FSF Annual Meeting and Fund Manager Director Nominations

17/09/2026 17:08 NZST, MEETING

17 SEPTEMBER 2026

FSF ANNUAL MEETING AND FUND MANAGER DIRECTOR NOMINATIONS

The Fonterra Shareholders’ Fund Annual Meeting of unit holders will be held on Monday 16 November 2026, 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 Friday 2 October 2026. 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 Friday 2 October 2026.

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