Minneapolis, Minnesota – January 30, 2024 – Jefferson Capital Holdings LLC (“Jefferson Capital” or the “Company”), a leading purchaser and servicer of consumer charged off and insolvency receivables, announced yesterday the pricing of its second unsecured bond offering (the “Private Offering”) of $400 million aggregate principal amount of Senior Notes due 2029 (the “Notes”).

The Notes will initially be fully and unconditionally guaranteed on a senior unsecured basis by certain of Jefferson Capital’s wholly owned domestic restricted subsidiaries. Jefferson Capital intends to use the net proceeds from the Offering (i) to repay a portion of the borrowings currently outstanding under its revolving credit facility and (ii) the remainder, if any, for general corporate purposes. The Offering is expected to close on February 2, 2024, subject to customary closing conditions.

The Notes and the related guarantees have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are being sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Use of Forward-Looking Statements

This news release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward- looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements.

About Jefferson Capital Holdings, LLC

Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases and services both secured and unsecured assets, and its growing client base includes Fortune 500 creditors, banks, fintech origination platforms, telecommunications providers, credit card issuers and auto finance companies. Jefferson Capital is headquartered in Minneapolis, Minnesota with additional offices and operations located in Sartell, Minnesota and Denver, Colorado (United States); Basingstoke, England; London, England and Paisley, Scotland (United Kingdom); London, Ontario and Toronto, Ontario (Canada); as well as Bogota (Colombia).

For more information about Jefferson Capital and the services that it provides, please contact our U.S. Business Development Team: Penny Campbell (320) 333-0318, Bob Maisel (320) 229-8514, Connie Thomas (702) 336-7774, Trevon Draeger (952) 239-1329 or Juan Carlos Rodriguez (787) 378-9404. For information about our services in the U.K. please contact Peter Copperwheat: 01256 306700/07786 910910. For information about our services in Canada or Latin America, please contact Mark Daprato (416) 520-5944 or Michael Chiu (647) 725-6195. Visit our websites, www.jcap.com (U.S.); www.carsuk.org (U.K.); or www.canaccede.com (Canada).