• Statutory profit (after tax) of $13.9 million, up 13% on 2H25
• Net interest margin improved to 5.5% in 1H26
• Net credit loss remained low at 2.0% of average net receivables

Humm Group Limited (ASX: HUM) reported a Statutory profit (after tax) of $13.9 million for the half-year ended 31 December 2025 (1H26), representing a 13.0% increase on the second half of the financial year 2025 (2H25). This was primarily due to the absence of intangible impairments during the period. Relative to the prior comparative period (1H25), the 49.1% profit decrease was driven by an expected increase in credit losses in Commercial, $8.3 million of operating expenses attributable to regulatory, legal or compliance incidences, and the absence of a $7.9 million Expected Credit Loss (ECL) provision release in 1H25.The Group's performance remained stable during the period, supported by strong foundations underpinning the Commercial business and disciplined transition of the Consumer portfolio. Assets under management (comprising on-balance sheet gross loans and advances together with assets managed by the Group under the Forward Flow arrangement) declined by $0.1 billion to $5.4 billion, reflecting continued strength in Commercial and strong growth in humm Ireland, partially offset by the planned runoff of humm classic product and the impact of a weaker New Zealand dollar.Net interest income grew 2.9% on the prior comparative period and remained stable in 1H26, with Net Interest Margin recovering to 5.5% due to funding optimisation and Consumer yield improvement. The Group's stable net credit loss performance, with the rolling 12-month Net loss to Average Net Receivables across the Group remaining low at 2.0%, highlights the underlying credit quality, strong credit control processes and settings, and the diversification across products and geographies.The Group's established funding platform underpins the delivery of 10.2% capital efficiency in 1H26 and provides the flexibility to shift capital to where it creates the greatest value for shareholders. Return on Equity increased to 5.4% compared to 4.8% in 2H25, positively impacted by the repayment of the Perpetual Note in FY25.

The Group determined an interim dividend of 1.50 cents per ordinary share totalling $7.5 million, to be paid on 26 March 2026.