Interim report January – March 2015

January – March (compared with the first quarter 2014)

•      Gross cash collections increased by 48 per cent to SEK 791m (SEK 536m).

•      Total revenue increased by 40 per cent to SEK 499m (SEK 358m).

•      EBIT totalled SEK 161m (SEK 121m) adjusted for costs in connection to the
listing. EBIT totalled SEK 115m.

•      EBIT margin was 32 per cent (34 per cent), adjusted for costs in
connection to the listing.

•      Profit before tax amounted to SEK 52m (SEK 50m), adjusted for costs in
connection to the listing.

•      Portfolio acquisitions totalled SEK 273m (SEK 434m).

•      Basic earnings per share amounted to SEK 0.01 (SEK 0.71).1)
       Diluted earnings per share amounted to SEK 0.01 (SEK 0.62).1)

•      Financial net amounted to SEK –108m (SEK –71m). It includes SEK –20m (SEK
3m), changes in market valuation of currency and interest hedges.

31 March (compared with 31 March 2014)

•      Carrying value of acquired loans2) increased by 34 per cent to SEK 8,827m
(SEK 6,579m).

•      Gross 120m ERC (Estimated Remaining Collection) increased by 39 per cent
to SEK 15,238m (SEK 10,958m).

•      The Company’s share is, as from 25 March 2015 listed on Nasdaq Stockholm,
Mid Cap.

•      Total capital ratio increased to 17.13 per cent (9.18 per cent).

•      CET 1 ratio (Common Equity Tier 1 Capital) totalled 14.33 per cent (5.68
per cent).

Statement by the CEO

Stable earnings geared for growth

On 25 March we reached an important milestone as Hoist Finance was successfully
listed (introduced) on the Nasdaq Stockholm´s Mid Cap list. We are very pleased
with the broad interest from both Swedish and international investors. With a
wider range of shareholders and a substantially improved capital adequacy we are
better geared than ever for continued growth.

The beginning of the year has been stable and well in line with our
expectations. EBIT, adjusted by the cost of the IPO, improved by 32 per cent
compared to the first quarter last year and by 7 per cent compared with the
fourth quarter. The EBIT margin improved by 1 per cent compared with the
previous quarter and amounted to 32 per cent.

Positive development in our newly acquired platforms

The Italian platform TRC that we acquired last year has shown good growth. The
company, with its two call centres, is now well integrated within Hoist Finance
with a partly new organisation in Italy. Gross cash collections have improved
during the period as a result of the large portfolio that we acquired in
December and both profitability and EBIT margins have improved since we bought
TRC during the third quarter 2014.

The integration of Navi Lex in Poland into our infrastructure has also been
successful. Since the acquisition in the fourth quarter, we have transferred a
large number of portfolios that were previously managed by external debt
collecting agents into our own organisation.

A growing market

The European debt purchasing market for non-performing unsecured consumer loans
has rapidly developed as a legacy of the financial crisis in 2008 and is now an
established component of the credit industry. This growing market stems
primarily from new banking regulations with the aim of improving the capital
base of banks. We therefore expect a continuous high level of debt sales in the
years to come as the Basel III framework is implemented.

Well positioned for long term profitable growth

Hoist Finance’s strategy for profitable growth is unchanged. With over 20 years
of experience, a wide geographical presence and a proven well-structured model
for acquisition we are today a leading debt restructuring partner to
international banks. Our proven model for amicable settlements is built on long
-term sustainable and affordable instalment plans made in close dialogue with
customers. Our reputation of ethical and amicable treatment of customers is also
a key attribute for our cooperation with our bank debt originators.

As always, we focus on deepening our relationship with our partners in existing
markets. At the same time we strive to establish new relationships and to
continue to evaluate and review new market entries in Europe. Hoist Finance has
a solid financial position and we are well placed to capture the growth
opportunities in the market both in the near future and in the years to come.

Outlook

The market activity for portfolio acquisitions is generally calm in the first
quarter. However, we could already in March see a substantial increase in
activity. This positive trend has continued in April. Based on the number of
negotiations that we have on-going we have a positive view on development
throughout the year. Going forward our target remains unchanged with an expected
portfolio acquisition volume in line with, or higher than previous years.

Jörgen Olsson

CEO

Hoist Finance AB (publ)

Presentation of the Interim report

The interim report and investor presentation are available on
www.hoistfinance.com. The report is commented by the CFO Pontus Sardal on 6 May
2015 at 9.30 A.M. (CET). The presentation can be viewed live on
www.hoistfinance.com or on www.financialhearings.com.
To participate, please dial
+46 8 566 426 61 (SE),
+44 203 428 14 10 (UK) or
+1 855 753 22 36 (US).

The information in this interim report has been published pursuant to the
Swedish Securities Market Act (Sw. lag om värdepappersmarknaden) and/or Swedish
Financial Instruments Trading Act (Sw. lagen om handel med finansiella
instrument). This information was released for publication on 6 May 2015 at 8.00
A.M. (CET).

Hoist Finance AB (publ) (the “Company” or the “Parent”) is the parent company of
the Hoist Finance group of companies (“Hoist Finance”). The Company’s wholly
owned subsidiary, Hoist Kredit AB (publ) (“Hoist Kredit”) is a regulated credit
market company (Sw. kreditmarknadsbolag). Hence, Hoist Finance produces
financial statements in accordance with the guidance and format set forth in the
Swedish Annual Accounts Act for Credit Institutions and Securities Companies
(Sw. lagen om årsredovisning i kreditinstitut och värdepappersbolag). In order
to assess the operational performance of the debt purchasing and collection
operations and to facilitate comparison with our competitors, Hoist Finance
supplements the statutory financial statements by producing an operating income
statement. The operating income statement contains no adjustments or amendments
compared to, and has been prepared on the basis of, the same accounting and
valuation principles as the statutory financial statements.
Anne Rhenman Eklund, Group Head of Communications and IR, Hoist Finance
Phone: +46 (0)8 55 51 77 90
Email: anne.rhenman-eklund@hoistfinance.com