Slides
Page 1
INVESTOR PRESENTATION SECOND QUARTER 2026 AUGUST 7 , 2026 goeasy
Page 2
2 Important Information This presentation includes forward - looking statements about goeasy Ltd. (the “Company”) 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, p lan ned capital expenditures, anticipated capital requirements and the Company’s ability to secure sufficient capital, liquidity of the Company, plans and references to future op erations and results, critical accounting estimates, expected future yields and net charge off rates on loans, the dealer relationships, the size and characteristics of the Canad ian 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”, “b elieve”, “budget”, “estimate”, “forecast”, “foresee”, “target” or negative versions thereof and similar expressions, and/or state that certain actions, events or results “may”, “c oul d”, “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 bu siness prospects and are inherently subject to, among other things, risks, uncertainties and assumptions about the Company’s operations, economic factors and the industr y g enerally. 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 expr essed 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 for ward - 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 lo cations on favourable terms, offer products which appeal to customers at a competitive rate, respond to changes in legislation, react to uncertainties rel ate d to regulatory action, raise capital under favourable terms, compete, manage the impact of litigation (including shareholder litigation), control costs at all levels of th e 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 mat erially 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 Manag ement’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 statem ents, 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 - lookin g statements whether as a result of new information, future events or otherwise, unless required by law. Caution Regarding Forward - Looking Statements
Page 3
3 Important Information The Company particularly cautions that the Q3 2026 outlook and full year 2026 commentary presented below under the heading “O utl ook” (the “2026 Outlook Information”) constitutes forward - looking information and that in formulating its outlook, the Company makes a series of assumptions, which in clude, but are not limited to, assumptions about Environmental Conditions (Stability in the macroeconomic environment; Continued demand for non - prime credit across); Portfolio G rowth (Loan originations adjust as underwriting criteria are tightened, particularly within indirect channels); Liquidity & Funding (The Company prioritizes liq uid ity and covenant compliance; Continued access to funding at acceptable rates; Continued strong free cash flow from its existing portfolio); Revenue Yield (Portfolio yield exp ect ed to be negatively impacted by bad debts on interest receivable; Business mix shift to include more unsecured personal loan originations at higher yields; Total portfolio yield a nd net charge off as a percentage of gross consumer loans receivable on its lending products are as estimated in the Company’s budget and strategic plan); Credit Performance (Ne t c harge offs as a percentage of gross consumer loans receivable perform in line with the Company’ budget and forecasts generated through the use of its proprietary credit a nd underwriting models; The mixture of customers acquired through each of the Company’s acquisition channels and the mixture of new and existing borrowers are as estimated in th e Company’s forecast); Investment Performance (No material changes are assumed in the fair value of investments, and no forecast is made regarding the timing o f r ealization of the investment portfolio); and Mergers and Acquisitions (No mergers or acquisitions are contemplated within the outlook period). These assumptions and expec tat ions are subject to a number of risks, including the following, as well as those set out the section entitled “Risk Factors” in the Company’s MD&A: Environmental & Mar ket Conditions (Uncertainty in consumer demand or broader economic conditions may adversely impact loan originations and portfolio performance; Deterioration in employment lev els or economic stability could negatively affect credit performance and increase net charge off rates; Competitive dynamics or pricing pressures may impact margins and gr owth); Access to Capital & Funding (The Company’s ability to access capital on acceptable terms and maintain adequate liquidity to support operations and strategic p rio rities); Regulatory Environment (Changes to laws and regulations governing consumer lending that could impact product offerings, pricing or operations); Credit Performance (A ma terial increase in net charge off as a percentage of gross consumer loans receivable beyond expectations, including adverse performance from prior vintages or new originations ); and Operating Execution (The Company’s ability to successfully execute on its Action Plan, including underwriting changes, and operating model alignment and platform consol ida tion; Risks associated with transitioning originations and customer portfolios toward the easyfinancial platform). The 2026 Outlook Information constitutes targets established by the Company and is subject to change as plans and business conditions vary. Accordingly, investors are cautioned not to place undue reliance on the 2026 Outlook Info rma tion. Actual results may differ materially. Caution Regarding Forward - Looking Statements
