Core Viewpoint - Multitude AG, a European FinTech company, has received a 'B-' long-term rating from Fitch Ratings for its subsidiary Multitude Capital Oyj's subordinated hybrid perpetual notes, indicating a focus on enhancing liquidity through bond issuance [1]. Company Overview - Multitude AG is a listed European FinTech company that provides digital lending and online banking services to consumers, SMEs, and institutional clients, operating independently from traditional banks [2]. - The company operates through three business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank), supported by the Multitude Growth Platform [2]. - Multitude Group employs over 700 people and offers services across 17 European countries [2]. - In 2025, the Group reported a revenue of 257 million euros [2]. - Founded in Finland in 2005, Multitude is registered in Switzerland and listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'MULT' [2]. Funding Mechanism - Multitude Capital Oyj serves as the funding vehicle for Multitude Group, issuing bonds to support the liquidity of the Group's operations [3].

Company Overview - Multitude Capital Oyj is a wholly owned subsidiary of Multitude AG, a listed European FinTech company that provides digital lending and online banking services to consumers, small and medium-sized enterprises (SMEs), and other FinTechs [3] - Multitude Group operates through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank), employing over 700 people across 17 European countries [7] Financial Performance - In 2025, Multitude Group achieved a revenue of 257 million euros [7] Reporting and Governance - The Company has published its Annual Report 2025, which includes the Financial Statements, Board of Directors Report, and Corporate Governance Statement [1] - The Financial Statements and Board of Directors Report have been prepared in accordance with European Single Electronic Format (ESEF) reporting requirements, and the auditor, PricewaterhouseCoopers Oy, has issued an Independent Auditor's Reasonable Assurance Report [4] - The Financial Statements and Board of Directors Report are available in English and Finnish on the Multitude Group's website [2][5] Contact Information - The Head of IR and Treasury is Adam Hansson Tönning, who can be contacted via phone or email for further inquiries [6]

Core Points - The Annual General Meeting (AGM) of Multitude AG is scheduled for April 24, 2026, at 10 a.m. in Zurich, Switzerland, and will focus on formal agenda items without a presentation of the 2025 annual results [2][3] - The total number of shares is 21,723,960, with 311,820 treasury shares, resulting in 21,412,140 voting rights [3] - The Board of Directors proposes a dividend of EUR 0.55 per share, totaling EUR 11,776,677, with the remaining earnings of EUR 59,512,429 to be carried forward [6][7] Agenda and Proposals - The Board of Directors proposes the approval of the Combined Management Report, Separate Financial Statements, and Consolidated Financial Statements for 2025, which were confirmed without reservations by the independent auditors [4][5] - The ESG Report 2025, detailing Multitude AG's non-financial matters and commitments to environmental and social issues, is also proposed for approval [8][9] - The Board of Directors seeks discharge for its members for the 2025 business year, asserting no facts preclude full discharge [11] Board Elections - The Board of Directors proposes re-election of all current members, including Ari Tiukkanen as Chairman, ensuring the board's competencies align with the company's goals [12][13] - The People and Culture Committee will also see re-elections for its members, including Ari Tiukkanen and Lea Liigus [15][16] Auditor and Proxy Proposals - PricewaterhouseCoopers AG is proposed for re-appointment as auditors for the 2026 business year, having confirmed their independence [19] - Martin Rechtsanwälte GmbH is proposed for re-election as the Independent Proxy until the next ordinary General Meeting [17][18] Remuneration - The Board proposes approval of the aggregate remuneration of EUR 76,000 paid to the Board members since the company's relocation to Switzerland [22][23] - A maximum aggregate remuneration amount of EUR 200,000 for the Board members until the next ordinary General Meeting is also proposed [24][25] - The maximum aggregate remuneration for the Group Executive Board for the business year 2027 is proposed at EUR 4,900,000 [26][27] Attendance and Voting - Shareholders must be registered by April 13, 2026, to vote, with options for in-person, proxy, or remote voting available [29][31] - The AGM will be conducted in English, and there will be no reception following the meeting [33][34]

Core Viewpoint - Multitude AG has published its Annual Report for the financial year ended 31 December 2025, confirming positive financial results and growth in profitability, alongside a proposed dividend increase for shareholders [1][2][11]. Financial Performance - Group revenue remained stable at EUR 256.9 million, while net operating income was EUR 214.8 million, compared to EUR 263.7 million and EUR 219.0 million in 2024 [3]. - Net profit increased by 31.7% to EUR 26.6 million from EUR 20.2 million in 2024, marking the fifth consecutive year of achieving financial guidance [2][3][11]. - Asset quality improved significantly, with impairment losses decreasing by 15.4% to EUR 81.6 million from EUR 96.4 million in 2024 [4]. Business Unit Performance - Consumer Banking (Ferratum) reported revenue of EUR 199.6 million, with a slight decrease in interest income offset by increased fee income. Net loans and investments rose by 8.4% to EUR 529.8 million [5]. - SME Banking (CapitalBox) achieved revenue of EUR 34.6 million, a 2.8% increase from 2024, with EBT improving significantly from a loss of EUR 10.7 million to a loss of EUR 4.6 million [6]. - Wholesale Banking, which began operations in 2024, saw revenue increase by 67.7% to EUR 22.7 million, with EBT rising from EUR 1.1 million to EUR 2.8 million, and net loans and investments jumping 83.7% to EUR 243.9 million [7]. Shareholder Returns and Future Guidance - The Group plans to distribute between 25% and 50% of profits to shareholders, proposing a dividend of EUR 0.55 per share, a 25% increase from EUR 0.44 per share in 2024 [8][11]. - Multitude has set a capital markets guidance of EUR 30 million net profit for 2026, with a target of 20% annual growth in net profit for 2027 and 2028 [8]. Corporate Governance and Reporting - The Annual Report includes a Combined Management Report, Consolidated Financial Statements, and an ESG Report, highlighting the Group's commitments to environmental, social, and governance matters [10][12].

