +5% +14% Dec 2025 vs Jun 2025 +6% +8% 5 $16.7bn $10.3bn $16.4bn $20.1bn $21.8bn $19.1bn Opening $18.3bn $15.9bn Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Volume Income Credit Quality 1. Originations for the 12 months to December 2025 and December 2024 , based on closing balance including Commercial Real Estate and New Zealand mortgages . 2. Customer rate includes borrower rate, distribution cost and r isk fees. 3. Loan Loss Provision including Post-model Overlay divided by closing Lending AUM for the relevant period. 4. Including Post -model Overlay. 5. Including Commercial Real Estate and New Zealand, excluding HSBC New Zealand acquired port folio. Mortgages | CY2025 BUSINESS UPDATE CY2024 CY2025 Prime 7.6% 6.8% Near Prime 7.9% 7.2% Specialist 9.2% 8.3% 19.0 14.7 2.2 3.7 21.2 18.4 Dec 2024 Dec 2025 Specific Collective⁴CY2024 CY2025 Customer rate² 8.29% 7.42% BBSW/BKBM (4.38)% (3.82)% Funding margin (2.26)% (2.07)% Net interest margin 1.65% 1.54% 0.28% 0.21% 0.18% 0.18% 1.46% 1.30% 1.48% 1.47% 1.89% 1.83% Mortgages (excluding WLS) Mortgages (including WLS) 2.0 3.1 2.0 3.5 0.2 0.2 4.1 6.8 CY2024 CY2025 Retail White Label Direct +66% PCP +24% +77% +58% 2.0 4.9 1.9 1.7 0.2 0.2 4.1 6.8 CY2024 CY2025 Prime Near Prime Specialist +66% PCP (17)% (11)% +148% 4.7 5.5 4.7 4.0 0.8 0.7 10.2 10.2 Dec 2024 Dec 2025 Prime Near Prime Specialist 0% PCP (13)% (15)% +18% Originations by Product ($bn) Originations by Channel ($bn) AUM by Product ($bn) Net Interest Margin (%) Loan Loss Provision ($m) Coverage Ratio³ 90+ Day Arrears⁵ as % of AUM Weighted Interest Rates¹ (%) 6 Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. Originations for the 12 months to December 2025 and December 2024 , based on closing balance. 2. Customer rate includes borrower rate and distribution cost. 3. Lo an Loss Provision including Post-model Overlay divided by closing Lending AUM for the relevant period. 4. Includes Post-model Overlay. 5. Excluding loans in charge-off stage (+120 days). Asset Finance | CY2025 BUSINESS UPDATE 7 Volume Income Credit Quality Originations by Product ($bn) Originations by Risk Tier ($bn) AUM by Risk Tier ($bn) Weighted Interest Rates¹ (%) 0.8 0.9 0.8 0.9 1.4 1.7 2.9 3.5 CY2024 CY2025 Consumer Commercial Novated Lease 2.0 2.6 0.7 0.8 0.2 0.1 2.9 3.5 CY2024 CY2025 Tier A Tier B Tier C 3.6 4.4 1.6 1.7 0.4 0.4 5.6 6.5 CY2024 CY2025 Tier A Tier B Tier C +20% PCP (36)% +9% +29% +20% PCP +20% +19% +21% +14% PCP (17)% +6% +22% Net Interest Margin (%) CY2024 CY2025 Prime 9.5% 8.6% Near Prime 11.5% 10.4% Specialist 14.6% 13.2% CY2024 CY2025 Customer rate² 8.22% 8.36% BBSW/BKBM (3.31)% (3.53)% Funding margin (2.36)% (1.98)% Net interest margin 2.55% 2.85% Loan Loss Provision ($m) 90+ Day Arrears⁵ as % of AUM Coverage Ratio³ 0.31% 0.34% 0.32% 0.32% 0.24% 0.23% Asset Finance (excluding WLS) Asset Finance (including WLS) 58.3 82.7 37.4 37.5 95.7 120.2 Dec 2024 Dec 2025 Specific Collective⁴ 1.57% 1.70% 1.71% 1.86% Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Targeted Segments Servicing AUM December Close ($bn) Benefits of Loan & Other Servicing Capital-light revenue stream Risk reduced – no credit losses Defensive annuity style earnings stream across the credit cycle CTI accretive – no incremental business costs Business diversification 1.4 3.3 5.1 Dec 2023 Dec 2024 Dec 2025 CAGR 89% CY2023 CY2024 CY2025 Operating income ($m) 7.3 11.0 17.7 Loan & Other Servicing | CY2025 BUSINESS UPDATE Whole Loan Sales Administration of Loan Portfolios Loan Portfolio Acquisition 8 PCP 56% Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. Subject to rounding. 2. Chart is total issuance size of public term deals (excluding refinances) and Whole Loan Sales, by iss uance year, up to 31 December 2025. 3. Public term securitisations (excluding refinances). 4. Cumulative to 31 December 2025. 5. Current securitisation platforms. Historical securitisation platforms include PEPPER I- PRIME, and Pepper Social. 6. Includes investors in all Pepper Money transactions since 2010. Funding BUSINESS UPDATE 9 Warehouses $13.3bn total capacity 25 funders domestic and international investors excluding Pepper Money 20 facilities Capacity up 23% December 2025 vs December 2024 Securitisation 4 Public Platforms⁵ Pepper Residential Securities (PRS), Pepper Prime, Sparkz, Pepper Commercial and Residential Securities (PCRS) 100+⁶ investors Called every note at first available call date Private Term issuances $4.5 bn (excl. Whole Loan Sales) 8 transactions 384 250 300 400 800 260 800 1,200 1,192 1,300 2,502 2,861 4,708 3,789 5,194 5,154 5,422 6,289 5,188 6,987 – 1,000 2,000 3,000 4,000 5,000 6,000 7,000 Calendar Y ear ($m)² WLS Auto ABS CRE Prime RMBS Non-Conforming RMBS $44.8bn³ Across 68 transactions Public Term Securitisations Non- conforming RMBS $26.9bn Prime RMBS $10.9bn Commercial Real Estate $0.5bn Auto ABS $6.4bn $10.2bn Across 37 transactions Whole Loan Sales⁴ Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. FTE in all charts are calendar year average. 