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EARNINGS PRESENTATION THIRD QUARTER 2025 November 6, 2025
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Caution Regarding Forward-Looking Statements This presentation includes forward-looking statements about goeasy, including, but not limited to, its business operations, strategy and expected financial performance and condition. Forward-looking statements include, but are not limited to, statements with respect to forecasts for growth of the consumer loans receivable, annual revenue growth forecasts, strategic initiatives, new product offerings and new delivery channels, anticipated cost savings, planned capital expenditures, anticipated capital requirements and the Company’s ability to secure sufficient capital, liquidity of the Company, plans and references to future operations and results, critical accounting estimates, expected future yields and net charge off rates on loans, the dealer relationships, the size and characteristics of the Canadian non-prime lending market and the continued development of the type and size of competitors in the market. In certain cases, forward-looking statements that are predictive in nature, depend upon or refer to future events or conditions, and/or can be identified by the use of words such as “expect”, “continue”, “anticipate”, “intend”, “aim”, “plan”, “believe”, “budget”, “estimate”, “forecast”, “foresee”, “target” or negative versions thereof and similar expressions, and/or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations and business prospects and are inherently subject to, among other things, risks, uncertainties and assumptions about the Company’s operations, economic factors and the industry generally. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those expressed or implied by forward-looking statements made by the Company. Some important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, but are not limited to, goeasy’s ability to enter into new lease and/or financing agreements, collect on existing lease and/or financing agreements, open new locations on favourable terms, offer products which appeal to customers at a competitive rate, respond to changes in legislation, react to uncertainties related to regulatory action, raise capital under favourable terms, compete, manage the impact of litigation (including shareholder litigation), control costs at all levels of the organization and maintain and enhance the system of internal controls. The Company cautions that the foregoing list is not exhaustive. These and other factors could cause actual results to differ materially from our expectations expressed in the forward-looking statements, and further details and descriptions of these and other factors are disclosed in the Company’s Management’s Discussion and Analysis (“MD&A”), including under the section entitled “Risk Factors”. The reader is cautioned to consider these, and other factors carefully and not to place undue reliance on forward-looking statements, which may not be appropriate for other purposes. The Company is under no obligation (and expressly disclaims any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise, unless required by law. IMPORTANT INFORMATION 2
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QUARTERLY HIGHLIGHTS
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Q3 2025 KEY TAKEAWAYS 4 • 469,000 active customers generated gross consumer loans receivable of $5.4 billion • Loan growth of $336 million, in line with Q3 outlook and up 32% from $255 million in Q3 2024 Strong Loan Originations • Record quarterly revenue of $440 million in Q3, up 15% from $383 million in the same period last year • Efficiency ratio1 at 23.4%, stable as compared to 23.1% in Q3 2024 • Diluted EPS of $1.98; Adjusted Diluted EPS1 of $4.12 negatively impacted by increase in provision for credit losses in Q3 ($0.50 / share) Solid Financial Results • Total annualized yield (including ancillary products) on average gross consumer loans receivable1 for Q3 2025 at 31.4%, down 180bps from the same period in 2024 but within Q3 outlook range • Secured loans mix stable and managing through rate cap with enhanced ancillary results and operational efficiency Portfolio Yield Aligning With Expectations • At 8.9%, annualized net charge off rate was down 30 bps from 9.2% in the third quarter of 2024, and in line with outlook range of between 8.75% and 9.75% for the quarter • Increase in provision for credit losses to 8.13% in response to higher early-stage delinquencies attributable to persistent weak macroeconomic conditions Adjusting Credit Posture Given Weaker Economy 1. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies
