General Capital (GEN:NZ) Subsidiary General Finance Update

General Capital Limited advises that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, has uploaded its quarterly unaudited report for the quarter ended 31 March 2026 to the Disclose Register. Total assets as at 31 March 2026 was $280.0 million, which remained broadly in line with the previous quarter as at 31 December 2025. The company also reported a quarterly net profit after tax (NPAT) of $1,109,939, an increase of 3.1% from the previous quarter and a 85.7% increase from the 31 March 2025 comparative. As at 31 March 2026, General Finance held $34.4m in cash and cash equivalents (including bank deposits). The capital ratio, being the total capital divided by total exposures, was 16.44%. The minimum capital ratio required under the Trust Deed is 8%. Mr. Brent King, Managing Director, commented on the results being another positive quarter with solid results, explaining that as a licensed Non-bank Deposit Taker, General Finance is required to issue this report under the Financial Markets Conduct Act 2013. “This performance is a great result for General Finance, particularly in light of the challenges and uncertainties arising from global events, highlighting the company’s resilience and the effective and efficient strategic planning and execution. General Finance remains well positioned and focused on future growth. The information can be found at www.disclose-register.companiesoffice.govt.nz. ENDS This announcement was authorised by Brent King, Managing Director For further information contact: Brent King Managing Director General Capital Limited +64 21 632 660 Brent.King@gencap.co.nz 29 April 2026