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Northington Partners Independent Report

4/11/2024, 15:35 NZDT, GENERAL

4 November 2024 Northington Partners Independent Report The attached independent report, prepared by Northington Partners at the request of the Fonterra Co-operative Council (on behalf of Fonterra), for the purposes of s109LA of the Dairy Industry Restructuring Act 2001, has been provided to shareholders by the Fonterra Co-operative Council. ENDS For further information contact: Anya Wicks Company Secretary Phone: +64 21 283 0945