• Retail entitlement offer raised $9.26 million
• Total equity raising of $25 million to fund proposed acquisition of 29 franchise stores
• EZCORP to take up shortfall, increasing stake to 43.85%

Cash Converters International Limited (ASX:CCV) has announced the results of the retail component of its 1 for 9.57 accelerated non-renounceable entitlement offer. The retail entitlement offer closed on 17 November 2025, with the company receiving subscriptions for approximately $9.26 million. Combined with the earlier institutional placement and accelerated institutional component, the total equity raising is expected to be approximately $25 million. The funds raised will be used, together with existing cash reserves, to fund Cash Converters' proposed acquisition of a network of 29 Australian franchise stores, collectively known as the Cash Converters Investment Group, for a total cash consideration of $37.0 million. The company will also use the funds to pay costs associated with the equity raising and the proposed acquisition. As announced earlier, EZCORP, Inc. has agreed to sub-underwrite the retail entitlement offer up to $2,182,569.33, representing up to 7,155,965 new shares. With the shortfall of 17,417,325 new shares, EZCORP will be issued the full sub-underwritten amount, and its voting power is expected to increase to approximately 43.85%. The remaining shortfall of 10,261,360 new shares will be placed by the lead manager under the terms of the underwriting agreement.

The total amount raised under the equity raising after rounding is $24,999,506.48, which the company intends to use to fund the proposed acquisition of 29 Australian franchise stores.