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ASX Appendix 3A.1

Dividend24 September 2025ATMConsumer Staples

Appendix 3A.1 - Notification of dividend / distribution
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Update Summary

Entity name

THE A2 MILK COMPANY LIMITED

Security on which the Distribution will be paid

A2M - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

25/9/2025

Reason for the Update

Update to Appendix 3A.1 released on 18 August 2025 to notify applicable AUD exchange rate.

Additional Information

The dividend will be partially imputed and fully franked.

Refer to below for full details of the announcement

Appendix 3A.1 - Notification of dividend / distribution
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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

THE A2 MILK COMPANY LIMITED

1.2 Registered Number Type

ARBN

Registration Number

158331965

1.3 ASX issuer code

A2M

1.4 The announcement is

1.4a Reason for update to a previous announcement

Update to Appendix 3A.1 released on 18 August 2025 to notify applicable AUD exchange rate.

1.4b Date of previous announcement(s) to this update

18/8/2025

1.5 Date of this announcement

25/9/2025

1.6 ASX +Security Code

A2M

ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

30/6/2025

2A.4 +Record Date

19/9/2025

2A.5 Ex Date

18/9/2025

Ordinary

Update/amendment to previous announcement

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2A.6 Payment Date

3/10/2025

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the

dividend/distribution.

2A.8 Currency in which the dividend/distribution is made ("primary currency")

NZD - New Zealand Dollar

2A.9 Total dividend/distribution payment amount per

+security (in primary currency) for all

dividends/distributions notified in this form

NZD 0.11500000

2A.9a AUD equivalent to total dividend/distribution

amount per +security

AUD 0.10207400

2A.9b If AUD equivalent not known, date for information

to be released

25/9/2025

Estimated or Actual?

2A.9c FX rate (in format AUD 1.00 / primary currency

rate): AUD

AUD 1.00

FX rate (in format AUD rate/primary currency rate)

Primary Currency rate

NZD 1.12663362

2A.10 Does the entity have arrangements relating to the

currency in which the dividend/distribution is paid to

securityholders that it wishes to disclose to the market?

2A.11 Does the entity have a securities plan for

dividends/distributions on this +security?

2A.12 Does the +entity have tax component information

apart from franking?

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

15.000000 %

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the

banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand

and/or USD to residents of the U.S.A.).

Yes

No

We do not have a securities plan for dividends/distributions

on this security

Yes

Actual

No

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2B.2 Please provide a description of your currency arrangements

All dividends will be paid by direct credit.

For shareholders who nominate an Australian bank account for receipt of dividend payments, payments will be made in

AUD. For shareholders who nominate a New Zealand bank account for receipt of dividend payments, payments will be

made in NZD.

Shareholders who wish to nominate or change a bank account for receipt of dividend payments or learn about what

options are available for receiving dividend payments in other currencies should access the Investor Centre maintained by

the Company's share registry, MUFG Corporate Markets, using the following link: https://au.investorcentre.mpms.mufg.co

. Alternatively, shareholders can contact MUFG Corporate Markets using any one of the contact detailsm/Login/Login

listed at the following link: .https://thea2milkcompany.com/shareholder-information

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

CurrencyPayment currency equivalent amount per security

AUD - Australian DollarAUD 0.10207400

2B.2b Please provide the exchange rates used for non-primary currency payments

AUD:NZD - 1.12663362

2B.2c If payment currency equivalent and exchange

rates not known, date for information to be released

25/9/2025

Estimated or Actual?

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the

default arrangements?

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at

this time?

3A.1a Ordinary dividend/distribution estimated amount

per +security

NZD

3A.1b Ordinary Dividend/distribution amount per

security

NZD 0.11500000

3A.2 Is the ordinary dividend/distribution franked?3A.2a Is the ordinary dividend/distribution fully franked?

3A.3 Percentage of ordinary dividend/distribution that is

franked

100.0000 %

3A.3a Applicable corporate tax rate for franking credit

(%)

30.0000 %

3A.4 Ordinary dividend/distribution franked amount per

+security

NZD 0.11500000

3A.5 Percentage amount of dividend which is unfranked

0.0000 %

3A.6 Ordinary dividend/distribution unfranked amount

per +security excluding conduit foreign income amount

NZD 0.00000000

YesYes

No

No

Actual

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Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution

3F.1 Is a supplementary dividend/distribution payable?

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

The withholding tax rate to be applied by the Company to its dividend payments varies based on the specific

circumstances of recipient shareholders. Details of the withholding tax deducted will be set out in a dividend statement to

be issued to each shareholder.

5.2 Additional information for inclusion in the Announcement Summary

The dividend will be partially imputed and fully franked.

No

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