Younited Financial S.a. · EURONEXT:YOUNI
Younited Financial — SPAC Merger (October 2024)
12 slides from Younited Financial's SPAC merger presentation, October 2024
Slide 1: Investor Presentation October 2024 Iris Financial
I N V E S T O R P R E S E N TAT I O N OCTOBER 2024 IRIS FINANCIAL
Slide 2: A winning combination between Iris Financial and Younited
A winning combination between Iris Financial and Younited “We are delighted to be announcing our partnership with Younited, one of Europe’s most exciting emerging consumer finance businesses. Younited has a unique, scalable, best-in-class consumer-reviewed technology platform that provides both fast
Slide 3: Transaction Highlights
Transaction Highlights Creation of a leading Younited to accelerate its European consumer credit €150m to €200m capital growth strategy business increase (1), (2) Positive net income by the Closing expected in Q4 ROE of 25%+ by 2027 end of 2025 2024 3 Note: (1) Gross of deal expenses. (2) The amount
Slide 4: Younited is a Leading Instant Credit Provider in Europe
Younited is a Leading Instant Credit Provider in Europe Over €6bn loans financed (1) since 2012 With €1.3bn originations in 2023 Instant credit Over 1.2m cumulated customers (2) Up to €56,000 / 84 months Under 6-min to apply as of end of Dec-23 4 countries across Europe France, Italy, Spain and Port
Slide 5: Younited Key Investment Highlights
Younited Key Investment Highlights Product: leading a new category with Younited’s instant credit leveraging an unmatched positioning 1 Younited offers a unique value proposition providing customers with instant credit up to €56,000 and maturities up to 84 months Tech edge: leveraging unique technol
Slide 6: Younited's History
Younited’s History European Rollout 2012 2016 2017 2018 2020 2022 2023 2024 Critical Technology Developments Switched from Enhanced middle- Starting to develop Built highly advanced traditional decision office tools with Gen-AI solutions to open banking engine to an AI- open-banking data to European
Slide 7: Younited's Competitive Advantage Thanks to its Unique Tech Platform
Younited’s Competitive Advantage Thanks to its Unique Tech Platform SUPERIOR CREDIT UNDERWRITING SMOOTH USER EXPERIENCE SEAMLESS API INTEGRATIONS Instant and automated underwriting model Unique user experience when individuals API technology capabilities have enabled incorporates 1,000+ datapoints,
Slide 8: Talented, Founder-Led Current Management Team
Talented, Founder-Led Current Management Team Charles EGLY Geoffroy GUIGOU Chief Executive Officer Chief Operating Officer Co-founder Co-founder Xavier PIERART Pierre-Marin CAMPENON Romain MAZOUE Stéphane ALIZON Deputy CEO & Chief Financial Officer CEO Partnerships Chief Risk & Data Officer Chief Te
Slide 9: Younited's Strategy Skewed Toward Growth and Profitability
Younited’s Strategy Skewed Toward Growth and Profitability Supported by a significant addition of balance sheet capacity from Iris Financial Cost of Funding Acceleration of loan Further leverage on Improvement origination volume partners to originate Strategic platform for a Growth Profitability bro
Slide 10: Adding Balance Sheet Capacity to Achieve Sustained Profitability
Adding Balance Sheet Capacity to Achieve Sustained Profitability Steps to Profitability in 2027 (€m)(1), (2), (3) Investing €150m to €200m(4) to add balance sheet capacity Delivering the core plan gives Younited: Key: Net Income(2) (NI) • A clear path to profitability in 2025 by: Increased Originati
Slide 11: Deal Structure and Proforma Shareholding
Deal Structure and Proforma Shareholding Proforma shares outstanding(1), (2), (3) Deal structure ▪ The contemplated transaction consists of the business combination of Younited and Iris Financial resulting in Younited being owned by Iris Financial, which will remain listed on Euronext Amsterdam whil
Slide 12: Disclaimer
Disclaimer This document has been prepared solely for information purposes by Iris Financial (the “Company”) to provide the recipient with background information on the Company, its affiliates and their respective businesses, including potential investments which may be contemplated by the Company.