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STRONG LOAN GROWTH & STABLE CREDIT LED TO SOLID RESULTS 5 1. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation 2. This is a non-IFRS measure. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation Note: Non-IFRS ratios and non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies • Robust volume of applications for credit, up 22% YoY • Quarterly loan originations of $946M, up 13% compared to $839M • Record 54,600 new customers, up 13% YoY • Record organic loan growth of $336M during the quarter, within the Company’s Q3 2025 outlook of between $325M and $350M • Strong performance across all of the Company’s products and acquisition channels, including unsecured lending, home equity loans, automotive and point-of-sale lending ORIGINATION GROWTH • Net charge off rate of 8.9%, down 30 bps YoY and in line with the Company’s outlook range of between 8.75% and 9.75% for the quarter • Loan loss provision rate increased to 8.13%, compared to 7.92% in Q2 2025 in response to higher early- stage delinquencies attributable to persistent weak macroeconomic conditions • During the quarter, issued US$450M of senior unsecured notes due 2031 and entered into a currency swap to reduce Canadian dollar equivalent cost to 6.106% • Additionally, reopened the existing CAD 6.000% senior unsecured notes due 2030 for C$175M proceeds • Subsequent to quarter-end, renewed Securitization Warehouse Facility with capacity maintained at $1.4B and new maturity date of October 30, 2026 • Total funding capacity of approximately $2.31B • Efficiency ratio1 from 23.1% in Q3 2024 to 23.4% in Q3 2025; focus maintained on enhanced operating leverage with increased scale • Reported net income of $33.1M and diluted earnings per share of $1.98 • Adjusted net income2 of $68.9M, down 8% YoY from $75.1M, primarily due to impact of interest rate cap as well as increase in loan loss provision rate • Adjusted diluted earnings per share1 of $4.12 (reflecting negative $0.50 impact of QoQ provision increase) STABLE CREDIT PERFORMANCE STRONG LIQUIDITY PROFILE OPERATING LEVERAGE & PROFITABILITY
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Q3 RESULTS COMPARED TO OUTLOOK 6 1. This is a non-IFRS ratio. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Q3 PERFORMANCE IN LINE WITH OUTLOOK KEY PERFORMANCE INDICATOR Q3 2025 Outlook Q3 2025 Results Gross consumer loan portfolio growth $325 to $350 million $336 million Consistent with Outlook Total yield on consumer loans (including ancillary products)1 31.0% to 32.0% 31.4% Consistent with Outlook Net charge offs as a percentage of average gross consumer loans receivable 8.75% to 9.75% 8.9% Consistent with Outlook
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FINANCIAL OVERVIEW
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PRODUCT & CHANNEL STRATEGY DRIVING STRONG ORIGINATIONS 8 ($ in millions except percentages) Q3 2025 HIGHLIGHTS • Gross consumer loans receivable increased by over $1 billion or 24% YoY , with growth driven by robust volume of applications for credit and higher loan originations across all product and acquisition channels, including unsecured lending, home equity loans, automotive and point-of-sale lending 1. Secured instalment loans include loans secured by real estate and personal property GROSS LOAN ORIGINATIONS GROSS CONSUMER LOANS RECEIVABLE % YoY change 16.3% 15.4% (1.4%) 9.3% 12.7% % Secured1 45.0% 45.3% 46.0% 47.6% 47.8% $4,393 $4,596 $4,787 $5,100 $5,435 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 $839 $814 $677 $904 $946 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25
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STRONG & BALANCED GROWTH IN LOAN PORTFOLIO DRIVING RECORD REVENUE 9 Q3 2025 HIGHLIGHTS • Record Q3 revenue of $440 million, up 15% YoY from $383 million • Portfolio yield in line with outlook TOTAL REVENUE TOTAL YIELD ON CONSUMER LOANS1 % YoY change 19.1% 19.8% 9.7% 10.7% 14.9% % YoY change (5.8%) (3.8%) (10.7%) (8.9%) (5.4%) 1. Including ancillary products. These are non- IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies ($ in millions except percentages) $383 $405 $392 $418 $440 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 33.2% 33.6% 31.3% 31.8% 31.4% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25
