KMD Brands completes share consolidation

Thursday 2nd July 2026

Further to the announcement on 24 June 2026, KMD Brands Limited (KMD) (NZX / ASX: KMD) advises that the consolidation of every 25 KMD shares held at 7:00 pm NZST (5:00pm AEST) on 1 July 2026 into 1 share has now been completed.

The total issued capital of shares after the consolidation is 71,976,827 shares as set out in the attached capital change notice, slightly higher than the 71,976,601 shares estimated prior to the start of the consolidation process. This was due to the rounding of fractional entitlements to shares.

KMD’s share registry, MUFG Pension & Market Services, will be sending out notices to shareholders on 2 July 2026 regarding their new shareholdings.

KMD’s post-consolidation shares will commence trading on NZX on a normal settlement basis today.

On ASX, the post-consolidation shares will continue trading on a deferred settlement basis under the code “KMDDA” today. Trading on ASX in the post-consolidation shares on a normal settlement basis is expected to commence under the code KMD on Friday, 3 July 2026.

As advised by NZX Product Operations on Wednesday, 24 June 2026, KMD notes that since the ex-date for the share consolidation, Tuesday, 30 June 2026, its ISIN on the NZX has differed from its ISIN on the ASX. The ISINs are expected to be aligned from the week commencing Monday, 13 July 2026, when the new ISIN NZKMDE0007S0 will be used for KMD shares on both NZX and ASX from that time.

This announcement has been authorised for release by the KMD Board of Directors.

ENDS

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