Regional Management Corp. Expands Operations to California

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has expanded its operations to California, its 16^th U.S. state, with the opening of its first branch in Riverside. The opening further expands Regional Management’s footprint and provides Regional with a true coast-to-coast presence in the U.S.

“We are very pleased to bring our suite of affordable financial solutions to California, the largest state in the U.S. and one of the largest economies in the world,” said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. “We look forward to expanding our presence into additional markets within California in the months and years to come. Our omni-channel operating model is ideal for a large state like this – one that increases our addressable market by approximately 33% – where high-quality consumers across the state can leverage our premier lending solutions at their convenience. Our geographic expansion strategy continues to position us well to capture additional market share in a controlled manner and deliver long-term value to our shareholders.”

About Regional Management Corp.

Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name “Regional Finance” online and in branch locations in 16 states across the United States. Most of its loan products are secured, and each is structured on a fixed-rate, fixed-term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally managed direct mail campaigns, digital partners, retailers, and its consumer website. For more information, please visit www.RegionalManagement.com.

Forward-Looking Statements

This press release may contain various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but instead represent Regional Management Corp.’s expectations or beliefs concerning future events. Forward-looking statements include, without limitation, statements concerning financial outlooks or future plans, objectives, goals, projections, strategies, events, or performance, and underlying assumptions and other statements related thereto. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “outlook,” and similar expressions may be used to identify these forward-looking statements. Such forward-looking statements speak only as of the date on which they were made and are about matters that are inherently subject to risks and uncertainties, many of which are outside of the control of Regional Management. As a result, actual performance and results may differ materially from those contemplated by these forward-looking statements. Therefore, investors should not place undue reliance on forward-looking statements.