Bread Financial prices $115M preferred stock offering at 8.875% dividend rate

BREAD FINANCIAL HOLDINGS, INC.

Pricing of 4,800,000 depositary shares representing Series B 8.875% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock at $25/share.
Net proceeds of approximately $115.32 million (excluding underwriter option) for general corporate purposes, including bank capital and share repurchases.
Underwriters granted 30-day option to purchase up to an additional 720,000 depositary shares at the same price.
Closing expected May 12, 2026; application to list on NYSE.

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