Mr. Jason Mullins reports

GOEASY LTD. ANNOUNCES PRELIMINARY SECOND QUARTER SELECTED DATA

goeasy Ltd. has released select preliminary unaudited financial results for the second quarter ended June 30, 2024, based on information currently available to management. The company is making this announcement because the same information is being provided concurrently to potential investors in the company's offering of $150-million (U.S.) aggregate principal amount of senior unsecured notes. The notes will have substantially identical terms as, and will be treated as a single series with, the company's 7.625 per cent unsecured notes due 2029 issued on Feb. 23, 2024.

Consistent with the guidance previously provided in the outlook section in the company's management's discussion and analysis (MD&A) of financial condition and results of operations for the three months ended March 31, 2024, the company anticipates that:

• Gross consumer loan portfolio growth in the second quarter of 2024 will exceed $275-million;
• Total yield on consumer loans (including ancillary products) in the second quarter of 2024 will be between 34.0 per cent and 35.0 per cent;
• Net charge-offs as a percentage of average gross consumer loans receivable will be between 8.5 per cent and 9.5 per cent in the second quarter of 2024.

The company's unaudited interim condensed consolidated financial statements and its management's discussion and analysis for the second quarter ended June 30, 2024, are currently expected to be available and filed under the company's profile on SEDAR+ after the market closes on Aug. 8, 2024.

All figures reported above with respect to the second quarter of 2024 are preliminary and are subject to change and adjustment as the company's financial results for the second quarter ended June 30, 2024, are finalized. Accordingly, investors are cautioned not to place undue reliance on the foregoing guidance. The company does not intend to provide unaudited preliminary results in the future. The preliminary unaudited results provided in this news release constitute forward-looking statements within the meaning of applicable securities laws, are based on a number of assumptions and are subject to a number of risks and uncertainties. Actual results may differ materially.

About goeasy Ltd.

goeasy is a Canadian company, headquartered in Mississauga, Ont., that provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. Supported by over 2,500 employees, the company offers a wide variety of financial products and services, including unsecured and secured instalment loans, merchant financing through a variety of verticals, and lease-to-own merchandise. Customers can transact seamlessly through an omnichannel model that includes on-line and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement and health care verticals, through over 10,000 merchant partners across Canada. Throughout the company's history, it has acquired and organically served approximately 1.4 million Canadians and originated over $13.5-billion in loans.

Accredited by the Better Business Bureau, goeasy is the proud recipient of several awards in recognition of its exceptional culture and continued business growth, including 2024 Best Workplaces in Financial Services & Insurance, Waterstone Canada's Most Admired Corporate Cultures, ranking on the 2022 Report on Business Women Lead Here executive gender diversity benchmark, placing on the Report on Business ranking of Canada's Top Growing Companies, ranking on the TSX30, Greater Toronto Top Employers Award, and has been certified as a Great Place to Work. The company is represented by a diverse group of team members from over 70 nationalities who believe strongly in giving back to communities in which it operates. To date, goeasy has raised and donated over $5.6-million to support its long-standing partnerships with BGC Canada and many other local charities. In 2023, the company announced a three-year $1.4-million commitment to BGC Canada's Food Fund.

goeasy's common shares are listed on the Toronto Stock Exchange under the trading symbol GSY.

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