NZK confirms acquisition of a commercial site in Blenheim

9 September 2025

NZK confirms acquisition of a commercial site in Blenheim
The Board of New Zealand King Salmon Investments Limited (NZX/ASX: NZK) advises that the
purchase of a commercial site for $8.14 million has today gone unconditional after a period of
due diligence. The site is located at the Cloudy Bay Business Park in Blenheim.
The Board acknowledge that this purchase is an exciting step in supporting NZK's future
processing requirements, in anticipation of growth from the Blue Endeavour project. While the
purchase of this site represents an investment for NZK’s future, there are several stage gates
that need to be met before any firm development decisions can be made. The Board also
emphasise that it is anticipated that any changes to current operations are at least three years
away.
There is no immediate or near-term impact on our Nelson factory operations and staffing. The
current processing facility at 17 Bullen Street, Nelson, will continue operating for the foreseeable
future while development options are explored for the new site.
Our Nelson infrastructure will continue to be important to NZK. Nelson is the base for our
research and development, corporate (head office) functions and will continue to host some
factory processing operations.
The transaction is expected to settle by 7 October 2025. NZK will use existing cash on hand to
fund the purchase.
Authorised by:
Board of Directors of New Zealand King Salmon Investments Limited
ENDS

For investor or analyst queries, please contact:
Carl Carrington, Chief Executive Officer, carl.carrington@kingsalmon.co.nz; or
Ben Rodgers, Chief Financial Officer and Company Secretary, ben.rodgers@kingsalmon.co.nz

For media enquiries, please contact:
Monique Hatfull, Head of Relationships & Communications, monique.hatfull@kingsalmon.co.nz