Mr. Farhan Khan reports

GOEASY LTD. CLOSES US$400 MILLION OFFERING OF SENIOR UNSECURED NOTES

goeasy Ltd. has closed its previously announced offering of $400-million (U.S.) aggregate principal amount of senior unsecured notes due 2030. In connection with the offering of the notes, goeasy also entered into a currency swap agreement to reduce the Canadian-dollar equivalent cost of borrowing on the notes to 6.03 per cent per annum. Before giving effect to the currency swap, the coupon on the notes is 7.375 per cent per annum. goeasy intends to use the net proceeds from the sale of the notes to partially repay indebtedness under its secured facilities and for general corporate purposes.

"We are pleased to announce the closing of our unsecured notes offering," said Hal Khouri, goeasy's executive vice-president and chief financial officer. "This financing increases our total funding capacity to $2.2-billion to support our organic growth plans."

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 omni-channel 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 10,800 merchant partners across Canada. Throughout the company's history, it has acquired and organically served over 1.5 million Canadians and originated over $16-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 and insurance, Waterstone Canada's most admired corporate cultures, placing on the 2024 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 $6.3-million to support its long-standing partnerships with BGC Canada and many other local charities.

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

We seek Safe Harbor.