The a2 Milk Company will vote in favour of the resolution to approve Synlait's proposed entry into a $130 million shareholder loan.
Synlait's special shareholders meeting, scheduled for 2pm today, will decide on the resolution.
If approved, Synlait will draw down the loan in full to meet a $130m payment due to its banks on July 15 2024.
The loan is to be made available by Bright Dairy International Investment, a related company of Synlait's 39.01% shareholder, Bright Dairy Holding.