Safe Harbor Statement 2 Statements in this presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from those described in forward-looking statements. We believe that the expectations represented by our forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. Furthermore, unless otherwise stated, the forward looking statements contained herein are made as of the date of the presentation, and we do not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise unless required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement. Readers are cautioned that these forward-looking statements involve certain risks and uncertainties, including those described in our filings with the Securities and Exchange Commission (the “SEC”). This presentation references financial measures that are not in accordance with U.S. generally accepted accounting principles ("GAAP"), that our management uses in order to assist analysts and investors in evaluating our financial results. These financial measures not in accordance with GAAP ("Non-GAAP Financial Measures") are defined in the Appendix. In each case, the most directly comparable GAAP financial measure, if available, is presented, and a reconciliation of the Non-GAAP Financial Measure and GAAP financial measure is provided. The Issuer has filed a registration statement (including a prospectus supplement) on Form S-3 (File No. 333-227399) with the Securities and Exchange Commission (the “SEC”) for the offering to which this presentation relates. Before you invest, you should read the prospectus in the registration statement and the other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. The prospectus request language on the safe harbor on page 2 should include Janney and read: “Alternatively, you can request a copy of the prospectus from D.A. Davidson & Co. by calling toll-free (800) 332-5915 or emailing prospectusrequest@dadco.com, B. Riley Financial, Inc. by calling (703) 312-9580 (collect) or emailing prospectuses@brileyfin.com, or Janney Montgomery Scott LLC by calling (215) 665-4450 (collect) or emailing prospectus@janney.com”

Offering Summary 3 Issuer General Finance Corporation (NasdaqGM: “GFN”) Offering Format SEC Registered Securities Offered Senior Unsecured Notes Offering Size $40.0 million, with 15% overallotment option Denominations $25.00 and integral multiples of $25.00 in excess thereof Maturity 2025 Estimated Coupon 8.00% area, payable quarterly Rating Not rated Ranking Senior unsecured, pari passu with existing and future senior unsecured obligations of the Issuer Effectively subordinated to secured debt and debt of subsidiaries Optional Redemption Years 1 and 2 – Callable at par plus a make-whole premium Year 3 – callable at 104.5% of par. Year 4 callable at 102.25% of par. Year 5 callable at par. Equity Clawback Up to 35% within the first 2 years of the aggregate principal amount of the Notes at par plus coupon Use of Proceeds Redeem a portion of 8.125% Senior Notes due 2021 Expected Pricing October 22nd Listing NASDAQ Global Market expected within 30 days of issue date Joint Bookrunning Managers D.A. Davidson & Co., B. Riley Securities, Inc. and Janney Montgomery Scott Co-Managers William Blair & Company, National Securities Corporation and Wedbush Securities Inc.

General Finance at a Glance Leading provider of specialty rental solutions in the portable (or mobile) storage, liquid containment and modular space industries (portable services) Broad and expanding geographic presence with 105 primary branch locations across North America and Asia-Pacific with 100,645 fleet units Pac-Van and Lone Star Tank Rental in North America Royal Wolf in the Asia-Pacific region Southern Frac, a domestic manufacturer of portable liquid storage tanks and, under the trade name Southern Fab, other steel-related products FY 2020 consolidated revenues of $356.4 million; consolidated adjusted EBITDA of $97.8 million* 4 *Adjusted EBITDA is a Non-GAAP financial measure. Please see reconciliation of adjusted EBITDA in the Appendix.

