Mataura

Creating Tomorrow’s Nutrition for a Growing World

Contents:

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World’s best

4

New Zealand. Our home

6

Our farmers-shareholders

8

Our vision

10

Our values

12

Purpose built

20

Our unique capabilities

22

Lab innovation

24

Quality Control

26

Our product range

30

Nutritional base powders

32

Milk powders

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World’s best We’re combining the best ingredients, people and technology to build the world’s best nutrition business.

Our pasture to market supply chain produces a range of premium quality nutritional products destined for the world’s most discerning markets with nutrition for a growing world.

We’re combining the finest milk producers, the best nutritionals industry talent and a comprehensive distribution, marketing and sales strategy as part of our mission to create tomorrow’s nutrition.

Our products are designed to be used in nutritional formulations manufactured by well-known international brands who value our customer-centric approach.

It’s all about Quality, Reliability and Expertise.

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New Zealand Our home Location. Location. Location. Deep in the South Island @ 46.0988° S 168.9458° E is Gore, home of Mataura Valley Milk. This Southland dairy region provides us many benefits and is well established offering significant farming expertise, rural support and technologies that we draw on to produce exceptional nutrition for a growing world.

Southland is also home to a significant proportion of New Zealand’s largest dairy herds and our source of milk. It’s ideal landscape and abundance of long term clean water supply makes the region ideal for pasture growth and one of the finest grass-producing regions in the world.

This great pasture resource as well as investment in herd homes, standoff feed pads and supplementary feeding means a large proportion of the farms in the region can supply milk all year round with approximately 18,000 cows on year-round supply.

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South45 Milk o

46.0988° S 168.9458° E

Our farmer shareholders

We source our milk from a small group of farmers, who are also shareholders.

Some have farmed this land across generations for over 100 years Our farmers are part of our Mataura Valley Milk family and are key stakeholders that drive our success and enhance our ambitions to be the world’s best nutrition business.

This localised supply chain means we can trace our milk source providing full transparency of our pasture to market supply chain - ensuring we deliver premium nutritional products for our global clients.

Our farmers farm on average 3 cows per hectare, ensuring the herds are well fed with nourishing pasture to deliver premium quality milk.

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We have a bold and achievable vision:

To build the world business manufa nutritional formula export markets

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d’s best nutrition acturing premium as for leading

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Our values Our values define our culture and guides us to fulfill our vision.

This is underpinned by our three core values.

QUALITY PEOPLE TRUST

These values guide what we do and how we do it.

It is represented by our Mataura Valley Milk Trust Mark that is proudly stamped on all our products.

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QUALITY People Trust Whilst striving for excellence in all that we do, the quality of our products and service is a key asset and competitive advantage in building the world’s best nutrition business.

This starts beyond the farm gate with our key farming partners, through to our state of the art processing plant with fully integrated Ingredient Management Systems allowing for full traceability of all ingredients and processes.

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Quality PEOPLE Trust We bring a diverse team of people to the table, each with significant expertise and experience within their fields. Their leadership, energy and enthusiasm is evident in all that we do. We always do the right thing and are straight forward with each other.

We demonstrate integrity, respect and work as a team to build mutually beneficial relationships and partnerships.

Our people make the difference and drive our success.

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Bernard May - General Manager (Left) Ian “Inky� Tulloch - Founding Shareholder (Right)

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Quality People TRUST We strengthen our reputation as a trusted and quality driven nutrition business through our ethical approach in all that we do.

We earn the trust we give by keeping our word and doing what we say we will - with all customers, stakeholders and business partners.

We are well aware that trust is hard to gain and easily lost - so we will prove that the trust bestowed on us, is worth it.

By choosing Mataura Valley Milk, you can be assured we will be reliable, transparent and upfront to become a “trusted brand” distinguishing ourselves from the competition and earn customer loyalty.

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Purpose built Our purpose-built nutrition plant, amongst the world’s most technologically advanced, is unique in many of its specifications.