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DISCIPLINED EXECUTION BUT EARNINGS IMPACTED BY PROVISIONS 10 ($ in millions except earnings per share) Q3 2025 HIGHLIGHTS • Record adjusted operating income1 of $170M up 4%, driven by strong loan growth and stable credit performance • Adjusted diluted EPS2 of $4.12, with adjustments primarily related to non-cash fair value changes on prepayment options embedded in Notes Payable • Impact of QoQ provision rate increase from 7.92% to 8.13% on $5.44B gross consumer loans receivable negatively impacted operating income • Represented a $0.50 reduction in adjusted diluted EPS2 OPERATING INCOME1 DILUTED EPS2 Note: Non-IFRS ratios and non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies Reported Adjusted Reported Adjusted 1. These are non-IFRS measures. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation 2. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation $160 $165 $145 $161 $166$163 $168 $148 $164 $170 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 $4.88 $4.25 $2.32 $5.19 $1.98 $4.32 $4.45 $3.53 $4.11 $4.12 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25
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TARGETING EFFICIENCY BENEFITS WITH OPERATIONAL SCALE 11 Q3 2025 HIGHLIGHTS • Adjusted operating margin1 of 38.6%, down 9% YoY , driven by lower loan yields and higher credit loss provisions • Efficiency ratio1 higher by 30 bps compared to Q3 2024; focus maintained on enhanced operating leverage with increased scale OPERATING MARGIN Note: Non-IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies Reported Adjusted 1. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation. Operating m argin defined as operating income as a percentage of revenue. Efficiency ratio defined as adjusted operating expenses as percentage of revenue. Adj. other opex / Avg. loan book1 8.2% 8.6% 8.7% 8.6% 7.7% Efficiency ratio1 23.1% 24.2% 26.1% 25.6% 23.4% 41.7% 40.7% 37.0% 38.5% 37.8% 42.6% 41.6% 37.9% 39.3% 38.6% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25
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INTEREST RECEIVABLE - OVERVIEW 12 • Several factors contribute to the carrying amount of Interest Receivable, including: − Increase in volume growth of portfolio − Shift in mix toward secured loans, which can remain on books for longer and continue to accrue interest (net of provision); all 150+ DPD balances ($114 million in Q3) are secured loans − Use of borrower assistance tools to support customer loan repayment − Collections efforts focusing on customer cash payments and less waiving of interest Key Factors • Interest is accrued on all loans through to charge off, including both current and delinquent • Interest Receivable is reported net of an allowance for expected credit losses in accordance with IFRS 9 • Interest Receivable was $142 million in Q3, up from $92 million in Q3 2024 • goeasy monitors the ratio of Interest Receivable to Gross Consumer Loans Receivable on a percentage basis Background • Interest Receivable as a percentage of Gross Consumer Loans Receivable at 2.6% in Q3; flat quarter-over-quarter and up from 2.1% in Q3 2024 • Ratio will gradually reduce with the decline in late-stage delinquent accounts and optimized design and utilization of borrower assistance tools Trends
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$3,974 $4,676 $6,413 $7,813 5.2% 6.4% 6.8% 6.6% 2022 2023 2024 2025 Q3 $5,911 2025 Q3 CAPITAL STRUCTURE ESTABLISHED TO SUPPORT STRONG LOAN GROWTH 13 Equity Senior Unsecured Note Revolving Credit Facility Securitization Facility I Cost of Borrowing Well positioned capital structure with balanced debt mix and staggered maturities • Revolving credit facility supports short-term needs, with future draws subject to movements in the Prime Rate and CORRA • Diversified debt stack supported by participation from all major Canadian banks across one or more facilities • Funding capacity of approximately $2.31 billion available under existing funding facilities, and ability to raise additional debt financing to fund organic growth forecast • At Q3 2025, 100% of the Company’s drawn debt is with fixed / hedged rates; weighted average cost of borrowing at 6.6% • Debt to adjusted tangible equity ratio of 3.97x1 elevated primarily due to higher levels of balance sheet cash and liquidity following notes offering • Subsequent to quarter end, renewed $1.4B securitization warehouse facility Securitization Facility II (Auto Loans) Other Secured