a2 Milk Company independent director increases stake with new share acquisition

Pei-yu Yu, an independent non-executive director of The a2 Milk Company Limited, has disclosed an acquisition of 6,000 ordinary shares. The on-market purchase took place on September 23, 2025, at a price of NZD 9.46 per ordinary share. This acquisition marks a new holding for Yu, who previously held no shares in the company.

Based on the share price and quantity, the acquisition indicates a substantial investment. The disclosure notice, dated September 30, 2025, confirms that the transaction occurred outside of a closed period, meaning no prior written clearance was required.

This is the only transaction reported in the disclosure notice. The increase in shareholding reflects a direct investment by a director in the company's equity, with Pei-yu Yu registered as the beneficial owner of 6,000 ordinary shares.