New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>ATM expects it to be incrementally beneficial: ATM has received confirmation to sell and distribute a2 Platinum Stage 1 and 2 IF product as part of the enforcement discretion</li><li>Valuation benefit: Assuming approval can be granted medium-term which is still to be confirmed</li><li>State of the market now – product shortage is largely over</li></ul>

ATM expects it to be incrementally beneficial: ATM has received confirmation to sell and distribute a2 Platinum Stage 1 and 2 IF product as part of the enforcement discretionValuation benefit: Assuming approval can be granted medium-term which is still to be confirmedState of the market now – product shortage is largely over

The A2 Milk Company: US FDA Clearance – The American Dream?

A2 Milk Co Ltd

The A2 Milk Company: US FDA Clearance – The American Dream?