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Memorandum To: Market Participants From: NZX Product Operations Date: Monday, 9 November 2020 Subject: Synlait Milk Limited ("SML") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that, at the request of the company, it has placed a trading halt on Synlait Milk Limited ("SML") ordinary shares. The trading halt was placed at 2:47pm this afternoon. The trading halt has been put in place pending the release of an announcement to be made by the company. The halt will remain in place until the earlier of: o An announcement made by the issuer; or o Market open on Wednesday, 11 November 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00362890 For:NZXR Type:HALT Time:2020-11-09 14:59:07