Results of the 2022 FSF annual meeting of unit holders

14 November 2022 RESULTS OF THE 2022 FSF ANNUAL MEETING OF UNIT HOLDERS Fonterra Shareholders' Fund is pleased to announce that the following resolutions were passed at its Annual Meeting of unit holders held online today. Resolution 1: To elect Carlie Eve, who stands for election as a director of the Manager of the Fund. Votes FOR 15,262,664 (96.86%) Votes AGAINST 494,753 (3.14%) Abstain 16,303 Resolution 2: To elect Alastair Hercus, who stands for election as a director of the Manager of the Fund. Votes FOR 15,433,789 (97.89%) Votes AGAINST 332,202 (2.11%) Abstain 7,729 -ENDS- Andrew Cordner Company Secretary - Fonterra Shareholders' Fund FSF Management Company Ltd (Australian Registered Business Number 190 539 935, incorporated in New Zealand) is the Manager of the Fonterra Shareholders' Fund Investor.Relations@fonterra.com Phone +64 9 374 9000 Private Bag 92032, Auckland, 1142 New Zealand; Fonterra Centre, 109 Fanshawe Street, Auckland, 1010 New Zealand www.fonterra.com End CA:00402323 For:FSF Type:MEETING Time:2022-11-14 11:46:20