• KPMG appointed as Voluntary Administrators
• Unsuccessful attempt to sell Nichols Poultry business
• Administrators to continue trading while exploring options for going concern sale or recapitalisation
• Seeking assistance from State and Federal Governments

TasFoods Ltd (ASX:TFL) has appointed KPMG Australia partners Tim Mableson, David Hardy and Emily Seeckts as joint and several Voluntary Administrators (Administrators) following the unsuccessful attempt to sell the Nichols Poultry business. The Board of TasFoods has determined that voluntary administration is now the most appropriate way to restructure the Group. Control of the Group now rests with the Administrators, who intend to continue to trade on a business-as-usual basis while options for a going concern sale or recapitalisation are explored. The Board has taken every step it could to find a buyer for the Nichols Poultry business and is urging assistance from the State and Federal Governments to support the ongoing operation of Tasfoods and its hundreds of staff, suppliers and customers through the administration process. A first statutory meeting of creditors will be held on 23 March 2026, and interested parties are asked to urgently contact the Administrators at tasfoods@kpmg.com.au.