Company Overview - Multitude Capital Oyj acts as the funding vehicle for Multitude Group, issuing bonds to support liquidity for the Group's operations [3] - Multitude AG is a listed European FinTech company providing digital lending and online banking services to consumers, SMEs, and institutional clients, operating through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank) [4] - The Group employs over 700 people and offers services in 17 European countries [4] Financial Highlights - In 2025, Multitude Group achieved a revenue of EUR 257 million [4] - As of 20 March 2026, the Company and the Parent held Capital Notes in an aggregated nominal amount of EUR 27,678,000 [1] - Following a recent repurchase, the total nominal amount of Capital Notes held by the Company and the Parent increased to EUR 32,428,000, with EUR 27,428,000 held by the Company and EUR 5,000,000 held by the Parent [2]

Company Overview - Multitude Capital Oyj is a wholly-owned subsidiary of Multitude AG, acting as the funding vehicle for the Group by issuing bonds to support liquidity for operations [2] - Multitude AG is a listed European FinTech company providing digital lending and online banking services to consumers, SMEs, and institutional clients, operating through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank) [3] - The Group employs over 700 people and offers services in 17 European countries [3] Financial Performance - In 2025, Multitude Group achieved a revenue of 257 million euros [3] Recent Developments - The issued subordinated hybrid perpetual notes have been assigned a final long-term rating of 'B-' with a Recovery Rating 'RR6' by Fitch Ratings [1]

Core Viewpoint - Multitude AG's subsidiary, Multitude Capital Oyj, successfully placed EUR 70 million in subordinated perpetual capital notes, qualifying as IFRS equity, under a EUR 120 million framework, indicating strong investor demand and confidence in the company's financial strategy [2][3][7]. Group Summary - The Capital Notes were issued with a floating rate coupon of 3 month EURIBOR plus 8.90% and were priced at 96.00% of the nominal amount, expected to settle on 23 March 2026 [4]. - The net proceeds from the issuance will be used to finance a tender offer for Multitude's existing EUR 45 million perpetual capital notes and for general corporate purposes [5]. - Approximately EUR 19.2 million of the existing notes holders opted to participate in the exchange offer for the new Capital Notes [6]. - Fitch Ratings affirmed Multitude AG's Long-Term Issuer Default Rating at 'B+' with a Stable outlook and upgraded the consolidated Group's standalone credit profile to 'BB-' from 'B+' [7][8]. - Multitude AG operates as a European FinTech company, providing digital lending and online banking services, with a combined turnover of EUR 274 million in 2024 [10].