Share Buy-back Update

ASX AND NZX ANNOUNCEMENT


S HARE BUY- BACK UPDATE

16 September 2022

Michael Hill International Limited (ASX/NZX: MHJ) is pleased to advise that the on-market share buy-back program
previously announced on 29 August 2022 will commence from 19 September 2022, with the appointment of Morgans
Financial Limited as the broker for the ASX, and Forsyth Barr Limited assisting with any purchases on the NZX.

The on-market share buy-back will be up to 5% of the Company’s issued capital, funded from existing cash reserves and
will comply with the “10/12 limit” permitted by the Corporations Act and ASX listing rules. The purchase price will be
no more than 5% above the volume weighted price on the ASX over the five trading days prior to purchase, in
accordance with ASX listing rule 7.33.



This announcement is authorised for release by the Company Secretary.
ENDS


For more information, please contact:


Investors:
Andrew Lowe
CFO & Company Secretary
+61 478 301 320
andrew.lowe@michaelhill.com.au


Investors:
Anthea Noble
Head of Investor Relations
+61 438 770 704
anthea.noble@michaelhill.com.au










ABOUT MICHAEL HILL INTERNATIONAL LIMITED

Michael Hill International was founded by Sir Michael Hill in 1979 when he opened his first jewellery store in Whangarei,
New Zealand. The Group currently has 280 stores globally across Australia, New Zealand and Canada. The Group’s global
headquarters, including its wholesale and manufacturing divisions, are located in Brisbane, Australia. The Company is
listed on the ASX (ASX:MHJ) and the NZX (NZX:MHJ).

http://investor.michaelhill.com/
michaelhill.com.au
michaelhill.co.nz
michaelhill.ca



Michael Hill International Limited ABN 25 610 937 598
34 Southgate Avenue, Cannon Hill, QLD 4170