Heritage Global Announces Strategic Wind Down of Heritage Global Capital; Reschedules Second Quarter 2026 Earnings Conference Call to Thursday, August 13, 2026

About this update from Heritage Global Inc.

Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that it has made the strategic decision to substantially wind down Heritage Global Capital ("HGC"), the Company's specialty lending business. In connection with this wind down, Heritage Global expects to recognize a material non-cash charge in the second quarter of 2026 related to the write-down of non-performing loans within HGC. To provide additional time to determine the amount of the non-cash charge, the Company's second quarter 2026 financial results conference call has been rescheduled from Thursday, August 6, 2026 to Thursday, August 13, 2026 at 5:00 p.m. ET. Webcast and Earnings Conference Call Details Management will host a webcast and conference call on Thursday, August 13, 2026, at 5:00 p.m. ET to discuss financial results for the second quarter of 2026. Analysts and investors may participate via conference call, using the following dial-in information: 1-800-274-8461 (Domestic) 1-203-518-9814 (International) Conference ID: HGBLQ2 To access the webcast, individuals can use this link. The conference call will also be available in the Investor Relations section of the Company’s website. To listen to a live broadcast, go to the site or click on the webcast link at least 10 minutes prior to the scheduled start time in order to register. Individuals can click here to add the call details to their calendar. Replay A replay of the call will be available approximately three hours after the call ends through August 27, 2026. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international). The replay pin number is 11162103. A webcast replay can also be accessed on the Investor Relations section of the Company’s website. About Heritage Global Inc. (“HG”)Heritage Global Inc. (NASDAQ: HGBL) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilit...

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