Mr. Gary Megarrell reports

FINNING EXPANDS ITS POWER RENTAL CAPABILITIES WITH THE ACQUISITION OF JOHN F HUNT POWER GROUP LTD., A SPECIALIST POWER RENTAL COMPANY IN THE UK

Finning International Inc. has acquired John F. Hunt Power Group Ltd.

John F. Hunt Power is one of the United Kingdom's larger specialist generator rental companies, with a strong industry brand built on delivering high-quality solutions and service, and a record of profitable growth. John F. Hunt Power operates nationwide, serving a substantial and diverse customer base across a broad range of industries, including industrial, health care, events and construction.

With 145 employees and a nationwide fleet of approximately 2,500 generator units supported by six strategically located depots, John F. Hunt Power provides 24/seven coverage across the United Kingdom. In addition to its specialized generator rental offering, the company is recognized for its innovative fuel-as-a-service solution, delivering a seamless end-to-end experience for customers.

"John F. Hunt Power is a highly respected business with an outstanding track record of supporting customers with reliable, specialist power solutions. We are delighted to welcome the team to Finning.

"The acquisition is a major step forward in our growth strategy, projected to more than triple our power rental revenue in the U.K. and Ireland while significantly expanding our power generation solutions capability. It strengthens our ability to support customers with a broader range of applications, larger projects and increasingly complex power requirements.

"We are investing in a market with significant long-term growth potential, and this acquisition builds on the strong organic growth already being delivered by our business, accelerating our ambitions through additional scale, expertise and capability. This is an exciting opportunity to bring together complementary strengths, talented people and a shared commitment to customer support," said Gary Megarrell, managing director, Finning United Kingdom and Ireland.

The acquisition was funded using existing liquidity and remains consistent with Finning's disciplined capital allocation framework. The transaction is not expected to have a material impact on Finning's combined revenue, earnings or balance sheet.

About Finning International Inc.

Finning is the world's largest Caterpillar dealer. Headquartered in Surrey, B.C., we sell and rent Caterpillar equipment and provide parts, service, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom and Ireland. Since 1933, the company delivered unrivalled customer service and are committed to solving its customers' toughest challenges.

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