Our Specialty Rental Services Fleet Categories 5 Storage Containers Freight Containers Mobile Offices Modular Buildings Liquid Containment Tanks Office Containers Portable Storage Fleet Units Modular Space Fleet Units Liquid Containment Fleet Units Fleet Units (6/30/20): 68,751 Fleet Units (6/30/20): 1,173 Fleet Units (6/30/20): 4,194 Fleet Units (6/30/20): 13,501 Fleet Units (6/30/20): 4,291 Fleet Units (6/30/20): 8,735 High quality fleet with quick paybacks, low maintenance costs and long useful lives Over 15-month average rental duration for storage containers; 16 months for modular space and 9 months for liquid containment tanks

Investment Highlights 6 Human Capital Expansion Platform Financial Performance Attractive Asset Class Senior management drives disciplined growth strategies, operational guidance and capital markets support Most experienced and industry leading acquisitions team Top five market leader in North America with ample geographic development and expansion potential Market leader in Australia and New Zealand with focus to increase rental penetration Diversified customer base Strong discretionary free cash flow Greater focus on leasing positively impacts EBITDA margins Long lived assets, rapid payback and low maintenance capex Differentiation and diversification of lease fleet

Experienced Senior and Field Level Management Team 7 Name Title Prior Experience Jody Miller President, CEO EVP and COO, Mobile Mini SVP, Mobile Services Group - SVP, RSC Equipment Rental Charles Barrantes EVP, CFO - VP and CFO, Royce Medical Company - CFO, Earl Scheib, Inc. - Arthur Andersen & Co. Christopher Wilson General Counsel, VP & Secretary - General Counsel and Assistant Secretary, Mobile Services Group, Inc. - Associate, Paul Hastings LLP Jeffrey Kluckman EVP, Global Business Development - Head of Mergers and Acquisitions, Mobile Mini, Mobile Services Group and RSC Equipment Rental Neil Littlewood CEO of Royal Wolf COO, Royal Wolf Executive General Manager, Royal Wolf EVP, Coates Hire Theodore Mourouzis CEO, President of Pac-Van - Controller for a 3M joint venture - Management consultant, Deloitte & Touche - President of a picture framing distributor and CFO of its holding company Dedicated senior executive management team with an average of over 20 years of industry experience Regional management personnel have specific product expertise and an average of over 15 years of industry experience

Leadership Position in North America with Extensive Branch Network 8 Top 4 recognized provider on national, regional and local level 63 primary branches in the United States - presence in 52 of top 100 MSAs 3 primary branches in Western Canada FY 2020 Net Promoter Score (“NPS”) of 85 for Pac-Van Total lease fleet of 55,182 units FY 2020 revenue of $233.5 million FY 2020 adjusted EBITDA of $71.5 million* Demonstrated track record of growth Market share gains Accretive acquisitions Greenfield openings Note: Branch figures as of June 30, 2020. *Adjusted EBITDA is a Non-GAAP financial measure. Please see reconciliation of adjusted EBITDA in the Appendix. North American Branch Network National accounts Product innovation Online ordering KENTUCKY Lexington Louisville Paducah l l Bakersfield LA-Chino l Las Vegas l Phoenix l Kermit l Dallas l l l San Antonio Kenedy Corpus Christi l Denver l Kansas City l St. Louis l Memphis l Nashville l Watford City l l Green Bay Milwaukee l Chicago l Detroit l l l l l l l l Pittsburgh l Trenton l Charleston l Charlotte l Atlanta l Albany l Jacksonville l Orlando l Edmonton, AB, CA l Calgary, AB, CA OHIO Cincinnati Cleveland Columbus Toledo l Salt Lake City l Indianapolis l Austin l l Des Moines Quad Cities l Madison Raleigh l l Boston l Springfield Miami l Seattle l Houston l Philadelphia l Yakima l Vancouver, BC, CA l Portland l Little Rock l Wichita l Elko l Lafayette l Houma l South Royalton l Greenville Elkhart l Baltimore/DC l Tilton l Tampa l Panama City l Midland Birmingham l

