• Raised $44.2 million through Placement and Institutional Entitlement Offer
• Retail Entitlement Offer to open on 7 April 2026 and close on 16 April 2026
• New shares to commence trading on 13 April 2026 (Placement and Institutional Entitlement Offer) and 28/29 April 2026 (Retail Entitlement Offer)

KMD Brands Limited (NZX/ASX: KMD) has successfully completed a $6.8 million underwritten Placement and the institutional component of its approximately $58.5 million fully underwritten 1 for 0.73 pro-rata accelerated renounceable Entitlement Offer. The Placement and Institutional Entitlement Offer raised combined gross proceeds of approximately $44.2 million through the issue of new fully paid ordinary shares. The Placement was well supported by existing and new institutional investors, raising $6.8 million at the offer price of NZ$0.06 per new share. Approximately 79% of the entitlements available under the Institutional Entitlement Offer were taken up by eligible institutional shareholders. The retail component of the Entitlement Offer will open on 7 April 2026 and close on 16 April 2026, and is expected to raise gross proceeds of $21.1 million. The new shares offered under the Placement and Institutional Entitlement Offer are expected to be allotted and commence trading on 13 April 2026, while the new shares under the Retail Entitlement Offer are expected to commence trading on 28/29 April 2026.