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17 October 2024 Media Release KIWIBANK LIMITED PERPETUAL PREFERENCE SHARE OFFER – FINAL TERMS SHEET Further to Kiwibank Limited’s (Kiwibank) announcement earlier today, the final terms sheet relating to its offer of perpetual preference shares (PPS) is attached. Details of the offer and the PPS are contained in the Limited Disclosure Document (LDD), which is available on the Disclose Register at www.disclose-register.companiesoffice.govt.nz/ under offer number OFR13831. For further information and a copy of the LDD, please contact a Joint Lead Manager or your usual financial advice provider. Joint Lead Managers Bank of New Zealand 09 375 1391 Craigs Investment Partners Limited 0800 272 442 Forsyth Barr Limited 0800 367 227 Ends