Hoist Finance streamlines its European organisation


Hoist Finance AB (publ), a leading debt restructuring partner to major
international banks, has decided to separate its operational activities into
three regions. The group-wide acquisition and investment unit will be removed
and the regions will assume responsibility for debt portfolio acquisition and
customer relations with the pan-European banks in each geographic area.

The composition of the management group will change as a result of the
reorganisation, with all regional directors joining the executive management
team. Regional directors will also be members of the internal Investment
Committee.

”By bringing management even closer to the market, this organisational
optimisation is well in line with our strategy to develop and strengthen our
position in Europe. We are also improving our capacity to co-ordinate key
decisions, which will allow us to speed up the implementation phase,” said
Jörgen Olsson, President and CEO of Hoist Finance.

The new executive management team is comprised of:

Jörgen Olsson, CEO

Pontus Sardal, CFO and Dept. CEO

Henrik Gustafsson, Regional Director Central East Europe

Charles de Munter, Regional Director Mid Europe

Najib Nathoo, Regional Director West Europe (new member)

Anders Wallin, CIO

Karin Beijer, Group Head of HR

For additional information, please contact :

Pontus Sardal, CFO, Ph: +46 727 101 780

Karin Beijer, Group Head of HR, Ph: +46 725 061 418

Anne Rhenman Eklund, Group Head of Communications and IR, Ph: +46 725 061 430

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lagen om värdepappersmarknaden) and/or the Swedish Financial
Instruments Trading Act (Sw. lagen om handel med finansiella instrument). This
information was released for publication at approximately 08.30 AM (CET) on 14
October 2015.
About Hoist Finance

Hoist Finance is a leading debt restructuring partner to international banks and
financial institutions, offering a broad spectrum of advanced solutions for
acquisition and management of non-performing unsecured consumer loans. Hoist
Finance operates through eleven in-house collection centers across Europe,
complemented by local external debt servicing partners. The total carrying value
of Hoist Finance’s acquired loans was approximately SEK 8.9 billion as per 31
December 2014. The parent company Hoist Finance AB (publ) is listed on Nasdaq
Stockholm Mid-Cap list and its subsidiary Hoist Kredit AB (publ) is a regulated
“Credit Market Company” under the supervision of the Swedish Financial
Supervisory Authority (Sw. Finansinspektionen). In Sweden, the company offers
internet-based savings deposit services through HoistSpar, with around 65,000
active accounts.

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