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18 August 2023 Fonterra confirms implementation of capital return Fonterra Co-operative Group Limited (Fonterra) confirms that its capital return of approximately $800m to its shareholders was implemented on 17 August 2023, by way of a Court-approved scheme of arrangement under Part 15 of the Companies Act 1993 (Scheme). Payments to shareholders are being processed today in accordance with the terms of the Scheme. ENDS For further information contact: Fonterra Communications 24-hour media line Phone: +64 21 507 072 End CA:00416619 For:FCG Type:CORPACT Time:2023-08-18 11:21:53