KFL SHARE ISSUE (WARRANT CONVERSION KFLWG)

23 November 2022


KINGFISH SHARE ISSUE (WARRANT CONVERSION KFLWG)


On 18 November 2022, Kingfish warrant holders had the option to convert their warrants into
ordinary Kingfish shares at an exercise price of $1.90 per warrant.

On the exercise date 133,568 warrants out of a possible 79,075,168 warrants (0.17%) were converted
into Kingfish ordinary shares.

The new shares were allotted to warrant holders on 23 November 2022. All new shares have the same
rights as current Kingfish shares, including participating in the company’s quarterly dividend policy.

The remaining 78,941,600 warrants which were not exercised have now lapsed, and all rights in
regards to them have now expired.

The additional funds will be invested in Kingfish’s current investment portfolio of stocks.


Ends

Wayne Burns
Corporate Manager
Kingfish Limited

Tel +64 9 489 7094


Kingfish Limited
Phone +64 9 489 7094
Private Bag 93502
Takapuna, Auckland 0740