SPH Notice – Harbour Asset Management Limited

041898866/4160982.2
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To KMD Brands Limited (KMD)
Relevant event being disclosed: Disclosure of movement of 1% or more in substantial
holding
Date of relevant event: 24 July 2023
Date this disclosure made: 25 July 2023
Date last disclosure made: 17 November 2022


Substantial product holder(s) giving disclosure
Full name(s):
Harbour Asset Management Limited & Jarden Securities
Limited & Jarden Scientific Trading Limited


Summary of substantial holding
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited only)
For this
disclosure -
(a) total number held in class: 46,572,319
(b) total in class: 711,347,722
(c) total percentage held in class: 6.547%
For last
disclosure -
(a) total number held in class: 50,608,019
(b) total in class: 711,347,722
(c) total percentage held in class: 7.114%

041898866/4160982.2
Summary of substantial holding
Related Body Corporate - Jarden Securities Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Securities Limited
(includes Jarden Securities Limited (DIMS)
holdings)
For this
disclosure -
(a) total number held in class: 10,414,417
(b) total in class: 711,347,722
(c) total percentage held in class: 1.464%
For last
disclosure -
(a) total number held in class: 14,123,249
(b) total in class: 711,347,722
(c) total percentage held in class: 1.985%



Summary of substantial holding
Related Body Corporate - Jarden Scientific Trading Limited:
Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Jarden Scientific Trading Limited
For this
disclosure -
(a) total number held in class: Nil
(b) total in class: 711,347,722
(c) total percentage held in class: Nil
For last
disclosure -
(a) total number held in class: 5,000
(b) total in class: 711,347,722
(c) total percentage held in class: 0.001%

041898866/4160982.2
Summary of substantial holding
Including All Related Bodies Corporate:

Class of quoted voting products:
Ordinary shares (Shares)
Summary for: Harbour Asset Management Limited; and
Jarden Securities Limited
Jarden Scientific Trading Limited
For this
disclosure-
(a) total number held in class: 56,986,736
(b) total in class: 711,347,722
(c) total percentage held in class: 8.011%
For last
disclosure-
(a) total number held in class: 64,736,268
(b) total in class: 711,347,722
(c) total percentage held in class: 9.101%

041898866/4160982.2
Details of transactions and events giving rise to relevant event:
The transactions/events giving rise to this disclosure obligation are on-market buy and sell trades, transfers in DIMS Service, net decrease in
exposure to KMD underlying equity and net in-specie transfers in re basket creations/redemptions of the related bodies corporate since the previous
relevant event on 16 November 2022, as summarised in the table below:
Details for: Harbour Asset Management
Limited
Jarden Securities
Limited
Jarden Securities Limited
(DIMS)
Jarden Scientific
Trading Limited
Nature of relevant
interest(s):
As fund manager, the power to
exercise (or control the exercise
of) a right to vote attached to,
and power to acquire or dispose
of (or control the acquisition or
disposal of), the Shares, under
investment powers contained in
investment management
agreements with clients (the
beneficial owners of the
product) or managed fund trust
deeds.
As beneficial owner,
through normal on-
market trading activity,
with the power to
exercise (or control the
exercise of) a right to
vote attached to, and
power to acquire or
dispose of (or control the
acquisition or disposal
of), the Shares.
Jarden Securities Limited has, as
provider of discretionary
investment management services
(DIMS) under various investment
management agreements with
clients (the beneficial owners of
the product), the power to
exercise (or control the exercise
of) a right to vote attached to,
and power to acquire or dispose
of (or control the acquisition or
disposal of), the Shares.
Jarden Scientific Trading
Limited is both
registered holder and
beneficial owner of
derivatives and is
treated as having a
relevant interest in the
underlying quoted
product under an equity
swap agreement that
Jarden Scientific Trading
Limited has in place with
a Prime Broker.
On-market purchases –
number of shares
1,772,264 6,365,033 526,849
N/A
On-market purchases –
Gross Consideration
$1,864,942 $6,728,621 $552,937
N/A
On-market sales – number
of shares
5,807,964 6,528,300 4,329,926
N/A
On-market sales – Gross
Consideration
$5,896,801 $6,995,719 $4,664,700
N/A
Transfers into DIMS Service N/A
N/A 21,451
N/A
Net decrease in exposure to
KMD underlying equity
N/A
N/A N/A
5,000
Net in-specie transfers in, re
basket
creations/redemptions
N/A 236,061
N/A N/A

Details after relevant event:

041898866/4160982.2
Details for:
Harbour Asset Management
Limited
Jarden Securities Limited
Jarden Securities Limited (DIMS)
Jarden Scientific Trading
Limited
Nature of
relevant
interest(s):
As fund manager, the power to
exercise (or control the exercise
of) a right to vote attached to,
and power to acquire or dispose
of (or control the acquisition or
disposal of), the Shares, under
investment powers contained in
investment management
agreements with clients (the
beneficial owners of the product)
or managed fund trust deeds.
As beneficial owner,
through normal on-market
trading activity, with the
power to exercise (or
control the exercise of) a
right to vote attached to,
and power to acquire or
dispose of (or control the
acquisition or disposal of),
the Shares.
Jarden Securities Limited has, as
provider of discretionary investment
management services (DIMS) under
various investment management
agreements with clients (the
beneficial owners of the product),
the power to exercise (or control the
exercise of) a right to vote attached
to, and power to acquire or dispose
of (or control the acquisition or
disposal of), the Shares.
Jarden Scientific Trading
Limited is both registered
holder and beneficial owner
of derivatives and is treated
as having a relevant interest
in the underlying quoted
product under an equity
swap agreement that Jarden
Scientific Trading Limited has
in place with a Prime Broker.
For that relevant interest,
Number held in
class after the
relevant event:
46,572,319 125,091 10,289,326 Nil
Percentage held
in class:
6.547% 1.446% 0.018% Nil
Current
registered holder
of financial
products:
Various nominees or
custodians for and on behalf of
Harbour Asset Management
Limited and unknown
Jarden Securities Limited
and unknown
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited)
Unknown
Registered
holder of
financial
products once
transfer is
registered:
Various nominees or
custodians for and on behalf of
Harbour Asset Management
Limited
Jarden Securities Limited
and unknown
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited)
Unknown

041898866/4160982.2

Additional information:
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details: Shane Willett
+ 64 4 496 5334
shane.willett@jarden.co.nz
Nature of connection
between substantial product
holders:
Harbour Asset Management Limited, Jarden Securities
Limited and Jarden Scientific Trading Limited are related
bodies corporate.

Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: none.

Certification:
I, Shane Willett, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.