Synlait banking facilities update

05/05/2026 08:30 NZST, MKTUPDTEP

Synlait Milk Limited (Synlait) advises that it has received two waivers in relation to its syndicated bank facilities.

As detailed in its interim result, Synlait has faced a number of headwinds outside of its control which continue to impact its financial performance.

The company requested its banking syndicate waive the quarterly minimum EBITDA event of review threshold for the period ending 30 April 2026 and waive its interest cover ratio for the 30 April test date.

For more information contact

Investors

Hannah Lynch

Head of Milk Supply, Strategy & Corporate Affairs

E: hannah.lynch@synlait.com

P: +64 21 252 8990

Media

Jo Scott

Corporate Affairs Manager

E: jo.scott@synlait.com

P: +64 21 883 123