[PPT] - 2 Share of TF Bank's loan book 79% Share of TF PowerPoint Presentation

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Loan book

5.5bn

Loan book growth

7%

Countries

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Share of TF Bank's loan book Share of TF Bank's operating income 79% 75%

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Loan book

1.1bn

Loan book growth

7%

Countries

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Share of TF Bank's loan book Share of TF Bank's operating income 16% 20%

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Loan book

0.4bn

Loan book growth

21%

Countries

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Share of TF Bank's loan book Share of TF Bank's operating income 5% 5%

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1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 TF Bank Consumer Lending Ecommerce Solution Credit Cards

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Poland ▪ Focus on e-commerce and profit. New rate cap will make life difficult for payday lenders. A possibility? Sweden ▪ Focus on profitability and e-commerce Norway ▪ Continued positive longterm outlook on the norwegian economy. Focus on growth and margins Finland ▪ New rate cap proposal of 10% until the end of the year. If implemented it will mean low origination in consumer lending The Baltic states ▪ Portfolio management and profitability focus in consumer

lending. E-commerce considered a better risk

Germany ▪ Credit card product in high demand. Building for scale

Sweden Norway Finland Baltics Poland Germany

Loan book

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176 189 196 208 213

15.6% 15.0% 14.3% 13.7% 13.2%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0%

50 100 150 200 250 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 SEK million 44 47 46 51 60

3.7% 3.6% 3.5% 3.4% 3.4%

0.0% 2.0% 4.0% 6.0% 8.0%

10 20 30 40 50 60 70 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 SEK million 67 71 71 78 80

38.0% 37.6% 36.5% 37.3% 37.7%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

10 20 30 40 50 60 70 80 90 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 SEK million

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1,000 2,000 3,000 4,000 5,000 6,000 7,000 1 Jan 2019 31 Dec 2019 31 Mar 2020 Stage 1, net* Stage 2, net* Stage 3, (non-performing)*

94% 5%

Stage 3, gross (non-performing)

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SEK Million 94% 94% 1%

Stage 2, gross

9 4% 2% 4% 2%

Total Assets SE SEK 9. 9.0b 0bn

Total Assets SEK 37.4bn Total Assets SEK 41.7bn Peer 1 Peer 2

3,2% 3,2% 12,6% 12,6% 17,5% 3,8%

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230 289 66 73 50 100 150 200 250 300 12M'18 12M'19 Q1'19 Q1'20 10

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+26% +11%

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10 20 30 40 50 60 70 80 90 100

Consumer Lending Ecommerce Solutions Credit Cards TF Bank 45 24 11 80 10 20 30 40 50 60 70 80 90 Consumer Lending Ecommerce Solutions Credit Cards TF Bank SEK million 11

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SEK Million +73

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+73 C/I: 28% C/I: 56% C/I: 108% C/I: 38% 9.6% 12.3% 5.1% 9.9% 0.0% 4.0% 8.0% 12.0% 16.0% Consumer Lending Ecommerce Solutions Credit Cards TF Bank +10

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Finland 419 Central banks Sweden 1,086 Norway 2,151 Germany 4,008 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000

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Germany Norway Finland Sweden

SEK million

Liquidity reserve* Deposits from the public 24% of deposits

Distribution of deposits 52% 15% 28% 5%

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17,1% 14,1% 12,5% CET1 T1 T1+T2

Headroom Headroom Headroom

CET1 CET1 CET1 T1 T1+T2 T1 12.5% 7.9% 7.9% 7.9% 14,1% 17,1% 4.6% 9,6% 9,6% 4.5% 11,8% 5.3% Capital ratios 31 March 2020 Headroom to CET1 legal capital requirements (including Pillar 2) Headroom to T1 legal capital requirements (including Pillar 2) Headroom to T1+T2 legal capital requirements (including Pillar 2)

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Q&A Session

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APPENDIX

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100 200 300 400 500 600 700 800 900 1,000 2,000 3,000 4,000 5,000 6,000 7,000 1992 2001 2010 2019 SEK million Loan portfolio Operating income

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Tone Bjørnov Board member since 2015

