4Q25 Financial Results NYSE: OMF | February 5, 2026 Important Information The following slides are part of a presentation by OneMain Holdings, Inc. (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. No representation is made that the information in these slides is complete. For additional financial, statistical, and business-related information, as well as information regarding business and segment trends, see the earnings rel ...

Group 1 - The shift from unsecured loans to secured loans is becoming more pronounced among lenders, driven by higher delinquencies in the unsecured loan sector and rising gold prices [1][5] - The growth of unsecured personal loans has moderated after a period of overheating in the industry, leading to a strategic focus on secured loans, particularly in the SME lending space [2] - The State Bank of India (SBI) reports that its slippages in personal loans are low at 1-1.1%, indicating a strong credit quality in its chosen segments, including auto loans with high average CIBIL scores [3] Group 2 - The gold loan portfolio of banks has seen significant growth over the last two quarters, attributed to a decline in unsecured business loans and borrowers leveraging idle jewelry assets due to high interest rates [5] - According to Experian, the growth rate of unsecured loans, including credit cards and personal loans, has decreased to 9-18% year-on-year in September 2025, compared to 20-35% year-on-year growth in September 2024 [4]

Financial Performance - Originations reached $3.9 billion, a 5% year-over-year increase[13] - Capital Generation increased to $272 million, up 29% year-over-year[14] - Managed Receivables totaled $25.9 billion, reflecting a 6% year-over-year growth[15] - Consumer & Insurance (C&I) Adjusted Diluted EPS increased significantly to $1.90, a 51% year-over-year increase[17] Portfolio Quality - C&I Net Charge-offs decreased by 51 basis points year-over-year to 70%[17] - Consumer Loan Net Charge-offs decreased by 66 basis points year-over-year to 67%[17] - The company's 30+ delinquency rate was 541%, down 16bps year-over-year[47,50] New Products & Receivables - Credit Card Receivables grew to $834 million[16] - Auto Managed Receivables reached $2.7 billion[15] - BrightWay credit card rollout saw 11% quarter-over-quarter receivables growth[38] Capital Allocation - The company declared a dividend of $105 per share, an increase from $104[17] - The dividend yield is approximately 7% based on the closing share price on October 29, 2025[17] - The board authorized a $1 billion share repurchase program through December 31, 2028[17]

Financial Performance - Originations increased to $3.9 billion, up 9% year-over-year[13] - Capital Generation reached $222 million, a 63% increase year-over-year[14] - Managed Receivables totaled $25.2 billion, up 7% year-over-year[15] - Consumer & Insurance (C&I) Total Revenue was $1.5 billion, a 10% increase year-over-year[15] - C&I Adjusted Earnings Per Share (EPS) increased to $1.45, up 42% year-over-year[19] Credit Quality - C&I Net Charge-offs decreased to 7.6%, down 88 basis points year-over-year[16] - Consumer Loan Net Charge-offs decreased to 7.2%, down 110 basis points year-over-year[18] - 30+ delinquency of 5.07%, down 29bps YoY[50] Balance Sheet and Funding - The company issued $1 billion in Asset-Backed Securities (ABS) and $800 million in unsecured debt[20] - The company repurchased 460 thousand shares for $21 million in 2Q25[78]

Financial Performance - Originations reached $3 billion, a 20% year-over-year increase (13% organic)[13] - Capital Generation was $194 million, with C&I Adjusted EPS at $1.72[14] - C&I Total Revenue increased by 10% year-over-year to $1.5 billion[22] - Adjusted Pretax Income for Consumer & Insurance (C&I) was $275 million[25] Receivables and Portfolio - Managed Receivables totaled $24.6 billion, up 12% year-over-year (6% organic)[15] - Auto Managed Receivables amounted to $2.5 billion, with originations of $342 million[15] - Credit Card Receivables reached $676 million across 836 thousand customer accounts[16] Credit Quality - Consumer Loan net charge-offs decreased by 75bps year-over-year to 7.8%[17] - Consumer Loan 30+ Day Delinquency decreased by 49bps year-over-year to 5.08%[18] - C&I net charge-offs were 8.2%[17] Strategic Priorities - The company expects Managed Receivables Growth of 50%-80% in 2025[83] - The company expects Revenue Growth of 60%-80% in 2025[83] - The company expects an Operating Expense Ratio of ~6.6% in 2025[83]