Borrowings • ESTABLISHED NEW $200M SECURITIZATION FACILITY COLLATERALIZED BY AUTOMOTIVE LOANS • $57.9M EQUITY ISSUANCE • US$550M NOTES ISSUANCE • UPSIZED AUTOMOTIVE SECURITIZATION FACILITY TO $500M • INCREASED REVOLVING CREDIT FACILITY TO $370M • US$1B & $150M NOTES ISSUANCE DURING 2024 • INCREASED REVOLVING CREDIT FACILITY TO $550M • INCREASED AUTOMOTIVE SECURITIZATION FACILITY TO $700M 18% 7% 48% 16% 1% 9% 63% 21% 4% 11% Net Capital Structure Based on Utilized Debt • US$400M NOTES ISSUANCE IN APRIL • US$450M AND C$175M NOTES ISSUANCE IN AUGUST Note: Capital stack ($M) defined as total shareholders’ equity plus maximum funding capacity of the Company’s debt; cost of b orrowing defined as the average blended coupon interest rate on drawn balance of the Company’s debt 1. This is a capital management measure. Refer to“ Non- IFRS and Other Financial Measures“ section on page 34 of this presentation. Capital management measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies ($ in millions) Q3 2025 HIGHLIGHTS 2%
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333K 450K 163K 631K 2021 2022 2023 2024 2025 YTD SHARE REPURCHASES STRONG FREE CASH FLOW GENERATION & CAPITAL RETURN 14 • Free cash flow from operations1 for the twelve months ended September 2025 of $393M • Estimated that consumer loan portfolio can grow by approximately $350M per year solely from internal cash flows; once existing and available sources of debt are fully utilized, consumer loan portfolio can grow by approximately $500M per year solely from internal cash flows • 2025 marks 21st consecutive year of paying a dividend and 11th consecutive year of an increase in the dividend, which increased 25% YoY • Annual dividend of $5.84 per share, representing 3.5% yield at current share price2 • Opportunistic and targeted share repurchases offer an additional form of returning capital to shareholders; YTD ~631K shares were repurchased for $102 million, inclusive of repurchases in Q4 2025 $2.64 $3.64 $3.84 $4.68 $5.84 2021 2022 2023 2024 2025 ANNUAL DIVIDEND ($ in millions) N/A $27M$61M$62M $102M 1. LTM Free cash flows from operations before net growth in gross consumer loans receivable is an unaudited non- IFRS measure. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation 2. Closing share price of $168.65 as of October 31, 2025 Note: Non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies $381 $481 $436 $377 $393 LTM Q3 24 LTM Q4 24 LTM Q1 25 LTM Q2 25 LTM Q3 25 FREE CASH FLOW FROM OPERATIONS1
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Q3 2025 FINANCIAL PERFORMANCE HIGHLIGHTS 15 1. These are non-IFRS measures. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation 2. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios and non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies REVENUE NET INCOME DILUTED EPS YoY CHANGE ADJUSTED NET INCOME1 ADJUSTED DILUTED EPS2 RETURN ON EQUITY ADJUSTED RETURN ON EQUITY2 Q2 2025Q3 2025 ($ in millions except EPS and percentages) $418 $87 $5.19 $4.11 23.2% $68 29.3% $440 $33 $1.98 $4.12 22.6% $69 10.8% 14.9% (61.0%) (59.4%) (4.6%) (310 bps) (8.2%) (1,830 bps) Q3 2024 $383 $85 $4.88 $4.32 25.7% $75 29.1% OPERATING MARGIN 38.5%37.8% (390 bps)41.7%
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YTD 2025 FINANCIAL PERFORMANCE HIGHLIGHTS 16 1. These are non-IFRS measures. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation 2. These are non-IFRS ratios. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios and non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies ($ in millions except EPS and percentages) REVENUE OPERATING MARGIN NET INCOME DILUTED EPS YoY CHANGE ADJUSTED NET INCOME1 ADJUSTED DILUTED EPS2 RETURN ON EQUITY ADJUSTED RETURN ON EQUITY2 Q3 2025 YTD $1,250 $159 $9.47 $11.76 22.0% 37.8% $197 17.7% 11.8% (24.0%) (21.5%) (4.1%) (320 bps) (200 bps) (7.2%) (710 bps) Q3 2024 YTD $1,118 $209 $12.06 $12.26 25.2% 39.8% $213 24.8%
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CREDIT & UNDERWRITING
