a2 Milk CEO adjusts holdings as performance rights vest

David Landt Bortolussi, managing director and chief executive of The a2 Milk Company Limited, disclosed changes to his financial interests in the company. As of August 26, 2025, 484,691 performance rights vested and were automatically exercised, resulting in the transfer of 484,691 ordinary shares to DMZSK Super Pty Ltd <D&M Bortolussi Superannuation Fund A/c>. Concurrently, 16,489 performance rights lapsed.

Following these transactions, Bortolussi's holdings of performance rights decreased from 1,729,582 to 1,228,402. These remaining rights are subject to vesting conditions tied to ATM's future full-year audited results, with 690,066 rights due in FY2026 and 538,336 in FY2027. His ordinary shares increased from 1,280,766 to 1,765,457. The transactions, which involved a2 ESS Holdings Pty Limited as the transferor of ordinary shares, occurred during a period where no prior written clearance was required, as confirmed by the disclosure.