SPH Notice - Milford Asset Management Limited

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: 02/12/2025
Date this disclosure made: 03/12/2025
Date last disclosure made: 01/10/2025
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: 160,019,135

(b) total in class: 1,648,787,000
(c) total percentage held in class: 9.705%


For last 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%
Details of transactions and events giving rise to relevant event
- Purchases of KPG NZ, totalling 17,137,528 units for total consideration of NZD18,381,564.55.
Additional information
Address of substantial product holder: Level 12, 50 Albert Street, Auckland, New Zealand 1010
Fund
Qty/Par
%
Held by
Milford Active Growth Wholesale Fund
115,650,234.00
7.014%
HSBC (NZ)
Milford Income Wholesale Fund
27,299,873.00
1.656%
HSBC (NZ)
Milford NZ Equities Wholesale Fund
16,690,512.00
1.012%
HSBC (NZ)
Milford Trans Tasman Equity Screened Wholesale Fund
378,516.00
0.023%
HSBC (NZ)

100080615/3821103.1
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.