2: Servicing FTE – Customer Service, Customer Retention and Customer Solutions . Scaled technology, process improvements – efficient growth BUSINESS UPDATE 10 339 467 768 CY2023 CY2024 CY2025 189 239 321 CY2023 CY2024 CY2025 Mortgages CAGR 30% CAGR 51% CAGR 5% 2,868 2,770 3,186 $1 CY2023 CY2024 CY2025 2,721 2,910 3,471 CY2023 CY2024 CY2025 CAGR 13% 958 1,152 1,227 CY2023 CY2024 CY2025 Asset Finance Credit: # Applications per Credit FTE¹ Settlements: # Origination per Settlement FTE # AUM per Servicing FTE² Credit: # Applications per Credit FTE Settlements: # Origination per Settlement FTE CAGR 13% Servicing Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Environmental Published inaugural Sustainability Report¹ under AASB S2 including: Governance Pepper Money’s ESG Framework: Social CY2025 Reporting Sustainability Report 2025 ESG Report 2025 Corporate Governance Statement 2025 Environmental, Social and Governance (ESG) BUSINESS UPDATE 11 Climate governance approach and responsibilities Climate risk and opportunity management approach Climate strategy, scenario analysis and anticipated financial impacts Disclosure of CY2025 scope 1 and 2 emissions Pepper Money Limited Board level accountability for ESG strategy and risks Board ESG Committee oversight of ESG strategy, risks and disclosures Management ESG Committee implementation of ESG strategy ESG Working Group delivers ESG disclosures, risk and opportunity identification Customers and Partners Our People Pepper Giving 1. Sustainability Report includes all disclosures required under AASB S2. 2. Pepper Money Home Loan survey: sample size 926 ( cumulative). Score based on the question “Based on your overall experience of Pepper Money, how likely are you to recommend Pepper Money to a friend if they asked about lenders?”. 3. Pepper Money Asset Finance Loan survey: sample size 2,323 (cumulat ive). Score based on the question “Based on your overall experience of Pepper Money, how likely are you to recommend Pepper Money to a friend if they asked about lenders?”. 4. Annual Employee Engagement Survey conducted by VIVA Glint from 15 - 26 September 2025. Represents a combined score for Australia, New Zealand and the Philippines, excluding Stratton Finance. 5. Manager Impact Survey conducted by VIVA Glint from 16 - 27 June 2025. Represents a combined score for Australia, New Zealand and the Philippines, excluding Stratton Finance. 6. Total of donations to all charities through the Pepper Giving Program. Numbers subject to rounding variances. 20 Home Loans NPS2 35 Asset Finance NPS3 36 Broker NPS 45 Introducer NPS 81 Employee Engagement Score 4 90 Manager Impact Score5 30+ charities supported $211,000 donated6 For personal use only
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© Pepper Money Limited. Pro-forma Expenses / FTEVolume Income Pro-forma Profit 1. Closing AUM. 2. Total Operating Income - Corporate segment not shown as not material but included in the total. Financial Performance FINANCIALS 233.7 215.6 139.2 153.1 11.0 17.7 386.6 388.8 CY2024 CY2025 Mortgages Asset Finance Loan & Other Servicing 10.2 10.2 5.6 6.5 3.3 5.1 19.1 21.8 CY2024 CY2025 Mortgages Asset Finance Servicing 186.8 199.6 11.3 3.5 19.4 16.4 29.2 22.5 246.7 242.0 CY2024 CY2025 Operating Impairment D&A Interest 1.65% 1.54% 2.55% 2.85% 1.97% 2.05% CY2024 CY2025 Mortgages Asset Finance Total 98.2 104.8 CY2024 CY2025 Core Lending Originations ($bn) FTE (period end) Profit pre-Tax and Loan Loss Expense ($m)Total Expenses ($m) Net Profit After Tax ($m) Net Interest Margin (%) Total Operating Income² ($m)Total AUM¹ ($bn) 12 4.1 6.8 2.9 3.5 7.0 10.3 CY2024 CY2025 Mortgages Asset Finance +47% 209.2 237.4 CY2024 CY2025 +13% +14% +1% 469 481 227 234 99 99 795 815 696 715 CY2024 CY2025 Core ANZ Core Manila Online Broker (2)% +7% +2% Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Total (0.55%) (0.67%)0.28% 0.06% 0.50% 0.24% 1.72% 1.51% 1.58% 2H 2024 Customer rate² BBSW / BKBM Funding margin³ 1H 2025 Customer rate² BBSW / BKBM Funding margin³ 2H 2025 (21)bps +7bps (0.35%) (0.41%)0.15% 0.15% 0.32% 0.24% 2.03% 1.98% 2.13% 2H 2024 Customer rate² BBSW / BKBM / Swap Funding margin³ 1H 2025 Customer rate² BBSW / BKBM / Swap Funding margin³ 2H 2025 (0.02%) (0.16%) (0.03%)0.33% 0.01% 0.25% 2.58% 2.73% 2.96% 2H 2024 Customer rate² Swap Funding margin³ 1H 2025 Customer rate² Swap Funding margin³ 2H 2025 +23bps+15bps Total NIM increased by 10 bps versus 2H 2024 driven by improved funding margins and stabilisation of swap rates / BBSW. Total +10bps (14)bps 1. NIM represents six months to December 2024, June 2025 and December 2025 net interest income divided by average lending AUM for the relevant period. 2. Customer rate includes borrower rate, distribution cost and risk fees. 3. Funding margin includes issuance and liquidity costs. NIM Movement FINANCIALS Mortgages Asset Finance (5)bps +15bps 13 +38bps Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 90+ Day Arrears³ as % of AUM 90+ Day Arrears² as % of AUM Mortgages Asset Finance 1. Includes Post-model Overlay. 2. Including New Zealand and Commercial Real Estate, excluding HSBC New Zealand acquired portfolio. 