HUMM GROUP LIMITED — AGM Information 2022

Nov 16, 2022

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FY22 ANNUAL GENERAL MEETING

17 November 2022

Authorised for release by the humm group Board of Directors humm group limited ACN 122 574 583 Level 1, 121 Harrington Street, The Rocks, Sydney NSW 2000

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WELCOME

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CHAIRMAN’S ADDRESS ANDREW ABERCROMBIE

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CEO’S ADDRESS REBECCA JAMES

HUMMGROUP AGM // 17 NOVEMBER 2022

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COMMITMENT TO SHAREHOLDERS

01 | Grow shareholder value

02 | Balance returns and investment for growth

03 | Investment to be measured against key performance hurdles

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HUMMGROUP AGM // 17 NOVEMBER 2022

ONE COMPANY TWO BUSINESSES

TO BE THE FAVOURED WAY TO PAY FOR BIGGER PURCHASES

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CONSUMER FINANCE
#1 POS financier for ANZ leading provider
POSITIONING
transactions over $500 of specialist asset finance
CORE EXPERTISE
RECEIVABLES $1.8bn $1.5bn
>> Instant credit decisionin
g
VERTICALS/ Health // Car Servicing // >> Continual credit improvements Transport // Engineering //
INDUSTRIES Home // Travel driven b` data and scale Agriculture
y
CUSTOMER Families aged 35+ // >> Collections strategy and
SMEs looking to grow
PROFILE Home owners
management
$ATV [1] $4,000 >> Funding and securitisation to $100,000
gain competitive advantage and
CNPAT [2] $22.4m improve capital efficiency $28.7m
2.9% 0.7%
NET LOSS/ANR [3]
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1. Average Transaction Value (‘ATV’) for Consumer includes humm . NZ Cards and AU Cards Long Term Interest Free (‘LTIF’). 2. Cash Net Profit After Tax (‘CNPAT’). 3. Consumer finance ratio for receivables based products only – humm ‘Big things’ and NZ and AU Cards.

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HUMMGROUP AGM // 17 NOVEMBER 2022

EXECUTED KEY INITIATIVES TO STRENGTHEN FURTHER

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ALIGNING TO LAUNCHED TIGHTER INCREASED ‘BIG TICKET’ NEW CLOUD BASED MARGIN FINANCIAL CORE INSTALMENTS MANAGEMENT FLEXIBILTY TECHNOLOGY ` Accelerated growth in Commercial AU Delivered new scalable Repriced new originations Separated Consumer and instalment platform for the by 125-150bps Commercial Commercial NZ now 85% larger ticket Consumer business Closed humm pro Repriced NZ Cards back $709m additional capacity Aligned telephony and book to fund Commercial growth Closed bundll NZ click to chat across all sites in 1Q23 bundll AU will migrate to humm AU in preparation for Increased origination fees Successfully issued public consolidation to one centre Switched off non-viable POS leasing run-off complete securitisation for NZ Cards merchants Streamlined our partnerships 1Q23 Portfolio is 77% hedged Closure of humm NZ

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HUMMGROUP AGM // 17 NOVEMBER 2022

FY22 RESULTS

BIGGER TICKET PROFITABILITY ROBUST CREDIT COST STRONG LIQUIDITY FINANCIER FUNDING GROWTH PERFORMANCE REDUCTION POSITION $113m $51.1m of unrestricted cash Cash NPAT in FY22 $3.3b in receivables + 20% PCP 2.8% $9m $896m Net Loss/ANR` costs removed between warehouse headroom 1.4c H1 and H2 FY22 <2% Historical low for the Group Fully franked dividend, Down from 3.5% in FY21 in small ticket BNPL FY 3.1cps $110m in undrawn corporate debt Average transaction Inclusive of investment in Delivered by Additional reduction in $170m of additional value of $4k in Consumer international expansion enhancements to depreciation of $9m mezz capacity added in and new products credit decision engine the last 12 months 10% reduction in people Average loan value of employed (excluding ~$100k in Commercial Provides capital to 25+ year heritage Post-year end warehouse offshore) from December support dividends in finance headroom increased to June and growth to $1.2b

Average transaction value of $4k in Consumer Average loan value of ~$100k in Commercial

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HUMMGROUP AGM // 17 NOVEMBER 2022

FY23 HUMM GROUP PRIORITIES

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`
PROFITABLE STRONG CAPITAL PRUDENT REFOCUS IMPROVE
and resilient and funding position credit on the core profitability
business management through yield and
cost management
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HUMMGROUP AGM // 17 NOVEMBER 2022

FY23 CONSUMER PRIORITIES

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ALIGNING TO TECHNOLOGY SERVICE IMPROVING ‘BIG TICKET’ SIMPLIFICATION TRANSFORMATION MARGIN CORE Consolidation of humm AU bundll and Transitioning the domestic instalment business onto ` Reduce call volumes with greater self-serve capability Optimising profitability through disciplined through disciplined global technology platform in mobile apps Readying the product for return profiles regulation in Australia Simplify NZ Cards systems Consolidation of three via back book migration customer service centres Closure of BNPL NZ and transition to the Cloud to one

