Quotation Notice - Kiwibank Limited ("KWBHB")

QUOTATION NOTICE: NZX DEBT MARKET KIWIBANK LIMITED ("KWBHB") PERPETUAL PREFERENCE SHARES Company: Kiwibank Limited ("KWB") Security Code: KWBHB ISIN: NZKIWD0002S1 Details of Issue: NZ$275,000,000 of perpetual preference shares ("PPS"). Offer Opening Date: Monday, 14 October 2024 Offer Closing Date: Thursday,17 October 2024 Maturity Date: Not applicable Rate Reset Date: 24 April 2030 and each quarterly Scheduled Distribution Payment Date after that date. Distribution Rate: 7.38% per annum until 24 April 2030. After this date, the distribution rate will be a floating rate. Distribution Payment Dates: 24 January, 24 April, 24 July and 24 October in each year and, if the PPS are redeemed, the date on which the PPS are redeemed. Date of First Distribution Payment: Friday, 24 January 2025 First Distribution Paid To: Holder as at the close of business on the Record Date. Record Date: 10 calendar days before the relevant Distribution Payment Date, or if that date is not a business day, the immediately preceding business day. Early Call Dates: 24 April 2030 and each quarterly Scheduled Distribution Payment Date after that date, or at any time following the occurrence of a Tax Event or Regulatory Event. Minimum Application Amount: NZ$5,000 Minimum Holding: NZ$5,000 Minimum Transferable Amount: No transfer of any part of a Holder's holding may be effected if such transfer would result in the transferor or the transferee holding or continuing to hold a Non-marketable Parcel of PPS. "Non-marketable Parcel" of PPS means a parcel of PPS registered in the same name or same joint names, the aggregate Face Value of which is less than NZ$5,000 or is not a multiple of NZ$1,000. Face Value: NZ$1.00 per PPS Supervisor: Not applicable Lead Manager: Bank of New Zealand, Craigs Investment Partners Limited and Forsyth Barr Limited Trust Deed Dated: N/A Issue Date: Thursday, 24 October 2024 Registrar: MUFG Pension & Market Services Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Friday, 25 October 2024 Mark Peterson Chief Executive Officer NZX Limited 17 10 2024