Slide 1: Investor relations presentation
Investor relations _ presentation intrum
Slide 2: Today's presenters
Today's presenters Johan Akerblom President and CEO Masih Yazdi CFO
Slide 3: Q3 highlights
Q3 highlights
Slide 4: Third quarter 2025 highlights
Third quarter 2025 highlights Group development Underlying business performing well, with financial results impacted by one-offs and a thorough review of intangible assets Adjusted EBIT rose by 30% YoY, while EBIT decreased to SEK -583 M, driven by impairments of intangible assets including goodwill
Slide 5: Servicing: Organic growth in out of servicing markets
Servicing: Organic growth in 10 out of 16 servicing markets External servicing income (SEK M) & Organic growth! (%) — External Servicing Income Organic growth oom 3,466 ie - 2911 3,028 979 2916 +3% 2% — 3% -6% 6% ~6% QI 2024 Q2 2024 Q3 2024 Q4 2024 QI 2025 Q2 2025 Q3 2025 Servicing adjusted EBIT (SE
Slide 6: Performance index does not include JVs
• • • Performance index does not include JVs
Slide 7: Financials
Financials
Slide 8: Financial impact from recapitalisation, impairments and IACs
Financial impact from recapitalisation, impairments and [ACs -202 +2,011 809 Pe on { Net financial expense q 1 1 ' ! 1,009 t ' -335 1 H I 158 +396 : : Oo 1 1 1 t ' 2,310 4 1 1 1 1 583 ! ! 1 1-838 ! 1 1 1 1 1 1 1 EBIT i Underlying Recapitalisation! Tax Underlying Net Income Goodwill Other IACs Taxon
Slide 9: Group key financials
Group key financials SEKM Q32025 @32024 Change RTM FY 2024 SEK BN Net Debt [Il RTM Cash EBITDA Leverage ratio. 9 % Income 4,056 4,71 3 17,363 18,033 <x Costs 3,133 -3,650 14 13,256 15,210 60 Impairments -1,600 -668 nm. -2,252 -1,320 L Other 94 20 -370 489 437 T EBIT -583, -127 -359 2,343 1,941 Net i
Slide 10: Downward trend on costs continues
Downward trend on costs continues Total Adjusted Cost, SEK BN 14.7 14.8 14.4 14.4 14.0 13.9 13.4 12.9 125 3.8 37 37 3.6 33 33 33 =a 39 Q3 '23 Q4'23 Ql '24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Note: Total adjusted cost excludesIACs. Total adjusted costs Total adjusted costs RTM * Continued strong cost
Slide 11: Servicing: External income grew organically
Servicing: External income grew organically SEKM Q32025 @3 FY 2024 Adjusted EBIT ste External income 2,916 2,911 ie} 12,389 12,671 Internal income 387 437 12 1,590 1,702 Total income 3,302 3,348 -1 13,977 14,373 Total costs -3,170 -3,028 5 11,258 13,523 742 EBIT -863 -342 -152 1,145 887 Items affect
Slide 12: Changed composition of cash flows means servicing leverage has decreased
Changed composition of cash flows means that servicing leverage has decreased, while total leverage is largely unchanged % Servicing Cash EBITDA (RTM) % Investing Cash EBITDA (RTM) Servicing Leverage* Total Leverage 47x 76% 76% 73% 72% 68% 64% 63% 59% 57% 24% 24% 27% 28% 32% 36% 37% MN% 43% Q3 2023
Slide 13: Investing: Collections above forecast
Investing: Collections above forecast Underwriting returns vs funding costs (RTM) SEK M @32025 Q3 2024 Change % RTM FY 2024 22.0% Income 1127 1,250 10 4,942 5,324 20.0% Total costs 583 -632 8 — -2,620 -2,829 Share of Associates and JV 88 54 62 499 480 ‘ao% Unlevered underwriting RR EBIT 623 632 1 2,
Slide 14: Net debt and maturity profile
Net debt and maturity profile Net debt, SEK BN 49.7 48.7 10 -5.0 447 Borrowings Other obligations Gross Debt Cash and Cash Net Debt before Equivalents obligations Maturity profile extended post restructuring, SEK BN Hl Terman New Money Exchange notes | RCF 121 5.8 94 64 76 76 2025 2026 2027 2028 202
