Quotation Notice - Kiwibank Limited Notes (“KWB2T2”)

QUOTATION NOTICE: NZX DEBT MARKET KIWIBANK LIMITED (“KWB2T2”) NOTES Company: Kiwibank Limited (“KWB”) Security Code: KWB2T2 ISIN: NZKWBD02T2L9 Details of Issue: NZ$400 million of unsecured, subordinated notes Offer Opening Date: Monday, 1 December 2025 Offer Closing Date: Friday, 5 December 2025 Maturity Date: Wednesday, 12 March 2036 Interest Rate: 4.93% per annum until 12 March 2031. After this date the interest rate will be a floating rate. Interest Payment Dates: 12 March, 12 June, 12 September and 12 December in each year up to and including the Maturity Date Date of First Interest Payment: Thursday, 12 March 2026 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a Business Day, the immediately preceding Business Day Minimum Application Amount: NZ$5,000 and in multiples of NZ$1,000 thereafter Minimum Holding: NZ$5,000 Minimum Transferable Amount: NZ$1,000 Face Value: NZ$1.00 per Note Supervisor: Not applicable Joint Lead Managers: Forsyth Barr Limited as Arranger, Bank of New Zealand and Craigs Investment Partners Limited Trust Deed Dated: 28 November 2025 Registrar: MUFG Pension & Market Services (NZ) Limited Settlement Status: NZCDC Settlement System Issue Date: Friday, 12 December 2025 Expected Commencement of Trading on the NZX Debt Market: Monday, 15 December 2025 Mark Peterson Chief Executive Officer NZX Limited 5 December 2025