Slide 1: Investor Presentation Fourth Quarter 2025
INVESTOR PRESENTATION FOURTH QUARTER 2025 April 1, 2026
Slide 2: Important Information: Forward-Looking Statements
Important Information Caution Regarding Forward -Looking Statements 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
Slide 3: Important Information: Restatement of Historical Financial Information
Important Information Restatement of Historical Financial Information Subsequent to year -end, the Company identified errors in certain financial information for prior periods, including previously a nnounced errors related to the accounting treatment of certain customer payments in transit at perio
Slide 4: Incoming CEO Brings Deep Lending Experience
Incoming CEO Brings Deep Lending Experience • President of easyfinancial , goeasy’s largest segment, since 2024 • Appointed Chief Executive Officer, effective January 1, 2026 • Significant experience in consumer lending and credit from 17 -year career with Capital One Canada • Appointed Vice Chair o
Slide 5: CEO Message
CEO Message • Q4 incremental charge offs of $178M against gross loans receivable and related charge offs Add Your Subtitle Here of $55M for loan interest and fees relating to LendCare operating segment Financial Update • Goodwill impairment charge of $160M also related to LendCare • Increased net ch
Slide 6: Q4 2025 Performance
Q4 2025 Performance Restated, where applicable Q4 2025 Q4 2024 YoY ∆ Notes Gross consumer loans receivable (M) $5,513 $4,602 19.8% • Growth in gross consumer Originations (M) $952 $814 17.0% loans receivable reflecting Revenue (M) $406 $407 (0.2%) strong demand for credit across channels Bad debts (
Slide 7: Delivering Against Our Six-Point Action Plan
Delivering Against Our Six -Point Action Plan Action Item Delivered to Date • Implemented enhanced credit adjustments to shift 1 Focusing growth on easyfinancial channels growth to higher performing unsecured and secured Swift actions loans already delivering • Significantly tightened credit within
Slide 8: A Stronger Foundation for Sustainable, Profitable Growth
A Stronger Foundation for Sustainable, Profitable Growth Deliver Disciplined 2028+ Invest in Scalable, High Performance Resilient Growth • Return to sustainable growth Act Decisively • Enhanced risk models, credit and profitability through disciplined portfolio expansion, discipline and collections
Slide 9: easyfinancial Direct Channel Represents Majority of Portfolio
easyfinancial Direct Channel Represents Majority of Portfolio UNSECURED SECURED AUTO, POWERSPORTS, LEASING PERSONAL PERSONAL POINT OF SALE PERSONAL SERVICES & LENDING OPERATING SEGMENT REPORTING SEGMENT CHANNEL TYPE Direct Direct Indirect Direct 1 ($M) GROSS LOANS RECEIVABLE $2,376 $578 $2,393 $167
Slide 10: Direct Channels within easyfinancial Delivering Consistent Performance
Direct Channels within easyfinancial Delivering Consistent Performance easyfinanancial 1 Reporting Segment -Average Interest 2Rate Weighted 40% easyfinancial LendCare unsecured $2,393M 30% $2,376M Rate cap impactunsecured to 20% interest revenues moderating 10% Stable Q4 credit performance in 0% Q4
Slide 11: easyfinancial Well Positioned for 9.5 Million Underserved Customers
easyfinancial is Well Positioned to Meet the Borrowing Needs of the 9.5 Million Underserved Customers in the Canadian Non -Prime Credit Market Ranks first in aided Ranks first in Has a 4.1 Close to 300 awareness among consideration among rating on locations non-prime lenders non-prime lenders TrustP
Slide 12: Newly Appointed CFO Brings Discipline, Strategic & Technical Expertise
Newly Appointed CFO Brings Discipline, Strategic & Technical Expertise • Appointed Chief Financial Officer effective March 10, 2026 • Served as interim Chief Financial Officer since September 30, 2025 • More than 20 years of senior leadership experience in finance, operations, risk and compliance at
Slide 13: 2025 Performance
2025 Performance Restated, where applicable 2025 2024 YoY ∆ Notes Gross consumer loans receivable (M) $5,513 $4,602 19.8% • Gross consumer loans reached Originations (M) $3,478 $3,166 9.9% $5.51B (+19.8% YoY), driven by Revenue (M) $1,697 $1,535 10.5% strong application volumes, partially offset by
Slide 14: Growth in Originations & Loans Receivable Highlights Strong Demand
Growth in Originations & Loans Receivable Highlights Strong Demand ($ in millions except percentages) $3,478 $5,513 $3,166 $5,445 Gross $5,108 Gross Loan Consumer $4,795 v $4,602 Originations $814 $904 $946 $952 Loans $677 Receivable Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 2024 2025 Q4 24 Q1 25 Q2 25 Q3 25 Q4
