Sydney - 15 December 2016 Change to FlexiGroup CFO

FlexiGroup Limited ("FlexiGroup" or "Company") (FXL: ASX) today announces that Chief Financial Officer and Managing Director FlexiGroup New Zealand, David Stevens has decided to leave after nine years with the Company.

Mr Stevens will be replaced as Chief Financial Officer of FlexiGroup by Ross Aucutt who will commence on 9th January 2017. David and Ross will work together to ensure there is an appropriate handover and that the transition is managed seamlessly. David will also assist FlexiGroup with the FY17 half year results announcement in late February.

Ross brings an impressive array of experience, capability and knowledge of domestic and international funding markets to FlexiGroup, with a high level of expertise in funding and treasury.

His previous roles include Group Treasurer of Latitude Financial Services and Head of Treasury Markets for Royal Bank of Scotland.

Chief Executive Officer, Symon Brewis‐Weston, said Mr Stevens had been a significant contributor to the Company, particularly over the last three and a half years in his role as CFO and most recently in his role as Managing Director of FlexiGroup New Zealand.

"David played a valuable role in the recent acquisitions of Once Credit, Lombard Finance, Rentsmart, Think Office Technology, Telecom Rentals, Equico and our most recent and largest acquisition Fisher

& Paykel Finance which have contributed to our organisational growth and success. We wish him all the best with his next endeavours," Mr Brewis‐Weston said.

Investors / Analysts Media

Symon Brewis‐Westin Helen McCombie

Chief Executive Officer, FlexiGroup Citadel Magnus

T: 02 8905 2156 T: 02 8234 0103

ABOUT FLEXIGROUP

FlexiGroup is a diversified financial services group providing "no interest ever", leasing, vendor finance programs, interest free and credit cards, lay‐by and other finance solutions to consumers and businesses.

Through its network of over 20,000 merchant, vendor and retail partners the Group has extensive access to four key markets, Business to Consumer, Business to Business, Retail to Consumers (and small business customers) and online.

Performance has been characterised by solid profitable growth as the company has expanded and diversified its business through organic growth, acquisition and product innovation. This diversification strategy has been extended to the large

$45bn credit card market with the acquisition of Lombard, Once Credit and Fisher & Paykel Finance.

FlexiGroup operates in Australia, New Zealand and Ireland within a diverse range of industries including: home improvement, solar energy, fitness, IT, electrical appliances, travel and trade equipment.

The Board of FlexiGroup is chaired by Andrew Abercrombie who is the founding director and ~24% shareholder in FlexiGroup. The Board also includes Symon Brewis‐Weston, the FlexiGroup CEO, John Skippen, Rajeev Dhawan, Jodie Leonard and Christine Christian.

Flexigroup Limited published this content on 15 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 December 2016 03:41:19 UTC.

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