3. Asset Finance 90+ arrears excludes loans in charge-off stage (120+ days). Credit Performance | Loan Loss Expense FINANCIALS Calendar Y ear $ Million CY2025 CY2024 Mortgages Specific (4.5) (4.2) Collective¹ 4.3 10.0 Mortgages loan loss expense (0.2) 5.8 Asset Finance Specific (66.1) (68.7) Collective¹ (24.3) (6.4) Asset Finance loan loss expense (90.4) (75.1) Total Specific (70.6) (72.9) Collective¹ (20.0) 3.6 Total loan loss expense (90.6) (69.3) 1.47% 1.89% 1.83% 1.46% Mortgages (excluding WLS) Mortgages (including WLS) 0.32% 0.32% 0.24% 0.23% Asset Finance (excluding WLS) Asset Finance (including WLS) 14 Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. Includes Post-model Overlay. Credit Performance | Loan Loss Provisions FINANCIALS Movement in Loan Book and Coverage Ratio As at AUM Collective Provisions¹ Specific Provisions Total Provisions Coverage Ratio $ Billion $ Million 31 December 2025 Mortgages 10.2 14.7 3.7 18.4 0.18% Asset Finance 6.5 82.7 37.5 120.2 1.86% Total 16.7 97.4 41.2 138.6 0.83% 30 June 2025 Mortgages 9.5 13.7 3.1 16.8 0.18% Asset Finance 6.3 68.7 39.2 107.9 1.71% Total 15.8 82.4 42.3 124.7 0.79% 31 December 2024 Mortgages 10.2 19.0 2.2 21.2 0.21% Asset Finance 5.6 58.3 37.4 95.7 1.70% Total 15.9 77.3 39.6 116.9 0.74% Collective Provisions Decreased by $(4.3) million on December 2024 given provision releases following the execution of Whole Loan Sales and mix shift towards Prime lending 15 Mortgages Asset Finance Specific Provisions Increased by $1.5 million from December 2024 in line with normal portfolio movement Coverage Ratio Reduced from 0.21% December 2024 to 0.18% December 2025 reflecting product mix shift towards higher Prime lending Collective Provisions Increased by $24.4 million on December 2024 driven by growth in lending AUM and model recalibration to ensure modelling was commensurate with market practices and to embed improved data and analytical predictability Specific Provisions Broadly in line with December 2024 Coverage Ratio Coverage ratio increased from 1.70% to 1.86% from PCP, following movement in provisions Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 469 481 227 234 99 99 795 815 696 715 CY 2024 CY 2025 Online Broker Core Manila Core ANZ Core Lending (2)% 1. Negative denotes increase in expense, positive denotes reduction in expense. 2. Total Expense divided by average FTE. 3. P ro-forma Total Expense divided by Total Operating Income before Loan Loss Expense. Total Pro-forma Expenses FINANCIALS Calendar Ye a r % CY2025 vs $ Million CY2025 CY2024 CY2024¹ Employee benefits expense (132.1) (126.3) (5)% Marketing expense (14.7) (15.4) 4% Technology expense (26.4) (24.6) (7)% Other expense (29.9) (31.8) 6% Operating Expense (203.1) (198.1) (3)% Depreciation and amortisation (16.4) (19.4) 16% Corporate interest expense (22.5) (29.2) 23% Total Expense (242.0) (246.7) 2% Metrics CY2025 CY2024 CY2024¹ Technology + Depreciation expense ($M) (42.8) (44.1) 3% Total Expense per average FTE ($’000)² (303.8) (305.3) 0% Cost to Income ratio³ 50.5% 54.1% 4% FTE Movement (#) Period close © Pepper Money Limited. 16 Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Pro-forma Profit & Loss FINANCIALS Calendar Y ear % CY2025 vs $ Million CY2025 CY2024 CY2024 Interest income 1,275.6 1,436.1 (11)% Interest expense (940.0) (1,094.7) 14% Net interest income 335.6 341.4 (2)% Lending fee income 68.0 65.6 4% Lending expense (30.2) (29.5) (2)% Whole loan sales gain 66.0 42.8 54% Loan losses (90.6) (69.3) (31)% Servicing fees and other income 40.0 35.6 12% Total operating income 388.8 386.6 1% Employee benefits expense (132.1) (126.3) (5)% Marketing expense (14.7) (15.4) 4% Technology expense (26.4) (24.6) (7)% General and admin expense (26.4) (20.5) (29)% Fair value losses on financial assets (3.5) (3.9) 11% Impairment losses on non-financial assets - (7.4) - EBITDA 185.7 188.5 (2)% Depreciation and amortisation expense (16.4) (19.4) 16% Corporate interest expense (22.5) (29.2) 23% Profit before income tax 146.8 139.9 5% Income tax expense (42.0) (41.7) (1)% Net profit after income tax 104.8 98.2 7% Non controlling interest - 0.6 - Net profit attributable to equity holders of Pepper Money Limited 104.8 98.8 6% Profit pre-Tax and Loan loss expense 237.4 209.2 13% 17 Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. 12 months to December 2025 and December 2024 Net Interest Income divided by average Lending AUM for the relevant period . 2. Based on average FTE. 3. Cost to Income ratio defined as: Pro -forma Total Expenses divided by Total Operating Income before Loan Loss Expense. 4. Loan Loss Provision including Post -model Overlay divided by closing Lending AUM for the relevant period. Financial Metrics (Pro-forma) FINANCIALS Calendar Y ear % CY2025 vs CY2025 CY2024 CY2024 Volume ($ Billion) Originations – Mortgages 6.8 4.1 66% Originations – Asset Finance 3.5 2.9 20% Total Originations 10.3 7.0 47% AUM lending – Mortgages (closing) 10.2 10.2 0% AUM lending – Asset Finance (closing) 6.5 5.6 14% AUM lending (closing) 16.7 15.9 5% AUM servicing (closing) 5.1 3.3 56% Total AUM (closing) 21.8 19.1 14% Income ($ Million) Operating income – Mortgages 215.6 233.7 (8)% Operating income – Asset Finance 153.1 139.2 10% Operating income – Loan and Other Servicing 17.7 11.0 61% Operating income – Corporate 2.4 2.8 (15)% Total Operating Income 388.8 386.6 1% Margins Net interest margin¹ – Mortgages 1.54% 1.65% (12)bps Net interest margin¹ – Asset Finance 2.85% 2.55% 31bps Total Net interest margin¹ 2.05% 1.97% 8bps Employee benefits expense / Total operating income 34% 33% (1)% Employee cost per FTE² ($’000) (165.8) (156.3) (6)% Cost-to-income ratio³ 50.5% 54.1% 4% Credit: Coverage Ratio Coverage ratio⁴ – Mortgages 0.18% 0.21% (3)bps Coverage ratio⁴ – Asset Finance 1.86% 1.70% 16bps Coverage ratio⁴ – Total 0.83% 0.74% 9bps Underlying Pro-forma Profit ($ Million) Pro-forma Profit pre-Tax and Loan loss expense 237.4 209.2 13% 18 Numbers subject to rounding variances. Financial Metrics (Pro-forma) For personal use only
