goeasy Ltd. Announces CEO Transition

MISSISSAUGA (ONTARIO), July 4, 2024 /CNW/ – round trip (TSX: GSY), (“round trip” or the “Business“), one of Canada Leading consumer lenders focused on providing a full range of financial services to Canadians with non-prime credit today announced a leadership transition plan, as well as Jason Mullins will step down as President and CEO at the end of the year and will remain a director on the board of directors.

After 14 years with the Company and almost 6 years in his current position, Jason Mullins Mr. Mullins has informed the Board of Directors of his decision to step down as President and CEO and will continue to serve on the Board of Directors, providing continuity and support for the Company going forward. Mr. Mullins will remain CEO through the end of the year, ensuring a smooth transition at the helm of the Company. Along with the Board of Directors, he will assist in selecting a successor and work with the new leader during a transition period.

“On behalf of the Board, I would like to thank Jason for the significant accomplishments and industry-leading results he has achieved during his tenure,” said David IngramExecutive Chairman of the Board of Directors of goeasy, “We are delighted to have him continue on the Board. Just as when I transitioned from CEO to Board member, this model provides the Company with continuity of knowledge and expertise, as well as support for recruitment and transition to new leadership. The Company is in the strongest position it has ever been and remains poised to build on its 20-year track record of industry-leading performance. We look forward to working with Jason on the selection of a successor who, under the leadership of the Board, will bring new experiences and perspectives to lead goeasy through the next stage of our ambitious growth and expansion,” concluded Mr. Ingram, “With the benefit of preserving institutional knowledge, while adding new talent to our strong and experienced management team, we remain well positioned to become Canada “Leading provider of non-privileged consumer credit.”

Over the past 20 years, goeasy has become one of the Canada leading non-bank financial institutions, with a consumer loan portfolio extending to more than 4 billion dollarsToday, the company has a strong foundation, including a high-performing management team, an award-winning culture and more than 1 billion dollars in fundraising capacity and more than 2,500 team members who worked tirelessly to serve more than 1.4 million Canadians.

“It has been a huge privilege to lead Goeasy as CEO since my appointment to succeed David in 2018,” said Jason Mullins“During my 14 years with the company, I have worked with some of the most talented and inspiring people of my career. With the company performing at a high level and poised for significant growth in the years ahead, we welcome the arrival of a new leader who will continue to deliver record performance. I look forward to leading the company through the remainder of the year, while supporting the transition to new leadership and remaining a director on the board to support the company into the future,” said goeasy’s President and CEO.

About goeasy

goeasy Ltd. is a Canadian company headquartered in Mississauga, Ontariowhich provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. Supported by more than 2,500 employees, the Company offers a wide variety of financial products and services, including secured and unsecured installment loans, merchant financing across various verticals and merchandise lease-to-own. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada and point-of-sale financing available across the retail, powersports, automotive, home improvement and healthcare verticals through over 10,000 merchant partners across Canada. Canada. Throughout its history, the Company has organically acquired and served approximately 1.4 million Canadians and created more than $13.5 billion on loans.

Accredited by the Better Business Bureau, goeasy is proud to have received several awards in recognition of its exceptional culture and continued business growth, including the 2024 Best Workplaces™ in Financial Services and Insurance, Waterstone Canada’s Most Admired Corporate Cultures, the 2022 Report on Business Women Lead Here Executive Gender Diversity Benchmark, the Report on Business of Canada TSX30 Fastest Growing Companies, Greater Toronto’s Top Employers Award Winners and Great Place to Work® Certified. The company is represented by a diverse group of team members from over 78 nationalities who believe strongly in giving back to the communities in which it operates. To date, goeasy has raised and donated over $5.6 million to support its long-standing partnerships with BGC Canada and many other local charities. In 2023, the Company announced a 3-year plan, $1.4 million commitment to the BGC Canada Food Fund.

goeasy Ltd.’s common shares are listed on the Toronto Stock Exchange under the symbol “GSY”. goeasy is rated BB- with a stable trend by S&P and Ba3 with a stable trend by Moody’s.

For more information about goeasy and our business units, visit www.goeasy.com, www.easyfinancial.com, www.lendcare.ca, www.easyhome.ca.

For more information, contact:

Jason Mullins
President and CEO
(905) 272-2788

Farhan Ali Khan
Senior Vice President, Chief Corporate Development Officer
(905) 272-2788

SOURCE goeasy Ltd

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