Disclosure of Relevant Interests

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
The a2 Milk Company Limited (ATM)
Date this disclosure made:
1-Sep-21
Date of last disclosure:
27-Aug-20
Director or senior manager giving disclosure
Full name(s):
Shareef Yaseen Khan
Name of listed issuer:
The a2 Milk Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Operations Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Unlisted performance rights
(Performance Rights) representing an
entitlement to acquire fully paid ordinary
shares in ATM (Ordinary Shares).
Nature of the affected relevant interest(s):
Legal and beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 23,580 Performance Rights due to
vest in August 2021 provided certain
performance conditions are met.
(2) 16,759 Performance Rights due to
vest in August 2022 provided certain
performance conditions are met.
Number held in class after acquisition or disposal:
16,759 Performance Rights due to vest
in August 2022 provided certain
performance conditions are met.
Current registered holder(s):
Shareef Yaseen Khan
Registered holder(s) once transfers are registered:
Shareef Yaseen Khan
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure-
Date of transaction:
26-Aug-21
Nature of transaction:
Lapse of 23,580 Performance Rights
which were due to vest in August 2021
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:N/A
Number of financial products to which the transaction related:
23,580 Performance Rights
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary Shares
Nature of relevant interest:
Legal and beneficial owner
For that relevant interest,-
Number held in class:
400,000 Ordinary Shares
Current registered holder(s):
Shareef Yaseen Khan
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
31 August 2021

Name and title of authorised person:

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
The a2 Milk Company Limited (ATM)
Date this disclosure made:
1-Sep-21
Date of last disclosure:
24-Sep-20
Director or senior manager giving disclosure
Full name(s):
Race Strauss
Name of listed issuer:
The a2 Milk Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
(1) Unlisted time-based rights (Time-based
Rights) representing an entitlement to
acquire fully paid ordinary shares in ATM
(Ordinary Shares).
(2) Ordinary Shares.
Nature of the affected relevant interest(s):
Spouse of registered holder and beneficial
owner
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 7,551 Time-based Rights
(2) 7,550 Ordinary Shares
Number held in class after acquisition or disposal:
15,101 Ordinary Shares
Current registered holder(s):
Natolie Strauss
Registered holder(s) once transfers are registered:
Natolie Strauss
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:1-Sep-21

Nature of transaction:
Vesting and automatic exercise of 7,551
Time-based Rights resulting in the
acquisition of 7,551 Ordinary Shares.
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Nil
Number of financial products to which the transaction related: 7,551 Time-based Rights
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Unlisted performance rights (Performance
Rights) representing an entitlement to
acquire Ordinary Shares in ATM.
Nature of relevant interest:
Spouse of registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
70,600 Performance Rights due to vest in
August 2022 provided certain performance
conditions are met.
Current registered holder(s):Natolie Strauss
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
31 August 2021

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
The a2 Milk Company Limited (ATM)
Date this disclosure made:
1-Sep-21
Date of last disclosure:
15-Mar-21
Director or senior manager giving disclosure
Full name(s):
Jaron James McVicar
Name of listed issuer:
The a2 Milk Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Legal and Sustainability Officer &
Company Secretary
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Unlisted performance rights
(Performance Rights) representing an
entitlement to acquire fully paid ordinary
shares in ATM (Ordinary Shares).
Nature of the affected relevant interest(s):
Legal and beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 9,726 Performance Rights due to
vest in August 2021 provided certain
performance conditions are met.
(2) 15,609 Performance Rights due to
vest in August 2022 provided certain
performance conditions are met.
Number held in class after acquisition or disposal:
15,609 Performance Rights due to vest
in August 2022 provided certain
performance conditions are met.
Current registered holder(s):
Jaron James McVicar
Registered holder(s) once transfers are registered:
Jaron James McVicar
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure-
Date of transaction:
26-Aug-21
Nature of transaction:
Lapse of 9,726 Performance Rights
which were due to vest in August 2021
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:N/A
Number of financial products to which the transaction related:
9,726 Performance Rights
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary Shares
Nature of relevant interest:
Legal and beneficial owner
For that relevant interest,-
Number held in class:
40,300 Ordinary Shares
Current registered holder(s):
Jaron James McVicar
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
31 August 2021

Date of signature:
Name and title of authorised person:

---

NZX,,.
Initial Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Date this disclosure made:
Date on which issuer listed or appointment made:
Director or senior manager giving disclosure
Full name:
:.
Name of Isled issuer:
Name of related body corporate (if applicable):
Position held in listed issuer:
Summary of relevant Interest (excluding specified derivatives)
Class of quoted financial product:
Number held in class:
Nature of relevant
interest
Current registered holder:
Summary of specified derivatives relevant Interest (H applicable)
The a2 Milk Company Limited (ATM)
1-Seo-21
28/04/2021
Eleanor
Khor
The a2 Milk Comoanv Limited
NIA
Chief Strat=u Officer
Unlisted performance rights
(Performance Rights) representing
an entitlement to acquire fully paid
ordinarv shares In ATM.
11,522 Performance Rights, granted
on 19 November 2019, due to vest in
August 2022 provided certain
performance conditions are met
(foUowing lapse of 12,527
Performance Rights granted on
19
November 2019 which were due to
vest in Auoust 2021
l.
Legal and beneficial interest
Eleanor Khor
ITypeofde
-
rivative:
__
_ I IN/A
�
nderlying financial products:
_ _
Details of derivative
The notional value of the derivative (if any) or the notional amount of underlying
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price specified in the terms of the derivative(if any):
Any other details needed to understand how the amount of the consideration payable
under
the derivative or the value of the derivative Is affected by the value of the
undertvinQ financial nroducts:
For that derivative, -
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant Interest in the derivative:
Certification
NIA

