Notification of Lapse of Performance Share Rights

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

NZX: SML
ASX: SM1


11 December 2023

Notification of Lapse of Performance Share Rights

Synlait Milk Limited (Synlait) notes that 49,913 Performance Share Rights have lapsed as of 11 December
2023.

Following the lapsing of those Performance Share Rights there are 587,334 Performance Share Rights
remaining on issue by Synlait.

Announcement authorised by:
Cathy Gamlen
Director of People & Culture

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