Slide 1: Investor Presentation First Quarter 2026
INVESTOR PRESENTATION FIRST QUARTER 2026 May 13, 2026
Slide 2: Important Information: Caution Regarding 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: Caution Regarding Forward-Looking Statements
Important Information Caution Regarding Forward -Looking Statements The Company particularly cautions that the Q2 2026 outlook and full year 2026 commentary presented below under the heading “O utlook” (the “2026 Outlook Information”) constitutes forward -looking information and that in formulating
Slide 4: Important Information: Restatement of Historical Financial Information
Important Information Restatement of Historical Financial Information As previously disclosed, subsequent to the year -ended December 31, 2025, the Company identified errors in certain financial info rmation for prior periods, which has caused the Company to restate its financial information as at a
Slide 5: Patrick Ens, Chief Executive Officer
Patrick Ens Chief Executive Officer 5
Slide 6: Key Takeaways
Key Takeaways • Ending gross consumer loan receivables of $5.36B up 11.8% YoY and down 2.7% QoQ Financial • Adj. Diluted EPS 1 of ($1.90) in Q1 2026 down from Adj. Diluted EPS 1 of $3.49 in Q1 2025, driven by elevated losses associated with merchant -originated loans and lower total yield Performanc
Slide 7: Q1 Results Compared to Outlook
Q1 Results Compared to Outlook Key Performance Indicator Q1 2026 Outlook Q1 2026 Results Gross consumer loans $5.3B to $5.4B $5.36B Consistent with outlook receivable at period end Total yield on consumer loans (including 27.0% to 28.0% 27.9% Consistent with outlook ancillary products) 1 Net charge
Slide 8: Direct-to-Consumer Channels are a Growing Share of the Portfolio
Direct -to-Consumer Channels are a Growing Share of the Portfolio UNSECURED SECURED AUTO, POWERSPORTS, LEASING PERSONAL PERSONAL POINT OF SALE PERSONAL SERVICES & LENDING OPERATING SEGMENT REPORTING SEGMENT CHANNEL TYPE Direct -to-Consumer Direct -to-Consumer Merchant -Originated Direct -to-Consumer
Slide 9: Direct-to-Consumer Channels Delivering Consistent Performance
Direct -to-Consumer Channels Delivering Consistent Performance Weighted 1 -Average Interest Rate of Originations 40% 30% Stable Q1 weighted average 20% interest rate and credit performance in both secured 10% and unsecured 0% Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 2 Net Charge Offs 40% 30% Higher Q1 net char
Slide 10: Felix Wu, Chief Financial Officer
Felix Wu Chief Financial Officer 10
Slide 11: Q1 2026 Performance
Q1 2026 Performance ($ in millions except percentages and per share amounts. Restated, where applicable.) Q1 2026 Q1 2025 YoY ∆ Notes Gross consumer loans receivable (M)1 $5,363.5 $4,795.4 11.8% • YoY growth in gross Originations (M) $551.3 $676.8 (18.5%) consumer loans receivable Revenue (M) $412.9
Slide 12: Slowing Originations to Lower Loans Receivable and Manage Liquidity
Slowing Originations to Lower Loans Receivable and Manage Liquidity ($ in millions) $904 $946 $952 $5,445 $5,513 $5,363 $677 $551 Gross $5,108 Gross Loan Consumer $4,795 v Originations Loans 1 Receivable Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 2026 Highlights • Originations of
Slide 13: Growth in Revenue; Yield Starting to Recover
Growth in Revenue; Yield Starting to Recover ($ in millions except percentages) $454 31.2% 32.0% 31.5% $431 27.9% 26.6% $413 Total Yield Total $405 v $406 On Revenue Consumer Loans1 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 2026 Highlights • Slight 2.0% YoY increase in revenue p
Slide 14: Ongoing Focus on Cost Containment
