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Fonterra Shareholders' Fund (NS) Board/Management Information 2016

Dec 6, 2016

66198_rns_2016-12-06_4aabfe1e-5401-4677-b3bb-f9ea40690ec7.pdf

Board/Management Information

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MEDIA RELEASE

Tuesday, 6 December 2016

For Immediate Release

RESULTS ANNOUNCED FOR THE 2016 FONTERRA ELECTIONS

Returning Officer Warwick Lampp, of electionz.com Ltd , has declared the final results of the 2016 elections for the Fonterra Board of Directors, Directors’ Remuneration Committee, Fonterra Farmer Custodian Trustee and Shareholders’ Council.

Shareholders voted to elect incumbent Director Michael Spaans and new Director Donna Smit. Stuart Nattrass was unsuccessful.

Donna Smit lives and farms at Edgecumbe, and has built and owned 7 dairy farms in Eastern Bay of Plenty and Oamaru. Donna is a Director of Ballance Agri Nutrients and Primary ITO and a Trustee of Taratahi Agricultural Training Centre and Eastern Bay Energy Trust. Donna is a Chartered Accountant and was Company Administrator at Kiwifruit Co-operative EastPack for 24 years.

Shareholders Scott Montgomerie and Gerard Wolvers were elected unopposed to the Directors’ Remuneration Committee. Paul Todd has also been elected unopposed as the Fonterra Farmer Custodian Trustee .

In the Shareholders’ Council elections, the following Shareholders’ Councillors were elected:

Ward 8– Matamata James Barron
Ward 9– Western Bay of Plenty Don Hammond
Ward 15– Taupo Kylie Leonard
Ward 21– Southern Taranaki Ben Dickie
Ward 24– Southern Manawatu Robert Ervine
Ward 30– South Canterbury Michele Pye

All six are new Shareholders’’ Councillors.

In the seven other Shareholders’ Council wards where elections were due, nominees were elected unopposed. The Councillors in those wards are:

Ward 2- Central Northland Susan Rhynd
Ward 6- Hamilton Ross Wallis
Ward 12- South Waikato Steve Hines
Ward 18- Coastal Taranaki Vaughn Brophy
Ward 27- North Canterbury Shaun Lissington
Ward 28- Rakaia Jessie Chan-Dorman
Ward 33- Northern Southland Ivan Lines

Susan Rhynd, Steve Hines and Jessie Chan-Dorman are new Shareholders’ Councillors.

All successful candidates will take office at the close of the Annual Meeting on Thursday, 8 December 2016.

Warwick Lampp Returning Officer – 2016 Fonterra Elections Free phone 0800 666 034 electionz.com Ltd 021 498 517 [email protected]

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