Mataura Valley Milk Limited Divestment unconditional

NZX Code: ATM
ASX Code: A2M








16 October 2025
NZX/ASX Market Release

Mataura Valley Milk Limited Divestment unconditional

Following its announcement on 18 August 2025, The a2 Milk Company (“the Company”, “a2MC”) confirms that the
divestment of a2MC’s 75% and China Animal Husbandry Group’s (CAHG) 25% shareholding in Mataura Valley Milk Limited to
Open Country Dairy Limited is now unconditional, with CAHG having completed the requisite China regulatory filing.
Completion of the transaction is now set to occur with effect from the end of October 2025.
For further details on the divestment please refer to Company’s FY25 Annual results and Supply Chain Transformation update
investor presentation dated 18 August 2025.

Authorised for release by

David Bortolussi
Managing Director and Chief Executive Officer
The a2 Milk Company Limited


For further information, please contact:


Investors / Analysts
Chante Mueller
Head of Investor Relations
M +61 400 374 133
chante.mueller@a2milk.com


Media – New Zealand
Barry Akers
M +64 21 571 234
barryakers9@gmail.com
Media – Other markets
Rick Willis
M +61 411 839 344
rick@networkfour.com.au