Kingfish Limited — Net Asset Value 2022

Dec 2, 2022

==> picture [171 x 86] intentionally omitted <==

Kingfish Limited Phone +64 9 489 7094 Private Bag 93502 Takapuna, Auckland

KFL NAV as at 1/12/22 - $1.4127 (after deducting 2.86cps dividend payable)

Date	1/12/2022	30/11/2022
KFL NAV	$1.4127	$1.4310
Share price close	$1.39	$1.40
Discount	2%	2%

The above net asset value (NAV) is unaudited and net of fees and tax.

The NAV per share is after deducting an accrual for a 2.86 cents per share dividend to be paid on 16 December 2022. The NAV per share is also calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme) - currently nil.

The five largest portfolio holdings at 1 December 2022 are approximately as follows:

Mainfreight	16%
Infratil	16%
Fisher & Paykel Healthcare	16%
Auckland International Airport	10%
Summerset	10%

BACKGROUND

Kingfish is a listed investment company that invests in growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Kingfish is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. Kingfish listed on NZX Main Board on 31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies.

Contact Corporate Manager Kingfish Limited Tel +64 9 4840352