OneMain Financial and TPG Extend and Expand Forward Flow Agreement to Invest in Consumer and Auto Loans

OneMain Financial and TPG Extend and Expand Forward Flow Agreement to Invest in Consumer and Auto Loans

New York, January 14, 2026 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, and TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the extension and expansion of their current capital partnership. Under the agreement, TPG, through its Asset Based Finance platform, will extend its commitment to purchase OneMain originated loans through June 30, 2028, and expand its commitment to approximately $2.4 billion over such term. This new commitment follows on previous TPG forward flow commitments of $1.3 billion, the latest of which expired on December 31, 2025. The extended and expanded commitment supports OneMain's growth and funding diversification.

This partnership builds on TPG's more than decade-long relationship with OneMain, reflecting continued confidence in OneMain's origination platform and the quality of its assets. The increased commitment will further support OneMain's origination growth while deepening TPG's exposure to high-quality, asset-backed consumer and auto credit assets.

"Our long-term strategic partnership with TPG has been very beneficial in diversifying our funding options. We appreciate TPG's through-the-cycle approach and agility as a true partner and look forward to finding ways to further develop our relationship," said Jenny Osterhout, OneMain's Chief Financial Officer.

"Our partnership with OneMain spans more than a decade and highlights the vital role private credit can play in supporting the U.S. Main Street economy," said TJ Durkin, Managing Partner and Head of Asset Based Finance at TPG. "We are proud to be a partner to an industry leader like OneMain, whose business model is uniquely differentiated from that of typical consumer finance company."

"Our platform has been a significant liquidity provider and partner to financial lenders since its inception in 2008. Our deep expertise in asset-backed credit positions us to execute transactions of this scale and strategic value. We look forward to working closely with OneMain in the years ahead," said Aaron Ong, Partner, Asset-Based Finance at TPG.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $286 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

About OneMain Holdings, Inc.

OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online and in 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit https://www.OneMainFinancial.com.

Cautionary Note Regarding Forward-Looking Statements

This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by or that otherwise include the words "anticipates," "appears," "assumes," "believes," "can," "continues," "could," "estimates," "expects," "forecasts," "foresees," "goal," "intends," "likely," "objective," "plans," "projects," "target," "trend," "remains," and similar expressions or future or conditional verbs such as "could," "may," "might," "should," "will" or "would" are intended to identify forward-looking statements, but these words are not the exclusive means of identifying forward-looking statements.

Forward-looking statements are not statements of historical fact but instead represent only management's current beliefs regarding future events, objectives, goals, projections, strategies, performance, and future plans, and underlying assumptions and other statements related thereto. You should not place undue reliance on these forward-looking statements. By their nature, forward-looking statements are subject to risks, uncertainties, assumptions and other important factors that may cause actual results, performance or achievements to differ materially from those expressed in or implied by such forward-looking statements. Important factors that could cause actual results, performance, or achievements to differ materially from those expressed in or implied by forward-looking statements include, without limitation, the following: adverse changes and volatility in general economic conditions, including the interest rate environment and the financial markets; the sufficiency of our allowance for finance receivable losses; increased levels of unemployment and personal bankruptcies; the current inflationary environment and related trends affecting our customers; natural or accidental events such as earthquakes, hurricanes, pandemics, floods or wildfires affecting our customers, collateral, or our facilities; a failure in or breach of our information, operational or security systems or infrastructure or those of third parties, including as a result of cyber incidents, war or other disruptions; the adequacy of our credit risk scoring models; geopolitical risks, including recent geopolitical actions outside the U.S.; adverse changes in our ability to attract and retain employees or key executives; increased competition or adverse changes in customer responsiveness to our distribution channels or products; changes in federal, state, or local laws, regulations, or regulatory policies and practices or increased regulatory scrutiny of our business or industry; risks associated with our insurance operations; the costs and effects of any actual or alleged violations of any federal, state, or local laws, rules or regulations; the costs and effects of any fines, penalties, judgments, decrees, orders, inquiries, investigations, subpoenas, or enforcement or other proceedings of any governmental or quasi-governmental agency or authority; our substantial indebtedness and our continued ability to access the capital markets and maintain adequate current sources of funds to satisfy our cash flow requirements; our ability to comply with all of our covenants; the effects of any downgrade of our debt ratings by credit rating agencies; and other risks and uncertainties described in the "Risk Factors" and "Management's Discussion and Analysis" sections of the Company's most recent Form 10-K filed with the SEC and in the Company's other filings with the SEC from time to time.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. You should specifically consider the factors identified in this document that could cause actual results to differ before making an investment decision to purchase our securities. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us.

Forward looking statements included in this document speak only as of the date on which they were made. We undertake no obligation to update or revise any forward-looking statements, whether written or oral, to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events or the non-occurrence of anticipated events, whether as a result of new information, future developments or otherwise, except as required by law.

Investors:

TPG
Gary Stein and Evanny Huang
[email protected]

OneMain Holdings, Inc.Peter R. Poillon, [email protected]

Media:

TPG
Katherine Segura
[email protected]

OneMain Holdings, Inc.Howard Schloss, [email protected]