Home Credit 2 nd Quarter 2018 Results Presentation September 5 th , - PowerPoint PPT Presentation

Home Credit 2 nd Quarter 2018 Results Presentation September 5 th , 2018 1

Disclaimer This presentation has been prepared solely for informational purposes and shall not be considered as an offer to sell or the solicitation of an offer to buy, subscribe for or otherwise acquire any securities of or obtain lending services from Home Credit B.V., PPF Group N .V. or any of their affiliates in any jurisdiction and shall not be treated as any investment advice or recommendation. This presentation is not directed to, or intended for distribution or use, w here it is prohibited by operation of law. The presentation does not take into account, in any way whatsoever, the investm ent objectives, financial situation or specific needs of its recipients. This presentation and its contents may not be copied or disseminated, in part or as a w hole, without prior written consent of Home Credit B.V. Information and opinions presented in this presentation m ay have been obtained or derived fromvarious sources w hich are believed by H ome Credit B.V. to be reliable but such information has not beenverified by Home Credit B.V. Certain information in this presentation is based on management estimates. Such estimates have been made in good faith and represent the current beliefs of mem bers of management. Those managem ent members believe that such estim ates are founded on reasonable grounds. However, by their nature, estimates may not be correct or complete. Accordingly, no representation or warranty (express or implied) is given that such estimates are correct or complete. Where this presentation quotes any information or statistics from any external source, it should not be interpreted that Home Credit B.V. has adopted or endorsed such information or statistics as being accurate. This presentation contains forward-looking statements. These statem ents reflect the Home Credit B.V.’s current knowledge and its expectations and projections about future events and may be identified by the context of such statements or w ords such as “anticipate,” “believe”, “estimate”, “expect”, “intend”, “plan”, “project”, “target”, “may”, “will”, “would”, “could” or “should” or similar terminology. By their nature, forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Home Credit B.V.’s control that could cause the actual results and performance to differ materially from any expected future results or perform ance expressed or im plied by any forward-looking statements. No representation or warranty whatsoever, express or implied, is made as to the accuracy, completeness, consistency or the reliability of the informationcontained in this document and nothing contained in this presentation is, or should be relied upon as, a promise or representation. We accept no liability for loss arising from the use of any information or acting on any opinion contained in this document. We retain the right to change the contents of this presentation at any time without notice. Neither Home Credit B.V. or any other person is under any obligationto update orkeepcurrent the informationcontained in this presentation or to correct any inaccuracies in any such information which may become apparent or to provide you with any additional information. None of its directors, officers, employees, direct or indirect shareholders, agents, affiliates, advisors or any other person accept any responsibility, liability or duty of care whatsoever for thecontents of this presentation, and no representation or warranty, express or implied, is made by any such person in relationto the contents of this presentation. The numbers in this presentation are largely taken from the audited consolidated IFRS statements of Home Credit B.V. In the interest of comparability certainnumbers of PT. Home Credit Indonesia are pro-forma. For more information on Home Credit Group, please visit www.homecredit.net. 2

