Norfolk, Virginia, November 3, 2026 / PRNewswire / -- PRA Group, Inc. (Nasdaq ticker: PRAA), a global leader in non-performing loan acquisition and collection, today rang the Nasdaq opening bell at Times Square in New York City to celebrate its 30th anniversary.

PRA Group, President and CEO, Martin Sjolund, Co-Founder and Executive Chairman of the Board of Directors, the company's management team, and employees representing the PRA Group global workforce jointly rang the bell.

Sjolund signifies that celebrating 30 years of business is particularly meaningful, as this milestone belongs to the employees who helped PRA Group grow into the company it is today. 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 phase of our development.

PRA Group was established in 1996 and is headquartered in Norfolk, Virginia. It has since developed into one of the most globally diversified companies in the bad debt management industry, operating in 18 countries. The company has been trading on the public market since 2002 and continues to play a key 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.

Sjolund said, "While we are proud of our achievements over the past 30 years, we are even more looking forward to the future. We are jointly advancing the new strategy 'PRA 3.0' that was launched earlier this year, which focuses on transforming the company into a technology-driven, high-return-oriented global capital allocation institution. I am proud of the accomplishments of the team and look forward to continuing to create value for customers, employees, partners, and shareholders."

About PRA Group

As a global industry leader with over 30 years of experience, PRA Group, Inc (Nasdaq ticker: PRAA) specializes in the acquisition and collection of non-performing loans. PRA Group purchases portfolios from banks and other creditors and works with clients through its subsidiaries to help them resolve their debts. Headquartered in Norfolk, Virginia, PRA Group 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 ]