Page 4
4 Important Information As previously disclosed, subsequent to the year - ended December 31, 2025, the Company identified errors in certain financial information for prior periods, which has c aused the Company to restate its financial information as at and for those prior periods. All financial information for the periods ending March 31, June 30 and September 30, 2025 included in this investor presentation reflects such restatement. For more information, see (i) the Company’s management’s discussion and analysis for the quarter ended June 30, 2026 (“Q2 2026 MD&A”) section entitled “Restatement of Prior Period Financial Information” and Note 2 to the consolidated financial statements for the quarter ended June 30, 2026 ; and (ii) the Company’s management’s discussion and analysis for the year ended December 31, 2025 (“2025 MD&A”) sections entitled “Restatement of Prior Period Financial Information” and “Restatement Impact on Interim Financial Informatio n” and Note 2 to the consolidated financial statements for the year ended December 31, 2025 . All financial information for the periods ending March 31, June 30 and September 30, 2024 and 2025 included in the 2025 MD&A section entitled “Restatement Impact on Interim Financial Information” supersedes the corresponding information previously included in the Company’s previously filed financi al statements for such interim periods. All financial information for the period ending June 30, 2025 included in the Q2 2026 MD&A section entitled “Restatement Impact on Interim Financial Information” also supersedes the corresponding information previously included in the Company’s previously filed financial statements for such interim period. A ny superseded information should no longer be relied upon. Restatement of Historical Financial Information
Page 5
5 Patrick Ens Chief Executive Officer
Page 6
6 Strategic Progress Financial Performance Credit Update • Adj. diluted EPS 1 of $1.02 in Q2 2026 down from adj. diluted EPS 1 of $4.40 in Q2 2025, but up from adj. diluted loss per share 1 of $1.90 in Q1 2026 • Ending gross consumer loans receivable of $5.00B down 2.1% YoY and down 6.8% QoQ • Continued strength in cash provided by operating activities before net principal written 2 in Q2 2026 of $585.4M up from $489.1M in Q2 2025 • Applied tighter credit measures to the merchant - originated loan portfolios and moderated direct - to - consumer loan originations to manage liquidity • Improved debt - to - adjusted tangible equity ratio 3 to 4.95x as at June 30, 2026, from 5.30x as at March 31, 2026 • Repaid full balance outstanding on revolving credit facility and regained access to incremental draws on Revolving Credit Facility effective July 1 • Satisfied audit condition precedent on Securitization Warehouse Facility I • Net charge off rate 1 of 16.7%, up 800 bps YoY, but down from 17.8% in Q1 2026 • Delinquencies down 100 bps YoY with lower gross consumer loans receivable over 30 days past due; down 40 bps QoQ with slight decrease in both loans 1 - 30 and over 30 days past due • Net change in allowance for credit losses on gross consumer loans of ($41.6) million, compared to $21.0 million in the same period of 2025, a YoY decrease of $62.6 million Key Takeaways 1. These are non - IFRS ratios. Refer to“ Non - IFRS and Other Financial Measures” section in the Appendix of this presentation 2. This is a non - IFRS measure. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation 3. This is a capital management measure. Refer to “Non - IFRS and Other Financial Measures” section in the Appendix of this presentat ion Note: Non - IFRS measures and 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
Page 7
7 Q2 2026 Q2 2025 YoY ∆ Gross consumer loans receivable (M)1 $5,000.7 $5,107.6 (2.1%) Originations (M) $272.0 $903.7 (69.9%) Revenue (M) $390.0 $431.3 (9.6%) Bad debts (M) $179.7 $142.7 25.9% Operating income/(loss) (M) $99.6 $167.7 (40.6%) Net income/(loss) (M) $15.9 $91.5 (82.7%) Diluted earnings/(loss) per share $0.96 $5.49 (82.5%) Return on equity 7.9% 31.4% (74.8%) Book value per share1,2 $49.65 $74.53 (33.4%) Adjusted operating income (M)3 $102.9 $171.1 (39.9%) Adjusted net income/(loss) (M)3 $16.8 $73.4 (77.1%) Adj. diluted earnings/(loss) per share4 $1.02 $4.40 (76.8%) Adjusted return on equity4 8.4% 25.2% (66.7%) 7 1. At period end 2. Book value per share is calculated as total shareholders’ equity divided by common shares issued and outstanding as of the en d o f the period 3. These are non - IFRS measures. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation 4. These are non - IFRS ratios. Refer to“ Non - IFRS and Other Financial Measures” section in the Appendix of this presentation Note: Non - IFRS measures and non - IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies Q2 2026 Performance Notes • YoY decrease in gross consumer loans receivable across product and acquisition channels driven by credit tightening to manage liquidity • Profitability in the quarter was impacted by lower yields and elevated credit losses ($ in millions except percentages and per share amounts. Restated, where applicable.)
