Mr. Neil McCann reports

FINNING COMPLETES THE SALE OF 4REFUEL AND COMTECH

Finning International Inc. has successfully completed the previously announced sale of 100 per cent of its mobile on-site refuelling business, operating through its subsidiaries 4Refuel Holdings Ltd., Midnight Holding Inc. and their respective affiliates (collectively 4Refuel), to affiliates of H.I.G. Capital.

In addition, on May 15, 2025, Finning and the other shareholders of compression Technology Corp. (ComTech) closed the previously announced sale of ComTech to a third party.

"We are pleased to have completed the sale of 4Refuel and ComTech and wish the teams continued growth and success in the future," said Kevin Parkes, president and chief executive officer of Finning International. "These transactions represent another important step in executing our strategy to simplify our business and focus on our core dealership operations, unlocking invested capital and increasing pro forma return on invested capital."

Finning's second quarter results will include ComTech, until May 15, and 4Refuel for the full quarter, all presented in discontinued operations.

About Finning International Inc.

Finning is the world's largest Caterpillar dealer, delivering unrivalled service to customers for over 90 years. Headquartered in Surrey, B.C., the company provides Caterpillar equipment, parts, services and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom and Ireland.

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