Amended Distribution Notice

Distribution Notice





Section 1: Issuer information
Name of issuer General Capital Limited
Financial product name/description Ordinary Shares
NZX ticker code GEN
ISIN (If unknown, check on NZX
website)
NZMYKE0001S9
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly
Half Year x Special
DRP applies x
Record date 1 December 2025
Ex-Date (one business day before the
Record Date)
28 November 2025
Payment date (and allotment date for
DRP)
12 December 2025
Total monies associated with the
distribution
1

$ 305,016.90
Source of distribution (for example,
retained earnings)
Retained Earnings
Currency New Zealand Dollar (NZD)
Section 2: Distribution amounts per financial product
Gross distribution
2
$ 0.00461216
Gross taxable amount
3
$ 0.00461216
Total cash distribution
4
$ 0.00332075
Excluded amount (applicable to listed
PIEs)
N/A
Supplementary distribution amount $ 0.00000000
Section 3: Imputation credits and Resident Withholding Tax
5

Is the distribution imputed Fully imputed

1
Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
2
“Gross distribution” is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of
Resident Withholding Tax (RWT).
3
“Gross taxable amount” is the gross distribution minus any excluded income.
4
“Total cash distribution” is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT.
This should include any excluded amounts, where applicable to listed PIEs.
5
The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is
fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute
advice as to whether or not RWT needs to be withheld.

If fully or partially imputed, please
state imputation rate as % applied
6

28%
Imputation tax credits per financial
product
$ 0.00129140
Resident Withholding Tax per
financial product
$ 0.00023061
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
5%
Start date and end date for
determining market price for DRP
28 November 2025 4 December 2025
Date strike price to be announced (if
not available at this time)
5 December 2025
Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
New Issue
DRP strike price per financial product
N/A
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
2 December 2025
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Vik Singh, Chief Financial Officer
Contact person for this
announcement
Brent King, Managing Director
Contact phone number 021 632 660
Contact email address brent.king@gencap.co.nz
Date of release through MAP

21 November 2025






6
Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.