• KMD Brands to launch capital raise and refinance existing bank facilities
• Finalizing details of capital raise and refinance, unable to release HY26 results
• Voluntary suspension to maintain orderly market while details are finalized

KMD Brands Limited (KMD.NZX/KMD.ASX) has requested a voluntary suspension of trading on the NZX and ASX. The company intends to launch a capital raise and finalize terms for a refinancing of its existing bank facilities, in conjunction with the release of its financial results for the half year ended 31 January 2026 (HY26 Results). However, KMD is not currently in a position to make an announcement regarding the capital raise and refinance, as the final details, including pricing, are still being determined. Discussions regarding these matters remain ongoing. In order for the directors to approve the HY26 Results, and KMD's auditors to complete their review, the final details of the refinance and the capital raise will need to be confirmed. Accordingly, KMD is unable to finalize the HY26 Results. The voluntary suspension is required to maintain an orderly market while KMD works to finalize the details of the capital raise, the refinance and its HY26 Results. KMD expects the voluntary suspension to end once it is in a position to make an announcement regarding the proposed capital raise, the refinancing and releasing its HY26 Results, which is expected to be on Tuesday, 31 March 2026.