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

Memorandum To: Market Participants From: NZX Product Operations Date: Friday, 18 December 2020 Subject: Synlait Milk Limited ("SML") - Trading Halt of Securities Message: NZ RegCo ("RegCo") 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 3:28pm. The trading halt has been put in place while SML considers a recent announcement that The a2 Milk Company Limited ("ATM") has published to market. The trading halt will remain in place until the earlier of: 1) the release of an announcement by SML; or 2) market open Tuesday, 22 December 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00365359 For:SML Type:HALT Time:2020-12-18 15:51:36