• Federal Court orders Money3 Loans Pty Ltd, a Solvar subsidiary, to pay $1.55m penalty
• Penalty relates to limited contraventions of National Consumer Credit Act from 2019-2021
• Solvar has since invested in governance, complaints, hardship and underwriting practices

Solvar Limited (ASX: 'SVR', 'Solvar' or the 'Company'), the leading provider of specialized finance, has announced the conclusion of an ASIC matter related to the lending practices of its subsidiary Money3 Loans Pty Ltd. The Federal Court of Australia has handed down its decision, ordering Money3 Loans to pay a pecuniary penalty of $1.55 million. The matter relates to limited contraventions of the National Consumer Credit Act during the period from 2019 to 2021, which were previously announced to the market on 8 September 2025. Solvar's CEO and Managing Director, Mr. Scott Baldwin, stated that the company respects the decision of the Federal Court and noted that since the period in question, Money3 has invested further in its governance, complaints, hardship, and underwriting practices, strengthening the group's capabilities and setting a stronger foundation for growth. Money3 remains committed to providing finance for underserviced consumers, typically enabling them access to used vehicles and improving their ability to participate in society.