Business Description

Purpose, Vision and Strategy EZCORP, Inc. is a leading provider of pawn services in the United States (“U.S.”) and Latin America with 1,360 locations and approximately 8,500 Team Members. We are a Delaware corporation headquartered in Austin, Texas. Our purpose statement: “We exist to serve our customers’ short-term cash and pre-owned retail needs, helping them to live and enjoy their lives. We are driven by a diverse team with a passion for pawn who are motivated to be their best — because our customers, families, stakeholders, and the communities and environment in which we live deserve it.” This purpose is supported by a customer-centric strategy that includes the following: • Providing fast, easy and simple access to cash; • Serving our customers in a friendly and respectful way; • Always being competitive and fair; • Passionately serving customer needs; • Building enduring relationships; and • Recognizing and rewarding customer loyalty. That strategy consists of three fundamental pillars: • Strengthen the Core — Relentless focus on superior execution and operational excellence in our pawn business. • Cost Efficiency and Simplification — Shape a culture of cost efficiency through ongoing focus on simplification and optimization. • Innovate and Grow — Broaden customer engagement to serve more customers more frequently in more locations. And we rely on four foundational capabilities to execute our strategy and achieve our purpose: • Team Members — We enable diverse, engaged and tenured teams with a true passion for pawnbroking. • IT and Data Modernization — We modernize our IT and data assets to capitalize on growth opportunities and create greater value at every customer interaction. • Risk Management and Building a Culture of Compliance — We are continually focused on strengthening our capabilities to manage operational, financial, regulatory, compliance, information security and reputational risk. • Sustainability — We prioritize developing the foundational elements of a comprehensive and integrated sustainability program. 3 Table of Contents Overview of Our Business At September 30, 2025, we operated a total of 1,360 locations, consisting of: • 545 U.S. pawn stores (operating primarily as EZPAWN and Value Pawn & Jewelry); • 622 Mexico pawn stores (operating primarily as Empeño Fácil and Cash Apoyo Efectivo); and • 193 pawn stores in Guatemala, El Salvador and Honduras (operating as GuatePrenda and MaxiEfectivo). At our pawn stores, we advance cash against the value of collateralized tangible personal property and sell merchandise to customers looking for good value. The merchandise we sell primarily consists of pre-owned collateral forfeited from our pawn activities or merchandise purchased from customers. By store count, we ar e the second la rgest pawn store owner and operator in the U.S. and one of the largest in Latin America. We also offer web-based applications under the name EZ+ that allow customers to manage their pawn transactions, layaways and loyalty rewards online. In addition to our core pawn business in the U.S. and Latin America, we have made the following strategic investments: • We own 43.7% of Cash Converters International Limited (“Cash Converters”), a publicly traded company (ASX: CCV) headquartered in Perth, Western Australia. Cash Converters and its controlled companies comprise a diverse group generating revenues from franchising, store operations, and personal finance (including pawn transactions) in 659 stores across 15 countries. • We own a preferred interest in Founders One, LLC (“Founders”) that has majority ownership in Simple Management Group, Inc. (“SMG”), which owns and operates 103 pawn stores in the U.S., Caribbean and Central America, with plans to build and acquire more stores in those regions. We generate revenues primarily from pawn service charges (“PSC”) on pawn loans outstanding (“PLO”), merchandise sales and jewelry scrapping. We remain focused on optimizing our balance of PLO and the resulting higher PSC. The following chart presents sources of gross profit, including PSC, merchandise sales gross profit (“Merchandise sales GP”) and jewelry scrap gross profit (“Jewelry scrap GP”) for fiscal 2025, fiscal 2024 and fiscal 2023: 4 Table of Contents The following charts present sources of gross profit by geography for fiscal 2025, fiscal 2024 and fiscal 2023: Segment and Geographic Information We conduct our business globally and manage our business by geography.…