KSS Information Memorandum 2021

Financing The KSS Group currently operates a corporate facility with a common security pool under a Security Trustee. A Common Terms Agreement governs requirements of the facility along with Bilateral Agreements on pricing, volume and tenor. KSS has existing funding with 3 Australian Banks, and is seeking Funding Proposals for $110 million (AUD) of the facility amount. The KSS Group is approaching a small group of potential Lenders to provide the Facility. We have provided here the financing debt structure chart and also a key summary of the expected terms for the financing. In addition the Common Terms Agreement will be provided. Finance proposals are to be provided on funding the existing CTA without amendment. The company has a conservative and prudent approach to capital investment and financing. All acquisitions and development must add value. The company re-invests most of the after-tax profit. This is demonstrated with the track record of its improved financial leverage metrics. The track record of profit re-investment and prudent acquisitions has delivered an outstanding enhancement of the companies Balance Sheet and Bank Covenant position. This is demonstrated on the graphs on the following page.

Hoxton Park NSW

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