B2 Impact ASA

Earnings Release • Nov 6, 2025

B2 Impact ASA: Third quarter results 2025

B2 Impact ASA: Third quarter results 2025

(Oslo, 2025-11-06)

Financial highlights:

* Investments of NOK 675m and NOK 3bn committed for 2025

* Unsecured collection performance of 108% (108%)

* Cash collections of NOK 1,858m (1,326m)

* Cash EBITDA of NOK 1,521m (1,012m)

* Adj. Net profit of NOK 212m (122m)

* Adj. Earnings per share of NOK 0.57 (0.33)

(Comparable numbers for 2024 in brackets)

Collections remained strong in the third quarter with an unsecured collection

performance of 108%. Cash collections were up 40%, driven by 14% growth in

unsecured collections and REO sales of NOK 468 million in the quarter.

Cash EBITDA was NOK 1,521 million up 50% from the same quarter last year and

adjusted EBIT was NOK 476 million up 18%. Adjusted Net profit was NOK 212

million equivalent to adjusted Earnings per share of NOK 0.57, up from NOK

0.33 in the same quarter last year. Earnings per share YTD is NOK 1.49

tracking well ahead of the full year target.

B2 Impact invested NOK 675 million in new portfolios in the third quarter. The

company is observing a high activity going into the fourth quarter. The

investments in the third quarter were predominantly unsecured portfolios

within consumer finance and banking. Year to date, the Group has invested and

committed NOK 3 billion for 2025.

B2 Impact has a solid and diversified funding structure to support further

growth. The leverage ratio at the end of the third quarter was 2.04x. With the

latest bond issue in September, the Group has further reduced its cost of debt

with annual cost savings of NOK 40 million. The Group holds an EUR 610 million

senior secured revolving credit facility (RCF) and three senior unsecured bond

loans of EUR 600 million in total.

"As we enter the fourth quarter, we are on track to deliver on our updated

financial targets for 2025 and an increased dividend to be paid to our

shareholders. We have laid a solid foundation for further financial

improvements in 2026 during this year, and we look forward to sharing

financial targets for 2026 in the fourth quarter." said Trond Kristian

Andreassen, CEO of B2 Impact ASA.

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For further information, please see the Q3 2025 presentation and report

attached. The documents are also available on the Company's website:

www.b2-impact.com (http://www.b2-impact.com/)

Definitions of alternative performance measures can be found in the report and

presentation.

The results will be presented in an audiocast from 08:30 CEST today through

this link:

Third quarter 2025 Presentation

(https://b2-impact.videosync.fi/third-quarter-2025-presentation/register)

Live viewers can submit their written questions for the Q&A in the provided

form in the audiocast player.

The audiocast can also be accessed through the following link where questions

for the Q&A can be asked live:

Call access

(https://player.videosync.fi/b2-impact/third-quarter-2025-presentation/dial-in)

A recording of the audiocast will be available on-demand after the live stream

is concluded.

For further information, please contact:

Rasmus Hansson

Head of Investor Relations and M&A

Mobile: +47 952 55 842

E-mail: rasmus.hansson@b2-impact.com

Or

André Adolfsen

CFO

Mobile: +47 930 19 150

E-mail: andre.adolfsen@b2-impact.com

About B2 Impact

B2 Impact is one of the leading pan-European debt management companies. B2

Impact offers solutions to the challenges created by defaulted loans, and

provide liquidity to financial institutions, contributing to a healthier

financial system. B2 Impact promote lasting financial improvement through

transparent and ethical debt management. B2 Impact is headquartered in Oslo,

Norway and the B2 Impact share is listed on the Oslo Stock Exchange under the

ticker "B2I".

For further information, visit www.b2-impact.com (http://www.b2-impact.com/)

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to Section 5-12 of the Norwegian Securities Trading Act. This stock exchange

announcement was published by Rasmus Hansson, Head of Investor Relations and

M&A at B2 Impact ASA, on 06.11.2025 at 07:00 CEST.