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© Pepper Money Limited. Corporate Debt Shareholder Returns 1. cps = cents per share. 2. Special dividend - declared 3 June 2025. Record date– 11 June 2025, paid – 16 July 2025. 3. CY2025 Interim dividend -declared 21 August 2025, record date -12 September 2025, paid – 10 October 2025. 4. CY2025 Final dividend – declared 19 February 2026, record date –13 March 2026, to be paid – 16 April 2026. 5. Annualised yield based on dividends declared in CY2025, and 12 -month volume weighted average price (VWAP). Capital Management | CY2025 FINANCIALS 19 Numbers subject to rounding variances. Capital management strategy driving material uplift in shareholder returns Available undrawn balance $172.5m Special Dividend 12.5 cps1 $55.5m returned2 Interim Dividend 6.4 cps $28.4m returned3 Final Dividend 7.8 cps $34.7m payable 16 April 20264 Total dividends paid / payable $118.6m Up 123% on CY2024 Annualised dividend yield5 16.1% 8.9% CY2024 Corporate Debt Facility Medium-Term Notes Debt retired in September 2025 $40m Medium Term Note Drawn Balance $50m Debt retired in February 2025 $27.5m Corporate Debt Facility Drawn Balance $97.5m For personal use only
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© Pepper Money Limited. OutflowInflow Dividend 1. CY2025 Final dividend payable on 16 April 2026. Sources and Uses of Cash Corporate Cash Flow FINANCIALS $ Million Movement Trust income 296.9 Origination fees 58.2 Whole Loan Sale premium 85.9 Servicing and other income 18.9 Total income 459.8 Operating expense (218.1) Broker commissions (79.4) Total operating expense (297.5) Interest expense (19.9) Cash profit before tax 142.4 Tax expense (58.8) Cash profit after tax 83.6 Funding cashflows 99.2 Equity investments (2.0) Corporate debt repayment (67.5) Cash available for distribution 113.2 2025 Dividend payment (60.0) Shareholder capital release (55.5) Opening cash 31 December 2024 124.0 Change in cash (2.2) Closing cash 31 December 2025 121.8 Key Movements: 31 December 2024 to 31 December 2025 20 © Pepper Money Limited. Operating expenses Includes business operating expenses and costs incurred in establishing securitisation deals and corporate debt structures. Funding cash flow Equity investments in securitisation structures, credit enhancement required for new loans in warehouse facilities, and funds released from warehouses as a result of whole loan sales. Interest expense Interest incurred on corporate debt facilities, net of bank interest earned. Equity investment Costs associated with the on-market share buyback Trust income Interest income derived from assets under management and residual income units earned from the trust waterfalls. Whole loan sale premium Gross premium before costs received from the execution of whole loan sales across Mortgages and Asset Finance portfolios in the year. Dividend payment¹ Dividend paid in April 2025 and October 2025. Shareholder capital release Special dividend paid in July 2025 Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Balance Sheet FINANCIALS Balance as at $ Million 31 December 2025 31 December 2024 Cash and cash equivalents 1,267.0 1,226.2 Receivables 25.2 13.9 Derivative financial assets 40.7 21.0 Loans and advances 16,854.0 15,991.8 Other financial assets 15.2 15.3 Other assets 10.3 13.4 Deferred tax assets 46.9 37.1 Right of use assets 17.3 23.2 Property, plant and equipment 1.6 2.2 Goodwill and intangibles 121.5 128.3 Total assets 18,399.7 17,472.4 Trade payables 17.4 16.0 Current tax 13.2 12.5 Provisions 32.4 27.7 Derivative liabilities 2.8 10.3 Borrowings 17,372.4 16,467.4 Lease liabilities 21.4 28.2 Other liabilities 1.4 0.9 Other financial liabilities – trail commission payable 68.8 53.8 Total liabilities 17,529.8 16,616.8 Total net assets 869.9 855.6 Issued capital 738.0 730.7 Other reserves 42.4 24.6 Retained earnings 89.5 100.3 Total equity 869.9 855.6 21 AssetsEquity Liabilities Key Movements: 31 December 2024 to 31 December 2025 Loans and advances Loans and advances reflects movement in Assets Under Management, net of Whole Loan Sales of $3.5 billion executed over CY2025 and provisions for loan losses. Derivative financial asset Net position driven by higher relative level of swap rates from December 2024 to December 2025. Goodwill and intangibles Addition of $4.4 million work in progress assets offset by software amortisation expense $(10.3) million and amortisation of acquired customer relationship asset $(0.9) million. Borrowings Increase in note borrowings in line with movement in Assets Under Management, partly offset by lower corporate debt balance as a result of $27.5 million principal repayment in the corporate debt facility and $40.0 million retirement of a subordinated debt facility. Retained earnings The movement in retained earnings reflects profit delivered in CY2025, net of 2024 Final dividend, 2025 Special dividend and 2025 Interim Dividend paid. Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. Scaled efficient core businesses, and growing capital light annuity stream Mortgages : customers remain resilient Asset Finance: customers still experiencing some pressure Servicing: Growing in line with WLS + market opportunities Markets response to higher interest rates will be key New products – strong pipeline, accretive growth, diversification Distribution footprint and partnerships expanding AI and technology leverage – lower cost to originate / serve, improving customer experience Whole Loan Sales – capital light, annuity income Strong capital management – headroom to fund growth Market growth – entered 2026 with double digit application growth Household saving ratios – back to long term average of 5% Funding markets – remain solid despite geo-political issues 22 Pepper Money has demonstrated capabilities Pepper Money – well positionedOutlook PEPPER MONEY Pepper Money… well positioned For personal use only
