KMD Brands Retail Entitlement Offer opens

KMD BRANDS LIMITED W kmdbrands.com


Not for release or distribution in the United States

Tuesday, 7 April 2026
(All amounts in NZ$ unless otherwise stated)

Retail Entitlement Offer opens

KMD Brands Limited (NZX/ASX: KMD, “KMD” or the “Group”) advises that the retail component
(“Retail Entitlement Offer”) of its approximately $58.5 million fully underwritten 1 for 0.73 pro-rata
accelerated renounceable entitlement offer (“Entitlement Offer”) of new fully paid ordinary shares
(“New Shares”) opens today.
The Retail Entitlement Offer is available to eligible retail shareholders with an address recorded on
KMD’s share register in New Zealand or Australia at 7:00pm NZDT (5:00pm AEDT) on Wednesday, 1
April 2026 (“Eligible Retail Shareholders”). Eligible Retail Shareholders are invited to subscribe for
1 New Share for every existing 0.73 KMD share held at 7:00pm NZDT (5:00pm AEDT) on
Wednesday, 1 April 2026 for NZ$0.06 or A$0.05 per New Share (“Offer Price”).
Eligible Retail Shareholders who wish to participate can apply and pay via kmd.rightsoffer.co.nz by
5:00pm NZST (3:00pm AEST) on Thursday, 16 April 2026. Eligible Retail Shareholders who take up
their entitlement in full may apply for additional New Shares at the clearing price for the bookbuild
under the Retail Entitlement Offer (“Retail Entitlement Bookbuild”).
Entitlements not taken up by Eligible Retail Shareholders, along with entitlements of ineligible retail
shareholders, will be offered for sale in the Retail Shortfall Bookbuild to be conducted on or about
Tuesday, 21 April 2026
1
, with any premium above the Offer Price (net of any applicable withholding
tax) paid to the relevant shareholders. Entitlements will not be quoted on NZX or ASX and are not
otherwise transferable.

Further information
An offer document and other important information about the Retail Entitlement Offer is available on
the website established for the Retail Entitlement Offer at kmd.rightsoffer.co.nz. Eligible Retail
Shareholders are encouraged to visit the website and read all of the materials available or referred to
in it (including the offer document, investor presentation and market announcement published by
KMD on Tuesday, 31 March 2026 (together, the “Offer Materials”)) before making a decision
whether to apply online by 5:00pm NZST (3:00pm AEST) on Thursday, 16 April 2026.
Shareholders who have any questions about the Retail Entitlement Offer are encouraged to read the
Offer Materials in full and seek financial, investment or other professional advice from a qualified
professional adviser.

This announcement has been authorised for release to NZX / ASX by Frances Blundell, Chief Legal &
ESG Officer and Company Secretary.
- ENDS -
For further information, whether an investor or media enquiry, please contact:
Frances Blundell, Chief Legal & ESG Officer and Company Secretary
companysecretary@kmdbrands.com


1
Date presented is indicative only and subject to change without notice (subject to applicable laws and the NZX Listing Rules and ASX
Listing Rules). All dates and times refer to New Zealand Time (unless stated otherwise). KMD reserves the right to withdraw the Retail
Entitlement Offer at any time prior to the issue of New Shares at its absolute discretion.

KMD BRANDS LIMITED W kmdbrands.com


Appendix: Key Retail Entitlement Offer dates
1























Not an offer of securities in the United States
This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any
securities in the United States or any other jurisdiction in which such an offer would be unlawful. The
entitlements and New Shares described in this announcement have not been, and will not be,
registered under the U.S. Securities Act of 1933 (“U.S. Securities Act”), or the securities laws of any
state or other jurisdiction of the United States. Accordingly, the entitlements may not be taken up or
exercised by, and the New Shares may not be offered or sold, directly or indirectly, in the United
States or to any person acting for the account or benefit of any person in the United States, except in
transactions exempt from, or not subject to, the registration requirements under the U.S. Securities
Act and any other applicable securities laws of any state or other jurisdiction of the United States.
Retail Entitlement Offer
Record date
7:00pm NZDT (5:00pm AEDT) Wednesday, 1
April 2026
Retail Entitlement Offer opens Tuesday, 7 April 2026
Retail Entitlement Offer closes
5:00pm NZST (3:00pm AEST) Thursday, 16
April 2026
Retail Shortfall Bookbuild (for Retail
Entitlements not taken up and Retail
Entitlements of ineligible retail shareholders)
Tuesday, 21 April 2026
ASX Settlement of New Shares under the
Retail Entitlement Offer
Monday, 27 April 2026
NZX Settlement and Allotment of New Shares
under the Retail Entitlement Offer
Tuesday, 28 April 2026
Commencement of trading of New Shares
issued under the Retail Entitlement Offer on
NZX
Tuesday, 28 April 2026
Commencement of trading of New Shares
issued under the Retail Entitlement Offer on
ASX
Wednesday, 29 April 2026
Despatch of holding statements in respect of
New Shares issued under the Retail
Entitlement Offer
By Wednesday, 29 April 2026