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Synlait Milk Limited (SML) notes that 15,108 Performance Share Rights, as described below, have lapsed: o 15,108 Performance Share Rights issued on 24 November 2020. Following the lapsing of those Performance Share Rights, there are 288,442 Performance Share Rights remaining on issue by SML. Authorised by: Deborah Marris Director, Legal Risk and Governance For more information contact: Hannah Lynch Corporate Affairs Manager P: +64 21 252 8990 E: hannah.lynch@synlait.com End CA:00382887 For:SML Type:SECISSUE Time:2021-11-16 08:30:44