General Capital Announces Resignation of Director

21/03/2025 14:34 NZDT, ADMIN

Resignation of Megan Glen from General Capital Limited Board

General Capital Limited (NZX: GEN) today announced the resignation of Megan Glen as a non-executive director of the General Capital Board effective 31 March 2025.

Mr Rewi Bugo, Chairman of General Capital, advised that Megan joined the Board when a share placement was made in February 2023, and he thanked Megan for her contribution on the Board over the last two years.

Mr Bugo said “We understand Megan’s significant workload outside of General Capital and we appreciate the time she has been able to commit to the Board.

The Board will undertake a skills review, and we will assess the skills the Board would most benefit from in a new director with an appointment likely at the next Annual Shareholders Meeting.”

This announcement was authorised for release by the Chairman of General Capital Limited.

ENDS

For further Information please contact

Brent King

Managing Director

General Capital Ltd.

Brent.King@GenCap.co.nz

021-632-660

21 March 2025