Geneva Half Year Profit Guidance

Media Release 31 October 2023 Geneva Half Year Profit Guidance Geneva Finance announces that while the results for the 6 months to September 2023 are not yet finalised it is expected that the Group after tax result will be down on last year between 17.0% - 19.5%. The pre-tax result is expected to be down between 13.0% and 15.5%, the difference between the after tax and pre-tax relates to temporary tax adjustments. The continued increased in cost of funds over this period exacerbated the shortfall vs the prior period with cost of funds up $1.4m (+56%) for the period. The September result also include one off relocation costs in moving to our new premises in July 2023. ends Investments@genevafinance.co.nz End CA:00420808 For:GFL Type:MKTUPDTE Time:2023-10-31 16:58:04