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© Pepper Money Limited. © Pepper Money Limited. Non-Binding and Conditional Proposal PEPPER MONEY 23 • Pepper Money has received a confidential, non-binding and conditional proposal to acquire 100% of the shares in Pepper Money under a scheme of arrangement (“Indicative Proposal”) from Challenger Limited (“Challenger”) under which Challenger and Pepper Group ANZ HoldCo Limited (“Pepper Group”) will jointly acquire Pepper Money. • Under the Indicative Proposal Pepper Group will initiallyacquire an interest in the acquiring entity that is at least equal to its current interest in Pepper Money. • The Proposal offers Pepper Money shareholders (other than Pepper Group) cash consideration equal to $2.60 per share, less the CY2025 fully-franked Final dividend of 7.8cps and any special dividend paid or declared. • The Pepper Money Board established an Independent Board Committee (“IBC”) to assess this Indicative Proposal. After due consideration and acting in the interest of all Pepper Money shareholders, the IBC granted Challenger exclusivity to undertake confirmatory due diligence and progress relevant transaction documentation in order to present a more certain proposal. • Discussions are ongoing, however there is no certainty that a more certain proposal will be forthcoming or that the Indicative Proposal will result in a definitive agreement. For personal use only
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Questions & Answers For personal use only
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Thank you on behalf of all of Pepper Money Pepper Money Limited ABN 55 094 317 665. Australian Finance Services Licence 286655; Australian Credit Licence 286655 Pepper Asset Finance Pty Limited ACN 165 183 317; Australian Credit Licence 458899 © Copyright Pepper Money Limited. All rights reserved. For personal use only
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Appendices For personal use only
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© Pepper Money Limited. $2,893bn¹ Conforming: 88% Non-Conforming: 12%2 ~0.4% ³ • First home buyers • SME/self employed (e.g. including casual and gig economy) • Minor adverse credit event in history (e.g. late utilities bill) • Credit history impacted by “life event” (e.g. divorce) December 2025 Total Addressable Market (AUM) Pepper Money’s Market Share (closing AUM) Targeted Customer Segments 27 $251bn Consumer: $77bn⁴ Commercial: $174bn⁵ ~2.6% ⁶ Consumer: ~2.5% Commercial: ~2.6%⁷ • Used cars • Caravans • Commercial vehicles • Novated lease • Small scale business equipment Notes: 1. Combination of Australia and New Zealand mortgage markets at December 2025 (Total housing credit, RBA D2 Lending and credit aggregates (including owner-occupier housing credit and investor housing credit)); Housing, RBNZ C5 Sector lending (registered banks and non-bank lending institutions), December 2025, converted at an assumed exchange rate of NZD:AUD = 0.9331. 2. Independent research conducted by Fifth Dimension Research and Consulting in March 2021. 3. Represents Pepper Money’s Mortgages AUM at 31 December 2025 (closing) as a proportion of Total housing credit. 4. New household loan commitments for purchase of road vehicles, New household loan commitments, ABS 5601.0 Lending Indicators Table 27, January 2025 – December 2025 (published February 2026). Assumes market size is approximately 4x lending commitments for last 12 months. 5. New business loan commitments (small and medium size business), finance lease and fixed term, purchase of vehicles, plant and equipment, ABS 5601.0 Table 28, 30 and 32, January 2025 – December 2025 (published February 2026). Assumes market size is approximately 4x lending commitments for last 12 months. Medium size business plant and equipment lending is included but is not part of Pepper’s addressable market. 6. Represents Pepper Money’s Asset Finance AUM at 31 December 2025 (closing) as a proportion of total consumer and commercial motor and equipment financing. 7. Pepper’s Commercial AUM includes the Commercial and Novated Lease portfolios. Addressable Market APPENDIX Mortgages Asset Finance For personal use only
