Everyday People Financial Closes ACT Acquisition Expanding its UK RCM Platform

Core Viewpoint - Everyday People Financial Corp. has successfully acquired ACT Credit Management Limited, enhancing its UK revenue cycle management operations and aligning with its acquisition strategy [1][2]. Acquisition Details - The acquisition of ACT was completed on January 7, 2026, following FCA approval on December 16, 2025 [1][2]. - BPO Collections Limited acquired 100% of ACT's shares without assuming any existing debt, funded through existing cash flow [2]. - ACT is expected to contribute an annual EBITDA of approximately C$750 thousand to C$1.0 million and revenue in the range of C$6.0 million to C$9.0 million [2]. Company Background - Everyday People Financial Corp. is a technology-driven financial services provider established in 1988, operating in the UK and Canada with over 600 employees [13][15]. - The company focuses on helping individuals and businesses manage money better through its revenue cycle management and financial services [14][16]. Financial Transactions - The company entered into debt settlement agreements to settle $291,500 in unpaid directors' fees through the issuance of 435,075 common shares at a deemed price of $0.67 per share [4][5]. - The issuance of shares for services included 14,202 common shares at prices ranging from $0.68 to $0.73 per share for services rendered [7][18]. Share Incentive Plan - The company issued 37,500 restricted share units (RSUs) to an officer, which will vest one year from the grant date [10]. - The Omnibus Share Incentive Plan allows for the issuance of various share units and options, with a maximum of 10% of common shares reserved for issuance [11].