Optimising profitability through disciplined through disciplined management of merchant return profiles

Review of offshore investment levels and return horizons

$15-20m of in year cost savings in FY23 with $20-25m annualised >> Reduction in CAPEX investment to $18m >> Planning a further ~15% reduction in the number of people employed

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HUMMGROUP AGM // 17 NOVEMBER 2022

FY23 FLEXICOMMERCIAL PRIORITIES

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GROWING PRESENCE TECHNOLOGY FURTHER STRENGTHENING SHARPENING MARGIN IN CHOSEN SECTORS SIMPLIFICATION OUR BALANCE SHEET MANAGEMENT ` Increasing business development Investing in a scalable tech Enhancing and expanding Price front book to reflect team size and locations platform to facilitate growth warehouse facilities, capital implications of rising markets program interest rates Expanding broker channel Enhancing Systems: and mezzanine funding in New Zealand — Enhanced credit Receivables Two new warehouses management leading to — Inorganic growth opportunities Asset management established with senior lower losses – further through targeted accretive — Customer relationship funding development of risk-based acquisitions — pricing capability Supplier Payment Mezzanine funding introduced Maintain effective hedging strategies

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HUMMGROUP AGM // 17 NOVEMBER 2022

STRATEGIC UPDATE: OFFSHORE EXPANSION

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UNITED KINGDOM (UK)

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CANADA

RETREATING FROM ENGLAND TO IRELAND AND NORTHERN IRELAND

COMMITTED TO GROW AND INVEST IN CANADA

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• Large total addressable credit market, but more challenging macro environment

`

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• Strong growth potential with ~CAD50 billion market opportunity

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Prudently retreat from broader UK expansion, focus on profitable Irish business

Obtained UK credit license from FCA, can service customers in Northern Ireland

Reinvest in higher ROI opportunities in the near-term

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Attractive demographics and margins

Focus on big ticket instalment products

Team and new technology in place

Economic and regulatory conditions more aligned to domestic market

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Competitive dynamics are less challenging than other potential markets

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HUMMGROUP AGM // 17 NOVEMBER 2022

FUNDING AND CAPITAL ENVIRONMENT AND OUR BALANCE SHEET

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CEO’S ADDRESS IN CLOSING

HUMMGROUP AGM // 17 NOVEMBER 2022

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ITEMS OF BUSINESS

01 | Consideration of Reports

02 | Re-election of Director, Mr Stuart Grimshaw 03 | Re-election of Director, Ms Teresa Fleming 04 | Re-election of Director, Mr Anthony Thomson 05 | Re-election of Director, Mr Robert Hines 06 | Adoption of the 2022 Remuneration Report 07 | Ratification of Appointment of Auditor 08 | Renewal of Proportional Takeover Provisions

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 1. Consideration of Reports

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To receive and consider the Company’s Financial Report, Directors’ Report and the Independent Auditor’s Report for the year ended 30 June 2022.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 2.

Re-election of Director, Mr Stuart Grimshaw

To consider and, if thought fit, to pass the following resolution as an ordinary resolution:

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That Mr Stuart Grimshaw, a Director of humm group limited who retires in accordance with Article 10.3(b) of the Constitution, and being eligible, and offering himself for re-election, is re-elected as a Director of humm group.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 2.
Re-election of Director, Mr Stuart		Grimshaw
Proxy numbers
For	—	258,303,841	95.83%
Against	—	10,115,439	3.75%
Open	—	1,110,746	0.41%
Abstain	—	359,960

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 3.

Re-election of Director, Ms Teresa Fleming

To consider and, if thought fit, to pass the following resolution as an ordinary resolution:

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That Ms Teresa Fleming, a Director of humm group limited who retires in accordance with Article 10.3(b) of the Constitution, and being eligible, and offering herself for re-election, is re-elected as a Director of humm group.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 3.
Re-election of Director, Ms Teresa		Fleming
Proxy numbers
For	—	266,237,746	98.80%
Against	—	2,116,134	0.79%
Open	—	1,128,746	0.42%
Abstain	—	407,360

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 4.

Re-election of Director, Mr Anthony Thomson

To consider and, if thought fit, to pass the following resolution as an ordinary resolution:

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That Mr Anthony Thomson, a Director of humm group limited who retires in accordance with Article 10.3(b) of the Constitution, and being eligible, and offering himself for re-election, is re-elected as a Director of humm group.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 4. Re-election of Director, Mr Anthony Thomson Proxy numbers

For	—	266,739,602	98.99%
Against	—	1,598,278	0.59%
Open	—	1,135,146	0.42%
Abstain	—	416,960

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 5.

