Norfolk, Virginia, November 2, 2026 / PRNewswire / -- Leading companies in the global non-performing loan acquisition and collection sector, PRA Group and Inc, (Nasdaq: PRAA) announced today that they celebrated their 30th anniversary by ringing the opening bell of the NASDAQ stock market at Times Square in New York.

PRA Group, President and CEO, Martin Sjolund, co-founder of the company and Executive Chairman of the Board of Directors, Steve Fredrickson, as well as members of the company's senior management team and representatives, along with PRA Group employees from the global workforce, jointly rang the bell.

"Celebrating the 30th anniversary of the company is of special significance, as this milestone belongs to those who have helped PRA Group grow into what it is today," stated Sjolund. "Our employees are the reason we have grown from a startup in Virginia into a global enterprise, and they are also the reason we are full of anticipation for the next chapter of our development."

PRA Group was founded in Norfolk, Virginia in 1996 and has since grown into one of the companies with the most diversified global business layouts in the non-performing loan industry, operating asset portfolios in 18 countries. The company has been listed since 2002 and continues to play an important role in the financial ecosystem: on one hand, it returns capital to banks and other creditors; on the other hand, it works directly with clients to help them solve their debt problems.

"Although we are proud of our achievements over the past 30 years, we are even more looking forward to the future," said Sjolund. "We are jointly advancing the PRA 3.0 new strategy that was launched earlier this year, which aims to help us become a high-performing, technology-enabled global capital allocation institution. I am proud of the achievements made by the team, and we look forward to continuing to create value for our customers, employees, partners, and shareholders."

About PRA Group As a global industry leader with over 30 years of experience, PRA Group, Inc. ( Nasdaq : PRAA ) specializes in the acquisition and collection of non-performing loans. PRA Group purchases asset portfolios from banks and other creditors and works with clients through its subsidiaries to help them resolve debt issues. Headquartered in Norfolk, Virginia, it operates in the United States, Europe, and other markets. For more information, please visit www.pragroup.com.

Media contact:Allison Herman, Public Relations and Strategic Communications Manager, (757) 381-5205, [ email protected ]

Investor Contact Person:Najim Mostamand, CFA, Vice President of Investor Relations, (757) 431-7913, [ email protected ]