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CREDIT & UNDERWRITING – Q3 2025 KEY TAKEAWAYS 18 • Modest shift in mix of portfolio comprised of secured assets, currently at 48% • Steps taken in prior quarters contributing to stable performance Stable Net Charge Off Rate • Total delinquencies at 7.3% were lower by 10 bps from prior year and higher by 60 bps over the prior quarter in response to persistent weak macroeconomic conditions • Almost all of the increase relative to Q2 2025 came from early-stage delinquencies (1-90 days past due); late-stage delinquencies (90+ days past due) were in-line with the prior quarter Uptick in Early-stage Delinquencies; Late-stage Flat • Amidst strong demand for credit, maintained a conservative underwriting posture: − Funded ~11% of loan applications at a dollar weighted average credit score of 624 in Q3 − 15th consecutive quarter of 600+ weighted average credit score of loan originations Disciplined Approach to Credit and Underwriting • Increase in allowance in response to higher early-stage delinquencies • Focus on credit quality; mix of low/medium risk balances represented 86% of the portfolio Prudent Provisioning for Future Credit Losses • Introduced additional underwriting requirements for auto and powersports verticals as part of new merchant onboarding Comprehensive Risk Management Oversight and Governance
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STABLE NET CHARGE OFFS WITH RISE IN DELINQUENCY 19 • Net charge off rate down 30 bps YoY , up 10 bps QoQ; within the Company’s outlook range of between 8.75% and 9.75% for the quarter • YoY decline in net charge off rate primarily due to an increase in secured loan product mix and ongoing optimization of credit, underwriting and borrower assistance programs, which are part of our collection practices • Although higher by 60 bps over the prior quarter, total delinquencies for Q3 decreased by 10 bps compared to prior year, primarily driven by: 1) continued growth in low-risk, secured borrowings; and 2) tighter credit and underwriting measures implemented over the past year in response to persistent weak macroeconomic conditions • Benefitting from enhanced collections activity, with late-stage delinquency rate declining from peak in Q1 2025 (3.3%) to 2.8% for Q3 2025 NET CHARGE OFFS TOTAL DELINQUENCY 1-90 days 90+ days 9.2% 9.1% 8.9% 8.8% 8.9% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 7.4% 7.5% 6.9% 6.7% 7.3% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 2025 HIGHLIGHTS
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7.4% 7.6% 7.9% 7.9% 8.1% 9.2% 9.1% 8.9% 8.8% 8.9% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Provision Rate PRUDENT PROVISIONING AND ADDING TO ALLOWANCES 20 ($ in millions except percentages) INCREASING PROVISION RATE BUILDING ALLOWANCE FOR CREDIT LOSSES • Allowance for credit losses increased by $118M YoY , reflecting higher growth in consumer loans receivable and changes in provision rate • Provision rate increased QoQ from 7.92% to 8.13% in response to higher early-stage delinquencies attributable to persistent weak macroeconomic conditions • In 2025 YTD goeasy has set aside $92M in incremental provisions with total allowances for credit losses now $442 million at Q3 Net Charge Off Rate Q3 2025 HIGHLIGHTS $324 $350 $376 $404 $442 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25
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BORROWER ASSISTANCE TOOLS - OVERVIEW 21 BORROWER ASSISTANCE TOOLS ARE MANAGED THROUGH A RANGE OF OPERATIONAL AND SYSTEM CONTROLS AND GOVERNANCE TOOL HOW / WHEN USED CUSTOMER HARDSHIP Partial Payment Requires a substantial portion of loan payment Payment Deferral Provides temporary payment relief Standard Term Extension Extends loan term to support lower payments Adjustment of Terms/ Restructure Extends loan term and temporarily reduces interest rate to support lower payments • Facilitates prioritization of goeasy loan repayment • Provides solutions for customers experiencing degrees of financial hardship PURPOSE • Customer risk classification is adjusted for tool use resulting in an increase in allowance for credit loss IMPACT Shorter- Term Longer- Term 1. Approximately 10% of goeasy customers utilize a borrower assistance tool in a given month 2. Borrower assistance tool use optimized in response to changes in the macroeconomic environment and our risk appetite TAKEAWAYS
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FUTURE OUTLOOK
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QUARTERLY OUTLOOK 23 KEY PERFORMANCE INDICATOR Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Outlook Gross consumer loan portfolio growth (MM) $255 $203 $190 $313 $336 $250 to $275 Total yield on consumer loans (including ancillary products) 1 33.2% 33.6% 31.3% 31.8% 31.4% 30.5% to 31.5% Net charge offs as a percentage of average gross consumer loans receivable 9.2% 9.1% 8.9% 8.8% 8.9% 8.75% to 9.75% 1. This is a non-IFRS ratio. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies.
