Brocc Finance Strengthens Portfolio Ownership and Capital Efficiency Through Acquisition of Minority Interests in NPL Portfolios from Intrum

Stockholm, Sweden – January 12, 2026 – Brocc Finance AB (“Brocc”), a Swedish credit institution, today announced that it has entered into binding agreements with Intrum AB (“Intrum”), a leading European credit management services company, to acquire Intrum’s remaining 35% minority interest in unsecured non-performing loan (“NPL”) portfolios currently owned through a joint venture between the parties. The transaction will result in Brocc obtaining full ownership and control of the portfolios.

The transaction values the acquired interests at approximately EUR 215 million, with an economic transfer date of 31 December 2025, and is expected to close in the first half of 2026, subject to regulatory approvals and third-party consents.

Achieving full ownership of the portfolios represents an important step in Brocc’s long-term strategy to build a scaled, capital-efficient platform for unsecured NPL investments across Europe. By obtaining full ownership of the structure, Brocc expects to achieve meaningful synergies, including improved capital efficiency.

The co-investment arrangement in unsecured NPLs between Intrum and Brocc and servicing of the portfolios by Intrum remain in place.

Jason Davis, CIO of Brocc, commented:

“This transaction is a further step on the path to establish a permanent, well-capitalized and regulated NPL purchaser with a simple and scalable structure. Full ownership of these portfolios strengthens our ability to deploy capital efficiently, drive long-term value creation, and execute on our strategy to become a leading investor in unsecured NPLs in Europe.”

Brocc continues to pursue opportunities that support disciplined growth, balance sheet efficiency, and operational scalability. Achieving full ownership of the portfolios supports Brocc’s ambition to contribute to the liquidity, resilience, and long-term stability of the European credit ecosystem.

About Brocc

Brocc Finance AB is a technology-driven credit institution operating in unsecured NPLs across Europe and providing specialized consumer finance solutions in Sweden and Finland. Founded in 2016 and licensed as a credit institution in 2021, Brocc was acquired by affiliates of Cerberus Capital Management, L.P. in October 2025. Brocc empowers consumers with greater financial freedom and flexibility by delivering its core loan and deposit offerings through exceptional customer experience, operational efficiency, data-driven insights, and efficient funding.

For more information, visit www.Broccfinance.com.