Determination of Director’s Independence

16/12/2025 16:56 NZDT, GENERAL

16 December 2025

Determination of Director’s Independence

In accordance with NZX Listing Rule 2.6.1, the Board of Fonterra Co-operative Group Limited has determined that Ms Michelle Pye is not an Independent Director.

-ENDS-

For further information contact:

Anya Wicks

Company Secretary

+64 9 374 9341

Attachments

  1. Determination of Director’s Independence