An anonymous director reports

FINNING ANNOUNCES PRICING OF $300 MILLION OF 4.231 per cent SENIOR UNSECURED NOTES

Finning International Inc. has priced an offering of $300-million principal amount of its 4.231 per cent senior unsecured notes due Aug. 12, 2031, which will rank pari passu with existing senior unsecured obligations of Finning. Interest on the notes is payable semi-annually, commencing on Feb. 12, 2027.

Closing of the offering of the notes is expected to occur on or about Aug. 12, 2026. This offering is being made pursuant to exemptions from the prospectus requirements of applicable securities laws of the provinces of Canada. Purchasers of notes will be obliged to establish their qualification to invest in accordance with the requirements of the securities laws of the jurisdiction in which they reside. As this offering is being made pursuant to exemptions from prospectus requirements of applicable securities laws, there will be restrictions on the resale of the notes.

Proceeds from the issuance of the notes will be used for repayment of existing indebtedness, including the repayment on maturity of Finning's 2.626 per cent senior unsecured notes due Aug. 14, 2026, of which there is approximately $180-million aggregate principal amount outstanding at the date hereof, and for general corporate purposes.

RBC Capital Markets, Scotiabank and TD Securities (as joint bookrunners) and CIBC World Markets Inc., National Bank Financial Inc., Citigroup Global Markets Canada Inc., Merrill Lynch Canada Inc., SMBC Nikko Securities Canada Ltd., Wells Fargo Securities Canada Ltd. and MUFG Securities (Canada) Ltd. are acting as agents with respect to the offering of the notes.

About Finning International Inc.

Finning is the world's largest Caterpillar dealer. Headquartered in Surrey, B.C., it sells and rents Caterpillar equipment and provides parts, service and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom and Ireland. Since 1933, it has delivered unrivalled customer service and is committed to solving its customers' toughest challenges.

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