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Nominations Have Closed for the 2016 Fonterra Elections

Tuesday, 25 October 2016

Nominations Have Closed for the 2016 Fonterra Elections

Nominations for the Fonterra Board of Directors’ Independent Nomination Process candidates and the Shareholders’ Council, Directors’ Remuneration Committee, and Fonterra Farmer Custodian Trustee elections closed at 12 noon today.

The candidates successfully nominated following the Independent Nomination Process will be announced onFriday 4 November, 2016. The full list of candidates, including Self-Nominated candidates for the Fonterra Board of Directors’ Election will be announced by Wednesday, 16 November 2016.

The nomination period for the Self-Nomination process, where farmers can put themselves forward as a candidate for the Board outside the Independent Nomination Process, runs from Friday, 4 to Thursday, 10 November 2016.

The Returning Officer, Warwick Lampp, confirmed there will not be an election for the Directors’ Remuneration Committee, as Shareholders Scott Montgomerie and Gerard Wolvers were elected unopposed. Paul Todd has also been elected unopposed as the Fonterra Farmer Custodian Trustee.

Nominations were also called for candidates for the Shareholders’ Council elections in 13 wards. An election is required in five wards, as follows:

Ward -- Candidate

8 – Matamata
Terry Assen
James Barron

9 – Western Bay of Plenty
Don Hammond
Ian Jeffrey
Rowan Thomas

15 – Taupo
Vanessa Donald
Kylie Leonard

21 – Southern Taranaki
Dale Cook
Ben Dickie
Simon Washer

24 – Southern Manawatu
Hamish Easton
Robert Ervine

There was one nomination received in each of the other seven wards, so no election is required. The formal declaration of these candidates as Shareholders’ Councillors will be made in conjunction with the results of the elections at the Annual Meeting.

The Councillors-elect 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

Four of the seven Councillors-elect are incumbents who have been elected unopposed.

New Councillors-elect are Susan Rhynd in Central Northland, Steve Hines in South Waikato, and Jessie Chan-Dorman in Rakaia.

There were no nominations received in Ward 30 South Canterbury. The Shareholders’ Council will work with Shareholders in that Ward to have a Councillor in place for the coming year by the 2016 Fonterra Annual Meeting.

All successful candidates take office at the close of the 2016 Fonterra Annual Meeting of Shareholders which is scheduled to be held on Thursday, 8 December.

Voting Packs, containing candidate profiles, will be mailed to eligible Shareholders on Monday, 21 November 2016. Shareholders can vote by internet, fax or post.

The voting period is from Monday, 21 November until 10.30am on Tuesday, 6 December 2016 with the results being announced later that day.

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