Eleving GroupOMXRSE: ELEVR

Signet Bank publishes updated coverage on Eleving Group

· Issued by Eleving Group

Eleving Group S.A./ Key word(s): Miscellaneous

Signet Bank publishes updated coverage on Eleving Group

02.06.2026 / 09:30 CET/CEST

The issuer is solely responsible for the content of this announcement.

Eleving Group announces that Signet Bank has released an updated equity research report following the publication of the Group’s Q1 2026 financial results In its report, Signet Bank highlights Eleving Group’s continued execution against the growth targets communicated during the IPO process. According to the Signet Bank’ estimates, Eleving Group’s loan portfolio is expected to reach EUR 522.4 million by the end of 2026, with revenue of EUR 338.9 million and net profit before FX of EUR 53.3 million. The analysts forecast the Group’s portfolio to continue growing at a 5-year CAGR of 9% through 2030, while revenue and net profit before FX are projected to increase at CAGRs of 17% and 14%, respectively. This growth is expected to be supported by the rising share of the Group’s higher-yield products, continued expansion in its strategic markets, and the normalization of foreign exchange impacts. Signet Bank increased its target price for Eleving Group shares to EUR 2.12 per share, compared with the previous target price of EUR 1.88 per share. The analysts anticipate the Group to return to a 50% dividend payout ratio from 2027 onwards, which, based on their estimates, would imply dividend yields in the range of 15–18% during 2027–2030. The full report is available .About Eleving Group Eleving Group is a publicly listed international financial technology company founded in 2012. Today, the group operates in 17 countries across three continents, providing vehicle, smartphone and consumer financing services. Since its founding, Eleving Group has served more than 1.8 million registered users. The group employs over 4,300 people across its operations. The company’s headquarters are located in Riga, Latvia. Since October 16, 2024, the Eleving Group shares have been listed on both the Nasdaq Baltic Official List and the Frankfurt Stock Exchange Prime Standard. Read more: Additional information Elīna Dobulāne Group’s Chief Corporate Affairs Officer, Eleving Groupelina.dobulane@eleving.com | +371 25959447Disclaimer The announcement is prepared for informational purposes only and does not constitute a recommendation to buy or sell shares. Investors are advised to make their own investment decisions based on individual circumstances or consult with financial advisors.

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Language:EnglishCompany:Eleving Group S.A.8-10 avenue de la Gare1610 LuxembourgLuxemburgInternet:www.eleving.comISIN:LU2818110020, XS2393240887WKN:A40Q8F , A3KXK8Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX; SIXEQS News ID:2337680 End of NewsEQS News Service

2337680 02.06.2026 CET/CEST Saving the news in databases or any forwarding of the news to third parties in a commercial context or for commercial purposes is only permitted with the prior written consent of EQS Group AG.

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