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Resignation of Simon McArley from General Capital Board

Director Departure17 July 2023GENFinancials

General Capital Limited
Level 8, General Capital House,

115 Queen Street, Auckland CBD

PO Box 1314, Shortland Street,

Auckland, New Zealand. 1140.

Phone +64 9 304 0145


Resignation of Simon McArley from General Capital Limited Board

General Capital Limited (NZX:GEN) today announced the resignation of Simon

McArley as a non-executive director of the General Capital Board effective 17 July

2023.

Mr Rewi Bugo, Chair of General Capital, thanked Simon for his significant

contribution over the last 5 years including with the reverse listing of General

Capital in 2018 and for his role as Chair of the Audit Committee.

Mr Bugo wished Simon well in his future projects.

General Capital notes that nominations for directors are currently open in

advance of the Annual Shareholder Meeting on 24 August 2023 and will update

the market once a replacement is appointed.

Ends

This announcement was authorised for release by Rewi Bugo, Chair of General

Capital Limited

For further information please contact

Brent King

Managing Director

O21-632-660

Brent.king@GenCap.co.nz

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