Meeting Agenda 1. HIGHLIGHTS OF 2Q18 2. GROUP FINANCIAL PERFORMANCE 3. COUNTRY PERFORMANCE 4. APPENDIX 3

Home Credit had a strong 2Q18 Total net loans as at 2Q18: €16.4bn 2Q18 Highlights Other OVERALL: Rest … 5% Asia (excl. China) 10% • 2Q18 Net income up to €71m from €(31m) in 1Q18 and €53m in 2Q17 CZ & SK • Cost of risk down from 14.9% to 10.6% QoQ Consumer 8% durables • Net interest margin improved by 2.1p.p. from 2Q17 to 2Q18 loans 30% • Cost income ratio down from 53.4% to 45.0% YoY China Russia Cash loans 63% 15% COUNTRY HIGHLIGHTS: 65% • China: Cost of risk reduced from 21.3% in 1Q18 to 13.9% in 2Q18 Key metrics and business mix 2Q18 Net income of €46m (+ €134m QoQ) • Russia: Contactless payments introduced Ratios are annualized where applicable. Expert RA upgraded HCFB to ruA- with stable outlook 1Q17 2Q17 2017 1Q18 2Q18 (2) First to issue loans using Unified Biometric System to identify clients Deposits (€bn) 5.6 5.5 6.4 6.5 6.7 • Kazakhstan: Continuing strong performance Gross loans (€bn) 12.3 13.6 16.9 17.3 18.6 • Vietnam: Fitch assigned B+ longer term rating to HC VN, being the first consumer Equity (€bn) 1.6 1.5 2.0 1.8 1.8 (1) finance company in Vietnam rated by Fitch Net income (€m) 79.6 52.9 243.8 (30.8) 71.1 • India: Continuing expansion – reaching 120 citi es acr oss 20 states in 2Q18 Net interest margin 14.2% 13.7% 14.7% 15.6% 15.8% compared to 77 cities in 15 states in 2Q17 Cost of risk 7.6% 8.3% 8.9% 14.9% 10.6% Rating upgraded to A- by CARE Cost income ratio 53.0% 53.4% 52.0% 45.7% 45.0% Net loss decreased to €(4m) in 2Q18 from €(17m) in 2Q17 RoAE 20.5% 13.6% 14.5% (6.5%) 15.7% • Indonesia: Net income grew to €0m in 2Q18 from €(6m) in 2Q17 # of distribution points (‘000) 308.7 364.7 399.3 403.6 429.6 Cost income ratio improved to 75.1% in 2Q18 from 109.4% in 2Q17 # of active customers (m) 23.4 26.5 29.9 28.9 29.0 • Philippines: Profitable in each month of 2018 (1) Impact, net of tax, ot the introduction of IFRS 9 amounts to a reduction in equity of €203m Cost income ratio improved to 72.3% in 2Q18 from 85.2% in 2Q17 at 1 January 2018. (2) Under IAS 39, profit before tax would have been higher by €41m in 1H18 (compared to • CZ & SK: Mature and profitable business profit before tax as reported, i.e. including IFRS 9 adoption). 4

Strengthened leadership to support Home Credit performance and transformation „Ondrej Frydrych joins as Group CEO allowing Jiri Smejc to transition into the role of Executive Chairman“ Ondrej Frydrych background Group CEO Executive Chairman Ondrej Frydrych Jiri Smejc • CEO - Home Credit - China • CEO – Eldorado – Russia • Partner & CEO – Adastra Consulting – Czech Republic Group strategy Day-to-day performance • Technical University of Liberec Partnerships Support online growth • MBA - Rochester Institute M&A Push digital transformation of Technology • Computer Science - Dublin Institute of Technology 5

Home Credit five key strategy pillars Online & Offline Responsible Attractive Lending Markets Strong Leading Risk Funding Management 6 5

Leading positions in attractive markets GDP Growth Total Assets Country Population (m) RoAE 2Q18 (3) Total Assets 2Q18 (€m) 2017 (2) Growth (YoY) China 1,415 11,496 6.9% 14.2% 23.7% India 1,354 679 6.6% (12.4%) 101.5% US 327 71 2.3% (113.1%) 146.3% (1) Indonesia 266 5.1% 0.1% 387 106.2% Russia 143 1.5% 17.5% 3,623 14.0% Philippines 106 6.7% 23.7% 334 139.6% Vietnam 96 6.8% 33.8% 698 29.4% Kazakhsta 18 4.0% 39.7% 683 55.6% n CZ & SK 15 4,228 17.1% CZ 4.3% / SK 3.4% 17.7% (1) Included portfolio which is not on HC books and is financed within JFS (2) Source: The World Bank 7 (3) Annualized

Strong online growth driven by HC APP and partnerships Sales volume (€m) Mobile app – monthly active users (‘000) 14 000 838 12 000 +74% +224% 221% 10 000 8 000 482 +43% 6 000 368 258 4 000 2 000 0 03/17 06/17 09/17 12/17 03/18 06/18 1Q17 2Q17 1Q18 2Q18 Social media followers: 9,977,529 as at 2Q18 / +74% QoQ growth 8

Home Credit keeps expanding its network and client base Number of POS (‘000) 430 17.8% 365 56 14 29 Asia (excl. 14 China) (1) Other 252 166 225 7 China 18 38 Russia 97 103 108 2014 2Q17 2Q18 Active clients 9.1m 26.5m 29.0m +9.4% 44.4m 83.7m 106.1m Total clients +26.7% (1) Other includes Czech Republic, Slovakia, Belarus, Kazakhstan, US. 9

Home Credit Cost income ratio is improving continuously Cost income ratio 53.4% 53.0% 52.0% KEY DRIVERS ARE: • Economies of scale enabled by growth in key countries 45.7% • Roll-out of mobile and alternative distribution 45.0% channels 1Q17 2Q17 2017 1Q18 2Q18 Number of employees (‘000) 135.5 144.8 157.7 140.1 130.8 10