Executive leadership team update

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






NZX: SML
ASX: SM1


23 August 2022

Executive leadership team update

Synlait Milk Limited (Synlait) Chief Executive Grant Watson announces further changes to the
company’s executive leadership team, following changes to the structure announced last month.

Adam Maxwell has been appointed Director of Ingredients. Adam is currently Synlait’s Head of
Ingredients and has played a critical role in the recovery of this business. Adam is an experienced
sales and business development executive. Prior to joining Synlait, he was GM, Marketing and Sales
at Dairyworks.

As part of the broader executive team leadership changes announced last month, Synlait is
farewelling Director – Nutritionals and Ingredients, Martijn Jager, who has decided to leave the
business. Martijn has played a significant role in Synlait's growth story over the previous six years,
including building a valuable portfolio of new growth opportunities. He leaves with Synlait’s best
wishes and thanks.

Changes are effective 1 September 2022. Further appointments will be announced to the market as
they are made.

For more information contact:
Hannah Lynch
Head of Corporate Affairs
P: +64 21 252 8990
E: hannah.lynch@synlait.com