KMD Brands Limited announces appointment of new Director

KMD BRANDS LIMITED W kmdbrands.com
KMD Brands Limited
ASX / NZX / Media announcement

10 November 2022

KMD Brands Limited announces appointment of new
Director

KMD Brands Limited (ASX/NZX: KMD, “KMD Brands”) today announces that is has completed the
process to appoint an additional non-executive director to the Board. KMD Brands is pleased to
confirm that Zion Armstrong has agreed to join the Company as a non-executive director effective 1
December 2022.

Zion Armstrong has had a very successful career in the global branded sportswear industry for over
30 years. Zion spent 24 years with adidas, stepping down as President - North America for adidas in
early 2022 to return to New Zealand.

Zion commenced his career with adidas in New Zealand as Product Manager for Footwear in 1998
before moving to the adidas headquarters in Germany in 2002. From 2005 to 2014, Zion held various
leadership roles in Asia-Pacific including President & Managing Director adidas Group South Korea.
Since 2015, he served as General Manager of adidas North America and in 2018 was promoted to
President - adidas North America.

David Kirk commented:

“We are thrilled that Zion has agreed to join the board of KMD Brands. He brings extensive background
and capability in global branded sports apparel and footwear. His experience and proven capability in
global brand management, product development and multi-channel distribution is a perfect fit for the
next stage of growth for KMD Brands. North America and Asia are important long term growth markets
for our brands and Zion’s experience in these markets will be invaluable as we move forward on our
strategic pillar of building global brands”.

As required by the Company’s constitution and the NZX Listing Rules, Zion will hold office until the
annual shareholders’ meeting of the Company following the effective date of his appointment, at which
time he will resign and stand for election.

In accordance with Listing Rule 2.6.1, the Board have determined that Zion Armstrong is an
independent director of the Company.

With the appointment of Zion Armstrong to the Board from 1 December, John Harvey will resign as a
director of the Company with effect from 1 December 2022.

- ENDS -

For further information, please contact:
Media
Helen McCombie
Citadel-MAGNUS
P: + 61 2 8234 0103