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WISR LIMITED Capital/Financing Update 2021

Oct 21, 2021

66093_rns_2021-10-21_bbbe475a-bda9-4f5a-ad75-2ec187964a96.pdf

Capital/Financing Update

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ASX RELEASE

Wisr Trading Update

Wisr Delivers 21 Consecutive Quarters of New Loan Growth

Wisr Warehouse Loan Book up 239% on pcp

Sydney, 22 October 2021 - Wisr Limited (ASX: WZR) (ACN 004 661 205) (“Wisr” , or the “Company”) is pleased to announce its 21st consecutive quarter of loan growth, originating $132M of new loans in Q1FY22, 113% up on Q1FY21 ( $62M ).

LOAN UPDATE HIGHLIGHTS:

  • New loan originations up: record growth of $132M, a 113% increase on Q1FY21 ($62M)

  • The Wisr Warehouse Loan Book balance now at $451M, growth of 239% pcp ($133M Q1FY21)

    • Total loan originations now $743M as at 30 September 2021 (142% Growth on pcp)

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Wisr Limited ACN 004 661 205 55 Harrington Street, The Rocks NSW 2000

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Q1 LOAN ORIGINATIONS:

Continuing its unbroken record of 21 consecutive quarters of growth , Wisr has now reached $743M in total loan originations since inception. The Wisr Warehouse loan book balance has grown 239% pcp to $451M as at 30 September 2021 (up from $133M 30 September 2020), setting up the Company to reach a wholly owned $1B loan book in the medium-term, and continue its growth beyond.

The Appendix 4C will be released at the end of the month in the Quarterly Activities Report.

COMMENTARY:

Mr Anthony Nantes, Chief Executive Officer, Wisr said, “21 straight quarters of new loan growth is a fantastic achievement. Looking to the next quarter and beyond into H2, there is such a massive runway of growth ahead of us in the markets of auto finance and personal loans as lock-down restrictions start to lift; consumer demand will only grow. Combined with our new $225M Wisr Secured Vehicle Warehouse coming into effect in Q2FY22, we’re in an incredibly strong position to continue to deliver sustained growth.

Wisr Limited ACN 004 661 205 55 Harrington Street, The Rocks NSW 2000

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“We're delivering a clear competitive advantage that’s taking market share, delivering significant quarter-onquarter growth through a two-year pandemic and building an industry changing consumer finance company that’s attracting Australia’s most creditworthy customers.” finished Mr Nantes.

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This announcement has been approved in accordance with the Company’s Continuous Disclosure Policy and authorised for release by the Board of Directors.

For further investor enquiries, please contact:

Vanessa Chidrawi Company Secretary E: [email protected]

About Wisr Limited

Wisr (ASX: WZR) is Australia’s first neo-lender with a commitment to the financial wellness of all Australians, through providing a smarter, fairer and wiser collection of financial products and services. Wisr provides a unique Financial Wellness Platform underpinned by consumer finance products, the Wisr App to help Australians pay down debt, multiple credit score comparison service, combined with content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians.

For more information visit www.wisr.com.au

Wisr Limited ACN 004 661 205 55 Harrington Street, The Rocks NSW 2000

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