#1INVESTOR PRESENTATION FY2023 Banking on a brighter future CREDIT CORPORATION#2FY2023 OVERVIEW Improving Financial Performance Strong operating and financial performance . ● Increased interest income Increased dividends received Increased rental income Gains on investment valuations Reduced expenses to income ratio Increased earnings per share Strategic focus on generating value for our stakeholders Increased dividends to shareholders Disciplined cost controls Robust credit risk management New stakeholder engagement framework CREDIT CORPORATION 2#3STAKEHOLDER ENGAGEMENT Our stakeholder engagement approach is based on: PNGX Corporate Governance Code for Listed Issuers 3 GOOD HEALTH AND WELL-BEING W QUALITY EDUCATION 5 GENDER EQUALITY Stakeholder Engagement Standard (AA1000) United Nations Principles for 8 Responsible Banking United Nations Sustainable Development Goals. DECENT WORK AND ECONOMIC GROWTH PEACE, JUSTICE 16 INSTITUTIONS AND STRONG • Invest in our employees' health, safety and wellbeing Invest in community projects supporting health access Support access to quality education and training to enable our people to thrive in a digitised world Invest in education initiatives in the community Achieve gender equality at Board, executive and senior management levels Support businesses and associations in connecting and driving economic growth via trade shows and business conferences Support for stronger institutions to drive economic growth and promote shared prosperity Supporting iness tion has proudly Papua New Guine 1978 Says Thank you CREDIT CORPORATION Credit Cerati CREDIT CORPORATION VELMA rly Chhood ucation 湯 Supporting Bus SS proudly supp ew Guinea an#4Supporting the communities we live in Credit Corporation fosters long-term relationships by supporting important community and corporate projects and initiatives · • Project Wok - over 900 students provided essential job readiness training Project School Port Moresby Basketball Association sponsorship Buk Bilong Pikinini education program Agmark Gurias Rugby League Club sponsorship Sparrows Netball Club sponsorship Port Moresby Arts Theatre sponsorship Harlequins Rugby Club. Business Advantage Investment conference PNG Mining conference FRIEND Fiji Leadership Fiji Fiji Society for the Blind Transparency International PNG CREDIT CORPORATION ng ported and the PROJECT WOK YOUTH EMPLOYMENT READINESS PROGRAM Foundations to build Successful career#5FINANCE DIVISION Net Loan Receivables K492.7m up 19.1% Interest Income K72.8m up 10% Loan Impairment Expense (Reversal) (PGK'000) Impaired Assets % of Gross Loans & Total Provisions (PGK'000) 4,079 (19,050) (9,072) 34.68% 26.29% 114,988 18.01% 66,913 56,914 Net Interest Margin 12.72% down 0.04% NPAT 36,567 25,773 30,070 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 Growth restored in loan portfolio resulting in good growth in revenues NIM steady YOY Continued favourable improvement in credit quality. NPAT impacted by lower. writebacks overall in FY23 compared to prior years, as well as investment in resources, systems and employees for transition from finance company to a bank Launch of new bank is imminent CREDIT CORPORATION#6PROPERTY PORTFOLIO Rental Income K34.2m up 5% 24,987 32,561 Core Operating Profit K14.9m up 11% Net Operating Income K40.1m up 8% 37,160 40,128 34,221 14,902 13,403 10,228 ■FY21 ■FY22 ■FY23 ■FY21 ■FY22 ■ FY23 Positive growth in Rental Income 28,700 ■FY21 FY22 ■FY23 Sale of non-income producing vacant land at Gerehu during year Refurbishment of Stages 1& 2 EDL underway Occupancy Rate 84% Steady Operating Expenses K25.2m up 7% Fair Value of Portfolio K247.1m 1% CREDIT CORPORATION 99 6#7INVESTMENT PORTFOLIO Fair Value of Investment Property (PGK'000) CGA, CPL, 1,494 KAML, 3,830 Dividend Income K64.9m CIG, 15,539 69,285 CDB, 34 61,536 64,919 52,937 55,428 74,119 CCP has paid over K40m in dividends above receipts from BSP over last 5 years Total Shareholder Return in FY23 of 20.7% Compound annual growth rate in Total Shareholder Return for last 3 years 19% FY21 FY22 FY23 1 Dividend Received Dividend Paid 2 BSP, 497,229 Total Shareholder Return Dividend Per Share (toea) Share Price (PGK) BSP 24.1 2.00 22.5 ■CPL - City Pharmacy Ltd KAML - Kina Asset Management Ltd CGA PNG Air CIG Capital Insurance Group CDB Credit & Data Bureau 18.0 1.85 1.68 1 Dividends Received in calendar year. FY21 FY22 FY23 FY21 FY22 FY23 CREDIT CORPORATION 2 Dividends Paid reflects Interim Dividend paid in second half of FY23 and Final Dividend paid in subsequent year. 7#8GROUP RESULTS NPAT K134.9m up 56.8% 86,038 76,872 134,896 Core Operating Profit (normalised) K105.9m up 7.1% Dividends per Share and Earnings per Share 27.9 24.1 24.9 22.5 98,846 105,882 18.0 79,087 FY21 FY22 FY23 FY21 FY22 FY23 Returns on Equity and Assets 8.6% 10.7% 11.1% 170,694 Income and Expenses (PGK'000) 167,810 DPS (toea) EPS (toea) FY21 FY22 FY23 Expense to Income Ratio 183,460 51.3% 6.9% 7.0 5.4% 87,526 88,014 91,767 52.4% 43.8 50.0% FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 ROE ROA Income Expense CREDIT CORPORATION 8#9FY2023 OVERVIEW Beyond 2023 Our Vision To be recognised as one of the leading financial services groups in the South Pacific Our Values Driven Culture Fellowship I am genuine, inclusive and collegiate. Integrity I unfailingly act with integrity. Our Outlook Continued focus on strengthening operational performance through prudent and disciplined management of credit risks; increasing share of wallet with existing customers via expanded digital product offering; upskilling our people; and transitioning to a niche commercial bank. Growth I proactively collaborate and challenge myself and my colleagues to continually innovate, adapt and grow. Impact I am accountable to deliver to our customers and empowered to find impactful solutions and execute with excellence. Customer obsessed Everything I do, every decision I make, I make with the customer in mind, helping them to fund their future and achieve their dreams. CREDIT CORPORATION 6#10CREDIT CORPORATION €