KMD BRANDS LIMITED — Director's Dealing 2025

Oct 2, 2025

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

Class of affected quoted financial products:	Class of affected quoted financial products:	Ordinary shares in KMD Brands Limited(NZX/ASX securitycode KMD)	Ordinary shares in KMD Brands Limited(NZX/ASX securitycode KMD)
Nature of the affected relevant interest(s):		20% or more interest in Sea Dog Investment Pty Ltd, resulting in Mr Scrimshaw being deemed to have the same relevant interest in the shares as Sea Dog Investment Pty Ltd.	20% or more interest in BAAS 13 Pty Ltd, resulting in Mr Scrimshaw being deemed to have the same relevant interest in the shares as BAAS 13 Pty Ltd.
For that relevant interest-
Number held in class before acquisition or disposal:		54,545	784,374
Number held in class after acquisition or disposal:		0	838,919
Current registered holder(s):		Sea Dog Investment Pty Ltd as Trustee for B & A Scrimshaw Superannuation Fund	BAAS 13 Pty Ltd as Trustee for Scrimshaw FamilyTrust
Registered holder(s) once transfers are registered:		BAAS 13 Pty Ltd as Trustee for Scrimshaw FamilyTrust	BAAS 13 Pty Ltd as Trustee for Scrimshaw FamilyTrust
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) Type of affected derivative: Class of underlyingfinancialproducts: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financialproducts(if any): A statement as to whether the derivative is cash settled orphysicallysettled: Maturitydate of the derivative(if any): Expirydate of the derivative(if any): Theprice specified in the terms of the derivative(if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevantinterestinthe derivative:
The notional value of the derivative (if any) or the notional amount of underlying financialproducts(if any):
A statement as to whether the derivative is cash settled orphysicallysettled:
Maturitydate of the derivative(if any):
Expirydate of the derivative(if any):
Theprice specified in the terms of the derivative(if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevantinterestinthe derivative:
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevantinterestinthe derivative:

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:

1

Details of transactions requiring disclosure-

Details of transactions requiring disclosure-
Date of transaction:		29/09/2026
Nature of transaction:		Off-market transfer of ordinary shares in KMD Brands Limited from Sea Dog Investment Pty Ltd as Trustee for B&A Scrimshaw Superannuation Fund to BAAS 13 Pty Ltd as Trustee for Scrimshaw Family Trust.
Name of anyotherpartyorparties to the transaction(if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value,describe the consideration:		Total of $14,544.67 being 54,545 shares at an average price of $0.27 per security
Number of financialproducts to which the transaction related:		54,545
If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of duringa closedperiod:		No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:		N/A
Date of the prior written clearance(if any):		N/A
Summary of other relevant interests after acquisition or disposal:
Class ofquoted financialproducts:
Nature of relevant interest:

The notional value of the derivative (if any) or the notional amount of underlying financialproducts(if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturitydate of the derivative(if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:
Certification I, certify that, to the best of my knowledge and belief, the information contained in this disclosureis correct and thatIamduly authorised tomake this disclosure by all Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:
Signature of person authorised to sign on behalf of director or officer:
Date of signature:		2/10/2025
Name and title of authorised person:		Frances Blundell Company Secretary