Capital change notice (DRP)

Kiwi Property Group Limited
Capital Change Notice
Name of issuerKiwi Property Group Limited
NZX ticker codeKPG
Class of financial productOrdinary shares
ISIN (If unknown, check on NZX website)
NZKPGE001S9
CurrencyNew Zealand Dollars
Number issued/acquired/redeemed11,441,832 issued
Nominal value (if any)Not applicable
Issue/acquisition/redemption price per security$1.0123
Nature of the payment (for example, cash or other consideration)Cash
Amount paid up (if not in full)Fully Paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of Financial
Products of the Class, excluding any Treasury Stock, in existence)
0.699%
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/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be
identified here)
The shares were issued pursuant to the Dividend
Reinvestment Plan in respect of the first quarter dividend for
the quarter ended 30 June 2025 of 1.40 cents per share,
payable 19 September 2025
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class
held as Treasury Stock after the issue/acquisition/redemption.
1,648,786,706
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, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Dividend Reinvestment Plan terms and Board resolutions
dated 20 August 2025
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The terms or details of the issue are contained in the
Dividend Reinvestment Plan terms dated 22 December 2014
(as amended on 8 September 2017, 14 November 2019, and
19 May 2023)
Date of issue/acquisition/redemption19 September 2025
Name of person authorised to make this announcement
Steve Penney
Contact person for this announcementSteve Penney
Contact phone number+64 9 359 4025
Contact email addresssteve.penney@kp.co.nz
Date of release through MAP19 September 2025
Section 1: Issuer information
Section 2: Capital change details
Section 3: Authority for this announcement and contact person