• Loan originations of $480 million, up 25% year-over-year
• Loan portfolio grew to $2.98 billion, up 24% year-over-year
• Strong credit performance with net losses of 91 basis points

Plenti Group Ltd has provided a trading update for the quarter ended 31 December 2025 (3Q26), reporting its fifth consecutive quarter of record loan originations. Loan originations totaled $480 million, up 25% from the prior corresponding period (PCP) and 1% above the prior quarter, despite having 5% fewer business days. The company's loan portfolio increased to $2.98 billion, a 24% increase from the PCP and a 5% increase from the prior quarter. Plenti's three lending verticals - automotive, renewable energy, and personal loans - all delivered strong and consistent growth. The company also reported strong credit performance, with annualized net credit losses of 91 basis points, down from 103 basis points in the PCP and 94 basis points in the prior quarter. 90+ day arrears remained low at 41 basis points, down from 47 basis points at the end of the PCP. Plenti also completed a $559 million automotive loan ABS transaction, its largest securitization deal to date, achieving the tightest pricing since 2021. Additionally, Plenti achieved its FY26 objective of a $3 billion loan portfolio, substantially ahead of the original target date of 31 March 2026. The company also announced the resignation of its Chief Financial Officer, Miles Drury, who will continue in the role during his four-month contractual notice period to ensure an orderly transition.

Plenti expects to continue to drive meaningful Cash NPAT growth, with Cash NPAT growth in the second half of FY26 compared to the first half. The company also remains on track to meet its efficiency objective of a cost to net margin below 57%.