Pioneer Credit : 1H22 Results Presentation - 'Primed for Growth'

28 February 2022

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ersonalPRIMED FOR GROWTH

1H22 Financial Results

Investor Presentation

Important notice: Disclaimer

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This presentation has been prepared by Pioneer Credit Limited ("Pioneer" or the "Company").

Disclaimer: This presentation contains information about Pioneer's activities current as at the date of the presentation and should not be considered to be onlycomprehensive or to comprise all the information that an investor should consider when making an investment decision. This information is provided in summary form and is not considered to be comprehensive or complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. Investors should consult with their own legal, tax, business and/or financial advisors in

connection with any investment decision.

Any forward-looking statements included in this presentation speak only as at the date of the presentation and undue reliance should not be placed upon such statements. Although Pioneer believes the forward looking statements to be reasonable, they are not certain. To the maximum extent permitted by law, responsibility for

usethe accuracy or completeness of any forward-looking statement whether as a result of new information, future events or results or otherwise is disclaimed. Subject to applicable disclosure requirements Pioneer is under no obligation to update any of the forward-looking statements contained in this presentation. Monetary Values: Unless otherwise stated, all dollar values are in Australian dollars (A$). The information in this presentation is subject to change without notice. ersonal

Our Culture - 'Pioneer Principles'	3

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Selfless	Unlimited	Technical	Unwavering	Fearless	Clear
Loyalty	Accessibility	Competence	Passion	Vision	Communication
Put your team and	Be available when	Be relentless in	The fire inside you,	Don't be afraid to	Connect with people
company first without	no one else is	exhibiting best	and the love for what	look outside the	in a way they can
question		practice. Always act	you, do must be	square and commit	relate
		with integrity	visible to all	to what you see

Business Model

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Differentiated by providing high-quality, flexible financial solutions that genuinely benefit customers

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	Resilient Portfolio
use	Strong Vendor
		Relationships
	Disciplined Portfolio
		Investment
ersonal	We do right

• Data-drivenportfolio selection and performance
• Focused on product segments where customers are working to get ahead
• Only market participant that does not purchase pay day lending
• Specialised in acquiring low risk portfolios from Australian and international banks
• Maintain strong relationships with Australian financial institutions, and strong #2 market position
• Pioneer's purchasing is focussed on higher quality 'Tier 1' portfolios
• Disciplined underwriting and risk assessment ensures liquidation performance to expectations
• Pioneer respectfully takes care of its customers, focusing on appropriate customer outcomes
• Differentiated by customer experience and compliance record
• Dedicated team to identify and support customers experiencing hardship
• Legal action used sparingly and only after all other options are exhausted

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SECTION 1

Performance

PERFORMANCE | PIONEER PORTFOLIO | OUTLOOK