Slide 1: Company Update Q3FY25
COMPANY UPDATE Q3FY25 APRIL 2025 1
Slide 2: Set up for sustainable growth
SET UP FOR SUSTAINABLE GROWTH Disciplined loan Structural tailwinds Investment Strong capital origination and creating business in automation and funding book growth opportunities creating supports with improved efficiencies growth asset quality outlook and attractive outlook Reflecting strong year-
Slide 3: Key Q3FY25 results
KEY Q3FY25 RESULTS LENDING FINANCIAL CAPITAL CUSTOMER $111M 11.25% $22.4M Well capitalised with unrestricted cash of $47.5M New loan originations Portfolio yield Revenue additional loan $22.5M repayments3 made via one-time payment ↑115% Q3FY24 $51.6M feature ↑19% Q2FY25 $93.5M ↑54 bps Q3FY24
Slide 4: Wisr at a glance
WISR AT A GLANCE Since 2018, Wisr has supported Australians in reaching their personal and financial goals 68K total number of customers supported 1 We are a sophisticated, purpose-built fintech lender with a proven track record of executing in the debt capital markets 2 3 1 warehouses active term
Slide 5: Automation to scale
AUTOMATION TO SCALE Automation of loan approval Industry-leading arrears New cloud native and verification processes management platform driving loan ledger platform losses improvement ● 79% of loans CREDIT DECISIONS AUTOMATED ● Supports strong growth and automatically ● New arrears management platf
Slide 6: Well diversified customer base
WELL DIVERSIFIED CUSTOMER BASE Where are our Our customersʼ Why are customers What does the average Wisr customers located? employment status coming to us? loan book customer look like? NT 1% QLD Full-time WA 73% 16% 35% Self-employed 5% Personal Secured loans vehicle loans Part-time 8% Vehicles1 NS
Slide 7: Structural tailwinds
STRUCTURAL TAILWINDS ● The major banksʼ market share of the Personal and Secured Vehicle Share of total household lending with banks1 Lending market continues to decline ● Their focus is Mortgages and Business Lending, away from Personal Lending 74% market share in Dec-19 down to 61% in Dec-24 ● T
Slide 8: Strong and disciplined loan origination growth
STRONG AND DISCIPLINED LOAN ORIGINATION GROWTH ● The Company delivered another consecutive Loan originations quarter of strong loan origination growth in 115% growth Q3FY25 19% growth ● Loan originations increased to $111.0M in Q3FY25, up 115% on Q3FY24 $51.6M) and up 19% on Q2FY25 $93.5M ● Wisr
Slide 9: Return to loan book growth
RETURN TO LOAN BOOK Loan book GROWTH ● Following sustained loan origination momentum, the total loan book has grown for a second consecutive quarter, reaching $777M as at Mar-25 Dec-24 $757M Two consecutive quarters of loan book growth ● Secured vehicle loan book increased 2% to $270M ● Personal
Slide 10: Portfolio yield and credit quality improvement
PORTFOLIO YIELD AND CREDIT QUALITY IMPROVEMENT ● Portfolio yield increased by 54 bps to 11.25% Q3FY24 10.71% ● Portfolio Net Interest Margin (“NIM2ˮ) increased by 36 bps to 5.60% Q3FY24 5.24%) due to improved yield and funding cost ● The quality of Wisrʼs portfolio remains high with its average
Slide 11: Arrears performance improvement
ARREARS Customer credit scores and 90+ day arrears PERFORMANCE IMPROVEMENT ● 90+ day arrears of 1.48%, an improvement of 23 basis points compared to Mar-24 1.71%, and a 7 basis point improvement from Dec-24 1.55%, reflecting improved credit performance and the impact of Wisrʼs new arrears manage
Slide 12: Mature funding program supports growth
MATURE FUNDING PROGRAM SUPPORTS GROWTH ● WH1 Personal Loan WH) has $400M of committed Funding at 31Mar-25 funding $47M undrawn), WH2 Secured Vehicle WH has committed funding of $250M $51M undrawn) ● The corporate facility has committed funding of $50M $15M undrawn) ● Wisr has raised $875M acr
Slide 13: Strongly capitalised
STRONGLY Cash held in warehouses and term deal trusts: ● Undistributed customer loan repayments (principal and interest) CAPITALISED ● Unutilised funds from note subscriptions (predominantly third-party debt) ● Use of funds restricted to funding loans and operating warehouses and term deals e.g. Tru
Slide 14: Executive summary
EXECUTIVE SUMMARY Strong loan origination ✓ Reflecting strong year-to-date performance, Wisr is upgrading its guidance to: growth and 90%+ loan origination growth in FY25 (up from 75% upgraded ✓ Loan originations increased by 115% to $111.0M Q3FY24 $51.6M guidance ✓ Second consecutive quarter o
Slide 15: Questions
QUESTIONS FOR YOUR SMART PART 15
Slide 16: Disclaimer
DISCLAIMER No investment advice or offer of shares Statements about past performance are This presentation does not constitute not necessarily indicative of future investment advice, or an inducement or performance. To the extent required by recommendation to acquire or dispose in law, neither Wisr