Kingfish Limited — Net Asset Value 2024

Dec 19, 2024

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

KFL NAV as at 18/12/24 - $1.4501

Date	18/12/2024	11/12/2024
KFL NAV	$1.4501	$1.4408
Share price close	$1.30	$1.30
Discount	10%	10%

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

The NAV per share is calculated after deducting treasury stock of 1,421,485 shares (acquired under the Kingfish buyback programme). A performance fee payable to the Manager is currently being accrued in the NAV calculation.

The five largest portfolio holdings at 18 December 2024 are approximately as follows:

Fisher & Paykel Healthcare	19%
Infratil	15%
Mainfreight	10%
Summerset	9%
Auckland International Airport	8%

BACKGROUND

Kingfish is a listed investment company that invests in quality growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds Management Ltd, 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