Target Market Determination
Medium Amount Credit Contract (MACC)

1. About this document

This Target Market Determination (TMD) has been prepared by Oz Cash Loans (ozcashloans.com.au) to comply with our Design and Distribution Obligations under Part 7.8A of the Corporations Act 2001 (DDOs).

This document sets out the class of consumers for which our product is designed and likely appropriate for (target market), and conditions and circumstances for how the product can be distributed and when it needs to be reviewed. This is to make sure we're keeping consumers at the centre of our approach to the design and distribution of our financial products.

This TMD is not a summary of the terms and conditions of this product and does not constitute financial advice. Consumers should refer to the terms and conditions before acquiring the product to ensure that it is appropriate for their particular objectives, financial situation and needs. It applies to:

Product:
Medium Amount Credit Contract (MACC)

Issuer:
Oz Cash Loans (ozcashloans.com.au)

Effective date:
1 June 2026

1. Target market

Description of the target market
We have assessed that this product is likely to meet the likely objectives, financial situation and needs of consumers who:

• are individuals, at least 18 years of age and meet Oz Cash Loans' eligibility and lending criteria;

• require credit of $2,001 to $3,500 for personal purposes to pay for infrequent and sometimes unforeseeable expenses;

• require the loan funds to be promptly disbursed into their nominated bank account;

• require a loan application and approval process which is easy, online and seamless;

• do not require or do not want a long-term loan commitment or access to revolving credit;

• demonstrates the financial capacity to meet their payment obligations under the loan (i.e. pay the principal repayments and fees for the product when they become due and payable) without substantial hardship;

• may experience difficulty in obtaining credit through mainstream credit providers, such as banks.

We have assessed that this product, including its key attributes, is likely to meet the likely objectives, financial situation and needs of a consumer within the target market because it satisfies all the above criteria.

We consider that this product may not meet the likely objectives, financial situation and needs of a consumer who:

• requires credit for an amount less than $2,001 or more than $3,500;

• has had 3 or more MACC loans within a 6-month period with us;

• requires a longer-term loan that can be repaid over more than 52 weeks or access to revolving credit; or

• requires funds for business purposes.

1. Product description and key attributes

Product Attribute: Details

• Minimum Loan Amount: $2,001

• Maximum Loan Amount: $3,500

• Minimum Term: 9 weeks

• Maximum Term: 52 weeks

• Interest Rate: 35% per annum

• Repayment Frequency: Weekly, fortnightly, or monthly

• Fees and Charges: Establishment fee of $40 and a monthly fee of $7. Dishonour fees of $30 per failed repayment applies.

1. Distribution conditions and restrictions

Distribution Channels:
Oz Cash Loans distributes the product directly to consumers via an online application form on our website at ozcashloans.com.au or through our mobile app. This product cannot be distributed through third parties.

Distribution conditions and assessment:
Applications are received electronically. The application form includes questions which seek to help us identify whether the applicant falls within the target market for the product. Financial data is verified via applicant-provided access to the applicant's bank account statements. The verified data and application details are assessed against a defined set of credit assessment criteria.

The following factors that are built into our application, assessment and approval process are designed to ensure that our product is distributed to customers within the target market:

• The screening questions that are included in the loan application and which must be completed by the applicant for the application to progress (includes identity verification).

• The assessment and approval criteria programmed into our auto assessment system do not allow approval of applications that will place the consumer into financial hardship.

• Our credit analysts who assess loan applications are highly trained professionals who are skilled in determining whether a consumer falls outside the target market parameters.

• Where the application satisfies all criteria for approval and the application reveals no indications that the applicant is not within the target market for the product, the application is approved by our Loan Management System (LMS).

• Where the application fails to satisfy sufficient approval criteria, it is auto declined by LMS. Applications that do not meet the criteria for auto approval or auto decline are then passed to a team of highly trained credit analysts, who assess the application against the business' credit criteria and policies and the product target market to enable them to provide an approval or decline decision.

• Our staff are monitored through assurance programs such as sample file monitoring for errors and to ensure we are meeting our regulatory obligations and remain consistent with our internal policies and procedures.

Our website and mobile app contain sufficient information for consumers to enable them to make an informed decision about whether to apply for the product and evaluate whether it suits their needs and objectives. Our marketing and distribution channels appropriately present the product by:

• Accurately displaying product and pricing related information;

• Directed towards the class of consumers for which the product has been designed;

• Clearly presenting the information relating to a consumer's likely eligibility for the product;

• Providing an example of a MACC product outlining the term and associating costs.

• Information about the products with a summary of key benefits, fees and charges, in an easy to navigate format;

• Not providing false or misleading information; and

• Displaying all relevant disclosures or warnings as required by law.

We have assessed the adequacy of the distribution conditions and restrictions of the product and have formed the view that they are appropriate because only consumers within the target market are offered the product, providing them with clear access to apply for the product, be approved for the product and be provided with loan funds without delay. Further, the assessment and approval process ensures that the loan repayments will not place the consumer in financial hardship and therefore distributed to the class of consumers for whom the product has been designed.

1. Reviewing this TMD

We will review this TMD in accordance with the below:

Initial review:
Annually, from the Effective date.

Periodic reviews:
At least annually following the last review, with the review completed by the anniversary date of the TMD, irrespective of whether or not a trigger event has occurred in that year.

Review triggers:
The occurrence of one or more of the following review triggers or events (which reasonably suggest the TMD is no longer appropriate) will prompt us to review this TMD within 10 business days of the date we identify a trigger event:

• occurrence of a significant dealing that is required to be reported to ASIC;

• a significant change in metrics, including but not limited to, the number and nature of complaints, unusual patterns or the proportions of hardship applications received, default, late or dishonour rates, and bad debts;

• the average number of loans per customer per year exceeds 10;

• a material change to the design or distribution of the product or the terms and conditions including related documentation;

• a material change in the law, regulator expectations or applicable industry standards that may affect the operation of the product.

1. Distribution information reporting requirements

We will collect the following information from our distributors who engage in retail product distribution in relation to this product:

Type of information: Complaints

• Description: Details of any complaint during the reporting period including the number of complaints and details of the specific complaint.

• Reporting Period: Quarterly, within 10 business days of the end of each period.

Type of information: Significant dealing/s

• Description: Date or date range of the significant dealing/s and description of the significant dealing (e.g. why it is not consistent with the TMD).

• Reporting Period: As soon as practicable, and within 10 business days after becoming aware.