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3-YEAR FORECAST 24 KEY PERFORMANCE INDICATOR 2025 2026 2027 Gross consumer loans receivable at year end $5.40 to $5.70 billion $6.40 to $6.70 billion $7.35 to $7.75 billion Total Company revenue $1.62 to $1.82 billion $1.80 to $2.00 billion $2.00 to $2.20 billion Total yield on consumer loans (including ancillary products)1 31.0% to 32.5% 29.0% to 31.0% 29.0% to 31.0% Net charge offs as a percentage of average gross consumer loans receivable 7.75% to 9.75% 7.5% to 9.5% 7.5% to 9.5% Total Company operating margin 41%+ 42.5%+ 43%+ Return on equity 23%+ 23%+ 23%+ 1. This is a non-IFRS ratio. Refer to“ Non-IFRS and Other Financial Measures“ section on page 32 of this presentation Note: Non-IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies. CONSISTENT WITH PAST PRACTICE, 3-YEAR FORECAST UPDATE TO BE PROVIDED IN CONNECTION WITH Q4 RESULTS
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Q & A
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APPENDIX
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CONSOLIDATED INCOME STATEMENTS 27 ($ in thousands) Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 YTD 24 YTD 25 REVENUE Interest income 282,665 304,363 295,829 315,485 328,045 817,459 939,359 Lease revenue 23,439 23,213 22,242 21,822 21,250 72,194 65,314 Commissions earned 69,703 71,092 68,187 73,621 79,372 204,634 221,180 Charges and fees 7,388 6,517 5,603 7,383 11,548 23,817 24,534 383,195 405,185 391,861 418,311 440,215 1,118,104 1,250,387 OPERATING EXPENSES BAD DEBTS 121,092 128,978 131,023 136,383 157,162 338,786 424,568 OTHER OPERATING EXPENSES Salaries and benefits 44,311 50,461 49,463 52,112 51,455 151,330 153,030 Share-based compensation 3,894 1,051 4,441 5,706 3,594 12,484 13,741 Technology costs 9,960 9,798 12,220 12,583 10,943 28,290 35,746 Advertising and promotion 6,768 9,271 8,686 8,338 7,132 23,708 24,156 Underwriting and collection 4,944 6,416 7,162 8,671 9,891 14,835 25,724 Occupancy 5,078 5,060 5,672 5,330 5,388 15,572 16,390 Other expenses 6,249 8,298 7,681 7,567 7,866 25,399 23,114 81,204 90,355 95,325 100,307 96,269 271,618 291,901 DEPRECIATION AND AMORTIZATION 21,218 20,797 20,523 20,559 20,593 63,098 61,675 TOTAL OPERATING EXPENSES 223,514 240,130 246,871 257,249 274,024 673,502 778,144 OPERATING INCOME 159,681 165,055 144,990 161,062 166,191 444,602 472,243 OTHER INCOME (LOSS) 4,165 6,105 - - (1,800) (2,973) (1,800) FINANCE COSTS (47,850) (71,645) (89,651) (43,033) (118,767) (153,847) (251,451) INCOME TAX EXPENSE 31,056 25,690 15,940 31,486 12,534 78,497 59,960 NET INCOME 84,940 73,825 39,399 86,543 33,090 209,285 159,032 ADJUSTED NET INCOME 1 75,123 77,399 60,039 68,457 68,926 212,743 197,421 1. This is a non-IFRS measure. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation Note: Non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies
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CONSOLIDATED BALANCE SHEETS 28 ($ in thousands) Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 ASSETS Cash 151,056 251,381 180,832 254,494 501,914 Consumer loans receivable, net 4,179,169 4,366,533 4,555,358 4,858,147 5,169,753 Investment 58,491 41,918 41,918 41,918 40,118 Lease assets 41,312 40,973 38,665 37,485 36,121 Property and equipment, net 33,516 35,004 33,579 32,270 31,271 Intangible assets, net 112,308 110,979 107,080 105,603 103,740 Goodwill 180,923 180,923 180,923 180,923 180,923 Right-of-use assets, net 55,032 54,224 52,732 51,577 50,698 Other assets 1 80,513 112,601 138,440 63,970 89,802 TOTAL ASSETS 4,892,320 5,194,536 5,329,527 5,626,387 6,204,340 LIABILITIES AND SHAREHOLDERS' EQUITY Liabilities Accounts payable and other liabilities 78,227 156,903 126,457 75,681 80,597 Revolving credit facility 47,483 21,797 164,610 170,924 (2,264) Notes payable 1,937,165 2,413,795 2,440,141 2,823,448 3,719,872 Revolving securitization warehouse