Mr. Hal Khouri reports

GOEASY LTD. CLOSES US$450 MILLION AND C$175 MILLION OFFERING OF SENIOR UNSECURED NOTES

goeasy Ltd. has closed its previously announced offering of $450-million (U.S.) aggregate principal amount of senior unsecured notes due 2031, which was upsized from $400-million (U.S.) at the initial time of offering, and $175-million (Canadian) aggregate principal amount of 6.000 per cent senior unsecured notes due 2030, which was upsized from $100-million (Canadian) at the initial time of offering. The new Canadian-dollar notes were issued at a price of $997.50 (Canadian) per $1,000 (Canadian) principal amount, plus accrued interest from May 15, 2025. The new Canadian-dollar notes have substantially identical terms (other than issuance price, date of issuance and the date from which interest initially accrues) as, and will be treated as a single series with, the company's 6.000 per cent senior unsecured notes due 2030 issued on Nov. 4, 2024. An aggregate of $325-million (Canadian) principal amount of the Canadian-dollar notes is outstanding following closing of the offering.

In connection with the offering of the U.S.-dollar notes, goeasy also entered into a currency swap agreement to reduce the Canadian-dollar-equivalent cost of borrowing on the U.S.-dollar notes to 6.106 per cent per annum. Before giving effect to the currency swap, the coupon on the U.S.-dollar notes is 6.875 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 upsized unsecured notes offering. The increases to both the U.S.-dollar- and Canadian-dollar-denominated issuances reflected strong market demand and confidence in our business," said Hal Khouri, goeasy's executive vice-president and chief financial officer. "This financing raises our total funding capacity to $2.3-billion (Canadian) to support our 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 2,600 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 approximately 11,200 merchant partners across Canada. Throughout the company's history, it has acquired and organically served approximately 1.6 million Canadians and originated over $17.5-billion (Canadian) 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 inclusion in Time magazine's inaugural list of Canada's best companies, 2024 best workplaces in financial services and 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 2024 Report on Business ranking of Canada's top-growing companies, ranking on the TSX30, and 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 90 nationalities who believe strongly in giving back to communities in which it operates. To date, goeasy has raised and donated over $6.5-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.

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