Appointment of new Director

KATHMANDU HOLDINGS LIMITED ASX / NZX / MEDIA ANNOUNCEMENT 15 October 2021 KATHMANDU HOLDINGS LIMITED ANNOUNCES APPOINTMENT OF NEW DIRECTOR Kathmandu Holdings Limited (ASX / NZX code KMD) (the "Company"), is pleased to announce the appointment of Abigail Foote (Abby) as a Director of the Company effective 15 October 2021. Abby is a professional director with over 12 years' governance experience, including publicly listed and Crown companies. With qualifications in both law and accounting, Abby's career has covered both disciplines, focusing on corporate finance, treasury and commercial transactions. Abby currently serves on the boards of Z Energy Limited, Sanford Limited and Freightways Limited. Abby's previous governance roles include TVNZ, Museum of New Zealand Te Papa Tongarewa, Transpower New Zealand, Livestock Improvement Corporation (LIC) and the New Zealand Local Government Funding Agency (LGFA). The Company has recently announced, as part of its strategy, a focus on ESG leadership and is pleased to increase its knowledge and capability in ESG governance with Abby's experience. As required by the Company's constitution and the NZX Listing Rules, Abby will hold office until the Company's next annual shareholder's meeting, at which time she will resign and stand for election. In accordance with Listing Rule 2.6.1, the Board have determined that Abby is an independent director of the Company. - ENDS - For further information, please contact: Media Helen McCombie, Citadel-MAGNUS P: + 61 2 8234 0103 End CA:00381036 For:KMD Type:ADMIN Time:2021-10-15 10:08:22