KMD Brands announces share consolidation

KMD BRANDS LIMITED ASX / NZX 24 June 2026 KMD Brands announces share consolidation KMD Brands Limited (NZX / ASX: KMD, “KMD”) advises that the Board has resolved to undertake a 1 for 25 share consolidation to rationalise the number of ordinary shares currently on issue. Every 25 shares held in KMD at 7:00 pm NZST (5:00pm AEST) on Wednesday 1 July 2026 will be consolidated into 1 share, with all fractional entitlements rounded to the nearest whole number of shares (and a fractional entitlement to half a share being rounded up). As a result of the consolidation, the number of shares on issue in KMD will be reduced from 1,799,415,022 to approximately 71,976,601 shares. The intended timetable for the share consolidation is as follows: Monday 29 June 2026 Last day for trading in pre-consolidation shares on the NZX Main Board and ASX. Tuesday 30 June 2026 Ex-date for the consolidation. Commencement of trading on NZX under temporary ticker “KMDZ” and on ASX (on a deferred settlement basis) under temporary ticker “KMDDA” on a post-consolidation basis. Wednesday 1 July 2026 7:00 pm NZST (5:00pm AEST), record date for the consolidation. Trading continues on NZX under “KMDZ” and on ASX under “KMDDA” on a post-consolidation basis. Thursday 2 July Commencement of trading in post-consolidation shares on a normal settlement basis on NZX. Last day of trading on a deferred settlement basis on ASX. Despatch of holding statements. Friday 3 July Trading in post-consolidation shares on a normal settlement basis on ASX. Shareholders will receive a statement from KMD’s share registrar, MUFG Pension & Market Services, after the effective date of the consolidation notifying them of their new shareholding. Pre-consolidation holdings in the same name will be aggregated for calculation of entitlements and KMD reserves the right to aggregate holdings held by associated shareholders where it considers that holdings have been split in order to take advantage of rounding. This announcement has been authorised for release by the KMD Board of Directors. ENDS For media and investor enquiries, please contact enquiries@kmdbrands.com or Frances Blundell, Chief Legal & ESG Officer and Company Secretary companysecretary@kmdbrands.com