Our nutritional plant has been built with the “world’s best” objective in mind across supply, process and product control protocols

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Our unique capabilities PATHOGEN MANAGEMENT • Raw milk is chilled on-farm, transported and stored onsite in raw milk silos and kept below 4.4˚C meeting USFDA standards. This ensures that the milk is always kept at a temperature that minimises the growth of bacteria, especially pathogens.

• Fully segregated milk reception and separation processing area.

• The installation of a bactofuge removes bacteria from liquid milk, lowers cell counts, heat resistant spores and provides extended keeping qualities.

WAREHOUSING • A specially designed warehouse operating under positive pressure mitigates the ingress of foreign matter and other contaminants.

• Electric forklifts reduce the risk of emission contamination of finished product and ingredients, improve operator safety and allow the warehouse area to be ventilated to reduce the risk of foreign particle contamination.

• Restricted access into the warehouse. Access and personnel movements are managed and monitored on a 24/7 basis with only authorized personnel permitted into this area.

• A fully automated de-palletiser enables the de-palletisation of ingredients on to conveyor in preparation for processing.

PE O

HIGH SHEAR VACUUM MIXER provides homogeneity of ingredients and dissolution on route to batch storage silos.

PLE &

OIL FREE COMPRESSION eliminates oil contamination into the process.

WATER CONSERVATION A significant volume of the process water is recovered and recycled with a capital investment in the Water Treatment facility which includes the following: • Reverse Osmosis plants • UV and Chlorine Dioxide in-line units

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Our fully integrated Ingredient Management Systems allow for full track and trace of all ingredients and processes.

A WELL-DOCUMENTED TRACEABILITY SYSTEM identifies the source of all inputs such as raw milk, functional ingredients and packaging through all stages of production, packaging and distribution.

DE-HUMIDIFICATION OF AMBIENT AIR reduces ambient air variations and enhances stability of functional attributes of finished Infant Formula powders.

DUAL EVAPORATORS allow flexibility to manufacture a wider range of functional infant formulas, enhanced operation of equipment efficiency and excellent quality control.

THE FINAL HEAT TREAT STEP is applied just prior to the conversion of the liquid phase (concentrate) to solid state (powder) with the philosophy of manufacturing outstanding Infant Formula Nutrition throughout the entire supply chain.

E

I C A PA B I L

Fines from the bag house are not reprocessed.

TIE

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INGREDIENT MIXING IN SILO ensures consistent ingredient mixing which minimises batch variability.

Lab innovation Mataura Valley Milk has a state of the art R & D laboratory incorporated in our manufacturing plant which is staffed by a highly qualified team delivering continuous innovation and customised formulations for our global clients.

The laboratory is fully equipped with some of the best technology and is currently undergoing accreditation to ISO 17025 standards and registration as a MPI Recognised Laboratory.

On approval, the laboratory will have the capacity to carry out functional, chemical and organoleptic testing of milk, intermediate products and finished goods.

We also partner with world-class, MPI registered and approved laboratories to carry out independent routine testing. These laboratories operate at a scale where they can access the latest analysis technology as well as global networks to assist with technical support. They are all independently audited to international standards - giving complete confidence that the testing of our products is independent, reliable and accurate.

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Quality control Our nutrition plant complies with the following standards for manufacturing Infant Formula products:

New Zealand Ministry of Primary Industries (MPI) China Food and Drug Administration (CFDA) United States Food and Drug Administration (USFDA) specifically 21-CFR-106

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Our product range STANDARD RANGE: SKIM MILK POWDER Medium Heat, General Trade Medium Heat, Instant

WHOLE MILK POWDER Medium Heat, General Trade Medium Heat, Instant 28% fat Medium Heat, Instant, 28% fat, vitamin fortified

BESPOKE CUSTOM-MADE RANGE: SKIM MILK POWDER Low Heat, General Trade High Heat, General Trade Medium Heat for UHT FAT FILLED MILK POWDERS

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WHOLE MILK POWDER High Heat, General Trade Medium Heat for UHT Whole Milk Powder, Medium Heat, Instant 26% fat Whole Milk Powder, Medium Heat, Instant, 26% fat, vitamin fortified