#1 Market Share Leader in Asia-Pacific 9 Leadership position with 35% market share(1) in Australia and 50% market share(1) in New Zealand Only container leasing and sales company with a nationally integrated infrastructure/workforce Largest branch network of any storage container company in Australia and New Zealand 24 primary branches in Australia 15 primary branches in New Zealand Represents all major metropolitan areas FY 2020 Net Promoter Score of 74 Total lease fleet of 45,463 units FY 2020 revenue of $115.6 million FY 2020 adjusted EBITDA of $31.1 million(2) Note: Branch figures as of June 30, 2020. Management estimate. Adjusted EBITDA is a Non-GAAP financial measure. Please see reconciliation of adjusted EBITDA in the Appendix. Asia-Pacific Branch Network Toowoomba l Auckland Palmerston North Wellington Christchurch Darwin Cairns Townsville Brisbane - Banyo Gold Coast Central Coast Canberra Hobart Adelaide Melbourne -Sunshine Melbourne - Clayton Geraldton Perth-Bassendean l l l l l l l l l l l l l l l l l l l Silverdale Hamilton Tauranga l l l l l l Rockhampton South Brisbane Newcastle l Moorebank Dunedin Napier l Launceston l Albury l Toowoomba l Nelson l Whangarei l Wollongong l Invercargill l Geelong l New Plymouth l Timaru l Gippsland l Cromwell l Coffs Harbour

($ in millions) Historical Financial Summary 12 Revenue Free Cash Flow Before Net Fleet Activity and Acquisitions(1) Adjusted EBITDA(1) ($ in millions) ($ in millions) Leasing Revenue ($ in millions) Cumulative Free Cash Flow $354 million Adjusted EBITDA and Free Cash Flow are Non-GAAP financial measures. Please see reconciliations in the Appendix. CAGR 7.7% CAGR 11.1% CAGR 10.9% $38 $46 $53 $69 $84 $61 $61 $88 $107 $98 21% 22% 22% 24% 28% 21% $0.2 25% 28% 27% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% $0 $20 $40 $60 $80 $100 $120 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 $182 $212 $246 $287 $304 $286 $277 $347 $378 $356 $0 $70 $140 $210 $280 $350 $420 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 $90 $104 $123 $151 $200 $168 $176 $215 $241 $228 $0 $50 $100 $150 $200 $250 $300 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 $13 $22 $23 $32 $33 $42 $27 $50 $51 $61 $0 $20 $40 $60 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020

Disciplined Balance Sheet Management and Capital Allocation 13 13 Leverage(2) and Net Debt Net Fleet Capital Expenditures, Acquisitions and Fleet Count Proven track record of organic and acquisition growth Fleet capital investment is discretionary and has been a significant component of our total investment spending Minimal maintenance capital expenditure requirements creates ability to generate free cash flow during a potential economic downturn Includes $70.4 total purchase consideration paid for noncontrolling interest in Royal Wolf. Represents total debt, less cash, divided by FY Adjusted EBITDA. ($ in millions) (in thousands) ($ in millions) (1) Includes Lone Star Tank Rental, acquired in April 2014, for the full fiscal year. 3.4x 3.6x 3.0x 3.4x 4.2x 5.6x 5.7x 4.6X 3.7x 3.7x FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Leverage Net Debt (3) $130.0 $167.0 $156.7 $293.5 $350.2 $342.9 $347.8 $405.6 $400.7 $362.3 $16.1 $45.4 $47.6 $65.7 $54.6 $20.8 $21.8 $21.1 $38.5 $20.2 $1.0 $4.6 $18.0 $119.2 $37.7 $22.6 $5.4 $86.5 $22.3 $2.5 41.3 48.9 54.3 61.6 72.9 72.9 80.7 85.8 99.7 100.6 $0.0 $25.0 $50.0 $75.0 $100.0 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Net Fleet CapEx Acquisitions Total Fleet

Capital Structure as of 6/30/20 14 Corporate Asia-Pacific Leasing Operations North America Leasing and Manufacturing Operations Consolidated cash $17.5 million Debt $76.8 million 8.125% Senior Notes1 $124.0 million outstanding on $149.2 million (A$217.0 million) Senior Credit Facility2,3 $171.0 million outstanding on $285.0 million Senior Credit Facility $8.0 million – other Common equity 30.0 million shares outstanding 100% of shares owned by General Finance North America leasing and manufacturing operations, 100% owned by General Finance Cumulative preferred stock $40.1 million 1Net of $0.6 million deferred financing costs for the Senior Notes. 2Asia-Pacific Leasing Operations amounts are translated into U.S. Dollars based on $0.6877 AUD/USD as of 6/30/20. 3Net of $0.3 million deferred financing costs for the Asia-Pacific Senior Credit Facility.

