Kathmandu Holdings Limited – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 31 March 2020 Subject: Kathmandu Holdings Limited ("KMD") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that, at the request of the issuer, it has placed a trading halt on Kathmandu Holdings Limited ("KMD") ordinary shares. The trading halt was put in place at 10.02am today. The trading halt has been put in place pending a material announcement by KMD. The halt will remain in place until the earlier of: o a material announcement by KMD; or o market open on Thursday, 2 April 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00350978 For:KMD Type:HALT Time:2020-03-31 10:59:56