Slide 15: Final remarks
Final remarks
Slide 16: Servicing top line YoY organic growth; Higher investment volumes
Servicing top line YoY organic growth1 Higher investment volumes
Slide 17: Q&A
Q&A
Slide 18: Appendix
Appendix
Slide 19: Content
Content NO oO BWN Outstanding interest rate bearing debt Pro forma portfolio investments and ROI Current MoM Estimated Remaining Collections (ERC) Portfolio joint ventures Unsecured portfolio vintages Financial calendar
Slide 20: Outstanding interest rate bearing debt
1. Outstanding interest rate bearing debt Nominalamount Amountin Coupon rate Coupon Maturity date (M) SEKM frequency Bonds EUR 492 5,436 7.75% Quarterly 11/9/2027 XS3099983598 SEK 637 637 7.75% Quarterly 11/9/2027 XS3099986427 EUR 614 6787 7.75% Quarterly 11/9/2028 XS3099990296 SEK 795 795 7.75% Qua
Slide 21: Pro forma portfolio investments and ROI
2. Pro forma portfolio investments and ROI 11,854 ia 7,324 EAS 4679 FY a4 IQ1_ — — Portfolio ROI ex JV, IAC and revaluations RTM @2 Portfolio RO! ex IAC and revaluations RTM 11.8% ~~ _ 108% 10! 8,106 §,012 2015 2016 2017 2018 2019 2020 2021 2022 2023, 2024 2025
Slide 22: Current MoM
3. Current MoM SEKM Q121 Q221 Q321 Q421 Q1i22 Q222 Q322 Q422 QIi23 Q223 Q323 Q423 Ql24 Q224 Q324 Q424 Q125 Q225 Q325 Purchase price of portfolios acquired in quarter 1,443 1,680 1,445 2,133 1,675 3,120 1,347 1147 1,675 2,854 409 528 328 364 294 486 264 136 294 Lifetime ERC of portfolios acquired in
Slide 23: Estimated Remaining Collections (ERC)
4. Estimated Remaining Collections (ERC) SEK BN 15-year ERC of SEK 47.1 BN 10.0 28% of ERC due next 24 months 8.0 6.0 40 Wl Eigse —_ _ v1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Yo YI0 Yul Y12 13 Yi4 YI5 mNorthern Europe Middle Europe mSouthernEurope — CE Europe IERC di ibuti (SEK BN) Y1 Y2 Y3 Y4 Y¥5 Y6 Y7 Ys Y9 Y10 Y
Slide 24: Estimated Remaining Collections (ERC)
4. Estimated Remaining Collections (ERC) ERC by asset class Real Estate ERC by geography Northesn 1% Secured ce rere Europe 6% ° 25% Southern Europe 28% Unsecured Middle Europe 33% ERC by investment type ERC by industry Forward Real estate oer flows Telecom 16% 5% Credit cards 9% One-off investments
Slide 25: Top joint ventures and associates
5. Top joint ventures and associates Portfolio Geography Senior ranking debt IntrumInvestment Investment(Intrum), Cash received todate Current ERC (Intrum), remaining, share (Senior SEKM (Intrum), SEKM SEKM excluded), % SEKM Orange EU 2,543 35% 1,534 306 3,416 Savoy Ital 2,569 59% 5,027 800 642 Port
Slide 26: Unsecured portfolio vintages
6. Unsecured portfolio vintages 7 Constant currency vintage evolution for unsecured books collections money multiple 4,20x 6 8 °oO Coo 000 (Unsecured Purchase Collections books, SEK M__ price to date <2010 5556 14948 1024 15972 287x 3:50x 2010 1377 3960 669 4629 3.36x 2011 1361 4090 709 4799 3.53x 2
Slide 27: Financial calendar
7. Financial calendar 29 January 2026 Interim report fourth quarter 2025 22 April 2026 AGM 7 May 2026 Interim report first quarter 2026 23 July 2026 Interim report second quarter 2026 23 October 2026 Interim report third quarter 2026
Slide 28: Disclaimer
Disclaimer The material in this presentation has been prepared by Intrum AB (publ) (“Intrum”). This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not be considered as advice or a recommenda
Slide 29: Thank you!
intrum Thank you!
Slide 30: Slide 30