General Finance Organizational Structure (1) (2) Summary organization chart is illustrative and does not reflect the legal operating structure of General Finance. Reflects consolidated revenues for FY 2020. A-1 Pac-Van, Inc. Lone Star Tank Rental Inc. Southern Frac, LLC General Finance Corporation Leasing Operations 65.5% of Consolidated Revenue Manufacturing 2.1% of Consolidated Revenue Royal Wolf Asia-Pacific Operations 32.4% of Consolidated Revenue North America Operations 67.6% of Consolidated Revenue Leasing Operations 32.4% of Consolidated Revenue

Reconciliation of non-GAAP Measures A-2 Adjusted EBITDA is a non-U.S. GAAP measure. We calculate adjusted EBITDA to eliminate the impact of certain items we do not consider to be indicative of the performance of our ongoing operations. In addition, in evaluating adjusted EBITDA, you should be aware that in the future, we may incur expenses similar to the adjustments in the presentation of adjusted EBITDA. Our presentation of adjusted EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. We present adjusted EBITDA because we consider it to be an important supplemental measure of our performance and because we believe it is frequently used by securities analysts, investors and other interested parties in the evaluation of companies in our industry, many of which present EBITDA and a form of adjusted EBITDA when reporting their results. Adjusted EBITDA has limitations as an analytical tool, and should not be considered in isolation, or as a substitute for analysis of our results as reported under U.S. GAAP. We compensate for these limitations by relying primarily on our U.S. GAAP results and using adjusted EBITDA only supplementally. The following tables show our adjusted EBITDA and the reconciliation from net income (loss) on a consolidated basis and from operating income (loss) for our operating units and the reconciliation of free cash flow on a consolidated basis from our statement of cash flows.

Reconciliation of Consolidated Adjusted EBITDA A-3 * FY 2014 includes approximately $7.0 million of adjusted EBITDA from Lone Star Tank Rental Inc., which was acquired on April 7, 2014. (in thousands) Year Ended June 30, 2011 2012 2013 2014* 2015 2016 2017 2018 2019 2020 Net income (loss) ($8,858) $8,742 $11,413 $15,149 $13,045 ($3,286) ($847) ($9,107) ($7,466) $7,954 Add (Deduct) -- Provision (benefit) for income taxes 2,958 5,360 8,195 11,620 8,697 (2,191) (25) (679) 5,820 6,695 Foreign currency exchange and other (4,125) (443) (1,028) 1,372 273 309 351 5,887 3,513 (304) Interest expense 20,293 12,743 10,969 11,952 21,096 19,648 19,653 33,991 35,344 26,386 Interest income (487) (157) (58) (52) (68) (97) (66) (112) (191) (663) Depreciation and amortization 19,165 18,924 22,241 27,127 38,571 38,634 40,092 40,335 42,108 35,550 Impairment –goodwill/ trade name 5,858 --- --- --- --- 3,068 --- --- --- 14,160 Share-based compensation expense 693 901 1,316 1,938 2,174 2,388 1,374 3,658 2,680 2,656 Shares of RWH capital stock issued at IPO to Royal Wolf board of directors and executive management 369 --- --- --- --- --- --- --- --- --- Provision for shares of RWH capital stock purchased and awarded to Royal Wolf senior management team 802 --- --- --- --- --- --- --- --- --- Loyalty, past performance and successful IPO bonus to Royal Wolf executive and senior management team 1,311 --- --- --- --- --- --- --- --- --- Expenses of postponed public equity offering --- --- --- --- 365 --- --- --- --- --- Inventory write-downs and related --- --- --- --- --- 1,630 --- --- --- --- Non-recurring severance costs and CEO retirement compensation at Royal Wolf --- --- --- --- --- 727 --- --- --- --- Refinancing costs not capitalized --- --- --- --- --- --- 437 --- 506 --- Change in valuation of bifurcated derivatives in Convertible Note --- --- --- --- --- --- --- 13,719 24,570 5,386 Adjusted EBITDA $37,979 $46,070 $53,048 $69,106 $84,153 $60,830 $60,969 $87,692 $106,884 $97,820

