Market update stock exchange notice
Revaluation* (Oslo, 17 January 2022) Axactor SE (Axactor, OSE: ACR) reported a collection performance of 89% in Q3. As expected, the collection performance improved in Q4 and came in at 91% for the quarter and 97% in December. Although the development is positive it is not sufficiently improved to support the book value of the portfolios as collection performance should fluctuate around 100% over time. Axactor will therefore book a negative revaluation of EUR 43m in Q4 2021 whereof EUR 37m relates to NPL and EUR 6m relates to REO. A majority of the revaluation relates to legacy