Kathmandu Holdings Ltd (“KMD”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 1 October 2019 Subject: Kathmandu Holdings Limited ("KMD") - Trading Halt of Securities Message: Further to the announcement released by Kathmandu Holdings Limited ("KMD"), NZX Regulation ("NZXR") advises that at the request of the issuer it has placed a trading halt on KMD ordinary shares. The trading halt was put in place pre-market open this morning. KMD ordinary shares will remain in halt until the earlier of: o An announcement by the issuer stating the outcome of the institutional shortfall bookbuild; or o Market open on the NZX on Friday 4 October 2019. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00341916 For:KMD Type:HALT Time:2019-10-01 08:33:14