11 July 2024

Synlait Special Shareholders’ Meeting Poll Results

Synlait Milk Limited (Synlait) advises that the resolution put to shareholders at its Special Shareholders’
Meeting today passed.

Synlait Chair George Adams commented: “Thank you to our shareholders for your support today. The
shareholder loan resolution was very important to Synlait’s future and completed the first step in
resetting Synlait’s balance sheet.”
“We look forward to providing you with further updates as the Board progresses its plans for an equity
capital raising. Synlait’s core Advanced Nutrition and Foodservice businesses have enormous growth
potential, and we are committed to delivering on that for your benefit.”
On behalf of Bright Dairy Appointed Directors, Director Julia Zhu commented: “Bright Dairy
acknowledges today’s shareholder vote in support of the Board’s turnaround actions underway to
restrengthen Synlait’s financial position. There is a stronger, healthier future for the business coming
and Bright Dairy is deeply committed to ensuring the Synlait’s long-term success for all shareholders
and its farmer suppliers.”
A replay of the Annual Meeting will be available at: https://www.synlait.com/investors
Authority to make this announcement:
Hannah Lynch
Head of Strategy & Corporate Affairs
P: +64 21 252 8990
E: hannah.lynch@synlait.com