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© Pepper Money Limited. Closing AUM (A$bn) Asset Finance AUM Walk Notes: 1. Combination of Australia and New Zealand mortgage markets as at December 2025 (Total housing credit, RBA D2 Lending and credit aggregates (including owner-occupier housing credit and investor housing credit)); Housing, RBNZ C5 Sector lending (registered banks and non-bank lending institutions), December 2025, converted at an assumed exchange rate of NZD:AUD = 0.9331. 2. Independent research conducted by Fifth Dimension Research and Consulting in March 2021. 3. New household loan commitments for purchase of road vehicles ABS 5601.0 Lending Indicators Table 27, January 2025 – December 2025 (published February 2026). Assumes market size is approximately 4x lending commitments for last 12 months. 4. New business loan commitments, finance lease and fixed term, purchase of vehicles, plant and equipment, ABS 5601.0 Table 28, 30 and 32, January 2025 – December 2025 (published February 2026). Assumes market size is approximately 4x lending commitments for last 12 months. 5. Australian mortgages including Commercial Real Estate. 6. Growth compares Pepper Australian mortgage AUM growth, excluding the impact of whole loan sale executed in the period, to the Australian total housing credit, RBA D2 lending and credit aggregates (including owner-occupier housing credit and investor housing credit). 7 Growth compares Pepper asset finance AUM growth, excluding the impact of whole loan sale executed in the period, to the total asset finance market growth under the assumption that market size is approximately 4x lending commitments. 8. Includes scheduled repayments. APPENDIX (0.6) (2.1) (0.9) (2.1) (1.7) (1.7) (1.2) (1.9) 1.8 2.3 2.7 4.0 11.3 10.4 9.7 9.0 9.8 2H 2023 Closing Originations Whole Loan Sale Prepayment⁸ 1H 2024 Closing Originations Whole Loan Sale Prepayment⁸ 2H 2024 Closing Originations Whole Loan Sale Prepayment⁸ 1H 2025 Closing Originations Whole Loan Sale Prepayment⁸ 2H 2025… (0.5) (1.0) (0.5) (1.0) (1.1) (0.5) (1.2) 1.4 1.5 1.7 1.8 5.7 5.7 5.6 6.3 6.5 2H 2023 Closing Originations Whole Loan Sale Prepayment⁸ 1H 2024 Closing Originations Whole Loan Sale Prepayment⁸ 2H 2024 Closing Originations Prepayment⁸ 1H 2025 Closing Originations Whole Loan Sale Prepayment⁸ 2H 2025 Closing Growth ⁷ Systems growth 28 Closing AUM (A$bn) Mortgages ⁵ AUM Walk Mortgages $2,893bn¹ Conforming: 88% Non-Conforming: 12%² Asset Finance $251bn Consumer: $77bn³ Commercial: $174bn⁴ December 2025 $3,144bn Total Addressable Market (AUM)Growth ⁶ Pepper (2.7)% System +2.6% +1.3% +2.8% +10.7% +3.0% +23.5% +3.5% 6.7x System 8.5x System +8.1%+7.7%Pepper System +6.9% +5.3% +11.7% +0.5% +10.3% +1.2% For personal use only
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© Pepper Money Limited. Volume Income Credit Quality 1. Originations for the 6 months to June and December, including Commercial Real Estate and New Zealand mortgages based on clos ing balance in the relevant period. 2. Customer rate includes borrower rate, distribution cost and risk fees. 3. Loan Loss Provision including Post-model Overlay divided by closing Lending AUM for the relevant period. 4. Including Post -model Overlay 5. Including Commercial Real Estate and New Zealand, excluding HSBC New Zealand acquired portf olio. Mortgages | Half on half comparison CY2025 BUSINESS UPDATE 1H 2024 2H 2024 1H 2025 2H 2025 Prime 7.7% 7.5% 7.0% 6.8% Near Prime 7.9% 7.9% 7.4% 7.2% Specialist 9.2% 9.0% 8.5% 8.2% 1H 2024 2H 2024 1H 2025 2H 2025 Customer rate² 8.27% 8.35% 7.79% 7.13% BBSW/BKBM (4.42)% (4.35)% (4.07)% (3.57)% Funding margin (2.25)% (2.28)% (2.22)% (1.99)% Net interest margin 1.60% 1.72% 1.51% 1.58% +46% v 1H 2025 +20% +42% +52% +46% vs 1H 2025 +34% +25% +54% +8% v 1H 2025 (1)% +0% +17% Originations by Product ($bn) Originations by Channel ($bn) AUM by Product ($bn) Net Interest Margin (%) Loan Loss Provision ($m) Coverage Ratio³ 90+ Day Arrears⁵ as % of AUM Weighted Interest Rates¹ (%) 29 0.9 1.0 1.2 1.9 0.8 1.2 1.4 2.1 0.1 0.1 0.1 0.1 1.8 2.3 2.8 4.0 1H 2024 2H 2024 1H 2025 2H 2025 Retail White Label Direct 0.7 1.3 1.9 3.0 1.0 0.9 0.8 0.9 0.1 0.1 0.1 0.1 1.8 2.3 2.8 4.0 1H 2024 2H 2024 1H 2025 2H 2025 Prime Near Prime Specialist 4.9 4.7 4.7 5.5 5.4 4.7 4.0 4.0 1.0 0.8 0.7 0.7 11.3 10.2 9.5 10.2 Jun 2024 Dec 2024 Jun 2025 Dec 2025 Prime Near Prime Specialist 28.5 19.0 13.7 14.7 3.0 2.2 3.1 3.7 31.5 21.2 16.8 18.4 Jun 2024 Dec 2024 Jun 2025 Dec 2025 Specific Collective⁴ 0.24% 0.28% 0.21% 0.18% 0.18% 1.46% 1.30% 1.48% 1.47% 1.89% 1.83% Mortgages (excluding WLS) Mortgages (including WLS) Numbers subject to rounding variances. For personal use only
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© Pepper Money Limited. 1. Originations for the 6 months to June and December, based on closing balance in the relevant period. 2. Customer rate includes borrower rate and distribution cost. 3. Loan Loss Provision including Post-model Overlay divided by closing Lending AUM for the relevant period. 4. Includes Post-model Overlay. 5. Excluding loans in charge-off stage (+120 days). Asset Finance | Half on half comparison CY2025 BUSINESS UPDATE 30 Volume Income Credit Quality Originations by Product ($bn) Originations by Risk Tier ($bn) AUM by Risk Tier ($bn) Weighted Interest Rates¹ (%) +6% vs 1H 2025 (3)% +9% +5% +6% vs 1H 2025 (4)% +22% +8% +2% vs 1H 2025 (11)% 0% +4% Net Interest Margin (%) Loan Loss Provision ($m) 90+ Day Arrears⁵ as % of AUM Coverage Ratio³ Numbers subject to rounding variances. 0.4 0.4 0.5 0.5 0.4 0.4 0.4 0.5 0.7 0.7 0.8 0.8 1.4 1.5 1.7 1.8 1H 2024 2H 2024 1H 2025 2H 2025 Consumer Commercial Novated Lease 1.0 1.1 1.3 1.3 0.4 0.4 0.4 0.4 0.1 0.1 0.1 0.1 1.4 1.5 1.7 1.8 1H 2024 2H 2024 1H 2025 2H 2025 Tier A Tier B Tier C 3.5 3.6 4.2 4.4 1.7 1.6 1.7 1.7 0.5 0.4 0.4 0.4 5.7 5.6 6.3 6.5 1H 2024 2H 2024 1H 2025 2H 2025 Tier A Tier B Tier C 1H 2024 2H 2024 1H 2025 2H 2025 Tier A 9.6% 9.3% 8.8% 8.3% Tier B 11.6% 11.2% 10.6% 10.1% Tier C 14.9% 14.0% 13.4% 12.9% 1H 2024 2H 2024 1H 2025 2H 2025 Customer rate² 8.07% 8.39% 8.37% 8.34% Swap (3.23)% (3.38)% (3.54)% (3.52)% Funding margin (2.32)% (2.43)% (2.10)% (1.86)% Net interest margin 2.52% 2.58% 2.73% 2.96% 47.2 58.3 68.7 82.7 42.1 37.4 39.2 37.5 89.3 95.7 107.9 120.2 Jun 2024 Dec 2024 Jun 2025 Dec 2025 Specific Collective⁴ 1.57% 1.70% 1.71% 1.86% 0.31% 0.34% 0.32% 0.32% 0.24% 0.23% Asset Finance (excluding WLS) Asset Finance (including WLS) For personal use only
