Notification of Lapse of Performance Share Rights

Synlait Milk Limited (SML) notes that 219,061 Performance Share Rights have lapsed as of 17 December 2025. Following the lapse of those Performance Share Rights, there are no Performance Share Rights remaining on issue with SML. Authorised by: Stephanie Manning Director – Safety, People & Culture For more information contact: Jo Scott Corporate Affairs Manager P: +64 021 883 123 E: jo.scott@synlait.com