COMPANY PRESENTATION Strong management team and board Management team Board of Directors Stefan Alexandersson CEO Pia-Lena Olofsson CFO Mikael Anstrin Head of Retail Alexander Todoric Chief Credit Officer Camilla Dorvall CIO Åsa Hillsten Eklund CCO Gudleiv Bjørklund Head of Corporate Lena Apler CoB Erik Selin Deputy CoB Johannes Nyberg Clara Bolinder Lundberg IR Vilhelm Schottenius Helena Levander Claes Kinell Christoffer Lundström Ownership Fastighets AB Balder (48%) StrategiQ Capital AB (20%) Ernström Kapitalpartner AB (15%) Helichrysum Gruppen AB (5%) Collector Bank AB Ownership before June 10, 2015. . Muirfield Invest AB (5%) Jarla Investeringar AB (4%) Other (3%) Introduction to Collector Bank COLLECTOR BANK KEY FACTS 2014 Total assets (year-end): SEK 6.6bn Total income: SEK 916m Total income CAGR of c. 30% and EBT CAGR of c. 42% High growth, innovative niche bank Speed and flexibility as competitive edge EBT: SEK 244m Average return on equity: 23% Targeting the Nordic region Source: Company financials. Note: Income and EBT CAGR 2005-14. IFRS accounting from 2007. Two segments: Retail and Corporate Online solutions in focus Collector Bank in brief • • • • • • Innova&ve niche bank with high growth Proﬁt before tax 2015; +43%, income +30% Focus on the Nordic region Two segments: Retail and Corporate Strong IT-‐plaNorm Listed since 2015, market capitaliza&on SEK 5.3 billion Collector Bank in figures 2014 • • • • • Balance sheet total SEK 6.6 billion Income SEK 916 million Proﬁt before tax SEK 244 million RoE 23% Capital adequacy 20% A 15 year organically driven growth Credit company under SFSA surveillance Starts offering personal loans. Adds debt collection through acquisition 2001 Collector Bank is founded by Lena Apler and Johan Möller 1999 Adds in-store commerce through acquisition. New external owners 2004 Starts offering factoring. Adds commerce through acquisition 2003 Credit card offering introduced 2010 2006 Starts offering saving accounts Expands to Norway and Finland 2005 Launches first mobile application: Betalkoll 2014 Starts offering property financing 2008 Bank licence pending SFSA approval 2013 2015 1 000 Total income (SEKm) 900 800 700 600 500 400 300 200 100 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Diversified financial services platform Nordic region is the main market for Collector Bank Segments and products Share of 2014 total income Personal loans Collector Bank offices Commerce Retail Credit cards 23% Saving accounts 18% 57% Oslo Factoring and Corporate lending Property finance Gothenburg (HQ) Corporate Debt collection Debt purchase Other: 1% Malmö Helsinki Stockholm Core building blocks of Collector Bank Corporate culture Entrepreneurship System, digitalisation and design High performance Credit analysis, data and scoring Low credit losses IT team 2.6% Commitment 1.4% Innovation 2010 Ethics 2014 Commerce Risk vs. reward Heritage One team Distribution tool Technology as enabler Focused on profitable growth Compelling growth opportunities going forward Historical outperformance and large headroom to take market share Market share for relevant market Products Market growth Personal loans ~10-15% Commerce ~15% Credit cards ~4% Retail Significant headroom to continue taking market share… Collector Bank growth c. 46% n/a …and proven ability to significantly outgrow the market Source: SCB, Statistik Centralbyrå Norge, Finlands Bank, Svenska Bankföreningen, Svensk Inkasso, Riksbanken. Note: Collector Bank growth based on CAGR 2012-14 (as of 31 December each year) and refers to credit portfolio excluding non-performing loans. Note: Market growth based on CAGR 2011-14 (except for credit cards which is based on 2010-14) and refers to outstanding credits in the market.
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