1 Efficiency Ratio Ongoing Focus on Cost 26.1% Containment 25.4% 25.0% • Evaluating measures designed to 24.5% improve effectiveness and 23.3% operational efficiency across all areas, with a particular focus on credit, underwriting OPERATING INCOME and collection 1OPERATING 1 INCOME practices Q1 25
Slide 15: Improvement to Operating Income and Diluted Loss Per Share
Improvement to Operating Income and Diluted Loss Per Share ($ in millions except per share amounts) Operating Income (Loss) Diluted Earnings (Loss) Per Share $144 $147 $168 $171 $160 $163 $5.49 $4.40 $3.84 Q4 25 $29 $37 $2.28 $3.49 $1.70 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q1 26 Q1 25 Q2 25 Q3 25 ($3.22)
Slide 16: Elevated Net Charge Offs, But Down Sequentially
1 Net Charge Offs Elevated Net Charge Offs, ($ in millions except percentages) But Down Sequentially 23.8% • Net charge offs increased by 890 bps YoY to 17.8% in Q1 2026, from 8.9% in Q1 2025, but 17.8% declined 600 bps QoQ from 23.8% in Q4 2025 • The YoY increase was primarily driven by higher char
Slide 17: Charge Offs Reduced Late-Stage Delinquencies
Charge Offs Reduced Gross Consumer Loans Receivable Past Due Late -Stage Delinquencies 15.0% 12.9% 12.0% 12.2% 12.3% • YoY total delinquencies up 30 bps • 1-30 days category increased 240 bps due to elevated credit risk performance in merchant - originated auto and powersports loans, an increased fo
Slide 18: Building Allowance for Future Credit Losses
Allowance for Credit Losses Building Allowance for ($ in millions except percentages) Future Credit Losses 9.57% 10.09% • The rate of allowance for expected credit 8.37% 8.04% 8.02% losses increased QoQ from 9.57% to 10.09%, driven primarily by unfavourable changes in macroeconomic outlook data $527
Slide 19: Continued to Generate Strong Organic Cash Flow
Continued to Generate 1 Cash Provided by Operating Activities Before Net Principal Wr Strong Organic Cash Flow $624 ($ in millions) $560 $538 • goeasy’s existing consumer loan portfolio $469 generates significant cash flow $411 • Annually, approximately 30 -40% of the loan book amount comes back thr
Slide 20: Balance Sheet & Capital Allocation Update
Balance Sheet & Capital Allocation Update Covenant Compliance Capital Allocation Liquidity First Priorities • Preserve and grow liquidity while • In compliance with all RCF covenants • Prioritize covenant compliance working to improve funding availability as at March 31, 2026 • Prudent loan originat
Slide 21: Outlook
Outlook
Slide 22: Outlook
Outlook 1 Key Performance Indicator Q2 2026 Outlook Full Year 2026 Commentary Full year Expected to decline from December 31, expectations remain Gross consumer loans $4.9B to $5.1B 2025 level before resuming growth in the consistent with those receivable at period end second half of the year provid
Slide 23: Questions?
goeasy A Questions?
Slide 24: Appendix
goeasy APPENDIX
Slide 25: Balance Sheet Overview
Balance Sheet Overview Debt Summary as at March 31, 2026 Debt $M % Unsecured $3,751 79% Description Maturity CAD Rate Amt (C$M) 1 Secured $991 21% Senior Unsecured Notes Total $4,743 100% US$65M 4.375% Issued 04/2021 2 05/2026 4.82% (Swapped) 90 US$550M 9.25% Issued 11/2023 12/2028 8.79% (Swapped) 7
Slide 26: Updated Debt Covenants & Leverage
Updated Debt Covenants & Leverage ($ in Millions) Q1 26 Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Revolver Covenants 1. Leverage Ratio 6.95 Threshold (Max) 7.25 7.00 6.80 6.60 6.25 6.10 1 2. Fixed Charge Coverage Ratio n/a Threshold (Min) Waived Waived Waived Waived 1.00 1.25 3. TTM EBIT EBIT $272 Threshold (Mi
Slide 27: 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