OneMain (OMF) investor relations material

Business model and distribution

• Serves nonprime borrowers through personal loans, direct auto financing, credit cards, insurance and financial wellness offerings; ~90% of new customer applications begin online.

• Nationwide network of ~1,300 branches; 90%+ of prospects live within 30 miles, and average branch manager tenure is 14 years.

• Managed receivables totaled $26.9B; unencumbered receivables were $11.6B, committed bank capacity was $7.5B and LTM capital generation was $920MM as of 2Q26.

• New auto finance and credit card businesses are being developed to diversify revenue; the credit card funding roadmap targets routine term ABS issuance beginning in 2027.

Funding and balance sheet

• June 30, 2026 principal debt balances were ~$23.1B, ~52% secured; funding combines ABS, corporate bonds and whole-loan sales.

• Funding profile included $7.5B committed bank capacity, $11.6B unencumbered receivables, 24+ months of liquidity runway and 4.3-year weighted-average bond maturity.

• Active debt mix was 47% OMFIT, 40% unsecured, 11% ODART, 1% FCRT and 1% other secured term funding; average debt maturity was ~3.4 years vs. ~1.5-year average asset life.

• Target net leverage range is 4–6x; leverage was 5.5x as of 2Q26. No unsecured debt maturities were scheduled until January 2027.

ABS programs and structure

• Consumer loan ABS program has issued 34 transactions since 2013, including SLFT securitizations; the shelf has a top-tranche AAA rating and 2-, 3-, 5- and 7-year revolving structures.

• ABS programs had 44 issuances totaling ~$35B; revolving deals use monthly collateral top-ups and are structured with rating assumptions based on worst-case pools.

• OMFIT 2026-3 has a 5-year revolving period, sequential amortization if not called, and 15.28% estimated initial annual excess spread; Class A hard credit enhancement is 33.10%.

• ODART 2026-1 has a 3-year revolving period, sequential amortization if not called, and 15.69% estimated initial annual excess spread; Class A hard credit enhancement is 32.05%.

• ABS reporting resources include monthly servicer reports, pool and tranche balances, credit enhancement data, historical capital structures and downloadable trust summaries.