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HUMM GROUP LIMITED M&A Activity 2026

Mar 8, 2026

65078_rns_2026-03-08_da90c5bb-2474-4900-879a-9181cdd4250b.pdf

M&A Activity

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9 March 2026

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Update on status of engagement with Credit Corp

Humm Group Limited (ASX: HUM) ( humm group or the Company ) refers to the voluntary undertakings that it has provided to the Takeovers Panel ( Panel ), as set out in the Panel's media release on 27 February 2026 ( Undertaking ).

As previously announced, on 19 November 2025 humm group received a confidential, conditional, nonbinding indicative proposal from Credit Corp Group Limited ( Credit Corp ) to acquire 100% of the shares in the Company ( Credit Corp Proposal ).

humm group provided an initial draft confidentiality deed that would govern Credit Corp's access to the confidential due diligence information to Credit Corp on 5 December 2025 ( Confidentiality Deed ). The Company and Credit Corp remain in negotiations regarding the Confidentiality Deed. The due diligence data room has been populated and access is ready to be granted to Credit Corp and its representatives, subject only to Humm and Credit Corp finalising and executing the Confidentiality Deed.

Since the Company's undertaking on 26 February 2026, the progress of the Confidentiality Deed negotiations has been as follows:

  • on Friday, 27 February 2026 at 11.31pm, the Company's advisers provided a further revised draft of the Confidentiality Deed to Credit Corp's advisers;

  • on Monday, 2 March 2026 at 3.41pm, the Company's advisers received a further revised draft of the Confidentiality Deed from Credit Corp's advisers;

  • on Wednesday, 4 March 2026 at 10.45 am, the Company's advisers provided a further revised draft of the Confidentiality Deed to Credit Corp's advisers;

  • on Wednesday, 4 March 2026 at 10.59pm, following an all parties call that commenced at 8.15pm on the same day, the Company's advisers received a further revised draft of the Confidentiality Deed from Credit Corp's advisers;

  • on Thursday, 5 March 2026 at 8.23pm, the Company's advisers provided a further revised draft of the Confidentiality Deed to Credit Corp's advisers;

  • on Friday, 6 March 2026 at 10.14am, the Company's advisers received a further revised draft of the Confidentiality Deed from Credit Corp's advisers; and

  • Humm believes the draft Confidentiality Deed is now in settled form and expects it to be formally executed by the Company and Credit Corp in the next few days, following which access to the due diligence data room will be granted to Credit Corp and its representatives in accordance with the terms of the Confidentiality Deed and the Undertaking.

humm Group Limited ACN 122 574 583 Level 14, 255 Pitt Street, Sydney, NSW 2000 Tel. +61-2-8905-2000

humm group shareholders do not need to take any action at this time. humm group will continue to keep the market informed in accordance with its continuous disclosure obligations and voluntary undertakings to the Panel.

Authorised for release by the Independent Board Committee of Humm Group Limited.

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Media Contact

Rebecca Emery – Head of Communications [email protected] +64 275 580 946

ABOUT HUMMGROUP

humm Group Limited ACN 122 574 583 (ASX: HUM) (“Company”, and with its other group and consolidated entities “ humm group” or “Group”) is a diversified financial services company that provides instalment plans which enable businesses and consumers to make large purchases. humm group operates in Australia, New Zealand, Ireland, Canada, and the United Kingdom. Its principal activities include the provision of Commercial Lending in Australia and New Zealand; Point of Sale Payment Plans; Australia Cards ( humm ®90, and Lombard); and New Zealand Cards (including Farmers Finance Card, Farmers Mastercard®, Q Card, Q Mastercard® and Flight Centre Mastercard®).

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