KFL ex-div NAV as at 5/3/25 - $1.3743

KFL NAV as at 5/3/25 - $1.3743 (after deducting 2.92cps dividend payable) Date 5/3/2025 28/2/2025 KFL NAV $1.3743 $1.4290 Share price close $1.33 $1.36 Discount 3% 5% The above net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is after deducting an accrual for a 2.92 cents per share dividend to be paid on 28 March 2025. The NAV per share is calculated after deducting treasury stock of 793,795 shares (acquired under the Kingfish buyback programme). The five largest portfolio holdings at 5 March 2025 are approximately as follows: Fisher & Paykel Healthcare 18% Infratil 13% Mainfreight 10% Summerset 9% Auckland International Airport 8% BACKGROUND Kingfish is a listed investment company that invests in quality growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds Management Ltd, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Kingfish is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax efficient investment vehicle. Kingfish listed on NZX Main Board on 31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies. Contact Corporate Manager Kingfish Limited Tel +64 9 4840352