Origination Productivity Index Q4'16 Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 TF % Yield COFI OPI 27 22.3% 22.2% 20.8%21.8%22.1%22.1%21.9%21.9% Calculation Methodology: Origination Productivity Index (OPI) is the sum of three (3) components of forecasted cash flows attributable to quarterly Bank Partner origination, as follows: 1) Transaction Fees Transaction Fee % is Transaction Fee revenue to be collected divided by quarterly Transaction Volume. For Q318, TF% was 6.9%. 2) Yield Cash Flows (YCF) The finance charges forecasted to be collected (net of finance charge reversals) attributable to quarterly originations over the Weighted Average Life (WAL) of the loans (1.2 years for Deferred Interest Loans and 3.2 years for Reduced Rate Loans) divided by the quarterly Transaction Volume. For Q318, YCFs totaled 17.8% which was the sum of (a) Deferred Rate Loan Yield Cash Flows (35% of total) with an average yield of 24.4% per annum, net of finance charge reversals over its WAL, and (b) Reduced Rate Loan Yield Cash Flows (65% of total) with an average yield of 7.2% per annum over its WAL. 3) COFI Cash Flows: To impute Bank Partner cost of funds, we used the published 11th District Bank Cost of Funds Index (COFI) for each quarter (Q318=1.02%) over the WAL of the quarterly Transaction Volume, divided by the quarterly Transaction Volume.