KFL SHARE ISSUE (WARRANT CONVERSION KFLWI)

6 May 2026

KINGFISH SHARE ISSUE (WARRANT CONVERSION KFLWI)


On 1 May 2026, Kingfish warrant holders had the option to convert their warrants into ordinary
Kingfish shares at an exercise price of $1.24 per warrant.

On the exercise date 1,218,425 warrants out of a possible 86,961,524 warrants (1.40%) were
converted into Kingfish ordinary shares.

The new shares were allotted to warrant holders on 6 May 2026. All new shares have the same rights
as current Kingfish shares, including participating in the company’s quarterly dividend policy.

The remaining 85,743,099 warrants which were not exercised have now lapsed, and all rights in regard
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