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Synlait Director of Operations Neil Betteridge resigns

Director Departure21 July 2019SMLConsumer Staples

Synlait Milk Ltd · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com

SYNLAIT MILK LIMITED ANNOUNCEMENT NZX: SML

ASX: SM1

22 July 2019


SYNLAIT DIRECTOR

OPERATIONS RESIGNS

Synlait (NZX: SML; ASX: SM1) today announced that Director of Operations Neil Betteridge has resigned to

pursue career opportunities outside the company.

Synlait Chief Executive Leon Clement said Mr Betteridge would assist with the transition. He thanked Mr

Betteridge for his long-term service and commitment to the company and wished him well for the future.

“Neil was one of the first employees appointed when Synlait was founded more than a decade ago and

he’s made a key contribution to the company during a period of strong growth and development,” Mr

Clement said.

“We now have expertise across the company and there will be no change to existing commercial

arrangements or operations. We will continue to invest for future growth. We have made alternative

operational arrangements until we have found a replacement for Neil. This recruitment process will start

shortly.”

General Manager Supply Chain, Rob Stowell and General Manager Manufacturing, Antony Moess will report

to Mr Clement while Commercial Manager Projects, Phil O’Malley will to report to General Manager

Strategic Projects, Matthew Foster.

ENDS

For more information about Synlait visit www.synlait.com

or contact:

Sarah-Jane Bashford

Senior Communications Advisor, Synlait Milk

P: +64 3 373 3320

E: sarah-jane.bashford@synlait.com

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