PR97514

NORFOLK, Va., Aug. 23, 2022 /PRNewswire=KYODO JBN/ --

-- Global company's management team receives premier workplace recognition

PRA Group, Inc. (Nasdaq: PRAA) (https://c212.net/c/link/?t=0&l=en&o=3627235-1&h=3575041883&u=https%3A%2F%2Fwww.pragroup.com%2F&a=PRA+Group%2C+Inc.),

a global leader in acquiring and collecting nonperforming loans, was named

the winner of a Bronze Stevie(R) Award for Management Team of the Year in the

19th Annual International Business Awards(R) today (https://c212.net/c/link/?t=0&l=en&o=3627235-1&h=1332864833&u=https%3A%2F%2Fstevieawards.com%2Fiba&a=19th+Annual+International+Business+Awards%C2%AE+today).

Logo - https://mma.prnewswire.com/media/819349/PRA_Logo.jpg

Stevie Award winners were determined by the average scores of more than 300

executives worldwide who participated in the judging process in June and July.

Judges considered over 3,700 nominations from virtually every industry across

wide range of award categories. They recognized PRA Group's management team for

worthy achievements in advancing the company's "people, profit (https://c212.net/c/link/?t=0&l=en&o=3627235-1&h=1783519914&u=https%3A%2F%2Fwww.pragroup.com%2F2021ar&a=profit)

and purpose (culture)" since 2020.

One judge noted, "I am impressed by the fact that the PRA Group was able to

achieve the best numbers for cash collections, revenue, cash efficiency and net

income (https://c212.net/c/link/?t=0&l=en&o=3627235-1&h=1644937952&u=https%3A%2F%2Fwww.pragroup.com%2F2021ar&a=cash+collections%2C+revenue%2C+cash+efficiency+and+net+income) in their 26-year history,

especially during a very difficult year as the world grappled with the COVID-19 pandemic. For this, I applaud the management team."

Judges also cited PRA Group's commitment to giving back to communities

worldwide and diversity and inclusion framework deployment.

"It is an honor to work with such a skilled team of executives. Their

experience, tenure, judgment and wisdom provide the expertise and

decision-making that are essential to leading our company successfully into the

future, with integrity and responsibility," said Kevin Stevenson, president and CEO.

The International Business Awards are the world's premier business awards

program. All individuals and organizations worldwide—public and private,

for-profit and non-profit, large and small—are eligible to submit nominations.

The 2022 IBAs received entries from organizations in 67 nations and territories.

Winners will be celebrated during a gala banquet at the InterContinental London

Park Lane Hotel, in London, England, on Saturday, 15 October—the first live IBA

awards ceremony since 2019.

"This year's class of honorees are as innovative, adventuresome, persistent and

successful as we've ever had," said Stevie Awards president Maggie Miller. "We

look forward to celebrating their achievements with them during our awards

banquet in London this October."

Details about The International Business Awards and the lists of Stevie Award

winners are available at www.StevieAwards.com/IBA.

About PRA Group

As a global leader in acquiring and collecting nonperforming loans, PRA Group

(https://c212.net/c/link/?t=0&l=en&o=3627235-1&h=3995273930&u=https%3A%2F%2Fwww.pragroup.com%2F&a=PRA+Group) returns

capital to banks and other creditors to help expand financial

services for consumers. With thousands of employees worldwide, PRA Group

companies collaborate with customers to help them resolve their debt. For more

information, please visit www.pragroup.com.

About the Stevie Awards Stevie Awards are conferred in eight programs: the

Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North

Africa Stevie Awards, The American Business Awards(R), The International

Business Awards(R), the Stevie Awards for Women in Business, the Stevie Awards

for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie

Awards competitions receive more than 12,000 nominations each year from

organizations in more than 70 nations. Honoring organizations of all types and

sizes and the people behind them, the Stevies recognize outstanding

performances in the workplace worldwide. Learn more about the Stevie Awards at

www.StevieAwards.com.

News Media Contact:  

Elizabeth Kersey  

Senior Vice President, Communications and Public Policy  

(757) 961-3525  

Elizabeth.Kersey@PRAGroup.com

Investor Contact:

Najim Mostamand, CFA  

Vice President, Investor Relations  

(757) 431-7913  

IR@PRAGroup.com

SOURCE PRA Group