Disclosure of relevant interests

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
The a2 Milk Company Limited (ATM)
Date this disclosure made:19-Dec-23
Date of last disclosure: 06-Sep-2023
Director or senior manager giving disclosure
Full name(s):David Landt Bortolussi
Name of listed issuer:The a2 Milk Company Limited
Name of related body corporate (if applicable):N/A
Position held in listed issuer:
Managing Director and Chief
Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Unlisted performance rights
(Performance Rights) representing
an entitlement to acquire fully paid
ordinary shares in ATM (Ordinary
Shares).
Nature of the affected relevant interest(s):Beneficial interest.
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 490,906 Performance Rights due to
vest on a date to be determined by the
Board following the release of ATM’s
full year audited results for FY2024
provided certain performance
conditions are met.
(2) 501,180 Performance Rights due to
vest on a date to be determined by the
Board following the release of ATM’s
full year audited results for FY2025
provided certain performance
conditions are met.
Number held in class after acquisition or disposal:
(1) 490,906 Performance Rights due to
vest on a date to be determined by the
Board following the release of ATM’s
full year audited results for FY2024
provided certain performance
conditions are met.
(2) 501,180 Performance Rights due to
vest on a date to be determined by the
Board following the release of ATM’s
full year audited results for FY2025
provided certain performance
conditions are met.
(3) 690,066 Performance Rights due to
vest on a date to be determined by the
Board following the release of ATM’s
full year audited results for FY2026
provided certain performance
conditions are met.
Current registered holder(s):
(1) DMZSK Pty Ltd
(2) DMZSK Super Pty Ltd

Registered holder(s) once transfers are registered:
(1) DMZSK Pty Ltd
(2) & (3) DMZSK Super Pty Ltd
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative: N/A
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure-
Date of transaction:
15-Dec-2023
Nature of transaction:
Grant by ATM of Performance Rights
under ATM's Long Term Incentive
Plan.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Nil
Number of financial products to which the transaction related:
690,066 Performance Rights
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary Shares
Nature of relevant interest:
Beneficial interest
For that relevant interest,-
Number held in class:
789,860 Ordinary Shares
Current registered holder(s):
DMZSK Pty Ltd
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:

If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:19-Dec-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

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Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity: The a2 Milk Company Limited (Company)
ABN: 97 769 415 292
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the
director for the purposes of section 205G of the Corporations Act.
Name of Director
David Landt Bortolussi
Date of last notice
6 September 2023
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct or indirect interest
Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
DMZSK Super Pty Ltd (ACN 617 428 216),
as trustee for D & M Bortolussi
Superannuation Fund, holds 1,191,246
performance rights.
DMZSK Pty Ltd (ACN 128 544 838), as
trustee for D&M Bortolussi Family Trust,
holds all other interests (both existing and
acquired).
Mr Bortolussi’s voting power in DMZSK
Super Fund Pty Ltd and DMZSK Pty Ltd is
above 20%.
Date of change
15 December 2023
No. of securities held prior to change
1. 992,086 performance rights
2. 789,860 fully paid ordinary shares
Class
1. performance rights
2. fully paid ordinary shares
Number acquired
1. 690,066 performance rights
2. nil fully paid ordinary shares
Number disposed
Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
Employee incentive

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.
Appendix 3Y Page 2 01/01/2011
No. of securities held after change
1,682,152 performance rights
789,860 fully paid ordinary shares
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
Issue of FY24 performance rights under The
a2 Milk Company Limited Long Term
Incentive Plan.
The issue was approved at the entity’s annual
meeting held on 16 November 2023,
including for the purposes of ASX Listing
Rule 10.15.7.
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Detail of contract N/A
Nature of interest N/A
Name of registered holder
(if issued securities)
N/A
Date of change N/A
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
N/A
Interest acquired N/A
Interest disposed N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
N/A
Interest after change N/A
Part 3 –
+
Closed period
Were the interests in the securities or contracts detailed
above traded during a
+
closed period where prior written
clearance was required?
N/A
If so, was prior written clearance provided to allow the trade
to proceed during this period?
N/A
If prior written clearance was provided, on what date was this
provided?
N/A