20 March 2017

CASEY BLATCH NAMED 2017 YOUNG FINANCIAL MANAGER OF THE YEAR

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Casey Blatch, Group Financial Controller for Synlait Milk (NZX: SML; ASX: SM1), was named the Young Financial Manager of the Year at the 2017 CFO Awards in Auckland on Wednesday 15 March.

“On behalf of Synlait, I want to congratulate Casey on this achievement. We’re very proud he has been recognised by his senior peers as a leading young financial manager in the business community,” says John Penno, Synlait’s Managing Director and CEO.

Since joining Synlait in 2014, Mr Blatch has been involved in a number of initiatives to support the company’s growth. These include the development of a unique financing facility (secured by working capital), improving the efficiency of financial processes and overseeing a new foreign exchange hedging policy.

“Casey also played a key role in the process to dual list Synlait on the NZX and ASX. This was at the same time as a rights issue in October 2016, which was fully subscribed and raised $97.6 million of new equity,” adds Mr Penno.

“I’ve had some great opportunities present themselves in my career and I know that having strong mentors and an incredible team by my side have allowed me to tackle them head on,” said Mr Blatch.

“For that I’m very grateful and I want to thank everyone who has helped me develop and grow so far.”

Synlait was also a finalist for the Financial Innovation Project of the Year award. The annual CFO Awards celebrate excellence in financial leadership in New Zealand.

ENDS

For more information about Synlait, visit www.synlait.com or contact:

Dan Walraven,
Communications Manager, Synlait Milk
+64 27 836 7532
Daniel.walraven@synlait.com.

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