Hoist Finance strengthens presence in Poland

Hoist Finance, a leading European debt restructuring partner to global banks and
financial institutions, has entered into an agreement, subject to certain
conditions, to acquire Navi Lex, a Wroclaw-based Polish debt collection company.
Navi Lex was established in 2010 and has since grown into one of the major debt
collection companies in the Polish market with approximately 130 FTEs. The
purchase price is not disclosed.

“The proposed acquisition of Navi Lex is a natural step to consolidate our
position as Europe’s leading debt restructuring partner to large international
banks and financial institutions. Navi Lex constitutes a highly attractive and
scalable Polish debt collection platform with a highly respected management team
and a proven track record working with a large number of originators,
predominantly within the financial institutions and telecom industries.
Establishing our own collection platform through the acquisition of Navi Lex
will increase our operational flexibility and facilitate Hoist Finance to
capture the investment opportunities in the Polish market going forward,” says
Charles de Munter, Regional Managing Director of Hoist Finance Belgium, the
Netherlands, Italy, France and Poland.

“Hoist Finance is renowned debt purchaser in the Polish market. Combining the
debt purchasing capabilities of Hoist Finance with the experience and foothold
of Navi Lex will form a solid platform for further growth in the Polish market.
We look forward to working with Hoist Finance,” concludes Tomasz Lebek, CEO of
Navi Lex.

Tomasz Lebek will assume the position as Head of Hoist Finance Poland. Karol
Pietka, currently Head of Operations Hoist Finance Poland, will become deputy
CEO with responsibility for sales and investments.

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to global banks and
financial institutions, offering a broad spectrum of advanced solutions for
acquisition and management of non-performing unsecured consumer loans. The total
carrying value of Hoist Finance’s acquired loans is approximately EUR 810
million.

Hoist Finance is a Pan-European debt purchase company with presence in eight
European markets. Hoist Kredit AB (publ) is licensed and regulated by the
Swedish Financial Supervisory Authority, and is funded by the internet-based
savings deposit service HoistSpar in Sweden, with more than 60,000 accounts, and
by senior and subordinated unsecured bonds of in total SEK 1.1 billion as well
EUR 100 million in senior unsecured bonds, listed on NASDAQ OMX.

www.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 08.00 CET on 10 November 2014.

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