Latitude : FY21 Annual Report

For personal use only

Annual Report 2021

Partners in Money

Latitude Group Holdings Limited ACN 604 747 391

For personal use only

The Latitude Way

We believe in inclusion and that personal finance should be easy, accessible, flexible and about choice, so we offer our customers a range of products to suit different lifestyles.

Contents

2 FY21 Highlights

1. Our Business Model

1. Chair's Report

1. Managing Director and CEO's Report

1. What Makes Us Different

1. Future Growth Opportunities

1. Our People

1. Social Impact

1. Board of Directors

1. Leadership Team

1. Latitude Corporate Governance Statement

1. Directors' Report

1. Directors' Declaration
2. Auditor's Independence Declaration
3. Financial Statements

1. Notes to the Financial Statements

1. Independent Auditor's Report to the Members

1. ASX Additional Information IBC Corporate Directory

Latitude acknowledges the traditional owners of the lands throughout Australia in which we work and live and pay our respects to the Elders, past, present and emerging.

For personal use only

Welcome to Latitude's inaugural annual report

Latitude is a consumer instalments and lending business.

Latitude provides innovative products and services that support the needs

of customers, merchants and other commercial partners. Leveraging our technology, we work closely with our partners to help them grow their customer base, while also engaging directly with consumers. We offer our

2.8 million customers in Australia and New Zealand instalments, lending and insurance products and expanded into Asia and North America in the second half of 2021.

Latitude Group Holdings Limited | Annual Report 2021		1

FY21 Highlights

only	#2 originator of new personal
	loans in Australia*
use	2.8 million customer accounts
5,500 merchant partners
	41 Transactional NPS score
personal		APRIL
For	MARCH	ASX
Shinsei Bank	debut
	acquires
	10 percent
	strategic stake
	2021

• Internal Latitude data as at 31 December 2021.

JULY

Established a new $1.056b Australia Sales Finance and Credit Cards Warehouse with included capability to fund a portion of LPay receivables

LatitudePay Bigger Buys pilot launch allowing purchases up to $10,000

2

For personal use only

$160m $232m $7.3b

Statutory NPAT

Cash NPAT

Total Volume

16.6%	8.7%	15.7c
ROE	TER	Dividend per share

AUGUST	SEPTEMBER		DECEMBER
	Capital Notes		Latitude GO
	issue raising		Mastercard 6 months
	approximately		Interest Free on
acquisition	$150 million		everyday purchases
announcement			of $250 or more,
to modernise our			anywhere globally
lending business		NOVEMBER	Mastercard is
and turbocharge			accepted
growth in personal		LatitudePay
and auto loans
		Singapore
		launch
Half-year results	Symple Loans
launches
delivering strong
in Canada
growth and
momentum

Latitude Group Holdings Limited  |Annual Report 2021		3