Hoist Finance (HOFI) investor relations material

Executive summary

• Q4 2025 profit before tax reached SEK 492 million, up 76% year-over-year; full-year profit before tax was SEK 1.5 billion, a 14% increase from 2024.

• Return on equity reached 21.8% in Q4 and 17.6% for the year, both above targets.

• Achieved Specialised Debt Restructurer (SDR) status in February 2026, expanding investment capacity and releasing capital for growth.

• Investment portfolio grew to SEK 33.4 billion, with SEK 9.9 billion invested in 2025 and a robust pipeline for 2026.

• Board proposes a total dividend of SEK 6.0 per share, including a special dividend due to SDR status.

Financial highlights

• Q4 net profit was SEK 361 million, up 46% year-over-year; full-year net profit was SEK 1,139 million, up 12% year-over-year.

• Basic and diluted EPS for 2025 was SEK 11.59, up 15% from 2024.

• Collection performance reached a record 108% in Q4 and 105% for the year, adding SEK 105 million to Q4 profit.

• Operating expenses decreased 6% for the year, mainly due to lower administrative costs.

• Portfolio book value grew to SEK 33.4 billion, a 9% increase (15% underlying, currency-adjusted).

Outlook and guidance

• Targeting SEK 36 billion portfolio by end of 2026, with ambitions to reach it earlier.

• SDR status expected to further increase investment pace and market reach, subject to attractive returns.

• Strong investment pipeline and capital position support continued growth.

• High market activity and robust pipeline expected to continue.

• Capital Markets Day planned for Q3 2026 to present growth strategy through 2028.