HUMM GROUP LIMITED — Capital/Financing Update 2022

Jun 23, 2022

==> picture [596 x 165] intentionally omitted <==

24 June 2022

humm group – financial position update

humm group limited (ASX: HUM) ( the Company , Humm or humm group) today provides an update to correct earlier media and analyst commentary.

In an article published in the Australian Financial Review on 21 June 2022 there was reference to an analyst note dated 20 June 2022 in which observations were made in relation to Humm’s compliance with its funding covenants.

Humm remains in a strongly capitalised position with surplus unrestricted cash and no drawn corporate debt. The Company remains comfortably within its covenants and has no plans to raise equity.

As reported in humm group’s 1H22 results, as of 31 December 2021 Humm had unrestricted net cash position of $132m, and an undrawn syndicated debt facility of $110 million.

-ENDS-

Authorised for release by the Disclosure Committee.

Investor Contact

Media Contact

Craig Horlin, Head of FP&A Lauren Thompson – Domestique Consulting +61 417 372 474 +61 438 954 729

Hayley Ashburner – Domestique Consulting +61 497 554 588

ABOUT HUMM GROUP

humm group is revolutionising the way people pay. humm group has developed some of Australia and New Zealand’s most exciting and accessible consumer finance products including humm , bundll , humm 90 and humm pro. humm group continues to design products around the core needs of financially savvy consumers spanning millennial spenders through to young families and SMEs. humm group facilitates purchases for over 2.7 million customers and operates in Australia, New Zealand, Ireland and the United Kingdom.

humm group limited ASX: HUM ACN 122 574 583 Level 1, 121 Harrington St, The Rocks, NSW 2000 Tel.+61-2-8905-2000