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PRA Group wins the Bronze Stevie® Award at the 2022 International Business Awards®

Global Company Leadership Team Receives First Workplace Recognition

NORFOLK, Virginia., August 22, 2022 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and recovering non-performing loans, was named winner of a Bronze Stevie® Award for Management team of the year in the 19e Annual International Business Awards® today.

The Stevie Award winners were determined by the average scores of more than 300 executives from around the world who participated in the judging process in June and July.

The judges reviewed more than 3,700 entries from virtually every industry in a wide range of award categories. They recognized the PRA Group leadership team for its commendable achievements in advancing “people, profit and purpose (culture)” since 2020.

A judge said: “I am impressed that the PRA group was able to get the best numbers for cash receipts, revenues, cash efficiency and net income over their 26-year history, especially in a very difficult year as the world grappled with the COVID-19 pandemic. For that, I commend the management team.”

The judges also cited PRA Group’s commitment to giving back to communities around the world and the deployment of the Diversity and Inclusion Framework.

“It is an honor to work with such a competent management team. Their experience, tenure, judgment and wisdom provide the expertise and decision-making that is essential to leading our business successfully into the future, with integrity and accountability,” said Kevin StevensonPresident and CEO.

The International Business Awards are the world’s premier business awards program. All people and organizations around the world – public and private, profit and non-profit, large and small – can submit nominations. The 2022 IBAs received applications from organizations in 67 countries and territories.

The winners will be celebrated at a gala banquet at the InterContinental London Park Lane Hotel, London, EnglandSaturday, October 15 – the first live IBA Awards ceremony since 2019.

“This year’s class of winners are as innovative, adventurous, persistent and successful as ever,” said the Stevie Awards Chairman. Maggie Miller. “We look forward to celebrating their accomplishments with them at our awards banquet in London this October.”

Details of the International Business Awards and lists of Stevie Award winners are available at www.StevieAwards.com/IBA.

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.

About the Stevie Awards The Stevie Awards are presented in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, Stevie Awards for Women in Business, Stevie Awards for Great Employers and Stevie Awards for Sales & Customer Service. The Stevie Awards competitions receive more than 12,000 nominations each year from organizations in over 70 countries. Honoring organizations of all types and sizes and the people who support them, the Stevies recognize outstanding performance in the workplace around the world. Learn more about the Stevie Awards at www.StevieAwards.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]

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SOURCE PRA Group