Shared Beginnings placed into voluntary administration

• Shared Beginnings, a subsidiary of Finexia Financial Group, has been placed into voluntary administration.
• DVT McLeods' Mr Bill Karageozis and Mr Nick Keramos have been appointed as Voluntary Administrators.
• Finexia has ceased financial support after a prolonged recovery attempt.

Finexia Financial Group Limited (ASX: FNX) announced that its subsidiary, Shared Beginnings Pty Ltd, has been placed into voluntary administration. Shared Beginnings, which operates seven early learning centres, was taken over by Finexia following the collapse of Genius Early Learning in March 2025. Despite significant financial and operational support from Finexia, the Board decided to cease further support due to an unsuccessful recovery effort. The administrators will now assess the business and determine its future options.