Investor Presentaiton

Ferratum Bank Income Statement Comments ■ As the Group has rolled out its bank offering across core markets, the Group's interest income has increased steadily with EUR 110 million in revenues recorded for 2018 ■ Interest and similar income is impacted by loans and advances to customers which consist of loans granted to individuals and are principally unsecured ■ The loans and advances are effectively subject to a fixed interest rate as all the Bank's revenue streams are amortised over the expected term of consumer loans using the effective interest method Income Statement EUR '000 2018 2017 2016 2015 2014 Interest and similar income 110,176 90,654 62,822 42,788 18,349 Interest and similar expense -4,633 -3,994 -2,973 -1,442 -255 Net interest income 105,542 86,660 59,849 41,346 18,094 Fee and commission income 2,739 2,717 803 344 208 Fee and commission expense -7,487 -7,284 -6,143 -2,729 -702 Net fee and commission and expense -4,748 -4,567 -5,340 -2,385 -494 Net interest income and Operating profit (EUR thousands) Net trading gains Operating profit 100,795 82,093 54,509 38,961 17,600 105,542 100,795 Employee compensation and benefits -8,690 -8,555 -7,621 -4,535 -2,422 86,660 82,093 Other operating costs -40,780 -29,172 -20,225 -13,170 -6,134 59,849 54,509 41,346 38,961 Depreciation and amortisation -436 -339 -136 -34 -21 Net impairment losses -37,188 -33,277 -23,262 -13,835 -5,281 Profit before tax 13,701 10,750 3,266 7,387 3,743 2015 2016 2017 2018 Tax expense -1,096 -661 -240 -2,586 -1,310 Net interest income Operating profit Profit for the period total comprehensive income 12,605 10,088 3,025 4,802 2,433 Note: Preliminary financial results for Ferratum Bank 2018. ferratum 60 60

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