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NUTRITIONAL FORMULA RANGE: SKIM MILK POWDER Medium Heat, Infant Drymix

DAIRY-DERIVED ADULT NUTRITION BASE POWDERS

WHOLE MILK POWDER Medium Heat, Infant Drymix

DAIRY-DERIVED MEDICAL NUTRITION BASE POWDERS

INFANT FORMULA BASE POWDERS Stage 1, 2 and 3

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Nutritional base powders

Pregnancy

This powder provides a balanced, nutritious way to get the vitamins and minerals necessary to support a healthy pregnancy.

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Stage 1

Specially formulated to be gentle on the stomach and support new born babies with the nutrition they need in their critical first 6 months.

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Stage 2

A follow on formula that is nutritionally tailored and enriched for babies between 6 - 12 months old.

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Stage 3

A growing up formula specifically formulated to support growing toddlers (from 12 months onwards) with the vitamins and minerals that they need to thrive.

We have a dedicated technical team who can work with customers to make bespoke nutritional powders to desired specifications.

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Milk powders

Whole Milk Powder PRODUCT SPECIFICATION Product Group: Whole Milk Powder, Medium Heat, General Trade General description Free-flowing, medium heat whole milk powder (WMP) produced from fresh pasteurised milk to which no preservative, alkali neutralising or other chemical has been added. For wet addition. Supplied in strippable 25kg bags. Standardised using lactose to a protein content of minimum 34% on a solids non-fat basis.

Does not contain permeate.

Allergen information Contains Milk and may contain the following Soy. Produced on shared use equipment with products containing soy oil and soy lecithin.

International Standards Compliance This ingredient meets the requirements of: • China GB standard: 19644-2010 • Codex standard 207-1999 • Halal Packaging Information Packed in 25kg tamper evident, strippable barrier bags (multi walled Kraft paper bag with barrier polyethylene/nylon/EVOH liner). Outer bags are glued closed for tamper evidence. Inner bags are heat sealed. No staples or metal fasteners are used.

Bags are palletised on Slip-sheets 2200x1160mm, protected by a top sheet and full shrink wrapping. Available on 2200x1160mm pallets on request.

Storage and Shelf Life Shelf life is 2 years from the date of manufacture when stored in sealed original packaging.

Recommended storage is below 25°C and 65%RH, out of direct sunlight and away from strong smelling ingredients.

Bag Coding Bags are coded with factory registration number, lot number (line, cypher), unit number, date of manufacture (DD MM YYYY) and expiry date 720 days (DD MM YYYY).

Quality Assurance The manufacturing environment is subject to regular monitoring and control. Final product is sampled, examined, and subjected to laboratory analysis. The dairy products are manufactured and tested in premises meeting legislative standards administered by the Ministry for Primary Industries.

During storage and shipment precautions are taken to ensure that product quality is maintained. Each package is identified, enabling trace back.

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General Chemical & Physical Properties Parameter

Microbiological Specification Units*

Max.

Aerobic Plate Count (35°C)

cfu/g

5000

27.5

Coliforms

cfu/g

1

26.0

29.5

cfu/g

10

%

-

4.0

Yeasts and Moulds Salmonella

cfu/g

Not Detected

/32.5g

-

No hard plastic or glass; no metal or other foreign matter >2mm

Listeria monocytogenes

cfu/g

Not Detected

S. aureus

cfu/g

Not Detected

E.coli

cfu/g

Not Detected

B.cereus

cfu/g

100

Units*

Min.

Max.

Protein / SNF§

%

34.0

-

Protein

%

24.0

Fat

%

Moisture Foreign Matter

Scorched Particles

Disc or /32.5g

-

A or 7.5mg

Solubility Index

mL

-

1.00

Titratable Acidity (as lactic acid)

%

-

0.15

Whey Protein Nitrogen Index (WPNI)

mg/g

1.51

5.99

Impurities

mg/kg

-

16.0

g/ml

0.52

0.58

Bulk density

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Taste

Slightly sweet milky taste without off or foreign flavours.