facilities 1,246,660 1,073,876 1,134,628 987,112 857,239 Secured borrowings 136,151 120,335 107,402 97,795 91,625 Other liabilities 1 253,893 206,767 203,874 259,118 226,392 TOTAL LIABILITIES 3,699,579 3,993,473 4,177,112 4,414,078 4,973,461 TOTAL SHAREHOLDERS’ EQUITY 1,192,741 1,201,063 1,152,415 1,212,309 1,230,879 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,892,320 5,194,536 5,329,527 5,626,387 6,204,340 1. These are non-IFRS measures. Refer to“ Non-IFRS and Other Financial Measures” section on page 29 of this presentation Note: Non-IFRS measures are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies
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NON-IFRS AND OTHER FINANCIAL MEASURES 29 The Company uses a number of financial measures to assess its performance. Some of these measures are not calculated in accordance with International Financial Reporting Standards (IFRS) as issued by International Accounting Standards Board (IASB), are not identified by IFRS and do not have standardized meanings that would ensure consistency and comparability among companies using these measures. The Company believes that non- IFRS measures and other financial measures are useful in assessing ongoing business performance and provide readers with a better understanding of how management assesses performance. These non-IFRS measures and other financial measures are used throughout this earnings presentation and listed in this section. An explanation of the composition of non-IFRS measures and other financial measures can be found in the Company’s MD&A, available on www.sedar.com. • Adjusted net income is a non-IFRS measure. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics Non-IFRS Measures Adjusted Net Income • Adjusted operating income is a non-IFRS measure. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine- month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics Adjusted Operating Income
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NON-IFRS AND OTHER FINANCIAL MEASURES (CONT .) 30 Non-IFRS Measures (Cont.) • Free cash flows from operations before net growth in gross consumer loans receivable is a non-IFRS measure Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non- IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics Free Cash Flows from Operations before Net Growth in Gross Consumer Loans Receivable • Other assets is a non-IFRS measure. The Company defines other assets as the sum of accounts receivable, prepaid expense, deferred tax asset, and derivative financial assets. The Company believes other assets is a relevant measure of the Company’s financial position. Refer to below for reconciliation. Other Assets ($ in thousands) Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Total assets Accounts receivable 39,458 42,438 41,918 42,032 44,910 Prepaid expense 12,031 9,488 15,000 10,346 10,646 Derivative financial assets 29,024 60,675 73,773 6,188 20,656 Deferred income tax assets, net - - 7,749 5,404 10,474 Income taxes recoverable - - - - 3,116 Other assets 80,513 112,601 138,440 63,970 89,802
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NON-IFRS AND OTHER FINANCIAL MEASURES (CONT .) 31 • Other liabilities is a non-IFRS measure. The Company defines other liabilities as the sum of income taxes payable, dividends payable, unearned revenue, accrued interest payable, deferred tax liabilities, net, lease liabilities, and derivative financial liabilities. The Company believes other liabilities is a relevant measure of the Company’s financial position. Refer to below for reconciliation. Non-IFRS Measures (Cont.) Other Liabilities ($ in thousands) Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Total liabilities Income taxes payable 17,060 24,567 5,928 3,109 - Dividends payable 19,658 19,519 23,717 23,461 23,478 Unearned revenue 25,516 25,864 25,710 28,122 29,715 Accrued interest payable 52,556 49,003 62,543 55,178 84,675 Deferred income tax liabilities, net 16,290 4,184 - - - Lease liabilities 63,225 62,164 60,495 59,025 57,835 Derivative financial liabilities 59,588 21,466 25,481 90,223 30,689 Other liabilities 253,893 206,767 203,874 259,118 226,392
