FSF Annual Meeting and Fund Manager Director Nominations

14 SEPTEMBER 2023 FSF ANNUAL MEETING AND FUND MANAGER DIRECTOR NOMINATIONS The Fonterra Shareholders' Fund Annual Meeting of unit holders will be held on Monday 13 November 2023, commencing at 10am NZT. FSF Management Company Limited, as Manager of the Fonterra Shareholders' Fund, advises that by rotation, Ms Mary-Jane Daly will stand down as an Independent Director with effect from the close of the Annual Meeting and will be standing for re-election. Under NZX Listing Rule 2.3.2, the closing date for nominations of directors for the board of the Manager is Thursday 28 September 2023. Nominations may be made only by a unit holder entitled to attend and vote at the Annual Meeting. All nominations must be received by 4.00pm NZT on Thursday 28 September 2023. Contact details for nominations: Jackie Floyd Company Secretary - Fonterra Shareholders' Fund Private Bag 92032 Auckland, 1142 New Zealand or by email to: jackie.floyd@fonterra.com Yours faithfully, Jackie Floyd Company Secretary 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 +64 9 374 9000 End CA:00418246 For:FCG Type:MEETING Time:2023-09-14 13:47:18