Cancellation of Synlait’s exclusive supply rights
ASX Code: A2M
NZX Code: ATM
The a2 Milk Company Limited
www.thea2milkcompany.com
17 October 2023
NZX/ASX Market Release
Cancellation of Synlait’s exclusive supply rights
Dispute submitted to arbitration
The a2 Milk Company Limited (a2MC, the Company) refers to its market announcement made on Monday, 18
September confirming that it had provided Synlait Milk Limited (Synlait) with written notice cancelling the
exclusive manufacturing and supply rights held by Synlait in respect of stages 1 to 3 of a2MC’s current infant milk
formula (IMF) products (being a2 Platinum® and a2 至初®) for sale by a2MC in the markets of China, Australia and
New Zealand.
Synlait disputed the notice and, in accordance with the dispute resolution provisions of the manufacturing and
supply agreement, a2MC and Synlait entered into a 20-business day period of good faith negotiations, which has
not resolved the dispute. The matter will now be submitted to confidential binding arbitration as provided for
under the dispute resolution provisions of the manufacturing and supply agreement.
Authorised for release by the Board of Directors
David Bortolussi
Managing Director and CEO
The a2 Milk Company Limited
For further information, please contact:
Investors / Analysts
David Akers
Group Head of Investor Relations and Sustainability
M +61 412 944 577
david.akers@a2milk.com
Anna Guan
Investor Relations Manager
M +61 430 166 872
anna.guan@a2milk.com
Media – New Zealand
Barry Akers
M +64 21 571 234
barryakers9@gmail.com
Media – Other markets
Rick Willis
M +61 411 839 344
rick@networkfour.com.au
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- SML — Synlait Milk Limited: Synlait & The a2 Milk Company enter arbitration2023-10-16
“Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com NZX: SML ASX: SM1 17 October 2023 Synlait & The a2 Milk Company enter arbitration Synlait Milk Limited (Synlait) will enter into a confid…”
- SML — Synlait Milk Limited: Market Update2023-12-21
“Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com NZX: SML ASX: SM1 22 December 2023 Market update Synlait Milk Limited (Synlait) is providing several updates on its relationship with The a…”
- SML — Synlait Milk Limited: Market update2023-09-18
“Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com • The purported cancellation relates only to the exclusivity arrangements. The NPMSA remains in place but may be terminated by either party on three years’ n…”