SPH Notice – FIL Limited

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Synlait Milk Limited
Date this disclosure made: 30 November 2022
Date last disclosure made: 22 November 2022
Date on which substantial holding ceased: 28 November 2022
Substantial product holder(s) giving disclosure
Full name(s): FIL Limited and the entities listed in Annexure A (“FIL”)
Summary of previous substantial holding
Class of quoted voting products: Ordinary share
Summary for [name of substantial product holder(s)]
For last disclosure,—
(a) total number held in class: 11,002,350
(b) total in class: 218,581,661
(c) total percentage held in class: 5.034%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 10,918,989
(b) total in class: 218,581,661
(c) total percentage held in class: 4.995%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Date of
Change
Person
whose
relevant
interest
changed
Nature of
change
(6)
Consideration
given in
relation to
change (7)
Class and
number of
securities
affected
Person’s
votes
affected

COMMON
STOCK
COMMON
STOCK
25/11/2022 FIL SELL 2.6811 AUD -2,757 -2,757
25/11/2022 FIL SELL 2.6811 AUD -11,243 -11,243
25/11/2022 FIL SELL 2.6811 AUD -4,310 -4,310

2
28/11/2022 FIL SELL 2.6700 AUD -703 -703
28/11/2022 FIL SELL 2.6700 AUD -46,518 -46,518
28/11/2022 FIL SELL 2.6700 AUD -17,830 -17,830

Total Sells (83,361) (83,361)

Additional information
Address(es) of substantial product holder(s): Refer to Annexure A
Contact details: Charles Guo, Senior Manager of Regulatory Reporting, C/O FIL Asia
Holdings Pte Limited, +852 2629 2657, apac.regulatory.filings@fil.com
*Nature of connection between substantial product holders:
*Omit if disclosure is made for only 1 substantial product holder.
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: N/A
*Disclosure has effect for purposes of directors’ and senior managers’ disclosure
[Name] is also a [specify either director or senior manager] of [name of listed issuer].
This disclosure also constitutes disclosure for the purposes of the directors’ and senior
managers’ disclosure obligations.
*Omit if inapplicable (see section 302 of the Financial Markets Conduct Act 2013).
Certification
I, Charles Guo, 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.

Sign Here ____________________________________

Dated: 30 November 2022
Charles Guo
Regulatory Reporting Senior Manager
Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A


Investment
Manager
Address Custodian Nature of Relevant Interest Sum of
Numerator
Shares

FIL Investment
Management
(Australia)
Limited
Level 11, 167
Macquarie Street,
Sydney, NSW 2000,
Australia
BROWN BROS HARRIMN
LTD LUX (C)
Investment Discretion /
Voting Power
1,711,086
CITIBANK LONDON 218,969
HSBC BANK PLC (C) 2,614,158
JP MORGAN,
BOURNEMOUTH (C)
258,675

3
NATIONAL ASTL BK
MELBOURNE (S)
247,168
NATIONAL AUSTRALIAN
BANK
92,336
NORTHERN TRUST
LONDON (C)
1,096,213
STATE STREET
LUXEMBOURG
603,591
FIL Investment
Management
(Singapore)
Limited
8 Marina View, #35-
06, Asia Square Tower
1, 018960, Singapore
NORTHERN TRUST
LONDON (C)
82,380
FIL Responsible
Entity
(Australia)
Limited
Level 11, 167
Macquarie Street,
Sydney, NSW 2000,
Australia
JP MORGAN,
BOURNEMOUTH (C)
3,981,581
JPMORGAN CHASE
BANK, N.A.
12,832

Grand Total

10,918,989