Hipoges Town Hall 2023, advanced another of its main objectives: to increase revenue and continue to grow in the face of this new year. In addition, the servicer plans to focus on "small investments"'. The group also announced its foray into the hotel sector, the consolidation of the Italian and Greek markets and the announcement of the new Lisbon office, and that it will continue to acquire new portfolios and expand its internal talent, already exceeding more than 1,700 employees in template

Madrid, April 18, 2023.- Hipoges, a benchmark company in Asset Management, held its traditional Town Hall corporate event on March 23, which took place in Madrid and was broadcast live, via streaming, for Spain, Portugal, Italy and Greece. For approximately one hour, the more than 47,000 million euros in assets under management were announced, which means a five-fold increase in its business volume since 2018. In addition, the promise to continue working on the specialization and diversification of its main business areas. In parallel to this milestone, it also plans to continue betting on its main asset, its internal talent. And it is that the expansion and care of its workforce, made up of more than 1,700 employees, is another of Hipoges' objectives until the end of 2023. In addition, without neglecting its line of business, Marta Márquez, Chief Finance Officer, announced that the company also plans to focus on "small investments". As other important developments, the group's immersion in hotel management and the promotion of large markets such as the Greek or Italian were commented. There were also words for the imminent inauguration of the new office at the Lisbon headquarters. Sareb, an unprecedented portfolio that boosts an excellent balance sheet from this past 2022 The 2022 balance sheet revealed to be a crucial year for positioning the servicer as the undisputed leader in the Asset Management market. Hugo Velez, General Manager Partner of Hipoges, stated in this regard that "the growth is due to the fact that they won the Sareb portfolio in Spain, which absolutely changed the reality of the group's assets under management". The success of Hipoges also depends on knowing how to adapt to the times and needs of the different markets in which it operates. In this sense, Marta Márquez once again stated, "servicing is the main activity of the group, but we are increasingly diversifying our services to improve the life cycle of our clients". In addition, he added: "we are acquiring companies with different services for our investors, which diversifies the product cycle." Assessments by the main spokespersons for Hipoges that are carried out in a specific context, that of a servicer who works with different types of capital and clients, including banks, investors, funds, and even, quoted from Hipoges, "competitors". Precisely around this evolution of Hipoges towards specialization and diversification, Velez pointed out how it is a path which is taken from a prudent perspective: "it is very important because it allows risk mitigation. It is, at the same time, a very challenging path and we should be very proud of our ability to continue growing in clients and managing them", he added.More news: hotel management in Portugal and the boost of the Italian and Greek markets. Juan Ramón Prieto, Chief Operations Officer, and Claudio Panunzio, also General Manager Partner of Hipoges, were present.The former highlighted that, despite the climate of great economic uncertainty that existed in 2022, "there is an opportunity to explore new lines of business", such as, for example, focusing on the mortgage broker and hotel management. Precisely, in reference to hotel management by the Group, Claudio Panunzio valued the debut in this new line of work in the Portuguese market, where it has the synergies of a national player.But the achievements do not remain in the Iberian Peninsula.In the words of Hugo Velez, "it is a pride to observe how since 2021, the date on which Hipoges enters the Italian market", and adds: "this arm de business is identified as the largest European NPL market, with more than 65 professionals established in it". In addition, the General Manager Partner assured that both Italy and Greece "are strategic markets, despite lower growth compared to Portugal and Spain where there are more opportunities". Specifically, in the Hellenic country, Hipoges has strengthened its presence with the acquisition of Alsvit, an REO management services entity with more than 12 years of experience and two offices in Athens and Thessaloniki. The expectation of continuing on the same path, but reaping new challenges and successes During Town Hall 2023, event very marked by the excellent results obtained, Hipoges also reviewed how it has become the only platform in the Iberian Peninsula that houses two Standard service accreditations

Contact Contact name: Comunicación Hipoges Contact telephone number: 649111233