Capital Change Notice

KMD BRANDS LIMITED W kmdbrands.com


KMD BRANDS LIMITED
ASX / NZX

12 August 2022

KMD Brands Limited – Capital Change Notice

Notice of issue of Ordinary Shares under KMD Brands’ performance rights plan

This notice is given under NZX Listing Rule 3.13.1 and 3.15.2 and relates to the conversion of performance
rights under the FY2021 tranche of KMD Brands Limited’s performance rights plan pursuant to which
participants were issued performance rights which entitle them to receive fully paid ordinary shares in KMD
should certain vesting criteria be met.

After the vesting of the performance rights detailed in this notice, there will be no further remaining
performance rights of that same class.

Section 1: Issuer information
Name of issuer
KMD Brands Limited (formerly
Kathmandu Holdings Limited)
NZX ticker code KMD
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZKMDE0001S3
Currency NZD
Section 2: Capital change details
Number issued 2,346,338
Nominal value (if any) Not applicable
Issue price per security
Nil consideration for issue of
Ordinary Shares.
Nature of the payment (for example, cash or other consideration)
Ordinary shares issued on one-for-
one conversion of Performance
Rights granted under the KMD
Brands Limited Long Term Incentive
Plan for Employees 15 December
2020
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued (calculated
on the number of Financial Products of the Class, excluding any
Treasury Stock, in existence)
1

0.33% (being 2,346,338 out of
709,001,384 Ordinary Shares on
issue immediately before the issue

1
The percentage is calculated immediately before the issue.

For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion price
and Conversion date and the ranking of the Financial Product in
relation to other Classes of Financial Product) or the Option (for
example, the exercise price and exercise date)
Not applicable
Reason for issue and specific authority for issue
Issue of Ordinary Shares under the
KMD Brands Long Term Incentive
Plan
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue
711,347,722
In the case of an acquisition of shares, whether those shares are
to be held as treasury stock
Not applicable
Specific authority for the issue, including a reference to the rule
pursuant to which the issue is made
Board resolution dated 10 August
2022 pursuant to NZX Listing Rule
4.6.1
Terms or details of the issue
Issue of ordinary shares which rank
equally with all other fully paid
ordinary shares in KMD Brands
Limited
Date of issue 10 August 2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Frances Blundell
Contact person for this announcement Frances Blundell
Contact phone number +64 3 421 5397
Contact email address companysecretary@kmdbrands.com
Date of release through MAP

12 August 2022