Page 8
8 Action Item Q2 2026 Progress Update 1 Focusing growth on easyfinancial channels • Direct-to-consumer loans, including easyfinancial and easyhome, now represent 60% of total portfolio, up from 57% at Q4 2025 2 Reducing LendCare originations • Very significant reduction in indirect channel originations in Q2 2026 YoY • Maintaining small volume of originations with select group of merchant partners 3 Integrating like functions across business units • New COO joined in June 2026 to oversee the consolidation of key functions including Loan Processing, Customer Service, Collections and Administration 4 Delivering operational and cost efficiencies • Created Operations Centre of Excellence to support clearer accountability and more consistent oversight across core operations • Announced closure of a regional office in June 2026 5 Strengthening LendCare • Improving in line with expectations, including net charge offs • Continuing to evaluate performance and long-term strategy of the merchant- originated loan portfolios 6 Bolstering balance sheet and liquidity • Regained access to incremental draws on Revolving Credit Facility on July 1 • Satisfied audit condition precedent and advanced steps to replace backup servicer to restore access to Securitization Warehouse Facility I Further Progress Against Our 6 - Point Plan Concrete steps being taken against 6 - point plan with results realized across the organization
Page 9
9 Key Performance Indicator Q2 2026 Outlook Q2 2026 Results Gross consumer loans receivable at period end $4.9B to $5.1B $5.0B Consistent with outlook Total yield on consumer loans (including ancillary products) 1 27.0% to 28.5% 28.3% Consistent with outlook Net charge offs as a percentage of average gross consumer loans receivable (annualized) 1 16.0% to 17.5% 16.7% Consistent with outlook 1. These are non - IFRS ratios. Refer to “Non - IFRS and Other Financial Measures” section in the Appendix of this presentation Q2 Results Compared to Outlook Note: Non - IFRS measures and non - IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies
Page 10
10 easyfinancial Direct Channels and easyhome Lending Comprise 60% of Portfolio; LendCare Indirect Channel Comprises 40% Direct - to - Consumer Channels are a Growing Share of the Portfolio Operating Segment Reporting Segment Channel Type Direct - to - Consumer Direct - to - Consumer Merchant - Originated Direct - to - Consumer Gross Loans Receivable ($M) | Percent of Portfolio 1 Unsecured Personal Secured Personal A uto , Powersports, Point of Sale Personal Leasing Services & Lending 1. As at quarter end for the period indicated $2,087 $2,245 $520 $604 $2,362 $1,987 $138 $165 40.9% 44.9% 10.2% 12.1% 46.2% 39.7% 2.7% 3.3% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
Page 11
11 Operating Segment easyfinancial Unsecured easyfinancial Secured LendCare Channel Type Direct - to - Consumer Direct - to - Consumer Merchant - Originated 3 Weighted - Average Interest Rate of Originations 2 Net charge offs ($M) | Net charge offs as a percentage of avg. loans receivable (annualized) 4,5 Stable Q2 weighted average interest rate; higher net charge offs in the unsecured direct - to - consumer portfolio Higher Q2 net charge offs relative to prior year period but down QoQ Continued Improvement in Merchant - Originated Performance 1 1. Slide reflects easyfinancial reporting segment. 2. Dollar - weighted average interest rate of originations in the quarter indicated. 3. Lendcare weighted - average interest rate of originations for secured loans. 4. This is a non - IFRS ratio. Refer to “Non - IFRS and Other Financial Measures” section in the Appendix of this presentation. 5 . Net charge offs on gross consumer loans receivable ($M) | Net charge offs as a percentage of average gross consumer loans rec eiv able (annualized). $67 $96 $1 $1 $37 $106 13.0% 17.0% 0.6% 0.9% 6.5% 20.6% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 0% 10% 20% 30% 40% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
Page 12
12 Felix Wu Chief Financial Officer
Page 13
13 YTD 2026 YTD 2025 YoY ∆ Gross consumer loans receivable (M)1 $5,000.7 $5,107.6 (2.1%) Originations (M) $823.4 $1,508.5 (47.9%) Revenue (M) $802.9 $836.3 (4.0%) Bad debts (M) $446.9 $287.8 55.3% Operating income/(loss) (M) $128.5 $311.8 (58.8%) Net income/(loss) (M) ($37.1) $130.2 (128.5%) Diluted earnings/(loss) per share ($2.26) $7.73 (129.2%) Return on equity (9.1%) 22.2% (141.0%) Book value per share1,2 $49.65 $74.53 (33.4%) Adjusted operating income (M)3 $139.8 $318.5 (56.1%) Adjusted net income/(loss) (M)3 ($14.5) $132.7 (111.0%) Adj. diluted earnings/(loss) per share4 ($0.88) $7.88 (111.2%) Adjusted return on equity4 (3.6%) 22.7% (115.9%) 13 1. At period end 2. Book value per share is calculated as total shareholders’ equity divided by common shares issued and outstanding as of the en d o f the period 3. These are non - IFRS measures. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation 4. These are non - IFRS ratios. Refer to“ Non - IFRS and Other Financial Measures” section in the Appendix of this presentation Note: Non - IFRS measures and non - IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies YTD 2026 Performance Notes • YTD net loss reflects the cumulative impact of elevated credit losses and lower yields • Higher YTD bad debts driven primarily by net charge offs on late - stage delinquent merchant - originated auto and powersports loans ($ in millions except percentages and per share amounts. Restated, where applicable.)
