Investor Presentaiton

IFRS 9 diligent review and modifications Ferratum Group applied IFRS 9 as of 1 January 2018. IFRS 9 requires the recognition of loans at fair value, therefore any expected losses must be accounted for at the disbursement date Based on the initial assessments undertaken in Q1 2018, the total adjustment (net of tax) of the adoption of IFRS 9 on the opening balance of Ferratum Group's equity at 1 January 2018 was approximately EUR 7.6 million, representing: ■ a reduction of approximately EUR 9.3 million related to higher credit loss provisions ▪ an increase of approximately EUR 1.7 million related to deferred tax impacts During annual closing the used IFRS 9 modelling went through a diligent review and was modified in two elements: ■The default definition for PlusLoans, Prime Loans and SME lending was changed from 90+ days past due to 60+ days past due ■The statistical modelling for the probability of default for Credit Limit, Plusloans Prime loans and SME lending has been improved These changes of the credit loss provision model have to be applied consistently for the whole financial year 2018. This requires a change of the total adjustment (net of tax) on the opening balance of Ferratum Group's equity at 1 January 2018 from initially EUR 7.6 to finally EUR 15.1 million, representing: ■ a reduction of approximately EUR 20.9 million related to higher credit loss provisions ▪ an increase of approximately EUR 5.8 million related to deferred tax impacts ferratum 54

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