Investor Presentaiton

Overview of Funding Weighted average cost of funding 8.62% 8.02% 5.25% 3.11% 3.62% Comments ■ The Group's current funding consists of customer deposits and bonds ■ As the refinancing is completed, the Group will obtain a simpler and more streamlined capital structure ■In addition to bonds and customer deposits, Ferratum Group also has a EUR 35 million credit line with Nordea to support expansion of which EUR 20 million was drawn as at December 2018 ■ The Group started offering deposits for its customers in Sweden in January 2016 and has now rolled out the offering in Germany, Norway, France and Spain ■ Customer deposit will provide the principle source of financing for the operations going forward Historically Ferratum Bank sought a diversified funding mix of deposits and institutional bonds by issuing bonds itself. However, going forward the intention is that all capital market indebtedness of Ferratum Group is raised by the Issuer and transferred within the Group as intra-group loans ■The Group has been successful in decreasing its cost of capital in recent years primarily due to offering deposits, however the average interest slightly increased in 2018 to 3.62% due to the EUR 100 million bond issued in May 2018 ■ Interest and tenor on the Group's customer deposits varies but averages around 0.6% with an average tenor of a few months 2014 2015 2016 2017 2018 Overview of current funding structure 50% 7% 11% 5% Ferratum Capital Germany 4.875% 2019 | Ferratum Bank 3mE+6.25% 2020 Ferratum Capital Germany 3mE+5.50% 2022 27% Nordea Credit Line Deposits Debt Maturity Schedule To be refinanced 40 25 100 100 New bond issue - Ferratum Capital Germany 2023 Ferratum Capital Germany 3mE+5.50% 2022 Ferratum Bank 3mE+6.25% 2020 Ferratum Capital Germany 4.875% 2019 2019 2020 2021 2022 2023 ferratum 35 55

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