Notification of Lapse of Performance Share Rights

Synlait Milk Limited (SML) notes that 77,708 Performance Share Rights, as described below, have lapsed: o 33,523 Performance Share Rights issued on 9 November 2021. o 44,185 Performance Share Rights issued on 10 November 2022. Following the lapsing of those Performance Share Rights there are 637,247 Performance Share Rights remaining on issue by SML. Authorised by: Dahlia Kilkelly Acting Director of People & Culture For more information contact: Hannah Lynch Head of Strategy & Corporate Affairs P: +64 21 252 8990 E: hannah.lynch@synlait.com End CA:00412622 For:SML Type:SECISSUE Time:2023-06-06 17:00:09