ALLIED RETAIL FINANCE PTY LTD

Allied Retail Finance – automotive retail finance assets of Macquarie Leasing

Allied Retail Finance Pty Ltd (Allied Retail Finance), a wholly owned subsidiary of Allied Credit Pty Ltd (Allied Credit), proposes to acquire the remaining portfolio of automotive loans and leases originated by Macquarie Leasing Pty Limited and other associated assets (including all legal and equitable interests in the data and records relating to the loan assets) held by Macquarie Leasing Pty Ltd, Macquarie Bank Limited and the trustee of the SMART B Trust (together, Macquarie). The proposed transaction is supplementary to previous transactions between the parties as part of Macquarie's staged exit from the automotive finance industry which has been ongoing since 2021. Macquarie will continue to service a small portfolio of car loans originated by Macquarie Bank Limited but ceased new car loan originations in April 2024. Allied Credit was established in 2010 and is the parent company of the Allied Credit Group, which provides motorcycle, marine, recreation and automotive finance solutions to vehicle and equipment businesses, original equipment manufacturers and distributor dealer networks and their customers in Australia. Allied Credit's product range includes retail consumer, commercial, and wholesale floorplan finance, as well as novated leases.