Mr. Jason Mullins reports

GOEASY LTD. COMMENCES TENDER OFFER FOR ANY AND ALL OF THE AGGREGATE PRINCIPAL AMOUNT OF ITS 4.375% SENIOR UNSECURED NOTES DUE 2026

goeasy Ltd. has commenced a cash tender offer to purchase any and all of its outstanding 4.375 per cent senior unsecured notes due 2026 as set forth in the attached table.

The tender offer is being made solely pursuant to the terms and conditions set forth in an offer to purchase, dated Oct. 21, 2024. The tender offer will expire at 5 p.m., New York time, on Oct. 30, 2024, unless extended or terminated (such time and date, as the same may be extended or terminated by the company in its sole discretion subject to applicable law). Tendered notes may be withdrawn at any time: (i) at or prior to the earlier of: (x) the expiration date; and (y) in the event that the tender offer is extended, the 10th business day after commencement of the tender offer; and (ii) after the 60th business day after commencement of the tender offer if for any reason the tender offer has not been consummated within 60 business days after commencement (such time and date, as the same may be extended by the company in its sole discretion -- the withdrawal deadline) but may not thereafter be validly withdrawn, unless otherwise required by applicable law.

Holders of the 2026 notes must validly tender their 2026 notes or submit a notice of guaranteed delivery and comply with the related procedures, at or prior to the expiration date, and not validly withdraw their 2026 notes at or prior to the withdrawal deadline, in order to be eligible to receive the consideration. There is no letter of transmittal for the tender offer. Accrued and unpaid interest will be paid on all 2026 notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the settlement date, which is expected to be on or about Nov. 4, 2024. On the price determination date, unless extended, the company will issue a press release specifying, among other things, the consideration for the 2026 notes validly tendered and accepted. For holders who deliver a notice of guaranteed delivery and all other required documentation at or prior to the expiration date, upon the terms and subject to the conditions set forth in the offer to purchase (including the completion of the proposed financing (as defined as follows)), the deadline to validly tender their 2026 notes using the guaranteed delivery procedures will be 5 p.m. New York time on the second business day after the expiration date, which is expected to be Nov. 1, 2024, unless extended by the company in its sole discretion.

The tender offer is contingent upon, among other things, the successful completion by the company of a capital market transaction on terms and conditions satisfactory to the company in its sole discretion. The tender offer is not conditioned on any minimum amount of 2026 notes being tendered. The company may amend, extend or terminate the tender offer in its sole discretion. The purpose of the tender offer is to acquire any and all outstanding 2026 notes.

The complete terms of the tender offer are described in the offer to purchase and related notice of guaranteed delivery, copies of which are available on-line or may be requested from the information agent for the tender offer, Global Bondholder Services Corp., by telephone at 855-654-2015 (toll-free) or, for banks and brokers, 212-430-3774 and by e-mail at contact@gbsc-usa.com. goeasy has retained Wells Fargo Securities LLC, to serve as dealer manager for the tender offer. Persons with questions regarding the tender offer should contact the dealer manager for the tender offer, Wells Fargo Securities, at 1-866-309-6316 (toll-free), 704-410-4820 (collect) or liabilitymanagement@wellsfargo.com. Holders of the 2026 notes are urged to read the offer to purchase and related notice of guaranteed delivery carefully before making any decisions with respect to the tender offer. No recommendation is being made as to whether holders of the 2026 notes should tender their 2026 notes.

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, power sports, automotive, home improvement and health care verticals, through over 10,300 merchant partners across Canada. Throughout the company's history, it has acquired and organically served over 1.4 million Canadians and originated over $14.3-billion in loans.

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

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