PRA GROUP INC

17. Subsequent Event:

On January 2, 2025, the Company exercised its right to sell its remaining 11.7% interest in RCB. In addition to the required regulatory communications in Brazil, the necessary independent verifications required to finalize the sale are in progress and will require the approval of RCB’s shareholders. Considering the status of the pending contractual obligations, the Company expects completion of the sale will occur prior to June 30, 2025. There are uncertainties with respect to the timing and amount of proceeds the Company will receive, however, subject to any further price adjustments to the Brazilian Real-denominated proceeds and variability from foreign exchange rate fluctuations, considering currently available information, the Company expects it will record an estimated net after-tax gain of approximately $25.0 million upon completion of the sale.