Notice of on-market share buyback

31 January 2023 Notice of acquisition of shares under on-market share buyback programme announced on 8 June 2022 This notice is given under FSM Rule 2.9.1 and section 65(2) of the Companies Act 1993 and relates to the acquisition of ordinary shares in Fonterra Co-operative Group Limited under the on-market share buyback programme announced on 8 June 2022. -ENDS-. For further information contact: Simon Till Director Capital Markets Phone: +64 21 777807 Email: investor.relations@fonterra.com End CA:00405993 For:FCG Type:SECISSUE Time:2023-01-31 08:30:34