The a2 Milk Company extends supply agreement with Synlait

NZX Code: ATM
ASX Code: A2M

The a2 Milk Company Limited
www.thea2milkcompany.com

19 November 2019
NZX/ASX Market Release


The a2 Milk Company extends supply agreement with Synlait Milk

The a2 Milk Company Limited (a2MC) is pleased to announce it has agreed a variation to its comprehensive
manufacturing and supply arrangements with Synlait Milk Limited. This agreement is a key part of a2MC’s
global supply strategy.

The supply agreement for a2 Platinum® and other nutritional products, announced to the market on
3 July 2018, provided for a minimum term of five years, with a rolling three-year term from 1 August 2020.

The key components of the revised agreement are:
• A two-year extension to the term of the agreement, effectively providing for a new minimum term
to, at the earliest, 31 July 2025;
• An increase in the volume of nutritional products over which Synlait already has exclusive supply
rights;
• Increased committed production capacity from Synlait;
• Pricing terms that reflect the commitment on the part of both companies to an ongoing market-
competitive pricing regime.

NZX has granted a2MC a waiver from the requirement to obtain shareholder approval under NZX Listing
Rule 5.1.1in respect of entry into the revised agreement.


Jayne Hrdlicka
Managing Director & CEO
The a2 Milk Company Limited


For further information, please contact:
Investors / Analysts
David Akers
Head of Investor Relations
T +61 2 9697 7013 l M +61 412 944 577
david.akers@a2milk.com
Media
Elizabeth Rex
Corporate Affairs Director
M +61 455 247 843
elizabeth.rex@a2milk.com