Page 14
14 Gross Consumer Loans Receivable 1 v Slowing Originations Lowered Loans Receivable to Manage Liquidity ($ in millions) $904 $946 $952 $551 $272 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 $5,108 $5,445 $5,513 $5,363 $5,001 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Gross Loan Originations Q2 2026 Highlights • Originations of $272M during the quarter represented a decrease of 69.9% YoY • Decline in gross loans receivable YoY driven by credit tightening measures applied to the merchant - originated loan portfolio and a moderation in direct - to - consumer loan originations, implemented to manage liquidity 1. At period end
Page 15
15 v Revenue Impacted by Portfolio Decrease; Yield Improving QoQ ($ in millions except percentages) Q2 2026 Highlights • Decline of 9.6% YoY in revenue primarily driven by the decrease in average consumer loans receivable and lower total yield on consumer loans (including ancillary products) • YoY decrease in total yield primarily a result of higher ACL on interest receivable, credit tightening in loan originations, impact of the lowered maximum allowable rate of interest, and higher proportion of larger dollar value loans 1. Including ancillary products. This is a non - IFRS ratio. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation Total Yield On Consumer Loans 1 $431 $454 $406 $413 $390 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 31.7% 31.5% 26.6% 27.9% 28.3% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Total Revenue Note: Non - IFRS measures and 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
Page 16
16 OPERATING INCOME 1 OPERATING INCOME 1 Ongoing Focus on Cost Containment • Other operating expenses of $91.0M, a decrease of $9.3M (9.3%), compared to Q2 2025 • Decrease in other operating expenses mainly driven by lower marketing expense and decline in total compensation expense • Relatively flat efficiency ratio 1 , despite lower revenue YoY Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Operating margin 38.9% 35.2% (69.7%) 7.0% 25.5% Adjusted operating margin 1 39.7% 36.0% (29.5%) 8.9% 26.4% 16 1. These are non - IFRS ratios. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation Note: Non - IFRS measures and non - IFRS ratios are not determined in accordance with IFRS, do not have standardized meanings and may not be comparable to similar financial measures presented by other companies 25.6% 23.3% 25.0% 24.5% 25.5% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Efficiency Ratio 1
Page 17
17 • Operating income decreased primarily due to lower total yield on consumer loans (including ancillary products) and elevated c red it losses • Diluted earnings per share declined YoY due to lower operating income and higher cost of borrowing 1. This is a non - IFRS measure. Refer to“ Non - IFRS and Other Financial Measures” section in the Appendix of this presentation 2. This is a non - IFRS ratio. Refer to“ Non - IFRS and Other Financial Measures“ section in the Appendix of this presentation ($ in millions except per share amounts) Q2 2026 Highlights Diluted Earnings (Loss) Per Share $168 $160 ($283) $29 $100 $171 $163 ($120) $37 $103 Q2 25 Q3 25 Q1 26 Q2 26 Reported Adjusted Operating Income (Loss) Note: Non - IFRS measures and 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 Q4 25 1 $5.49 $1.70 ($20.49) ($3.22) $0.96 $4.40 $3.84 ($8.93) ($1.90) $1.02 Q2 25 Q3 25 Q2 26 Reported Adjusted Q4 25 2 Q1 26 Improved Operating Income and Return to Positive Earnings Per Share
Page 18
18 Elevated Net Charge Offs, But Down Sequentially • Net charge offs increased by 800 bps YoY to 16.7% in Q2 2026, from 8.7% in Q2 2025, but declined 110 bps QoQ from 17.8% in Q1 2026 • Increase YoY resulting from higher charge offs in the merchant - originated automotive and powersports loan portfolios, higher charge offs in the direct - to - consumer portfolio and lower average gross consumer loans receivable 1. This is a non - IFRS ratio. Refer to “Non - IFRS and Other Financial Measures” section in the Appendix of this presentation $109 $119 $331 $243 $213 8.7% 9.0% 23.8% 17.8% 16.7% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Net Charge Offs 1 ($ in millions except percentages)