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NON-IFRS AND OTHER FINANCIAL MEASURES (CONT .) 32 • Adjusted operating margin is a non-IFRS ratio. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine- month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Non-IFRS Ratios Adjusted Operating Margin • Adjusted diluted earnings per share is a non-IFRS ratio. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Adjusted Diluted Earnings per Share • Adjusted return on equity is a non-IFRS ratio. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine- month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Adjusted Return on Equity
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NON-IFRS AND OTHER FINANCIAL MEASURES (CONT .) 33 • Adjusted other operating expenses (Opex) is a non-IFRS measure. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Non-IFRS Ratios (Cont.) Adjusted Other Opex / Average Loan Book • Adjusted other opex / average loan receivables are non-IFRS ratios. Refer to table below for reconciliation ($ in thousands) Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Adjusted other operating expenses $88,640 $97,885 $102,216 $107,162 $102,961 Divided by average loan book $4,314,520 $4,536,022 $4,709,745 $4,977,757 $5,323,728 Annualized Adjusted other opex / average loan book 8.2% 8.6% 8.7% 8.6% 7.7% • Efficiency ratio is a non-IFRS ratio. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Efficiency Ratio
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NON-IFRS AND OTHER FINANCIAL MEASURES (CONT .) 34 Non-IFRS Ratios (Cont.) • Adjusted return on tangible common equity (ROTCE) is a non-IFRS ratio. Refer to 1) “Key Performance Indicators and Non-IFRS Measures” section on page 31 of the Company’s MD&A for the three and nine-month periods ended September 30, 2025 for Q3 25, Q3 24, YTD 25, and YTD 24 metrics, 2) “Key Performance Indicators and Non-IFRS Measures” section on page 30 of the Company’s MD&A for the three and six-month periods ended June 30, 2025 for Q2 25, and Q2 25 metrics, 3) “Key Performance Indicators and Non-IFRS Measures” section on page 24 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 metrics, and 4) “Key Performance Indicators and Non-IFRS Measures” section on page 42 of the Company’s MD&A for the three-month period and year ended December 31, 2024 for Q4 24 metrics. Adjusted Return on Tangible Common Equity • Total yield on consumer loans (including ancillary products) is a non-IFRS ratio. Refer to 1) “Portfolio Analysis” section on page 20 of the Company’s MD&A for the three and nine- month periods ended September 30, 2025 for Q3 25, 2) “Portfolio Analysis” section on page 19 of the Company’s MD&A for the three-month period ended June 30, 2025 for Q2 25 and Q2 24 metrics, 3) “Portfolio Analysis” section on page 13 of the Company’s MD&A for the three-month period ended March 31, 2025 for Q1 25 and Q1 24 metrics, 4) “Portfolio Analysis” section on page 31 of the Company’s MD&A for the year ended December 31, 2024 and Q4 24 Total Yield on Consumer Loans as a Percentage of Average Gross Consumer Loans Receivable • Debt to adjusted tangible equity is a capital management measure. Refer to “Financial Condition” section on page 42 of the Company’s MD&A for the quarter-ended September 30, 2025 for Q3 25 metric Capital Management Measures Debt to Adjusted Tangible Equity • Weighted average interest rate is a supplementary financial measure. It Is calculated as the sum of individual loan balance multiplied by interest rate divided by gross consumer loans receivable Supplementary Financial Measures Weighted Average Interest Rate