Hoist Finance continues to expand – acquires portfolio in Italy

Hoist Finance, a leading European debt restructuring partner to global banks and
financial institutions, has acquired the portfolio of TRC Spa, its existing
Italian servicing partner. The portfolio consists of approximately 800,000
claims with a principal claim of EUR 1.9 billion, mainly non-performing consumer
loans. The parties have agreed to not disclose the purchase price.

The transaction supports Hoist Finance’s long-term growth strategy in Italy
supported by an established and proven platform.

“Over the past few years, Hoist Finance has pursued an active and balanced
strategy for growth and geographical diversification. Italy represents an
attractive market in terms of size and underlying growth opportunities,” says
Jörgen Olsson, CEO of Hoist Finance.

“We made our first investment in Italy in 2011 after a detailed analysis of the
market place and have since had a close co-operation with TRC one of the leading
and most experienced players in Italy. The size, profile and characteristics of
the TRC portfolio constitute attractive elements for Hoist Finance’s long term
strategy in Italy,” Jörgen Olsson concludes.

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to global banks and
financial institutions to whom it offers a broad spectrum of advanced solutions
for managing overdue consumer receivables. The carrying value of Hoist Finance’s
acquired loan portfolios is approximately EUR 675 million.

The debt purchasing and management business of Hoist Finance is mainly financed
by the internet-based savings deposit service, HoistSpar, which currently has
more than 50,000 depositors.

Hoist Kredit AB (publ) is licensed and regulated by the Swedish Financial
Supervisory Authority.

About TRC

TRC Spa was founded as a captive company of Diners Club Italy in 1970 and was
admitted in 1992 to the Bank of Italy’s register. It is a privately-owned debt
purchase and debt collection company based in Rome. In addition, TRC services
claims on behalf of third parties, including Hoist Finance (since 2011). TRC is
registered with the Bank of Italy.

For further information, please contact:

Jörgen Olsson, CEO Hoist Finance

Jane Niedra, IR Hoist Finance

Contact details:

Phone +46 (0)8 55 51 77 90

Email: jane.niedra@hoistfinance.com

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lag om värdepappersmarknaden).

This information was released for publication at 8.00 on 22 April 2014.