• Double digit 5-year CAGR in interest income and loan book
• Dedicated commercial division expected to drive origination growth
• FY26 expected to return to originations growth

Solvar Ltd's 2025 AGM presentation provides an overview of the company's financial performance and future outlook. The key highlights include:- Double-digit 5-year CAGR in interest income and loan book, demonstrating strong growth in the company's core business.- A dedicated commercial division is expected to leverage existing distribution channels and drive further origination growth.- FY26 is expected to return to originations growth, after a slight decrease in FY25.The presentation also covers the company's capital management strategies, including a share buyback program and a consistent dividend policy with a payout ratio of up to 90%. The company is moderately leveraged, with capacity to exceed 80% leverage, enabling loan book growth without additional equity.The Q1 FY26 financial results show continued stable performance, with a slight decrease in originations and cash collections, but maintaining credit quality within the target range. The company has significant funding headroom and is diversifying its funding sources.The outlook for FY26 includes growth in new loan originations expected to exceed $400 million, disciplined underwriting driving longer-term improvement in credit quality, and a forecast NPAT of $36 million (normalised). The company also plans to review its Money3 underwriting practices, sell the New Zealand arrears loan book, and complete an AFS technology uplift to drive improved originations. Additionally, the company is broadening its addressable market through the introduction of a new commercial lending product.

Forecast NPAT of $36.0 million (Normalised) for FY26, including a one-off sale of the New Zealand arrears loan book (NPAT uplift of $2 million).

Growth in new loan originations expected to exceed $400 million in FY26, with disciplined underwriting driving longer-term improvement in credit quality. Dividend payout ratio in line with FY25. Review of Money3 underwriting practices, sale of the New Zealand arrears loan book, completion of AFS technology uplift, and introduction of a new commercial lending product to broaden the Group's addressable market.