Hoist Finance Ab · OMXSTO:HOFI
Hoist Finance Ab — Q2 2026 Earnings Presentation
15 slides from Hoist Finance Ab's earnings presentation, Jul 24, 2026
Slide 1: Q2 2026 Results presentation
Q2 202 6 Results presentation 24 July 2026
Slide 2: Today's presenters
Today’s presenters Harry Vranjes Magnus Söderlund Karin Tyche CEO CFO CIRO 2 Classification: confidential
Slide 3: Record quarter: Highlights Q2 2026
Record quarter Highlights Q2 2026 SEK 6 .1bn SEK 3 9 .2 bn 10 8 % SEK 3.5bn excl. Azzurro Investment portfolio Total investment C ollection performance acquisition s portfolio Q2 2025: SEK 2.6bn Q2 2025: 31.0 bn Q2 2025: 10 4 % 27.5 % SEK 632 m SEK 5.15 13 .03 % 21.6% excl. VAT refund SEK 501 excl.
Slide 4: High investment activity
Investment portfolio by asset class Investment portfolio by geography High investment activity 7% 5% 15% Italy UK 30% 7% Poland Investment highlight s Q2 2026 SEK SEK 14% Spain Unsecured 10% 39.2bn Secured 39.2bn Germany France ▪ Portfolios acquired in France, Poland, Italy and 70% 14% 14% Greece Sw
Slide 5: Significant earnings growth
Significant earnings SEKm Q2'26 Q2'25 Change Change excl. FX growth Interest income investment portfolio Interest income coinvest portfolio 1,390 67 1,194 35 16% 93% Q2 financial summary Other interest income 148 148 0% Interest expense - 512 - 492 4% Net interest income 1,093 885 23% 25% Impairment
Slide 6: Another quarter of solid performance across the board
Another quarter of solid performance across the board Financial overview Q2 2026 ▪ Interest income increased by 19% YoY , compared to portfolio growth, excluding Azzurro*, of 18%. SEK 1,093 m ▪ Interest expense increased by 6% YoY , vs. 18% portfolio growth, lower due to lower market rates and Net I
Slide 7: Retained cost control
Retained cost control Five quarters cost trend Direct costs Indirect costs FTEs 900 3,500 1,237 800 3,000 3,075 144 700 2,661 2,500 282 1,038 1,009 1,025 1,035 1,041 2,456 2,518 2,549 271 273 2,000 25 250 248 25 33 600 545 530 501 1,500 500 461 65 676 451 1,000 675 641 654 674 400 500 390 300 334 35
Slide 8: Stable funding platform
Stable funding platform Funding 1, SEKbn Avg. cost of funding • Issued SEK 300m AT1 - capital with a floating coupon 60 4,5% of STIBOR 3 months + 375bps. 55 3.74% • Issued SEK 500m via tap - issuances into existing 4,0% 50 senior preferred instruments. 3. 23% 3,5% 45 • Average funding cost at 3.23%
Slide 9: Ample investment capacity
Liquidity coverge ratio (LCR), R12 % Ample investment capacity 1,835 1,738 1,738 1,780 Capital and liquidity position 1,537 1,595 CET1 - ratio, % 14 13.03 12. 12 % Q1- 25 Q2 - 25 Q3 - 25 Q4 - 25 Q1- 26 Q2 - 26 12 CET1 - target range 4.21 11.12 % 10 8.82 Liquidity reserve, SEKbn 8 27 26 27 27 27 25 6
Slide 10: Set to grow in the UK: our new platform is up and running
Set to grow in the UK: our new platform is up and running Acquisition of Azzurro Associates Strategic values added through the M&A Market opportunity and operational set - up ▪ Regulatory licenses incl. • NPL - stock of GBP 35bn in the UK with an active – FCA - license to acquire and service portfol
Slide 11: Building momentum
Building momentum Key takeaways Strong investment pipeline Collections substantially above going into H2 . forecast. The business continues to deliver solid results Record investments in Q2 and solid pipeline of deals with collections at 108% in the quarter. going into H2, reflecting an active marke
Slide 12: Q&A
Q&A HoistFinance
Slide 13: Overview of non-recurring items
Overview of non - recurring items Q2'25 Q3'25 Q4'25 Q1’26 Q2'26 P&L nominal SEKm SEKm SEKm SEKm SEKm Positive book Impairment gains and losses 38 revaluations Portfolio Derecognition gains and losses 64 divestments, Poland and Sweden Other operating income 164 VAT refund Total operating income 0 0 1
Slide 14: Status on the SDR criteria
Status on the SDR criteria Fulfilling the full SDR - criteria on each reporting date during the preceding financial year From the regulatory text (article 36(5) CRR), conditions to be complied Hoist Finance at end - Q2 2026: with, on an individual and consolidated basis, to qualify as SDR: T he main
Slide 15: Hoist Finance
HoistFinance