Slide 15: Growth in Annual Revenue but Yields Impacted by Charge Offs
Growth in Annual Revenue but Yields Impacted by Charge Offs ($ in millions except percentages) $1,697 $1,535 32.6% 31.2% 32.0% 31.5% 26.6% Total Yield Total v On Revenue $407 $405 $431 $454 $406 Consumer Loans1 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 2024 2025 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 2025 Highlights • 1
Slide 16: Expense Growth Linked to Revenue Growth
1 Efficiency Ratio Expense Growth Linked 26.1% to Revenue Growth 25.4% 24.8% 25.0% • Evaluating and implementing measures designed to improve 23.3% effectiveness and operational efficiency across all areas, with a particular OPERATINGfocus on credit, INCOME 1OPERATING INCOME 1 underwriting and colle
Slide 17: Losses in Q4 2025 from LendCare-Related Impacts
Losses in Q4 2025 from LendCare -Related Impacts ($ in millions except earnings per share) Operating Income (Loss) Net Income (Loss) Per Share $144 $147 $168 $171 $160 $163 $138 $142 $5.49 $4.40 $3.84 $3.12 $3.32 $2.28 $3.49 $1.70 Q4 25 Q4 25 Q4 24 Q1 25 Q2 25 Q3 25 Q4 24 Q1 25 Q2 25 Q3 25 ($120) ($
Slide 18: Q4 Negatively Impacted by Incremental Charge Offs
1 Net Charge Offs 23.8% Q4 Negatively Impacted by ($ in millions except percentages) Incremental Charge Offs • Net charge offs increased to 23.8% in Q4 2025, up 1,460 bps $178 YoY from 9.2% in Q4 2024 • The increase was primarily driven by $178 million of incremental charge offs related to the LendC
Slide 19: Adjusted Receivables Show Declining Delinquency
Adjusted Receivables Gross Consumer Loans Receivable Past Due Show Declining 16.0% 15.0% Delinquency 14.0% 12.0% 13.4% 11.9% 12.9% 12.2% • Subsequent to year -end, goeasy identified an error in the 10.0% financial reporting of certain consumer payments received 8.0% • Correction of the error require
Slide 20: Building Allowance for Future Credit Losses
Allowance for Credit Losses Building Allowance for $600 ($ in millions except percentages) 9.6% Future Credit Losses $500 8.4% 7.8% 8.0% 8.0% • Allowance for credit losses increased by $400 $72 million in the quarter and $168 million during the year $300 $527 $200 $410 $456 • The Q4 increase in the
Slide 21: Lending Model Generates Organic Cash Flow
Lending Model Generates 1 Cash Provided by Operating Activities Before Net Principal Wr Organic Cash Flow ($ in millions) $2,061 $1,926 • goeasy’s existing consumer loan portfolio generates significant cash flow • Annually, approximately 30 -40% of the loan book amount comes back through principal a
Slide 22: Balance Sheet & Capital Allocation Update
Balance Sheet & Capital Allocation Update Covenants Amended Capital Allocation Liquidity First Priorities • Under current assumptions, new equity • Amended the financial covenants of • Prioritize covenant compliance not required to comply with revised secured borrowings to maintain • Prudent loan or
Slide 23: Outlook & Summary
goeasy Outlook & Summary
Slide 24: Outlook
Outlook Key Performance Indicator Q1 2026 Outlook Full Year 2026 Commentary Gross consumer loans Expected to decline before resuming growth $5.3B to $5.4B goeasy plans to receivable at period end in the second half of the year provide a more refined set of commercial targets later this year Total yi
Slide 25: Summary: goeasy Remains an Attractive Opportunity
Summary: goeasy Remains an Attractive Opportunity • $238B non -prime Canadian consumer credit market is underserved Attractive and • There is significant room for a disciplined, scaled player to gain share Underserved End • goeasy brings strong base of business with multi -product suite of offerings
Slide 26: Questions?
goeasy A Questions?
Slide 27: Appendix
goeasy APPENDIX
Slide 28: Balance Sheet Overview
Balance Sheet Overview Funding Summary as at December 31, 2025 Debt $M % Unsecured $3,729 81% Description Maturity CAD Rate Amt ($M) Secured $878 19% Senior Unsecured Notes Total $4,607 100% Us$65m 4.375% Issued 04/2021 1 05/2026 4.82% (Swapped) 81 Us$550m 9.25% Issued 11/2023 12/2028 8.79% (Swapped
Slide 29: Updated Debt Covenants & Leverage
Updated Debt Covenants & Leverage 1 On March 24, 2026, goeasy announced definitive ($ in Millions) Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 agreements to maintain access to, and amend the financial Revolver Covenants covenants of, the revolving credit facility and warehouse facility; and to permit
Slide 30: Non-IFRS & Other Financial Measures
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 ident