Reconciliation of Operating Unit Adjusted EBITDA – Pac-Van A-4 (in thousands) Year Ended June 30, 2013 2014 2015 2016 2017 2018 2019 2020 Operating income $8,403 $13,323 $18,425 $17,984 $19,551 $28,689 $39,497 $45,430 Add -- Depreciation and amortization 6,154 7,928 11,306 13,154 13,663 14,233 15,524 16,361 Share-based compensation expense 259 312 303 374 333 309 331 405 Inventory write-downs --- --- --- 123 --- --- --- --- Refinancing costs not capitalized --- --- --- --- 437 --- 448 --- Adjusted EBITDA $14,816 $21,563 $30,034 $31,635 $33,984 $43,231 $55,800 $62,196

(in thousands) Year Ended Year Ended June 30, December 31, 2013 2014 2015 2016 2017 2018 2019 2020 Operating income (loss) $15,033 $16,372 $8,233 ($1,541) ($3,916) $8,798 $14,236 ($11,284) Add -- Depreciation and amortization 5,356 8,013 11,345 10,529 9,666 9,161 8,936 6,373 Share-based compensation --- 1 11 22 41 41 33 48 Impairment of goodwill --- --- --- --- --- --- --- 14,160 Adjusted EBITDA $20,389 $24,386 $19,589 $9,010 $5,791 $18,000 $23,205 $9,297 Reconciliation of Operating Unit Adjusted EBITDA – Lone Star Tank Rental A-5

Reconciliation of Operating Unit Adjusted EBITDA – Royal Wolf A-6 (in thousands) Year Ended June 30, Year Ended June 30, 2013 2014 2015 2016 2017 2018 2019 2020 2020 Operating income A$26,397 A$29,977 A$25,672 A$17,637 A$14,340 A$17,207 A$18,998 A$25,586 US$17,209 Add (Deduct) -- Depreciation and Amortization 14,997 17,190 18,604 19,685 22,145 22,052 25,145 19,528 13,136 Share-based compensation expense 567 932 1,037 1,315 (83) 1,914 1,014 1,148 769 Non-recurring severance costs and CEO retirement compensation --- --- --- 975 --- --- --- --- --- Refinancing costs not capitalized --- --- --- --- --- --- 82 --- --- Adjusted EBITDA A$41,961 A$48,099 $A45,313 A$39,612 A$36,402 A$41,173 A$45,239 A$46,262 US$31,114

Reconciliation of Consolidated Free Cash Flow FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Cash From Operations $18.5 $15.2 $34.9 $51.5 $38.2 $48.8 $35.3 $58.8 $52.1 $76.6 Add-back Changes in Fleet Inventory (1.6) 10.4 (4.8) (12.4) 3.2 (3.0) (4.0) (3.6) 5.3 (7.2) Adjusted Cash From Operations $16.9 $25.6 $30.1 $39.1 $41.4 $45.8 $31.3 $55.2 $57.4 $69.4 Cash From (Used In) Investing ($20.7) ($53.2) ($69.7) ($163.6) ($107.4) ($35.4) ($30.7) ($114.5) ($64.0) ($30.6) Add-back Business and Real Estate Transactions 0.9 4.6 14.6 90.7 44.4 10.4 5.0 88.3 18.6 2.2 Add-back Net Fleet Purchases 16.1 45.4 47.6 65.7 54.6 20.8 21.8 21.1 38.5 20.2 Adjusted Cash Used In Investing ($3.7) ($3.2) ($7.5) ($7.2) ($8.4) ($4.2) ($3.9) ($5.1) ($6.9) ($8.2) Free Cash Flow Prior to Net Fleet Activity and Acquisitions (1) $13.2 $22.4 $22.6 $31.9 $33.0 $41.6 $27.4 $50.1 $50.5 $61.2 ($ in millions) A-7 Prior to dividends paid on preferred stock.