Key Highlights:

• The a2 Milk Company trades ex-dividend on 7 July 2026.

• The company has declared a fully franked final dividend of AUD 0.085 per share.

• Eligible shareholders are scheduled to receive payment on 24 July 2026.

• The announcement marks the company's first-ever dividend.

The a2 Milk Company Ltd (ASX: A2M) is approaching an important milestone as it prepares to trade ex-dividend on 7 July 2026. The company has declared a fully franked final dividend of AUD 0.085 per share, with payment scheduled for 24 July 2026.

The announcement is particularly noteworthy because it represents the first dividend in the company's history. For many shareholders, the decision reflects a new stage in the company's capital management strategy after years of focusing on expanding its business and strengthening its balance sheet.

Shareholders who own the stock before the ex-dividend date will generally be eligible to receive the upcoming payment, while purchases made on or after the ex-dividend date will not qualify for this distribution.

A Milestone Dividend Announcement

The a2 Milk Company has declared a fully franked final dividend of AUD 0.085 per share, marking a significant development in its history as a listed company.

The payment is scheduled for 24 July 2026, while 7 July serves as the ex-dividend date that determines shareholder eligibility.

The introduction of a dividend may also indicate the company's evolving approach to capital allocation as it balances business investment with returning capital to shareholders.

About The a2 Milk Company

The a2 Milk Company develops and markets premium dairy and infant nutrition products under the a2 Milk™ brand. Its portfolio includes fresh milk, infant formula, nutritional powders and other dairy products sold across Australia, New Zealand, China and selected international markets.

The business focuses on products containing only the A2 type of beta-casein protein and has built a presence across both retail and e-commerce channels.

Business performance is influenced by consumer demand, product innovation, geographic expansion and brand positioning across key international markets.

Key Drivers Behind Future Dividends

Financial Performance

Future dividend payments will largely depend on earnings growth, profitability and cash generation.

Consumer Demand

Sales across infant nutrition and dairy products remain an important factor supporting long-term business performance.

Capital Allocation

The Board will continue assessing business investment opportunities alongside future shareholder returns when determining dividend payments.

International Markets

Performance across Australia, New Zealand, China and other overseas markets continues influencing overall financial results.

Risks Shareholders Should Consider

Future dividend payments are not guaranteed and remain subject to Board approval.

The company also faces risks associated with changing consumer preferences, regulatory developments, foreign exchange movements and competitive pressures within the global dairy and infant nutrition industries.

Demand fluctuations across key international markets, particularly China, may also influence future financial performance and dividend decisions.

Supply chain disruptions, input cost inflation and broader economic conditions remain additional factors that could affect future earnings.

Outlook

The declaration of the company's first-ever dividend marks an important development for The a2 Milk Company as it continues balancing growth initiatives with shareholder returns.

Future dividend decisions are expected to depend on financial performance, cash flow generation, business expansion and capital allocation priorities. Upcoming financial results and trading updates will provide additional insight into the company's ability to sustain future distributions while continuing to invest in its business.