Page 19
19 Charge Offs Reduced Late - Stage Delinquencies Gross Consumer Loans Receivable Past Due • T otal gross consumer loans receivable past due down 100 bps YoY • 1 - 30 days category increased 130 bps YoY due to elevated credit risk performance in merchant - originated auto and powersports loans, an increased focus on cash collections in the unsecured portfolio, and persistent weak macro - economic conditions • Over 30 days decreased 230 bps YoY primarily due to incremental charge offs recognized from the fourth quarter of 2025 to the second quarter of 2026 related to certain late - stage delinquent merchant - originated auto and powersports loans 12.9% 15.0% 12.2% 12.3% 11.9% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 1 - 30 days 31 - 90 days 91 - 180 days 180+ days Total
Page 20
20 Lower ACL With Decrease in Loans Receivable Allowance for Credit Losses • The rate of allowance for expected credit losses decreased QoQ from 10.09% to 9.99%, driven primarily by favourable changes in the macroeconomic outlook incorporated into the Company’s IFRS 9 expected credit loss model • Net change in allowance for credit losses on gross consumer loans was ($41.6M), compared to $21.0M in Q2 2025 primarily due to the release of provision for credit losses resulting from the decline in gross consumer loans receivable during Q2 ($ in millions except percentages) $407 $456 $527 $541 $500 8.02% 8.37% 9.57% 10.09% 9.99% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Allowance for credit losses Rate of allowance for expected credit losses
Page 21
21 • goeasy’s existing consumer loan portfolio generates significant cash flow • Annually, approximately 30 - 40% of the loan book amount comes back through principal and interest payments • By controlling the pace of originations, management has significant flexibility to manage liquidity • Future loan book growth will be calibrated to align with availability of funding Cash Provided by Operating Activities Before Net Principal Written 1 Continued to Generate Strong Organic Cash Flow ($ in millions) 1. This is a non - IFRS measure. Refer to“ Non - IFRS and Other Financial Measures” section in the Appendix of this presentation Note: Non - IFRS measures and 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 $489 $624 $538 $560 $585 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
Page 22
22 Balance Sheet & Capital Allocation Update • Preserve and grow liquidity while working to improve funding availability and flexibility • Used cash to repay US$64.6M senior unsecured notes at maturity and repaid full $314.0M drawn on revolving credit facility • Prioritize covenant compliance • Prudent loan originations • Dividend suspended and share repurchases on hold Capital Allocation Priorities Liquidity First • As of June 30, 2026, goeasy had liquidity (cash on hand plus unused contractual borrowing capacity) of $1.37B, of which $1.06B was not available to be drawn by the Company • On July 1, 2026, goeasy regained the ability to make incremental draws on the $550M RCF • Received lender approval of the audit report for Securitization Warehouse Facility I, satisfying the related condition precedent; advanced steps to replace the backup servicer • No near - term maturities • 85% of drawn debt unsecured • 100% of drawn debt has fixed / hedged rates • 6.8% average blended coupon interest rate as at June 30, 2026 Key Messages • In compliance with all RCF covenants as at June 30, 2026 • Not subject to financial covenant compliance, and in compliance with all other applicable covenants for Securitization Warehouse Facility I as at June 30, 2026 Covenant Compliance
Page 23
Outlook
Page 24
24 Key Performance Indicator Q3 2026 Outlook Full Year 2026 Commentary Gross consumer loans receivable at period end $4.8B to $5.0B Expected to be broadly in line with Q2 levels Total yield on consumer loans (including ancillary products) 2 26.5% to 28.0% Expected to be broadly in line with H1 results Net charge offs as a percentage of average gross consumer loans receivable (annualized) 2 14.5% to 16.0% Expected to be in the mid - teens for full year 2026; improvement expected to continue as the year progresses 1. The outlook is qualified in its entirety by the cautionary language regarding forward - looking statements found in the “Caution R egarding Forward - Looking Statements” of the Q2 2026 MD&A 2. These are non - IFRS ratios. Refer to “Non - IFRS and Other Financial Measures” section in the Appendix of this presentation Outlook 1 Updated full year 2026 commentary reflecting latest outlook for balance of year Note: Non - IFRS measures and 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
Page 25
Questions?
