KFL SHARE ISSUE (WARRANT CONVERSION KFLWI)

06/05/2026 09:27 NZST, SECISSUE

6 May 2026

KINGFISH SHARE ISSUE (WARRANT CONVERSION KFLWI)

On 1 May 2026, Kingfish warrant holders had the option to convert their warrants into ordinary Kingfish shares at an exercise price of $1.24 per warrant.

On the exercise date 1,218,425 warrants out of a possible 86,961,524 warrants (1.40%) were converted into Kingfish ordinary shares.

The new shares were allotted to warrant holders on 6 May 2026. All new shares have the same rights as current Kingfish shares, including participating in the company’s quarterly dividend policy.

The remaining 85,743,099 warrants which were not exercised have now lapsed, and all rights in regard to them have now expired.

The additional funds will be invested in Kingfish’s current investment portfolio of stocks.

Ends

Wayne Burns

Corporate Manager

Kingfish Limited

Tel +64 9 489 7094