GENERAL CAPITAL LIMITED

General Capital Limited’s registered share information, recorded with the New Zealand company registry and verified as at 12 August 2026, discloses 17 shareholders. The largest disclosed holding is a corporate shareholder, Borneo Capital Limited, recorded at approximately 40.54 percent of ordinary shares (31,730,479 shares). Other disclosed holders in the reviewed records include individuals Owen Arvind Daji (approximately 2.25 percent), Olivia Ling (approximately 2.13 percent) and Jacqueline Sinclair (approximately 0.60 percent), together with New Zealand Depository Nominee Limited (approximately 1.50 percent), a custodial nominee that typically holds shares on behalf of underlying investors rather than in its own beneficial capacity.

As a company listed on the NZX Main Board, General Capital Limited’s shares are also subject to substantial-product-holder disclosure under New Zealand securities law. Borneo Capital Limited has separately been confirmed in NZX substantial-shareholder announcements and Takeovers Panel correspondence as a major shareholder, with reported voting control of approximately 36.77 percent following share transactions in June 2023 that were the subject of a self-reported, and ultimately unactioned, possible breach of the Takeovers Code. The higher 40.54 percent holding recorded in the registry data as at August 2026 is directionally consistent with Borneo Capital Limited having continued to increase its position since 2023, though no single external filing was located that independently confirms the exact August 2026 percentage.

No verified ultimate beneficial owner is reported for General Capital Limited. Borneo Capital Limited is itself recorded as a corporate shareholder, and no ownership chain disclosing the natural person or persons who control Borneo Capital Limited was located in the sources reviewed, so no effective individual ownership percentage can be calculated.

Data availability: shareholder information for General Capital Limited is assessed as Full for registered holdings, since the New Zealand registry data lists the complete disclosed shareholder base with percentages and share counts as at a stated date. The beneficial owners standing behind the corporate shareholder Borneo Capital Limited and the nominee holding of New Zealand Depository Nominee Limited are not separately disclosed in the sources reviewed.

General Capital Limited’s current board of directors, as recorded in the New Zealand Companies Office register (last updated 23 August 2026), consists of three active directors: Rewi Hamid Bugo, appointed 13 June 2017; Gregory Stephen James, appointed 28 September 2022; and Anita Maria Killeen, appointed 1 February 2024. This matches the leadership described on General Capital Limited’s own NZX company profile, which separately identifies Rewi Hamid Bugo as Chairman and Gregory Stephen James and Anita Maria Killeen as independent directors, alongside Vikraant Singh as Chief Financial Officer, a management role rather than a directorship.

The officer information attached to the underlying Zavia registry record is materially older and should not be treated as reflecting the current board: it lists Huei Lim (appointed 21 December 2011) and Simon McArley and Graeme Brown (both appointed 20 December 2017) as active directors, none of whom appear in the current Companies Office register reviewed on this date, alongside historical resignations for Hock Siow (resigned 3 November 2015) and Choo Chew (resigned 10 October 2017). The direction of the historical resignations is consistent with the current register, but the “active” status recorded for Huei Lim, Simon McArley and Graeme Brown could not be corroborated against the live register and appears outdated.

Recent verified changes include Anita Maria Killeen’s appointment as director effective 1 February 2024 and Gregory Stephen James’s appointment effective 28 September 2022, both confirmed in the Companies Office register.

Nationality is not disclosed in the New Zealand Companies Office register, which records only a correspondence address for each director; Rewi Hamid Bugo’s correspondence address in Kuching, Sarawak, Malaysia should not be read as evidence of his nationality or country of residence. Director information for General Capital Limited is assessed as current for the three directors named in the live register, while the additional individuals recorded in the underlying Zavia registry data should be treated as historical or unverified.

General Capital Limited is an NZX-listed holding company with no verified corporate parent; no shareholder is confirmed to hold outright control, with the largest disclosed shareholder, Borneo Capital Limited, recorded at approximately 40.54 percent, below outright majority control. Through its own official disclosures, General Capital Limited confirms two wholly owned direct subsidiaries: General Finance Limited, a licensed Non-Bank Deposit Taker, and Investment Research Group Limited, a research and investment-banking advisory firm, both described on the company’s own website as forming the operating businesses of the General Capital group.

Underlying Zavia registry linkage data additionally records a wider set of related New Zealand entities not independently confirmed through the primary sources reviewed for this profile. These include Corporate Holdings Limited (NZ company number 6254097), shown as sitting between General Capital Limited and a group of further entities: Commercial and General Finance Limited (NZ 6775413), General Leasing Limited (NZ 6775415), General Finance & Investments Limited (NZ 6775416), General Loan & Finance Limited (NZ 6775353), General Finance & Leasing Limited (NZ 6775374), a company also named Mykco Limited but carrying a different registration number (NZ 6775454) from General Capital Limited’s own former name, and Bridges Financial Services Limited (NZ 942179), shown under General Finance Limited (NZ 860336). The linkage data also records an overseas entity, Enterprise Managed Services Sdn. Bhd. (Malaysia, registration MY 513199T). None of these additional entities could be independently corroborated against an official filing during this review, and the separately named Mykco Limited entity should not be assumed to be the same company that was General Capital Limited’s own former name.

Data availability: corporate-linkage information for General Capital Limited is partial. The two principal operating subsidiaries, General Finance Limited and Investment Research Group Limited, are confirmed through the company’s own disclosures, but ownership percentages for them are not separately stated beyond being described as wholly owned. The wider set of entities recorded in the underlying registry linkage data could not be independently verified as part of this review and should be treated as unconfirmed.