I,
certify that, to the best of my knowledge
and belief, the information contained
in this
disclosure
is correct
and that I am duly authorised
to make this disclosure
by all
rsons for whom it is made.
Date of signature:
J
l
or
Signature
of person
authorised
to sign on behalf of director
or officer:
Date of signature:
Name and title of authorised
person:

---

lnitial
Disclosure
Notice
Disclosure
of Directors
and Senior Managers
Relevant
lnterests
Sections 297(1)
and 298(1), Financial
Markets
Conduct Act
2013
To NZX
Limited; and
Name
of listed issuer:
Date
this disclosure made:
Date
on which issuer listed
or appointment made:
Director
or senior manager
giving
disclosure
Full name:
Name of listed issuer:
Name
of
related
body corporate
(if
applicable):
Position
held in listed issuer:
Summary
of
relevant
interest
(excluding
specified derivatives)
Class of
quoted
financial
product:
Number
held in class:
Nature
of relevant interest:
Current registered
holder:
Summary
of specified derivatives relevant
interest
(if
applicable)
Type of
derivative:
Class
of underlying financial
products:
Parties
to the derivative:
The
a2
Milk
Company Limited
(ATM)
1t09t2021
12107t2021
Kevin Bush
The a2 Milk
Company Limited
N/A
Executive
General Manager
-
ANZ
N/A
N/A
NiA
(2)
Unlisted
performance
rights
representing
an entitlement to acquire
Shares in ATM
(Performance
9 Ordinary Shares
(following
and
automatic exercise of
,219
unliated
time
based
rights
on
19 November2019,
representing
an entitlement to acquire
Ordinary Shares in ATM, resulting in
the
of 94,219
Ordinary Shares
on
(2)
15,123 Performance
Rights
granted
1
I
November
201 9,
due
to vest in
2022
provided
certain
performance
conditions
are
met
(following
lapse
of
10,535 Performance
Rights
granted
on
19
November 2019
(1)
August
2021).
Legal and beneficial interest
Kevin Bush
Details
of derivative
The
notional value
of the derivative
(if
any) or the notional
amount of underlying
products
(lf
any):
A slatement
as to whether
the derivative is cash
settled or
physically
settled:
Maturity
date of the derivative
(if
any):
Expiry
date of the derivative
(if
any):
The
price
specified in the terms
of the derivative(if
any)
Any
other details needed
to understand how
the amount of the consideration
payable
under the derivative
or the
value
of the derivative is
affected by the value
of the
underlying
fi nancial
products:
For
that derivative,-
NzX

lf the
director or senior manager is not
a
party
to the derivative,
the nature
of the
relevant interest
in the derivative:
Certification
l,
certifo
that, to the best of my knowledge
and
belief, the
information
contained in
this
disclosure
is correct
and that I am duly
authorised to make
this disclosure
by all
persons
for whom it is made.
Signature
of director or officer:
Date
of signature:
or
'f-Lde-<i:a*r*
authorised
toon behalf
of director or
officer:
of
Date of
signature:
Name
and title of authorised
person:

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
The a2 Milk Company Limited (ATM)
Date this disclosure made:
1-Sep-21
Date of last disclosure:
2-Mar-21
Director or senior manager giving disclosure
Full name(s):
Peter Jerrold Nathan
Name of listed issuer:
The a2 Milk Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Former Chief Executive Asia Pacific
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Unlisted performance rights
(Performance Rights) representing an
entitlement to acquire fully paid ordinary
shares in ATM (Ordinary Shares).
Nature of the affected relevant interest(s):
Legal and beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 110,532 Performance Rights due to
vest in August 2021 provided certain
performance conditions are met.
(2) 77,021 Performance Rights due to
vest in August 2022 provided certain
performance conditions are met.
Number held in class after acquisition or disposal:
77,021 Performance Rights due to vest
in August 2022 provided certain
performance conditions are met. (Note:
following cessation of Peter's
employment with ATM, these 77,021
Performance Rights will lapse on 7
September 2021.)
Current registered holder(s):
Peter Jerrold Nathan
Registered holder(s) once transfers are registered:
Peter Jerrold Nathan
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure-
Date of transaction:
26-Aug-21
Nature of transaction:
Lapse of 110,532 Performance Rights
which were due to vest in August 2021
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:N/A
Number of financial products to which the transaction related:
110,532 Performance Rights
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary Shares
Nature of relevant interest:
(1) Legal and beneficial owner (as to
1,220,000 Ordinary Shares)
(2) Beneficial owner (as to 20,800
Ordinary Shares)
For that relevant interest,-
Number held in class:
1,240,800 Ordinary Shares
Current registered holder(s):
(1) Peter Jerrold Nathan (as to 1,220,000
Ordinary Shares)
(2) Spectre Investments Vic Pty Limited
(as to 20,800 Ordinary Shares)
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification

I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
31 August 2021