Synlait Milk Limited (“SML”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 10 November 2020 Subject: Synlait Milk Limited ("SML") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that Synlait Milk Limited ("SML") ordinary shares remain in a halt, with an announcement expected to be released in relation to a capital raising. The trading halt was put in place at 2.47pm on Monday, 9 November 2020. The halt will remain in place until the earlier of: o An announcement made by the issuer regarding the capital raise; or o Market open on Thursday, 12 November 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00362934 For:SML Type:HALT Time:2020-11-10 08:38:24