FDA approval to supply infant milk formula to United States

The a2 Milk Company has been granted approval by the US Food and Drug Administration to import infant milk formula products into the US.

This follows the onset of IMF supply disruption in the US and the request for enforcement discretion by the Company on 26 May 2022.

The Company is able to supply Stage 1 and 2 infant formula and Stage 3 toddler product, with the same formulation as a2 Platinum® but different scoops, mixing instructions and labelling requirements.

The Company estimates sales to be up to 1 million cans in 2H23, with gross margins to be lower than average and distribution costs to be higher due to potential air freight and rework costs in the near term.