Litigation Update

Michael Hill International Limited ABN 25 610 937 598
34 Southgate Avenue, Cannon Hill, QLD 4170


ASX AND NZX ANNOUNCEMENT

LITIGATION U P DAT E
27 August 2024
Michael Hill International Limited (ASX/NZX: MHJ“ Michael Hill” or the “Company”) refers to its
announcement dated 25 March 2024 in respect of MHJ’s appeal of the NSW Supreme Court’s
judgement in Gispac Pty Ltd v Michael Hill Jeweller (Australia) Pty Ltd. The judgement related to a
dispute between the parties in relation to the supply of packaging in the years 2014 to 2018.

The Company advises that the NSW Court of Appeal handed down its judgement today and has
reduced Michael Hill’s liability for damages from $2,259,971.40 (plus interest) to $359,858 (plus
interest) (Decision). Gispac was ordered to pay Michael Hill’s costs of the Appeal however the initial
trial costs are subject to further determination by the Court.

The Decision is subject to appeal within 28 days.

This announcement is authorised for release by the Board.

– ENDS –

For more information, please contact:
Investors:
Andrew Lowe
CFO & Company Secretary
+61 478 301 320
andrew.lowe@michaelhill.com.au



ABOUT MICHAEL HILL INTERNATIONAL LIMITED
Michael Hill was founded by Sir Michael Hill in 1979 when he opened his first jewellery store in
Whangarei, New Zealand. The Group currently over 300 stores globally across Australia, New Zealand
and Canada. The Group’s global headquarters, including its wholesale and manufacturing divisions,
are located in Brisbane, Australia. The Company is listed on the ASX (ASX:MHJ) and the NZX (NZX:MHJ).

For more information:
investor.michaelhill.com