Current commitments: Chairman: Filmparken AS, Storyline Studios AS, Hausmann AS Board member: Storyline Studios AS, Aqua Bio Technology ASA, Sparebankstiftelsen Bien, Guard Automation AS, Guard Electro AS, Omsorgsbygg Oslo KF, sparebanken Bien ASA, Varme og Bad AS

Charlotta Björnberg- Paul Board member since 2017

Current commitments: Chairman: Saxo Oy Board member: Paptic Ltd Co-founder: Superskills Entrepenuer; Anki Rugs

Mari Thjømøe Chairman of the Board since 2018 Board member since 2017

Current commitments: Chairman: Seilsport Maritimt Forlag AS Deputy chairman: Norconsult AS Board member: Hafslund E-CO AS, Scatec Solar ASA, Ice ASA, Tryg A/S

John Brehmer Board member since 2010

Current commitments: Chairman: Mederion AB, Tiberon AB, Zebware AB Board member; Consortio Fashion Holding AB, TFB Holding AB, Halens Real Estate AB

Bertil Larsson Board member since 2007

Current commitments: Chairman: LåsTeam Sverige AB, Minso Solutions AB, Minso Holding AB, Aktiebolaget Borås Tidning, AB Effektiv Board member: Conpera AB, Tore G Wärenstams stiftelse, Gota Media AB, Brf Asplyckan, Kyrkesunds Båthamnsförening

Mattias Carlsson Board member since 2008

Current commitments: Chairman: Smedslättens Tennisbanor Aktiebolag, Qred AB Board member: Tronstad Consulting AB

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Mikael Meomuttel CFO, Deputy CEO and Head of Investor Relations

Education: MSc, Business/Economics and Finance, University

f Borås/University of Gothenburg.

At TF Bank since 2009, 2014 deputy CEO and from 2018 also the Group’s Head of IR. Previously, among other things, been Financial Controller at Consortio Fashion Group AB (CFG).

Mattias Carlsson CEO

Education: MSc, Engineering Physics, Uppsala University. Current commitments: Smedslättens Tennisbanor Aktiebolag (chairman), Qred AB (chairman), and Tronstad Consulting AB (board member).

Espen Johannesen Head of Consumer Lending

Education: Executive M.B.A Management control Norwegian School of Economics (NHH), Bachelor of economics, Business BI Norwegian School of Management At BB Bank since 2010.

Mikael Johansson Head of Ecommerce Solutions

Education: MSc Business Administration and Matemathics Stockholms universitet With the Group since 2016 as CEO of Avarda. Previously, among other things, at GE Commercial Finance and as CEO of Santander Consumer Bank Sweden. Current commitments: Svenska Bilhandlare AB (chairman)

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Björn Skytt CIO

Before joining TF Bank in 2010 worked as integration manager for ICA Banken and prior to that as project manager and system manager for SKF’s financial and treasury systems.

Juho Maanpää Head of Finland

Extensive consumer finance experience in Finland within

perations

management, credit risk and digital

marketing. With TF

Bank since 2013.

Wojciech Drozd Head of Poland

Sales leader with 20+ years of extensive consumer finance and retail banking experience from GE Money Bank Poland and Bank BPH.

Vilma Sool Regional manager Baltics Head of Estonia

10 years of experience in the consumer finance sector – established and led Bigbank Swedish branch.

Krzysztof Blach Credit Manager

Credit Risk Manager with 15 years of experience in retail banking sector. Worked for GE Money Bank and BPH Bank in Poland holding various positions and for KBC Group across Europe.

Juris Pūce Head of Latvia

Before joining TF Bank in 2016, worked for seven years in Bigbank, serving as country manager in Latvia and Spain and in various positions with credit management services provider Creditreform.

Sarunas Dmukauskas Head of Lithuania

Before joining TF Bank at end of 2018, worked for 2 years in Mokilizingas as Head of Projects and prior to that as a project and product manager of Consumer

Loans. Led development of

various financial service related IT solutions.

Lennart Swoboda Head of Germany

Seasoned Fintech and Bank manager in several positions in leading institutes. Prior establishing German business, led several M&A & Strategy projects for blue-chip Debt Management firms.

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