HOIST FINANCE AB

Hoist Finance AB (publ) is a Swedish regulated credit institution headquartered in Stockholm and listed on Nasdaq Stockholm (ticker HOFI), focused on acquiring and servicing non-performing consumer loan portfolios from European banks and other lenders. The group operates through subsidiaries and branches in several European markets, including Sweden, Germany, the United Kingdom, France, Italy, Spain and Poland, combining balance sheet portfolio investments—purchasing charged-off or written-down receivables at a discount and collecting over time—with capital-light third-party servicing. Funding is sourced primarily from retail online savings and term deposits marketed under the HoistSpar brand and from wholesale instruments such as senior and subordinated debt, placing the company under Swedish prudential supervision with capital, liquidity and MREL requirements. Financial reporting under IFRS applies amortized cost and effective interest rate methodologies to portfolio investments; actual cash collections versus forecasts drive periodic revaluations, making earnings sensitive to collection performance and macro conditions. Disclosed metrics typically include estimated remaining collections (ERC), portfolio book value, return on portfolio investments, cost-to-income, leverage, and regulatory capital ratios (CET1 and total capital). In recent years the company has emphasized disciplined purchasing, deleveraging and cash generation as higher interest rates have raised deposit and bond funding costs while also expanding the pipeline of non-performing assets from lenders; it has increased the use of servicing and joint-venture structures to reduce balance sheet intensity. Key risk factors are cyclical and jurisdictional (employment, inflation, consumer protection and legal frameworks), model risk in portfolio pricing, operational and data-security risks, funding and interest rate exposure, and foreign exchange. Founded in the 1990s and listed since 2015, Hoist Finance reports quarterly and annually and is supervised by the Swedish Financial Supervisory Authority.