Senior Manager Changes – Completion of Rip Curl Acquisition

Kathmandu Holdings Ltd
223 Tuam Street, Christchurch 8011 249 Park Street, South Melbourne, Victoria 3205
PO Box 1234, Christchurch 8140, New Zealand PO Box 984, South Melbourne, Victoria 3205, Australia
Phone: +64 3 373 6110 Fax: +64 3 373 6116 Phone: +61 3 9267 9999 Fax: +61 3 9267 9933
kathmanduholdings.com

KATHMANDU HOLDINGS LIMITED

ASX / NZX / MEDIA ANNOUNCEMENT

1 November 2019

KATHMANDU HOLDINGS LIMITED – SENIOR MANAGER CHANGES FOLLOWING COMPLETION OF
RIP CURL ACQUISITION

Kathmandu Holdings Limited (ASX / NZX code KMD) (“the Company”) is pleased to announce completion of
the Rip Curl acquisition on 31 October 2019.

Following completion, the Company announces the following changes to the scope of the Senior Manager
roles within the Kathmandu and Rip Curl combined group (“Group”) effective 1 November 2019:

1. Xavier Simonet will continue as the Group Chief Executive Officer of Kathmandu Holdings Limited,
now including the Rip Curl business;

2. Chris Kinraid will continue as the Group Chief Financial Officer, now including oversight of the Rip Curl
business;

3. Reuben Casey, currently Chief Operating Officer, is appointed as the Chief Executive Officer of the
Kathmandu business; and

4. Michael Daly will continue as Chief Executive Officer of the Rip Curl business.

Xavier Simonet commented: “Reuben has been a key contributor to the success of Kathmandu over the last
few years. I congratulate him on his promotion and I wish him all the very best success as Chief Executive
Officer of Kathmandu”.

Reuben Casey, Chris Kinraid and Michael Daly will report to Xavier Simonet as the Group Chief Executive
Officer. The Company has determined that Xavier Simonet and Chris Kinraid are the “senior managers” of the
Company as defined in the Financial Markets Conduct Act 2014.


ENDS



For further information, please contact:
Media
Helen McCombie
Citadel-MAGNUS
Tel: + 61 2 8234 0103
Investors
Eric Kuret
Market Eye
+61 417 311 335