Mr. Clive Kinross reports

PROPEL ANNOUNCES DIVIDEND INCREASE

Propel Holdings Inc.'s board of directors has approved an increase to its dividend from 60 cents to 66 cents per common share on an annualized basis, and declared a first quarter 2025 dividend of 16.5 cents per common share. This dividend represents an increase of 10 per cent and the company's seventh dividend increase since the beginning of 2023. The dividend will be payable on March 5, 2025, to shareholders of record as of the close of business on Feb. 19, 2025.

"Driven by our strong credit performance, confidence in our global growth outlook and solid financial position, we have increased our dividend," Clive Kinross, chief executive officer.

Propel has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).

About Propel Holdings Inc.

Propel is the fintech company building a new world of financial opportunity for consumers, partners and investors. Propel's operating brands -- Fora Credit, CreditFresh, MoneyKey and QuidMarket -- and its lending-as-a-service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its artificial-intelligence-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. Its revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over $2-billion in credit. At Propel, it is here to change the way customers, partners and investors succeed together.

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