Appointment of Non-executive director

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

19 November 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 Michael Bartholomeusz will join the Board as a Non-Executive Director. Michael's appointment as a Non-Executive Director is expected to be effective from today.

Michael has over 35 years of experience, including at board level in a variety of financial services companies. Michael is a qualified chartered accountant and has held senior management and board level positions with First National Bank plc, GE Capital Europe, AIG UK, KPMG, Prudential UK and Flood Re. He was Chief Risk Officer at AIG UK and Flood Re and the Regulatory and Conduct Risk Director at Prudential UK.

He is currently Non-Executive Chair of the Board of ORIC International, an operational risk consortium for the (re)insurance and investment management sector and an advisor to Ambiental Risk Analytics. In the recent past he was a Non-Executive Director and Chair of Audit and Compliance Committee at British Friendly Society.

Michael will also take over as Chair of the Risk Committee at Amigo, subject to approval for the role by the Financial Conduct Authority under the Senior Managers Regime.

Jonathan Roe, Chair said: "We are delighted that Michael Bartholomeusz has agreed to join Amigo's Board as a Non-Executive Director and, subject to approval by the FCA, Chair of Amigo's Risk Committee.   Michael brings to the Board a wealth of risk management and regulatory advisory experience and expertise of U.K. regulated financial services businesses."

Michael Bartholomeusz, Non-Executive Director said: "I am delighted to be part of a refreshed Board at Amigo. I am looking forward to helping navigate the organisation to a more predictable and successful future"

Following the appointment of Michael, the total number of Directors on Amigo's Board will consist of four independent Non-Executive Directors, including the Chair, and two Executive Directors.

Contacts:

Amigo Holdings PLC        [email protected]                    

Kate Patrick                        Head of Investor Relations         

Roger Bennett                  Company Secretary

Media

Hawthorn Advisors         [email protected]

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

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. 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.

About Amigo Loans

Amigo is a public limited company registered in England and Wales with registered number 10024479. The Amigo Shares are listed on the Official List of the London Stock Exchange. Amigo is a leading provider of guarantor loans in the UK and offers access to mid‐cost credit to those who are unable to borrow from traditional lenders due to their credit histories. The guarantor loan concept introduces a second individual to the lending relationship, typically a family member or friend with a stronger credit profile than the borrower. This individual acts as guarantor, undertaking to make loan payments if the borrower does not. Amigo was founded in 2005 and has grown to become the UK's largest provider of guarantor loans. In the process, Amigo's guarantor loan product has allowed borrowers to rebuild their credit scores and improve their ability to access credit from mainstream financial service providers in the future. Amigo is a mid‐cost provider with a simple and transparent product ‐ a guarantor loan at a representative APR of 49.9 per cent., with no fees, early redemption penalties or any other charges. Amigo Loans Ltd and Amigo Management Services Ltd are authorised and regulated in the UK by the Financial Conduct Authority

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