Slide 1: Q4 2020 Conference Call Presentation
Slide 2: About Forward-Looking Statements
ABOUT FORWARD-LOOKING STATEMENTS Statements in this presentation, other than statements of historical fact, are forward-looking statements, which are based on our current beliefs, projections, assumptions and expectations concerning future operations and financial performance. Such statements involv
Slide 3: Cash Collections Growth Continues
CASH COLLECTIONS GROWTH CONTINUES Global cash collections of $482 million Portfolio purchases of $290 million Estimated remaining collections of $6.5 billion
Slide 4: Results in Americas Remain Strong
RESULTS IN AMERICAS REMAIN STRONG Cash collections of $323 million Seeing collection shift from legal to call centers and digital platforms Invested $80 million Peis Rah
Slide 5: Record Cash Collections in Q4 in Europe
RECORD CASH COLLECTIONS IN Q4 IN EUROPE Record cash collections of $159 million in Europe Invested $210 million
Slide 6: Net Income Attributable to PRA Group Grew 9% in Q4 2020
NET INCOME ATTRIBUTABLE TO PRA GROUP GREW 9% IN Q4 2020 (3 in millions, except per share results) Q4 2019 vs Q4 2020 Cash Collections Total Revenues* $457 $482 $257 $274 Q42019 Q42020 Q4 2019" Q42020 Q4 2019 Q4 2020 Net Income 5 toPRAGroup Diluted a Per Share on 65 Q42019 = =Q4 2020 Q4 2019 = =Q4202
Slide 7: Fourth Quarter 2020 and Full Year 2020
Fourth Quarter 2020 Full Year 2020 cy, $481.9 $2.0 million billion Americas Core, $286.5 Americas Core, @ $1,271.9 gists RA
Slide 8: Cash Efficiency Ratio for 2020 Was a Record 64.5%
CASH EFFICIENCY RATIO FOR 2020 WAS A RECORD 64.5% ($ in millions, Cash efficiency ratio = (cash receipts — operating expenses)/cash receipts) $2,500 $2,000 $1,500 $1,000 $762 $592 $433 il 2010 2011 mam Cash Receipts $1,214 $971 | 2012 2013 ——Cash Efficiency Ratio 2014 2015 2016 2017 Insolvency as a
Slide 9: As of December 31, 2020
as of December 31, 2020 as of December 31, 2019 18 $658 billion gists RA
Slide 10: Strong Financial Performance Drives Solid Leverage Position
STRONG FINANCIAL PERFORMANCE DRIVES SOLID LEVERAGE POSITION ($ in millions) mas Total Borrowings —=Debt to Adjusted EBITDA* $2,808 $2,661 December 31, 2019 December 31, 2020 $983 Million Available for Portfolio Acquisitions *Please refer to the reconciliation of this metric to the most applicable GA
Slide 11: PRA Group Accomplished Great Things in 2020
PRA GROUP ACCOMPLISHED GREAT THINGS IN 2020 Empathetic and understanding with customers Kept employees safe and productive Generated record cash collections and cash efficiency ratio -™ ee 1. G toupee
Slide 12: Q&A
Slide 13: Reconciliation of Non-GAAP Financial Measure to GAAP
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE TO GAAP Use of Non-GAAP Financial Measures PRA Group, Inc. reports financial results in accordance with U.S. GAAP. However, the Company believes that certain non-GAAP financial measures assist with the meaningful comparison between current year results an