Annual Meeting Results and Director Independence

16 December 2020 Annual Meeting Results and Director Independence The Board of Directors of Sanford Limited wishes to announce that the following resolutions were passed by shareholders at its Annual Meeting of Shareholders held today at Eden Park, Reimers Avenue, Auckland. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. Resolutions 1. Election of Fiona Mackenzie 2. Re-election of Peter Goodfellow 3. Auditor remuneration Detail of the total number of votes cast in person or by a proxy holder are: Resolution For Against 1.Election of Fiona Mackenzie 43,333,649 (99.89%) 47,250 (0.11%) 2.Re-election of Peter Goodfellow45,119,280 (98.03%)906,620 (1.97%) 3.Auditor remuneration 45,977,975 (99.95%) 24,325 (0.05%) Director Independence The Board has determined that the following Directors are Independent Directors: Peter Cullinane Abigail Foote Peter Kean Robert McLeod Fiona Mackenzie Peter Goodfellow is not an Independent Director due to his association with a major shareholder. Authority for this announcement Name of person authorised to make this announcement Dean McIntosh Contact person for this announcement Katherine Turner Contact phone number 021 470 436 Contact email address kturner@sanford.co.nz Date of release through MAP 16/12/2020 End CA:00365167 For:SAN Type:MEETING Time:2020-12-16 16:37:54