FY22 Annual Results Announcement

20 September 2022 (All amounts in NZ$ unless otherwise stated) KMD Brands delivers record sales and dividend in FY22 KMD Brands Limited (ASX/NZX: KMD, "KMD" or the "Company") is pleased to announce its results for the twelve months ended 31 July 2022 ("FY22"). FY22 key highlights (vs FY21): o Group sales up 6.2% to $979.8 million, a record for KMD Brands o Continued growth in Rip Curl sales, highest-ever Kathmandu sales in Q4, and record order demand for Oboz products o Gross margin maintained at 58.9% despite input cost pressure o Underlying EBITDA of $92.0 million reflects the impact of Q1 Australasian lockdowns and Oboz supply chain COVID disruption o Record second half Group sales and underlying EBITDA o Statutory NPAT of $36.8 million; Underlying NPAT(1) of $36.2 million o Strong balance sheet position supports investment in organic brand growth o Final dividend of 3 cents per share (fully franked for Australian shareholders); total FY22 dividend of 6 cents per share represents a record $42.5 million dividends declared in FY22 The following are attached in relation to KMD Brands Limited's Full Year Result for the period to 31 July 2022: 1. Results Announcement 2. Media Announcement 3. Financial Statements and Independent Auditor's Report 4. Investor Presentation 5. Distribution Notice Investor briefing being held today @ 8:30am AEST / 10:30am NZST Michael Daly (Group CEO & Managing Director) and Chris Kinraid (Group CFO) will be holding a briefing session for investors and analysts at 8:30am AEST / 10:30am NZST today (Tuesday 20 September). To pre-register and avoid a queue when calling, please follow this link: https://event.webcasts.com/starthere.jsp?ei=1567475&tp_key=9b518569b6 If you are unable to pre-register, at the time of the call please dial one of the numbers below and provide the Participant Code 648518 to the operator. Australia Toll Free: 1800 590 693 Australia Local: +61 (0) 2 7250 5438 New Zealand Toll Free: 0800 423 972 New Zealand Local: +64 (0) 9 9133 624 United States: +1 323 794 2558 - ENDS - For further information, please contact: Investors Eric Kuret, Automic Markets P: +61 417 311 335 E: eric.kuret@automicgroup.com.au Media Helen McCombie, Citadel-MAGNUS P: + 61 2 8234 0103 (1) Excluding the impact of IFRS 16 End CA:00399077 For:KMD Type:FLLYR Time:2022-09-20 09:29:29