Result announced for the Second Fonterra Director Election

Thursday, 20 December 2018 RESULT ANNOUNCED FOR THE 2018 SECOND FONTERRA DIRECTOR ELECTION Returning Officer Warwick Lampp, of electionz.com Ltd, has declared the final result of the second 2018 election for the election of one Director to the Fonterra Board. Shareholders voted to elect John Nicholls. John Nicholls received 53% support from shareholders, Jamie Tuuta received 37% support. John Nicholls lives in Christchurch and has farming interests in Mid Canterbury. John was a previous Fonterra Shareholders' Councillor and is currently Chair of MHV water, NZ's largest inter-generational irrigation co-operative providing water to 50,000ha in Ashburton District. John Nicholls takes up his position on the Board immediately. The voting return was 64.10% by milk solids, being 5,324 votes cast from 9,347 shareholders of which 79.19% voted via the internet and 20.81% voted by post. Warwick Lampp Returning Officer - 2018 Fonterra Elections Free phone 0800 666 034 electionz.com Ltd 021 498 517 iro@electionz.com -ends- End CA:00328740 For:FSF Type:ADMIN Time:2018-12-20 14:14:10