Amigo Regulatory News (AMGO)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

10 August 2020

Amigo Holdings PLC

("Amigo" or the "Company")

Appointment of Non-Executive Director

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces Gary Jennison will join the Board as a non-executive director. Gary's appointment as a non-executive director is expected to be effective from 17 August 2020.

Gary has over 40 years of experience within the financial services sector, of which approximately 20 years have been at CEO or board level. Most recently, he was Chairman of Orchard Funding Group PLC for two years until December 2019 and was Group deputy CEO of Together Money for two years until December 2015 These appointments followed a career covering a wide spectrum of the credit industry with positions at The Warranty Group, Secure Trust Bank , Barclays Bank, Lex Vehicle Leasing , GE Capital, Hitachi Credit and Lloyds Bowmaker, among others

Gary was until recently non-executive Chair of Lantern Debt Recovery Services Limited and will step down to fulfil his time commitments as non-executive director of Amigo. He remains a non-executive director of Admiral Financial Services Limited and is Chairman of the advisory board of Positive Momentum Partners.

Gary will also take over as Chair of the Risk Committee at Amigo from the current Chairman, Roger Lovering, following a suitable handover period and his approval for the role of Chair of the Committee by the Financial Conduct Authority under the Senior Managers Regime.

Roger Lovering, acting Chairman said: "We are delighted to welcome Gary to Amigo and the Board. His tremendous commercial, regulatory and public listed experience, including with customer focused businesses, will be a valuable addition to our Board."

Gary Jennison, Non-Executive Director said: "I am delighted to join the Amigo board and am looking forward to working with the team to serve Amigo's customers' needs. While there are near-term challenges to the company, I have a strong belief in the company and its product, and I'm looking forward to tackling these challenges and helping to provide access to credit to Amigo's customers at this difficult time."

Following the appointment of Gary, the total number of Directors on Amigo's Board will consist of four independent Non-Executive Directors, including the Chairman designate, one Executive Director and one proposed Executive Director awaiting approval of his appointment as an Executive Director.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014 ("MAR").

There are no additional matters that would require disclosure under LR 9.6.13R (1) to (6) in relation to this appointment.

Contacts:

Company

Amigo Holdings PLC investors@amigo.me

Kate Patrick Head of Investor Relations

Roger Bennett Company Secretary

Media

Hawthorn Advisors amigo@hawthornadvisors.com

Lorna Cobbett Tel: +44 (0)7771 344 781

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014. The person responsible for this announcement is Roger Bennett, Company Secretary.

Senior Secured Notes

This announcement constitutes notice by Amigo Luxembourg S.A. (the "Issuer") to the holders of the Issuer's 7.625% Senior Secured Notes due 2024 (for the notes issued pursuant to Rule 144A of the United States Securities Act of 1933, ISIN: XS1533928468 and Common Code: 153392846; for the notes issued pursuant to Regulation S of the United States Securities Act of 1933, ISIN: XS1533928625 and Common Code: 153392862) (the "Notes") issued pursuant to pursuant to Section 4.03(a)(3) of an indenture dated January 20, 2017 among, inter alia, the Issuer, the guarantors named therein and U.S. Bank Trustees Limited, as trustee and security agent. Amigo Holdings PLC is the indirect parent company of the Issuer. This announcement shall constitute a "Report" to holders of the Notes.

ENDS