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© Pepper Money Limited. (0.51%) (0.07%) (0.87%) 0.46% 0.57% 0.19% 1.77% 1.65% 1.54% CY2023 Customer rate² BBSW / BKBM Funding margin³ CY2024 Customer rate² BBSW / BKBM Funding margin³ CY2025 (12)bps (12)bps (0.53%) (0.07%) (0.49%) 0.57% 0.31% 0.26% 2.00% 1.97% 2.05% CY2023 Customer rate² BBSW / BKBM / Swap Funding margin³ CY2024 Customer rate² BBSW / BKBM / Swap Funding margin³ CY2025 (0.69%) (0.08%) (0.22%) 0.82% 0.15% 0.37% 2.50% 2.55% 2.85% CY2023 Customer rate² Swap Funding margin³ CY2024 Customer rate² Swap Funding margin³ CY2025 +31bps+5bps Total NIM increased by 8 bps versus CY2024 driven by improved funding margins and stabilisation of swap rates / BBSW, net of customer rate. Total +5bps (23)bps +35bps 1. NIM represents twelve months to December 2023, December 2024, December 2025 net interest income divided by average lending AUM for the relevant period. 2. Customer rate includes borrower rate, distribution cost and risk fees. 3. Funding margin includes issuance and liquidity costs. NIM Movement FINANCIALS (3)bps +8bps Numbers subject to rounding variances. 31 Total Mortgages Asset Finance For personal use only
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Glossary & Disclaimer For personal use only
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© Pepper Money Limited. © Pepper Money Limited. Glossary of Terms PEPPER MONEY AUM – Lending (closing): Assets Under Management originated and serviced (securitised and Pepper Money balance sheet lending). AUM – Servicing (closing): Assets Under Management for portfolios of third parties which are serviced by Pepper Money. Capital expenditure: Includes investment in property and equipment and intangible software and licenses. Core FTE: Full time equivalent employee in Australia, New Zealand and Manila supporting the Company’s Lending and Loan Servicing business units. Cost to Income (CTI) ratio: Total expense divided by total operating income before loan loss expense. EBITDA: Earnings before corporate interest expense (including the interest charge associated with AASB 16 Leases) income tax expense, depreciation and amortisation. Employee cost per FTE: Employee benefits expense for the relevant period, divided by average full-time equivalent employees. Employee benefits expense/Total operating income: Employee benefits expense divided by total operating income. FTE: Full time equivalent employee. Net interest income: Interest charged on loans provided to borrowers (Mortgages and Asset Finance), income from Mortgage Risk Fee (MRF) / Loan Protection Fee (LPF), loan premium revenue and the funding costs and facility establishment costs associated with the debt raised to fund these assets. The net interest income is calculated using the Effective Interest Rate (EIR) which includes certain fees and costs incurred which are integral in bringing the loans or associated debt to account (such as upfront Distribution Partner commissions). Net interest margin (NIM): Net interest income divided by average Lending AUM for the relevant period. NPAT: Net Profit After Tax. Originations: New loans originated during the period. PCP: Refers to prior comparative period being the twelve months to 31 December 2024 in this presentation. Total Operating Income: Includes net interest income, lending fee income, lending expense, Whole loan sales gain, loan losses and servicing fees and other income. 90+ days past due % closing Lending AUM: Loans where borrowers have not made the full payment of interest or principal for an amount exceeding 3 monthly instalments, divided by closing Lending AUM. 33 For personal use only
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© Pepper Money Limited. © Pepper Money Limited. Disclaimer PEPPER MONEY 34 Summary information This Presentation contains summary information about Pepper Money Limited (ACN 094 317 665) (Pepper Money) and its activities and is current only as at the date of this Presentation (unless specified otherwise). The material in this Presentation is given for informational purposes only, is in summary form and does not purport to be complete. It does not purport to summarise all information that an investor should consider when making an investment decision. It is intended to be read by a professional analyst audience in conjunction with Pepper Money's other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX), which are available at www.asx.com.au. No representation or warranty, expressed or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this Presentation. In particular, no representation