Group 1 - The Reserve Bank of India (RBI) has announced a total of 18 bank holidays for March 2026, including closures on the fourth Saturday and regular Sunday [1][4] - Banks in India will be closed for four days between March 23 and March 29, 2026, due to public holidays and weekend breaks [1][8] - Bank holidays can vary by state, influenced by local festivals and observances, leading to non-uniform closures across the country [2][4] Group 2 - Online banking services remain operational during bank holidays, allowing customers to conduct financial transactions despite physical branch closures [5] - Customers can utilize UPI and bank apps for payments and money transfers at any time, even when banks are closed [6] - Essential banking services, such as fund transfers and card services, are available through various means, including credit and debit cards [7]

Group 1 - Multitude AG, a European FinTech company, announced the successful issuance of subordinated perpetual floating rate callable capital notes amounting to EUR 70,000,000, with a framework of up to EUR 120,000,000 [2][3] - The company offered holders of existing notes worth EUR 45,000,000 the opportunity to exchange them for the new capital notes or to tender their existing notes at a price of 102.00% [3][4] - By the end of the tender offer application period, valid tenders of existing notes totaled EUR 3,332,000, and the settlement of the transaction is expected around 26 March 2026 [4][5] Group 2 - After the completion of the exchange and tender offers, Multitude AG and Multitude Capital Oyj will hold existing notes with a total nominal amount of EUR 27,678,000 [5] - Multitude AG operates through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank), employing over 700 people across 17 European countries [6][7] - In 2025, Multitude Group achieved a revenue of EUR 257 million [7]

Group 1 - Private and public sector banks in India will be closed for five days from March 16 to March 22, 2026, including weekends [1] - The Reserve Bank of India (RBI) has announced a total of 18 holidays for all lenders in March, including the State Bank of India (SBI) [1] - Banks are typically closed on the second and fourth Saturdays and all Sundays of the month, with variations based on regional and local requirements [4][2] Group 2 - Online banking services will remain available during bank holidays, allowing customers to conduct financial transactions without interruption [5] - Customers can utilize UPI and bank apps for payments and money transfers, which operate 24/7, although occasional maintenance may occur [6] - Various banking services, including credit and debit card applications, account maintenance, and fund transfer requests, are accessible even on holidays [7] Group 3 - Specific bank closures for holidays include March 17 for Shab-I-Qadr in Jammu and Srinagar, March 19 for multiple festivals in various cities, March 20 for Eid-Ul-Fitr in select locations, and March 21 for Ramzan-Id across numerous cities [8]

Core Points - The Reserve Bank of India (RBI) has announced a total of 18 public holidays for banks in March 2026, which includes weekends and specific regional holidays [1] - Banks will remain open on the first, third, and fifth Saturdays of each month unless a specific holiday is declared or customers are informed of technical issues [2] - The holiday schedule varies across states, and it is advisable for customers to check with their local bank branches for the specific holiday calendar [4] Holiday Schedule - March 1: Sunday - Pan India weekly off [7] - March 2: Monday - Holika Dahan in Kanpur and Lucknow (Uttar Pradesh) [7] - March 3: Tuesday - Holi (Second Day) celebrated in multiple states including Maharashtra, Madhya Pradesh, and others [7] - March 8: Sunday - Pan India weekly off [7] - March 14: Saturday - Second Saturday weekly off - Pan India [7] - March 20: Friday - Eid-Ul-Fitr in Jammu and Srinagar (J&K) and other regions [7] - March 26: Thursday - Shree Ram Navami in various states including Gujarat and Maharashtra [10] - March 31: Tuesday - Mahavir Jayanti in multiple states [10] Banking Operations - Online and mobile banking services remain operational during national holidays unless notified otherwise [8] - ATMs are available for cash withdrawals, and app and UPI services function as usual [8] - Transactions involving cheques and promissory notes are not available during the listed holidays as per the Negotiable Instruments Act [9]

Core Points - The Reserve Bank of India (RBI) has declared bank holidays on 3 March 2026 for various festivals including Holi, Dol Jatra, Dhulandi, Holika Dahan, and Attukal Pongala across multiple cities [1][3][11] - A total of 18 public holidays for banks in March 2026 have been listed by the RBI, which includes weekends and specific regional holidays [2] - Banks will also be closed on 4 March for Holi and on 8 March for Sunday, indicating a long weekend for customers [5] Bank Operations - Online and mobile banking services will remain operational during national holidays unless otherwise notified [6] - ATMs will be available for cash withdrawals, and app and UPI services will function as usual [6] Regional Variations - Bank holidays may vary by state due to local requirements, and customers are advised to check with their local bank branches for specific holiday schedules [3][4] - A detailed list of cities where banks will be closed on specific dates has been provided, including major cities like Mumbai, Kolkata, and Hyderabad [9][11]

Group 1 - Multitude AG is a listed European FinTech company providing digital lending and online banking services to consumers, SMEs, and other FinTechs overlooked by traditional banks [2][3] - The company operates through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank) [2] - Multitude employs over 700 people across 25 countries and offers services in 17 countries, achieving a combined turnover of 274 million euros in 2024 [2][3] Group 2 - The FY2025 Preliminary Results Presentation webcast is scheduled for 12 March 2026 at 10:00 am CET [1] - Registration for the webcast can be found on the company's website under the financial calendar section [2]