Notification of the Appointment of a New Director

General Capital (GEN:NZ) Notification of the Appointment of a New Director General Capital, the listed financial services group, is pleased to announce the appointment of Mr. Greg James to the Board of General Capital effective 28/09/2022. The Board of GEN have determined that Mr. Greg James is an independent director for the purposes of the NZX Listing Rules and the NZX Corporate Governance Code. Mr. Brent King, Managing Director said, "The appointment of Mr. Greg James comes at a time when General Capital is enjoying substantial growth in both assets and profits. As an accounting and tax specialist, Mr. Greg James brings an additional and relevant skills set to the Board with his considerable experience." For further information contact: Mr. Brent King Managing Director +64 21 632 660 Brent.King@gencap.co.nz 5 October 2022 End CA:00400040 For:GEN Type:ADMIN Time:2022-10-05 14:54:15