SALLIE MAE Smart Option Student Loan Historical Performance Data Period ended September 30, 2019 - Forward-Looking Statements and Disclaimer - Cautionary Note Regarding Forward-Looking Statements

Sep 19, 2026

SALLIE MAE presents historical performance data for its Smart Option Student Loan program for the period ended September 30, 2019, accompanied by extensive forward-looking statement disclosures. The materials explain that non-historical statements reflect management expectations as of the presentation date, and may differ materially due to risks, uncertainties, assumptions, and factors such as financing costs, liquidity limits, regulatory compliance, litigation outcomes, credit risk, accounting changes, cybersecurity threats, and shifts in education loan terms and market conditions.

LanguageEnglish

CategoryPresentations

FormatPDF

Pages20

Reading Time7 min

AccessFree to download

Forward-Looking Statements and Disclaimer

Cautionary Note Regarding Forward-Looking Statements

Important Information Regarding Historical Loan Performance Data

| 1 SALLIE MAE Smart Option Student Loan Historical Performance Data Period ended September 30, 2019 | 2 Forward-Looking Statements and Disclaimer Cautionary Note Regarding Forward-Looking Statements The following information is current as of September 30, 2019 (unless otherwise noted) and should be read in connection with the press release of SLM Corporation (the “Company”) dated October 23, 2019, announcing its financial results for the quarter ended September 30, 2019 (the “Earnings Press Release”), the Form 10-Q for the quarter ended September 30, 2019 (filed with the Securities and Exchange Commission (“SEC”) on October 23, 2019), and subsequent reports filed with the SEC. This Presentation contains “forward-looking” statements and information based on management’s current expectations as of the date of this presentation. Statements that are not historical facts, including statements about the Company’s beliefs, opinions or expectations and statements that assume or are dependent upon future events, are forward-looking statements. This includes, but is not limited to, the Company’s expectation and ability to pay a quarterly cash dividend on its common stock in the future, subject to determination by the Company’s Board of Directors, and based on an evaluation of the Company’s earnings, financial condition and requirements, business conditions, capital allocation determinations, and other factors, risks and uncertainties, and also includes any estimates related topending accounting standard changes. Forward-looking statements are subject to risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those reflected in such forward-looking statements. These factors include, among others, the risks and uncertainties set forth in Item 1A.“Risk Factors” and elsewhere in the Company’s Annual Report on Form 10-K for the year ended Dec. 31, 2018 (filed with the SEC on Feb. 28, 2019) and subsequent filings with the SEC; increases in financing costs; limits on liquidity; increases in costs associated with compliance with laws and regulations; failure to comply with consumer protection, banking and other laws; changes in accounting standards and the impact of related changes in significant accounting estimates, including any regarding the measurement of our allowance for loan losses and the related provision expense; any adverse outcomes in any significant litigation to which the Company or any subsidiary is a party; credit risk associated with the Company’s or any subsidiary’s exposure to third parties, including counterparties to the Company’s or any subsidiary’s derivative transactions; and changes in the terms of education loans and the educational credit marketplace (including changes resulting from new laws and the implementation of existing laws) . The Company also could be affected by, among other things: changes in its funding costs and availability; reductions to its credit ratings; cyber security incidents, cyber attacks and other failures or breaches of its operating systems or infrastructure, including those of third-party vendors; damage to its reputation; risks associated with restructuring initiatives, including failures to successfully implement cost-cutting programs and the adverse effects of such initiatives on the Company’s business; changes in the demand for educational financing or in financing preferences of lenders, educational institutions, students and their families; changes in law and regulations with respect to the student lending business and financial institutions generally; changes in banking rules and regulations, including increased capital requirements; increased competition from banks and other consumer lenders; the creditworthiness of customers; changes in the general interest rate environment, including the rate relationships among relevant money-market instruments and those of earning assets versus funding arrangements; rates

FAQs

What are forward-looking statements in this presentation?

Forward-looking statements are statements that are not historical facts and reflect management expectations based on the presentation date, including beliefs, opinions, estimates, and assumptions about future events.

Which risks and uncertainties could cause actual results to differ materially?

The presentation lists risks such as financing cost increases, liquidity limits, regulatory and compliance failures, accounting standard changes, litigation outcomes, cybersecurity incidents, credit rating reductions, and changes in education loan terms and the lending marketplace.

How does the presentation explain GAAP results versus Core Earnings?

It states that Core Earnings differ from GAAP for the periods presented due to unrealized, mark-to-market gains or losses on derivative contracts (excluding certain accruals), and it notes Core Earnings is not a GAAP-defined term and may not be comparable across companies.

Sep 19, 2026

Upload by Alex Sinclair