Page 26
Appendix
Page 27
27 Balance Sheet Overview Debt Summary as at June 30, 2026 Debt $M % Unsecured C$3,727 85% Secured C$662 15% Total C$4,389 100% Liquidity ($ Millions) Q2 26 Cash $312 Revolver $550 Main Warehouse $507 Total Contractual Liquidity $1,369 1. Carrying values as at June 30, 2026. 2. Add - on issued at 101.875 to yield 7.07% USD then swapped to CAD at a 69 bps discount to USD. 3. Add - on issued at 99.75. 4. At the Company’s discretion; additional details available in note to Q2 2026 financial statements. As of June 30, 2026, goeasy had contractual liquidity of $1.37B, of which $1.06B was unavailable to draw. On July 1, 2026, goeasy regained ability to make incremental draws on RCF. Description Maturity CAD Rate Amt (C$M) 1 Senior Unsecured Notes US$550M 9.25% Issued 11/2023 12/2028 8.79% (Swapped) 778 US$400M 7.625% Issued 02/2024 07/2029 7.20% (Swapped) 855 US$200M 7.625% (Add - on) Issued 07/2024 6.94% (Swapped) 2 US$400M 6.875% Issued 11/2024 05/2030 5.98% (Swapped) 568 C$150M 6.00% Issued 11/2024 05/2030 6.00% 3 323 C$175M 6.00% (Add - on) Issued 08/2025 US$400M 7.375% Issued 04/2025 10/2030 6.03% (Swapped) 567 US$450M 6.875% Issued 08/2025 02/2031 6.11% (Swapped) 636 Securitization Facilities C$1.12B Main Warehouse 10/2026 Adjusted CORRA + 310 bps 611 LendCare Secured Borrowings CWB: Terminated in June SLC: Annual 1 Yr Renewals CWB: GOCB +395 bps SLC: GOCB +310 bps 55 Senior Secured Revolving Credit Facility C$550M Revolving Credit Facility 07/2027 Prime +175 bps or CORRA +325 bps 4 (3)
Page 28
28 Updated Debt Covenants & Leverage In Compliance with all Debt Covenants, Including those of the Senior Unsecured Notes 1. Covenant also applies to Securitization Warehouse Facility I effective March 24, 2026. 2. Debt to adjusted tangible equity is a capital management measure used to ensure the Company is prudently managing its leverag e, supporting its ability to meet long - term funding obligations ($ in Millions) Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Revolver Covenants 1. Leverage Ratio 6.43 Threshold (Max) 7.00 6.80 6.60 6.25 6.10 2. Fixed Charge Coverage Ratio 1 Ratio N/A Threshold (Min) Waived Waived Waived 1.00 1.25 3. TTM EBIT EBIT $232 Threshold (Min) $185 $139 $280 Waived Waived 4. Minimum Liquidity Minimum Liquidity $589 Threshold (Min) $175 $175 $175 $175 $175 5. Net Charge Off Ratio 16.9% Threshold (Max) 20.0% 20.0% 17.5% 17.5% 17.5% Debt - To - Adjusted Tangible Equity 2 4.95
Page 29
29 Non - IFRS & Other Financial Measures 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 discusses these measures because it believes that they facilitate the understanding of the results of its operations and financial position. For an explanation of the composition of non - IFRS measures and other financial measures, refer to the “Key Performance Indicators and Non - IFRS Measures” section of the Company’s management’s discussion and analysis for the quarter ended June 30, 2026, available on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.goeasy.com , which is incorporated by reference into this presentation.