Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . COMMISSION FILE NUMBER: 000-26489 ENCORE CAPITAL GROUP, ...

Financial Data and Key Metrics Changes - In Q3 2021, collections were $567 million, up 5% compared to Q3 2020, with MCM collections growing 4% to $407 million [19][20] - Revenues increased to $413 million from $404 million in Q3 2020 [20] - The leverage ratio improved to 1.8x, down from 2.4x at the beginning of the year, and is now below the target range of 2x to 3x [7][17] Business Line Data and Key Metrics Changes - MCM's legal channel collections grew 22% compared to Q3 2020, reflecting the reopening of courts [19] - Cabot's collections in Europe increased by 10% to $155 million compared to Q3 2020, with year-to-date portfolio purchases totaling $197 million [14][19] - Portfolio purchases in Q3 were $168 million, nearly matching the $170 million from the same period last year [4][19] Market Data and Key Metrics Changes - The U.S. remains the largest market, with MCM delivering strong performance despite lower supply due to fewer charge-offs [12][19] - In Europe, collections performance is returning to normal levels, with a 10% increase in Q3 collections compared to the previous year [14] - The market is experiencing upward pressure on pricing due to low supply and increased competition [27][28] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet and executing a disciplined capital allocation strategy, including a $300 million share repurchase plan [6][7] - A $300 million tender offer is being launched to return capital to shareholders, reflecting confidence in future performance [8][9] - The company aims to capitalize on future opportunities as charge-offs are expected to rise, positioning itself for increased portfolio purchases [10][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate uncertainties and execute its strategy effectively [22] - The company is prepared for the new CFPB rules, which will modernize consumer communications and enhance engagement [13][39] - Management believes the current market conditions indicate a potential bottom in purchase volumes, with expectations for increased charge-offs in the future [42][46] Other Important Information - The estimated remaining collections at the end of Q3 were $7.9 billion, down 7% from the previous year [20] - The company has $130 million of non-client cash on the balance sheet and $864 million in available capacity under its global RCF [20][21] - The company has a strong cash generation capability, with a 15% increase in cash generation over the past 12 months [15][16] Q&A Session Summary Question: Funding for the $300 million tender - Management indicated that the funding would likely be a mix of cash on hand and incremental borrowing, with $130 million in cash available [24] Question: European market supply and pricing - Management noted that supply is constrained in Europe, leading to upward pressure on pricing, but expects some increase in charge-offs in the future [27][28] Question: Impact of the sale of the Colombia and Peru business - Management confirmed that the loss from the sale would not impact future collections as those portfolios are no longer part of the business [31] Question: U.S. competition dynamics - Management described the U.S. market as stable, with traditional sellers still active, but noted that charge-offs are at a low point [32][33] Question: Insights on consumer savings and potential supply - Management acknowledged a decline in consumer savings and rising early-stage delinquencies, which could indicate a future increase in supply [49] Question: European market supply outlook - Management indicated that while the U.K. market tends to cycle quickly, Europe is starting to see banks address historic NPL levels, which may lead to increased supply [51]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. COMMISSION FILE NUMBER: 000- ...

Encore Capital Group, Inc. (NASDAQ:ECPG) Q2 2021 Earnings Conference Call August 5, 2021 5:30 PM ET Company Participants Bruce Thomas - VP, Global Investor Relations Ashish Masih - President and CEO Jonathan Clark - CFO Craig Buick - CEO of Cabot Credit Management Ryan Bell - President, Midland Credit Management, Inc. Conference Call Participants David Scharf - JMP Securities Mike Grondahl - Northland Capital Mark Hughes - Truist Securities Robert Dodd - Raymond James Operator Good day, and thank you for st ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. COMMISSION FILE NUMBER: 000-26489 ...

Financial Data and Key Metrics Changes - The first quarter of 2021 saw record collections of $606 million, a 15% increase compared to Q1 2020 [30] - Revenues increased by 44% to $417 million, up from $289 million in Q1 2020 [32] - GAAP net income for the quarter was nearly $30 million, translating to approximately $1 of incremental GAAP earnings per share [9] Business Line Data and Key Metrics Changes - MCM collections grew 16% to a record $436 million, with call center and digital collections increasing by 25% [31] - Cabot's collections in Europe reached $163 million, up 13% compared to Q1 last year [31] - The Estimated Remaining Collections (ERC) at the end of Q1 was $8.3 billion, down 2% year-over-year due to strong collections [33] Market Data and Key Metrics Changes - Portfolio purchases globally amounted to $170 million in Q1, despite a subdued supply impacting portfolio pricing [12] - In Europe, collections performance normalized with a 13% growth compared to Q1 last year, exceeding expectations by 8% [24] Company Strategy and Development Direction - The company focuses on purchasing non-performing loan portfolios at attractive cash-on-cash returns while maintaining compliance and cost efficiency [17] - The three-pillar strategy includes Market Focus, Operational Efficiency, and Balance Sheet Strengthening, which positions the company well for future opportunities [18][28] - The company has increased its share repurchase authorization from $50 million to a $300 million multi-year program [15] Management's Comments on Operating Environment and Future Outlook - Management noted strong operational and financial performance driven by increased consumer engagement and collections [7] - The company remains cautious about the sustainability of current consumer behaviors but is optimistic about future performance [9][50] - Management emphasized the importance of maintaining a strong balance sheet and financial flexibility to capitalize on future opportunities [35] Other Important Information - The company repaid $161 million of outstanding principal on convertible notes, reducing convertible debt by $250 million over the last 12 months [34] - The leverage ratio was reduced to 2.1 times, at the low end of the targeted range of 2 to 3 times [28] Q&A Session Summary Question: What percentage of collections is represented by digital now? - Management indicated that approximately 62% of collections are now coming from digital channels, up from less than 50% in previous years [41] Question: Are there any changes in the regulatory environment? - Management reported no significant changes at the federal level regarding CFPB rules, with a proposed delay in implementation [43] Question: How does the supply-demand environment look for portfolio purchases? - Management stated that sellers in the U.S. are still active in the market, with typical flow agreements remaining consistent [46] Question: Can you break out the performance versus ERC expectations? - U.S. performance was at 121% of ERC expectations, while Europe was at 108% [48] Question: What is the impact of share repurchases on EPS? - Management clarified that future repurchases are not included in run rate calculations, and capital allocation will prioritize portfolio purchases first [52]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. COMMISSION FILE NUMBER: 000-2648 ...

Encore Capital Group, Inc. (NASDAQ:ECPG) Q4 2020 Earnings Conference Call February 24, 2021 5:00 PM ET Company Participants Bruce Thomas - VP of IR Ashish Masih - President and CEO Jonathan Clark - EVP and CFO Ryan Bell - President Midland Credit Management Craig Buick - CEO of Cabot Credit Management Conference Call Participants Bob Napoli - William Blair David Scharf - JMP Securities Mark Hughes - Truist Mike Grondahl - Northland Securities Robert Dodd - Raymond James John Rowan - Janney Operator Ladies a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . COMMISSION FILE NUMBER: 000-26489 ENCORE CAPITAL GROUP, ...

Encore Capital Group (NASDAQ:ECPG) Q3 2020 Earnings Conference Call November 2, 2020 5:00 PM ET Company Participants Bruce Thomas - VP of Investor Relations Ashish Masih - President and Chief Executive Officer Jonathan Clark - Executive Vice President and Chief Financial Officer Ryan Bell - President Midland Credit Management Craig Buick - CEO of Cabot Credit Management Conference Call Participants Mark Hughes - Truist David Scharf - JMP Securities Mike Grondahl - Northland Securities Dominick Gabriele - Op ...