or warranty, express or implied, is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forward‐looking statements or statements about future matters contained in this Presentation. To the maximum extent permitted by law, Pepper Money, its related bodies corporate and their respective directors, officers, employees and representatives (including agents and advisers) disclaim all liability and responsibility for any direct or indirect loss, costs or damage which may be suffered by any recipient through use of or reliance on anything contained in, implied by or omitted from this Presentation. Reliance should not be placed on information or opinions contained in this Presentation and, subject only to any legal obligation to do so, Pepper Money does not have any obligation to correct or update the content of this Presentation. Statements in this Presentation are made only as of the date of this Presentation (unless otherwise stated) and the information in this Presentation remains subject to change without notice. Financial information Certain financial measures included in this Presentation, including Underlying EBITDA, Underlying EBIT, Underlying NPAT are ‘non-IFRS financial information’ under ASIC Regulatory Guide 230: ‘Disclosing non-IFRS financial information’ published by the Australian Securities and Investments Commission (ASIC) and also ‘non-GAAP financial measures’ within the meaning of Regulation G under the U.S. Securities Act and are not recognised under AAS and International Financial Reporting Standards (IFRS). Such non-IFRS financial information/non-GAAP financial measures do not have a standardised meaning prescribed by AAS or IFRS. Therefore, the non-IFRS financial information may not be comparable to similarly titled measures presented by other entities and should not be construed as an alternative to other financial measures determined in accordance with AAS or IFRS. Although Pepper Money believes these non-IFRS financial measures provide useful information to investors in measuring the financial performance and condition of its business, investors are cautioned not to place undue reliance on any non-IFRS financial information/non-GAAP financial measures included in this Presentation. Certain figures, amounts, percentages, estimates, calculations of value and fractions provided in this Presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this Presentation. All financial information in this Presentation is in Australian dollars ($ or A$) unless otherwise stated. Forward -looking information This Presentation and any related materials and cross-referenced information contain forward-looking statements, which may be identified by the use of terminology including ‘may’, ‘will’, ‘would’, ‘could’, ‘should’, ‘expects’, ‘believes’, ‘targets’, ‘likely’, ‘plans’, ‘intends’, ‘aims’, ‘anticipates’, ‘estimates’, ‘continue’, ‘objectives’, ‘outlook’ or similar expressions or by discussions of strategy, plans, objectives, targets, goals, future events or intentions. Indicators of, and guidance on, future earnings and financial position and performance are also forward-looking statements. These forward-looking statements are not guarantees or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Pepper Money or any of its related entities and which may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Readers are cautioned not to place undue reliance on forward-looking statements. No representations, warranty or assurance (express or implied) is given that the occurrence of the events expressed or implied in any forward-looking statements in this Presentation will actually occur. The information provided in this Presentation is for illustrative purposes only and is not represented as being indicative of the Pepper Money's views on its future financial condition and/or performance. Past performance The past performance and position of Pepper Money reflected in this Presentation is given for illustrative purposes only. Past performance of Pepper Money cannot be relied upon as an indicator of (and provides no guidance as to) the future performance or condition of Pepper Money, including future share price performance. No offer of securities This Presentation is for information purposes only and is not a prospectus, product disclosure statement or other offering document under Australian law or any other law (and will not be lodged with ASIC or any other foreign regulator). Nothing in this Presentation should be construed as either an offer or a solicitation of an offer to buy or sell Pepper Money securities. Information in this Presentation is not intended to be relied upon as advice to current shareholders, investors or potential investors and does not take into account the financial situation, investment objectives or needs of any particular investor. Before making any investment or other decision, investors should consider these factors, and consult with their own legal, tax, business and/or financial advisors. For personal use only
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Pepper Money Limited ABN 55 094 317 665. Australian Finance Services Licence 286655; Australian Credit Licence 286655 Pepper Asset Finance Pty Limited ACN 165 183 317; Australian Credit Licence 458899 © Copyright Pepper Money Limited. All rights reserved. For personal use only