Synlait responds to media speculation

Synlait Milk Limited (Synlait) advises that it is in discussions with a party with respect to its North Island assets however the discussions are incomplete, no binding terms are agreed and there is no certainty that a transaction will occur. Synlait will provide any further updates to the market to the extent required in accordance with its continuous disclosure obligations but will not otherwise respond to any further media speculation. For more information contact: Media Jo Scott Corporate Communications Lead P: +64 21 883 123 E: jo.scott@synlait.com Investors Hannah Lynch Head of Milk Supply, Strategy & Corporate Affairs P: +64 21 252 8990 E: hannah.lynch@synlait.com