Notice under ASX Listing Rule 3.10A

21 February 2022

ASX / NZX RELEASE

Notice under ASX Listing Rule 3.10A

Harmoney Corp Limited (ASX:HMY) (Harmoney or the Company), advises that, in accordance with ASX Listing Rule 3.10A, the following securities will be released from voluntary escrow:

Number of securities - 28,259,328
Class of security - Fully paid ordinary shares
Release date - 1 March 2022

To facilitate the Company’s initial public offering and listing on the ASX and NZX, certain security holders agreed to place the above securities into voluntary escrow until after the Company's results for the financial half year ending 31 December 2021 are released to ASX and NZX.

For queries, please contact:

Corporate/Investors
David Stevens
CEO & Managing Director
[email protected]

Investors/Media
Ronn Bechler
Investor Relations
[email protected]
+61 400 009 774

ABOUT HARMONEY

Harmoney is the only 100% consumer-direct personal lender operating across Australia and New Zealand. Harmoney provides customers with unsecured personal loans that are fast, easy, competitively priced (using risk-adjusted interest rates) and accessed 100% online.

Harmoney’s purpose is to help people achieve their goals through financial products that are fair, friendly, and simple to use.

Harmoney’s proprietary digital lending platform, Stellare® is the power behind the platform. Stellare® can process, approve and fund most loan applications within 24 hours. Stellare® also replaces the traditional industry credit scorecard with Libra™, our predictive behavioural analytics engine. Libra™ uses machine learning to analyse our rich, direct consumer data to deliver automated credit decisioning and superior risk-based pricing.

BUSINESS FUNDAMENTALS
• Harmoney provides risk based priced unsecured personal loans of up to $70,000 to consumers across Australia and New Zealand.
• Its 100% consumer-direct model and automated loan approval system is underpinned by Harmoney’s scalable Stellare® proprietary technology platform.
• A large percentage of Harmoney’s originations come from meeting the evolving needs of existing or returning customers.
• Harmoney is comprised of a team of ~80 full-time employees predominantly based in NZ, half of whom comprise engineering, data science and product professionals.
• Harmoney is funded by a number of sources including three “Big-4” bank warehouse programs across Australia and New Zealand and, in addition, in October 2021 Harmoney issued its first asset backed securitisation which was publicly rated by Moody’s.

For further information visit https://www.harmoney.co.nz/ or https://www.harmoney.com.au/

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Announcement PDF