PRA Group Welcomes Najim Mostamand, CFA, to Lead Investor Relations Strategy and Improve Shareholder Value

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NORFOLK, Virginia., July 20, 2022 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA) (the “Company”), a global leader in the acquisition and recovery of non-performing loans, today announced the appointment of Najim MostamandCFA, as Vice President of Investor Relations.

“We are delighted to have Najim join our team and expand our overall investor relations strategy which enhances the long-term shareholder value of PRA Group,” said Lauren Partin, Senior Vice President of Finance and Investor Relations at PRA Group. “He has extensive experience leading several successful investor relations campaigns, and we are delighted that he is injecting new ideas, solutions and energy to expand our investment story to new audiences, while deepening our current relationships with investors and analysts.”

Mostamand joins the firm with nearly a decade of experience managing and building the investor relations programs of more than 20 small cap companies. He most recently served as Director of Investor Relations at Greenlane Holdings, where he developed and executed a successful investor relations roadmap that improved corporate communications, the shareholder base and relations with the investment community.

“Najim has a strong track record of analyzing investors, increasing analyst engagement and building institutional ownership, which will make him an excellent advocate for PRA Group’s long-term shareholder value” , said Pete Graham, Executive Vice President and Chief Financial Officer of PRA Group. “We are delighted that he is helping to educate and engage stakeholders around our strong financial model, business strategy and investment thesis.”

At PRA Group, Mostamand will work to expand the company’s overall investor relations roadmap, while overseeing the company’s quarterly earnings calls, conferences and investor meetings.

“I am delighted to join the PRA Group team, especially at this exciting and critical time in the non-performing loan industry,” said Mostamand. “PRA Group’s strong and permanent management team, geographic diversity, healthy balance sheet and disciplined capital allocation demonstrate why the company has been successful in attracting the attention and engagement of many investors and analysts over its years. 20 years of history as a public company. I look forward to helping the company build on this impressive track record and ultimately elevate its investor relations strategy to new heights.”

To learn more about PRA Group and investment opportunities with the company, visit: www.ir.pragroup.com

About the PRA Group
As a global leader in the acquisition and recovery of non-performing loans, PRA Group returns capital to banks and other creditors to help develop financial services for consumers. With thousands of employees worldwide, PRA Group companies work with their clients to help them settle their debt. For more information, please visit www.pragroup.com.

Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 961-3525
[email protected]

Investor contacts:
Najim MostamandCFA
Vice President, Investor Relations
757-431-7913
[email protected]

(PRNewsfoto/PRA Group)

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SOURCE PRA Group

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