PRESS RELEASE 

Oslo, February 24th 2020

Axactor has enhanced their existing relationship with Komplett Bank in Norway,
the new agreement will now include the servicing of cards and loans, in addition
to acquiring the loans after 180 days in 3PC. The new expected acquisition
volume is in the region of 52mEur principal over a 12 month period.

 “Axactor Norway is very pleased to build on the relationship with one of our
most important clients. Axactor has been working with Komplett since 2018 and
has developed a very good understanding of the underlying claims, allowing for a
smooth and efficient move to the new contract.” says Stina Koren, Axactor
Country Manager Norway.    
          
This investment will be financed by Axactor’s available cash and our existing
credit facilities.  


For additional information, please contact: 
Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461
Email: johnny.tsolis@axactor.com


About Axactor 

Axactor Group is a next-generation debt management company operating in Norway,
Sweden, Finland, Germany, Spain and Italy with an ambitious European growth
strategy. Axactor acquires and collects on own portfolios of non-performing
loans and also provides debt collection and accounts receivable management for
third parties. The debt collection market is estimated to about 1,000 billion
euros across Europe, providing significant opportunities for future expansion.
The company has approximately 1150 employees. 

To learn more, visit www.axactor.com