Quotation Notice – Synlait Milk Limited (SML010) Bonds

QUOTATION NOTICE: NZX DEBT MARKET SYNLAIT MILK LIMITED BONDS ("SML010") Issuer: Synlait Milk Limited Ticker Code: SML010 ISIN: NZSMLDT001C4 Details of Issue: An offer of NZ$180 million subordinated fixed rate bonds Opening Date: Monday, 09 December 2019 Closing Date: Friday, 13 December 2019 Interest Rate: 3.83% per annum Maturity Date: Tuesday, 17 December 2024 Interest Payment Dates: 17 March, 17 June, 17 September and 17 December of each year until and including the Maturity Date. Date of First Interest Payment: Tuesday, 17 March 2020 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days before the relevant payment date or, if not a Business Day, the preceding Business Day Minimum Application Amount: $5,000 Minimum Holding: $5,000 Minimum Transferable Amount: $1,000, subject to the minimum holding amount Face Value: $1.00 per Bond Supervisor Name: The New Zealand Guardian Trust Company Limited Joint Lead Managers: ANZ Bank New Zealand Limited, Jarden Securities Limited, Deutsche Craigs Limited, and Forsyth Barr Limited Trust Deed Dated: Master Trust Deed dated 28 November 2019 supplemented by a Series Supplement dated 28 November 2019 Issue Date: Tuesday, 17 December 2019 Registrar: Computershare Investor Services Limited Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Wednesday, 18 December 2019 Mark Peterson Chief Executive Officer NZX Limited 6 December 2019 End CA:00345591 For:SML Type:OFFER Time:2019-12-06 15:26:03