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SPH Notice - Milford Asset Management Limited

Substantial Holder Notice1 October 2025KPGReal Estate

100080615/3821103.1
Disclosure of movement of 1% or more in substantial holding

or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

To New Zealand Stock Exchange

and

To Kiwi Property Group Limited

Relevant event being disclosed: Change of nature in relevant interest

Date of relevant event: 30/09/2025

Date this disclosure made: 01/10/2025

Date last disclosure made: 30/05/2025

Substantial product holder(s) giving disclosure

Full name(s): Milford Asset Management Limited

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Milford Asset Management Limited

For this disclosure,—

(a) total number held in class: 143,319,817

(b) total in class: 1,648,787,000

(c) total percentage held in class: 8.692%

For last disclosure,—

(a) total number held in class: 124,791,395

(b) total in class: 1,625,216,000

(c) total percentage held in class: 7.678%

Details of transactions and events giving rise to relevant event

- Purchases of KPG NZ, totalling 16,579,633 units for total consideration of NZD16,457,204.65.

Additional information

Address of substantial product holder: Level 12, 50 Albert Street, Auckland, New Zealand 1010

Contact details: Zach Kenworthy, Team Leader, Operations. Trades@milfordasset.com +61

455 121 519

Certification

I, Zachary Kenworthy, certify that, to the best of my knowledge and belief, the information

contained in this disclosure is correct and that I am duly authorised to make this disclosure by all

persons for whom it is made.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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