Norfolk, Virginia, November 3, 2026 / PRNewswire / -- PRA Group, Inc. (Nasdaq ticker: PRAA) is one of the leading companies in the global field of non-performing debt acquisition and collection. Today, the company celebrated its 30th anniversary by ringing the Nasdaq opening bell at Times Square in New York.

PRA Group, President and CEO, Martin Sjolund, Co-founder and Executive Chairman of the Board of Directors, along with Steve Fredrickson, as well as members of the management team and colleagues representing PRA Group employees worldwide, rang the bell together.

"Celebrating the 30th anniversary of the company is of particular significance, as this achievement belongs to all 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 an international enterprise, and for that reason, we look forward to this new chapter with great anticipation."

PRA Group was founded in Norfolk, Virginia in 1996 and has since become one of the most diversified companies in the global non-performing debt industry, conducting portfolio management operations 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 settle their debts.

"We are proud of our achievements over the past 30 years, but we are even more looking forward to future development," said Sjolund. "We are jointly advancing the PRA 3.0 new strategy that was launched at the beginning of this year, with the goal of transforming the company into a high-performing, technology-driven global capital allocator. I am proud of the accomplishments of the team, and we look forward to continuing to create value for customers, employees, partners, and shareholders."

About PRA Group

PRA Group, Inc. (Nasdaq ticker: PRAA) is one of the global industry leaders, with over 30 years of experience in acquiring and collecting non-performing debts. PRA Group purchases portfolios from banks and other creditors and works with clients through its subsidiaries to help them settle their debts. The company is headquartered in Norfolk, Virginia, and its business covers 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 ]