Q1 2021 RESULTS

MAY 31, 2021

Highlights Q1 2021

Antje Leminsky

CEO

Leasing - Banking - Factoring | Investor Relations //

GRENKE // 2

Q1 2021: Highlights

PROFIT IN LINE WITH GUIDANCE - CONTINUED FOCUS ON HIGH-MARGIN BUSINESS

Group new business of EUR 536m (-38.5% vs Q1 2020, which was largely unaffected by COVID-19)

Leasing CM2 margin strongly increased to 19.5% (+1.3pp vs Q1 20201) through continued focus on profitable small-ticket business

Net Profit at EUR 14.0m

(-28.8% vs Q1 20201)

Proposed dividend of EUR 0.26 per share for the financial year 2020

Stable equity ratio of 16.5% as of March 31, 2021 (vs 16.3% as of December 31, 20201)

Virtual Annual General Meeting

29 July 2021

1) Figures have been adjusted in accordance with IAS 8.42 (including the consolidation of the franchise companies).

Leasing - Banking - Factoring | Investor Relations //

GRENKE // 3

Q1 2021: Group New Business Development

NEW BUSINESS VOLUME PLATEAUING IN LIKELY FINAL STAGES OF COVID-19 PANDEMIC

New Business Development GRENKE Group 2020 - 2021

EUR m

New Business Segment Distribution Q1 2021

-38.5%

871

704

598

622

536

29.0%

2.7%

LEASING

IS OUR

CORE

BUSINESS 68.3%

Q1 2020

Q2 2020

Q3 2020

Q4 2020

Q1 2021

Leasing

Factoring

SME lending business

Leasing - Banking - Factoring | Investor Relations //

GRENKE // 4

Q1 2021: New Business by Segment

LEASING CONTINUES TO BE MOST IMPORTANT CONTRIBUTOR

YOY comparison of new business by segment

EUR m

LEASING

FACTORING

GRENKE BANK1)

-46.3%

681.3

365.8

-9.5%

171.7155.4

-18.2%

18.014.7

Q1 2020

Q1 2021

Q1 2020

Q1 2021

Q1 2020

Q1 2021

1) GRENKE Bank New Business only includes SME lending business and Microcredit business

Leasing - Banking - Factoring | Investor Relations //

GRENKE // 5

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Grenke AG published this content on 31 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2021 09:37:03 UTC.