General Capital Appoints New CFO

General Capital (GEN:NZ) Appointment of Chief Financial Officer General Capital, the listed financial services group, today announces the appointment of Mr Vikraant (Vik) Singh as the Chief Financial Officer subject to regulatory approval. Mr Singh joins General Capital on 6 May as CFO Designate. Mr Singh is a Chartered Accountant with over 17 years’ experience having obtained a BCom from Victoria University. He will join General Capital most recently having worked at PWC in Auckland as Director – Management Consulting. Prior to that he was the Group Financial Controller at Jarden, the Finance Director/CFO at MedAccess in the UK and was the Head of Finance and Operations at M&G Plc also in the UK. He has also held finance roles at HSBC and Deloitte. General Capital Chair, Mr Rewi Bugo welcomed the appointment saying “The Board is pleased to welcome Mr Singh as the new CFO of the Group at this time of significant growth and regulatory change including the upcoming inclusion of General Finance Limited (the wholly owned subsidiary of General Capital) in the Deposit Compensation Scheme on 1 July 2025. We look forward to the value Mr Singh can bring to the business as we continue to grow our assets and earnings.” 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 6 May 2025