Re-election of Director, Mr Robert Hines

To consider and, if thought fit, to pass the following resolution as an ordinary resolution:

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That Mr Robert Hines, a Director of humm group limited who retires in accordance with Article 10.3(b) of the Constitution, and being eligible, and offering himself for re-election, is re-elected as a Director of humm group.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 5.
Re-election of Director, Mr Robert		Hines
Proxy numbers
For	—	266,729,224	98.98%
Against	—	1,402,187	0.52%
Open	—	1,338,782	0.50%
Abstain	—	419,793

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 6.

Adoption of Remuneration Report

To consider and, if thought fit, to pass the following non-binding resolution of the Company:

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That, for the purposes of section 250R(2) of the Corporations Act 2001 (Cth) , the Company’s Remuneration Report for the financial year ended 30 June 2022, as set out in the Annual Report, be adopted.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 6. Adoption of Remuneration Report Proxy numbers

For	—	128,587,993	91.88%
Against	—	10,345,197	7.39%
Open	—	1,012,135	0.72%
Abstain	—	725,032

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 7.

Ratification of Appointment of Auditor

To consider and, if thought fit, to pass the following ordinary resolution of the Company:

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That for the purposes of section 327B(1)(b) of the Corporations Act 2001 (Cth) and for all other purposes, Ernst & Young Limited, having been nominated by a shareholder and having consented in writing to act as auditors of the Company, be appointed as auditors of the Company.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 7. Ratification of Appointment of Auditor Proxy numbers

For	—	267,333,673	99.13%
Against	—	1,297,696	0.48%
Open	—	1,058,867	0.39%
Abstain	—	199,750

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 8.

Renewal of Proportional Takeover Provisions

To consider and, if thought fit, to pass the following as a special resolution of the Company:

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That, the proportional takeover provisions in Articles 6.9 – 6.13 of the Company’s Constitution, as set out in Annexure B of the Notice of Meeting, be renewed for a period of three years commencing on the day this resolution is passed.

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HUMMGROUP AGM // 17 NOVEMBER 2022

Item 8.
Renewal of Proportional	Takeover	Provisions:
Proxy numbers
For	—	265,874,757	98.83%
Against	—	2,020,000	0.75%
Open	—	1,139,868	0.42%
Abstain	—	855,361

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THANK YOU

HUMMGROUP AGM // 17 NOVEMBER 2022

DISCLAIMER

No recommendation, offer, invitation or advice

This presentation is not a financial product or investment advice or recommendation, offer or invitation by any person or to any person to sell or purchase securities in humm group in any jurisdiction. This presentation contains general information about humm group only in summary form and does not take into account the investment objectives, financial situation and particular needs of individual investors. The information in this presentation does not purport to be complete. Investors should make their own independent assessment of the information in this presentation and obtain their own independent advice from a qualified financial adviser having regard to their objectives, financial situation and needs before taking any action. This presentation should be read in conjunction with humm group’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange.

Exclusion of representations or warranties

The information contained in this presentation may include information derived from publicly available sources that has not been independently verified. No representation or warranty, express or implied, is made as to the accuracy, completeness, reliability or adequacy of any statements, estimates, opinions or other information, or the reasonableness of any assumption or other statement, contained in this presentation. Nor is any representation or warranty, express or implied, given as to the accuracy, completeness, likelihood of achievement or reasonableness of any forecasts, prospective statements or returns contained in this presentation. Such forecasts, prospective statements or returns are by their nature subject to significant uncertainties and contingencies many of which are outside the control of humm group. Any such forecast, prospective statement or return has been based on current expectations about future events and is subject to risks, uncertainties and assumptions that could cause actual results to differ materially from the expectations described. Readers are cautioned not to place undue reliance on forward looking statements. Actual results or performance may vary from those expressed in, or implied by, any forward looking statements. humm group does not undertake to update any forward looking statements contained in this presentation. To the maximum extent permitted by law, humm group

and its related bodies corporate, directors, officers, employees, advisers and agents disclaim all liability and responsibility (including without limitation any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation.

Jurisdiction

The distribution of this presentation including in jurisdictions outside Australia, may be restricted by law. Any person who receives this presentation must seek advice on and observe any such restrictions. This document is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment. In particular, the document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of humm group have not been, and will not, be registered under the US Securities Act of 1933 (as amended) (“Securities Act”), or the securities laws of any state of the United States. Each institution that reviews the document that is in the United States, or that is acting for the account or benefit of a person in the United States, will be deemed to represent that each such institution or person is a “qualified institutional buyer” within the meaning of Rule 144A of the Securities Act of 1933 , and to acknowledge and agree that it will not forward or deliver this document, electronically or otherwise, to any other person. No securities may be offered, sold or otherwise transferred except in compliance with the registration requirements of applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of applicable securities laws.

Investment risk

An investment in humm group securities is subject to investment and other known and unknown risks, some of which are beyond the control of humm group. humm group does not guarantee any particular rate of return or the performance of humm group securities. All amounts are in Australian dollars unless otherwise indicated.

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