• Proposed capital return of $23 million to shareholders
• Follows previous equal capital reduction in 2022
• Maintains strong and conservative balance sheet

Euroz Hartleys Group Limited (ASX:EZL) is pleased to announce a proposed capital return of approximately $23 million to shareholders via a capital return in accordance with sections 256B and 256C of the Corporations Act 2001 (Cth). This proposed capital return will complete the Board's two-year strategic review to simplify the corporate structure whilst retaining an appropriate balance sheet to efficiently support the business. Euroz Hartleys maintains a strong and conservative balance sheet, reporting a cash balance of $79 million and investments of $19.5 million as at 31 May 2025. The Company has convened a General Meeting on 18 July 2025 for shareholders to consider the proposed capital management initiative to distribute the excess capital. The proposed amount represents 14 cents per share which, if approved, will be distributed on the terms and conditions set out in the attached Notice of Meeting and Explanatory Statement. Executive Chairman Andrew McKenzie commented that in the company's 25-year history, they have distributed $348 million in fully franked dividends and $40 million of capital to shareholders, and the proposed capital return will return an additional $23 million to shareholders, resulting in a more efficient balance sheet to support the business.