Kruso Kapital (KK) Company presentation summary

Market leadership and positioning

• Recognized as a pan-European leader in pawn credit, with 34 branches across Italy, Greece, and Portugal.

• Listed on Euronext Growth Milan and uplisted to Euronext Milan in June 2026, enhancing free float to 35% and improving stock liquidity.

• Holds a 16% market share in Italy, ranking as the second-largest player in the sector.

• Operates a multichannel, digitalized model, with a strong focus on customer accessibility and operational efficiency.

Business model and risk profile

• Operates a low-risk, near risk-free lending model secured by high-value assets (92% gold, 7% watches, 1% diamonds).

• Average loan ticket is ~€1,600, with flexible terms and no credit checks required.

• 92-95% of contracts are redeemed, with only 5-8% of goods going to auction.

• Assets are always insured and under control, with no lending against perishable or electronic assets.

Digital transformation and operational highlights

• End-to-end digitalization of the pawnbroking process, including online auctions and renewals.

• 99% of total bids are online, with over 32,000 online bids and €36 million awarded.

• First blockchain-based pawnbroking process via NFT introduced.

• 31,000 registered users for digital services as of December 2025.