Odour

Neutral, without off or foreign odours.

Appearance

White to off-white/yellow homogenous free flowing fine powder. No lumps that do not break up under moderate pressure.

Parameter

Contaminants Specification Parameter

Units*

Min.

Max.

-

-

Not detected

Nitrate

mg/kg

-

50

Nitrite

mg/kg

-

2.0

-

-

As per MRLs

Radioactivity

Veterinary drugs

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Skim Milk Powder PRODUCT SPECIFICATION Product Group: Skim Milk Powder, Medium Heat, General Trade General description Free-flowing, medium heat skimmed milk powder (SMP) produced from fresh pasteurised skim milk to which no preservative, alkali neutralising or other chemical has been added. For wet addition. Supplied in strippable 25kg bags. Standardised using lactose to a protein content of minimum 34% on a solids basis.

Does not contain permeate.

Allergen information Contains Milk & may contain the following Soy. Produced on shared use equipment with products containing soy oil and soy lecithin.

International Standards Compliance This ingredient meets the requirements of: • China GB standard: 19644-2010 • Codex standard 207-1999 • Halal Packaging Information Packed in 25kg tamper evident, strippable barrier bags (multi walled Kraft paper bag with barrier polyethylene/nylon/EVOH liner). Outer bags are glued closed for tamper evidence. Inner bags are heat sealed. No staples or metal fasteners are used.

Bags are palletised on Slip-sheets 2200x1160mm, protected by a top sheet and full shrink wrapping. Available on 2200x1160mm pallets on request.

Storage and Shelf Life Shelf life is 2 years from the date of manufacture when stored in sealed original packaging.

Recommended storage is below 25°C and 65%RH, out of direct sunlight and away from strong smelling ingredients.

Bag Coding Bags are coded with factory registration number, lot number (line, cypher), unit number, date of manufacture (DD MM YYYY) and expiry date 720 days (DD MM YYYY).

Quality Assurance The manufacturing environment is subject to regular monitoring and control. Final product is sampled, examined, and subjected to laboratory analysis. The dairy products are manufactured and tested in premises meeting legislative standards administered by the Ministry for Primary Industries.

During storage and shipment precautions are taken to ensure that product quality is maintained. Each package is identified, enabling trace back.

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General Chemical & Physical Properties Parameter

Microbiological Specification Units*

Max.

Aerobic Plate Count (35°C)

cfu/g

5000

1.25

Coliforms

cfu/g

1

-

4.0

cfu/g

10

-

No hard plastic or glass; no metal or other foreign matter >2mm

Yeasts and Moulds Salmonella

cfu/g

Not Detected

Listeria monocytogenes

cfu/g

Not Detected

S. aureus

cfu/g

Not Detected

E.coli

cfu/g

Not Detected

B.cereus

cfu/g

100

Units*

Min.

Max.

Protein / SNF§

%

34.0

-

Fat

%

-

Moisture

%

Foreign Matter

/25g

Scorched Particles

Disc or /25.0g

-

A or 7.5mg

Solubility Index

mL

-

1.00

Titratable Acidity (as lactic acid)

%

-

0.162

Whey Protein Nitrogen Index (WPNI)

mg/g

1.51

5.99

Impurities

mg/kg

-

16.0

g/ml

0.62

0.68

Bulk density

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Taste

Slightly sweet milky taste without off or foreign flavours.

Odour

Neutral, without off or foreign odours.

Appearance

White to off-white/yellow homogenous free flowing fine powder. No lumps that do not break up under moderate pressure.

Parameter

Contaminants Specification Parameter

Units*

Min.

Max.

-

-

Not detected

Nitrate

mg/kg

-

50

Nitrite

mg/kg

-

2.0

-

-

As per MRLs

Radioactivity

Veterinary drugs

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MATAURA VALLEY MILK LIMITED 19 Pease Street, McNab, Gore 9771, New Zealand PO Box 42, Gore 9740, New Zealand Phone: 0800 686 455 - mataura.com